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 | Hi all,
This week's articles are a bit money focused, with both an article on gold and an article about alternative currencies. In addition, there's a new book out that doesn't require the use of such money. :)
Cheers,
Jodi Join the Facebook Page
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Fun with Currencies and the Meaning of Money...
Even though people generally think of government-issued currency when they hear the word "money," economists have a very particular list of the functions that money serves in a society. Read More
| Greg Mankiw on Gold...
Greg Mankiw has quite the list of qualifications as an economist- Harvard professor, prolific textbook seller, Bush Chief Economic Adviser, and so on- so it's not surprising that his friends often come to him for advice. Read More
| Average and Marginal Product
Economists use the production function to describe the relationship between inputs such as capital and labor and the quantity of output that a firm can produce. Read More
| Fun with Free Stuff, Environmental Economics Edition...
Environmental economics is the field of economics that focuses on cost-benefit analyses of environmental issues such as pollution, natural resource conservation, and so on. Read More
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