Month: December 2016

GDP@Risk: A New Metric Worth Noting

Last month, the Paris climate change accord became active, and already we are starting to see some interesting research developing as a consequence of that international initiative. One of the more insightful studies I have come across is a project conducted by the Cambridge Centre for Risk Studies. The research, sponsored by the insurer Lloyd’s, is an attempt to model

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The Carrier-Trump Jobs Deal: Cynical Ploy, Strategic Hedge or Worrisome Signal?

As the dust settles over the deal that Carrier agreed to with Indiana, and the analysts weight in, one starts to get a preliminary sense of what the deal really means for Carrier workers and for the incoming Trump approach to business. Let’s look again at the specifics of the situation and the deal: Carrier, which is part of defense contracting

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Orwell’s Past is China’s Future — and Maybe Ours

“If you want to keep a secret, you must also hide it from yourself.” ― George Orwell, 1984   Tucked among all the news stories lat month was a remarkable series of articles in the Wall Street Journal about China’s emerging “Social Credit Score.” This term refers to a system, currently under development, through which all Chinese citizens (and probably visitors) would be assigned a score that

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