Assorted Links

Assorted Links (9/5/2009)

Here’s a list of articles that I have been reading today (organized by topic):


New York Times: “If you have paid college tuition recently, you probably have questions. Where does all that money go? And why doesn’t the price tag ever fall?”

UT-Austin economics professor Daniel Hamermesh provides an interesting “real world” example of a so-called “two-part tariff” involving revenue sharing arrangements between a local artist and the University of Texas.

Health Care Reform

Wall Street Journal: “We don’t need radical change. Subsidies and high risk pools can get the job done.”  The proposal outlined by Messrs. Shadegg and Hoekstra bears a remarkable resemblance to the Mackey and Garven “plans!


Wall Street Journal: “Steve Malanga writes about what Alexis de Tocqueville and Max Weber would think of America today.”

  • Two Mongolias, from the Boston Globe’s “Big Picture” blogsite

Boston Globe: “Mongolia (the independent nation), and Inner Mongolia (a neighboring autonomous region of the People’s Republic of China) share a common history and geography, and have both evolved in recent years, centering much of their growth on their famous culture. Mongolia is a young democracy – its 1990 revolution less than 20 years old now – formerly a Soviet-backed communist republic, and much earlier ruled by many different dynasties back to Genghis Khan in 1206. Inner Mongolia continues to undergo a cultural shift as ethnic Han Chinese now make up nearly 80% of the population, and efforts at retaining Mongolian culture are being undertaken. Collected here are a number of recent photographs of these two Mongolias. (33 photos total).”

Political Economy

Wall Street Journal: “The former head of the Government Accountability Office is on a crusade to alert taxpayers to their true obligations.”

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By Jim Garven

My name is Jim Garven. I currently hold appointments at Baylor University as the Frank S. Groner Memorial Chair of Finance and Professor of Finance & Insurance. I also currently serve as an associate editor for Geneva Risk and Insurance Review.

At Baylor, I teach courses in managerial economics, risk management, and financial engineering, and my research interests are in corporate risk management, insurance economics, and option pricing theory and applications.

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