Economic Thinkers

Starting with Adam Smith and The Wealth of Nations, continuing to Malthus, Ricardo, Keynes, Hayek, Friedman, Sen and others, the timeless ideas of economic thinkers provide understanding of the contemporary economy.

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    Averting Disasters

    Oct 3, 11 • 340 Views • No Comments

    Disaster spending is setting records this year. At 81, the number of tornadoes, earthquakes, snowstorms, hurricanes and wild fires is equal to the total for all of 2010 and more than each of the previous 3 years. Disaster spending almost created a disaster...  [read more]

  • U.S. Jobs and China

    Sep 30, 11 • 230 Views • No Comments

    Trading with China can be very confusing. As Chinese imports proliferated from 1990-2007, factory employment in the communities surrounding Raleigh N.C. plummeted.  According to the WSJ, the 40% dip in factory jobs led to a government spending increase...  [read more]

  • U.S. Jobs and China

    Sep 30, 11 • 252 Views • No Comments

    http://irps.ucsd.edu/assets/001/501361.pdf “The China Syndrome” The Economic Lesson  ...  [read more]

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    Moneyball Economics

    Sep 27, 11 • 824 Views • No Comments

    A wonderful baseball movie, Moneyball is also about economics. The story focuses on the Oakland Athletics, a second-tier baseball team with a small budget. A speedy runner? A homerun hitter? The stars cost many millions that Oakland just did not have. Faced...  [read more]

  • The Congress and the Fiscal Cliff

    Is Government the Solution or the Problem?

    Sep 9, 11 • 317 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]