Nobel winner lectures Utah State students on learning, economics

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  • SCfan clearfield, UT
    Nov. 14, 2013 7:57 a.m.

    Hunkering down and paying bills and trying to get out of debt. Yes, I suppose that is what most of us are trying to do. Much of economy is psychology. If people have faith in the economy as being good, or on the upswing, there will be more spending for things other than necessities. We'll see, this Christmas season just how people are feeling about non essential spending. I do wonder though, if the model of the 1930s is applicable to todays economy because todays economy is so much more tied to what is going on in the rest of the world. And one would think that if government were able to bring back an economy by spending, we would/should now be out of the recession with 6 trillion in debt spending having been done in the last 5 years.

  • bandersen Saint George, UT
    Nov. 14, 2013 7:53 a.m.

    And yet, Democrats and Republicans, who don't understand social policy or economics, are clueless about history--obviously--as well!