These are good days for someone who teaches macroeconomics, because it is easy to find articles that misrepresent the basic concepts we teach in class – this always motivates our students who now feel that they can make better arguments than those writing in the financial press. Bill Gross, founder and co-chief investment of Pimco [...] View the full post at: Gross on the Big Mac and QE Related posts: Fed Watch: Zero, But Not Quite Quantitative Easing Global Banks May See Their Balance Sheet Shrink by $2 Trillion in 2009 Johnson and Kwak vs. Bernanke