Wednesday, December 11, 2013
Wall Street About To Be Hit With A Rule It Hates, Thanks To JPMorgan
http://www.huffingtonpost.com/2013/12/05/volcker-rule-jpmorgan_n_4391024.html Due 16 Dec 2013. What is the Volcker Rule? What is portfolio hedging? Should banks be allowed to hedge their portfolios?? Why or why not??
Tuesday, December 3, 2013
A Permanent Slump?
http://www.nytimes.com/2013/11/18/opinion/krugman-a-permanent-slump.html?_r=0 Due 9 December 2013. What are the reasons we may have a permanent slump, according to Krugman? What are his comments about Larry Summers' view of the economy?
The U.S. Health Care System is Terrible, In 1 Enraging Chart
http://www.aufamily.com/forums/topic/135092-the-us-health-care-system-is-terrible-in-1-enraging-chart/ Due 9 December 2013. Read the graph and discuss the implications of our current health care system. Is it a big deal?? What solutions would you suggest to fix our health care system? Is health care a "right" in the U.S. Constitution?? Should the government be involved in fixing the health care system?
Monday, November 18, 2013
Janet Yellen Shames Congress For Austerity, Being Terrible
http://www.huffingtonpost.com/2013/11/14/janet-yellen-congress_n_4275572.html Due 25 November 2013 at 6am. Who is Janet Yellen?? Why does she contend that "belt tightening" is bad?? What does she think Congress SHOULD do?? What is austerity and why does it cause the FED to react in ways differently than the status quo?
Elizabeth Warren Slams Regulators for Keeping Banks "Too Big to Fail"
http://www.motherjones.com/politics/2013/11/elizabeth-warren-dodd-frank-too-big-fail-speech-regulators. Due 25 November 2013 at 6am. What is "Too Big To Fail?" Why is Elizabeth Warren concerned about it? How does she propose reducing the size of banks? What do YOU think should be done??
Tuesday, November 12, 2013
In Washington State, Home of Highest Minimum Wage, a City Aims Higher
http://www.nytimes.com/2013/10/14/us/in-washington-state-home-of-highest-minimum-wage-a-city-aims-higher.html?_r=0 Due 18 November 2013 at 6am. Cite the pros and cons of a higher minimum wage, according to basic economic theory: Where will people WANT to work? Why? Where will people FIND work? Why? What will happen to the businesses within Sea Tac? (be sure to look at the geography of Sea Tac) What will happen to prices? On the other hand, what will happen to the economics of people who DO find work in Sea Tac?
Billionaires Received Millions From Taxpayer Farm Subsidies: Analysis
http://www.huffingtonpost.com/2013/11/07/farm-subsidies-billionaires_n_4232739.html Due 18 November 2013 at 6am. Why do billionaires get into the farming business? Do they really NEED the subsidies? If we disallow subsidies to all farmers, what will happen to the food supply?? WHY?? (look at the supply curve and discuss incentives--also consider weather)
Monday, November 4, 2013
Marijuana Market Poised To Grow Faster Than Smartphones: Report
http://www.huffingtonpost.com/2013/11/04/marijuana-market_n_4209874.html. Due 11 Nov 2013. What are the economics implications of a growing marijuana market. Include comments on: federal tax revenue, law enforcement employment, reduction of price, prison costs, and blackmarkets......
Monday, October 21, 2013
Jamie Dimon Complains More, As JPMorgan Chase Losses Eclipse $30 Billion
http://www.huffingtonpost.com/mark-gongloff/jamie-dimon-jpmorgan-chase_b_1533126.html. Due 28 Oct 2013. What did JPMorgan do wrong? How much are their current calculated losses and how big of a fine will they have to pay? What is the Volcker Rule and do you think it is a good idea?? How much government control is necessary in a free market economy?
Friday, October 11, 2013
JP Morgan Chase Sells Off All Short-Term Government Debt
http://www.huffingtonpost.com/2013/10/10/jpmorgan-chase-government-debt-sells_n_4080996.html. DUE 21 OCT 2013. Why do banks invest in US bonds in the first place?? Why are the banks selling off their bonds?? What does the impending debt ceiling have to do with selling off the bonds?? Is the US Economy in trouble?
Tuesday, October 8, 2013
The Government Shutdown Trickle-Down
http://www.huffingtonpost.com/2013/10/07/government-shutdown-effects_n_4060926.html. Due 14 Oct 2013. What do you think about this partial list?? Can we do without all the items on this list?? Should we make the list permanent?? Name 3 items on this list that you would NOT cut.....
Monday, September 30, 2013
The Growing Burden of College Fees
http://www.propublica.org/article/course-load-the-growing-burden-of-college-fees. Due 7 Oct 2013. What are the causes of fee increases?? What are the back end opportunity costs of not having an affordable university system??
Tuesday, September 24, 2013
How a Shutdown could affect the economy
http://money.cnn.com/2013/09/23/news/economy/shutdown-economy/index.html?iid=SF_E_River. Due 30 Sep 2013. Discuss economic costs of an government shutdown....
Friday, September 13, 2013
Welcome to the new Gilded Age
http://maddowblog.msnbc.com/_news/2013/09/12/20458133-welcome-to-the-new-gilded-age?lite Due 23 Sep 2013. What are the repercussions of having income inequality at these levels? What policy changes would you suggest??
Pay Gap Between 1 Percent And Everybody Else Reaches Widest Point Since 1920s
http://www.huffingtonpost.com/2013/09/10/pay-gap-between-1-percent_n_3900373.html Due 23 Sep 2013. Analyze the chart. What are your impressions of the policy results for each President? Who was most successful; who was not? What events hindered their progress or their lack thereof??
Friday, September 6, 2013
Love for Labor Lost
http://www.nytimes.com/2013/09/02/opinion/krugman-love-for-labor-lost.html. Due 16 Sep 2013. Do the people in the US respect those who labor?? Does the Congress respect laborers, according to Krugman?? What is Krugman's rationale for this problem? Why has "Labor Day" lost it's original meaning?
Tuesday, September 3, 2013
China Calls for New Global Currency
http://abcnews.go.com/Business/story?id=7168919&page=1 Due 6 Sep 2013. What are the United States and the European nations against the new initiative for revamping the world economy?? What is China proposing for the new system? Why is China proposing this new system?
Monday, August 26, 2013
Ballmer Bows Out
http://www.economist.com/blogs/schumpeter/2013/08/microsoft-0. Due 6 Sep 2013. Who is Steve Ballmer? How will his resignation as CEO impact Microsoft? What is the market cap for Microsoft and how does that compare with other corporations?
Tuesday, May 7, 2013
Austerity Has Cost the US 2.2 million Jobs: Study Says
http://www.huffingtonpost.com/2013/05/06/austerity-jobs_n_3224762.html?utm_hp_ref=tw. Due 18 May 2013. Read it and weep!!
Wednesday, May 1, 2013
Vermont Exercising Option to Balance the Budget
http://www.nytimes.com/2011/04/24/us/24vermont.html. Due 10 May 2013. What reason does the Governor give for NOT balancing the budget in Vermont? Is this a good idea or not??
Friday, April 26, 2013
Former Bush Advisor on Austerity
http://huff.to/15Mzfn2. Due 29 April 2013. What policies did Mankiw recommend that are now under great scrutiny? What are his excuses? What policies would YOU recommend to solve the problem?
Austerity Calamity
[ http://huff.to/13wUzt1 ]http://huff.to/13wUzt1 Due 29 April 2013. What is wrong with the strategy demonstrated in the austerity process that conflicts with basic fiscal and monetary policies? How would you correct the problem?
Tuesday, April 9, 2013
Weak Job gains hurt economic outlook
http://www.reuters.com/article/2013/04/05/us-usa-economy-jobless-idUSBRE9330HH20130405. Due 15 April 2013. What does this author blame for the weak economic outlook? Aside from the arguments made in this article, what do YOU see as a major problem in the current economy?
Monday, April 1, 2013
David Stockman: We've Been Lied To, Robbed, and Misled
http://www.theburningplatform.com/?p=51922
Due 8 April 2013. (David Stockman is an Michigan State Univ graduate!!!!) Notice that all these articles refer back to the problems in 1907--when we did not have a Federal Reserve system. How does the 1907 solution compare to the solutions the FED is offering today? Why has Nixon's (Tricky Dick) move in 1971 to close the gold window put us even further in debt? Why does Stockman claim we have been lied to, robbed and misled?
Monday, March 11, 2013
The Sequester that Saved the Economy
http://www.forbes.com/sites/briandomitrovic/2013/03/05/the-sequester-that-saved-the-economy/ Due 18 March 2013. What is the author's point as to why this sequester will save the economy? In his opinion, does Keynesian economics work?? What will work to stabilize the economy?
Friday, February 22, 2013
Rick Scott Agrees To Expand Medicaid Program in Florida
http://www.huffingtonpost.com/2013/02/20/rick-scott-medicaid_n_2728187.html,,,,,,Due 25 Feb 2013. Separate politics from economics...... What will this program do for the people of Florida? Will it improve our human condition or break the bank? You're paying for it---what do you think?? Is it worth the opportunity cost??
Friday, February 8, 2013
CBO Paints Rosier Economic Picture for 2013
http://www.usnews.com/news/articles/2013/02/05/cbo-paints-rosier-economic-picture-for-2013. Due 11 February 2013. Discuss 2 positive and 2 negative predictions regarding the economy in 2013.
Monday, January 14, 2013
9 Facts That Prove Joe Stiglitz Is Right About Climate Change Hurting The Economy
http://www.huffingtonpost.com/2013/01/08/joe-stiglitz-climate-change-economy_n_2432744.html Due 22 Jan 2013. What do these projected costs mean to you and your family??
Tuesday, January 8, 2013
FICA's Bite: Wages Subject to Social Security Tax to Increase in 2013
http://www.shrm.org/hrdisciplines/compensation/Articles/Pages/FICA-Social-Security-Tax-2013.aspx DUE 22 January 2013. Should social security taxes have stayed at 4% or raised up to 6.2%??? Should wealthier Americans have the right to collect social security when they retire??
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