I just deleted about 8900 comments in the spam folder, and in no time, three more were added. The economics of this are amazing. It’s cheap to send out zillions of messages, even semi-customized ones. But they are obviously ads for junk! Even if you are in the market for Ugg boots, would you be… [Read More]
Blog
McKinsey has an interesting report on China
If you’re interested. It’s a report on the next stages for the country’s growth.
Hot issues in finance, fall semester 2013
At the start of every semester, I ask my students to list some of the top issues in finance. We’ll review the list at the end of the semester to see if the course gave them any insight. Here’s what students in the two sections of the course came up with: AM Section Unionization and… [Read More]
Niger: Nomads of Niger
Niger’s up for exploration this week. It has a population of 17 million people, and it skews young: the median age is 15, no surprise given that the country has the highest birthrate in the world. The per capita GDP of $800 is among the lowest in the world. This isn’t a country that is… [Read More]
Paying for college: Rich people and education
Recently, Allison Benedikt wrote a piece for Slate arguing that if you send your child to private school, you are a bad person. I don’t agree; I’ve never gone to public school and my kid is now in a private high school, and I like to think that my parents are good people and that… [Read More]
