Financial illiteracy in America and economic crises

Is the United States a nation with a fundamental misunderstanding of debt, financing and budgeting? “Freakonomics” author Stephen Dubner and a number of economics say it is. Dubner looks at how an absence of financial education hurts us during times of economic instability. Guest: Stephen Dubner, Takeaway contributor and author of the “Freakonomics” book and blog