EppsNet Archive: Income

Life Gets Better After 50?

About 15 years ago, economists made an unexpected finding: the U-shaped happiness curve. Other things being equal – that is, once conditions such as income, employment, health and marriage are factored out of the equation – life satisfaction declines from our early 20s until we hit our 50s. Then it turns around and rises, right through late adulthood. — The Guardian So once you factor out all the things that make life miserable, it turns out older people can be just as happy as anyone else! Read more →

How to Not Get a Job Teaching Computer Science

She was a software engineer interviewing for a job teaching high school computer science. One of the interviewers read a question: XYZ School District is committed to effective learning for all students. Key in this work is improving the success of historically underrepresented, low-income and/or students of color. What are your experiences implementing instructional strategies shown to be most effective in increasing the success of these populations? She knew what the “right” answer looked like but after a momentary hesitation decided to answer honestly. “I think it’s probably counterproductive to single out groups of students as needing special handling to be up to the standards of the other students.” “We’re not saying that they’re not up to the standards of the other students,” the interviewer said. “Okay, let me say it another way. We have four labels available: ‘historically underrepresented,’ ‘low-income,’ ‘students of color’ and ‘none of the above.’ “From… Read more →

10 Reasons That NY Times Chart Might Not Mean What You Think It Means

From the New York Times: Money is not the only metric for measuring life outcomes. Charts and articles like this seem to reflect an inappropriate obsession with narrowly materialist values. If you do want to measure your life with money, it looks like the 99th percentile is where you want to be. Why aren’t you there? Why aren’t you a CEO? Why aren’t you making a million a year? If you can’t figure out how to get there, don’t begrudge the people who did figure it out. If you don’t have the education, motivation, intelligence or skills to get there, don’t begrudge those who do. The amount of wealth is not a fixed amount. It’s not a zero-sum game. If it were, it would be concerning that a few people are very wealthy. But it isn’t. The distribution of income has to be skewed to the right because income is… Read more →

Income Inequality Explained

Via NPR: Read more →

Steal Like an Artist

There’s an economic theory out there that if you take the incomes of your five closest friends and average them, the resulting number will be pretty close to your own income. I think the same thing is true of idea incomes. You’re only going to be as good as the stuff you surround yourself with. — Austin Kleon, Steal Like An Artist Read more →