"econSimulator"
I haven't tried it yet, but it might be useful for showing students that the Fed has a difficult job.
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December 16, 2009
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This simulator might be more fun:
http://en.wikipedia.org/wiki/MONIAC_Computer
Posted by: david foster | December 16, 2009 at 09:39 AM
Pegging interest rates amounts to price-fixing. I'm not one of the End-the-Fedders, but it's not too much of a stretch to compare the Fed's job to the job of Soviet price-setters.
Posted by: Phil | December 16, 2009 at 04:47 PM