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Bret Willhoit

Podcast: In The Classroom - Planet Money Blog : NPR - 2 views

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    I love NPR's Planet Money. I try to listen to every episode, usually on my way to school in the morning. I is not at all unusual for me to use the very podcast I listened to on the way in during that day's class! All econ teachers should be listening to Planet Money (no, like economics, it is NOT only about money!)
Seth Roberts

Paul Krugman: The Economic Failure Of The Euro : NPR - 0 views

  • Krugman explains that having a transnational currency does have obvious benefits — it makes doing business a lot easier in Europe. But, he says, there's also a downside: By giving up its own currency, a country also gives up economic flexibility and the benefit of having its own federal government back it up in times of economic trouble.
  • Krugman points to the economies of Ireland and the state of Nevada as examples. Both depend on exporting as a major source of revenue (Ireland to other countries, Nevada to other states)
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    This story is a great explanation of the Euro zone and it's strengths and weaknesses
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