[msla]

I am an American, I went to American public high school, and not one in a particularly rich town. (So there, people who think American schools are all junk.) I did, however, get a class in basic business law, including contracts, which I think should be mandatory for all high school students, and it would cover precisely this kind of thing.

[toyg]

> I think should be mandatory for all high school students

Notice how anything related to wealth management (contracts, financial concepts and practices, etc) is rarely (if ever) included in compulsory schooling.

This is by design.

[kube-system]

36 states require a civics course, which typically include personal finance topics. It was covered when I was in school decades ago.

https://www.edweek.org/teaching-learning/data-most-states-re...

[msla]

Yes: People think school should be more about learning the "traditional" subjects and get angry when schools deviate.

[toyg]

No, that's because the ruling classes can integrate that knowledge in their own way later on, whereas others cannot. This coupled very well with the original aristocratic pretension that "material" subjects should be considered inferior.

So we ended up with Western education systems that produce intellectuals who conceptually despise wealth management, ensuring education remains thoroughly detached from the actual levers of power. That suits rulers just fine.

[msla]

You have a nice little castle of theory built on air.