How Much Money Learning a Foreign Language Is Worth

How To (Really) Learn A Foreign Language While You Sleep

The old saying that we can solve problems more effectively when we “sleep on it” may be especially true if the problem we’re trying to solve is learning a new language. Researchers from two Swiss universities wanted to know if they could enhance the learning of words from a foreign language [...]

Is Bilingualism Really an Advantage?

For most of their lives, bilinguals might not show any real benefits. The true edge may come far later.

How I Learned a Language in 90 Days

Becoming bilingual opens up a whole new world of different people, different cultures, and different emotions. It also takes a huge time commitment—on

I Learned to Speak Four Languages in a Few Years: Here's How

Lifehacker reader Gabriel Wyner was tasked with learning four languages in the past few years for his career as an opera singer, and in the process la

The future of language

These charts will help you choose the language you should focus on today.

Who is rich in America, and why?

A review of “The Everywhere Millionaire” by Zidar and Zwick

Learn Languages with LearnWithOliver.com

Daily language exercises, audio flashcards, arcade games, annotated texts and AI chat. Free to start.

Opinion | Michael Bloomberg: Why I’m Giving $1.8 Billion for College Financial Aid (Published 2018)

Let’s eliminate money problems from the admissions equation for qualified students.

These are the average graduate salaries for every subject

Here's how much you could earn depending on what you studied at uni.

Sleep learning: Learn a language a week – you must be dreaming!

Sleep learning sounds too good to be true, says Michael Hewitt.

8 documentaries that will make you smarter about money

These will keep you entertained and teach you valuable lessons about money and the economy.

Pay Enough or Don't Pay at All*

Abstract. Economists usually assume that monetary incentives improve performance, and psychologists claim that the opposite may happen. We present and disc

Large Language Models: An Applied Econometric Framework

Large language models (LLMs) enable researchers to analyze text at unprecedented scale and minimal cost. Researchers can now revisit old questions and tackle novel ones with rich data. We provide an econometric framework for realizing this potential in two empirical uses. For prediction problems—forecasting outcomes from text—valid conclusions require “no training leakage” between the LLM's training data and the researcher's sample, which can be enforced through careful model choice and research design. For estimation problems—automating the measurement of economic concepts for downstream analysis—valid downstream inference requires combining LLM outputs with a small validation sample to deliver consistent and precise estimates. Absent a validation sample, researchers cannot assess possible errors in LLM outputs, and consequently seemingly innocuous choices (which model, which prompt) can produce dramatically different parameter estimates. When used appropriately, LLMs are powerful tools that can expand the frontier of empirical economics.

AI's Economics Don't Make Sense

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