How Did Economists Get It So Wrong?

What rationale does Prof. Krugman's cite for economists' in this country failure to see the oncoming recession? Which argument do you find most persuasive?

Wave of Debt Facing US Government

Read the article, then click on the Multimedia graph on the left. At the bottom are listed possible solutions: (1) raise taxes/cut services, (2) inflation, (3) default on debt, or (4) economic growth. Which of these is most palatable? Why or why not?

Developing Countries Voice Complaints About Chinese Currency

China has continued a FIXED exchange rate with the U.S. currency, while other countries have a variable (or fluctuating) rate. The official exchange rate between U.S. dollar and Renminbi yuan currently is about 1:6.8 (1 US dollar = 6.8 yuan RMB) With your knowledge of supply & demand, does this hurt or help the US currency? Why?

Fixed rates and protectionism

How do we have a stable economy without a stable currency?

Paying More For Flights Eases Guilt, Not Emissions

What concepts apply to offset programs? Should these programs be used in a free market society? Will they help?

Lump Sum vs. Per Unit Cost in 60 seconds

Can you do this?

Monopoly graph in 90 seconds

Can you do this?

Who are the unemployed?

This post contains an interactive link. Define your "group" and view the unemployment rate. (Try black, men, 15 to 24, no HS degree VS black, men, 45+, college ed) What trends do you see in the data for your own "group?"

Behind the Jobless Rate

This article contains interactive graphs. Click the numbers (1-8)on the right to view the specific graphs. What do you infer from these graphs?