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.


November 10, 2007

Homework – Chapter 22

Posted in Assignments, Macroeconomics, Oil Prices at 12:27 pm by davidprudente

As I mentioned in class, there are several questions & problems I’d like you to complete for homework. You will find these on page 509: Questions for Review #’s 4, 5, 6. Problems and Applications #’s 1, 2, 3, 4, 5, 6, 7, 12.

In addition, I handed out a copy of the following article from The Boston Globe about how the rise in oil prices may effect the U.S. economy. In addition, if you’d like to read more about the current concerns regarding rising oil prices, here is an interesting article from yesterday’s New York Times.

Also, In a post from earlier this year, The Freakonomics blog asks if the rise in oil prices will make Americans skinnier. As always, the Freakonomics blog takes an unconventional approach in thinking about this problem.