Why Capitalism Fails (Allegedly)

Is our system of modern finance a stabilizing force in the economy or merely a pipe dream that gives us a chimerical sense of security and control? Hyman Minsky thought the latter.

Recession = over?

To kick off the new semester/year...

Let's check out Ben Bernanke's claims that the recession is over!

What I find more interesting in the link than the article itself is the reaction by the readers at the bottom. So much for optimism... or are they just being realistic?

Meanwhile, I found this to be quite amusing. Put aside all the political ramifications this move might have; I guess we're all taking the "American-made" thing too seriously, eh?

And we're back!

Welcome back to the EA blog!

We're planning to make this an important forum for the discussion of all things economics-related, so we're giving out some incentives!

We'll be rewarding the best blog posts (200 words or less) on a regular basis throughout the year, and our first deadline is October 4 at midnight. The author of the best blog post will receive a $10 gift certificate to the BC bookstore.

We're looking for informative and interesting (and entertaining) posts that contain useful updates and current economic events, links to insightful articles and opinion pieces, and, most importantly, your own thoughts.

See you all on Monday for our first General Meeting!