National Collegiate Honors Council

 

Journal of the National Collegiate Honors Council Online Archive

Date of this Version

Spring 2001

Document Type

Article

Comments

Published in the Journal of the National Collegiate Honors Council 2:1, Spring/Summer 2001. Copyright © 2001 by the National Collegiate Honors Council.

Abstract

I had a very disturbing experience a few months ago---Dne might almost call it a crisis of faith-while leafing through the financial pages of my daily newspaper. Confronted with column after column of virtually indecipherable NASDAQ, NYSE and AMEX stock quotations-and even more nonplussed by articles which made reference to such things as "put" and "call" options, small cap growth funds, and companies taking "poison pills" to avoid a hostile takeover-I realized in a flash of depressing insight that I was one of this nation's economic illiterates.

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