• BBC World Service – Business – Is inflation or unemployment worse?

  Should we worry more about unemployment or inflation?

  Is the massive spending of taxpayers’ money by governments, to make good the current aversion to spending by everybody else, storing up inflation or not?

  The fear in some quarters, is that governments will eventually print money to finance today’s spending.
  Policy priorities

  In a way, it is a re-run of the debate that has rumbled on since the 1930s between Keynesians on one side – and neo-classical economists and monetarists on the other.

  tags: economics

Posted from Diigo. The rest of my favorite links are here.

About the author:  Jason Welker teaches International Baccalaureate and Advanced Placement Economics at Zurich International School in Switzerland. In addition to publishing various online resources for economics students and teachers, Jason developed the online version of the Economics course for the IB and is has authored two Economics textbooks: Pearson Baccalaureate’s Economics for the IB Diploma and REA’s AP Macroeconomics Crash Course. Jason is a native of the Pacific Northwest of the United States, and is a passionate adventurer, who considers himself a skier / mountain biker who teaches Economics in his free time. He and his wife keep a ski chalet in the mountains of Northern Idaho, which now that they live in the Swiss Alps gets far too little use. Read more posts by this author

Related posts:

1. Welker’s daily links 05/26/2009
2. Welker’s daily links 05/19/2009
3. Welker’s daily links 06/05/2009
4. Welker’s daily links 04/13/2009
5. Welker’s daily links 05/14/2009