The 40-Year-Old Freshman

Charlie is going back to school. Again.

Friday, May 10, 2019

It Is Done

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At 10:00 this morning I handed in my final paper for my Money & Banking class, and with that was finished with my Economics degree. Af...
Thursday, April 18, 2019

Technology as a Substitute for (All Kinds of) Labor

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Most economists don't expect automation to cause mass unemployment. Their argument is that, just as it has done for the last few hundred...
Sunday, April 7, 2019

Premature Nostalgia

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I haven't even finished my time at UT and I'm already starting to miss it. I've come to understand that it's an incredible...
Sunday, January 13, 2019

The 49-Year-Old Graduate?

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Classes for Spring 2019, which will be the final semester of my economics studies, start next week. By the end of the semester I'll be 4...
Friday, November 9, 2018

Synthesis

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So, you might ask, what is it that I propose to do with all of this knowledge of economics once I finish my studies in the Spring? Well, I h...
Monday, November 5, 2018

The Beginning of the End

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I just registered for classes for my last semester at UT. I have mixed feelings about that. On the plus side, I only have one more requi...
Wednesday, October 17, 2018

The Coefficient of Static Friction

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Once you stop, getting started again is the hardest part. That’s just  physics . So let’s get started again. We’re now almost halfway thro...
Monday, January 29, 2018

Payoffs, Tastes, and Preferences

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It looks like I managed to write exactly one blog post last semester. Huh. Let's try to improve upon that. Last semester ended up much...
Wednesday, October 11, 2017

Variance

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I've reversed my earlier decision to move this blog to Medium and will instead keep it here at Blogger. No school like the old school, ...
Saturday, June 3, 2017

The Next New Thing in Economics

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I come from the technology world, which regularly reinvents itself. 30 years ago, the personal computer dominated the industry. 20 years ago...
Friday, June 2, 2017

Readmitted (and It Feels So Good)

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(Apologies to Peaches & Herb .) Well, I've been granted readmission to UT, so that's good. My registration period opens in a c...
Monday, May 29, 2017

It's Happening Again

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Seven years ago I put my economics studies on hold to start a company, which I wound up getting funded, growing, and ultimately selling. ...
Sunday, October 23, 2011

Economics Loses Two of Its Best

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I just removed Greg Mankiw's and Paul Krugman's blogs from my feed reader's "Economics" section. While both of them ar...
Thursday, September 29, 2011

The Ever-Increasing Productivity of Machines

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I have a lot to say about this but not enough time right now to say it. So this post is a placeholder for a future discussion. But here'...
Monday, July 18, 2011

Bummer! I wasn't selected to attend the Startup-Onomics conference.

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I just got the email from the organizers of Startup-Onomics: The Behavioral Economics Summit for Startups : At this time we have sent out th...
Sunday, July 17, 2011

Economics I Can Believe In

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Son 1 has fixed my blog problem. I'm going to make him a carrot cake. Comparative and absolute advantage.... Sun Jul 17 08:54:28 via T...
Monday, June 13, 2011

Jeremy Grantham Goes Malthusian

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From Business Insider , JEREMY GRANTHAM: We're Headed For A Disaster Of Biblical Proportions Specifically, Grantham says, the phenomenon...
Wednesday, June 8, 2011

Homo economicus?

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From How, and When, to Make a Decision in The Economist's More Intelligent Life magazine: If all our decisions are so influenced by ex...
Friday, June 3, 2011

ZMP's Revisited

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Tyler Cowan, following up on last summer's discussion of Zero Marginal Product workers (ZMP's, as he calls them), offers a proof p...
Monday, May 30, 2011

Startup-Onomics: The Behavioral Economics Summit for Startups

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Has it really been more than seven months since I last posted to this blog? Yikes! Well, at least I have a good excuse: I've spun a new...
Monday, October 18, 2010

The New York Times on Why Economists Disagree

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From The X Factor of Economics: People : “But there’s a good reason that human irrationality isn’t part of the standard economic models, and...
Friday, August 27, 2010

Intermission

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I'm taking this semester off from my economics studies to devote more time and thought to my business , and our new product in particul...
Sunday, August 15, 2010

Hard Economics Times

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From: Kerry A Pasquale <kerry@austin.utexas.edu> Subject: INFORMATIONAL: ECO 351K Cancelled for Fall Date: August 13, 2010 12:07:0...
Monday, July 19, 2010

Diminishing Marginal Utility of Business School

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This ad for UT's MBA program is probably truer than it was intended to be:

Zero Marginal Product Workers

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There's an interesting debate going on over at Tyler Cowan's Marginal Revolution blog about Zero marginal product workers . Here...
Saturday, June 19, 2010

NNT on engineers, mathematicians, and economists

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The Black Swan author Nassim Taleb makes so secret of his disdain for economics and most economists. Engineers can compute but not define,...
Monday, June 7, 2010

So I actually earned that A after all

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Last week I sent this email to Dr. Watson regarding my ECO 420K grade: Dr. Watson- I'm happy and relieved to see on the registrar's ...
Monday, May 24, 2010

Blackboard for iPad

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UT uses an online system called BlackBoard that lets instructors post assignments, grades, course documents, etc. Blackboard now has an iPad...
Friday, May 21, 2010

420K Grade

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I'll be collecting my thoughts about this course and posting them later. But for now, I'll just say I'm glad it's over and t...
Sunday, April 25, 2010

Just registered for the Fall semester

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I had planned on taking statistics next semester, but after micro theory I need something more interesting to keep me engaged. So instead of...
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About Me

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Charlie
Austin, Texas, United States
Hi, I'm Charlie Wood. I'm the founder and former CEO of Spanning (acquired by EMC), a married father of two, a native Texan and Austinite, and the oldest guy in most of my classes at UT, where I'm adding an economics major to my computer science degree.

For more about my re-entry into academic life, read this blog's inaugural post.
View my complete profile
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