I don’t think this is what they mean when they say signaling is costly!

Ah, Harvard. The holy grail for Mexican politicians. From 1982 – 20012  4 out of 5 Presidents went to Harvard (de la Madrid, Salinas, Fox, and Calderon). The 5th, Zedillo, slummed it down at Yale. It says something about the parlous state of Mexican politics that current president EPN got his degree from ITAM in Mexico city.

So when Ivan Garza ran for mayor of Monterrey , a big part of his campaign was that he had the intellectual chops to have attended prestigious universities, Harvard chief among them.

He actually campaigned in a Harvard “varsity” jacket:

harvard

Would it surprise any of you to learn that Garza’s total exposure to Harvard consisted of a 4 day course on executive leadership? In effect, Garza paid $9,500 for his sweet jacket.

I am happy to report that Sr. Garza lost the election, to Adrian de la Garza of the PRI who earned his degree at the autonomous university of Nuevo Leon.

 

 

2 thoughts on “I don’t think this is what they mean when they say signaling is costly!

  1. Garza running against de la Garza? I wonder how many people voted for the wrong person (or were voting strictly by party).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s