Friday, October 22, 2010

Day 38 (Thursday, Oct. 21)

Today's reading from Maybury's book covered a fictional example of how a financial bubble comes about, focusing on "get rich quick" incentives.

We discussed headlines around the world surrounding the currency wars.

We reviewed yesterday's discussion on fractional reserve banking by watching a short video that draws it out, step by step.

Students read the 2nd half of class while I interviewed them one at a time concerning their book and the upcoming paper.