Last Question: Congressional Vote

Today, it was announced that Republicans are blocking the extension of additional benefits to those unemployed beyond the original 99 week extension. Citing concerns about the 13.8 trillion dollar debt, lawmakers suggested benefits could be helpful but should be paid for by cuts elsewhere. Ok, you are the Congress: how do you vote and why? Can you make use of our recent concepts regarding AD, velocity, fiscal policy, and budget deficits to support your position?

Week of 11/15

Your textbook authors suggested in the BIG 10 ideas of economics that Central Banking is hard. After this week's review, do you agree with your authors that the Fed does more good than harm? Why or why not?

Week of November 8th

Grab a headline from a semi-reliable news source and post it hear on the blog. We want to examine the (potential) impact of local, national, and international events within our AD/AS Dyanmic Model on Wednesday.

October 27 Question

Which is the bigger challenge: high unemployment (8% or more) or high inflation? Why?

Week 5 Conversation

Do you think innovations and "ideas" will develop more rapidly through collaboration or competition? Why?

Week 4 Conversation

We reviewed the WIRED interview regarding technological innovation and we are studying the Solow Growth model. What do you think will be the next big idea or innovation that changes the world? What do you wish it would be?

Week 3 Conversation

Any suggestions for a better measure of progress and economic growth than GDP? What do you suggest and why?

Week 2 Conversation

Which law do you think is more powerful: the law of demand or the law of supply? Why?

New Chair Announced

Austan Goolsbee is the next CEA Chair. Read about him here.

Week 1 Conversation

Care to gain a little perspective on the recession? Departing Chair of the President's Council of Economic Advisors, Christina Romer gave these remarks to the National Press Club last week. Review Dr. Romer's speech and respond to the following:

1. Do you think the government did too little or too much to counteract the recession?

Welcome

This is a space for conversation about ideas.

It is designed to encourage and facilitate learning.

Weekly topics, questions, quotes and/or articles will be posted here. Conversations will take place (primarily) in comments, but will most likely spill over into classrooms, cars, texts, coffee houses, bars, residence halls...wherever it is we all find ourselves.

Please note this is a shared space with several groups of students (some macro, some micro, some economics of sport).

Allons-nous!