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AuthorNick Cross

Author Archive: Nick Cross

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May 13, 2013

iPredict is a prediction market run by Victoria University, the only one in New Zealand. It was started in 2008 for research purposes and today runs stocks on hundreds of political, economic and social outcomes.

October 1, 2012

After the space shuttle crash it took a panel of government experts several months to examine the evidence and determine which part of the shuttle failed.

September 24, 2012

The Federal Reserve in the United States has recently launched the third round of quantitative easing since the Great Recession began (hence the term QE3). But will it work to decrease unemployment and jumpstart the economy?

September 10, 2012

But many things have changed the role of marriage since the midpoint of the 20th century.

August 20, 2012

Reset the records.

August 6, 2012

Although direct financial incentives are prevalent in nearly all walks of life, they are rarely used in our education system. With educational underachievement being such a problem in many communities the question is worth asking: Can we literally bribe students to get better grades?

July 23, 2012

Everyone has a certain level of risk which they are willing to accept when engaging in certain behaviours. If we deem what we are doing to be too risky, we will take steps to mitigate the risk.

July 16, 2012

The problem is that too much of the discussion has focused on the politics, and not the economics. Emotionally driven rhetoric about economic treason and paranoid reactions to government debt are not a substitute for informed debate. The prime position given to asset sales in our political discourse is unwarranted; asset sales will have far less impact than our representative elite assert.

May 28, 2012

It’s depressing to look at the billions of dollars private charities put into the third world development, only to see third world governments plunge their citizens back into poverty with appalling economic policy. Governments undermine property rights, enable corruption and cronyism, stifle trade and start wars. Unfortunately the problem of terrible government is hard to overcome: governments […]

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