And Here is the Entry

It is a big deal with the national government begins to solve a problem the economy faces. Pres. Bush's father lost his election because he failed to recognize the looming economic crisis...clearly Bush II has learn an important lesson...

http://www.cnn.com/2008/POLITICS/01/18/bush.economy/index.html

BTW...I went to the grocery store to buy stuff for salad and dessert for a family dinner tonight. While I was there I picked up some spices to bring home...not to many and a bottle of wine to go with our BBQ (asado :). $79.00 later...I am still in shock and glad I never go the grocery store in the states! I will complain just a little less about the prices when I get back to Buenos Aires.

Can't wait to see you all (not really, I was just saying that to be nice :) Enjoy the last two weeks!

Would You Care for an Appetizer?

Thank Emilie for this little snack of economics news! As we near the end of microeconomics and begin to look forward to macroeconomics next sememter I think this article Emilie brought in is the perfect warm up for so much of what we will cover next semester. And though no one wants to see the economy take a nose dive, I am sure we will see that we have a lot to talk about and watch next semester as we begin to explore of the important macroeconomics issues.

When you read this article think about what you see as the single most important piece of information. Why do you see this as being so significant?

http://www.nytimes.com/2007/11/25/weekinreview/25goodman.html?_r=1&oref=slogin

Thanks for a great semester and never fear...I may just blog over the break! I really do think you should make my blog your homepage :) Hopefully I will come back from vacation with some rich insights on Asian economies! Have a wonderful vacation and see you in February.

Black Friday Arrives

And what does it all mean...

http://www.nytimes.com/2007/11/23/business/shopWEB.html?_r=1&hp&oref=slogin

Happy day after Turkey Day...so far I have yet to see a whale...huge windstorm here and I may never see the whales :(

Can Turkeys Predict the Economic Future?

As we near Turkey Day...I thought it only fitting to do a Turkey Day blog. I don't know if you have been paying attention to the predictions about the US economy lately, the Fed has predicted we will see a downturn in 2008. But I thought perhaps the proof is in the Turkey dinner...

http://www.cnn.com/video/#/video/us/2007/11/20/hunter.turkey.day.costs.cnn

This should get us started thinking and talking about macroeconomics...because after Turkey Day...it just might be all doom and gloom.

Have a great vacation! Gobble, Gobble!

BTW, extra-credit for whoever finds the video of Pres. Bush pardoning a turkey, just another quaint/bizarre? tradition we have for Thanksgiving. This year there were two lucky birds...one named May the other...Flower!

Ooohhhh....Collusion in Baseball???

Given how much Alex Rodriguez wants to play baseball for the next 10 years...it may not be a bad idea! I say collude away :)

http://www.time.com/time/nation/article/0,8599,1683340,00.html

How in the world can we justify paying people this kind of money? Ooohhh...think factor markets as well!