economics-schools
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Weird
Gave another view for business school rankingHowever, I would strongly recommend applicants to read other guidebooks, in addition to the book, because there is no single, absolutely right ranking in the world. You should use this book as a source to choose your right business school.
A must for all those considering business school!
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A good referenceFirst is the lack of examples. While the book discusses full funding limitations, it does not show you an example calculation. While it tells you how to calculate the minimum liability, it does not show you an example of how to present it in the financial statements. This book is not a text book, but it would be very helpful to see some real examples in practice rather than only discussions about the rationale behind the method.
Second, the single chapter on pension accounting is weak. Issues not mentioned include accounting for minimum liability, disclosures under FAS 132, understanding the relationship between funding and expense, curtailments and other plan amendments, the interrelationships between the conflicting limitations of ERISA/IRC/GAAP, the effect of pension assumptions on the financial statements and the impact of FAS 87 for an over funded plan on the financial statements of the sponsor. The perspective focuses more on the reasons the accounting standards exist, not the strategy or day-to-day issues of how the pension affects the financial statements of the sponsor. If accounting is what you need, buy a current intermediate accounting book.
Very complete yet sometimes boring: serious stuff !
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common sense
Who Knew School Could be So Affordable?

Misunderstands both Democracy and MarketsThe author correctly emphasizes the importance of cooperation toward shared goals to a democratic society. But he completely misses the fact that cooperating voluntarily in smaller groups is often better than fighting each other in the political arena over who gets to force their will onto everyone. As a result, he does a gross injustice to those of us who view the application of market forces in education not merely as an exercise in self-interest but as a way to achieve the fundamentally democratic goal of helping as many families as possible get as much of what they want as possible in their children's schools.
I do think the author has some worthwhile points regarding the dangers of some particular "reform" ideas that attempt to partially incorporate market principles without incorporating the most important market principle of all: choice. But even those would come across a lot better if the author didn't display an almost blind hatred toward markets.
Stop the Corporate Juggernaut in Our SchoolsIf you care about the future of our schools, our children, and our country, you should read this book. Engel will open your eyes to the real and disturbing trend of corporate influence in public education.
In his conclusion, he urges you to get involved with your local school board, which never receives much input from the community. Go to the board meetings, find a candidate you support and help him/her win, run for the board yourself...just do SOMETHING before it's too late and we've lost control of our schools.

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not worth it
Great book
An excellent guide
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Eeeehhhh
Great and Simple
Sensible, Readable Introduction to the Stock Market
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Whiny limousine liberal
Irritating and Disappointing
Inspiring and thought-provoking!As Kahlenberg searches for a job and dogmatically asks each interviewer about the firm's pro bono work (he is interested in little more), he occasionally comes across as an elitist; his sense of noblesse oblige is mildly nauseating. Throughout the book, Kahlenberg operates on the assumption that class-action lawsuits are morally right, that cases brought by poor people are just, that all big corporations are evil, that people have to sell-out to earn big salaries and that "conservatives" are willing to do anything to guarantee the rights of the rich.
However, don't let these relatively small negative aspects of the book deter you from reading it, even if you identify yourself as a conservative. His larger point is this: "since each of us struggles daily with good and bad impulses, we might want to restructure our social institutions in order to make it a little easier to do good" (235). This book does not target a certain ideology, except perhaps greed. Kahlenberg does not pull any punches and the targets of his criticisms span the ideological spectrum (although he does let a few more land on the right side of the spectrum).
Broken Contract rates a full four and a half stars. Broken Contract challenged me to think critically about my motivations for attending law school and broadened my perspective on life in general and on the legal community in particular.

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Smacks of "Hired Gun" hatchet jobIf you studied economics, or more importantly, critical reasoning in college, you will be very disappointed in this hackneyed effort.
Make no mistake, the Friedman statist economics is certainly not immune to criticism. This just isn't it. It's almost like you're in a time warp swept back to the age of Ricardo, Marx and other collectivists with absolutely no memory of the total discrediting of that theoretical nonsense by the real world over the past 50 years.
Am still trying to understand the critique of capitalism as "failure" in Hong Kong, Taiwan, South Korea where the people are demonstrably freer, certainly better off economically, and with real prospects for steady improvement in their lives than most other people throughout the world.
I mean where do you knuckleheads see a better life, the state managed economic paradises like Nigeria, Kenya, Burundi, Argentina, or maybe Brazil? Get real. Friedman at least is right in that sense: freedom is the single most important factor in improving the quality, and importantly, the length of ones life. And capitalism is the only economic system consistent with individual freedom. But the free market does not mean that an imperial Federal Reserve must exist to "plan" (read: control) your economic life.
Only for open mindedAs for myself, I have a Ph.D. in economics from Stanford University, and was committed to the idea that free markets/free trade is the best solution for all economic problems -- this is the basis of current economic theory. I chanced upon a book entitled Economics and World History: Myths and Paradoxes by Paul Bairoch. One of the chapters shows that historically, free trade has the opposite effect of the one that I had been led to believe in graduate school. Among many historical examples presented, Bairoch showed that the colonies did very poorly under a free trade regime. I was extremely puzzled at this contradiction between historical experience and theory. I asked some of my mentors about this, and was even more surprised by their reactions. In graduate school we studied only theory, with virtually no relation to actual economic history, and my mentors, well known professors at distinguished universities, seemed fairly unfamiliar with history and seemed to think it irrelevant. Their attitude struck me as pre-scientific; one decides on a priori theoretical grounds that the heavier stone will fall first and never bothers to actually drop two stones and check whether or not it is true.
After this failure of my colleagues to reassure me of the validity of neoclassical views and rebut Bairoch, I started investigating the validy of this model on my own. In the process I read this book and found it very enlightening. It contains enough data to convince one who is open minded that the free market model does not actually work in practice, great as it appears in theory.
Lies and propaganda exposedIt's their job to instill in minds like that of Jerroldd the belief that, for example, South Korea flourished thanks to laissez faire economic policy while abundant evidence points to the contrary. It seems characteristic that Jerroldd doesn't even try to refute a single claim that Rayack makes. Instead, he resorts to vague cliches about academic Left, supposedly out of touch with reality. Ironic, isn't it?

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superficial book
good, but the Vault guides are better
better information in the Vault guides
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Perhaps useful to quell anxiety, but it's not the best...The point of writing the application essays is to emphasize your candidacy while presenting yourself as unique "fish" among the "school" of applicants. While the examples and critiques are mildly interesting, they don't do that much to help you be yourself.
A better, and more holistic analysis of positioning your entire application is presented in the Richard Montauk book, "How to Get Into the Top MBA Programs."
If you're interested purely in the essay portion, the Harry Bauld "On Writing the College Application Essay" is much better because it adds a human (and humor) element to writing. (Don't be misled by the undergraduate flair: Harry Haggard and Sarah Bleary review B-school applications, too!)
Useless!
Quick and to the point