In this document, the author compares institutional costs at higher education institutions in Illinois between 1958 and 1971. In order to do this, it was necessary to deflate 1971 dollar expenditures and express them in terms of 1958 dollars. Measured in 1958 dollars, expenditures have increased by 397% to $446.7 million using the Consumer Price…

Since the 1970s, economists have recognized that a booming export sector of the economy can have unfortunate consequences for other sectors and lead to both appreciation of that nation's currency and a weakening position for its exports. A model to stimulate the effects of this situation is discussed. (IS)

This is one of a series of essays adapted from articles in "On Reserve," a newsletter for economic educators published by the Federal Reserve Bank of Chicago. This pamphlet explains how public debt incurred by the federal government may not be necessarily bad from an economic perspective. The sections of the pamphlet include: (1)…

This booklet is a compilation of articles on money market instruments which were published in the "Monthly Review" of the Federal Reserve Bank of Richmond from 1964-1967. They have been revised to include recent changes in the various markets, as well as to reflect currently applicable laws and regulations. The articles are titled: The Money…

To assist policy makers, scholars, businessmen, the press, and the public by providing objective analysis of national and international issues, this research institute has presented a special economic analysis which details the views of a University professor of economics on the recent United States wage-price freeze. Focusing on the shortcomings…

This pamphlet recaps the chain of events known as The Bank Panic of 1907. Historians view this as a watershed event that had a lasting impact on the financial system of the United States. The panic resulted from the collapse of the United Copper Company and was averted with the intervention of John D. Rockefeller and the J. P. Morgan Company. The…

This pamphlet defines "national debt," explains how the national debt is incurred by the federal government, and what deficits are. The sections of the pamphlet include: (1) "Definitions"; (2) "History"; (3) "Measurements"; (4) "Problems"; and (5) "Strategies." The text is written in a…

Military governments in Argentina, Chile, and Uruguay attempted to stabilize their economies in the 1970s abnd early 1980s, but failed because of internal economic constraints. A serious error in all three countries which resulted in problems with foreign payments was their emphasis on import liberalization rather than export promotion. (IS)

A long-run program of socialist-oriented institutional development is necessary to improve the economic situation of the less developed countries and close the gap in wealth between them and the developed nations. Developed nations can aid this by reducing military expenditures, dropping trade barriers, and strengthening international lending…

This booklet examines the political events of the year 1912 in which the idea of the Federal Reserve System came into reality. Excerpts from reminiscences, letters and newspapers of the time give an inside look at the divergent forces and personalities that were brought together to form the central banking system of the United States. Sections of…

Provides a diagrammatic analysis of S. D. Gerking and J. H. Mutti's framework, illustrating their results and demonstrating additional results. Shows how the out-migration of labor from a country affects wage rates and flow of capital. Aids courses in international trade, economic development, and regional economics. (SLM)

Over 175 economics education projects submitted to the 1979-1980 National Awards Program for Teaching Economics are abstracted. The aim of this annual competition is to discover outstanding classroom teaching practices while encouraging teachers to include and improve economics instruction in the classroom. Citations are contained in separate…

Abstracts of innovative and imaginative economics units are provided in this annotated listing of economic education projects submitted to the 1980-81 National Awards Program for Teaching Economics. Over 200 abstracts are contained in separate sections covering materials for primary grades, intermediate grades, junior high schools, senior high…

The three highest priorities for American foreign policy are avoiding nuclear war by working with the Soviet leadership to alter our present collision course, demonstrating our commitment to human rights throughout the world, and ensuring American economic prosperity by strengthening exports and ensuring the stability of the international monetary…