Easy Credit and Bad Debt
When I was young, critical as I was, I took the economic textbook too seriously. I thought low interest rates meant easy or loose credit […]
Month: September 2016
I Told You So: China Debt Reprise
Regular readers of my blog will recall that I warned months ago that China will be the center of the third leg of the world […]
Weapons of Math Destruction
Last week, just after I submitted my blog, I heard on NPR about a book arguing similar points by Cathy O’Neil, titled Weapons of Math […]
Statistical Deception
Statistical reasoning is a valuable tool that is unfortunately vastly abused in practice. Whether because of mistaken self-deception or deliberate misdirection, statistical arguments are routinely […]