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Greg Mankiw, the most popular Econ teacher in Harvard, having fun on April Fool’s Day. A classic one . No wonder he is so popular :-). In any case, part of the secret is: give some attention to your students!
Category: Nobel
Quote for week 25th to 31st March ’07
The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both.
Milton Friedman
→ Read more Sometimes learning is costly…but always worthwhile!
This is about a nice interview with Economics Nobel Laureate Myron Scholes, in the WSJ Editorial Page. I think the way the interviewer introduces Scholes is just great:
You know him better as a winner of the Nobel Prize in economics.
→ Read more Quote for the week 18th to 24th of Feb ’07
Brinkmanship is thus the deliberate creation of a recognizable risk, a risk that one does not completely control. It is the tactic of deliberately letting the situation get somewhat out of hand, just because its being out of hand may be intolerable to the other party and force his accomodation.
→ Read more Milton Friedman Day: Jan 29, 2007
Mark your calendars for “a day of national celebration and remembrance of Friedman’s life and his influence on American society and economic systems”. See also Dubner’s entry about the event, on Freakonomics.
→ Read more