R. Preston McAfee is the J. Stanley Johnson Professor of Business Economics and Management at Cal Tech and a renowned expert on issues relating to pricing of goods and services.
Before going to Cal Tech, Professor McAfee was the Murray S. Johnson Professor of Economics and former Chair of the Department of Economics at the University of Texas at Austin. In this engaging lecture on how companies determine prices, Professor McAfee reveals that his decision to leave UT for Cal Tech was cemented when he received the following email from the UT administration regarding a message from the Texas Higher Education Coordinating Board:

From the Texas Higher Education Coordinating Board:
Your last name is your password. If you have questions or have forgotten your password, please contact the Coordinating Board.

Hat tip to Craig Newmark for the link to Professor McAfee’s lecture.