Well, it’s the last finally the day of the year. So, here’s wishing you all a safe, happy, and prosperous New Year

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Out With The Old Year, and In WIth The New

Since Unknown University starts (and ends) their fall semester a bit late, I’m just putting the finishing touches on my grades - two classes down and one (the smallest, luckily) to go. It’s been a tough semester - three preps (for the non academics among you, a prep is a unique class - so three preps means I taught three different classes), and one was a brand new one (Fixed Income) for me. I took it because the senior faculty who regularly teaches it took a sabbatical, and it’s required of all our students.

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As The Semester Winds Down

I love living in the NorthEast - it’s where I grew up, and there’s just something about real winter that feels right. But I can do without 3-foot snowdifts in my driveway. Luckily I have neighbors with plows and snowblowers.

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Lots of This White Stuff

The following piece was originally published in John Mauldin’s Outside the Box E-Letter, Volume 6, Issue 3, December 14th, 2009. John’s email address is: JohnMauldin@InvestorsInsight.com. You can decide for yourself if you are a Ricardian (biased toward emerging markets), a Schumpeterian (biased toward growth, technology and health care stocks) or a Malthusian (biased toward commodities).

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Ricardo, Schumpeter or Malthus? by Charles Gave

I’m still in the thick of exams week (one to give today, one Friday, and one Saturday), and they’re not all written yet. But this piece from Burton Malkiel in FT.com was worth highlighting

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Information Traders Must Be Compensated

Paul Samuelson (the first American Nobel Laureate in Economics, and arguably the most influential economist of the 20th century) died today at home at age 94. He was largely responsible for the transformation of economics from a largely descriptive and discursive discipline to a highly mathematical and rigorous one. He was responsible for turning MIT into a world-class economics center - over the years, he played a role in bringing in Solow, Engle, Klein, Krugman, Modigliani, Merton, and Stiglitz.

Here is the original: 
R.I.P. Paul Samuelson