Money and Financial Lifestyle

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).

Go here to see the original:
Ricardo, Schumpeter or Malthus? by Charles Gave

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

For a number of reasons, I haven’t been blogging much: First off, I’m still in post-semester recovery mode. This happens every Spring - after the semester is over, I need a week or two to decompress, clean out the detritus of the year from my office, and kick back a bit before refocusing on my summer research goals. This time around, between the timing of exams and faculty meetings, it was worse than usual.

More here:
Interestign Times In The Unknown Household

Here’s a short “Crash Course” interview with Nobel Laureate Myron Scholes, conducted by Deborah Solomon.

Read the original:
Q&A With Myron Scholes

We’re off to a neighboring state to visit my mother for Mother’s day. It’ll be the first time my side of the family gets to see the Unknown Baby Boy in person. As for the rest of my life, I have a final exam to write for Tuesday, followed by an executive education class on Wednesday, a Faculty retreat on Thursday, and a trip to Six Flags in Lake George over the weekend (Unknown Older Son is a big Loony Tunes fan, and we wanted to go there before his stem cell transplant in early June).

Original post:
Happy Mother’s Day

I thought I’d put a few impressions of the EFA conference from this past week. While pretty short, it was a very good time: catching up with old friends, making some new ones, getting a lot of work done, and SLEEEEEP! Because of all the other stuff going on in the Unknown Household, I was only able to get away for a day, so I took an early Friday flight to Baltimore, followed by the train to Washington. I arrived at the conference hotel just before lunch

View original here: 
A Good Conference, Followed By More Crazy

One of the hot stories this last week was that the Obama Administration had supposedly pressured and/or threatened hedge fund managers who held Chrysler debt.

Here is the original post:
Hedge Fund Manager Clifford Asness Pushes Back At Obama

I recently started reading Goldstein, Martin, and Cialdini’s “Yes!: 50 Scientifically Proven Ways to Be Persuasive.” It could easily be described as “Freakonomics for Social Psychology”. It’s a fun, easy, and very informative read, with each chapter only about 1500-2000 words long, and highlighting one persuasion technique. So, you can knock out a chapter in 10 minutes or so

Read more from the original source:
Using "Yes! 50 Scientifically Proven Ways to Be Persuasive" In The Classroom

Once again, it’s that happy time - the end of the semester at Unknown University. I teach my last classes tomorrow - in one, I hand back some assignments and talk about the final (that means today is all about the grading, and in the other (the student managed fund), I hand out stock assignments for which they must come up with final analyses. As always, the last week was crazy - the student-managed fund class makes a presentation to the Alumni at the end of every semester, and it’s always a mad rush to get it done.

Read more from the original source:
We Are In Final Approach

I’m a flaming extrovert: I strike up conversations with people waiting in line, with the guy (or gal) in the seat across the aisle on planes or trains, and in general with almost anyone I spend some time with. The good thing about this is that I find out a lot about people, and much of it is pretty interesting. Last night, I was on the train, and I started talking with the guy across the aisle

Read the original here: 
Marital Insurance