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I signed up for Econ 100 because I thought I would learn a list of models and definitions that would help me grasp how the economy works. Little did I know how ignorant my expectations were. Instead, Professor Casey introduced real world issues into our discussions and pushed us to critically think about these scenarios. The answer to heavy questions cannot be simplified in an assumption grasped by a supply/demand graph. It simply “just depends.” Every class I left feeling like I had more questions than I started the day with. Specifically, I appreciate the time we spent on talking about inequalities in America. Majority of Econ classes teach basic principles: “public spending is inefficient,” “unregulated markets in the long run are better for the economy,” etc. But in reality there is a whole set of factors that contribute to these theories. For example, most of these ideas are solidified by big businesses that are able to influence the law. What is efficient for big companies is not always what is efficient for the rest of the nation. I think econ classes have a tendency to not dig deep and leave students unaware of the bigger implications of accepting basic principles. But Professor Casey helped me realize that though I am not an economist, as an educated student, I need to look past the models that dominate the law and media and consider every individual community. Who can I vote for that will advocate for disadvantaged individuals? When the news updates us on Unemployment rates, do they also advertise the other factors that contribute? I learned to stop accepting things for what they seem and ask questions that stimulate productive conversations. Professor Casey, thank you for your drive and passion for this subject. I have never been so engaged in classroom discussions. Though our semester was cut short, I look forward to taking more of your classes!
Toggle Commented Apr 22, 2020 on ECON 100 Final Exam at Jolly Green General
I thought the first article about debt and the second article about the impact of COVID-19 on African Americans made some interesting connections. The debt article stated "what we should probably be worrying about instead is public investment in infrastructure, which has been neglected and suffers from obvious deficiencies." The importance of urban revitilization and rebuilding communities that are falling apart is immediately what came to my mind. The second article stated "Who will live in crowded, segregated neighborhoods? Who will be exposed to lead-poisoned pipes and toxic waste?" I think the ultimate question we should be asking is who is going to fix this. Then we look at how one should go about it, and ways in which people that have a steady income and job can help. It is sickening to me that people are still facing the repercussions of early discrimination in our country. The most vulnerable groups of society appear to be targeted by pandemics (AIDS, Ebola, Swine Flu, now this). We can do better.
Toggle Commented Apr 19, 2020 on Econ 100: Last readings at Jolly Green General
I had similar questions to Harper. The most unsettling aspect of the article, in my opinion, was the healthcare section. Food insecurity is a huge problem that many low income Americans face. Do you think because healthy foods are more expensive that this leads to a lack in nutrition and worsening health problems? I know there are great resources like community gardens, food kitchens, etc, but there is more we can be doing as a country to combat this crisis. What would that look like?
Cate is now following Caseyj
Apr 6, 2020
In chapter 4, the book talked about cost of living adjustments and inflation. I was wondering How the Social Security Administration attempts to protect beneficiaries from the effects of inflation?
Toggle Commented Apr 6, 2020 on ECON 100: New "Textbook" at Jolly Green General
I have always known there were a lot of people working in the N sector, but seeing the number 47 million made my stomach drop. That is 47 million people whose worlds have been completely turned upside down from this virus. 47 million people who don't know how much longer they can withstand these hardships. While yes the economy is super important, it will never recover if we don't start taking care of the people in the workforce. People should not be forced to scramble to find a means of income, but should have a relief program to fall back on. This article specifically made me think about the effect on mental health. When people are jobless, forced to isolate, and living in fear; their mental health is at huge risk. I wonder how detrimental this could be.
Toggle Commented Apr 2, 2020 on ECON 100: The Corona Coma at Jolly Green General
I agree with Patrick and the author of this piece. The only possible way of solving this horror is by working together. Instead of putting solutions into the hands of hungry politicians, we need to give medical professionals the power to freely communicate with their counterparts in other parts of the world. I also really appreciate the confidence the author has in the public. He said a lot of problems could be solved on their own if citizens were empowered. Our political climate is polarized due to different information and opinions circulating the news. Our focus should be redirected to promoting a well-informed population that feels that they aren't being forced to side on policies because of certain political ideologies. Democrat or Republican, this virus effects everyone. This virus will only be mitigated when we begin to work as a team, help out other countries, and realize the greater good of humanity is more important than any individual agenda.
Toggle Commented Mar 31, 2020 on ECON 100 at Jolly Green General
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Mar 31, 2020