EconProph

I'm Jim Luke. This is my economics notebook. I teach college principles of economics, along with the occasional Economic History, Comparative Econ Systems, and Econ Geography. The posts here are mostly examples/stories for my students, notes to myself, or rants to air. I try to translate economics into plain English without over-simplifying it. You're welcome to read and I hope you learn something. To comment, please click on the bubble. Please keep comments civil.

Daily Archives: July 31, 2011

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How Did U.S. Get $14 Trillion in Debt and Who Is Owed the Money?

Posted by Jim Luke — July 31, 2011

4

A great graphic from The New York Times:

Posted in Current Situation, Macro

Tagged debt, government bonds, government debt, national debt

Jul·31

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Stop SOPA

Welcome to Econproph

This my economics blog for students and others. I teach econ (mostly principles) at Lansing Community College, where I spend my time trying to translate economic theory into plain language for students and make sense of economic events. This blog is part of that effort. Everybody is welcome, not just students. For more about me, see my teaching portfolio (jimluke.com) or my eproph.com blog.

Recent Posts

  • Talking At TEDx Lansing 2012
  • Contrary to Rumors…
  • Yes, Inflation/Deflation is Hard to Measure
  • David McWilliams Explains Why Austerity Is Doomed In Europe
  • Remodeling
  • Government and the Slow Jobs “Recovery”
  • A Journey of 100 Months Starts With the First Month
  • Does Anybody Understand Debt?

Categories

Blogs I Follow

  • Against Monopoly
  • Angry Bear
  • Billy Blog – alternative economic thinking
  • Brad DeLong
  • Calculated Risk
  • Krugman
  • New Economic Perspectives
  • Oligopoly Watch
  • Steve Keen's Debt Watch

My Blogs

  • Bernie Margolis
  • Econproph
  • Eproph
  • JimLuke.com

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Tags

"Bailout" #OWS austerity banking banks corporations debt debt ceiling deficit deficits depression employment fiscal policy foreclosures fraud GDP globalization GM government bonds government budget government debt government spending Great Recession healthcare income distribution inequality inflation jobs Keynes keynesian methodology Michigan MMT mortgages OccupyWallStreet recession Social Security stimulus tax cuts taxes The Fed unemployment unions Wall St Wisconsin

Pages

  • About /Contact
  • Books – More Reading
  • Honors Colloquy Links
  • Presentations
  • Special Topics
    • Growth and Taxes

Recent Posts

  • Talking At TEDx Lansing 2012
  • Contrary to Rumors…
  • Yes, Inflation/Deflation is Hard to Measure
  • David McWilliams Explains Why Austerity Is Doomed In Europe
  • Remodeling

 

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