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  2. Explain the “Flatten the Curve” chart and The Economic Implications of the Corona Virus.

    There are two thought cases here. How does flattening the curve through social distancing help stop the spread of the corona virus and what are the repercussions - economically- of flattening the curve.

    1 vote
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    1 vote
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    1 vote
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  5. 1 vote
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    4 comments  ·  Flag idea as inappropriate…  ·  Admin →

    Great question! I’d start with this section in Principles of Macro:

    https://mru.org/courses/principles-economics-macroeconomics/gdp-per-capita-purchasing-power-parity-example

    Then if you want to go deeper, I’d suggest diving into development economics. We have a our course here:
    https://mru.org/courses/development-economics

    There are also a lot of good books on the subject. You’ll see some of the featured at the beginning of the puzzle of growth video in Macro.

  6. The problem of brain drain. Is it actually a problem or is it beneficial ?

    Most often, we hear that brain drain is causing some serious damage to the accumulation of human capital for the developing economies. Every accomplished person leaves his homeland to get higher returns from abroad leaving vaccum for a learned and precious human resource.

    1 vote
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    1 vote
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  8. 1 vote
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  9. 1 vote
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  10. To what extent is Protectionism beneficial to local and global economies?

    There are a lot of arguments for and against (mainly against) protectionism, but on what scale is protectionism good or bad for different economies?

    19 votes
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  11. Richard Thaler

    Nudge and or Behavioral models vs. Rational models.
    Many of my students question or fight the basis of all standard economics.

    4 votes
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  12. 1 vote
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  13. 7 votes
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  14. Is income inequality in this country bad?

    If so, should government get involved in equalizing income?

    4 votes
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  15. Are monopolies based on free trade bad for consumers?

    Ive been looking into Rockefellers life and what he did with standard oil. His process of helping the Railroads, Barrel makers, pipelines and shippers lead to drastically lower prices for Karosene. So what i want to know is are monopolies really bad for consumers if the marked is open and free? Or, is the label of a monopoly a boogie man used by the government to limit real competition?

    9 votes
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  16. Would we be better off with more "Open" immigration?

    Should the United states as a rule push for more closed borders where people cant come in to find work? Or, are we better off with an open system where by people can enter the country and find a job.

    324 votes
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  17. How do minimum wage laws help the least productive in our economy?

    This is a timely subject, in need of economic education.

    234 votes
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  18. Trade and Prosperity

    Should we be worried that technology is destroying jobs?

    4 votes
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  19. Please explain the broken window fallacy and how it can be used to explain the hidden costs of price fixing, minimum wages, and inflation.

    I think it is a good idea to remind people to look beyond the impact of those immediately affected by a specific government policy. It is easy to see employment in an industry that is protected by tariffs. However, it is not easy to see how that impacts job creation in other industries, government revenues, wages, productivity, and standards of living (for instance).

    175 votes
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  20. How do intellectual property laws affect the economy?

    I've been reading a lot of news about copyright and patent laws with respect to technology. In what ways has intellectual property laws affected the economy and what are the possible pros and cons of proposed changes?

    73 votes
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