Time magazine’s front cover proposed the idea of a “New Frugality” in the United States. Time has also talked about…
This blog refers back to one I asked of my students last Spring when the first stimulus package was passed…
Paul Krugman recently wrote about his support for the nationalization of banks amid growing support of the idea. Nouriel Roubini,…
This blog asks you to think about how prices are reached and what, if anything can be done with prices.…
There has been a great deal of commentary in the media about economics this semester, with good cause… I’ve brought…
We have been discussing labor and output in class along with savings and investment behavior. One of the many headlines…
We are discussing GDP and its components in class. Given that a vast portion of GDP is consumption, I would…
We have seen an unprecedented increase in oil prices which has affected not only the U.S. economy but other economies…
Recently, much has been said of an impending recession and what the government or monetary authorities should do to combat…
Inflation in the U.S. has now become the number one concern for Americans according to a recent CNN poll. The…