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This month, in addition to our esteemed Summer Program, we are starting an AIER Winter Program. Our Winter Program encompasses the Applied Economic Research Course and the January intersession, which are both programs we have piloted in recent years.
READ MOREThe Education Division of AIER is not only creating and executing innovative programs, but also conducts scientific research on the impact of those programs on their constituencies. At the recent 2017 annual meeting of the American Economic Association (AEA) in Chicago, I presented the results of the first two cycles of the Teach-the-Teachers Initiative program, “Economics Across the Curriculum.”
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There’s nothing like seeing the sun rise from the windows of the Stone House, the centerpiece of AIER’s scenic campus in the Berkshires. I took these photos this morning.
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In my recent blog about AIER’s approach to professional development workshops for teachers, I discussed an analogy suggested by Fred Ende. He wrote that during the follow-up process, both “regular water — reflection — and sunlight — coaching/support — are needed for the best growth” of a planted seed of a teaching idea. To provide the “sunlight” of additional mentoring support to AIER-trained teachers, I traveled to Chicago to have a discussion with the alumni of the 2016 Chicago Teach-the-Teachers Initiative (TTI) program.
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In our January brief entitled “Why Can’t Americans Save,” I look at the numerous hurdles that different types of households face on the road to financial wellness. My research revealed that the bottom half of U.S. earners, roughly speaking, simply cannot afford to meet the goals experts put forward for saving, investing and debt.
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We’ve written a fair bit about “economic anxiety,” which is concern about one’s economic future. That’s as opposed to the current state of the overall U.S. economy, which by our measure and most others, has been on a slow-growth trajectory. According to our most recent edition of Business Conditions Monthly, our business cycle indicators are well above neutral, which “provides solid evidence that the risk of recession in the months ahead has diminished.”
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The top spot in the biggest category of our 2017 College Destinations Index went to San Francisco, which ranked high in diversity, percentage of college-educated residents, mass transportation, and arts and entertainment options.
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The great state of Colorado played prominently in our 2017 College Destinations Index, as both metro areas won their size categories.
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Our 2017 rankings of top U.S. college destinations includes Ann Arbor as the best small metro. Our team of researchers gave it this ranking in large part due to its high percentage of college graduates among its residents, and high levels of diversity, affordable homes, and lots of restaurant and entertainment options. (Zingerman’s Deli, of course, is a classic.)
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The 1950s and ‘60s were defining decades in the evolution of automotive safety in the United States. Prior to the ‘50s, little thought was given by the industry to passively protecting passengers in the event of a crash. But despite resistance from the American auto industry, safety eventually won out, by popular demand of the U.S. consumer.
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Everyone works hard for their money. They acquire assets and investments with the money that they earn, and hopefully those assets and investments appreciate as they get older. Often times, inheritances from other family members add to the value of an estate. Estate planning is protection of everything you and your family have worked so hard to achieve. Estate planning is not only for the extremely wealthy.
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Americans are living beyond their means more than ever before. In a recent series of articles, The Atlantic Monthly documents “the secret shame of middle class Americans”: spending more, saving less and often unable to come up with even a few hundred extra dollars in the face of a financial emergency.
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