Three weeks ago, Dylan sent me a message and asked the following (see below). This is my response. I’ve been meaning for a long time to ask what you specifically think someone in my position- a young person just leaving high school and entering college- should do to end up in a position similar to…
I’m going to prove that the average school teacher earns more money than Tom Cruise. No, seriously. In my article Exchange Your Best Efforts for the Best Efforts of Others, I was discussing the idea of Ayn Rand that money is a by product of virtue in a free society where no exploitation or theft…
In Surprising Facts About America’s Population, I pointed out that the top 25% of people in China – the gifted students who out-test 3 out of 4 of their classmates – exceeds the entire population of the United States. This raised some concerns about my enthusiasm for the rise of China. I thought it would…
In a major peer-reviewed study from Daniel Kahneman and Angus Deaton from the Center for Health and Well-being at Princeton University, the great debate of psychology – can money buy happiness? – has finally been answered. It turns out, it can up to a point. This isn’t some quick news poll either, it is a…
When I was a senior in high school, I bought my youngest sister a single share of Coca-Cola common stock for her 6th birthday. It’s been a teaching mechanism throughout her life; one that is far more important and beneficial from an academic and educational standpoint than any investment return it could generate.
