Saturday, June 19, 2021

Billionaires’ Undergraduate Majors: Economics Topped The List

The first caveat is that correlation does not mean causation. Did the economics major enable these people to become billionaires? Or did the people with the ambition to become billionaires choose the major because it seemed most likely to help them? Perhaps they would have succeeded whatever their major, or maybe their success was a little due to their major.

Harvard was the most common undergraduate university for the billionaires in the sample, and again we must ask: Did the Harvard education make the difference in these people becoming billionaires? Or do the people with the brains and determination to become billionaires easily win admission to Harvard?

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Publisher: Forbes
Date: 2021-06-19
Author: Bill Conerly
Twitter: @forbes
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Letter to the Editor: Governor and her team need an economics lesson

Her latest plan to pay "workers" $300 in weekly unemployment benefits if they work part time may get a few folks off the couch, but doesn't fundamentally address the issues of small business, which desperately needs full-time employees they can't currently find.

This "subsidize part-time work" plan also gives employers an excuse to pay part-timers less initially and allow the taxpayer to pick up part of the tab, and is yet another well-intentioned but misguided effort to use tax money to force employers to raise wages for workers.

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Publisher: Crain's Detroit Business
Date: 2021-06-20T00:02:00-0400
Author: Steve Brownell Detroit
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Book review of The Secret History of Home Economics: How Trailblazing Women Harnessed the Power

After the Civil War, women trickling into co-ed land grant and historically Black colleges could study "domestic science," which taught the homesteading skills necessary for survival in agricultural areas. At some universities, it provided a way for women to study science. Ellen Richards, one of the discipline's founders, managed to gain status as a "special student" at MIT studying chemistry in the 1870s.

Home economics demonstrated its usefulness to the American war effort in both world wars, with specialists employed by the federal government to work in food conservation and to organize the production of uniforms and surgical supplies for the military. Eleanor Roosevelt added further significance to the profession by singling out the work of home economists for celebration and inspiration as "an education in democracy."

Publisher: Washington Post
Date: 2021-06-17T15:01:30.000Z
Twitter: @WashingtonPost
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WVU college of business and economics names new leadership | Saturday News | timeswv.com

Joshua Hall, left, and Jim Hoyer will take the lead in key areas of business education and innovation for WVU following the announcement Dean Javier Reyes will become provost and vice chancellor for Academic Affairs at the University of Illinois-Chicago.

MORGANTOWN — Officials at West Virginia University have made two promotions in the aftermath of Javier Reyes' departure as Milan Puskar Dean of the John Chambers College of Business and Economics.

Publisher: Times West Virginian
Date: Times West Virginian
Author: Times West Virginian
Twitter: @TimesWV
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Reich: Burrito economics: Republican claims about price increases don't hold up | Columns |

You heard me right. The National Republican Congressional Committee (NRCC) issued a statement Wednesday claiming that Chipotle's recent decision to raise prices on its burritos and other menu products by about 4% was caused by Democrats.

"Democrats' socialist stimulus bill caused a labor shortage and now burrito lovers everywhere are footing the bill," NRCC spokesperson Mike Berg said in the statement.

Apparently Republicans have finally found an issue to run on in the 2022 midterm elections. Dr. Seuss and Mr. Potato Head weren't gaining enough traction.

Publisher: Casper Star-Tribune Online
Twitter: @cstribune
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Forget economics and politics — the West's real problem is a moral one | Comment | The Sunday

Yet I would like to suggest that the result in Chesham & Amersham might be the first sign of a deeper shift in the tectonic plates. A result that hints at a growing unease in voters, the sense that we have, for some time, been complicit in a slow-motion car crash. A malaise that, at the risk of sounding highfalutin, encompasses the decline of the West and

Date: The Sunday Times
Author: Matthew Syed
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Strategic Investment Potpourri - Mauldin Economics - Commentaries - Advisor Perspectives

Build to Rent On Day 1 we heard from two of the country’s top residential real estate experts: Barry Habib and Ivy Zelman. I invited them because housing is both personally important to most people and also an important (and neglected) investment opportunity.

I shared some of Barry Habib’s wisdom back in April (see Tiny Housing Bubbles ), and he expanded on those ideas at SIC. I want to draw your attention to Ivy’s presentation because she talked about something new: the “build-for-rent” segment. Large investors are building single-family homes not to sell, but to rent. This concept has been growing for several years and has now really caught on as the potential investment returns become so clear.

Date: 2021-06-18T21:37:04-04:00
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The Future of Remote Work in the Region -Liberty Street Economics

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Liberty Street Economics is now available on the iPhone® and iPad® and can be customized by economic research topic or economist.

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Jointly Modelling Economics and Epidemiology to Support Public Policy Decisions for the COVID-19
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Publisher: Docwire News
Twitter: @mydocwire
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What The Samudra Manthan Teaches Us About The Economics Of Bubbles

Following the advice, both groups went to the great ocean and churned it to draw up its gifts (sagar manthan). During this exploration, they discovered a multitude of wealth and resources. The goddess of wealth Lakshmi emerged from the waters, as did Amruta (an elixir that would immortalize anyone who drank it) and Vish (venom that would destroy anyone who consumed it).

The sagar manthan basically symbolizes collaborative effort; setting aside differences and parochial interests, to find the solution to a common problem. Examples of such problems include devastating wars like the World Wars, and pandemics caused by bubonic plague, smallpox, HIV/AIDS or COVID-19. The experts, irrespective of their ideologies and affiliations, collaborate to find solutions like vaccines, nuclear deterrents, globalized markets, etc.

Publisher: Moneycontrol
Twitter: @moneycontrolcom
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