Tag Archives: universities

American citizens and its universities have experienced an ivy-laden ivory tower for the past half century. Students, however, can no longer assume that a four year degree will be the golden ticket to a good job in a global economy that cares little for their social networking skills and more about what their labor is worth on the global marketplace. — [LINK]

“Peter Thiel may be on to something, but all of our kids just can’t up and quit college à la Bill Gates.”

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Education is a bubble in a classic sense. To call something a bubble, it must be overpriced and there must be an intense belief in it.

Peter Thiel: It’s basically extremely overpriced. People are not getting their money’s worth, objectively, when you do the math. And at the same time it is something that is incredibly intensively believed; there’s this sort of psycho-social component to people … Continue reading

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Robin Hanson: My best idea was prediction markets.

Robin Hanson‘s auto-biography (i.e., how Our Master Of All Universes views HimSelf): – Robin Hanson: Do you find it hard to summarize yourself in a few words? Me too. But I love the above quote. I have a passion, a … Continue reading

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Don’t let others dissuade you to create a prediction market startup.

MicroSoft’s Steve Ballmer: My parents thought I’d lost my mind to drop out of Stanford Business School to go to a company that makes software. My dad said “what the heck is software?” and my mother said “why the heck … Continue reading

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George Mason University is *not* in the top 50 graduate schools of economics.

US News & World Report – Rankings GMU is in the second tier, not even ranked numerically. Maybe some of the GMU professors spend too much time blogging (as opposed to producing fundamental and applied research), and maybe some of … Continue reading

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