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Actuarial Eye

An actuarial eye on the world

Jennifer Lang
Jennifer Lang is a Non Executive Director and actuary. Jennifer focuses on a fact-based understanding of the world, underpinned by the rigorous use of data to inform understanding. Jennifer is an advocate for the insights actuaries can add to a wide variety of issues. She writes here on anything where her actuarial skills add insights. The posts on this site are personal views.
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Latest Posts

Book Review: Bailout Nation, by Barry Ritholz

2010-01-03
On: January 3, 2010
In: Book Reviews, Economics

Today’s book review is Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy, by Barry Ritholtz, with Aaron Task. Barry Ritholtz is the author of The Big Picture, a blog I became addicted to when I was trying to make sense of what was going onContinue Reading

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Book Review: The Pin Striped Prison, by Lisa Pryor

2009-12-27
On: December 27, 2009
In: Book Reviews, Economics, Work and life

Today’s Book Review is The Pinstriped Prison: How overachievers get trapped in corporate jobs they hate, by Lisa Pryor. Lisa Pryor is a columnist for the Sydney Morning Herald who got 100% in her HSC (school leaving exams). She started a law degree, but ended up a (less well paid) journalist,Continue Reading

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Book Review: Nudge, by Richard H Thaler and Cass R Sunstein

2009-12-24
On: December 24, 2009
In: Book Reviews, Economics

Today’s book review is Nudge: Improving Decisions About Health, Wealth, and Happiness, by Richard H Thaler, and Prof Cass R Sunstein. I’ve missed the zeitgeist with this one – this book was apparently very popular with Barack Obama’s policy team well before he won the election. And Sunstein is nowContinue Reading

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How is Australia’s fertility? Hint, it’s the Gen Xers, not the baby bonus

2009-12-20
On: December 20, 2009
In: Economics, Parenting

The annual fertility statistics were released last month. There wasn’t as much of the traditional story about how Peter Costello had single handedly forced up the fertility rate by introducing the baby bonus (here’s a story here – reasonably staid), which was so prevalent a few years ago, but I thought wasContinue Reading

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This (sartorial) life

2009-12-01
On: December 1, 2009
In: Work and life

On Friday, one of our major suppliers treated a few of us to a Boardroom lunch. It was very stylishly done, with good conversation about a mix of business and personal topics.  Amusingly, as we were leaving, our host commented that it was a shame it was on a Friday.Continue Reading

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Warning: Actuarial post ahead – mortality statistics

2009-11-29
On: November 29, 2009
In: Economics, Risk management

This week, the ABS released the annual mortality statistics – the analysis of all the people who died in Australia in 2008.. Overall, at a population level, the “standardised death rate” (deaths per 1,000 population, adjusting for a standard age structure) was 6.0 per 1,000 people – the same asContinue Reading

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Why did Australia get out of the GFC so lightly?

2009-11-29
On: November 29, 2009
In: Economics, Risk management

By world standards, the Australian economy is doing very very well. Our unemployment rate was 5.8% in October, up from 4.3% a year ago. No banks have been bailed out.  In May 2009, two Australian banks were in the world’s top 20 by market capitalisation (where Australia has around 1%Continue Reading

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Flexible work – yes it is possible, and easier than you think to manage

2009-11-20
On: November 20, 2009
In: Feminism, Work and life

I’m not necessarily the best person to write about this. I have a very full time job. Both maternity leaves, I came back part time, and ended up full time quicker than I intended, as it just seemed easier to go in for that meeting every single day… But IContinue Reading

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Getting the right incentives for creative thinking

2009-11-05
On: November 5, 2009
In: Work and life

One of the things I’ve been doing lately at work has been setting KPIs (key performance indicators, for those readers lucky enough not to have to keep up with corporate jargon). Coincidentally, this TED talk appeared in my itunes podcast feed: Basically, Pink says that if you are asking someoneContinue Reading

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Flexible work – does it make sense for an organisation?

2009-11-01
On: November 1, 2009
In: Feminism, Work and life

I went to a conference at work recently – 60 or 70 senior people from my part of our organisation. One of the topics was how to improve the proportion of senior women (as an aside, I found it pretty amusing that all the men at my table were shockedContinue Reading

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Actuarial Eye is based on Cammeraygal land. I acknowledge the Cammeraygal people of the Eora nation as the traditional custodians of our region and pay my respects to Cammeraygal elders past,  present.

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