Wednesday, February 17, 2010

Fear the Boom and Bust


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***NERD ALERT***
May contain obscure knowledge of social sciences

I just have to share this video with you all, as I am very interested in the topic being discussed. It involves the controversy surrounding the two opposing philosophies of economic thought, the Austrian School vs the Keynesian. This video is great because it presents the material in a fun way, as a rap song by two historical figures. You may not have heard much about this debate, but it has shaped the fabric of American life since John Maynard Keynes influential "The General Theory of Employment, Interest and Money " was published in 1936. This was countered by the Austrian school when Friedrich von Hayek received a Nobel Prize in 1974 for his work on Austrian Business Cycle Theory, which generally opposes most of the ideas set forth by Keynes. Our elected officials usually do not acknowledge this debate, as the Keynesian philosophy allows for plenty of government spending. As Milton Friedman once said, "we are all Keynesians now"


Friday, February 12, 2010

Digger Digital

Digger Digital is another web project I have been working on in my spare time. I have always been interested in news and how it is delivered. I am currently taking a Journalism class where I am hoping to refine my reporting skills a bit, and I am hoping my new blog Digger Digital can make some waves here in Butte! The concept behind the blog is "Hyper-local" meaning it is made by residents of Butte, for residents of Butte. I got inspired to create this blog after reading the local newspapers and feeling as though the stories were boring. The beauty of a blog is that you can utilize many different news sources to have a good variety of content up there, as well as get feedback from your readers through the use of comments. Another great aspect of blogging is that you don't have to kill any trees to share the news, which is a change of pace from all the newspaper and magazines that go right in the trash after they are done being read. I am hoping with this blog to make some interesting news videos and to write some good articles. Right now I am looking for contributors so if you are interested in becoming a blogger, get in contact with me! Or even if you have a story you think other people should hear about, my contact information is on the staff page.