Thursday, May 19, 2011. When does the Fed first tighten? The minutes contain what is, by now, the rather standard argument between the hawks and doves on inflation risk in a high unemployment economy. Friday, October 8, 2010.

To the right is a diagram excerpted from Who Pays a Sales Tax? Understanding this diagram, including consumer surplus and producer surplus, is a benchmark for learning to think like an economist.

A Year in the Life. July 20, 2010 by econmommy. Shortly after my last letter to Jenna. I learned that her needs were beyond what we were equipped to handle. I could barely finish reading her profile through the tears that told me the harsh truth. After 6 months of praying over that little girl,.