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Job Hunting Step 1: Make as Many Friends as Possible

http://www.12newsnow.com/news/nation-now/which-facebook-friends-can-help-you-land-a-job/326368600 Earlier this year, Facebook conducted research to observe patterns in how people obtained jobs based on the strength of their relationships with others. In this study, the strength of the tie between two users was based on the number of mutual friends, tags and posts exchanged between them. After distinguishing weak from strong connections, […]

Nobel Economics Winners Oliver Hart and Bengt Holmström

http://time.com/4524746/nobel-prize-economics-oliver-hart-bengt-holmstrom/ chrome-extension://oemmndcbldboiebfnladdacbdfmadadm/https://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2016/popular-economicsciences2016.pdf    This year’s Nobel Prize Winners for Economics were Oliver Hart and Bengt Holmstrom, who have developed theoretical tools for contract writing that would ensure that all parties mutually benefit from a contract.  Contracts determine regulations for future actions, sharing risk, and various other conditions. Many times, it is hard for regular citizens, businesses and […]

Slowing Down the Speed of Stock Markets

Earlier this year, the SEC approved Intercontinental Exchange, or IEX, a new American stock exchange. Given that there are over a dozen existing American stock exchanges, this would seem to be a rather trivial event that does little to change the dynamic of the America stock markets. Surprisingly, the emergence of IEX is a big deal, […]

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