Category Archives: Economic Models

Glocal Econ 20: Vanquishing the Debt Spider

Homework Due: Web of Debt, Ch 41 & 42 Wizards of Money 20: Battle of the Dragons: Oil vs. Insurance Extra listening: Unwelcome Guests #599: What Economics Can’t Tell You About Money Canadian Radio: Day 6: A Cashless Money System … Continue reading

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Glocal Econ 18: Goldbugs, Greenbacks and e-Bucks

Homework Due: Web of Debt Chapters 37 & 38 Wizards of Money  18: Where Wall Street Crosses Auburn Avenue Extra listening – Democracy Now with Matt Taibbi on Goldman Sachs exec Greg Smith and Too Crooked to Fail – Bank … Continue reading

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Glocal Econ 12: India’s Zenith and America’s Nadir

Homework Due: Web of Debt Chapters 28 & 29 Wizards of Money 13: Bankruptcy Bill’s Shootout at the Social Safety Net Extra Credit: PBS Special Commanding Heights: The Battle for the World Economy. Also Ron Paul on The End of … Continue reading

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Glocal Econ 11: Fiat Paper Tigers and Chinese Miracles

Homework Due: Web of Debt Chapters 26 & 27 Wizards of Money 12: The Imperial Budget and the Mythical Lock-Box Chris Martensen’s The Crash Course Extra credit: Zeitgeist Moving Forward or Unwelcome Guests Episode 573: I Spit in the Face of … Continue reading

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The People’s Bank of Cal-if-ornia

There are those who feel that California, with the eighth-largest economy in the world, is still too big to be trusted with a publicly-owned bank. Perhaps it should be split into three. The sunny, showy south, which everyone thinks of … Continue reading

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Glocal Econ 9 – How Societies Work

Homework Due: Web of Debt Ch. 20, 21 & 22 Wizards of Money audio episode 9: Jack and the Sweatshop Read and critique John David’s paper “Austerity for Most or Prosperity for All? (Common Sense for Our Upside-Down World.) Read … Continue reading

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The 1% Solution – NOT!

John writes, If you want to have something to put the current Federal budget posturing into perspective, I recommend Chapter 17: “Wright Patman Exposes the Money Machine.” I looked at the Wikipedia entry for Patman and it mentions nothing about his … Continue reading

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Glocal Econ 7: Water Slipping Through Our Fingers Like Money

Homework due: Reading: Web of Debt Ch. 14, 15 & 16 Audio: Wizards of Money 7 – The Money Cycle vs. the Water Cycle: transcript Video: Blue Covenant: Maude Barlow and the Water Crisis Q’s for Ch. 14 – Harnessing … Continue reading

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The Spirit Level and the Economics of Charity

A few more things have come out recently related to economics: For MoveOn, Robert Reich does an RSA-animate style 2:15 minute lecture called The Truth About the Economy. His drawing isn’t up to par with RSA but the lecture is … Continue reading

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Class 5: Money as Terrorism, Balance or Flow

Homework due: Video: The Money Masters, Part 2 of 2 Reading: Web of Debt, Chapters 8, 9 & 10 Audio: Smithy’s Wizards of Money, episode 5: Monetary Terrorism For extra credit, read the interview of Eustace Mullins and address whether … Continue reading

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