Econoblog!

Foreclosures, stock market crash, stimulus packages, skyrocketing unemployment are the common topics of nearly all media outlets. But can anyone really make sense out of all this? Of course they can. Nearly every economics crisis which has occurred has been predicted. And what is predictable is always explainable.

So that will be the purpose through this blog. Rather than blame political parties or greed, I'll show the real issues here. I'll cover many economic topics throughout the semester, mostly dealing with the nature of these economic catastrophes. Some of the topics I'll touch on are economic booms and busts, the nature of an economic crisis, the unstable fractional reserve banking system, inflation, employment, deflation, the purpose of money, government investment, and much more.

I'll start with the most basic principles first, and eventually tie everything together so that the current crisis will finally make sense. So I hope this series on the economy will both entertain and educate. I welcome all feedback, both negative and positive. Feedback can either be public through comments, or if there is any specific question you want to ask me personally, you can reach me at:

matthew.hickok@gmail.com