A place for connecting economic news and theory to the practice of teaching economics
Tuesday, November 12, 2013
Graphic History of Debt
The New York Times DealBook blog has a good graphic history of debt showing how it has been around since the ancient world and how its structure has changed over time.
Saturday, November 9, 2013
Population Growth - Result of Nitrogen Fertilizer
The New Yorker has an interesting article on the development of nitrogen fertilizer and human population growth in the twentieth century.
Policy Damage - Lack of Aggregate Demand Pulling Down Potential GDP
John Cassidy in the New Yorker has a good summary of the recent Fed paper (presented at the IMF Conference) on how the week aggregate demand in the wake of the financial crisis has resulted in a weakening potential GDP. It included this graph showing the problem.
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