This is the course blog for Econ 300. It will be used for discussions about the course material and to relate the course material to current events in the news. You are free to post on the site, but must use your real name in all posts. Constructive participation in the blog may impact your grade in a positive direction.
posted by Professor Cramton at
1:31 PM
Peter Cramton is Professor of Economics at the University of Maryland. Since 1983, he has conducted research on auction theory and practice. This research appears in the leading economics journals. The main focus is the design of auctions for many related items. Applications include spectrum auctions, electricity auctions, and treasury auctions. On the practical side, he is Chairman of Market Design Inc., an economics consultancy founded in 1995, focusing on the design of auction markets.
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http://www.economist.com/finance/displaystory.cfm?story_id=13145616
This short article is an optimist view at the current economic situation and it mentions derivatives to boot! While the economy is still shrinking, the slope of that curve is becoming less steep, so the economy is not shrinking as much.
http://www.economist.com/finance/economicsfocus/displaystory.cfm?story_id=13144773
This article talks about transparency in the market place. The articles believes it is a good thing but it is hard to decifer limits.
http://www.economist.com/business/displaystory.cfm?story_id=13145718
A very interesting article about the auto bailout on several points. First it makes the point that it may cost the government more money if the companies go into bankrupcy. Secondly its not just the car makers that are hurting but the entire industry hurting.
http://www.time.com/time/magazine/article/0,9171,1880637,00.html
A look at Wall Street and the inflated incomes of corporate chief executives and other executives high up on the ladder. Also discusses future plans to tax and restrict incomes from companies taking money from the bailout plan.
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