The MPC (Marginal Propensity for Consumption) and Economic Stimulus

The other day, I saw a recent video in Khan Academy’s Microeconomics series entitled “MPC and Multiplier” which is about the Marginal Propensity for Consumption (at its most basic level: if you received a windfall of $100 how much would of it would you spend). It’s only a few minutes, and I would suggest watching it before reading the rest of the post:

Ok, with that out of the way, I have a few ideas that I would like to put out there. IANAE (I am not an economist) and I welcome any critique of these ideas, but they seem pretty sensible.

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My International Top 5, with apologies to Antarctica & South America (cross-post)

This was originally posted as my debut post at Higher Ed Music Critics. There’s a wide variety of tastes over there, and it’s totally worth checking out!


Generally speaking, I dislike superlatives because I find that “favorites” come and go, so for this post, I thought I would put a little spin on it: what follows is a favorite artist from each continent, excluding Antarctica (the Amundsen-Scott Jug Band is still working on their debut album), and South America which I have yet to find a favorite on, and don’t want to be all “Oh yeah, I’ve been following Pasa el Paseo forEVER, and by forever I mean 5 minutes ago”, because I’m not a jerk. And I like cookies. and pizza.

penguins.

So, in alphabetical order by continent…

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