Another Great Depression?
From the Morganton News Herald (The Worst of Times), Mark Strazizich forecasts the probability:
"I don't think we're ever going to see another Depression," Strazicich said.
April 14, 2008
April 10, 2008
Whither Mankiw's online teaching resources?
Has any instructor other than me found that the Mankiw website is impossible to navigate? This makes the promised instructional resources impossible to find and integrate into one's course.
I'm discouraged.
April 08, 2008
ECO 2040: Exporting inflation
Asian Inflation Begins to Sting U.S. Shoppers:
The free ride for American consumers is ending. For two generations, Americans have imported goods produced ever more cheaply from a succession of low-wage countries — first Japan and Korea, then China, and now increasingly places like Vietnam and India.
But mounting inflation in the developing world, especially Asia, is threatening that arrangement, and not just in China, where rising energy and labor costs have already made exports to the United States more expensive, but in the lower-cost alternatives to China, too.
