Monday, March 17, 2008

Liberty Fund - March 17-19

I will be in Indianapolis as an FTE representative for the Liberty Fund “Co-Sponsored Alliance Meeting”, March 17-19, 2008.

This meeting will consist of two Socratic sessions on the morning of the 18th followed by 4 breakout sessions relating to the logistics of Liberty Fund conference.

Socratic Session One


Why Liberty? A Collection of Liberty Fund Essays

On Liberty - JS Mill

The Use of Knowledge in Society - FA Hayek

Capitalism and Freedom

Socratic Session Two

Why Liberty? A Collection of Liberty Fund Essays

A Place of Learning - M Oakeshott

Breakout session one

Discussion Leading

Database Management

Breakout session two

Program design and best practices

Conference guidelines and administration

Breakout session three

Liberty Fund Conference Program

Proposal Development

Breakout session four

Readings and copyrights

Conference evaluation and feedback

Monday, March 10, 2008

Economics of Disasters

On March 6 the FTE was in Tempe for:

The Economics of Disasters workshop. Registration and a continental breakfast began at 8:00am for all our participants. The general program began promptly at 8:30am with an introduction to disasters by Kathy Ratte.


Kathy provided an excellent overview of lesson one in the five lesson curriculum sequence that makes up the FTE Economics of Disasters. During the course of the workshop, participants had the opportunity to engage with the following activities:


Are Disasters Good for the Economy?

Price Gouging Activity
Nobody Knows Everything - Game Slides (Adobe PDF/Powerpoint)


Her presentation was followed by an in depth application of economic reasoning to the topic of disasters by Dr. Daniel Benjamin.



Dan presented the economic impact of disasters and extended the discussion through an analysis of the role of the government in the mitigation of the results of disaster.

The Arizona Council on Economic Education’s goals are to assist teachers in improving their students’ economic and financial literacy and decision making skills, by providing them with content, methodologies and practical tools.


Friday, March 7, 2008

Your view of the economy in 2008

This is a follow up to a post from last month.

Just how badly is the United States really doing? Take a minute and vote on the survey to your right,then read on.

My colleague James D. Hamilton writes in the March 2, 2008 San Diego Union writes:

Sixty-one percent of Americans believe that the U.S. economy is already experiencing a recession, reported a recent AP/Ipsos poll. People who study the economy for a living are also concerned, but they are not quite as pessimistic. In a survey of economic forecasters by the National Association for Business Economics, 55 percent of the respondents declared that we're not in a recession and are not going to have one this year.

http://www.signonsandiego.com/uniontrib/20080302/news_lz1e2hamilton.html

Sunday, March 2, 2008

Econoblogosphere

The econoblogosphere . . .

What U.S. Consumers Know About Economic Conditions

This post is prompted by a discussion about critical thinking and online facilitation in the UofW graduate online course Collaborating Communities. That discussion revolves around the role that facilitator feedback might play in facilitating critical thinking.


As I thought about this discussion, I reflected on the role that knowledge and a simple recall of that knowledge played in critical thinking. That is, can humans construct critical thinking in the absence of knowledge?

Richard Curtin of University of Michigan in 2007 shared information about the state of knowledge and he begins this excellent descriptive piece with the following from Aristotle:

'The natural inquisitiveness of people was noted long ago when Aristotle began his book Metaphysics by saying “All men by nature desire knowledge.” The acquisition of information about economic conditions has been a common facet of life since the dawn of civilization.'

Curtin's paper goes on to attempt to reconcile the Aristotlean view of the nature of humanity with actual behavior.

For those of us with experience in education the nature of human desire for knowledge is always floating about our design and delivery of our content and often springs to the front of our consciousness during assessment.

Curtin writes about the ideal that people desire knowledge that:

Unfortunately, that is not the case. Nearly every profession has been disappointed with the amount of knowledge ordinary citizens possess, whether they are political scientists, physicians, mathematicians, physicists, or economists. It is an all too frequent occurrence that some survey finds that a surprisingly high proportion of people could not name their representative in the legislature (Delli Carpini and Keeter, 1996), have accurate
knowledge about common medical conditions (Lucas, 1987), correctly know about planetary orbits (Lucas, 1988), how to do rather simple arithmetic operations (OECD, 2006), or the current rate of inflation or unemployment (Blendon, et al. 1997; Blinder and Krueger, 2004).

I look forward to any comments you might have about this topic and the question that Curtin ends the introduction of his paper with:

How can the often widespread lack of knowledge be reconciled with Aristotle’s view that people naturally desire knowledge? Or was Aristotle simply wrong? Plato was skeptical about our ability to know the absolute truth, and suggested that people can only dimly perceive the truth from its shadows. Policy makers may find Plato’s allegory compelling, as they often feel trapped in a cave making decisions based on shadows of truths that last only as long as the next data revision. The implications of Plato’s views cut more deeply, however.


Reading Russia

On the topic of reading, the following sources (short and long) are informative of Russia today and very reflective of what we are studying:

The Economist - Smoke and mirrors

The BBC - The Putin Project

The New York Times - Now Comes the Tough Part

Two books that I am currently reading may well be of interest for your summer reading list. These are for the generalist, if you are a history teacher I suspect that none of this will be new, although the presentation is provocative.

The first is Niall Ferguson's - The War of the World

Part 1 of the book deals with Stalin's USSR and extends and explains in depth the extent of the cultural, economic and legal impact of the command system on Russian society. Much of these deals with the period of WW II, although Ferguson does an excellent job of providing an historical context.

As you know, Ferguson is controversial and the reviews of this book were mixed, I suspect based upon ideological considerations. Part of a negative review from The New Yorker:

Ferguson's eight-hundred-page reevaluation of the Second World War presents itself as a grand theory about ethnic conflict, the end of empire, and the postwar triumph of the East. The exact contours of the theory, however, remain unclear. Ferguson argues that the central story of the twentieth century is "the descent of the West," but he never really clarifies what "the West" means - Russia sometimes qualifies, sometimes not, depending upon what point Ferguson is trying to make. Ferguson is a skilled storyteller, and he offers many striking reflections on the bloodiest years of the past century, including a compelling analysis of appeasement.

Jan Winik's - The Great Upheaval: America and the Birth of the Modern World, 1788-1800 takes an interesting and in the end very enlightening view of this critical period. Winik organizes his book with alternating chapters on The United States, France and Russia. The result is a set of connections that the general reader may never have made and a perspective that the historian may find useful.

Millennials

As we have referenced the millennials, I thought you might find this article from the local Az paper of interest.

The 'millennials' A NEW POLITICAL GENERATION

Morley Winograd and Michael D. Hais
Feb. 10, 2008 12:00 AM

Winograd and Hais are co-authors of "Millennial Makeover: MySpace, YouTube, and the Future of American Politics,"

The authors write:

Reared by indulgent parents and driven by deeply held values as adults, members of idealist generations embroil the nation in heated debates on divisive social issues as they try to enact their own personal morality and causes through the political process.


A review of the book:

Winograd and Hais combine "generation theory" with their own long experience in politics, survey data, and detailed observations about the unique values and expectations that Millenials bring to

I wonder how compatible these millenial values are with the values of education that are inculcated in our institutions of teaching and learning.

Saturday, March 1, 2008

Your view of the economy in 2008

While this blog is primarily oriented toward a discussion of e learning, I am very interested in the intersection of learning theory, economics and my instruction of economics.

To that end, I am endeavoring to have a wide community of viewers so I have invited colleagues from a number of my learning communities to this blog to complete the one question poll to the left and to leave a comment at this site.

The poll question was prompted by my desire to see if James James Surowiecki's thesis in The Wisdom of Crowds can be easily tested. We will know the answer to these poll question within the next 15 months, so this seemed a reasonable way for me to test his argument.

Moreover, I am seriously giving consideration to the use of blog and wiki as delivery tools for the classes I teach online and to supplement my face to face instruction. Given the research available dealing with alternative assessment and the role of authenticity and constructivism in learning, I want to see how colleagues I have come to respect interact in this environment.

Thanks in advance for your vote on the poll and any comments you care to leave.

Your reply might include:

1. Your explanation/rationale for your vote on the direction of the US economy in 2008.

2. The consequence - social, cultural, political if your prediction is correct?

3. Your view of instructional technologies such as this and their efficacy in the classroom - either cyber or face to face.

4. Any other relevant issue or question you might wish to raise.

Greg

2007 - AEA papers

Teaching Economics - Economics Network

Technology impact on a principles course

IR - Clarke, O Rourke, Taylor


Trade and IR - O Rourke, Taylor



Development and colonialism in new world


PR and Trade

Trade and Development

Proficiency based assessment





Livingeconomics - online micro

Econ and YouTube

Mandate HS Econ

Laissez-Fairst Presidents

Grover Cleveland (1885-1889 and 1893-1897)
Martin Van Buren (1837-1841)
Andrew Jackson (1829-1837)
Thomas Jefferson (1801-1809)
Calvin Coolidge (1923-1929)
Ronald Reagan (1981-1989)

Click here for the full post at Austrian Economists.

Economics courses - iTunes, youTube, podcasting

The evolution of delivery of academic course work is accelerating. I spent some time trying to become current with delivery in economics and, I know I have just scratched the surface.

Admitting that I am behind this important curve and that not only are other parts of my instructional community ahead of the curve but many students are with those colleagues way ahead of my experience with successful tools of online community.

I readily see my colleagues in economics providing instruction using

iTunes and related platforms

Video a la youTube

Podcasting and other evolving platforms

Now keep in mind that this is in very early stages and evolving. So skim below if you are "new" to this type of media in economics (or any other discipline) instruction.

Ok, who is doing this? Brad deLong at UofC Berkeley, the George Mason economists (no surprise there) but colleagues teaching in environments similar to mine. So if you are intrigued and, like me a bit scaried, read on.

Brad de Long - a well known name to economists and economic educators, Brad is, oh well no shrinking violet. But all indications are he is a committed and innovative teacher.

Video Click on recent posts to see how Brad has evolved this area. You need to select video from the ugly blue banner page.



Podcasts and Webcasts of UC Berkeley current and archived courses


UC Berkeley has become the first university to formally offer
videos of full course lectures via YouTube.

Two hundred clips, representing eight full classes, have been uploaded so far.

The school has equipped twenty classrooms to record lectures and plans to capture about fifty classes each semester, or about three percent of the course catalog. For more details, read:
http://sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/10/04/BUJ0SJ9JS.DTL

Alas, you can't earn a Cal degree merely by watching YouTube clips - no credits are offered in conjunction with the postings. However, those interested in expanding their intellectual horizons can explore the Cal courses here:
http://www.youtube.com/ucberkeley


An "older" Washington Post story:

Internet Access Is Only Prerequisite For More and More College Classes

Berkeley's on YouTube. American University's hoping to get on iTunes. George Mason professors have created an online research tool, a virtual filing cabinet for scholars. And with a few clicks on Yale's Web site, anyone can watch one of the school's most popular philosophy professors sitting cross-legged on his desk, talking about death.

Less than a week into Yale's video launch of seven introductory courses, philosophy professor Shelly Kagan had gotten enthusiastic, inquisitive e-mail messages from people who had watched his classes. (Yale University)

A list of colleges and universities at various stages of the process.