Word: towardness
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...summer, she interned at the Yale Investment Office—an experience that she credits with piquing her interest in finance. Ralph Earle III ’79, Mendillo’s husband whom she met in graduate school, says at one point she weighed the possibility of working toward a Ph.D. in English literature. But after being lured into the world of finance, Mendillo chose to pursue an MBA at the Yale School of Management and worked as a summer equities analyst on Wall Street, where she says she loved “delving into the details of earnings...
...recent interview that he played his part “behind the scenes” in getting Ec10 approved. According to Hall, administrative pressure forced Harris and Kenen to approve Ec10. Harris did not inform the committee until the fall that the class had been approved to count toward either “United States of the World” or “Empirical and Mathematical Reasoning” if taken for the full year—but not both. Kenen, Harris, Miron, Stock, and Mankiw all declined to comment on the specifics behind Ec10’s approval.Since...
...public sector, and ineffective government recruiting. For example, private companies extend job offers far more speedily than the federal government, which can often taken nine months to conclude the recruiting process, Ellwood said. The mere weeks a private firm like McKinsey takes to make an offer can push graduates toward the private sector. And McKinsey can also pay a larger salary, Ellwood added. “We have to do better than that if we really want the best,” he said. Ellwood has been focusing on public service at the Kennedy School over the last year...
...historical anomaly and not as a recurring event.But at the same time, economics as a field may be predisposed against forecasting the once-in-a-century catastrophes that result from market imperfections reinforcing one another.“There has been a visceral reaction of many economists toward building market frictions or inefficiencies into their models—but that’s changing,” says outgoing economics chair James H. Stock, pointing to the significantly higher degree of difficulty involved in solving models that include the possibility of extremely unusual phenomena.Other economists may not be asking...
...Flores is more reserved.And it’s partly circumstance.Rather than network with administrators, Flores made it her stated priority to focus on relationships with students. But in a semester defined by planned reductions in College spending on student life, Flores was forced to refocus her attention toward College politics, though perhaps too late.Flores and her Council found themselves without a seat at the table when decisions were made, generally unable to influence policy until news has already been delivered to the student body’s inboxes.“On a couple matters, albeit somewhat important ones...