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Thursday, March 27, 2008

About Economics: Weekly Update (Vol. 6, No. 13)

About.com   Economics
In the Spotlight | More Topics |
  from Mike Moffatt
A relatively quiet week all things considered - we didn't have any 75 basis point cuts in the Federal Funds rate, for one thing. Yet there was still a great deal to talk about...

 
In the Spotlight
GMU Civil War on Why People Go to College
Alternative titles: Why I don't understand academic economists or Why some people think economics is autistic... Tyler Kling believes the major value of a college education is in the skills it provides you:

 
         More Topics
Do Carbon Taxes Only Work if We Don't Spend the Money?
In today's New York Times: On Carbon, Tax and Don't Spend. This caught my eye...

 
Rising Commodity Prices And Negative Real Interest Rates
I would have guessed that the major driver of lower commodity prices (when priced in U.S. dollars) is the sinking greenback. Note the use of the word major - because there are so many interrelated factors in the economy the problems of spurious relationships and confounding variables are ubiquitous. James Hamilton argues that we need to consider the role negative real interest rates are playing...

 
 
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