How the Finance Industry Hurts the Economy

In perhaps the starkest illustration, economists from Harvard University and the University of Chicago wrote in a recent paper that every dollar a worker earns in a research field spills over to make the economy $5 better off. Every dollar a similar worker earns in finance comes with a drain, making the economy 60 cents worse off. [...] ...the growth of complex financial products has served primarily to boost income for the firms themselves, Philippon said. A new paper from researchers in t...

 How Big Ideas are Revealed

Big ideas are typically revealed via: • Core concepts (migration, function) • Focusing themes (good vs. evil) • Ongoing debate/issues (nature vs. nurture) • Illuminating paradox/problem (freedom vs. responsibility) • Organizing theory/principle (less is more) • Underlying assumption/perspectives (Occam’s Razor) • Key questions • Insightful inferences from facts

 UbD Three-Stage Template

To help educators start with the goal, rather than the learning activity, UbD employs a three-stage template. • Stage 1—Identify desired results: In the first stage, you consider your big ideas and learning goals and prioritize them. • Stage 2—Determine acceptable evidence: In the next stage, you “think like an assessor” (p. 18) to select the means for collecting and validating evidence students grasped your learning goals. • Stage 3—Plan learning experiences and instructio...

 Three Classes of Natural Philosopher

THOSE who have treated of natural pilosophy, may be nearly reduced to three classes. Of these some have been attributed to the several species of things, specific and occult qualities; on which, in a manner unknown, they make the operations of the several bodies to depend. The sum of the doctrine of the Schools derived from Aristotle and the Peripatetics is herein contained. They affirm that the several effects of the bodies arise from the particular natures of those bodies ariſe from the pa...