Posts Tagged ‘Alexander Hamilton’

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    Institutionalized Trust

    Jul 24, 10 • 171 Views • Economic History, Economic Thinkers, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    The production path of a pair of Levi’s stonewashed 501 jeans could have started in a Mississippi Delta cotton farm, continued with a North Carolina fabric weaver, and included the Dominican Republic and Haiti for cutting, sewing, and finishing. Then,

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    Making Macroeconomic Decisions

    Jun 30, 10 • 179 Views • Economic Debates, Economic History, Economic Thinkers, GovernmentNo Comments

    One problem with macroeconomic policy is the inability to confirm that it does or does not work. With variables constantly in motion, an entire economy as your lab, and no way to keep anything constant, how to know if you are doing the right thing?  This

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    Fashion Rules

    Jun 18, 10 • 222 Views • Economic History, RegulationNo Comments

    If Miuccia Prada sees a vintage designer jacket that she likes, she can copy it. She can even replicate it exactly and call it a Prada. Illegal? No. And yet, if Michael Lewis included a page from another writer’s book, he would be accused of violating

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    Default D

    Feb 26, 10 • 180 Views • Thinking EconomicallyNo Comments

    Seeing current concerns about the money owed by Greece, I wondered about her past record.  Until 1932, it was not good.  The first report of Greece defaulting on her debt was during the fourth century B.C.  At the time, ten Greek municipalities

  • The Debate Between Equality and Efficiency

    Feb 13, 10 • 130 Views • Thinking EconomicallyNo Comments

    Speaking about the current political climate in “The Populism Problem”, James Surowiecki, New Yorker columnist, cites our contradictions: • Solve unemployment but cut the deficit • Implement health care reform but limit government •