by Adam Goldin | Jun 15, 2016 | Adam Goldin
Game theory: You’ve probably heard of it, but do you know what it is? At it’s core, a “game” is any situation where there are several decision makers, and each of them wants to achieve the best results for themselves. The optimizing decision and result will depend,...
by Adam Goldin | May 11, 2016 | Adam Goldin
The “Brexit” -a portmanteau of “Britain” and “exit”- is the discussion centering around the upcoming referendum, a vote on June 23rd wherein everyone of legal voting age can vote either “yes” or “no” on one single question: Should Britain leave the European Union? The...
by Adam Goldin | Apr 7, 2016 | Adam Goldin
The Big Mac index began in 1986 with The Economist. According to them, it was a “lighthearted guide” to whether currencies are at their “correct” level. It was a fun way to make explaining exchange rate theory more accessible and understandable. So why does The...
by Adam Goldin | Mar 11, 2016 | Adam Goldin, Debt
New figures from the Bank of England shows that British households are borrowing more than £1bn a month for financing. While the buying of new cars, holiday travel, and other spending is good for the local economy, can encourage growth, and may also stimulate the...
by Adam Goldin | Feb 11, 2016 | Adam Goldin, Federal Reserve
The difference between the seemingly healthy increase in the labor market and the poor health of many other economic barometers is posing some difficult questions for the Federal Reserve. Many officials have mentioned that the Fed needs to raise benchmark interest...