Sunday, March 24, 2013

Keynes vs. Hayek: The Debate Continues



Read the article and decide which famous Economist you most identify with. Then watch the two youtube videos at:
Fear the Boom and Bust:http://www.youtube.com/watch?v=d0nERTFo-Sk

and Part II of the Epic Battle at:
Fight of the Century: http://www.youtube.com/watch?v=GTQnarzmTOc

Identify at least 3 points from either Economist that you agree with. List the point and the video that it came from. Don't copy your classmates responses.

Monday, March 18, 2013

Consumer Price Index

The Consumer Price Index is perhaps the most popular of the many price indices calculated by the federal government. It is used to determine Social Security benefits, Cost of Living Adjustments, and the amount of certain taxes that are paid. The Federal Reserve Bank of Cleveland has a neat educational tool known as the
"drawing board" on their website. Watch the following video and in your post you must do two things.
1) Come up with a legitimate higher order thinking question over material covered in the video.
2) Provide an answer to someone else's question that they posted. (In your answer be sure to list whose question it is you are answering.)


My Question #1 "What makes the Median CPI a better indicator of inflation trends than the CPI? "
Consumer Price Index

Sunday, March 03, 2013

Does Apple Stand a Chance?


I came across this article from 3 years ago that didn't give Apple much of a chance with their new iPhone. Read the article and answer the 4 questions at the end of it. Then tell me why you think that Apple was a success with the iPhone.