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Showing posts from October, 2017

Risk

To me college is an investment. While I may have fun at college, make friends, and sometimes ignore classes. I am at college first and foremost to get a degree. There is ample evidence that a college degree will result in larger earnings throughout my life, and that it is a smart investment. I choose my major (economics) with this mindset. I wanted a major that I enjoyed, but I also wanted a major that I would be able to profit from throughout my life. This mindset also impacted what I did over the summer. I have taken summer school three out of my four summers, to be able to allow to me graduate this semester. I also worked at the same company for every one of those summers to build relationships. I have been lucky enough to be able to graduate without any debit. I say all of this to demonstrate that the last four years of my life has been to reduce income risk. I invested the last four years of my life into college as a way to try to improve my future. To achieve this, I have made t...

Connecting the dots

The most obvious themes that I saw with all my blog posts were economics and how organizations work. Since that is the name and the purpose of the class I do not think that this is what was meant by the prompt. I am going to assume that everyone in this class has written about those themes in each of their posts. In all my blog posts, I have loosely touched on opportunism and/or the lack of it. I do not think that I have done a great job explaining that in every one of my posts, but each one of my posts talks at least alluded to it. I think that opportunism is a part of working as a group, and while I may not have noticed or talked about it in my earlier posts it definitely was on my mind and influenced what I was writing. I also loosely talk about how organizations are structured in my blogs. Every one of my posts talks about a different group I have been a part of. I then talk about the way that those groups functioned, who was in it, and what the purpose of the group was. Like oppo...

Illinibucks

I think the idea of Illinibucks is an interesting one. While it might not be the first thing that must be addressed, the distribution of Illinibucks would be a long, and difficult system to establish. That said it makes sense that you would use the current system as a basis, and simply try to make the system compatible with Illinibucks. I think you would have a “standard package” of Illinibucks, you would then add to that package every time someone should receive priority. People who receive priority in the current system would receive some amount “x” more than the standard “Illinibuck package”. This would mean that senior would receive more than a freshman, honor students would receive more than non, and students with special needs would receive more than those who do not have any. It would then be a matter of deciding what could and could not be bought with Illinibucks and then assign values to each of those things. I do not think any of this would be easy or simple. The Illinib...