Wednesday, October 25, 2017

The Strategic Bequest Motive

October 25, 2017 – by 0
A user of my intermediate macro text writes to me:
I ever instruct the strategic bequest motive inwards intermediate macro, generally because it gets the students to mean value to a greater extent than deeply nearly why people save. While I accept never actually idea that strategic bequests are an of import determinant of savings behavior, this even out inwards today's NY Times moved my priors somewhat.
If y'all don't recall what the strategic bequest motive is, y'all tin expect it upwardly inwards my text, or read the master copy inquiry at this link.
Sumber http://gregmankiw.blogspot.com/

Should I grade this accolade on my CV?

October 25, 2017 – by 0
Peter Wirzbicki reports:
I simply got dorsum from Chicago, where, along amongst assist the American Historical Association, I participated inwards a serial of protests held yesteryear Occupy Chicago, along amongst CACHE (Coalition Against Corporatization of Higher Education) that targeted the American Economics Association (AEA). It's non everyday that the worlds of street protests together with academic conferences blend thus well. But thus again, business office of the indicate was to “puncture the bubble” that academic economists alive in.
The protesters gave out “alternative” awards for Most Conflict of Interests (Columbia’s Glenn Hubbard), Intellectual Narrowness (Harvard’s Greg Mankiw), together with altitude prize, the “Toxic Waste of Space Award” (Harvard/Obama administration’s Larry Summers). Other than a brief yelling tally that 1 protester got inwards amongst a professor, the musical note was calorie-free together with fun. Protesters “accepted” awards acting every bit Mankiw, Hubbard, together with Summers (who reminded us how much smarter he was than us) together with served “Rahmon” noodles, inwards respect of the Chicagoans impoverished yesteryear Rahm Emmanuel’s neoliberal policies. Overall a lot of fun, albeit fun that mightiness get got gone over the heads of the random shoppers on Michigan Ave.

Sumber http://gregmankiw.blogspot.com/
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