Tuesday, February 18, 2014
Tom Perkins: People With More Money Should Get More Votes
http://www.huffingtonpost.com/2014/02/14/tom-perkins-votes_n_4788086.html. DUE 24 Feb 2014. Read BOTH articles....Krugman and Perkins. Discuss the questions listed under the Krugman article.
Paul Krugman: Inequality, Dignity and Freedom
http://www.opednews.com/Quicklink/Paul-Krugman-Inequality--in-Best_Web_OpEds-Equal_Inequality_Paul-Krugman_Workers-140214-773.html. DUE 24 Feb 2014. Read BOTH articles....(Paul Krugman and Tom Perkins) What is a Plutocrat? Discuss the argument presented by Krugman and Perkins by illustrating the plight of the Plutocrat. Does Perkins have a point? Do you believe that people with more money should get more votes?? How does Krugman contradict the point made by Perkins?
Thursday, February 6, 2014
New Fed Study on Jobs Crisis is Extremely Misleading
http://www.huffingtonpost.com/2014/02/04/new-york-fed-labor-market_n_4723769.html?ir=Business. Due 10 Feb 2014. Who is to blame for the jobs crisis? Analyze the graphs in the article and describe their information. Why are more people working past retirement?
Monday, January 27, 2014
dy Debunks Classic Argument About Low-Wage Workers
http://www.huffingtonpost.com/2014/01/24/low-wage-workers-education_n_4653020.html Due 3 February 2014. What does the graph show us about education and low-wage jobs? Evaluate the graph using cost-benefit analysis---does it pay to get an education? What are the back end costs of NOT getting an education??
Thursday, January 23, 2014
World's 85 Richest Have Same Wealth as Bottom 50 Percent
http://america.aljazeera.com/articles/2014/1/20/world-s-85-richesthavesamewealthasbottom50percentreport.html. Due 27 Jan 2014. What are the backend costs of having so much wealth in the hands of so few?? Mention at least 3 backend costs.
Tuesday, January 14, 2014
Home> Politics Feds Investigating Christie's Use of Sandy Relief Funds
http://abcnews.go.com/Politics/feds-investigating-christies-sandy-relief-funds/story?id=21511567. Due 20 Dec 2014. Do you believe Gov. Chris Christie knew about the lane closures his staff initiated that caused the traffic jams at the George Washington bridge? Do you believe that Gov. Christie should be impeached? Do you believe Gov. Christie spent Hurricane Sandy relief inappropriately? Predict how big an impact these stories will have on the Christie's campaign for President in 2016.
Tuesday, January 7, 2014
Extended unemployment benefits slow growth, hoax on working poor
http://www.foxnews.com/opinion/2014/01/06/extended-unemployment-benefits-slow-growth-hoax-on-working-poor/ Due 13 Jan 2014. What is the rationale of conservative economists for NOT extending unemployment benefits to 1.3 million Americans?? What are the backend costs of such a policy??
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....
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