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Economics nonlinear dynamics Problem Solving real world Statistics

Return of the Econometrician

So, as part of my trying to finish my college degree over the years, I find myself taking ECON 690: Senior Seminar: Economic Inquiry and Analysis. I missed the first class, as I was away on a business trip, so in preparation for my initial night of attendance, the professor suggested I read the syllabus […]

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Economics Politics Randomness Risk Statistics

Modern Political Absurdities II

Part 2 of 2 Continued from Part 1 As one might anticipate, the wealth process is dominated by what we call a winner-take-all effect. In America, going back to our founding, those with money and privileges have tended to try to control the process. Sadly, we should acknowledge that there is a non-insignificant proportion of […]