Dean Baker, co-director of the Center for Economic and Policy Research based in Washington, DC, will kick start the conference of the Union for Radical Political Economics, to be held at our college on October 1, 2011. Baker’s lecture will start at 10am.
Baker writes a column for the Guardian and blogs sharp criticisms of the economic ineptitude of the media on his Beat the Press. (At some point, I will start my own, Be Depressed!) Perhaps Baker’s most well-known achievement as an economist was his call on the U.S. housing market bubble in 2002, way before its peak and eruption. Baker predicted that, given the size of the bubble, its popping would lead to a serious recession. Needless to say, he was right!
Extra credit will be granted to students who attend and email me a one-paragraph answer to each of the following questions:
1. What was the most relevant factual economic information given in the lecture?
2. Did the presenter offer a model or theory to organize or explain those facts? If the answer is yes, describe it shortly.
3. What were the conclusions drawn by the presenter from the facts discussed?
4. State your opinion and/or comments regarding the content of the lecture?
Please do not create a Word document or attach anything. Just write the answers in a plain email to me.