Almost all the choices we make in life — like trying a new restaurant, deciding to go to school, or moving across the country for a new job — are made with some level of uncertainty. We might get food poisoning, take on a bunch of student loan debt and end up hating school, or … Continue reading Trygve Haavelmo: Bringing Economics To Decision Makers
Duped Because We Don’t Know Economics
Citizens of the greatest economy in the world don’t know economics. This comes at a high price when we’re duped into accepting bad economic policies. We’re GenFKD because no one is teaching economics The public school system in the United States fails to communicate economics to the rising generation of citizens, leaving them (and us) … Continue reading Duped Because We Don’t Know Economics
Safety Or Crony: General Motor’s Attempt To Lay Out The Rules
Sometimes, it’s hard to tell if a new regulation is put in place to ensure safety or to make it difficult for competitors to compete in the same market. In the case of Michigan’s unprecedented rules on self-driving vehicles, General Motor’s involvement is not making it any easier. As the world gears up for driverless … Continue reading Safety Or Crony: General Motor’s Attempt To Lay Out The Rules