Go To ↓ Navigation & Information Other Information

Monthly Archives: July 2008

Here is an article from Politico about Bush’s Energy Policy press conference Monday, July 14th.   The editors of Politico who penned the headline have it all turned around.   What Bush said was that the American public is already conserving, and that is what the market does–high prices tell consumers to conserve.   Bush […]

For any of you who recall the original nanny movie “Mary Poppins,” you should recall the part of the movie where the little boy of the house goes to his father’s place of employment, an old British bank, and deposits his money, a twopence coin, at his father’s suggestion. But, when the little boy wants […]

In class, one point that I wanted to make on the last day I forgot to make.  Here is the theory framing the point.  As a worker’s wage rises, the substitution effect of the higher wage, a higher opportunity cost of not working at a market job (as opposed to a job in the home, or even […]

Go To ↑ Top