Posts Tagged ‘macroeconomics’

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    Post Hoc Ergo Propter Hoc?

    Jul 16, 10 • 198 Views • No Comments

    Ed Koch, former mayor of NYC used to ask, “How am I doing?” We can ask the same question about economic stimulus spending. By going to recovery.gov, you will see that there were 682,370 new recipient reported jobs between January 1 and March 31,...  [read more]

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    Making Macroeconomic Decisions

    Jun 30, 10 • 227 Views • No 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...  [read more]