tag:blogger.com,1999:blog-19671848.post6303057162902067599..comments2023-11-03T08:23:55.100-04:00Comments on Global Review: Teaching Economists EconomicsMacro Guyhttp://www.blogger.com/profile/01735930711259574574noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-19671848.post-19913463069721625822009-09-08T21:18:39.568-04:002009-09-08T21:18:39.568-04:00Salim, please send me your email & phone numbe...Salim, please send me your email & phone number. I have a question for you.<br /><br />Dan Noronha<br />603-767-8443<br />dan@djnoronha.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-19671848.post-79354320806528237212009-09-08T18:25:47.939-04:002009-09-08T18:25:47.939-04:00I agree.I agree.Macro Guyhttps://www.blogger.com/profile/01735930711259574574noreply@blogger.comtag:blogger.com,1999:blog-19671848.post-36372032676644862882009-09-08T18:12:02.941-04:002009-09-08T18:12:02.941-04:00One other thing Krugman missed is that when you le...One other thing Krugman missed is that when you leave the group, you have to return all 20 coupons. It doesn't matter if you are talking about 20 coupons or 40 coupons -- whatever the number is that people have to return, everyone would want more than that on hand at all times. This is especially true if those coupons cannot be bought. What's more is those coupons couldn't be translated via monetary value. The whole thing is a faux economy proposition. In a true economic system -- you would be able to exchange ANY goods or services (not just money, or coupons) for ANY goods or services. I don't know what restrictions were placed on the coupons other than amount of babysitting time. I'd imagine that because folks might have felt they couldn't exchange it for anything else, they wind up feeling that they cannot even use the coupons.Tim Vailhttp://searchingforalethia.wordpress.comnoreply@blogger.com