Clik here to view.
Can you say, “paranoia”?
Promotional Fax Mistaken for Bomb Threat – washingtonpost.com I don’t know, but I would say the American people are a little on edge these days. What does it say about our society when a paranoid bank...
View ArticleDoom and gloom in the headlines as US economy teters on edge of recession…
Judging by today’s headlines, things aren’t looking too hot for the US economy: Job losses, unemployment both worse than forecast – Apr. 4, 2008 Dollar slips against euro, yen on jobs – Apr. 4, 2008...
View ArticleClik here to view.
A must read for AP Macro teachers: Paul Krugman explains why deficit spending...
Liquidity preference, loanable funds, and Niall Ferguson (wonkish) – Paul Krugman Blog – NYTimes.com Below is the loanable funds market at its current equilibrium, according to Krugman (I is investment...
View ArticleClik here to view.
Jobless Growth? How could this be?
Economic Growth Yet to Hit Job Market – washingtonpost.com In AP and IB Economics, we understand the importance of macroeconomics to policymakers, whose primary macroeconomic goal is growth. Economic...
View ArticleClik here to view.
Sample IB Economics Internal Assessment Commentary – Understanding the ECB’s...
Once again, my IB Economics students are working on yet another Internal Assessment Commentary, this time on syllabus section 3, Macroeconomics. Since they found my sample Microeconomics commentary so...
View ArticleClik here to view.
Deflation: why lower prices spell doom for any economy!
The Fed should focus on deflation | The greater of two evils | The Economist Deflation: a decrease in the general price level of goods and services of an economy. Sounds great, right? Lower prices mean...
View ArticleClik here to view.
A closer look at the crowding-out effect
To spend or not to spend. That is the question. In order to determine whether or not a government should increase its budget deficit in order to stimulate economic activity in its economy, it is...
View Article