Current Event January 30, 2014
This year's Super Bowl will be held at New Jersey's MetLife Stadium—but many mistakenly believe it will be held in New York. This could have tremendous economic impact on New Jersey since business will flow to Manhattan rather than stay in New Jersey. Listen to this story to hear what the mayor of the host city has to say.
Current Event January 16, 2014
This month, 50 years after a war on poverty was declared by President Lyndon Johnson, politicians are still fighting over how to help alleviate poverty. This week the two major political parties in the U.S. agreed they need to do more to help the poor, but differ on how. Republicans call to repeal state aid and Democrats claim that those safety nets saved the economy.
Current Event December 10, 2013
The California Gold Rush of 1849 inspired thousands of prospective gold miners to move to California in search of wealth. The Gold Rush peaked in 1852, but people still find gold in California rivers. When the U.S. economy was in a recession in 2007 and 2008, gold prices started to rise and a new generation of gold prospectors headed to California. Listen to hear from these modern day prospectors and learn what drives them in their search for treasure!
Current Event November 27, 2013
In life and in math class we use the numerals 0 through 9 every day. They are the basis of our financial system and shape the way we understand value. We have a young Italian mathematician named Leonardo da Pisa, nicknamed Fibonacci, to thank for this. In 1202 he published a book called “Book of Calculation” that introduced these numerals to Europe, replacing Roman numerals and the abacus once and for all. Listen to learn more about the man and concept behind Fibonacci and his numbers.
Current Event October 31, 2013
In the last 30 years the rich have become richer. Lower-income earners gained 18%, the middle class earned 40%, and the top 1% of wage earners gained 275%. What's a good way to illustrate to students how the gap as widened? Candy Corn! Listen to this story to hear an audio graph of the income gap. Then discuss with students what it means for an economy and society with a large income gap and possible alternatives to redistribute wealth more evenly.