I do not know if this is the right place for this thread, but I think it could prove beneficial to the Senate community. I do not understand economics. I am reading a Noam Choamsky book about Neo-liberalism and the global order, but my Christian friends say he is a heretic and not to be trusted. Anyway, my point is this: can we have a conversation/debate about the basics of economic theory, and how it pertains to current events? Here's where we can start: The U.S. economy. I hear we have some problems. These are the problems I have heard the most about: I. We have a big national debt. Why is this a problem? Who do we owe money to? Why did this happen? II. We are in a recession. What does this mean? Why did it happen? How can we fix it? III. There are some crazy guys saying we should go back to the Gold standard, inflation is evil, and free market ra ra ra. Are these guys actually crazy? Why? What is the gold standard? What are some questions you have about economics or current events? Or what are your answers to these questions?