Economics professor Daniel Klein has apparently found a significant blind spot in the progressive intellect.  Ignorance of basic economics seems to be a consistent trait in the ultra-liberal mind, a place where ideology trumps reason and logic.In his June 8 Wall Street Journal article, "Are You Smarter Than a Fifth Grader", Klein explains:Who is better informed about the policy choices facing the country-liberals, conservatives or libertarians? According to a Zogby International survey that I write about in the May issue of Econ Journal Watch, the answer is unequivocal: The left flunks Econ 101.The Zogby survey asked 4,835 American adults to identify their political ideology as either libertarian, very conservative, conservative, moderate, liberal, or progressive/very liberal.  They were then provided eight fairly basic economic assertions, and asked to respond to each statement. Consider one of the economic propositions in the December 2008 poll:...(Read Full Post)