Education and Books

[ellisael]

Recently, a Washington Post author called for action to tear away textbooks as they are passe and how it was time for experimental and experiential learning. The writer also based many of his examples on the book called Principles of Macroeconomics written by Prof Mankiw. This professor then, on his blogpost called this out and remarked that it would be ignorant to think that the time for textbooks has passed. He seemed to set much store by textbooks. Not only because he is a textbook author but also because he seemed to believe in the canonical nature of textbooks.

This got me thinking about finances. In my time, nobody used to really prepare us to be adults visavis finances- personal or familial. Has that changed? are kids nowadays more equipped to lead a fulfilling life with a financial education? Can textbooks really take care of the need when so much of financial advancement is happening in terms of stocks and cryptocurrency?