Suggest a Course
Use this forum to vote or suggest courses for MRU.
157 results found
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6 votes
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1 vote
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Do banks really create money (credit) out of "thin air"?
There's much debate and confusion surrounding the idea that private banks can create money (credit) out of "thin air".
"...contrary to what people might think, a bank doesn't make loans, by taking the deposits of a client and then lending those deposits out. Instead, the bank creates money out of thin air."
http://www.businessinsider.com/where-does-money-come-from-2014-4While Krugman says:
"I often see the view that banks can create credit out of thin air...This is all wrong...Bank loan officers can’t just issue checks out of thin air."
http://krugman.blogs.nytimes.com/2012/03/30/banking-mysticism-continued/I've spent several hours trying to find a definitive answer to this question but have yet…
6 votes -
Explore/discuss two-sided markets.
Two-sided markets created by information platforms increasingly are a feature of how Internet services are monetized -- e.g. similar to how subscribers and advertisers are two sides of a "newspaper platform." Users and advertisers are two sides of the Google platform (albeit one side doesn't subscribe), similar to how viewers and advertisers were two sides of a TV station's business model. How do you use demand/supply curves to analyze and understand two-sided markets? What are the implications for price discrimination? What are the implications for monopoly? What are the implications for dynamic competition if an industry sector is prohibited from…
1 vote -
Macroeconomics
Will there be an "Intro to Macro" course at some time in the near future?
13 votesPrinciples of Macro is live! We’ve been releasing one video per week on Tuesday. Go here and you can sign up to be notified on each release: http://www.mruniversity.com/courses/principles-economics-macroeconomics
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4 votes
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4 votes
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3 votes
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3 votes
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I'd like to see a discussion of the societal value of inherited wealth vs self created wealth.
A year or so ago, there was a mention of the Forbes 400 US and that 60% of them were self made. It would be interesting to hear the pros and cons comparing the two groups. Clearly the self made group is adding benefits to our world, but what societal benefits come from the 'inherited' group?
6 votes -
Create courses on the great modern economists and modern economic models
Basically, do a course on the great economists and economic ideas since 1900 (e.g. Lucas Critique, IS/LM, Rational Expectations, etc)
1 vote -
I'd like to suggest a topic State vs Market failures
In MVHO in current times free market is blamed for problems originated by politics and lots of people would need clarification on this
1 vote -
Japan's lost decade
Japan, currently the third largest economy in the world, has experienced meager economic growth over the past 15 or so years, despite (or because?) using many tools advocated by certain economic schools ranging from deficit spending, record-low interest rates and so forth.
Why is economic growth in Japan so low?
What is the regulatory environment businesses have to operate within in Japan vs. say the US?
What are the real (as opposed to intended) consequences and incentives of government actions (and inaction)?1 vote -
13 votes
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Institutional Economics (I have in mind a more micro focus a la Ostrom and Williamson)
Get Pete Boettke and Paul Dragos Aligica to help!
1 vote -
3 votes
Principles of Micro launched in January, 2015. Go here for details – http://mruniversity.com/courses/principles-economics-microeconomics
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0 votes
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