Friday, January 13, 2006

Alert! The Federal Reserve Bank of Boston has kid’s books!

I’m having a stunned moment. In my efforts to learn about the Federal Reserve, I checked out the Federal Reserve regional branch closest to where I live (there are 12 Federal Reserve Regional banks spread across the country.) Turns out the Federal Reserve branch in New England, which is in Boston, has a hearty educational program. Who knew? They have free publications for kids including “Banking Basics,” “What is the Balance of Payments?” and even a comic book about economic ideas like scarcity. More on these documents soon as I read the downloads. Im interested to learn about the topics and also to see the assumptions these booklets make about economics and finance.

The Federal Reserve branch in Boston has educational programs on topics like: “Federal Reserve System Overview,” “Introduction to Monetary Policy,” and “Banking Basics.” I spoke to the person who teaches the 90 minutes interactive programs, and he said I could attend an upcoming one.

Plus, there is a program for high school students at the Boston Federal Reserve building called New England Economic Adventure - www.economicadventure.org The "economic adventure" is a contest in which students are given $10,000 to invest in three historical periods in the United States: early industrial, later industrial, and the 1970s. The "winner" is the one who makes the most money from these investments. Why is this how they define winner? Why cant the winner be the one who increases the quality of life for the most people? And how might we measure that?

1 Comments:

Anonymous Anonymous said...

whoa, who knew?

11:29 AM  

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