Sunday, September 19, 2010

Trade-offs and Opportunity Costs in Macro

Okay, I'm almost a week behind on my posting. It has not been a good week - too many fires to put out and not enough firemen. But there is one item I definitely want to draw to your attention. It was from last Tuesday's edition of The Wall Street Journal.

The article talks to the issue of entitlements in the budget and asks how an "entitlement" society can hope to bring the federal budget under control. The video and interactive graphics are also interesting. If you teach fiscal policy in AP or in a more traditional survey course (or even in American Government) you will want to check this out.

And please share your thoughts. Are there additional resources you would recommend to bring into the discussion?

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