Public and private money should not be looked at as competing with one another, but instead as potential partners. The authors argue that public and private money have previously been considered to be in a tug-of-war, each trying to gain majority-usage. Instead, it is put forth that a “symbiotic relationship” is needed; with public money representing “stability and efficiency”, and private money spurring “innovation and diversity”, the two form a natural equilibrium that keeps each in check. Read full article here
Education
Overcoming Bias
Kai Cheng’s professor had a brilliant scheme. In his first lecture, he promised that each lecture would feature a “Lie of the Day”. But why? It made his students more attentive and analytical, poring over every detail of his lecture and making sense of why things were true. It was such a powerful teaching method that his students digested his most technical lectures quite easily because they tried so hard to catch his lie. The kicker? There was no lie in that first lecture; he had lied about that too! Read full article here
Merv
August 17, 2022
