
Adam Smith (1723-1790) was the great Milton Friedman (1912-2006),
Scottish philosopher and economist who possibly the greatest economist
is best known for his book The Wealth of Nations. of the 20th century.

*Economics majors do better than almost any other graduates after 10 years!!
*An economics professor explains why economics is a popular major @ Harvard
*80 year old gets PhD in economics at University of Chicago!!

Timothy Perri
Department of Economics, Appalachian State University, Boone, NC 28608
Phone: (828) 262-2251; Fax: (828) 262-6105; E-mail: perritj@gmail.com; Web: www.appstate.edu/~perritj
Fields: labor economics, economics of information, & industrial organization
Education: B.S. (economics), University of Kentucky; M.A. & Ph.D. (economics), Ohio State University
Papers
"Between the Penthouse and the Outhouse: The Sorting of Economics Professors" February 2012
"Spence Revisited: Signaling and the Allocation of Individuals to Jobs" January 2012
"A Competitive Model of (Super)Stars" August 2011. Forthcoming in Eastern Economic Journal
"Uncle Sam Wants Whom? The Draft and the Quality of Military Personnel" August 2011
"Substitution and Superstars" June 2011
"Can A Draft Induce More Human Capital Investment in the Military?" June 2011
"Garden Leave vs. Covenants not to Compete." Review of Law and Economics, Vol. 6, Issue 2, 2010,
"The Draft and the Quality of Military Personnel" March 2010
"The Payment of Professors: Implications for Professorial and Student Human Capital" May 2008
"Raiding and Signaling in the Academic Labor Market" June 2006
"How Might Adam Smith Pay Professors Today?" July 2005

Econ 3720. Syllabus:
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MBA 5110. Syllabus:
Problem Set 1:
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Set 2:
Problem Set 3:
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Set 4:
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