From the "economists told you so pile"...the government of Venezuela set maximum prices for necessary household items, and, if you've been following along with the analysis of price ceilings
, so probably aren't surprised that the country is now facing a national shortage of toilet paper
As an undergraduate, I studied computer science and mathematics. My mother, subsequently, started directing all of her computer tech support questions to me and was, in a way, less than impressed with the education I had received. My father, on the other hand, asks for investment advice whenever I go to visit and doesn't like when my advice is "don't even try unless your name is Warren Buffett." (In related news, check out the Efficent-Markets Hypothesis
Apparently I am not along in this situation, so Greg Mankiw has put together a handy primer on what economists can say about investing in the stock market. My advice is to pay special attention to the part about owning stock in your employer.