Being used to a life of consumer goods, 'caveat venditor', and hordes of ambulance chasers, maybe each passing generation forgets how to practice 'caveat emptor

Being used to a life of consumer goods, 'caveat venditor', and hordes of ambulance chasers, maybe each passing generation forgets how to practice 'caveat emptor'. It's probably called 'critical thinking' in the educational circles. A lot of students no longer use the index, or table of contents. Or at least http://scholar.google.com/ http://scholar.google.com/ if they don't have access to the LexisNexis, or something similar. Or maybe they are just going through the motion, practicing being a mindless drone. But that just points out the failing of the teachers, not the students. Warren Buffett has an interesting perspective on this: http://mba.tuck.dartmouth.edu/pages/clubs/investment/WarrenBuffett.html http://mba.tuck.dartmouth.edu/pages/clubs/investment/WarrenB... ----- Q: What is your view on education? A: Bill Gates thinks we're [America] falling behind. [Mr. Buffett speaks with Bill Gates frequently]. I had a great advantage when I went to public school compared with kids today. When I was in school there were very few career opportunities for women, so an enormous number of very talented women became teachers, and I benefited from their instruction. Today there are many more career opportunities, and as a result the pool of potential teachers has shrunk. -----