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Created
Fri, 14/03/2025 - 20:29
. When applying principal component analysis in econometrics courses we often want to reduce data dimensionality. Eigenvalues and eigenvectors help us do that. In macroeconomics — especially when we use dynamic programming and Bellman equations to solve optimization problems — eigenvalues and eigenvectors help us determine convergence and stability properties. So — good to have […]
Created
Fri, 14/03/2025 - 18:00
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March 14th, 2025next

March 14th, 2025: Oh Tiny Batman H

Created
Fri, 14/03/2025 - 17:59

THE Reserve Bank’s first rate cut since 2020 has delivered a welcome boost to the economic outlook, but Australian consumers are still more pessimistic than optimistic. The Westpac-Melbourne Institute consumer confidence survey posted a strong four per cent gain in March, up to a three-year high of 95.9. Advertise with News of The Area today....

The post Consumer confidence surges on back of interest rate cut appeared first on News Of The Area.

Created
Fri, 14/03/2025 - 13:18
Chris Minns stands by the NSW hate speech laws. Kevin Rudd warns negotiations with Trump 2.0 administration will continue to be rough. Trump advocates for Tesla and Elon Musk. Zoe Daniels calls out some uncomfortable truths. What to do when it’s clear a mistake has been made: don’t back down @MaryKostakidis What to do when Continue reading »
Created
Fri, 14/03/2025 - 10:30

“Mr. Trump has acknowledged, despite all his confident campaign predictions that ‘we are going to boom like we have never boomed before,’ that the United States may be headed into a recession, fueled by his economic agenda.” — New York Times. March 13, 2025

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Listen, I’d love it if we could create a society that worked perfectly for everyone, but that’s not the reality we live in. In real life, you have to make choices—choices that lead to terrible outcomes for everyone.

I’m not anti-immigration. You think I relish the sight of families torn apart, my neighbors terrified to show up for work or send their kids to school for fear of an ICE raid? If I could wave a magic wand and no one would be deported, I’d do it in a heartbeat. But when I see the precipitous downward dive the stock market is taking, I know all that pain and suffering was worth it.

Created
Fri, 14/03/2025 - 08:59
Every time I start writing something about The Situation, it seems pointless. Both the media environment and the world itself seem to be spinning out of control. The bubble of Boomer Realism has been popped. The weirdness which has been bubbling since 2008 has flooded the territory; old maps seem worse than useless. I’ve got nothing […]