September 19, 2007

The History Quiz

Since everyone seems to be doing it, the ISI's National Civic Literacy Board Civics Quiz.

Your correspondent's luck held fast, as I managed to score 59/60 for a percentage of 98.33% accuracy. I missed question 58 dealing with the effects of a purchase of bonds by the Federal Reserve. I said it was a decrease in the supply of money, on the notion that if the Federal Reserve is spending money to buy bonds---which I interpreted to be Treasury bonds---then they would have less money to introduce into the stream of commerce, et cetera. By the ISI's mark, this is wrong, but I don't care. I'm not an economist, hated my economics classes in college, and consider a career in economics only slightly more promising than taking command of Army Group Vistula in April of 1945.

I think I got lucky on several questions due to the fact that I probably share a broad philosophical and political viewpoint with the ISI. Some of the questions, especially on trade and theories of government, depend upon your viewpoints. If you're a fan of an interventionist central government, then you're going to miss several of these.

Nyah nyah, Goldberg.

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Posted by: 钢托盘 at September 09, 2008 10:08 AM (bZlfF)

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