Those in the economics profession are often charged with making forecasts. For some periods, there is a lot of agreement regarding the path of the economy. But then the road gets bumpier, and opinions begin to differentiate more and more. Th
The Odyssey is an epic poem written by Homer, telling the story of Odysseus, a Greek warrior embarking on a long journey home to Ithaca after the Trojan War. Along the way, Odysseus faces many adventures and must battle monsters, gods, and the sea itself. He eventually makes it home, but not before enduring a series of obstacles and tasks set by the gods.
America’s central bankers gathered for the first time this year earlier in the week. Each year, four presidents of the Fed’s regional banks serve a 12-month term on the Federal Open Market Committee (FOMC) to help the seven governors and the President of the New York Regional Fed Bank set monetary policy, making this the first time for the current mix to decide on interest rat
Black Friday’s moniker is explained as the day when retailers go from being in the red for the year into positive earnings. Atlas won’t argue, but we cannot say for sure that this is still what happens. After your heart calms down from all the savings on Friday, you can hit Main Street America for Small Business Saturday. What a weekend. And then when you get bac
Our global economy is struggling. It started with the global pandemic. This led to uncertainty which forced leaders across the world to shut down economies. Then fiscal and monetary policies ensued as households needed support. Eventually things started to normalize but cash created out of thin air to support output remained in the system. This eventually led to in
Technologist are busy creating machines capable of making human-like decisions in an instant. Self-driving cars are probably the most obvious example. In 2014 researchers at the MIT Media Lab introduced the Moral Machine, a website to crowdsource individuals’ decisions on how self-driving cars should prioritize lives in accident scenarios (e.g., how should it react when faced
American pop culture was lucky enough to be graced by the Talking Heads for 16 years before they split up in 1991. Their willingness to experiment with and mix various sounds made them a seminal force in the creation of new wave music, a whole new genre at the time. Their second album titled More Songs About Buildings and Food is a perfect starting point for a future blog a