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Interesting Examples

Posted: Apr 29th, 2022 - Modified: May 8th, 2023

While teaching 3102, I’ve given students the opportunity to earn a few extra credit points by finding an example of a real-world event and describing how it is connected to a topic we discussed in class. Most students just discuss the obvious things: the great depression, the 2008 financial crisis, SARS2, etc. But some students write about things which I haven’t heard of, (and collecting these is secretly the reason I give students this assignment.)


  • The Rise, Fall, and Resurrection of Iceland: A Postmortem Analysis of the 2008 Financial Crisis.
  • The Evolution of the Earnings Distribution in a Volatile Economy: Evidence from Argentina
  • Minnesota Public Transport spending
  • Zimbabwe hyperinflation
  • Japan’s Lost Decade
  • CFA Franc and Guinea
  • Brazil’s Plano Real
  • The Economic Effects of Energy Price Shocks
  • Dot Com Bubble
  • “A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits.”
  • Yugoslavia Hyperinflation
  • Tulip Mania
  • China reducing its use of the US dollar
  • SVB Bank Run
  • China’s One-child policy
  • Great Leap Forward
  • Brexit
  • 3M water pollution scandal
  • great depression
  • Invention of coffee
  • Dotcom bubble
  • Russia ukraine war
  • aftermaths of american civil war
  • Jean-Baptiste Colbert and Mercantilism
  • “Bank Tremors Quell”
  • Hurricane Katrina
  • Infrastructure Bill
  • Minimum Wage
  • SVB Bank Run
  • Five Year Plan
  • Argentinian Inflation
  • Fed Raising Interest Rates
  • Automobile Industry Upheaval
  • 1997 Asian Financial Crisis
  • Greek Debt Crisis
  • Post Madoff Reforms
  • London Congestion Tax
  • LTCM Hedge Fund
  • COVID
  • OPEC Oil Embargo
  • Rwandan growth
  • Tulip Mania
  • Tulip Mania
  • Reaganonomics
  • Dotcom Bubble
  • French pension age raise
  • El Salvador and Bitcoin
  • SVB Bank Run
  • Tulip Mania
  • Jordan Belfort and the Stratton Oakmont Scandal
  • Tulip Mania
  • Ditching the gold standard
  • Wang Anshi’s “tender crops law”
  • Effects of immigration in the US
  • WW1
  • Climate Change
  • Someone (Hershey’s?) buying loads of cocoa bean futures
  • Britain ceasing to use roman coinage
  • COVID
  • Nixon Shock
  • Inflation in 16th Century Scotland
  • George Soros and Thailand
  • Hurricane Katrina
  • Recent UK Inflation
  • The Emu War
  • 2011 Japanese Tsunami
  • Cuban Embargo
  • WEF Future of jobs report
  • softsoap
  • South Sea Bubble
  • Vietnam-Era GI Bill (Enlistment lottery and effect on future earnings)
  • SVB Collapse
  • COVID
  • Cod wars
  • “Easy Money Era”
  • EyjaKallajokull eruption
  • Digital RenMenBi
  • Hurricane Katrina
  • Bilateral Trade Agreement between the United States and Vietnam
  • Tulip Mania
  • Kansas Experiment
  • The German economic crisis of 1618 to 1623
  • AI
  • Onion Futures Act
  • US-EU Privacy Shield
  • The iPhone
  • Singapore (free trade but government-owned land)
  • Credit Suisse
  • SVB Bank Run
  • Should Cities pay for stadiums?
  • US-china trade war
  • 1973 and 1979 Oil Crisis
  • Belt and Road Initiative
  • Digital RMB
  • 1997 Asian Financial Crisis.
  • 1973 OPEC Oil Shock
  • Policy changes under Volcker
  • Boston Tea Party
  • Access to Pell Grant Funding for Incarcerated Students
  • 2008 Financial Crisis
  • The Effect of COVID-19 Pandemic on Housing Prices in Bozeman Montana
  • Convention of 1818
  • Reinheitsgebot
  • COVID19
  • Venezuela’s Oil Crisis
  • The Universal Product Code
  • Chinese Covid policy
  • Trade War with china
  • Tulip Mania
  • 1894 Sino-Japanese War
  • Just inflation in general
  • Trump’s election
  • import substitution industrialization in Latin America from the 1930s-1960s
  • Reaganomics
  • Agricultural Adjustment Act
  • The Mississippi Bubble
  • The Great Leap Forward, and ensuing famine
  • Trade War with china
  • Falling Chinese Birth Rate
  • Digital Renmenbi (Chinese digital Currency)\
  • The Failure of the Ofo Bike Sharing company
  • The Black Death
  • Subprime Mortgage Crisis
  • Great Depression
  • El ladrillo, the brick
  • Occupational Licensing
  • Housing Bubble
  • 2008 Housing Crisis
  • The New Deal
  • 2008 Housing Market Crash
  • Sakoku
  • Dot com bubble
  • Suez Canal Crisis
  • Greece and the Eurozone
  • World War II
  • Chinese Covid tax cuts
  • Iceland banking collapse <!– Carey, D. (2009), “Iceland: The Financial and Economic Crisis”, OECD Economics Department Working Papers, Sigurjonsson T.O. (2011) Privatization and Deregulation: a Chronology of Events. In:Aliber R.Z., Zoega G. (eds) Preludes to the Icelandic Financial Crisis. ->
  • 2016 Indian Banknote Demonetization
  • Venezuela Hyperinflation
  • Minimum Wage
  • Venezuela hyperinflation
  • Bretton Woods
  • Tulip Mania
  • Commoditization of Water
  • Southeast Asian Economic Bubble
  • Gamestop
  • China’s monetary policy during 1987 to 2006
  • Just China’s economy in general
  • NFTs, Cryptocurrencies, and the Economic Considerations
  • Stagflation and the Nixon Shock
  • Quantitative easing policy
  • Bretton Woods
  • Post-WWII Japanese monetary policy
  • Ponzi Schemes
  • Biden Covid Stimulus Plan
  • Great Leap Forward
  • China’s One Child Policy
  • Yugoslavia’s 1992-94 hyperinflation, less well known than examples like Zimbabwe and Hungary.
  • Greek Debt Crisis
  • Effect of 911 on NYC economy
  • Venezuela’s Crisis
  • In 175 BC, Liu Heng, aka Emperor Wen of the Han Dynasty, temporarily allowed the private minting of bronze coinage.
  • Bitcoin
  • 2008 Quantitative Easing
  • Silk Road
  • China and the Corona Virus
  • Venezuela Oil Embargo
  • China rural/urban inequality
  • George Soros and the Hong Kong Dollar
  • COVID-19
  • Bretton Woods
  • Brexit
  • Troubled Asset Relief Program
  • National Bank Acts of 1863 and 1864
  • 2016 Indian Demonetization Crisis
  • Great Depression
  • COVID-19
  • World War I
  • Just… all the US recessions handled by the Federal Reserve
  • Modern Chinese Monetary Policy
  • The Nixon Shock

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