Lately, I’ve been thinking that the conundrum in personal finance is this: tension between living for today and preparing for the future. I have friends and relatives who died long before their time, and friends and relatives who were going strong in their 80s and 90s. I don’t want to be so focused on saving… [Read More]
Blog
A United Nations of desk toys
Pretty fun, huh?
Infrastructure Spending, in China and Elsewhere
China has been spending enormous amounts of money on infrastructure. The US should be spending more money in infrastructure. Brazil is embarking on an infrastructure program in advance of the 2016 Olympics. Is this good, bad, or ugly? For the most part, infrastructure is good. We need roads to get around, railroads and shipyards to… [Read More]
Paying for College: Finding Colleges and Aid
I recently came across a site called Cappex, which helps students find a college that is a good fit and helps them with financial aid. Some high schools offer similar services, such as Naviance, but if your school doesn’t, Cappex looks like a good alternative. Here’s why I think it’s important. First, if a kid… [Read More]
A Chinese Classroom
This was one of my classrooms at Southwest Jiaotong University this summer. It’s so old-fashioned, isn’t it?