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The article describes how the decrease in demand affects the macroeconomics, due to suppliers of coal and petroleum using the railroad to transport their goods. The decline in railroads has caused greater competition, raising the cost of production for these goods, as using the railroad service will be more expensive at times.

This article although an opinion piece is made up of many subtitles, the one I chose to focus on is Roosting chickens and Fed Bashing, It talks about how Druckenmiller keeps predicting economic dooms due to rising interest rates since he closed his business. Personally I feel this is like the quote we got that says, "looking at statistics...to save himself from having ignorance foisted on him", this article is about Krugman using his on look on statistics to see if Druckenmiller's predictions are accurate since some can say they were and others can say they weren't. Krugman gathers his knowledge from past experiences with 2008 crash and The Great Depression; with my own knowledge of the Great Depression and things that contributed to it's solution this drives me to say that government intervention and spending are what's needed to fluctuate the economy ( hence why people argue WWII was the real solution to the Depression due to it's massive spending).

The political instability in Russia has not affected its bank rates. The Romanian central bank has not changes its main interest rate despite of the resigning of the government. The banks interest rate will stay at 1.75% and many believe that it will be able to survive the political instability in the country. Romania is the EU's second-poorest nation and the political situation could possible affect assets prices and delay making monetary policy in the country. The economy Romanian central bank keeping its intre

This article, published by the Wall Street Journal on October 28, 2015, describes cash injections into the economy by the government sector. The article explores what U.S. economic growth could have been like if the U.S. government hadn't cut spending in the economy. The author wagers that if spending had continued, the U.S. economy could have grown more significantly than it has.

At least 132 people were killed after terrorists orchestrated a series of attacks in Paris on Friday. Many more were critically injured. And suspects remain at large. But the world goes on. Here's your Monday Scouting Report: Top Stories How the economy and markets react to terrible tragedies.

The rate of unemployment in the UK for the people of ages 35 to 49, who are considered as the older group of workers, was only 4.7%. Compared to them, the jobless rate of the people aging 18 to 24 years was around 18%. The rate of unemployment in these young people increased almost 30% between the first quarter of 2008 and the fourth quarter of 2011. According to ONS, "The burden of higher unemployment has therefore fallen most heavily on younger workers". The most significant cause of the significant rise in the rate of unemployment among all workers, especially targeting the youth age who are just out in the work force to find jobs, is the recent economic crisis.

This article illustrates two economic terms, the business cycle and consumer confidence. The UK economy is currently going through a boom phase, suggesting inflation is rising. This may seem good now, but higher inflation causes less competitiveness for exports, which will lead to a recession phase. It's the business cycle. The article also describes how job opportunities went up, which is likely to cause consumers to consume more, because they are expected to get a raise or promotion soon. This adds to the boom even further. Knowledge of this makes it easier to make economic decisions and explaining why events take place like they do.

Christian Wienberg illustrates how expansions and contractions have an effect on the global economy. Recently there has been a contraction, illustrated by the decrease in consumption, thus production and trade. The business cycle would suggest a recovery soon, because of lowered inflation or even deflation.

This article discusses a topic the book made fun of in this week's chapters. When describing inflation, the book makes a snarky remark about how a fraction change in percentage of unemployment is considered "news". There are a lot of uncertainties concerning unemployment, because it is difficult to measure the amount of unemployed people, due to different definitions of unemployment and because of hidden unemployment, yet these news agencies give values with such high accuracy. The article does describe how unemployment has decreased in various parts of Europe, which can be linked with higher living standards for some.

This article describes how the events in Paris affected the economic growth. This illustrates how more factors than taxes and employment can make a difference in level of economic activity. A decrease economic activity might cause the government to intervene by reducing the interest rate, creating incentives to increase consumption. A demand-side policy like this could help the economy get back on its course.