Economic Debates

Most economic decisions can be debated. We have to decide whether we want higher or lower taxes, where to cut government spending, whether the deficit matters, if a business should have more regulation, if marginal analysis should affect environmental regulation. Learning about economics involves defending policy alternatives.

  • 16618_3.9_000008354384XSmall

    A Tale of Two Euro Zone Countries

    Sep 14, 11 • 247 Views • No Comments

    Saying, “It is a small step for the euro zone and a big step for Estonia…” the Estonian prime minister celebrated his country’s formal entry into the Western economic world. On January 1, 2011, Estonia switched from the kroon to the...  [read more]

  • 16613_8.26_000005651286XSmall

    Too Safe?

    Sep 13, 11 • 248 Views • No Comments

    Assume for a moment that you have to decide whether to install body scanners at every airport in the U.S. Knowing a decision to proceed will make everyone safer, you say, “Yes.” But, what if you first were told that there was a 1 in 3.5 million...  [read more]

  • The Congress and the Fiscal Cliff

    Is Government the Solution or the Problem?

    Sep 9, 11 • 252 Views • No Comments

    Maybe everyone got something from President Obama’s jobs plan. According to the Washington Post’s Ezra Klein, the “right” got tax cuts, the “left” got help for the unemployed and infrastructure spending, and everyone will...  [read more]

  • 16602_2.14_000007210772XSmall

    Environmental Dilemmas

    Sep 8, 11 • 254 Views • 1 Comment

    The environment or employment? Smart meters: Environmentally superior, they automatically transmit data about electricity usage. As a result, we can better manage our demand for energy. The tradeoff? Even including smart meter R & D, IT services,...  [read more]

  • happy...humor...16598_7.6_000012689719XSmall

    Economic Humor

    Sep 7, 11 • 816 Views • 1 Comment

    For laughter and economic insight, the following are wonderful. A Cartoon: From gocomics.com, a very hypothetical illustration of “The First Economist.” A Daily Show Excerpt: Treasury Secretary Tim Geithner’s problems with selling his house....  [read more]