Modeling Principles Almost all, if not all, applied science is based on the idea of a model. There are problems in the real world, and we would like to create a theory to solve such problems. One of the pillars or the main foundation of quantitative modeling is its effectiveness. But how can a model be effective? By demonstrating that it is simple, reproducible, and applicable in other areas of knowledge.
Houses are getting more expensive. In this post, I look at the reasons why.
The post From Commodity to Asset: The Truth Behind Rising House Prices appeared first on Economics from the Top Down.
Your browser does not support the audio tag. Download: PDF | EPUB | MP3 | WATCH VIDEO [R]esource productivity can — and should — grow fourfold. … Thus we can live twice as well — yet use half as much. — Factor Four , 1997 When it comes to our sustainability problems, striving for greater resource efficiency seems like an obvious solution.
My how time flies. As of April 11th, 2024, I’ve been blogging for five years. To celebrate, I thought I’d engage in some obligatory naval gazing. Why blog? I started this blog on a whim. In the spring of 2019, I was one year post PhD and busy publishing pieces of my dissertation. It was about as much fun as licking sandpaper. The problem, I now realize, is that I hate academic writing.
Aqui voce pode encontrar a apresentação: Link da Apresentação Aqui você se cadastra para participar do sorteio dos livros: Link para o Formulário You can also reproduce this by choosing the city you want. Check out the complete code on my Github. Hey! 👋, did you find my work useful?
Download: PDF | EPUB When it comes to Bitcoin, there’s one thing that almost everyone agrees on: the network sucks up a tremendous amount of energy. But from there, disagreement is the rule. For critics, Bitcoin’s thirst for energy is self-evidently bad — the equivalent of pouring gasoline in a hole and setting it on fire. But for Bitcoin advocates, the network’s energy gluttony is the necessary price of having a secure digital currency.
Download: PDF | EPUB Tech development is often portrayed as an open road — a smooth freeway of continuous progress. But the truth is that the road of technology is more like a suburban street, paved with numerous unmarked dead ends. To see one of these dead end, look at roads themselves. As a method for moving people, roads work well … until you fill them with millions of cars.
Well, another year of blogging is over. For me, it was a year of research themes. I spent the first half of 2023 debunking interest-rate orthodoxy. Then I spent the second half of the year studying the world’s billionaires. Here were the top 5 posts: Do High Interest Rates Reduce Inflation?
Download: PDF | EPUB In their book Manufacturing Consent , Edward Herman and Noam Chomsky argue that the mainstream media functions largely as a propaganda arm for the state. When the war drum beats, the corporate media tows the government’s line, censoring facts that don’t fit the official narrative. Outside of war, media bias is typically less overt. But to the careful observer, it can still be discerned.
Rambling (proxy for an introduction) We are experiencing the chaos of the information age, and its technological advents with voracious evolution and expansion. And in the midst of all this we have the advent of Big Data that has reached the delights of many with Data Science, Machine Learning and Artificial Intelligence. As a result, the idea of mathematical and statistical “models” became the rage, gaining visibility.