When a student is finished with school and moves into adult life, she will be judged not by her ability to perform on a teat of basic skills, but by the quality of her work and her character. Ron Berger Ethic of Excellence, 2001

#mathsforgrowth

Lab mkt #econ3

Learned much about redrafting from Jonathan Firth

The most unspoken silent tragedy that occurred in our society over the past 50 years is that we sent all of our brightest minds to work in finance to raise the return on internally invested capital to 16.55% from 16.35%. Rather than having them work on increasing crop yields,

Mkt power as mkt failure in micro y2 #econ3

Thank you South China Morning Post (esp Alice Li) for a thoughtful, wide-ranging interview From China's "directed improvisation" in an innovation age To a new paradigm for a new global order Not everyone is paralyzed by the polycrisis. I see it as a 𝒑𝒐𝒍𝒚𝒕𝒖𝒏𝒊𝒕𝒚—a chance to ask

Mkt power and mkt failure #econ1 #econ3 on.ft.com/4oyfZ86

It weirdly annoys folks when it’s suggested that explicit instruction tends to end with an application phase that looks a lot like the inquiry based learning they cherish. People want explicit instruction to be a boogeyman to further their science-free agenda.

Macro y2 #econ4

Yet is has 250% debt to gdp and is claimed to be an economic basket case on the brink of collapse for nearly 3 decades 🤷 Do we think mainstream econ might be a busted flush yet?

Macro y2 #econ4

Mkt power #econ3

Powell on sellers' inflation: "Some companies will certainly be taking advantage of the fact that tariffs and all the discussion [...] companies will often cross the street in a group." We have shown how this works analyzing what executives have to say about price hikes.

* 70% believe voters have too little influence over their representatives; * 83% of Republicans say big donors call the shots (80% of Dems agree); * 72% of Americans want to limit campaign contributions (75% D/71% R); 20/

Mkt power #econ3