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Old 10-13-2009   #1 (permalink)
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Default this week in microeconomics...

Taxes!!!! We're looking at how taxes really affect market prices, supply and demand curves. Specifically relating to how they affect elasticity of goods and services.


This is going to be an interesting week in Micro!


BTW, this textbook is definitely teaching old school supply and demand based economics, not that Keynesian crap that's all the rage these days.
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Old 10-14-2009   #2 (permalink)
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I gotta say, I loved my economics class! Hearing from a professor that lower taxes stimulate spending tickled me pink.
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Old 10-21-2009   #3 (permalink)
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Well after 3 chapters on taxes and how they effect the marketplace overall I have just one thing to say about the current fiscal policy of this nation....










WE'RE SCREWED!!!!


That's all for now, I just took some night time cold medicine and I'm ready for a nap now. I'll dive in and explain in more detail tomorrow if anyone is interested.
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Sometimes I think that government fits that old-fashioned definition of a baby: An alimentary canal with an appetite at one end and no sense of responsibility at the other.
- Ronald Reagan

Stangless...for now
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