Reposted by: Nandini Gupta, Michael D. Bauer
I made a starter pack of academics doing finance research, including finance professors, financial economists, and other economists interested in finance go.bsky.app/944zQWd
Solidarity with everyone who has to lecture in finance classes tomorrow. 🤛🏽
You have a balance of payments lecture in your MBA class today, what do you talk about? Wrong answers only.
I stopped paying attention to Niall Ferguson a long time ago but the evolution of his twitter timeline is too funny to ignore.
The way things are going, will the USD retain its exorbitant privilege? Autocracy does not breed investor confidence. Shrinking the sphere of US influence and the military isn’t going to help. We might be looking at a world of hurt down the road.
And was reminded by a friend how it happened again in 1971. Bengal is still dealing with the consequences of that second forced migration of 10 million people.
Thanks for sharing this Eeshani. My father’s family walked hundreds of miles from East Bengal to get to the border, losing people along the way. They had nothing - ancestral property, generations of family history also all lost. There’s nothing worth emulating from the horrific trauma of partition.
400 million is a third of the population - did NYT add an extra zero
Reposted by: Nandini Gupta
Hundreds of millions of Hindu pilgrims are convening this week in what is expected to be the world’s largest gathering, where a staggering number of devotees, tourists, politicians and celebrities take sacred dips at the convergence of two holy rivers in India.
Maha Kumbh Mela: World’s Largest Gathering Begins in India
About 400 million Hindu pilgrims from around the globe are expected to bathe in and around the Ganges in the religion’s biggest display of unity.
www.nytimes.com
Zuckerberg should change the name of his company from Meta to Beta to reflect his status in the broligarchy 🤣
There’s another replyallocalypse happening on a mailing list no one knew they were on and among others, an econ nobel prize winner and a hedge fund founder have weighed in. No puppies yet.
A great economist and model of honest and decent leadership - something India has not seen since. RIP PM Singh.
Reposted by: Nandini Gupta
Former Indian prime minister Manmohan Singh dies aged 92
Former Indian prime minister Manmohan Singh dies aged 92
The ex-politician was admitted to hospital on Thursday after his health deteriorated
India’s former prime minister, Manmohan Singh, widely regarded as the architect of India’s economic reform program and a landmark nuclear deal with the US, has died aged…
www.theguardian.com
Reposted by: Nandini Gupta
Nine years ago, I was teaching a course at the Kyiv School of Economics in Ukraine. I wasn’t yet the president of KSE, just returned to Ukraine, and couldn’t have imagined the challenges ahead of Ukraine and KSE 1/
Colleges pushing their core curriculum as the broad based education kids need, then admitting 17 year olds whose applications must look like they have a phd and 5 years work experience in one subject.
Relatedly, high school students should not be starting companies and non profits unless it’s their lawn mowing or newspaper delivery business.
hot take: High school students should not be publishing research and colleges should not use high school student research to make admissions decisions. If you solved the Riemann Hypothesis, sure. Otherwise, stop this insanity.
hard to say but there’s a reason wealthy parents send their kids to these feeder schools.
A friend from #1 big city private school told me that princeton harvard yale AOs came to talk to their kids about how public school students more likely to be admitted. Didn’t occur to her that these AOs wouldn’t ever show up in our public indiana school. 😂
fyi that % of yale’s 2024 class from private high schools.
Selective LACs not much better. Private high school admits in pomona’s 2024 class = 36%
Selective LACs not much better. Private high school admits in pomona’s 2024 class = 36%
% of high school students in private schools in the US = 9%
% of high school students in private schools admitted to Yale in 2024 = 40%
% of high school students in private schools admitted to Yale in 2024 = 40%
Good idea. Using sentiment analysis @israelsen.bsky.social, eitan goldman and I found that the same corporate financial news is covered differently in the NYT vs WSJ based on corporations’ politics www.sciencedirect.com/science/arti...