WSJ: Liberals Flunk Economics

I have always said that liberals fail to understand economics -- my series of posts about the laws of economics trumping various man-made laws, for example. Now the Wall Street Journal is reporting on a Zogby poll that tests economic understanding against political leanings.

No surprise to me. Liberals do not understand economics.

From the article linked above:

How did the six ideological groups do overall? Here they are, best to worst, with an average number of incorrect responses from 0 to 8: Very conservative, 1.30; Libertarian, 1.38; Conservative, 1.67; Moderate, 3.67; Liberal, 4.69; Progressive/very liberal, 5.26.

Americans in the first three categories do reasonably well. But the left has trouble squaring economic thinking with their political psychology, morals and aesthetics.