{"id":203,"date":"2024-05-30T03:28:16","date_gmt":"2024-05-30T03:28:16","guid":{"rendered":"https:\/\/course.oeru.org\/maec103\/?page_id=203"},"modified":"2024-05-30T03:28:16","modified_gmt":"2024-05-30T03:28:16","slug":"complexity-conflict-and-misery","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/maec103\/learning-pathways\/issues-with-monetary-policy\/complexity-conflict-and-misery\/","title":{"rendered":"Complexity, Conflict and Misery"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\"><div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"reading\" src=\"https:\/\/course.oeru.org\/maec103\/wp-content\/themes\/oeru_course\/idevices\/Icon_reading.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Required Readings: Complexity and alternative measurements<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<div class=\"thumb tright\">\n<div class=\"thumbinner thumbnail\" style=\"width:302px;\"><a href=\"https:\/\/wikieducator.org\/File:World_Table_of_Misery_Index_Scores.png\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"\/\/wikieducator.org\/images\/thumb\/a\/a4\/World_Table_of_Misery_Index_Scores.png\/300px-World_Table_of_Misery_Index_Scores.png\" width=\"300\" height=\"310\" class=\"thumbimage img-responsive\"><\/a>  <\/p>\n<div class=\"thumbcaption\">World Table of Misery Index Scores<\/div>\n<\/div>\n<\/div>\n<p>\nMonetary policy, in it&#8217;s very nature, is complex, fraught with unintended consequences, reactions and conflicting goals. These three readings give you some insight into these complexities.\n<\/p>\n<h2><span class=\"mw-headline\" id=\"Policy_complexities\">Policy complexities<\/span><\/h2>\n<p>This, article, from Wikipedia looks at <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/en.wikipedia.org\/wiki\/Quantitative_easing\">&#8220;Quantitative Easing&#8221;<\/a>, one of the unconventional policies the government can adopt to stabilize the financial system in the economy.\n<\/p>\n<h2><span class=\"mw-headline\" id=\"Goal_conflicts\">Goal conflicts<\/span><\/h2>\n<p>Jonathan M. Harris&#8217; article on <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/web.archive.org\/web\/20140822003824\/http:\/\/www.eoearth.org\/view\/article\/154331\/\">&#8220;Macroeconomic Policy and Sustainability&#8221;<\/a> takes a look at additional perspective about macroeconomic goals and the inherent conflict among them as they relate to a global environmental context.\n<\/p>\n<h2><span class=\"mw-headline\" id=\"The_misery_index\">The misery index<\/span><\/h2>\n<p>Finally, this Wikipedia article introduces you to the <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/en.wikipedia.org\/wiki\/Misery_index_%28economics%29\">&#8220;The Misery Index&#8221;<\/a>and gives you some information about its calculations and some historical data.\n<\/p>\n<p>Once you&#8217;re finished your reading, jot down any of your reflections, thoughts or questions on this subject in a WeNotes post.\n<\/p>\n<\/p>\n<div><p>You must be logged in to post to WEnotes.<\/p><\/div>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/p>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.107 seconds\nReal time usage: 1.208 seconds\nPreprocessor visited node count: 116\/1000000\nPreprocessor generated node count: 830\/1000000\nPost\u2010expand include size: 4257\/2097152 bytes\nTemplate argument size: 2783\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:183041-0!*!*!!*!2!* and timestamp 20240529073429 and revision id 1042967\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/maec103\/learning-pathways\/issues-with-monetary-policy\/supply-side-economics-and-taxation\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/maec103\/learning-pathways\/issues-with-monetary-policy\/summary\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Macroeconomics_monetary_policy\/ComplexityMisery\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"620516be5aa916a685ea6ed7dda0163d\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Macroeconomics_monetary_policy\/ComplexityMisery\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"620516be5aa916a685ea6ed7dda0163d\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>\u2190 Previous Next \u2192<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":193,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-203","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/comments?post=203"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/203\/revisions"}],"predecessor-version":[{"id":204,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/203\/revisions\/204"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/193"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/media?parent=203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}