bitcoin Robert Shiller wrote the book on bubbles. He says “the best example right now is bitcoin.”

Robert Shiller wrote the book on bubbles. He says “the best example right now is bitcoin.”

Yale economics professor Robert Shiller won the Nobel prize for his work on bubbles. He wrote a seminal book on speculative manias, Irrational Exuberance, a deep analysis of the dramas over the centuries when otherwise sane people drove prices for tulips, stocks, and houses to inexplicable heights.

Tech How to Regulate Artificial Intelligence

How to Regulate Artificial Intelligence

The technology entrepreneur Elon Musk recently urged the nation’s governors to regulate artificial intelligence “before it’s too late.” Mr. Musk insists that artificial intelligence represents an “existential threat to humanity,” an alarmist view that confuses A.I. science with science fiction. Nevertheless, even A.I. researchers like me recognize that there are valid concerns about its impact on weapons, …

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Uncategorized Some Thoughts and Advice for Our Students and All Students

Some Thoughts and Advice for Our Students and All Students

August 29, 2017 We are scholars and teachers at Princeton, Harvard, and Yale who have some thoughts to share and advice to offer students who are headed off to colleges around the country. Our advice can be distilled to three words: Think for yourself. Now, that might sound easy. But you will find—as you may …

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Business Amsterdam’s Secret Brexit Sauce Is a Friendly Regulator

Amsterdam’s Secret Brexit Sauce Is a Friendly Regulator

Frankfurt has the banks, and Paris has the culture, but for trading firms looking for a post-Brexit European home, Amsterdam may have the best attraction of all: a friendly regulator.

Europe How Europe lost faith in multiculturalism

How Europe lost faith in multiculturalism

In October 2010 Angela Merkel, leader of Europe’s most powerful country, made a ringing declaration: “The multicultural concept is a failure, an absolute failure.” Four months later, Britain’s then prime minister, David Cameron, endorsed her approach, calling for “a lot less of the passive tolerance of recent years and much more active, muscular liberalism”

Ukraine Ukraine celebrating 26th anniversary of independence

Ukraine celebrating 26th anniversary of independence

Ukraine is celebrating the 26th anniversary of its independence today, August 24.   The country’s high-ranking officials have already congratulated the citizens on Ukraine’s Independence Day. In particular, Prime Minister Volodymyr Groysman posted his greetings and released a video message on Facebook at around 6:00.

Business Do Lawyers Make Better CEOs Than MBAs?

Do Lawyers Make Better CEOs Than MBAs?

The bad news keeps coming for Wells Fargo. A nearly $150 million settlement is pending for the fake-account scandal that roiled the bank last year, and a new scandal has emerged: Recently it has been alleged that thousands of customers were signed up for insurance without their knowledge.