Category Archives: Uncategorized

The remedy and the reality

Am I saying that’s all there is to economics? Not at all. What you have learned are some of the basics which have a direct effect on the welfare of each person in the world; basics that apply everywhere and … Continue reading

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People

The model that we have been using has just ten people. Is it realistic to keep the same number…don’t countries with large populations have special economic problems? Isn’t the number of people in a country an important consideration? It can … Continue reading

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Where are we now?

We’ve learned about production. We’ve learned about how government growth affects us. But where are we now? Where is the country today…where do we stand? Let me make a few observations and then you tell me how you feel. When … Continue reading

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What makes the world go round, go up and down?

Down through the ages money has taken many forms. It has varied from cows and beads to wives and shells to precious metals . . . and of late, to pieces of paper. In the world today we have dollars … Continue reading

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