Monday, May 21, 2007
As I am finishing up the Spring final grades for Econ 2 online, I’ve been listening to some of the very interesting economics podcasts available on Econ Talk (“economics podcasts for daily life”) hosted by George Mason University economist Russell Roberts. The one hour Econ Talk interview with John Bogle, who is the founder of the Vanguard Funds and the creator of the index mutual fund, is particularly insightful. Click here to listen. This interview is a useful supplement to the material covered in Chapter Nine of the Krugman and Wells Macroeconomics text, which deals with Savings, Investment, and the Financial System.
Summer Session Extra Credit: What is an index fund, and why are index funds important to many individual investors? If you are the first Summer Session student to send me an e-mail (firstname.lastname@example.org) with the answers, you will be rewarded with two extra credit Discussion Board points. Only one blog extra credit question per student can be answered in any given week for Discussion Board extra credit.