The decline of music piracy holds lessons for other industries

Check out this article on the decline of music piracy. When napster first came out it was all the rage. Now there seem to be other legal alternatives to illegal file sharing of music. In your opinion are more people turning to legal means, or is illegal downloading of music still commonplace?

Fed Chairman Game

Check out this game created by the Federal Reserve. It deals with exactly what we are studying right now, monetary policy. The game puts you in the position of the Fed Chairman, and you must manipulate interest rates in order to balance unemployment and inflation. Click on the learn more button before playing. Investigate the Fed Toolkit and the other items in the help section. After this play the game. Give me a short summary of your strategy and how it went.

Who Won the Recession? McDonalds.

Check out this interesting article about how McDonald's sales actually increased during the recession. How can this be? Aren't we all about eating healthy? Didn't we all watch "Supersize Me"? Feel free to share your own McDonald's experiences. Are you a closet "Big Mac junkie"?Can you think of any other businesses that did well as consumers stopped spending?