Economic Theories – Oh My!

When I teach, I love to call this “Fun with Old White Guys!”

If you happen to have majored in Economics but long since forgot what you memorized for a test, this series of posts is for you. I feel confident that once you have read this you can avoid that Dear God I know I should know this but have no freaking clue moment when you are stuck on the elevator and your boss asks what you think about Classical Economics.

My goal is to give you a brief rundown of some major theories over the next couple of weeks and hopefully save your ass from public humiliation at the next cocktail party! My goal is to do this in about 5 minutes a shot but we will see. As an aside, I did once teach my dad the basics of calculus on a bar napkin, so surely this is possible!

If there are any theories you would like to know about, hook me up with a comment below. As an added bonus, I will know I am not insane and blogging to myself!

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Hello world!

Welcome to the Half-Assed Economist! I am a Lecturer in Economics at a couple of fine institutions of higher learning. I am a teacher, not an economist! I usually teach things Macro, but occasionally will draw a Micro class or two. I’m trying to get up the nerve to give price theory a go, but I am totally convinced that calculus should be a four letter word!

I am attempting to stay anonymous because I like my jobs and would never want anything I do to reflect badly on my employers. All that being said all of the opinions expressed in this blog are just that – opinions.   And they are mine at that! And guess what, sometimes I’m wrong.

So here is the thing (I say that a lot), I am sick and tired of the fact that economics is a bad word in today’s society. I hate the thought that as teachers of economics, most of us feel the need to make it seem mystical and complicated to make ourselves seem smart.

The fact of the matter is economics can be fun. For almost every difficult subject, there is a way to approach it that makes it easier not harder to understand.  The goal of this blog is to answer YOUR questions, provide explanations that my teenage children could understand and hopefully make economics come alive!

I hope to mix in a little bit of current events, a little text-book stuff and as any of my students will tell you, I will pull out my shoe horn and squeeze in some personal finance too!  Please let me know what you would like to learn about!