Friday, December 17, 2010

Day 75


Started off with learning about some of the basic tenets of Keynesian Economics, in contrast to pseudo-Austrianism.

Read further from our Capitalism book regarding the tragedy of the commons, Rhinos vs Cattle, and the pollution of the state.

The Federal Reserve sent me a publication to read to the students titled Wishes and Rainbows. I read the cartoon aloud and then we tried to figure out what in the world it means.

After the break a student led a discussion regarding the how and why behind self-betrayal.