Friday, January 29, 2016

Grade 12 - B Week, February 2-5

In-class work

Your internal assessment commentaries should be worked on this week. See right hand column for helpful links. The first draft is due after I return on February 11th.

See this post I wrote for the Macro IA for more information on writing economics IA's.

Tests

Feb. 2nd - Ch. 8 for Jen Kit and Saharat, ch. 27 Jason
Feb. 4th - Ch. 28 for Ridhwan and ch. 29 for Daiaan, ch. 26 Luti

Friday, January 22, 2016

Ideology in Economics

All at sea | The Economist
"Anthony Randazzo of the Reason Foundation, a libertarian think-tank, and Jonathan Haidt of New York University recently asked a group of academic economists both moral questions (is it fairer to divide resources equally, or according to effort?) and questions about economics. They found a high correlation between the economists’ views on ethics and on economics. The correlation was not limited to matters of debate—how much governments should intervene to reduce inequality, say—but also encompassed more empirical questions, such as how fiscal austerity affects economies on the ropes. Another study found that, in supposedly empirical research, right-leaning economists discerned more economically damaging effects from increases in taxes than left-leaning ones."