Google Reader Feed: My Shared Items
For those interested in the smart and witty discussion of economics (behavioral and otherwise) do yourself a favor and check out Jodi Begg’s Economists Do It With Models (the title says it all). Beggs is a Ph.D. Candidate at Harvard and focuses on behavioral economics (incentives, generally). She has a great sense of humor and [...]
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This weekend’s Financial Times featured a great interview with economist, and ‘prophet’ of the recent economic metldown, Nouriel Roubini. At a time when many economists and financial commentators where underplaying, if not downright ignoring, the looming credit crunch, Roubini was warning of the impending chaos of the markets. Some may claim that he was simply [...]
Filed under: Uncategorized | Tagged: Economics, Recession | Leave a Comment »
Correlation doesn’t always equal causation, but often correlation can serve as a signal. The collection and analysis of data in some areas of the world is messy and slow. Often times this means the data can only tells us what happened in the past. What we would ideally like is a snapshot of events and [...]
Filed under: Uncategorized | Tagged: data mining, data-driven world, Economics, signals, statistics | Leave a Comment »
I wrote my senior honors thesis back in 2000 on the interplay between transnational organized crime, corruption, and privatization in the former Soviet Union. At the time I thought is was pretty good, impressive in fact. Well, I’ve learned through the years that, in the words of Nero in Mel Brooks’ History of the World, [...]
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Clive Crook does: The problem is not just that specific rules – higher bank capital requirements, for instance – threaten profits and are therefore opposed. It is that all governments see themselves as partners of their industries in world competition. Regulators seek not a level playing field but one tilted to their own groups’ advantage. [...]
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I was familiar with Collier’s work and those that he takes on (Bill Easterly, Jeffrey Sacks) for some time before finally picking up this highly acclaimed book. It didn’t disappoint. The Bottom Billion is an accessible summary of Collier’s work which focuses on the peculiar problem of development for the poorest countries in the world. [...]
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The story of “The Great Recession”, as many are calling the current economic crash, is in the process of being told. There are so many angles and players that it is difficult to tell the story in one single work. Each article and book that comes out focuses on one aspect of the crisis (e.g. [...]
Filed under: Uncategorized | Tagged: Economics, Recession, Wall Street | 1 Comment »
Alan Turing, one of the most brilliant minds to have graced the earth, devised a test to determine whether or not a machine possessed intelligence. This test became known as the Turing Test. A pair of researchers have developed a similar test to determine whether humans can tell the difference between actual financial market returns [...]
Filed under: Uncategorized | Tagged: Economics, evolution, perception | Leave a Comment »
Noah asks a provocative question: What if businesses came with expiration dates? Nobody wins forever. It just doesn’t happen. What we see in reality are millions of corpses of businesses and ideas that have made their impact (or not) and then petered out into oblivion without leaving much more than a memory. Some of them [...]
Filed under: Uncategorized | Tagged: Business, Economics, game theory | 2 Comments »
Operation Mincemeat: How a Dead Man and a Bizarre Plan Fooled the Nazis and Assured an Allied Victory
Codes of the Underworld: How Criminals Communicate
The Lords of Strategy
The Spy Who Came in From the Cold
Alpha Dogs: The Americans Who Turned Political Spin into a Global Business
The Bottom Billon
