Monthly Archives: September 2009
The Best Economics 1 Lecturer Ever
I decided to invite a young guest lecturer to my Economics 1 class to help students think about the alarming federal debt charts and the exploding debt burden on future generations. She stole the show. Here is a video of … Continue reading
Posted in Teaching Economics
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The Best Economics 1 Lecturer Ever
I decided to invite a young guest lecturer to my Economics 1 class to help students think about the alarming federal debt charts and the exploding debt burden on future generations. She stole the show. Here is a video of some excerpts. … Continue reading
Posted in Teaching Economics
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The Real Anniversary
Two weekends ago the big news was the one-year anniversary of the Lehman Brothers bankruptcy and the ensuing panic. But when you look at the data, the real one-year anniversary of the panic is closer to now. In the four … Continue reading
Posted in Financial Crisis
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Why Triple IMF Resources Now?
As the G20 Leaders travel to Pittsburgh this weekend they should reconsider their April 2 decision “to treble the resources available to the International Monetary Fund (IMF) to $750 billion.” Why? First, the IMF does not need the money: as … Continue reading
Posted in International Economics
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Alarming Debt Charts
Simple charts vividly demonstrate the immensity of the exploding debt problem now faced by the United States. The large expansion of debt in World War II looks like a small blip compared to what’s coming if we do not change … Continue reading
Posted in Budget & Debt
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The Crisis: A Failure or a Vindication of Economics?
Today was the first lecture of thirty-five or so lectures I will give this fall in Stanford’s Economics 1, the namesake of this Blog. Enrollment is way up. The financial crisis is naturally generating a great deal of interest in … Continue reading
Posted in Financial Crisis
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Is the Stimulus Working?
My recent Wall Street Journal column with John Cogan and Volker Wieland looked at the data available so far and concluded that there has been no noticeable impact. CNBC’s Steve Liesman takes the other side in a debate with me … Continue reading
Posted in Stimulus Impact
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Economics One 