What can we agree on about economics?

*** NOTE THE NEW LOCATION!! We're trying out the Atrium on Bay because the previous location was too noisy. ***

A lot of the things we want to discuss are likely to involve economics, so I feel we should try and build up some kind of common understanding. Starting from the basics, how much do we really know and understand about economics, and how much can we agree on before our political differences start to show?

Steve will be moderating this discussion so if he wants to suggest a different topic - or make the focus slightly narrower - that's good by me.