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MV=PQ

Ideas and discussions about economic and financial literacy issues. This blog is an outreach service of The Powell Center for Economic Literacy.
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Economics and Somali Pirates

Dec 4, 2009
I think this story from The Financial Post about Somali pirates setting up a "stock exchange" has a lot of possibilities. (HT to Arts & Letters Daily.) It provides a platform to launch discussions on a variety of concepts. The author examines risk and...

The Federal Reserve

Dec 3, 2009
I was at the Board of Governors yesterday watching the College Fed Challenge final.  (Congratulations to Lafayette College for winning and for the other finalists Harvard, Northwestern, and Rutgers.) I was reminded that the Senate begins confirmation...

One of My Holiday Traditions

Dec 3, 2009
Many of you are already aware of this, I'm sure. But it is a tradition on this blog.  PNC Wealth Management has released its annual Christmas Price Index, tracking the cost of Christmas as set forth in the classic 12 Days of Christmas. It has games...

Micro Choices Can Have Macro Implications

Dec 3, 2009
And speaking of the cost of Christmas, check out this link. Someone is all for helping the economy.

Follow-up

Dec 1, 2009
Rather than update existing posts, I'm going to follow-up on two items from yesterday. The first relates to yesterday's post about the "Agent-Principal Problem." In addition to the clip from The Office linked in yesterday's post, you might want to...


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