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Thursday, March 20, 2008

About Economics: Weekly Update (Vol. 6, No. 12)

About.com   Economics
In the Spotlight | More Topics |
  from Mike Moffatt
It has been an absolutely wild week, with a 75 bps Fed rate cut, stock markets bouncing all over the place and a sharp drop in commodity prices and the Canadian dollar yesterday. Will it ever slow down?

 
In the Spotlight
Fed 75 bps cut - Neither Chicken Little Nor Bagdad Bob?
The Fed votes 8-2 to cut the Federal Funds Rate from 3.00% to 2.25%.... [click on the title to read more]

 
         More Topics
Can We Ever Have Not Enough Unemployment?
I have been getting a number of e-mails lately from readers who are worried that with the current economic conditions we will see a rise in the unemployment rate. In particular, they are worried they will see a rise in their family's unemployment rate - from 0 to 100%... [click on the title to read more]

 
Does Parecon Lead to a Lack of Specialization?
A reader takes issue with my article The Insanity of Parecon and the Importance of Efficiency of Specialization; one of the points raised is as follows... "This kind of 'learning-by-doing' is severly curtailed under Parecon, because while one day I might be building a birdhouse, the next day I'll be digging a ditch, and the day after I'll be running a nuclear power plant." This is not true. [click on the title to learn more]

 
 
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