Harvard students walk out of Econ class

<p>Students</a> Walk Out of Ec 10 in Solidarity with 'Occupy' | News | The Harvard Crimson</p>

<p>My son just told me about this. Not to open a can of worms, but I think this could be the early beginnings of a trend across the U.S., especially given the number of young people in the Occupy Wall Street movement.</p>

<p>This reminds me of the of the angry mobs in L.A. and Detroit who burned down their own neighborhoods in protest of one thing or another - college students denying themselves education to protest the government bailouts of bank shareholders.</p>

<p>I think we are beginning to see a lot of signs of civil unrest. It often starts with the younger generation who have little to lose.</p>



<p>Huh? How does the student know that the perspective is skewed if she does not know very much about economics?</p>

<p>LOL UCB…are you questioning a Harvard student? LOL</p>

<p>Civil unrest often starts with educated, energetic young people who can’t get jobs. That’s a real recipe for trouble – in Tunisia, in Egypt, in Spain, and here.</p>

<p>NPR was all over this story yesterday, and had an interview with Mankiw, who sounded surprisingly moderate in his views. For me, the whole walk-out was another example of Harvard students taking themselves way too seriously.</p>



<p>JHS - I agree. How many of them have wealthy families and might even be among the “1%”.</p>

<p>Ranks right up there with Kanye West’s participation!</p>

<p>The OWS crowd in L. A. have closed down the farmer’s market that usually used that space, hurting small vendors in vegetables. </p>

<p>The OWS crowd in Oakland vandalized stores and closed a port hurting working class people like truckers and port workers. </p>

<p>Maybe the econ class ought to study that.</p>

<p>Are you only allowed to support OWS if you are part of the 99%?</p>

<p>What did Mankiw say that was moderate?</p>


<p><a href=“http://www.swlearning.com/economics/mankiw/principles2e/principles.html[/url]”>http://www.swlearning.com/economics/mankiw/principles2e/principles.html&lt;/a&gt;&lt;/p&gt;

<p>I think the students who are walking out know enough…</p>

<p><a href=“http://www.nytimes.com/2010/10/10/business/economy/10view.html[/url]”>http://www.nytimes.com/2010/10/10/business/economy/10view.html&lt;/a&gt;&lt;/p&gt;

<p>Do you think students recognize that the 99% goes up to 500k annually…?</p>

<p>[HICKS:</a> Some belated parental advice to protesters - Washington Times](<a href=“http://www.washingtontimes.com/news/2011/oct/18/hicks-some-belated-parental-advice-to-protesters/]HICKS:”>HICKS: Some belated parental advice to protesters - Washington Times)</p>

<p>dstark - thanks for the links. Do you think that link is moderate or not? I am sorry to be so dense.</p>

<p>the guy is spouting the republican "keep your hands off my money or I’ll stop spending it " canard. It is not moderate in my book. No wonder students walked out.
See the disclosure at bottom of the editorial-
“N. Gregory Mankiw is a professor of economics at Harvard. He was an adviser to President George W. Bush.”</p>

<p>I do think there are some moderate things in Mankiw’s list in the first link…</p>

<p>I also think his love of markets and his knock on government are not only not moderate but are too rigid.</p>

<p>I think Mankiw’s editorial in the NY Times is exactly what the 99% is railing against.</p>

<p>Here is this guy complaining that he can afford a tax increase, but if his taxes are increased his kids will get less inheritance…</p>

<p>dstark - thanks for that link. The professor states that higher taxes will make him work less. The students complain:</p>

<p>"It’s a class that’s very indoctrinating, and does not encourage diversity of views. "</p>




<p>I can see why students would get frustrated after reading that essay, where he uses himself as an example of one, to prove his assertion that higher taxes will make high earners work less. I could just as easily… perhaps easier, find someone earning in the 250,000 to $300,000 range who would complain that higher taxes will force him to work MORE to maintain or improve his lifestyle.</p>

<p>Frankly, it’s disappointing to have a Harvard professor waste my time by writing an essay with no research, no data to support his assertion, merely using his personal preference as an example. I would walk out too.</p>

<p>Lower taxes made me work less…</p>

<p>I can’t be the only one who decided to work less because after tax income was higher… :)</p>

<p>Good to see the 60’s coming back - I do miss that decade</p>

<p>My daughter had Mankiw for econ 6 years ago - (when he showed up for class). He was a bonehead then and still is.</p>

<p>Here’s the transcript of most of Greg Mankiw’s NPR interview yesterday. I would characterize this as moderate right:</p>