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Quotation of the Day

“…being president of the University of California is like being manager of a cemetery: there are many people under you, but no one is listening. I listen to them.” Mark Yudof, President of the University of California , N.Y. Times 24 Sept. 2009.

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What to say in economics seminars

Justin Wolfers writes in the Freakonomics blog that economists should limit their objections during academic seminars to a list of comments to make discussions of research papers more efficient. Here are some of my favorite: Adam Smith said that. Unfortunately, there is an identification problem which is not dealt with adequately in the paper. The […]

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University Professors Subsidized $10,000 on average

A recent study found that the average professor is subsidized $10,554 at University of New Mexico’s Gallup campus.  The “subsidy” is the average professor salary less the amount of revenue he/she generates from grants and teaching classes.  The full article is available here. HT: Marginal Revolution

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