Better wisdom from crowds
The paper, “A solution to the single-question crowd wisdom problem,” is being published today in Nature. The authors are Prelec; John McCoy, a doctoral student in the MIT Department of Brain and Cognitive…Read More
The paper, “A solution to the single-question crowd wisdom problem,” is being published today in Nature. The authors are Prelec; John McCoy, a doctoral student in the MIT Department of Brain and Cognitive…Read More
From the Link: "New digital technologies are changing the rules of competition by expanding the boundaries of what a company can handle and introducing new sources of advantage. Big data analytics, cloud-based mobility,…Read More
From the text: "Why have rates of upward income mobility fallen so sharply over the past half century? There have been two important macroeconomic trends that have affected the incomes of children born in the 1980s…Read More
This is a 3-part video documentary called "Masters of Money", which through revisiting the lives and works of three notable people: Keynes, Hayek and Marx, describes some fundamental ideas and theories behind…Read More
April marked the 79th straight month of job growth, by far the longest such streak on record. The U.S. has added 15 million jobs over that period, nearly 200,000 per month. When the streak began in October 2010, the unemployment…Read More
"In essence, the idea of human capital wasn’t new. Adam Smith had pointed out long before how the skills and abilities acquired by workers (eg, training, education, etc) can add economic value to an enterprise.…Read More
