Many of the readers of this blog are advocates for consumers' welfare. Many of them are lawyers. But did they become financially literate in law school? Do they know enough about financial transcations to promote useful systemic reform?
NYU law school has decided to require all of its students to take a course in financial literacy. Georgetown law professor Adam Levitin applauds NYU's move in this thoughtful post at Credit Slips and then follows up with this post containing a non-exclusive list of topics that might be included in a financial literacy course.