Show me the money!

The Fed is up and talking again. Surprise surprise. Though meetings of the Federal Reserve have become more and more open to the public eye in the last decade, there are few signs that changes in fiscal policy (government money management) are going to have any immediate--or even particularly soon--effects on this nation's economic state. All views aside, though, one thing is certain; the economy is improving, slowly and surely, improving. Higher prices can be healthy, such as those of gas; the most effective price for gas, with pollution and excessive transportation accounted for, is close to six dollars a gallon, which is far from what we're facing right now, though the public would never stand for six bucks for eight miles out of an SUV. All in all, I think people need to learn why economics is a study of the efficient allocation of goods in conditions of scarcity, and not the excessive use of goods in times of instability. Here are two articles that relate to the contents of this post, first on the Fed, and second--a Freakonomics article on gas.