Elements of pollins proposal to transform the fed


Assignment:

Discussion Questions

1. What factors make government spending on clean energy an effective economic stimulus and jobs program?

2. What are the different cost savings that Friedman argues a single-payer, universal health-care system would provide while improving heath-care results? In your estimation, how does the single-payer proposal Friedman discusses measure up against our current health-care policies?

3. What are the chief elements of Pollin's proposal to transform the Fed? How would the Fed's focus and decision-making change? Do you think Pollin's proposal would be effective?

4. What are "capital controls"? What are some possible negative consequences of uncontrolled capital inflows on developing countries' economies. Why does Gezici argue that capital controls are an essential part of developing countries' normal economic-policy repertoire, not only temporary emergency measures?

5. Describe each of the three main "ways out" of the Greek economic crisis. What factors do you think will determine what kind of solution is eventu-ally implemented?

6. Why does Broad argue that investor rights are in conflict with citizens' right to democratic self-governance?

7 Baker's article includes some thought exercises to illustrate the connection between average work hours for those employed and the unemployment rate. If our goal is to redistribute work hours to increase leisure time and decrease the unemployment rate, how do you think we could accomplish this change in real time in the real world?

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Macroeconomics: Elements of pollins proposal to transform the fed
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