Unit 7-What’s the Goal

I think that economic success should be based on society as a whole, not on individuals. Money most definitely can buy some people’s happiness, others it can’t. Individuals are too unique to try and group together and base economic success on individuals. Society should define economic success. Has it eliminated poverty? Homelessness? Starvation? Everyone should … Continue reading Unit 7-What’s the Goal

Unit 7-The Future

I think the future looks bleak. Economically, everything is done in the name of profits. Things that can be done to improve society don’t get done, unless it can be done profitably. Even today there are few “breakthroughs” in medicine. The problem-they don’t try to cure anything. They try to produce a drug that you … Continue reading Unit 7-The Future

Unit 7-Income Inequality

I think that income inequality is a key issue today and going into the future. There is enough money in the world to go around, but the sharks want a giant portion with little concern with what that does to everybody else. It is sickening to know that there are people dying of starvation and … Continue reading Unit 7-Income Inequality

Book Review

The Secret History of the American Empire: Economic Hitmen, Jackals, and the Truth About Global Corruption John Perkins Copyright 2007 Penguin Group Publishing ISBN: 978-1-1012-1373-5       This book is about the author’s dealings as what he calls “an economic hitman.” In truth he was a spy for the NSA, and tells many stories … Continue reading Book Review

Book Review

Book Title: The End of Poverty: Economics possibilities for our time. By: Jeffrey Sachs ISBN: 1-8420-045-9 Publisher: Penguin Press Publication: December 2005 Author explains why, over the past two hundred years, wealth has diverged across the world and why the … Continue reading

What I’ve Learned

So I came into this class hoping to learn a good bit about economies, and I did. I think I have even learned more than I expected. I learned about scarcity and how we try to combat it, we learned about GDP and what it really means, and we learned about how economies got started … Continue reading What I’ve Learned

What I’ve Learned

So I came into this class hoping to learn a good bit about economies, and I did. I think I have even learned more than I expected. I learned about scarcity and how we try to combat it, we learned about GDP and what it really means, and we learned about how economies got started … Continue reading What I’ve Learned

The Class

This was the first time I have taken an online class and it really was not my type of class. I liked the material in the class but the way we went about learning it just was not conducive to me. I prefer to have a more specific assignment for each unit rather than just … Continue reading The Class

Best Posts

I believe that my best posts of this semester were “Mixed Economies” and “Unit 3 Readings”. I think that in these posts I was able to make clear points about the topics we were discussing. I also believe that a had a clear understanding of the material.