I have written several posts pointing to the role economics blogs play in the media, and am sorting out strengths and weakness to be addressed at Angry Bear in our own content. Nick Rowe  at Worthwhile Canadian Initiative posts Four MC curves and two PPFs.  The comments flesh out the ideas involved in a beginning econ […]

Robert Waldmann Nick Rowe asks a very interesting question. After the jump I attempt an answer Please read Rowe’s post first. The following will make no sense at all if you don’t (note reading Rowe’s post is a necessary not a sufficient condition for it to make sense). The short explanation is that Rowe finds […]