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www.rogerfarmer.com
| | blog.ephorie.de
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| | [AI summary] This blog post explores how a simple multi-agent model can replicate complex stock market behaviors, such as random walks, fat tails, and volatility clustering, by simulating traders with different strategies in an artificial market.
| | libertystreeteconomics.newyorkfed.org
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| | Elevated inflation continues to be a top-of-mind preoccupation for households, businesses, and policymakers. Why has the post-pandemic inflation proved so persistent? In a Liberty Street Economics post early in 2022, we introduced a measure designed to dissect the buildup of the inflationary pressures that emerged in mid-2021 and to understand where the sources of its persistence are. This measure, that we labeled Multivariate Core Trend (MCT) inflation analyzes whether inflation is short-lived or persis...
| | ritholtz.com
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| | Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
| | theconversation.com
26.3 parsecs away

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| Trump has ordered a task force to look into the federal government's role in schools. Where does this executive order fit in the country's long history of federal versus state educational policies?