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	<title>Business Pundit &#187; Academia</title>
	<atom:link href="http://www.businesspundit.com/category/academia/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.businesspundit.com</link>
	<description>Entrepreneurship, Startup Companies and Business Philosophy</description>
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		<title>September 11 Lesson Plan Teaches Kids to Think Hard About 9/11</title>
		<link>http://www.businesspundit.com/september-11-lesson-plan-teaches-kids-to-think-hard-about-911/</link>
		<comments>http://www.businesspundit.com/september-11-lesson-plan-teaches-kids-to-think-hard-about-911/#comments</comments>
		<pubDate>Thu, 10 Sep 2009 20:44:26 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[9 11 lesson plans]]></category>
		<category><![CDATA[remembering september 11]]></category>
		<category><![CDATA[sept 11 lesson plans]]></category>
		<category><![CDATA[september 11]]></category>
		<category><![CDATA[september 11 for kids]]></category>
		<category><![CDATA[september 11 lesson plans]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=13875</guid>
		<description><![CDATA[<p>The Sept. 11 Education Trust has set up a new September 11 lesson plan for middle- and high school students. The plan, which includes DVDs, Google Earth terrorism mapping, discussion, and archival footage, is intended to help students learn... <a href="http://www.businesspundit.com/september-11-lesson-plan-teaches-kids-to-think-hard-about-911/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.socialstudies.com/c/product.html?record@TF42488"><img src="http://www.businesspundit.com/wp-content/uploads/2009/09/zz911.JPG" alt="911" title="911" width="232" height="250" class="alignright size-full wp-image-13876" /></a></p>
<p><strong>The<a href="http://www.learnabout9-11.org/"> Sept. 11 Education Trust</a> has set up a new September 11 lesson plan for middle- and high school students.</strong> The plan, which includes DVDs, Google Earth terrorism mapping, discussion, and archival footage, is intended to help students learn about 9/11 in an interdisciplinary way. Schools in New York, New Jersey, California, Illinois, Indiana, Kansas, and Alabama will participate in the program tomorrow. </p>
<p>To get a peak at exactly what the September 11 lesson plan offers, I visited <a href="http://www.learnabout9-11.org/">learnabout9-11.org</a>. </p>
<p><strong>Here are some sample discussion questions that teachers might ask students: </strong><br />
<em><br />
* Twenty, fifty, or one hundred years from now how do you think the events of September 11th, 2001 will be understood as part of the larger context of United States history? What about world history? In your opinion, what other events had a similar impact on U.S. or world history?</p>
<p>* How would you explain 9/11 today to someone who was born on September 12, 2001?</p>
<p>* Sally Regenhard laments “the four words no mother should ever hear” when she asks about her son: “I want to know where my son is,” she says. The official responds “He is unaccounted for.” She then reflects “That is something that happens in a war…”</p>
<p>How would you react to being told that someone you loved was “unaccounted for”? Why might it matter to a person&#8217;s relatives that the person&#8217;s body be accounted for?<br />
</em></p>
<p>Below are <a href="http://www.socialstudies.com/pdf/How_to_Use_Sample.pdf">more details</a> of <strong>what students will see and experience during the September 11 lesson:<br />
</strong><br />
<em>The accompanying DVDs contain interviews with family members and survivors of the September 11th attacks. These help to lend a human dimension to a historic event difficult to wholly appreciate in terms of raw numbers of persons killed or property destroyed. </p>
<p>The print lessons build upon the DVD sources as a way of incorporating<br />
these personal stories as students grapple with a range of issues associated with 9/11.</p>
<p>The lessons can be implemented in a single class session or over the course of an entire week. The individual educator has the freedom to decide how much content to include. You can decide how much print or video information to use, creating a flexible mix of content to suit the abilities of students in your classroom.</em><br />
<strong><br />
Some activities include:</strong></p>
<p><em><a href=" http://www.socialstudies.com/pdf/National_SecurityGoogleEarth.pdf">Mapping terrorist activities on Google Earth</a></p>
<p>“Visualizing 9/11” provides a fascinating look into the images that have come to symbolize the event for many</p>
<p>“The Post-9/11 Recovery Process” deals with the challenges of gathering human remains in the aftermath of a tragedy; “Honoring Heroes” raises questions about how to define heroism</p>
<p>“Advocacy” addresses how citizens can shape the government’s response to a disaster.<br />
</em></p>
<p>Teachers or schools need to purchase the lesson plan. A single license costs $99; a 5-user license is $499. </p>
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		<title>Forbes College Rankings: Join the Military for a Good Education</title>
		<link>http://www.businesspundit.com/forbes-college-rankings-join-the-military-for-a-good-education/</link>
		<comments>http://www.businesspundit.com/forbes-college-rankings-join-the-military-for-a-good-education/#comments</comments>
		<pubDate>Thu, 06 Aug 2009 15:52:55 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[forbes college rankings]]></category>
		<category><![CDATA[forbes college rankings 2009]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=13112</guid>
		<description><![CDATA[<p>Forbes has released its college rankings list for 2009. Surprisingly enough, the usual suspects--Harvard, Yale, Princeton--don't crown the list. Instead, the US Military Academy (West Point) was rated the best college in the nation. Forbes... <a href="http://www.businesspundit.com/forbes-college-rankings-join-the-military-for-a-good-education/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/08/zzwestpoint-600x527.jpg" alt="zzwestpoint" title="zzwestpoint" width="600" height="527" class="alignright size-large wp-image-13113" /></p>
<p><strong>Forbes has released its college rankings list for 2009.</strong> Surprisingly enough, the usual suspects&#8211;Harvard, Yale, Princeton&#8211;don&#8217;t crown the list. Instead, the US Military Academy (West Point) was rated the best college in the nation. Forbes explains how West Point beat the Ivy Leagues in a <a href="http://www.forbes.com/forbes/2009/0824/colleges-09-education-west-point-america-best-college.html">separate article</a>. </p>
<p>Here&#8217;s a taste of the top schools:</p>
<p><strong>Best Colleges</strong></p>
<p>1. United States Military Academy, NY<br />
2. Princeton University, NJ<br />
3. California Institute of Technology, CA<br />
4. Williams College, MA<br />
5. Harvard University, MA</p>
<p><a href="http://www.forbes.com/lists/2009/94/colleges-09_Americas-Best-Colleges_Rank.html">See the full list here. </a></p>
<p><strong>Best College Buys</strong></p>
<p>1. Berea College, Ky.<br />
2. New College of Florida, Fla.<br />
3. United States Military Academy, N.Y.<br />
4. United States Air Force Academy, Colo.<br />
5. University of Wyoming, Wyo.</p>
<p><a href="http://www.forbes.com/2009/08/02/best-buys-colleges-opinions-value.html">See the full list here. </a></p>
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		<title>7 Websites That Teach You Foreign Languages for Free</title>
		<link>http://www.businesspundit.com/7-websites-that-teach-you-foreign-languages-for-free/</link>
		<comments>http://www.businesspundit.com/7-websites-that-teach-you-foreign-languages-for-free/#comments</comments>
		<pubDate>Thu, 21 May 2009 18:16:03 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Internet Business]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[free foreign languages]]></category>
		<category><![CDATA[free language school]]></category>
		<category><![CDATA[free languages]]></category>
		<category><![CDATA[language]]></category>
		<category><![CDATA[language websites]]></category>
		<category><![CDATA[languages]]></category>
		<category><![CDATA[learn free languages]]></category>
		<category><![CDATA[learn languages]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=10830</guid>
		<description><![CDATA[<p>Scurrying to market yourself amidst stiff competition? Looking to gain new skills? Learning a new language will not only boost your resume, but will open you up to worlds of new contacts, prospects, and friends. Luckily, the days of dragging... <a href="http://www.businesspundit.com/7-websites-that-teach-you-foreign-languages-for-free/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><strong>Scurrying to market yourself amidst stiff competition? </strong>Looking to gain new skills? Learning a new language will not only boost your resume, but will open you up to worlds of new contacts, prospects, and friends. </p>
<p>Luckily, the days of dragging yourself to night classes may be over. The Internet is full of free language resources whose multimedia features and social networking component make learning both fun and immersive. We scoured the Web for quality free sites, and came up with the seven websites below. <em>Happy learning!</em></p>
<p><font size=+3>1. <a href="http://www.livemocha.com/">LiveMocha </a></font></p>
<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/05/zzlivemocha-600x266.jpg" alt="zzlivemocha" title="zzlivemocha" width="600" height="266" class="alignright size-large wp-image-11176" /></p>
<p>LiveMocha offers free lessons in 11 languages. Through a personal homepage, you access free language courses and build a community of foreign friends. Native speakers in your LiveMocha community help correct your lessons and chat live with you. Interactive, multimedia lessons make learning fun.   </p>
<hr />
<p><font size=+3>2. <a href="http://www.busuu.com/">Busuu.com</a></font></p>
<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/05/zzbusuu.png" alt="zzbusuu" title="zzbusuu" width="561" height="376" class="alignright size-full wp-image-11177" /></p>
<p>Busuu offers extensive courses for English, Spanish, German, and French students. The free version contains more than 150 image- and audio-based lessons. Their video chat application lets you connect with other students or native speakers online. You can gain access to more features, such as podcasts and PDF printouts, through a premium membership. </p>
<hr />
<p><font size=+3>3. <a href=" http://www.sharedtalk.com/">SharedTalk</a></font></p>
<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/05/zzsharedtalk.png" alt="zzsharedtalk" title="zzsharedtalk" width="574" height="310" class="alignright size-full wp-image-11178" /></p>
<p>This Rosetta Stone community language exchange site lets you find penpals using custom search criteria, then exchange emails with your penpal in your language of choice. You can also chat live in the &#8220;Chat House,&#8221; a chat room allowing public and private language exchanges with native speakers. </p>
<hr />
<p><font size=+3>4. <a href="http://www.word2word.com/coursead.html">Word2Word</a></font></p>
<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/05/zzword2word-600x210.gif" alt="zzword2word" title="zzword2word" width="600" height="210" class="alignright size-large wp-image-11183" /></p>
<p>This portal links to learning resources for more than 100 languages. Some language resources are more extensive than others (for example, it&#8217;s easier to load up on Spanish lessons than Swahili). Word2Word works best for those who need survival courses or are looking for obscure languages.</p>
<hr />
<p><font size=+3>5. <a href="http://www.bbc.co.uk/languages/">BBC Languages</a></font> </p>
<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/05/zzbbc.jpg" alt="zzbbc" title="zzbbc" width="400" height="400" class="alignright size-full wp-image-11184" /></p>
<p>BBC Languages offers free audio and video courses, quizzes, games, phrases you can download to your mobile device, and a 12-week email course that earns you a BBC language certificate. They have lessons for fourteen different languages, and phrases for 36. An excellent resource for quick travel phrases. </p>
<hr />
<p><font size=+3>6. <a href="http://freelanguage.org/">FreeLanguage.org</a></font></p>
<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/05/zzfreelanguage.png" alt="zzfreelanguage" title="zzfreelanguage" width="406" height="60" class="alignright size-full wp-image-11179" /></p>
<p>Free Language is a portal that links to a wide variety of free language lessons, podcasts, video lessons, <a href="http://en.wikibooks.org/wiki/German/Contents">Wikibooks language pages</a>, and other resources. You have to &#8220;do your homework,&#8221; so to speak, in order to put together a comprehensive learning system for yourself. </p>
<hr />
<p><font size=+3>7. <a href="http://www.elanguageschool.net/">eLanguageSchool.net </a></font></p>
<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/05/zzelang-600x280.png" alt="zzelang" title="zzelang" width="600" height="280" class="alignright size-large wp-image-11180" /></p>
<p>eLanguageSchool offers basic resources, including words, phrases, and grammar, for ten languages. Resources, such as video with subtitles, vary by language. A good place to refresh your knowledge of a language, or start learning one. If you want immersion, however, look elsewhere. </p>
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		<title>UK School Reduces Tuition for Vegetarians</title>
		<link>http://www.businesspundit.com/uk-school-reduces-tuition-for-vegetarians/</link>
		<comments>http://www.businesspundit.com/uk-school-reduces-tuition-for-vegetarians/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 15:31:42 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Environment]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=9030</guid>
		<description><![CDATA[<p>One UK school wants its students to go veg. If they won’t do it willingly, they can be forced, via cost-conscious parents. From the UK Telegraph: Parents whose children sign up to the 'Vegetarian Scholarship' could save £1,500 each year at... <a href="http://www.businesspundit.com/uk-school-reduces-tuition-for-vegetarians/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/02/zzveg.jpg" alt="zzveg" title="zzveg" width="500" height="375" class="alignright size-full wp-image-9031" /></p>
<p><strong>One UK school wants its students to go veg.</strong> If they won’t do it willingly, they can be forced, via cost-conscious parents. From the <a href="http://www.telegraph.co.uk/news/newstopics/howaboutthat/4590516/Public-school-offers-fees-discount-for-vegetarian-students.html">UK Telegraph</a>:<br />
<em><br />
Parents whose children sign up to the &#8216;Vegetarian Scholarship&#8217; could save £1,500 each year at Wycliffe College in Stonehouse, Glos. The &#8220;progressive&#8221; school was founded by a vegetarian Methodist minister in 1882, and today&#8217;s governors hope the new incentive will keep his values alive.</p>
<p>But spokesman Melanie Gray admitted the offer has not gone down too well, with pupils preferring steak and sausages to pasta and peppers. She said: &#8220;We have offered it and we are keen to promote it. No-one has taken it up and we are looking for candidates.&#8221; </p>
<p>She said vegetarians are well catered for at the school, though there is no compulsion to go without meat or fish. Many of the staff are vegetarian, though no sixth former has taken up the offer of the vegetarian scholarship. </p>
<p>The school was founded by GW Sibly. He chose the school site for its clean water and proximity to a railway station, and the pupils grew their own fruit and vegetables. Vegetarianism remains an important part of school life. </em></p>
<p>I&#8217;m surprised nothing like this has happened in the US, where childhood obesity remains a major problem. Reducing tuition is a good way to push all kinds of agendas, especially during hard economic times. </p>
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		<title>Taiwanese University Offers Porn Analysis Class</title>
		<link>http://www.businesspundit.com/taiwanese-university-offers-porn-analysis-class/</link>
		<comments>http://www.businesspundit.com/taiwanese-university-offers-porn-analysis-class/#comments</comments>
		<pubDate>Mon, 16 Feb 2009 16:14:22 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Human Nature]]></category>
		<category><![CDATA[Humor]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=8779</guid>
		<description><![CDATA[<p>From Ananova: A university in Taiwan has opened a course to teach students how to appreciate and analyse porn movies. The Mass Communication Department of Providence University opened the course this semester, reports United Daily News. To... <a href="http://www.businesspundit.com/taiwanese-university-offers-porn-analysis-class/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/02/zzporn.jpg" alt="zzporn" title="zzporn" width="478" height="328" class="alignright size-full wp-image-8780" /></p>
<p>From <a href="http://www.ananova.com/news/story/sm_3158640.html?menu=news.quirkies.sexlife">Ananova</a>:</p>
<p><em>A university in Taiwan has opened a course to teach students how to appreciate and analyse porn movies. The Mass Communication Department of Providence University opened the course this semester, reports United Daily News.</p>
<p>To pass the course, students must give a 15 minute presentation in which they analyse an audience&#8217;s psychological reaction to a porn clip from an academic perspective. One worried student, who did not wish to be named, commented: &#8220;If I get a very good score in this course, I don&#8217;t know how I&#8217;ll explain it to my parents.&#8221;</p>
<p>When registering for the voluntary course, students signed a paper agreeing that if the scenes were too explicit, they could choose to leave the classroom. The teacher, assistant professor Miss Chen Mingmei, said no students had ever left her class but some would briefly cover their eyes during the stronger scenes.</p>
<p>More than 50 students registered for the course, and most of them confessed that they had watched porn videos before. Curiosity was given as the main reason for taking the course and most admitted their parents did not know what they were studying.<br />
</em></p>
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		<title>American Opportunity Tax Credit: The Details</title>
		<link>http://www.businesspundit.com/american-opportunity-tax-credit-the-details/</link>
		<comments>http://www.businesspundit.com/american-opportunity-tax-credit-the-details/#comments</comments>
		<pubDate>Wed, 11 Feb 2009 15:57:54 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Education]]></category>
		<category><![CDATA[American Opportunity Tax Credit]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=8831</guid>
		<description><![CDATA[<p>The American Opportunity Tax Credit, spearheaded by Pennsylvania Congressman Chaka Fattah, is part of the new government stimulus package. It gives individuals making less than $80,000 a year a $2,500 tax credit to use on higher education costs. The... <a href="http://www.businesspundit.com/american-opportunity-tax-credit-the-details/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p>The American Opportunity Tax Credit, spearheaded by <a href="http://fattah.house.gov/">Pennsylvania Congressman Chaka Fattah</a>, is part of the new government stimulus package. It gives individuals making less than $80,000 a year a $2,500 tax credit to use on higher education costs. The bill itself will cost the country an estimated $10.3 billion.  </p>
<p>Applicants can use the tax credit in exchange for 100 hours of community service. It is partially refundable. As part of the bill, the Department of the Treasury also has to conduct a feasibility study on the community service requirement vis a vis higher education. </p>
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		<title>Loyalty Programs Make Customers Feel Like They Have Status Over Others</title>
		<link>http://www.businesspundit.com/loyalty-programs-make-customers-feel-like-they-have-status-over-others/</link>
		<comments>http://www.businesspundit.com/loyalty-programs-make-customers-feel-like-they-have-status-over-others/#comments</comments>
		<pubDate>Wed, 14 Jan 2009 17:56:11 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Human Nature]]></category>
		<category><![CDATA[customer service]]></category>

		<guid isPermaLink="false">http://www.businesspundit.com/?p=7993</guid>
		<description><![CDATA[<p>A recent Chicago Journal of Consumer Research study found that businesses can make consumers feel more special by creating multi-tiered loyalty programs, which pander to a sense of status: Many businesses create loyalty programs to confer a... <a href="http://www.businesspundit.com/loyalty-programs-make-customers-feel-like-they-have-status-over-others/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.businesspundit.com/wp-content/uploads/2009/01/zzgold.jpg" alt="zzgold" title="zzgold" width="411" height="292" class="alignright size-full wp-image-7996" /></p>
<p><strong>A <a href="http://www.journals.uchicago.edu/toc/jcr/current?cookieSet=1">recent Chicago Journal of Consumer Research study</a> found that businesses can make consumers feel more special</strong> by creating multi-tiered loyalty programs, which pander to a sense of status: </p>
<p><em>Many businesses create loyalty programs to confer a sense of status to their customers. Examples are platinum, gold, and silver charge cards, or red and blue membership levels. The study provides insight for planning programs that enhance consumers’ perception of status.</p>
<p>Authors Xavier Drèze (University of Pennsylvania) and Joseph C. Nunes (University of Southern California)&#8230;tested a variety of options for expanding loyalty programs. In six separate studies, they added tiers and people to customer loyalty programs in varying combinations to determine how people would feel if an organization added people to a top-tier program. They asked respondents how they felt when they added more tiers on top of them (platinum on top of gold), or added more tiers below them.</p>
<p>“We find that increasing the number of elites in the top tier dilutes their perception of status, but adding a subordinate elite tier enhances their perceptions of status,” write the authors. “Thus, if the firm creates a larger top tier while adding a second status tier rather than persisting with a single small top tier, it can recognize more customers without decreasing the perceptions of status among its most elite.” In other words, being in the gold level is more special if there is a silver level below.</em></p>
<p><strong>Good point.</strong> If a customer enters a loyalty program at the silver level, it&#8217;s safe to assume they will aspire to, or at least feel somewhat off-put by, the existence of a gold level. And, as the study shows, gold-level customers get a status boost through the existence of a lower tier. </p>
<p>Tangentially, social networking popped into my mind when I read this article. Sites like Facebook are forever looking for ways to monetize. And users of those sites are looking for status, mainly by accumulating friends. What if sites introduced loyalty tiers? For example, users with more than 200 friends would automatically qualify for a silver tier. That tier would offer certain perks not available to people with fewer friends. With that loyalty in place, sites could more easily charge for certain services, or offer exclusive partner deals.<br />
<em><br />
Now, I&#8217;m off to lunch, courtesy of my extra-special platinum credit card&#8230; </em></p>
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		<title>Paul Krugman Wins Nobel Prize</title>
		<link>http://www.businesspundit.com/paul-krugman-wins-nobel-peace-prize/</link>
		<comments>http://www.businesspundit.com/paul-krugman-wins-nobel-peace-prize/#comments</comments>
		<pubDate>Mon, 13 Oct 2008 15:47:25 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
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		<category><![CDATA[paul krugman]]></category>
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		<description><![CDATA[<p>Congratulations, Mr. Krugman! From today's New York Times: Paul Krugman, a professor at Princeton University and an Op-Ed columnist for The New York Times, was awarded the Nobel Memorial Prize in Economic Sciences on Monday. Mr. Krugman... <a href="http://www.businesspundit.com/paul-krugman-wins-nobel-peace-prize/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/10/greenspan_krugman.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/10/greenspan_krugman.jpg" alt="" title="greenspan_krugman" width="350" height="257" class="alignnone size-full wp-image-5871" /></a></p>
<p><strong>Congratulations, Mr. Krugman!</strong></p>
<p>From today&#8217;s <a href="http://economix.blogs.nytimes.com/2008/10/13/paul-krugman-wins-economics-nobel/?em">New York Times</a>:</p>
<p><em>Paul Krugman, a professor at Princeton University and an Op-Ed columnist for The New York Times, was awarded the Nobel Memorial Prize in Economic Sciences on Monday.</p>
<p>Mr. Krugman received the award for his work on international trade and economic geography. In particular, the prize committee lauded his work for “having shown the effects of economies of scale on trade patterns and on the location of economic activity.” He has developed models that explain observed patterns of trade between countries, as well as what goods are produced where and why. </p>
<p>Mr. Krugman’s theories have explained why worldwide trade is dominated by a few countries that are similar to each other, and why some countries might import the same kinds of goods that it exports. </em></p>
<p>I&#8217;m not very familiar with the international trade theories that won Krugman his prize. I do, however, often read his columns. <strong>Here are some Krugman points from <a href="http://krugman.blogs.nytimes.com/?8dpc">his blog</a> and <a href="http://www.nytimes.com/2008/10/13/opinion/13krugman.html">recent columns</a>:</strong></p>
<p>-Great Britain did the bailout thing <a href="http://www.nytimes.com/2008/10/13/opinion/13krugman.html">far better</a> than we do.</p>
<p>-Hank Paulson is acting <a href="http://www.nytimes.com/2008/10/13/opinion/13krugman.html">slow</a> and <a href="http://krugman.blogs.nytimes.com/2008/10/12/wrong-way-paulson/">incompetent</a>.</p>
<p>-We need to <a href="http://www.nytimes.com/2008/10/10/opinion/10krugman.html">fix the financial crisis</a> now (yes, even after the bailout plan), otherwise things can and will get even worse. </p>
<p>-Healthcare is still a big issue. It must <a href="http://www.nytimes.com/2008/10/06/opinion/06krugman.html">stay regulated</a>. </p>
<p>-Our leaders are <a href="http://www.nytimes.com/2008/10/03/opinion/03krugman.html">weak and confused</a>.<br />
<strong><br />
Krugman has been vaunted and criticized in the past for his opinion columns.</strong> But you can&#8217;t argue with some of the points he brings up today, nor with the fact that he has made the financial crisis and the field of economics itself much more comprehensible to regular Josephines and Joes. </p>
<p>I&#8217;m inspired. </p>
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		<title>10 of the Millennium&#8217;s Best College Business Scandals</title>
		<link>http://www.businesspundit.com/10-of-the-millenniums-best-college-business-scandals/</link>
		<comments>http://www.businesspundit.com/10-of-the-millenniums-best-college-business-scandals/#comments</comments>
		<pubDate>Thu, 04 Sep 2008 19:30:49 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Bad Business]]></category>
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		<category><![CDATA[business school cheating scandal]]></category>
		<category><![CDATA[college scandals]]></category>
		<category><![CDATA[financial aid scandal]]></category>

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		<description><![CDATA[<p>Having a higher education usually means making a higher income, but these ten deal snatchers have made an art form of pilfering available resources. Read and learn, but don't repeat these mistakes unless you have foolproof alibis in place: 10.... <a href="http://www.businesspundit.com/10-of-the-millenniums-best-college-business-scandals/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><strong>Having a higher education usually means making a higher income</strong>, but these ten deal snatchers have made an art form of pilfering available resources. Read and learn, but don&#8217;t repeat these mistakes unless you have foolproof alibis in place:</p>
<p><strong>10. Cozy Relations Between Financial Aid Offices and Lenders </strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/financial.jpg"><img align=right src="http://www.businesspundit.com/wp-content/uploads/2008/09/financial.jpg" alt="" title="financial" width="111" height="113" class="alignnone size-medium wp-image-5114" /></a></p>
<p>The financial aid office used to be a safe haven for students in need of fair funding for their education. Not anymore. USA Today last year <a href="http://blogs.usatoday.com/oped/2007/04/post_72.html ">reported</a> that seven universities admitted to slinging under-the-radar sweetheart deals with lenders who, in exchange for being put on financial aid “preferred” lists, gifted financial aid officers perks like trips. College aid directors received stock benefits. </p>
<p>From <a href="http://blogs.usatoday.com/oped/2007/04/post_72.html ">USA Today</a>:</p>
<p><em>&#8230;seven universities have admitted that they had little-known financial deals with top lenders, in which the lenders returned millions to the schools based on loan volume the schools referred. Six schools have agreed to refund a total of $3.27 million — hundreds of dollars apiece — to students who used these lenders.</em><br />
<em><br />
Some college call centers — where students were directed for loan advice — were actually staffed by loan company workers. Sometimes, they falsely identified themselves as part of the university financial aid office. </p>
<p>Top financial aid officials at [several universities] held valuable stocks in the parent company of a lender that each of the universities recommended on its &#8220;preferred lenders&#8221; list. About 90% of students look no further when seeking a federally guaranteed student loan.</em></p>
<p>I scratch your back, you scratch mine. The student, meanwhile, gets a scrap deal.<br />
<strong><br />
9.	UC Regents Compensation Scandal</strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/uc.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/uc-286x300.jpg" alt="" title="uc" width="286" height="300" class="alignnone size-medium wp-image-5116" /></a></p>
<p>I attended a University of California campus. While I was there, the UC regents were consistently regarded with some disdain. A 2006 <a href=" http://findarticles.com/p/articles/mi_qn4176/is_20060316/ai_n16230784">Oakland Tribune article</a> highlights why:</p>
<p><em>UC&#8217;s compensation policies have been under fire since newspaper reports detailed large spending on bonuses, allowances, sabbatical agreements and other perks, much of it granted without approval by regents.</p>
<p>(Media reports say) that UC spent thousands on home and office improvements, including $131,703 to renovate UC Berkeley Chancellor Robert Birgeneau&#8217;s office and $600,000 in&#8230;improvements at the on-campus residence of UC Santa Cruz Chancellor Denice Denton, including $30,000 for an enclosure for her two dogs.</p>
<p>Additional news reports that former Provost M.R.C. Greenwood would retain her $301,836 sabbatical payment even after a UC investigation determined she had violated conflict-of-interest policies when she hired a business partner to an administrative post.</em></p>
<p>A year later, UC said that in response to the misallocation of money, they were administering disciplining the parties at fault. There was questionable effort to add more transparency to the system. </p>
<p>These folks should run for office. </p>
<p><strong>8.	Heather Bresch’s Fake West Virginia University MBA</strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/bresch_ap20080420.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/bresch_ap20080420.jpg" alt="" title="bresch_ap20080420" width="135" height="200" class="alignnone size-full wp-image-5118" /></a></p>
<p>Heather Bresch, a Mylan Inc. executive and daughter of the governor of West Virginia, completed less than half the credits she needed to earn her WVU MBA. Yet she still received the diploma. The Pittsburgh Post-Gazette <a href="http://www.post-gazette.com/pg/08241/907559-298.stm">reports how it worked</a>: </p>
<p><em>An independent panel concluded in April that WVU falsified Ms. Bresch&#8217;s transcript by adding courses she did not register for, pay for or complete. Grades assigned to those classes were &#8220;pulled from thin air,&#8221; the panel stated.</p>
<p>Mylan, a generic drug maker based in Cecil, cited the M.B.A. degree as one of Ms. Bresch&#8217;s credentials when it promoted her to chief operating officer in October. Mylan Chairman Milan Puskar is WVU&#8217;s biggest benefactor. The company has since removed the degree from her resume on its Web site.</p>
<p>The scandal led to the resignations of WVU President Michael Garrison, Provost Gerald Lang and business school Dean R. Stephen Sears.</em></p>
<p>Tisk, tisk. Those B-school officials should know that any good transcript falsification requires completely covering your tracks. </p>
<p><strong>7. The <a href="http://www.oru.edu/">Oral Roberts University</a> Money Laundering Scandal </strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/oralrobertsuniversity.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/oralrobertsuniversity-260x300.jpg" alt="" title="oralrobertsuniversity" width="260" height="300" class="alignnone size-medium wp-image-5120" /></a></p>
<p>From <a href="http://abcnews.go.com/GMA/story?id=3706360">ABC news</a>: </p>
<p><em>Twenty years ago, televangelist Oral Roberts said he was reading a spy novel when God appeared to him and told him to raise $8 million for Roberts&#8217; university, or else he would be &#8220;called home.&#8221;</p>
<p>Now, his son, Oral Roberts University President Richard Roberts…is accused of illegal involvement in a local political campaign and lavish spending at donors&#8217; expense, including numerous home remodeling projects, use of the university jet for his daughter&#8217;s senior trip to the Bahamas, and a red Mercedes convertible and a Lexus SUV for his wife, Lindsay.</p>
<p>She is accused of dropping tens of thousands of dollars on clothes, awarding non-academic scholarships to friends of her children and sending scores of text messages on university-issued cellphones to people described in the lawsuit as &#8220;underage males.&#8221;<br />
</em><br />
Since the suit was filed, Richard Roberts claims expenditures have been undergoing a thorough review process. Both sides claim God was involved, but in very different ways.<br />
<strong><br />
6. American University Spending Scandal</strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/ladner.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/ladner.jpg" alt="" title="ladner" width="300" height="246" class="alignnone size-full wp-image-5121" /></a></p>
<p>Another big spender meets another private university—and gets busted by the new rules of the Sarbanes-Oxley era. From the <a href="http://www.washingtonpost.com/wp-dyn/content/article/2005/10/08/AR2005100801284_2.html">Washington Post </a>(2005):<br />
<em><br />
The American board suspended (Presdient) Benjamin Ladner in August after an anonymous letter raised questions about his personal and travel expenses. He has denied wrongdoing and insists he operated within the parameters of his contract. An independent report, commissioned by the board of trustees and disputed by Ladner, has questioned more than a half-million dollars in spending &#8212; including for his personal chef, a chauffeur and an engagement party for his son.</em></p>
<p>After an investigation, Ladner resigned, with a golden parachute to the tune of<a href="http://en.wikipedia.org/wiki/Benjamin_Ladner"> $3.75 million</a>. That personal chef may not have to go, after all.<br />
<strong><br />
5. The National Diploma Mill</strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/fake_degree_example.gif"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/fake_degree_example-300x232.gif" alt="" title="fake_degree_example" width="300" height="232" class="alignnone size-medium wp-image-5122" /></a></p>
<p>The Feds are investigating thousands of people who bought fake high school and college diplomas from an online diploma mill based in Washington state. Investigators are sifting through a list of people who bought from or inquired through the site. From the <a href=" http://www.washingtonpost.com/wp-dyn/content/article/2008/07/30/AR2008073002300_2.html?nav=emailpage">Washington Post</a>:<br />
<em><br />
The list, which has not been made public by the government, was compiled during an eight-month federal investigation in Washington state into an international diploma operation that was run from 1999 through 2005. It sold more than $6 million worth of phony high school diplomas and undergraduate and graduate degrees to people in more than 130 countries.</p>
<p>Without doing any academic work, their customers could purchase such degrees as a bachelor of arts, a bachelor of science, a master of arts, a master of science and a doctor of philosophy. </em></p>
<p>I can see getting away with a fake GED or BA, but a phony PhD? Sounds like more work proving yourself than it’s worth. </p>
<p><strong>4. Duke Fuqua Business School Cheating Scandal</strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/duke.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/duke-300x193.jpg" alt="" title="duke" width="300" height="193" class="alignnone size-medium wp-image-5123" /></a></p>
<p>From <a href=" http://www.msnbc.msn.com/id/18472476/">MSNBC</a>:<br />
<em><br />
In (Duke’s Fuqua School of Business’s) biggest cheating scandal ever, 34 students have been punished, most for working in groups on a take-home exam that was supposed to be done individually. </p>
<p>A survey released in September found that 56 percent of MBA students acknowledged cheating, compared with 47 percent of graduate students in other fields. </em></p>
<p>These students share the ethics of previously mentioned university presidents and regents. Could they be the next wave?</p>
<p><strong>3. Carnegie Mellon’s Fake Masters Degree</strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/wessel.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/wessel.jpg" alt="" title="wessel" width="236" height="236" class="alignnone size-full wp-image-5124" /></a></p>
<p>Mark Wessel, former dean of the H. John Heinz III School of Public Policy and Management, resigned from his post after the <a href=" http://www.insidehighered.com/news/2008/08/19/degree">university learned</a> about the school’s approval of a master’s degree for a student who had more than the prescribed amount of independent study and transfer credits in place of regular coursework. </p>
<p>Wessel remains at Carnegie Mellon, but without tenure.  </p>
<p><strong>2. The University of Miami Ponzi Scheme</strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/ponzi.jpg"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/ponzi.jpg" alt="" title="ponzi" width="500" height="279" class="alignnone size-full wp-image-5125" /></a></p>
<p>University of Miami business school grad Andres Pimstein decided that the ideal venue to host his Ponzi scheme, which made millions of dollar, would be his alma mater. From <a href="http://www.cnn.com/2008/CRIME/08/20/miami.ponzi.scheme/index.html">CNN</a>:<br />
<em><br />
Pimstein presented detailed flow charts and fake invoices to would-be participants, telling them his firm would be selling perfumes and electronics to Ripley, a large department-store chain in Chile and Peru.</p>
<p>&#8220;In reality, Pimstein and the Bottom Line had no business relationship with Ripley…&#8221;</p>
<p>&#8220;Pimstein was able to convince a couple people there to use their computers to control the bank accounts that he laundered the money through,&#8221; (one source) said.</p>
<p>People across the country lost an estimated $30 million in the scheme, which collapsed this year.</em></p>
<p>Lesson to con men: Never use a university as your Ponzi scheme venue.<br />
<strong><br />
1. Rutgers University Football Deal</strong></p>
<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/schiano.gif"><img src="http://www.businesspundit.com/wp-content/uploads/2008/09/schiano.gif" alt="" title="schiano" width="300" height="281" class="alignnone size-medium wp-image-5127" /></a></p>
<p>Greg Schiano, football coach at Rutgers U., had one of the most lucrative coaching contracts in the nation ($2 million) when he signed an under-the-radar $250,000 agreement with Rutgers’ marketing agent to pay him for “personal services.” From <a href=" http://www.nj.com/news/ledger/topstories/index.ssf/2008/07/part_of_rutgers_deal_with_coac.html">The Star-Ledger</a>:</p>
<p><em>The money was deducted from sponsorship revenues collected on the university&#8217;s behalf by the marketing firm, but the amount was guaranteed by Rutgers. It was listed as a payment for &#8220;personal services&#8221; and was made to a limited liability corporation established by Schiano.</p>
<p>The university also gave Schiano an $800,000 interest-free loan to buy a home, which is being forgiven at a rate of $100,000 a year as long as he remains employed by Rutgers. It gave Schiano unlimited use of jet and helicopter services for university business.</p>
<p>Rutgers athletic director Robert Mulcahy said…&#8221;Look, I think I&#8217;m doing the right thing, as many <a href="http://www.collegecrunch.org/school-profiles/">other schools</a> in the country do, by trying to find additional money to cover part of his salary.&#8221; </em></p>
<p>Rutgers wants to be a football powerhouse, so it says its behavior is excusable. This case makes me wonder why people even bother getting their MBAs, when they could have lucrative careers as football coaches instead. </p>
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		<title>After Studying Three Drugs, Researchers Claim Pharma Advertising Doesn&#8217;t Work</title>
		<link>http://www.businesspundit.com/after-studying-three-drugs-researchers-claim-pharma-advertising-doesnt-work/</link>
		<comments>http://www.businesspundit.com/after-studying-three-drugs-researchers-claim-pharma-advertising-doesnt-work/#comments</comments>
		<pubDate>Wed, 03 Sep 2008 16:30:31 +0000</pubDate>
		<dc:creator>Drea</dc:creator>
				<category><![CDATA[Academia]]></category>
		<category><![CDATA[Industry Analysis]]></category>
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		<category><![CDATA[big pharma]]></category>
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		<description><![CDATA[<p>From the Wall Street Journal: Consumer advertising for prescription drugs had a negligible impact on sales of products studied by Harvard Medical School researchers -- in a finding that may confound both advertisers and their... <a href="http://www.businesspundit.com/after-studying-three-drugs-researchers-claim-pharma-advertising-doesnt-work/">Read more</a></p>]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.businesspundit.com/wp-content/uploads/2008/09/vaccine.jpg"><img align=right src="http://www.businesspundit.com/wp-content/uploads/2008/09/vaccine.jpg" alt="" title="vaccine" width="200" height="135" class="alignnone size-full wp-image-5063" /></a></p>
<p><strong>From the <a href="http://online.wsj.com/article/SB122032950614389923.html?mod=rss_whats_news_us_business">Wall Street Journal</a>:</strong></p>
<p><em>Consumer advertising for prescription drugs had a negligible impact on sales of products studied by Harvard Medical School researchers &#8212; in a finding that may confound both advertisers and their opponents.</p>
<p>The study may undercut the arguments of opponents of such ads, which have been allowed almost nowhere outside the U.S. Critics say they lead to drug overuse and misuse by impressionable patients pressing their doctors to prescribe what is seen on TV.</p>
<p>But the study also raises the question of whether the pharmaceutical industry&#8217;s $4.8 billion annual spending on such ads is a waste of shareholders&#8217; money.</em></p>
<p>Researchers used advertisements for three drugs for <a href="http://www.eurekalert.org/pub_releases/2008-09/hms-vod082708.php">their study</a>: Enbrel, a rheumatoid arthritis drug; Nasonex, which treats nasal allergies; and Zelnorm, an irritable bowel syndrome remedy.<br />
<strong><br />
Their choice in drugs make the study interesting, but not groundbreaking.</strong> The reason is that these afflictions generally target adults, excluding an important pharma advertiser audience: Children. HPV/cervical cancer vaccines, now advertised on <a href="http://www.telegraph.co.uk/news/uknews/2668174/Cervical-cancer-vaccine-advertised-on-teen-social-networking-sites.html">preteen social networking sites</a>, are attempting to propulgate a vaccine of questionable urgency. </p>
<p><strong>I&#8217;d like to see a more comprehensive study</strong>, involving drugs targeted at children, people with emotional issues, and perhaps the elderly, before I believe that advertising doesn&#8217;t work.  </p>
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