Ray Dalio: What you need to know about deflation
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0%.
Inflation...
New model could have ‘Moneyball’-like impact on baseball players’ value
In the movie “Moneyball,” a young economics graduate and a cash-strapped Major League Baseball coach introduce a new way to evaluate baseball players’ value.
Their...
The pandemic’s ripple effects on health have begun. What can we do now?
For more than two years, COVID-19's direct harm has been visible in overflowing intensive care wards and grim statistics. Now, some of its indirect...
Siren call of daylight saving must be resisted, scientists say
The clock, not the steam engine, is the key machine of the modern industrial age.
—Lewis Mumford, 1934
Forget long, languid summer evenings — they’re not...
Californians living with handgun owners more than twice as likely to die by homicide
Californians who didn't own handguns but lived with handgun owners were more than twice as likely to die of homicide, researchers have found.
Stanford researchers...
Ray Dalio: What you need to know about deleveraging and financial crisis
In the famous video “How The Economic Machine Works”, Ray Dalio talks about several important financial concepts: inflation, deflation, leveraging, deleveraging, et al.
What is...
What Russia’s invasion of Ukraine means for the world
Russia’s invasion of Ukraine has global implications.
A panel of MIT foreign policy experts convened on Monday to examine those reverberations — on European domestic...
The price of a pre-pandemic lifestyle
As COVID numbers fall and mandates lift, the question remains: Is it possible to avoid trade-offs between returning to pre-pandemic lifestyles and an uptick...
Aphasia might be the biggest condition you’ve never heard of–here’s why it matters
Bruce Willis is stepping away from acting after being diagnosed with aphasia, a condition that’s “impacting his cognitive abilities,” his family announced recently.
The news...
Ray Dalio: My first experience of currency devaluation
Devaluation is the deliberate downward adjustment of a country's currency value.
The government issuing the currency decides to devalue a currency. Devaluing a currency reduces the...