Honors Colloquy Links

Unemployment Chart GDP Chart Social Security Presentation Government Debt and Deficit Presentation Posts: Income Inequality Does Matter And It Makes Us Worse Off includes Wilkinson TED talk Update on Current Situation – October Jobs Report and 3rd Qtr GDP  - two graphs unemployment graph Student Loans and the Building Crisis - graph on increase in student loan debt … Continue reading Honors Colloquy Links

Brief History of Macroeconomics and The Origins of Freshwater vs. Saltwater Economics

I and others, particularly Paul Krugman, occasionally make reference to "freshwater" vs. "saltwater" economics.  Here's a little background to explain the terms and, I hope, shed a little light on current disputes in macroeconomic theory. First, let's go back in time.  The stuff that economists study, namely the economy, economic behavior, and markets, really emerged as it's … Continue reading Brief History of Macroeconomics and The Origins of Freshwater vs. Saltwater Economics