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Hedge Fund Guru: Math Education Critical. "Those who are good at math should have an incentive to teach" – "Math for America" provides that incentive.

James Simons knows a thing or two about the laws of supply and demand. He has been running the successful Renaissance Technologies investment firm for more than 20 years. And from what he’s seen in his own children’s schooling and his firm’s workforce, Simons says some basic rules of economics need to be applied to U.S. education: Those who are good at math should have an incentive to teach.

In 2004, Simons founded Math for America http://www.mathforamerica.org/ , a program in New York City that gives stipends to people with a math background who are interested in a teaching career. The program became the model behind the national education program proposed in April as part of Congress’ America Competes bill.

By MADLEN READ
AP Business Writer

Full Story: http://www.chicagotribune.com/business/ats-ap_business12may18,0,3523001.story?coll=sns-business-headlines

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