Economics Questions

Re: Most cringeworthy moment in a lecture for you? Mine was

bbnet — Wed, 17 Jun 2009 22:12:29 GMT

Arguing with a keynsian eco professor who said that a 'GMAC bond is as good as gold' - he wouldn't acknowledge any of my points but I think I irked him since he never made eye contact with me for the rest of the semester and graded me a half mark below what I earned.

Wonder how his golden bond is holding up?

Re: Most cringeworthy moment in a lecture for you? Mine was

Stranger — Wed, 17 Jun 2009 18:51:05 GMT

The American economy is the most flexible economy in the world, nothing bad can happen to it.

Re: Most cringeworthy moment in a lecture for you? Mine was

malgratloprekindle — Wed, 17 Jun 2009 18:25:37 GMT

Listening to my Economics Professor telling me that the reason we need at least some inflation is becaues then nobody would be getting a raise in income (No joke).

Re: Most cringeworthy moment in a lecture for you? Mine was

Jordan — Wed, 17 Jun 2009 17:33:51 GMT

As people have more money, their average happiness starts to level off (ie diminishing marginal utility, but he didn't even call it that). This is why we can justify a progressive tax.

Re: Most cringeworthy moment in a lecture for you? Mine was

nirgrahamUK — Wed, 17 Jun 2009 16:20:01 GMT

i wonder what he would cite as 'evidence' for his case. aside from 'anecdotes' or 'appeals to authority'

Most cringeworthy moment in a lecture for you? Mine was

inquisitiveteenager — Wed, 17 Jun 2009 12:08:26 GMT

listening to a lecturer speaking for 20 minutes about how psychology causes recessions.

He said recession always happenened, always will and that the boom/bust was a part of the economy.

They always mention how rapid confidence causes the boom yet never teach what crings this sudden bout of

confidence.