education

I have been fairly sanguine about some of the market turbulence in 2013. From the fiscal cliff to the sequester to the Japan rate rise to the Fed tapering, I haven't seen a trigger for wholesale risk repricing. I want to flag student loans…

Yves Smith has an interesting post out asking whether student loans are going the way of subprime, potentially triggering another financial crisis if the US goes into recession. I think it's a good question to ask in light of my last weekly…

This is what American education now feels like

Here’s an interesting video clip that reinforces our view that almost all new innovation and technology is labor saving/destroying and that U.S. unemployment is much more structural than most perceive (click here to view video). Even the…

This is pretty funny. (Hat tip Scott)

The U.S. labor market will not return to full employment (defined as a 5% unemployment rate) by following a "business as usual" course. In conjunction with reforms to the U.S. education system to ensure that the workforce has the needed…

Conan O'Brien was the commencement speaker at Dartmouth College on Sunday. Very cool. So how did Conan do? Apparently, he was hilarious. Take a look.

By Rick Bookstaber In the Ming Dynasty, (1368 – 1644), China established an examination system as a merit-based approach for appointments to government office. There were three levels to the exams, with the final cut then coming through an…