The handy FinAid calculator may show that your family will get little or no financial aid for the college of your kid’s dreams. It happens, and many families are surprised when it does. They may not think of themselves as rich, or maybe life got in the way of saving money. Furthermore, colleges expect that… [Read More]
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Life is fair, mathematically speaking
Too many people I know and love are dealing with too many awful things right now. And so often, when discussing these situations, someone says, “life isn’t fair.” I disagree. But not in the sense of reward and retribution. Rather, stuff happens to us all at random. When I hear “life isn’t fair”, I think… [Read More]
The world’s oldest economics joke
Two economics professors are walking down the street. They see a $20 bill on the sidewalk. One stops to pick it up. The other says, “Don’t bother. If it were real, someone would have picked it up already.” The first professor picks it up anyway, sees that it is real, turns to the other and… [Read More]
So I bought a Zimbabwean 100 trillion note on eBay
Picture to follow when it arrives. It was $5.95. If the seller were the Zimbabwean government (it’s not), I’d think that it was a revenue-raising gimmick, the way that so many small countries produce stamps for collectors.