Saturday, September 24, 2011

A few random stories touching on the economy and what can and cannot be dome about it

These are intended to prepare 2302 students for this week's discussion of budgeting and the management of the economy. We'll put these in context soon enough.

- Inflation and Debt. This is a bit heavy
- Re-Targeting the Fed. This one also
- Chicago Economics on Trial.
- Hayek, Keynes and How to Prevent Economic Crises: Sylvia Nasar.
- How to Make Business Want to Invest Again.
- The Second Great Contraction.

I'll post a few more - make of them what you will. Warning for 2302s: this will include subject matter fraught with debate. Heated opinions exist regarding the proper role of legislative and executive action in the economy, how taxes are nest collected and at what level, what factors led the recent economic collapse and what ought to be done to get out of it.

The best we will be able to do is come to terms with the nature of these disputes.