Why Does Speculation Persist in the Age of Predictive Data?
by Gayle Rogers
"During this pandemic, all of us have studied many data points to assess our risks and predict how safe our futures will be under X or Y scenarios. Even when there has been no shortage of data, even when the data have overwhelmed us, the future has never been made certain and clear for us by them. Instead, we have had to become speculators to some degree."
Argentina Defaults. The U.S. Didn’t. You Think There's a Lesson in that?
by David O. Stewart
In 1790 speculators stood to gain, too. Hamilton paid them anyway.
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