Whenever I think of that cartoon above of the intellectual Pinoy vs. the anti-intellectual Pinoy, I think that a lack of knowledge of basic economics is leading to backwards thinking... not just on the part of the government but also in the culture of the people plagued with anti-intellectualism . It made me think do these people even bother to realize what affects economics? Supply and demand is natural law I was thinking of the stupid strikes done by them Failipino activists (due to their failure to understand what's good for the Filipino) demanding for lower prices when supply is low are ignoring the laws of supply and demand. One doesn't have to have a Ph. D in economics or an MBA degree to understand the law of supply and demand. Either it's been taught in high school or in the basics of an economics subject in college. I mean, do they even know that if supply is up and demand is low, prices go low and if supply is down and demand is up, prices go high? Prices ar
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