The adopted topic for our meeting on Monday, February 9, '09, is:
- The Stimulus Package
See:
President Obama's first press conference
Charlie Rose: A conversation with David Brooks (24 minutes), The Financial Crisis
NY Times: Economic Stimulus
Econtalk: Cochrane on the Financial Crisis
My earlier blog entry Wall Street and Main Street
NPR piece: How To Gauge Whether The Stimulus Is Working
PBS Frontline: Inside the Meltdown (including systemic risk, moral hazard)
Jon Stewart: Solving the Economic Crisis
Posts
1 comment:
I included a link to the Wiki piece about homeostasis, because that's the general life process involving stimulus and reaction. In discussions this past year, many pundits have loosely referred to our economy as sick. So I wonder, what does physiology have to teach us about our malaise and how to overcome it. The common (and bodily) wisdom for fighting a cold is to eat little, drink lots of fluids and rest. But what to do when the illness is more severe than a cold? Dare I say the D-word?
I think that our problem is indeed rooted in our over-consumption and a lack of resources world-wide to sustain that consumption.
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