Test post

Testing Testing 1 2 3 Is this thing on?

Comments

Post a Comment

Popular posts from this blog

Blog Post 9: Principle-Agent model triangles

This variation of the principle-agent model is actually a significant problem that I faced when working as a swim instructor a few summers ago. The two principles that I had at the time were my boss who coordinated the private lessons that we scheduled, the parents of the children that I was teaching. These private lessons were scheduled to be half an hour and the parent is instructed to pay before entering the pool. Each lesson is a flat rate with no discounts given for multiple lessons. It is also the same rate for multiple children to be in the same lesson. As the agent, I was expected to be there 15 minutes early to collect equipment, formulate a lesson plan and then mark out an area of the pool for the lesson to take place in. The pool had to be claimed, because these lessons often occurred during free swim hours at the pool. The conflict between the principles idea of high and low effort usually revolved around the amount of time that the lesson consumed. Even with the 15 minut...
Read more

Blog Post 6: Future Income Risk

I think that a lot of the choices that I have had to make concerning college have revolved around minimizing income risk and mostly one other factor. This factor is what I want to do after I graduate. Since I was a junior in high school I have wanted to create a technique for human embryo genetic engineering. This basically allows for the rewriting of human genes before a person is born. This has limitless potential for lowering cancer rates, heritable diseases (Alzheimer's, huntingtins), disjunction diseases (trisomy 21, 19, 13 etc.) and hundreds of other diseases that are due merely to a change in a few base pairs of a 3 billion base pair genome. Because of this, I chose my majors as molecular and cell biology and economics, so that I could get both a basis for the science side and a small understanding of the business side. My other aim was to limit the costs of getting these degrees. While I had offers at 5 colleges, including two of the top ten ranked programs in molecular a...
Read more

David Ricardo Background Information

Image
David Ricardo was born on April 18th, 1772 in London and died on September 11th, 1823. David was the third child in a jewish family that had immigrated from the Netherlands. His father was a successful stock broker who had made a fortune on the London Stock Exchange. At 14 David began to follow in his father's footsteps, but by 21 they had split due to religious differences. David still did well for himself by making a small fortune, which allowed him time to study his interests such in literature and science. https://en.wikipedia.org/wiki/David_Ricardo At 27, David began to take an interest in economics after reading Adam Smith's The Wealth of Nations . This prompted him to write his first economic article on the bullion controversy. At the time, the banks of London weren't backed by gold and so were generating bills and loaning at an exaggerated rate. The country was deeply divided at the time over whether this was causing the inflation that the country was seeing, o...
Read more