Tuesday, January 3, 2012

Help for the poor and bad incentives

Over Christmas I learned I have a relative who is on food stamps and Medicaid. She is a single mother who could work part-time, but if she did she would lose her food stamps and Medicaid. So when the kids are at school she stays home and watches TV instead of working.

Monday, January 2, 2012

Graduate students should read more books...

...and less journal articles. I say that because I read more books than journal articles, and my work on university committees has taught me curricular should be designed to make students a mirror of yourself!

If I taught a grad course in finance, I would definitely assign Neil Ferguson's "The Ascent Of Money."