Disincentives…Another Update

Disincentives…Another Update

Economic History Blog: Dorothy, the Wizard and the "Silver" Slippers

Economic History Blog: Dorothy, the Wizard and the "Silver" Slippers: Okay, so Hollywood takes a little license in it's productions--nothing new there. As we discussed in class, the slippers were silver in the...

US in Second Place?

Charles Kenny, writing for Business Week Magazine suggests that China's GDP "catch-up" growth in recent years is not necessarily all bad news for the United States. 

http://www.businessweek.com/magazine/china-vs-the-us-the-case-for-second-place-10132011.html?chan=magazine+channel_opening+remarks

More Washington Control over the Fed?

In Forbes Magazine's Current Events section, economic historian Amity Schlaes discusses Congressman Barney Frank's attempt to include all regional Fed presidents as Washington appointments.  Currently they are chosen independently by their regional bank boards.  Do we need more Washington oversight, or is this just another power grab by Frank?

http://www.forbes.com/forbes/2011/1024/opinions-amity-shlaes-current-events-policy-financial.html

Well Worth Reading!

Too often in economics we focus on the negative, or what's wrong with our economy.  In his latest issue of The Tea Leaf, local economist Jeff Thredgold presents his semi-annual "Happy Talk", the good news we sometimes ignore.

http://www.thredgold.com/tealeaf/111004.pdf

Is Wall Street to Blame?

Protesters descend on Wall Street claiming "corporate fat cats"  responsible for bad economy.  See this article from the Associated Press.
Do you agree, and is the the proper forum for protest?

http://xfinity.comcast.net/articles/news-national/20111001/US.Wall.Street.Protest/?cid=hero_media