macroeconomics

December 5, 2013

Colleges are teaching economics backwards

…here’s one temporary fix for introductory economics: teach it backwards. Reversing the order in which introductory economic classes are taught today might be the easiest way to respond to the crisis in undergraduate education. Plus, the history of how it… Continue reading
December 21, 2012

There is no fiscal crisis. And macroeconomics is not a morality play.

Nice overview of how things stand vis. the “fiscal cliff.” The Puritanism that surrounds how most people talk about debt–esp. government debt–really irritates and shows the lasting influence of Christian dogmatism on our sociocultural situation. Sometimes I cannot tell if… Continue reading