Joe Schneider will be discussing macroeconomic theory, and how to apply it to your world model. Some topics include:

-different colors of money

-idealistic supply/demand curves

-special cases of supply/demand

-actual official definitions (rather than LWisms)

-how markets break (and what you can do about it)

"I am decidedly in the Keynesian camp, but I will include an explanation of supply side theory as well. It is important to at least understand how other people think before rejecting it. If you are a supply sider, please come and correct me.

For those of you already familiar with macroeconomic theory, this will mostly be a review. However, I encourage you to come and share your insights on this critical topic."

Cambridge/Boston-area Less Wrong 2nd and 4th Sunday meetups are at 2pm in MIT's building 66 at 25 Ames St, room 156. Room number subject to change based on availability; signs will be posted with the actual room number. Meetups on other weeks are at Citadel in Porter Sq.

Our default schedule is as follows:

—Phase 1: Arrival, greetings, unstructured conversation.

—Phase 2: The headline event. This starts promptly at 3pm, and lasts 30-60 minutes.

—Phase 3: Further discussion. We'll explore the ideas raised in phase 2, often in smaller groups.

—Phase 4: Dinner.