Earlier quoted context omitted.
But that's basic arithmetic, and we have calculators to do that. Totally agree that understanding the problem and being able to frame a solution are also needed, but again, that's not hard maths. I think we're more talking about algebra or, really, anything "higher" in maths than arithmetic. Does a solid knowledge of, e,g, Set Theory, give any benefit later in life? And also, if we think that basic financial manageme…
A calculator won't help at all if you don't have a grasp on what compound interest is. I've seen many laments on X from graduates who could not understand why they've paid more money to their student loan lender than the amount of the loan, and still have a balance that was more than the loan amount. These are college graduates . > Does a solid knowledge of, e,g, Set Theory, give any benefit later in life? Knowledge…
I'll add that math isn't really just about that sort of practicality though. It's also about a fundamental understanding of numbers and what they mean.
For example, inflation is in the news a lot. It's high, or low. Most people (the US president included) think that if inflation was 0% prices would come down. But that'd be a profound misunderstanding of the topic.
A grounding in numbers, in this case percentages, makes for a better understanding.
Any business owner needs to know fundamental truths to survive. Cost price, markup, margin, selling price, fixed expenses versus variable expenses and so on. All are grounded in basic math. Without that you can't do basic accounting. Without that you can't effectively run a business.
Anti-vax arguments are built on very bad math, and people bad at math fall for it.
We all use math all the time. People bad at math are at a major disadvantage. Populations bad at math are easily manipulated.