Economic Harmonies Part III: – Making the World Harmonious

April 21, 2012 2 comments

Hello All,

First off: We have changed our meetings to Mondays at 6pm, due to there being a lot of other events on Thursdays.

This week we continue looking at the Economic Harmonies:


-> Remember how economics teaches us The General Gain From the Existence of Others?

-> Remember how the Division of Labour makes us all more productive?–How Comparative Advantage and the Pyramid of Ability show us we all have a place in production.

-> How trade raises the value of everything–Remember the Double Thank You Moment.

-> And remember the Miracle of Breakfast?–and how “Paris Gets Fed.”


Well, this week we look at the foundations which the very existence of all of the these miracles, and all of the Economic Harmonies we’ve talked about, rest upon.


Date: Monday, 23rd April

Time: 6pm

Where: Seminar Room 219, Level 2, Business School Building


Come along this Monday to continue your exploration of economics, and hear about these very special six things.

We look forward to seeing you there.
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Weekly Meeting – Hayek vs Keynes Debate

April 18, 2012 Leave a comment
This week we are going to be watching a couple of rap videos. Yes, that’s correct, rap videos.
These videos look at the debate between two conflicting schools of economic thought. The rap is a battle off between Hayek and Keynes, proponents of the Austrian and Keynesian schools, respectively.
We will discuss the key differences between these schools of thought, some of their implications, and the story behind this historic debate.
Date: Thursday, 19 April
Time: 6pm
Where: Case Room 3, Level 0, Business School Building
So come along for an interesting discussion and (more importantly) some quality music.
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Weekly Meeting – Greed, by John Stossel

Hello Everyone,

This week we are going to be watching a video called Greed, by John Stossel.

It will look at such questions as: Is greed good or bad? What are the implications of greed on the the economy?

Where: Case Room 3, Level Zero, Business School

When: Thursday, 5th April

Time: 6pm

Also, lecture material and other interesting links are up on the blog now. I will be adding to these over the holiday.

For those of you who are on Facebook, please take part in the poll regarding which day we should hold our meeting. If you do not have Facebook, you can email us.

Look forward to seeing you there

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Why Does Economics Matter?

March 14, 2012 Leave a comment

  “Why should we study economics?”    …    “Why does it matter?”   …


If you want to win a race, you have to get to the start line. Likewise, if you want to know why economics matters—and why good economics matters most—you have to start at the very beginning.


This week we discuss the very foundations of economics: and you’re guaranteed to come away with some surprises!


When: Thursday, 15 March 

Where: Case Room 223, Level 2, Business School Building

Time: 6pm


Look forward to seeing you there.



PS: Everyone attending tomorrow goes in the draw to win a copy of ‘Economics for Real People’, by Gene Callahan. Don’t miss out!

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Welcome Back to Uni for 2012 – Details of First Meeting

Hi there,

Thanks for stopping by our “Economics for Real People” table at theBusinessSchool’s orientation week.

First, the important news:

In this week’s seminar we will provide a framework for viewing economics and briefly look at the range of schools of economic thought. Then we will look at a simple economic idea (a small story in fact) that was formulated over 100 years ago, but today is almost forgotten.  This simple story may very well change the way you view economics. It certainly has done for many who have heard it.

One lucky person will win a copy of the timeless book “Economics in One Lesson” along with $50 in cash. So come along and you could be the winner.

Date: Thursday, 8th March
Time: 6pm
Where: Case Room 2, Level O, Business School

What we are all about:

For many of you this is your first year at university. For others, it is your second or even third year. But what is important is that each year at university you continue on this fascinating intellectual journey where you learn about ideas and more importantly learn to challenge those ideas with honesty and intellectual rigour. That was why we, as students, established this group. We hope that what you learn here will play an important part in your intellectual journey and guide you in whatever field you choose to work. And we’ll do that in a fun and interesting way.

On the internet:

Visit us on Facebook to keep up-to-date with our programme for the year:

We also have a blog:


So visit us on Facebook (search for ‘Auckland Economics Group’), and come along and to our first meeting this Thursday night (where you can go into the draw to win a classic book and $50 in cash).

See you there,

The University of Auckland Economics Group

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Lawrence Read – Money & Inflation

September 27, 2011 Leave a comment

Hi all,

Here is the video from yesterday evening, in which Lawrence Read talks about how money has always been, and should always be, strictly a market phenomenon.

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History of the Business Cycle

September 19, 2011 Leave a comment

Hi all,

 In recent weeks we examined the causes of the booms and busts that seem to be becoming more frequent. We spent time examining The Great Depression and the role of the Central Banks at that time. But a good question asked by some in those seminars was whether there were booms and busts before central banks were created.

The answer to this requires a study of history and specifically of the history of business cycles in the United States. So in tonights seminar we will look back in time to see what we can learn from the past. While the examples will be based on US history,  virtually all the same things can be said about the UK and NZ. We will discuss what lessons we in New Zealand can take from the US experience.

Time: 6:00pm

Date: Tuesday 20 September

Location: Case Room 1, Level 0,

University of Auckland Business School

Look forward to seeing you tonight.

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