Reading Time: < 1 minuteAs schools around the country get ready for summer break, discussions of education reform are coming to the forefront: http://www.good.is/post/is-an-occupy-teach-for-america-movement-brewing/ I have friends and family who have participated in Teach For America and similar initiatives. The reality isn’t pretty.
Teach For America and Education Reform Read More »
Reading Time: 3 minutesPreface:The following post pertains more to public schools than private education. Many of the ideas presented are relevant for both. “Teachers are underpaid.” A common refrain, but is it true?
Teachers: Overpaid or Underpaid? Read More »
Reading Time: < 1 minuteOne of the most pervasive economic myths of all time: http://youtu.be/SjRTvX-wbtU?t=55s It’s the Fixed Pie Fallacy. The ranter’s anger is understandable, but misplaced. The CEO does an excellent job refuting the points of the Occupy Wall Street faction. Schiff–and the segment of the population he represents–isn’t the root cause of the recession. Need help with a
Occupy Wall Street Tangles With A One-Percenter Read More »
Reading Time: < 1 minuteDecember 2011 saw the re-launch of one of the most popular pair of sneakers of all time. The release of the Air Jordan XI “Concord saw mini-riots and consumer craziness in cities across the country. Long lines are the norm for the release of a highly-anticipated consumer good. So is widespread disappointment. The onllne marketplace
iPads and Jordans: The Economics of Hot-Ticket Items Read More »
Reading Time: 3 minuteshttp://consumerist.com/2007/03/walmart-gives-up-no-stores-for-new-york-city.html Wal-Mart and other big box stores face staunch opposition in many counties in the United States. Rallies and other public displays of anti-Wal-Mart sentiment are common. It’s unfortunate considering all of the benefits Wal-Mart brings to town. Hop off that high horse. Think for yourself. Wal-Mart provides a valuable service to citizens, despite what pro-union factions,
In Defense of Wal-Mart Read More »
Reading Time: < 1 minuteOctober 1 was the 51st anniversary of Nigerian Independence Day. Yes, I’m Nigerian. And no, our main export is not “internet scams”. Read up: http://en.wikipedia.org/wiki/Nigeria#Key_sectors Need help with a problem or goal? Click here to learn more.
Nigerian Independence Read More »
Reading Time: 2 minutesFixed Pie Fallacy: The belief that there exists a finite amount of wealth in the world. An increase in the wealth of one party necessitates an equal reduction in another’s. The Fixed Pie Fallacy is one of the most pervasive myths in the world today. We cringe when we hear statements like “the wealthiest 5% of Americans
Why You Shouldn’t Fret When The Rich Get Richer: The Fixed-Pie Fallacy Read More »
Reading Time: 2 minutesOne important phenomenon evident in every society is the Tragedy of The Commons: Individuals pursuing their own self-interest will completely diminish a common good over time, unless behavior is regulated.
“What’s Mine is Mine;What’s Yours is on the Table”: Tragedy Of The Commons Read More »
Reading Time: 2 minutes‘Tis the season for graduation. Many folks will be pursuing a baccalaureate or master’s degree in the fall. Here are a few courses everyone should sign up for regardless of major or specialization. In no particular order….. Social Psychology: Not only will you be introduced to the many biases and idiosyncrasies that govern human behavior,
Five Courses Every Student Should Take in College Read More »