In part one of our story, we touched upon some of the theoretic foundations underlying the Eurozone. Optimal Currency Area Theory and the notion that currency areas lead to positive political ties that prevent war combined to create the winds of change driving the sails that swept along European intellectuals in the latest great experiment … Continue reading Economics of the Euro (part 2) – Flaws
Excel Applications: Naive Bayes AI (Text Classification) - part 1 of 2 Artificial intelligence is pervasive in our world today. From the cars we drive to the food we eat, our world is increasingly defined by the algorithms and the formulas of which they are composed. Because of the diversity of possible applications of artificial … Continue reading Excel Applications: Naive Bayes AI (Text Classification) – part 1 of 2
Economics of the Euro (part 1) - Foundations: Genesis The foundations of the euro have their roots in war. Although sovereignty, war, and currency are intertwined in ways beyond the scope of this series, the chain of causality in our story nonetheless beings following the second world war. Following the reunification of Germany, the drumbeat … Continue reading Economics of the Euro (part 1) – Foundations
Principal Component Analysis (PCA) is a statistical remedy that allows data science practitioners to pare down numerous variables in a dataset to a predefined number of 'principal components.' Essentially, this method allows statisticians to visualize and manipulate unwieldy data. For a moment, take a look at the graph below, which comes from Jose Portilla's Udemy … Continue reading Principal Component Analysis with Python (Intro)
Synopsis: LeBor, an ardent anti-banker, presents a strong historical case for the questioning of the role of central bankers in the modern financial system. Using historical case data dating back to 1920's Germany, LeBor paints the picture of the Bank for International Settlements ("BIS") as the caricature of an unaccountable elusive organization serves as a … Continue reading (Content Review) Tower of Basel by Adam LeBor
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