A version of this article was published in the Cornell Business Journal, an independent student-run publication. In October last year, the Congressional Budget Office (CBO), a non-partisan arm of the Congress, came out with a study saying that in the decade beginning 1997, income grew by 18% for the bottom 20 percent of households, … Continue reading
Book: Moneyball Author: Michael Lewis Key takeaways: This is a story about Oakland A’s–an American baseball team, who performed immensely well in the late 90s and early 00s, despite having an incredibly small total paycheck. The story’s protagonist in Billy Beane, who brought a statistical approach to hiring and firing its players. I personally don’t … Continue reading
