Economist's View: '100% Reserve Banking' and 'Big Data: Are we …
A link to this post is being retweeted in unusually large numbers:
100% Reserve Banking — The History, by Atif Mian and Amir Sufi: So both John Cochrane and Martin Wolf are advocating 100% reserve banking. If these two agree on anything, it’s worth taking seriously! (It’s pretty amazing how advocates for narrow banking come from across the political spectrum.) We … we wanted to provide some history behind the idea. …
Using the “big data” from Twitter, this one too, though not quite on the same scale:
Big data: are we making a big mistake?: Big data is a vague term for a massive phenomenon that has rapidly become an obsession with entrepreneurs, scientists, governments and the media …
“Big data” has arrived, but big insights have not. The challenge now is to solve new problems and gain new answers – without making the same old statistical mistakes on a grander scale than ever.
Posted by Mark Thoma on Saturday, April 26, 2014 at 11:05 AM in Economics |
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Economist's View: '100% Reserve Banking' and 'Big Data: Are we …
