May 25, 2008

A Pigovian Idea for All You Gas Hogs

Posted in Oil Prices, Taxes tagged , , , at 7:01 pm by davidprudente

In today’s New York Times, Robert Frank points out that the Invisible Hand is still hard at work and that perhaps taxes aren’t the evil some politicians make them out to be.

May 24, 2008

Looking for a Summer Job?

Posted in Unemployment at 6:36 pm by davidprudente

As the class of 2008 commences with commencement, here’s an article from the New York Times that welcomes you to the real world. To summarize, the article states that it’s the worst job market in 50 years for teenagers. See Graphic Below:

May 20, 2008

What’s Your Money Feel Like?

Posted in Uncategorized at 3:30 pm by davidprudente

Federal appeals court says Treasury Department is violating the law by keeping dollars the same size and feel.

Check out this article from CNN. Perhaps our future currency will not only look different, but feel different as well.

May 16, 2008

You Know The Economy Is Bad When…

Posted in Uncategorized tagged , at 5:30 am by davidprudente

Beer drinkers have been trading in their premium beers for economy beers as of late. In economics we’d describe this consumer behavior as trading normal goods for inferior goods. For more, check out This article from CNN.

Perhaps this information will be useful as Senior week approaches.

Good Luck Seniors!

May 15, 2008

AP Econ ’08

Posted in Test Info at 4:56 am by davidprudente

Best of luck to my students and to all the other AP Economics students worldwide who are taking the Macro and Micro exams today.