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In 1943, a German fighter had a US bomber in his sights, finger on trigger button but what happened left everyone stunned 50 years laterA damaged American bomber, Ye Old Pub, faced enemy fighters over Germany. German pilot Franz Stigler chose not to destroy the vulnerable ai...- Why economic models failEconomist Richard Thaler reveals why economic models often fail. His research shows people do not always act rationally. This departure fro...
- Is Bitcoin on the brink of collapse? Nobel laureate issues dire warningNobel Laureate Eugene Fama warns that Bitcoin could become worthless due to its lack of stable real value and dependency on market demand. ...
- Can the silver linings dominate the clouds on the economic horizon?When the tailwinds are strong, stock markets rally; when the headwinds are strong, stock markets turn bearish.
- America desperately needs people who are good at mathThe Defense Department has called for a major initiative to support education in STEM fields. The number of math-related jobs is increasing...
- America's poor math skills raise alarms over global competitivenessThe U.S. military, employers and economic development specialists have been raising alarms about the implications of American students' low...
- OpenAI's Sam Altman regenerates the Gilded Age playbookWhat to make of the spectacle of Sam Altman, the boyish face of all things AI, coming to Washington to beg for … regulation?
- ATMs and paying to withdraw our own money: How justified are these charges?In this ongoing battle among legacy banks, creative disruptors, neo-banks, and other competing channels, the pandemic has further muddied t...
- Flood risk in Europe could double by 2050Socioeconomic growth accounts for about two-thirds of the increased risk, as development leads to more infrastructure that could be damaged...
- Saving government banks from the government"Those who argue that public sector banks are in good health simply do not understand that they are condemning them to oblivion," Rajan sai...
- You can't postpone social development forever: Raghuram G Rajan"When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services."
- Financial WMDs and the regulatorsRegulators must know the implications of organisational structures, products and practices of market participants.
- Advertising linked to increased tobacco use among Indian kidsAs India's acceleration towards westernisation continues, tobacco advertising and marketing has been linked to an increased in its use by u...
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