Why prediction markets are not popular
By Nick Whitaker and J. Zachary Mazlish, this is the best piece on this question so far. In the excerpt, I note that I will […]
By Nick Whitaker and J. Zachary Mazlish, this is the best piece on this question so far. In the excerpt, I note that I will […]
We must be careful with words, expressions, and sayings, especially those political hyperboles that reinforce the statist zeitgeist of our time. You are a product […]
by Charles Oliver, The reasonMay 10, 2024. Quote: A German court has ruled that robots in a supermarket in Tegut must be taken out on […]
Billionaire investor Ray Dalio warns US ‘on the brink’ and estimates more than 1 in 3 chance of civil war Fortune The Civil War taught […]
economic downturns, stock market downturns, and housing market downturns. As of December 19 (The Newport Beach Independent): Recession: The US is likely to enter a […]
I’m happy with how this turned out, here’s one episode: I think we are overestimating the dangers of American democracy. The intellectual class is very […]
Inflation in April and May was over-predicted by consumer-based surveys ahead of the year. Figure 1: Year-over-year CPI inflation (black), average expected from the Survey […]
Talking about the dollar as a reserve currency next week [2]and I noticed these interesting ways. Figure 1: Share of FX profit in CNY (red […]
In his book Little Report, HL Mencken writes: “The desire to save mankind is almost always the false face of the desire to rule it.” […]
In yesterday’s post, I noted a recession forecast based on a probit equation that includes the debt service ratio yielded a much lower probability in […]
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