Two Things

March 25, 2009

Tim Harford is still clever:

Yet examiners are reluctant to award 110 per cent and there are no AAAA grades. What we see is not inflation but a classic price distortion. Eventually all students will get A grades and they will be meaningless. [..]

Grade distortion is a serious affair. Students and their teachers are forced to switch to grey market transactions denominated in alternative currencies: the letter of recommendation, for example. Like most alternative currencies, these are a hassle.

And for advice on many aspects of your life, I highly recommend the Coronet films on YouTube:

In that video, you’ll want to pay particular attention starting at 6:20.

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