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Category Archive for 'Flotsam and Jetsam'

Diminishing Marginal Utility

Not for this guy!
According to the co-worker, Ronnie Kaplan, the terms of this “low four figure” bet are simple: Scharoff “must eat sausage pizza for every meal during the month of October. The pizza must contain crust, sausage and cheese. All toppings, with the exception of lettuce on Taco Pizzas — yes, he loves them [...]

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Rate Your Students. Maybe this is only funny for my professor friends.

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Charities I Like

Global Giving.

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… would they be eligible for stimulus money too? Somehow I don’t think so.

HT: Ronnie P.

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“Scientists discover beginnings of new ocean.” Read more here. Here is a cool picture.

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HT from one of my students, Chad H.
In class, Rizzo asked us to compare the amount of deaths due to the accident at Chernobyl and the amount of deaths inflicted by Communist rule in the USSR. He then asked why there is such a difference in the way we react to each.
The amount of deaths [...]

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My alma mater is proud to produce socialists. (more here) I must be their biggest regret. Perhaps a bigger pox for them is that I was admitted (in my view) only because I played football. Were it not for that preference, I would not have gotten in. And athlete preferences at places like Amherst totally [...]

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Facial Flex

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Defining Economics

Our registrar has a 1000 character limit on our economics course description for the catalog. I edited what our department had to read something like:
Individuals act with purpose. In a world where there is not enough “stuff” to go around, individuals face tradeoffs. We model how individuals make economic choices: how much to work, when [...]

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But don’t be fooled by randomness. Click down to the two short (25 second) audio clips.

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