Why is the Unemployment Rate so High?

http://economistsview.typepad.com/economistsview/2013/01/the-unemployment-problem-is-cyclical.html

Even Liberal Economists Can Disagree

Here is a recent opinion piece from Joe Stiglitz

http://opinionator.blogs.nytimes.com/2013/01/19/inequality-is-holding-back-the-recovery/


Here is Paul Krugman's response

http://krugman.blogs.nytimes.com/2013/01/20/inequality-and-recovery/

Noahpinion: Gold, gold, GOLD!!!

Noahpinion: Gold, gold, GOLD!!!: On November 11, 2011, Zero Hedge ran a post from a site called GoldCore. The title was: " Gold Over EUR 1,300 - On Way to ‘Infinity’ on ...

Two Kinds of People?

It seems to me there are two kinds of people (gross generalization).  The first kind already knows the answer and simply looks for supporting evidence to confirm their priors.  The second has an inkling, but looks for all evidence and answers the question after weighing the body of evidence.  This might even require updating your priors.  Who do you want to be?

Does the Minimum Wage Cause Unemployment?

http://www.businessforafairminimumwage.org/news/00135/research-shows-minimum-wage-increases-do-not-cause-job-loss

Does the Model reflect Reality?

http://www.nytimes.com/1981/08/01/opinion/on-rent-controls.html

Perhaps Someone Should Tell Ron Paul

 Here are four things economists agree on almost unanimously.  I especially like the fourth one as Mr. Gold bug, himself, will be visiting us next week.

http://www.theatlantic.com/business/archive/2012/04/4-politically-controversial-issues-where-all-economists-agree/255600/

What's up with Manufacturing in the US?

Here is one man's opinion....
http://www.ft.com/intl/cms/s/0/6709cc5c-58ed-11e2-b59d-00144feab49a.html#axzz2HQ2Db8lE

What do We Know about Recessions?

I did not make it to San Diego this year, but if I had I would have attended this session.

http://delong.typepad.com/sdj/2013/01/rough-transcript-stimulus-or-stymied-the-macroeconomics-of-recessions.html

Principles of Macroeconomics

Good morning and welcome back to Lexington.  As part of our Economics 102 course we will be using this blog to conduct a conversation about macroeconomics.  Each week I will post several articles pertaining to world events and expect you (the students) to partake in one of the discussions each week. 

Your first assignment is to tell us a little about yourself - in particular - why are you taking a Principles of Macroeconomics course.

Looking forward to an enlightening and rewarding semester.

Jim