Unintended Consequences

http://www.newyorker.com/online/blogs/johncassidy/2013/02/uk-shows-how-austerity-policies-lead-to-more-borrowing-and-debt.html

How did this happen?  You should have a model in mind to help you understand why this happened.

From your Textbook Author..

http://www.nytimes.com/2013/02/08/opinion/krugman-kick-that-can.html?_r=0

Professor Krugman does a nice job of pointing out the contextual reality of fiscal policy.

What happened in the 4th quarter?

Not last night during the Super Bowl, but the last 3 months of 2012.

http://economistsview.typepad.com/economistsview/2013/01/kudlow-celebrates-negative-growth.html

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?