Tuesday, August 7, 2012

Dr. Laffer on stimulus spending

Art Laffer has a WSJ piece explaining the efficacy of "stimulus" spending here.  I'm sure there's something he's missing, but the part about taking a dollar from a producer and redistributing it to a non-producer rings true.

If you're wondering where you've heard the name before, he's the guy who suggested that there's a tax rate that maximizes tax revenues, and above that rate folks hide income or quit working (revenues go down regardless).

Wednesday, July 18, 2012

Where is the money coming from, exactly?

Dr. Greg Mankiw of that conservative thinktank that is the Harvard economics department. He has a neat little piece today outlining why we're seeing a retreat from reason in this country (and proving d'Toqueville right).

Here.

Friday, July 6, 2012

Great site for iPad users

I just found a terrific site for iPad users who want to learn about annotating research and writing, etc. on the iPad.  http://academicipad.stevendkrause.com/

I'll never advocate the iPad as a writing tool (typing tool) but it's the ultimate organizing tool.  And as I've mentioned before, iAnnotate makes it the ultimate research tool.  Dr. Krause seems to "get it" with most things iPad.

Plus, you gotta admire someone who wrote their dissertation on a PowerBook 100.

Thursday, July 5, 2012

Hard to believe: Congress was/is on the take! Countrywide paid off Congresscritters

There are several good articles about this one out there today, but the correction at the top of USA Today's page was priceless. Here.

Turns out Congressional types (staffers included) were on the take from Countrywide Financial for years and years and years.  Turns out Fannie was in the middle of it.  Faithful readers of this space won't be shocked.

CIO article on job-hunting tips

This article is for IT types, but most of this stuff applies to all of us.

Take a look here.

Sunday, June 17, 2012

WashPo on new immigration stance, job market

The Washington Post has a good article on the ramifications of amnesty after yesterday's announcement from the Rose Garden.  Print link is here.

Wednesday, June 6, 2012

Online cheating? No way! From Chronicle of Higher Ed

Chronicle of Higher Ed had a piece the other day illustrating the huge risk of cheating in online courses.  It talks about students rotating 5 through a sequence of testing over a semester, with a shallow test bank and with weekly tests.  And using Google Docs to save the exams.

Isn't that an intellectual property issue?  Shouldn't the university be protecting the professors' intellectual property better than that?  That may be a good way to fight this kind of stuff with school administrators I guess.

We all know that there are a bunch of games attempted in online classes.  The obvious one is to just have someone else take the class for you.  [Search "The Shadow Scholar" on Google.]  Many online programs have no way to verify the identity of the test taker, with or without some type of proctoring system in place.  What is this doing to our overall reputation over time?

I get worked up over this because cheating hurts everyone.  The stuff we have to do to attempt to control cheating makes it harder for those students who don't plan to cheat.  Time spent on preventing cheating is time not spent on other more productive class items such as revising podcasts and notes, and working on current events with students.  Cheating takes value away from the better students, and research has shown time and again that leaving courses open to cheating tempts even the best students into cheating behavior at times.  Cheating makes a mockery of the whole system, and diminishes the hard work that 99% of our students are doing in order to better themselves.

I've never subscribed to the "bus" theory, or the idea that eventually a cheater's karmic reward will come in the form of getting hit by a bus.  But I have plenty of colleagues for whom that serves as the ultimate justification of their inaction with respect to academic dishonesty (cheating, plagiarism, etc.).  My other favorite is "the market will sort it out" - which suggests that employers have the ability to tell WHICH undergraduates cheated their way through online classes and which ones didn't - the market doesn't work that way.  Instead, the market lumps all questionable programs together, and punishes everyone equally.  It exists as a "pooling" equilibrium, in the econ lingo.