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Assessment of Trump Presidency?

We are rapidly approaching the first half year of Trump’s Presidency. I am genuinely curious whether there is anyone attempting a cogent defense of the record so far. If you have read something you think qualifies, please link to it [...]  Read more

Jurisdictional Competition

The economist Paul Romer introduced me to the idea of jurisdictional competition about ten years ago and I've been fascinated with it since. His TED Talk about charter cities from 2009 is a good primer on the concept. The basic [...]  Read more

Uncertainty Wednesday: Variance

In last week’s Uncertainty Wednesday, I introduced the expected value EV of a random variable X. We saw that EV(X) is not a measure of uncertainty. The hypothetical investments I had described all had the same expected value of 0. [...]  Read more

ChangeX: Impact As A Service

Susan and I have been longtime supporters of the wonderful ChangeX platform: ChangeX helps spread social innovation across communities. This week ChangeX introduced a new model for donors, which they are calling Impact as a Service (IaaS). This is a [...]  Read more

Bearing Witness

Yesterday afternoon I spent a couple hours sitting on the stage at the high school graduation ceremony for the Academy For Software Engineering . This evening I will spend another couple hours sitting on the stage at the high school [...]  Read more

Uncertainty Wednesday: Expected Value

In today’s Uncertainty Wednesday we start to explore the properties of random variables. The first one we will look at is the so-called “expected value” or EV for short. The EV is simply the probability weighted average of a random [...]  Read more