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There isn't enough psychology in the economic models

We're all just economic agents seeking to maximize market efficiency, right? Few people believe that today but reading through the stories of people lives who were unalterably changed after the financ... read more

Race was the biggest factor in 2016 — but economics is still Democrats’ winning message

But is there really such a divide ... especially since those voters’ racial identity isn’t necessarily their only identity. So what does Third Way believe that message should be? ”It’s about having an ... read more

Remembrance For Walter Mischel, Psychologist Who Devised The Marshmallow Test

After graduating from New York University with bachelor's and master's degrees in psychology, he went on to get a Ph.D. from the Ohio State University in 1956. Mischel's education left him frustrated ... read more

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Copper-nickel? The data say it’s bad economics

Yet there is a remarkable ... talking about here. This isn’t a question of mining jobs versus tourism jobs. That’s a false argument made by people who should know better. The recent Harvard study used ... read more

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Physicists’ simple spanks economists’ complex in economic growth forecasts

There isn’t even a good approximate model. Indeed, simple models that provide insight do not offer predictions. Instead, predictive models are statistical in nature. These make use of historical econo... read more

Why the Bears Are Wrong About iQiyi Stock

However, unless the recent trade tensions escalate enough to dramatically damage the Chinese economic growth engine ... video and building out from there. Things look promising on that front. iQiyi's ... read more

What’s missing in the fight against porn? Author thinks he has the answer

Coping for a time isn't enough ... “Lord ... Equipped with degrees in theology and psychology, as well as candor regarding the struggles he himself has overcome, Pokorny offers hope, vision ... read more

The Robots Can't Stop Us Repeating the Mistakes of 2008

There is ... don't spend enough time thinking about these problems, they just want to rush it through some cool new piece of software, they check against some sort of goodness-of-fit test, and they sa... read more

Calling the top for real estate?

There have been many academic studies on the predictability of real estate cycles, concluding that they happen broadly every 18 years. The accuracy of professor Fred Foldvary’s 1997 prediction in the ... read more

There Isn't Supposed To Be The 2 Directions Of IP

There is little ... shutdowns and model reorientation. In June 2013, for example, MVAs came in at 11.2 million even though in the next month automakers would prolong their shutdowns (just 9.66 million ... read more

The Test of American Exceptionalism

That brings me to the second element in my little mental model ... isn’t really about Trump or Trumpists, scandals and intrigue — it is the culmination of a set of socio-economic ... read more

St. John’s price cut good for the school, and Santa Fe

But over the years it apparently has produced enough ... isn’t for everybody. It’s not trendy or trying to be modern. It’s not offering the kind of job-specific training that politicians and economic ... read more



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