Introducing students to continental currency may well encourage their interest in the economic context of the Constitution and their understanding of a wide range of economic concepts. This brief article describes a lesson to familiarize students with continental currency and its relationship to Article I, Section 8, of the Constitution and the…

The present research tested whether incidental exposure to money affects people's endorsement of social systems that legitimize social inequality. We found that subtle reminders of the concept of money, relative to nonmoney concepts, led participants to endorse more strongly the existing social system in the United States in general (Experiment 1)…

Debt limits, interest coverage ratios, one-off balanced budget requirements, pay-as-you-go rules, and tax and expenditure limits are among the most important fiscal rules for constraining intertemporal transfers. There is considerable evidence that the least costly and most effective of such rules are those that focus directly on the rate of…

Examined are the quantity theory of money and the recent application of monetary policy in Japan, the United Kingdom, and the United States. In all three countries, the reduction of monetary growth has reduced inflation. (Author/RM)

Explains that Fritz Machlup's four principles of measurement have been widely used to explain all aspects of the postindustrial, information society, but they do not serve to analyze changes in complexity of work, routinization, educational requirements, and increasing worker utilization of information. (SD)

Intended to provide a basic understanding of the history and complexity of a relatively new foreign currency measure, this paper briefly describes the history leading to the formation of the European Economic Community (EEC), its objectives, its governance structure, and its development of the European Currency Unit (ECU) as a means of stabilizing…

Reviews progress toward economic integration and monetary union within the European Economic Community. Maintains that Germany has the greatest influence on the system because of its strong currency and monetary policies. Concludes that a "two-speed" course toward economic union may be the only practical path. (CFR)

Identifies some of the more essential features of the administered price thesis and discusses ways they might be integrated into mainstream economic theory. Available from: General Secretary, Economics Association, Room 340, Hamilton House, Mabledon Place, London WC1H 9BH, England. (Author/AV)

Many generalizations sound simple enough--for example, "strong is good, weak is bad"--but they can be confusing when talking about money. This booklet explores how the U.S. dollar and foreign currencies affect each other and how their interaction affects the individual and the economy. The booklet contains the following sections:…

Asserts that many macroeconomics textbooks include arguments about national fiscal policy that may not be relevant nor accurate. Concludes that counter cyclical fiscal policy restricted to changes in income taxes and transfer payments are weak tools in efforts to pull a nation out of recession. (CFR)

Explains the use of forwards, futures, swaps, and options in international currency trading. Argues that pricing options are based on the same basic principles as pricing other financial instruments. Concludes that, although financial markets have developed several new products, hedging and speculation involve similar processes. (CFR)

The effects of university education in economics on students' conceptions of economic aspects of their everyday life were studied. A random sample of 15 beginninq students at the University of Goteborg, Sweden, were interviewed before and after the course. Ten questions were asked that were taken from the students' everyday life and brought out…

An economic case study is presented of the balance of payments in Italy, Canada, and West Germany during the 1940s through 1960s. The study examines the circular flow of income, price level fluctuations, supply and demand theory, and basic considerations of financial markets. For journal availability, see SO 505 703. (Author/AV)

Maintains that, although U.S. currency today is pure fiat money and not backed by gold or any other precious metal, students frequently ask, "But what about the gold at Fort Knox?" Describes what is really located at Fort Knox, why it is there, its implications for public policy. (CFR)

In this distributive education student's guide on the free enterprise system, principles of the American economic system are introduced as they relate to marketing and distribution. This twenty-four-page document includes directions and an introduction to the material. Twelve "Principle Sheets" on various economic concepts contain…