Word: theres
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Friday morning, 9:15. A hazy quiet fills the streets: most of the college is either sound asleep in bed or half asleep in class. For the cast of Eleganza, though, there is no such respite—not now, not with one week to spare before one of Harvard?...
Friday, 4:00 p.m. The producers reconvene for a meeting in El-Hage’s room, a homely Claverly abode with Japanese prints and an impressionist landscape on the walls. On the floral rug there are boxes full of fashion donations for the post-show auction; beside them, from...
There are those who still insist on rational expectations theories and EMH as the best predictors of human and market behavior. Put simply, their point is that mistakes may be made, but economics as a field can only be useful with mathematical modeling as the central pillar of analysis. Based...
Think about the perfectly-timed choreography: the battle over the emergency exit row seat, the subprime dining selection (assuming there is still choice by the time they get to you), the Twitter flight status updates, the arrival dinner, the planned drinks date, and the conference or company or checking account...
The first is closely related to a philosophical idea popularized by Soros himself: reflexivity. Originally developed as a sociological concept, reflexivity incorporates the essential feedback loop between cause and effect into analysis. This is best illustrated through self-fulfilling prophecies; think about a bank run à la Northern Rock...