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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.

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  5. 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.

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  7. 1 vote
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  8. 1 vote
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  9. 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.

  10. With specialization there is profit. So wouldn't it be beneficial to offer free collage?

    The more videos you watch the more they say specialization is key. So to specialize you need education. Would it not greatly benefit us all if we could have more people with special knowledge?

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  11. 1 vote
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  12. 1 vote
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  13. Are Neighborhood Associations an advance in local representation?

    There are an ever growing proliferation of Neighborhood Associations throughout the country but the ones in Multnomah County Oregon have been in operation for over 40 years. They claim this is the new advance in political representation at the local level but the overall effect has been more control by fewer people who are even more parochial than the bureaucrats in Town Hall.
    www.portlandonline.com/ONI is the litmus for the program.

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  14. Fair trade? How this can improve?

    since there is no evidence fair trade really Works how we can improve it

    7 votes
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  15. 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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  16. 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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  17. 1 vote
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  18. Housing - should cities be allowed to build it as a commodity - e.g., electricity. Taxes now main component of housing cost.

    Some cities are not big enough, and most do not have housing for homeless people or even working people. If cities could decide what would make their size optimal, and then provide housing - in the way that cities sometimes now provide electricity or water if there is not a vendor of these services - cities could build to an optimal size, and provide the kind of housing that meets the population needs. Currently, property tax is a huge component of housing cost, and that might go to the state. Also, the cost of property transfer within market rates due…

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  19. 1 vote
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  20. Money and Banking Update

    What is the fed up to over the past 8 years post recession vs what I was taught in the 1970s and 1980s. I was taught that the fed should keep a dollar worth a dollar and not to intentionally promote inflation. Compare the former open market operations with today's QE programs and direct purchases. What are the pros and cons of the new approach.

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