EclectEcon

Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre                                     A View from/of the Econochasm by John Palmer

Richard Posner deserves the next Nobel Prize in Economics
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Mandatory Retirement
During one of our many recent graduation ceremonies, we went through the process of honouring four professors emeriti. By the time we finished the fourth one, a senior member of the platform party (to be left unnamed) said to those of us within earshot,

One good thing about getting rid of mandatory retirement is we won't have so many emeriti going through graduation.
Someone else said that we'd have just as many but it would be deferred for a few years.

His/her response:

Not if they die or get too sick to show up.
Now that Ontario is getting rid of mandatory retirement, I'm staying 'til I'm 90.
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