Just imagine – 10% of the workforce already replaced and the trend is rising.
Korea is the first nation with such significant robot 'population'.
#EconSky
www.independent.co.uk/tech/robots-...
Just imagine – 10% of the workforce already replaced and the trend is rising.
Korea is the first nation with such significant robot 'population'.
#EconSky
www.independent.co.uk/tech/robots-...
Regular players enjoy loot boxes for their gameplay complementarity, but whales mostly get loot box value from the direct utility.
papers.ssrn.com/sol3/papers....
Regular players enjoy loot boxes for their gameplay complementarity, but whales mostly get loot box value from the direct utility.
papers.ssrn.com/sol3/papers....
I'm a PhD student in economics at UMKC here in Kansas City. I have a bunch of interests, but mostly my recent work has been on shadow banking and securitization. I have a Post-Keynesian/Minskyan outlook, but I've dabbled in Marxian economics as well.
I'm a PhD student in economics at UMKC here in Kansas City. I have a bunch of interests, but mostly my recent work has been on shadow banking and securitization. I have a Post-Keynesian/Minskyan outlook, but I've dabbled in Marxian economics as well.
We don't really have any good theories about the prices of most financial products. Most of the theories we have rest on assumptions which are known to be false or aren't falsifiable. Most prices are probably just vibes.
The Born Rule — the square of the wavefunction represents a probability distribution — is just a made up assumption that apparently works and no one knows why.
Essentially every atom in Universe heavier than helium was produced in the life or death of stars because the Big Bang was first too hot and then too low in density for the right nuclear fusion 🧪
We don't really have any good theories about the prices of most financial products. Most of the theories we have rest on assumptions which are known to be false or aren't falsifiable. Most prices are probably just vibes.
youtu.be/P8-lm6I5LJ8?...
youtu.be/P8-lm6I5LJ8?...
Top financial watchdog says shadow bank vulnerabilities yet to be fixed on.ft.com/4cPMKHD
#EconSky
Top financial watchdog says shadow bank vulnerabilities yet to be fixed on.ft.com/4cPMKHD
#EconSky
Triple A rated “senior” bonds in default. These are the same kind of mortgage backed securities that caused all the problems in 2007/8.
I don’t understand why these things are still legal.
#econsky
on.ft.com/3xwDZmn
Triple A rated “senior” bonds in default. These are the same kind of mortgage backed securities that caused all the problems in 2007/8.
I don’t understand why these things are still legal.
#econsky
on.ft.com/3xwDZmn
George Selgin and Steve Keen had a debate over Selgin's recent paper that's worth watching. Selgin comes off as a bit more reasonable than his paper, in my opinion.
www.youtube.com/live/jbXcvv4...
George Selgin and Steve Keen had a debate over Selgin's recent paper that's worth watching. Selgin comes off as a bit more reasonable than his paper, in my opinion.
www.youtube.com/live/jbXcvv4...
youtu.be/RC2oLB4Nsw8?...
youtu.be/RC2oLB4Nsw8?...