Introduction. After watching an interesting video on risk management, I asked ChatGPT to go over the four concepts of risk events — Black Swan, Gray Rhino, Dragon King, and Wicked Problem. Then I asked it to figure out what was missing and it came up with the White Tiger. Maybe there is a concept that is its … Continue reading Channeling the Animal Spirits in Finance & Economics | Going Over Some Concepts.
Category: Sociological Imagination
What Studying the Financial Industry Taught Me About the Left & Right.
Cartoon By Signe Wilkinson | Washington Post. First off, I acknowledge and recognize that I will be generalizing in the following piece, which means I’m throwing away many nuances out the window. So forgive my generalization that is only meant for argument's sake. Those who lean left, often referred to as liberals or progressives, believe … Continue reading What Studying the Financial Industry Taught Me About the Left & Right.
The Negative Effects of the Minimum Wage: A Case Study of App-based Delivery Workers.
Consumer and Worker Protection. Disclaimer: For this piece I've used LLMs like ChatGPT-4 because (AI) machines can be mostly unbiased (when guided correctly) and are tremendously helpful for researchers. At the same time, I’m well aware they can present biases, and hallucinate, thus presenting a false impression of knowledge or factual information. Errors could be … Continue reading The Negative Effects of the Minimum Wage: A Case Study of App-based Delivery Workers.
The Evil Religious Cult of Scientology.
https://vimeo.com/687209330 60 Minutes released a Scientology special since controversy reemerged again, this time with “That ’70s Show” star Danny Masterson, who is getting 30 years to life in prison on rape charges. There is plenty of content that exposes Scientology and its horrifying conduct like this old 60 Minutes episode from 1997. The constitutional right … Continue reading The Evil Religious Cult of Scientology.
Central Banks & The Federal Reserve Decisions and Repercussions.
I read an interesting article that was published in 2021 that gave me a bit of a different nuanced perspective of the housing crisis/bubble of the 2000s. As someone who studied the Great Recession in-depth, I was intrigued. The article was titled: The Housing Boom Was Greatly Exaggerated, Subheading: Almost everyone misunderstood the housing boom — including … Continue reading Central Banks & The Federal Reserve Decisions and Repercussions.
Pension Fund Reform. (Revised From My X Thread).
This was actually published on December 28th, 2023 on X.com where I went down a rabbit hole on pension funds. I bring no good news nor do I see any bright future. In fact, I see danger ahead. I can objectively say pension reform is the best course of action for someone who is not … Continue reading Pension Fund Reform. (Revised From My X Thread).
Are Short-Sellers Essential For a Functional and Healthy Markets?
At the height of the COVID pandemic in the United States and across the world, people became aware of the phrase “essential workers.” Essential workers were considered the backbone of the economy, the oil or energy to keep the economic machine up and running smoothly. In other words, most of the working class. The word … Continue reading Are Short-Sellers Essential For a Functional and Healthy Markets?
LABOR STRIKES & THE MAL-DISTRIBUTION OF WEALTH.
If you paid attention to the news, you probably have seen a wave of labor strikes across the United States. There’s the Writers’ Strike that started on May 2nd, 2023, and is ongoing. Now, the actors have joined the picket lines when negotiations fell apart. As the Actor’s Union President Fran Drescher mentioned, the celebrity … Continue reading LABOR STRIKES & THE MAL-DISTRIBUTION OF WEALTH.
Australia’s Austerity Measures. What Can We Learn From The Real Cause of the Home / Rental Crisis.
https://www.youtube.com/watch?v=4cV5RjJaXAc&t=626s credit: 60 Minutes Australia. https://youtu.be/XL3n59wC8kk credit: Real Estate 4 Ransom. 60 Minute Australia aired an episode about the high costs of living crisis in Australia, which includes the high cost of goods and services that occurred due to the pandemic. Around the world, countries are raising interest rates to handle and tame the raging … Continue reading Australia’s Austerity Measures. What Can We Learn From The Real Cause of the Home / Rental Crisis.
The Award for the Biggest Critic of the American Public Education System Goes To…
Let me start out by saying that I like listening to the most radical and extreme views, and I myself try to think as radical, irrational, or extreme as I can. Additionally, it is also wise to think rationally, and sound (middle) as an intellectual exercise that covers all the basis of possibilities. The reason … Continue reading The Award for the Biggest Critic of the American Public Education System Goes To…
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