An educable president and the study of economics

President Rodrigo Duterte’s admission that he reads the book, “Economics for Dummies,” is quite candidly funny. It should be placed alongside his other revelations and musings, namely, that he flunked his economics subject in college, that he got a poor grade in accounting statistics, or that he was generally content to score only 75 percent in various tests, and did not aspire for anything higher.

These utterances should, of course, be taken with a grain of salt. They hardly represent any serious, foolproof formula for a quick study of anything, and parents and students alike should know there is no shortcut to learning.