by Website Manager | May 19, 2024 | Thoughts & Musings
It takes approximately seven years to get a Ph.D. in economics from a leading school. But it’s borderline fair to say you can capture those seven years in one sentence: If the other guy’s getting better, then you’d better be getting better faster than the other guy’s...
by Website Manager | May 11, 2024 | Thoughts & Musings
Long, long ago, as the story goes, people used to think that finding a perforated coin brought good luck. Think of it as another version of the four-leaf clover. There was once a poor man who had not been very successful in his work and in life. But one day, miracle...
by Website Manager | May 8, 2024 | News
In the heart of the Midwest, storm season is fully underway. What starts as a pretty spring day can quickly change into a storm, rushing every member of the family to seek shelter. Whether you live in the heartland or elsewhere, readiness for any emergency is...
by Website Manager | May 5, 2024 | Thoughts & Musings
It is quite easy to get approval if we ask enough people, or if we only ask those who are likely to tell us what we want to hear. The likelihood is that they will say nice things rather than be too critical. Also, we tend to edit out the bad so we hear only what we...
by Website Manager | May 1, 2024 | Thoughts & Musings
When studying statistics at UC Berkeley in 1947, doctoral candidate George Dantzig arrived late for class one day. He saw two problems on the blackboard, which he assumed were homework, and copied them down. Feeling they were harder than usual, it took him a few days...