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The Rise of USC Economics

Saturday, November 12, 2016 14:02
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These are exciting days at USC.  Here is an example of the type of email I receive on a weekly basis at USC. I’m highly optimistic about our future and for the future of the USC Economics Review (our new online economics journal).  I didn’t receive such emails at my previous university.    Note that I have removed the email’s author to maintain privacy.

Dear Dr. Kahn,

How are you doing? I am (name removed), an Economics/Math major at USC, and I am interested in joining the USC Economics Review. I have a couple of ideas but they’re not very fleshed out, and was wondering if you could help me define them into more specific, interesting topics? Below are a couple of my ideas:
1. India’s currency ban—why it’s difficult to ban paper money, and how the currency ban might affect the world market
2. Gift-giving in the holiday season: why, “economically,” giving gifts is inefficient, and why people do it anyway
3. Two-sided matching markets explained and what college admissions (or the job market) might look like if it used two-sided matching perfectly 
Thanks so much, and I hope you have a wonderful day.

Name removed
How do I reply to such a smart email?

Do you see how I point my USC students to AER papers and Nobel Lectures.  The best deserve the best. I am pushing my 20 year old students to look at the frontier of economics and to understand it and then build on it!

As Prescott said, “Progress not regress”!  


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