I know this is serious stuff and it shouldn’t cause me to snort. But it does. I loved this dual question:
What is the European Union, and how does it function?
Not quite as good is:
What is the function of the Federal Reserve?
The link is from Ezra Klein. Bear Stearns, Ireland, Georgia, and Denmark are invited to submit their answers as well. How about Lehman Brothers and Turkey?
Addendum: On this list, questions #2, 4, 6 and 17 bear some pondering too. Nor is #3 as simple as many people think.