Could Machine Learning and NLP Have Predicted Oil’s Crash? The Answer is YES.
A guide on how to combine Machine Learning and NLP to successfully predict the COVID-19 lead oil crash. On April 20th, 2020, futures for WTI (Crude oil’s U.S. benchmark) reached for the first time in history negative...
Who is gaslighting whom?
In the past, we would talk about confusing, deluding, brainwashing, or messing with someone’s mind. Polish speakers would talk about making water out of someone’s brain. Today, the word for the same is “gaslighting.”...
Millennials and Generation Z. A rented dress sounds sexier than a loan
As young consumers develop a preference for sharing or renting goods and services over purchasing, global business is confronted with an interesting challenge. Millennials, who came into the world in the 1980s, and Generation Z,...
Declining GDP, Skyrocketing National Debt, and a New Technology That Can Create a Robust...
The financial wreckage that the COVID-19 crisis leaves behind will be devastating and long lasting. Already economists are debating whether the cure – the near destruction of the global economy – is worse than...
How the NFL Encourages Fair Competition
The NFL shows how a closed market increases competition while a free market only works for a dominant minority The NFL draft may feel a little different this year due to Covid-19 but the rules...
The greatest financial lesson from the current pandemic
The lockdown due to the current health crisis has impacted everyone mentally, physically and financially. However, the financial impact from the lockdown will affect individuals and businesses unequally. While some companies and people focus...
Stock buybacks and why we all pay for them.
We entered 2020 on the back of record-high debt burdens, geopolitical tensions, elections and a climate war. Not even 3 months in and we have an oil price war, demand shock and a supply...
Demographic Economics: Studying the Changing Patterns of Consumption and Saving
Fundamentally, a large part of the total income of an economy comprises the patterns of consumption and savings which is highly affected by the aging individuals and the constantly changing demographics of that country. All...
Cash is king, more potent than we think
On March 12, 2020, on the eve of President Trump declaring COVID-19 a national emergency, the New York Times reported that something weird had happened on Wall Street as traders ran for cash. They...
Crisis? 3 Ways VCs Adapt
There is a global crisis going on as I write this article. It’s not the first, it won’t be the last. A lot has been written about how startups should manage themselves in a...
Argentina – a warning to the United States and China
One can wonder why it is that North America is prosperous, but Latin America has fallen far behind. After all, about 500 years ago both started from the same point. Why did some end...
Could Modern Monetary Theory Save America?
I Become President For A Day To Apply Modern Monetary Theory (MMT) To The US Economy Politicians and academics are making dramatic claims about MMT. I apply it to the 2018 US economy and learn...
Science and Money in the Climate Change Debate
… if we had one There is no public debate about climate change. On Medium, where I post my texts, there are thousands of articles about climate change. I read many of them and wrote...
Will Artificial Intelligence save the labor market?
To show that the question in the title can be answered affirmatively, I am going to explore the way smart technologies help resolve social problems. The problems include an aging labor force gradually leaving...
Using Mobile to Help Eradicate Child Labor on Ivorian Cocoa Farms
West African farmers use child labor to cost-effectively scale production of the cocoa used by chocolate companies to make chocolates. Out of the sights and minds of consumers, this matter is often unable to...
Is Amazon Going to Fail?
Amazon has changed the world for retail. But has it ever occurred to you that one day it might fail? In 1893, Richard Sears had the idea to create a brand new departmental store called...
Ukraine: Politics, Business, and Corporate Feudalism
The world's political landscape is constantly changing. Throughout centuries the rules of engagement have shifted from monarchy to social totalitarianism, consequently further into what we currently witness, i.e., corporate Feudalism. The most vulnerable of...
Nordic social program to welfare state capitalism
Two resorts distant from free-market capitalism The society or the world at large is the quintessence of every human being. As a spirited social existence, humans have an innate tendency to aggregate by inhabiting jointly...
Pacific Gas & Electronic: A silent Partner in the Unsustainable Golden State Economy of...
The state of California, with the 39.56 million in Population and Area of 163,696 square miles, has a net worth over $6 trillion or about $160,000 per resident. The Golden state keeps up 17...
Market, Economy, and Cycles, Part 2
In the previous article, we gave an overview of the emergence of crisis. Next, we will further illustrate how cycles should be dealt with in light of Ray Dalio's analysis of the economic system,...