Category
Economy
Markets, trade, employment, prices and economic policy.
Credibility summary
Of the 186 claims in Economy with evidence either way, 91% held up.
Showing 381-400 of 1595 claims
He added Everything you do belongs to the audience ultimately
Mr Van Der Beek spoke about his acting career in a 2013 interview with HuffPost saying he learned early on to go in and be completely open and just jump in with both feet
California considered anything below $109700 for a one-person household in the city low-income for qualifying for public benefits
Artificial intelligence can synthesize large amounts of standardized information to come up with reasonably good estimates
Warren Hatch thinks prediction markets complement his group’s services because they focus on shorter-term questions and expand use of probabilistic thinking
They work collaboratively but ultimately cast their own votes
When data is sparse and environment is in flux machines are backward looking by definition
That’s where space for humans will remain
If you were to do this you democratize decision making
Their view goes
Neither individual experts nor collective of thousands are best at predicting future
Over past decade Good Judgment has developed model of selecting people with good track records of figuring out what will happen
Right now senior economist has a ton of power
They have been hesitant
Justin Wolfers has told Fed officials that they should take those markets into consideration
Surprises happen people want to know what does this mean what’s going to happen what’s driving it
That’s a lot of nuanced important information that you’d want to have when you are making decisions as an operator in these markets
They would be making jobs of their contributors harder because they have individual sources of information to draw from
If they replace all of that they won’t have those to also go to
Most forecasters aren’t worried because they do more than predict numbers
Recently analyzed in Economy
Some price increases stemmed from tariffs other factors like housing and food costs played a larger role
June inflation highest since February Trump's tariffs increased prices
Prices are rising because of tariffs
Risk is that investors begin to doubt United States will pay back its debts and start demanding higher interest rates
The New York Times
Country is still on track to borrow an alarming amount of money in coming years
The New York Times