Monday, Oct 19

To review how money is created, you can read these blog posts. Please write your homework summary of Krugman's chapter 7 for Monday.  It is a great chapter.
You can use a 3X5 card with notes on both sides for the exam.  If you want another blank card, stop by my office. I have posted some of the past handouts on Jenzabar.  I'll bring more review material to class on Wednesday.

For Monday, October 12

Please read the blog posts about the gold standard.  The first post has some questions to think about in your reading. You should also continue reading Krugman.  Your next homework is now due Wednesday.

For Friday, Oct 9

Begin reading Krugman chapter 6 and you will turn in writing about it on Monday.  For Friday, answer two short questions about the previous reading (How Did Economists Get It So Wrong?) and turn them in for homework credit:
1. What is the difference between saltwater and freshwater economists?
2. What does Krugman think is wrong with Macroeconomics?
You can answer each with only a short paragraph.

For Wednesday, Oct 7

For Wednesday, Oct 7, read Krugman's recent article online about How Did Economists Get It So Wrong?
This article sparked a firestorm of commentary across the academic economics blogosphere in the past month and dozens of economists have been writing about it. Mark Thoma made an extensive partial list of internet links that developed in the first couple weeks, but the controversy continues.