All articles by BigViewBlog

Never Forget – September 11, 2001

Never Forget - Sea of Rememberance

10th Anniversary of 9/11
Grand Rapids, Michigan

Never Forget - 9/11/2001 - Tenth Anniversary, Grand Rapids, MI

What to Do When Government Money Goes Bad

It can’t happen in the US, right?

First, they sold their car.

Next, they cut meat from their diets. And now, they skip meals to ensure survival.

This is the story of Vanessa Posada and her husband Adolfo.

They live in Venezuela. And their money simply doesn’t go that far anymore.

Falling oil prices have sent the economy into free fall. Per experts, the inflation rate is 720% and rising.

And today, an estimated 93% of Venezuelans don’t have enough money to buy food.

She completed her university studies. Then she got a job as a schoolteacher. And she later got married and had a child.

But that’s not enough to save her from government money gone bad.

Lies, Damned Lies, and Statistics

Before we begin, a question…

Do you know how to separate the signal from the noise? It’s one of the most useful abilities a person can possess. But it’s also one of the hardest to acquire in the age of big data, big media bias, and the Internet, the biggest communication platform we’ve ever had. Reality gets diluted by the surreal.

Economics and finance are thought to be more predictable than other disciplines such as politics because they are quantifiable. This is debatable. The extent to which quantitative economic analysis is possible depends on the relationship between the number and reality. That there is a relationship is true, but the […]