[PEN-L:28367] RE: Re: Yale men

["Devine, James" <jdevine@xxxxxxx>]

Title: RE: [PEN-L:28366] Re: Yale men

> Eugene Coyle wrote:
> >Is taking care of yourself by screwing associated investors taught at
> >Yale?

Doug writes:
> I didn't take that course - maybe Jim Devine did. I got intro macro
> from James Tobin, money & banking from Henry Wallich, intermediate
> macro from William Nordhaus, and none of them uttered a word on the
> topic. Tobin did do a pretty jazzy mime of pushing on a string,
> though.

At Yale, the economics courses were pretty good, especially those by folks from the Growth Center. (There was a prof. named Vahid Nowshirvani, I believe, who talked a lot about dialectics.) In intermediate micro, they didn't teach us to be greedy, nasty, brutish, or short. Instead, they taught us that the constrained maximization model could give insights into all sorts of situations, including those involving altruism.

Since I left, they opened a business school (though it was called something else, for respectability's sake). They probably have course on Greed 101.

One of the big things I learned at Yale was to have a visceral distaste for preppies and rich people, and for pretentious people in general.

Jim