Consumption goods vs capital goods

Share to Twitter Share to Linkedin In the closing months of 2020 as the horrid lockdowns related to the coronavirus began to ease, the American people started to live again. With restaurants in some cities re-opened for – gasp – actual dining, husbands and wives even started going out to dinner again. Amid this substantial exhale, the cost of babyitting services soared. Not only could babysitters charge more per hour, they could demand more perks while on the job. Was this indicative of “inflation”? Not remotely. If parents are paying more for babysitters, then logic dictates they have fewer dollars for nights out at dinner. Economics is about trade-offs, though you wouldn’t know it from reading the newspapers. A recent Wall Street Journal headline went like this: “Pay Gains Shrink In New Sign Of Easing Inflation.” The assumption made in the headline and in the front-page article’s body was that more money in people’s pockets as it were had been … [Read more...] about Opposite What Economists Believe, Rising Wages Signal Easing Inflation

Share to Twitter Share to Linkedin Key takeaways Options allow you to make money in the stock market regardless of whether it’s up, down or stagnant The two varieties of options, calls and puts, can be combined in several different ways to anticipate the increases or decreases in the market, decrease the cost basis of a trade or mitigate the risk options trading poses Trading options can be risky, so it’s best to practice trading on paper before you use real money Most people know that you can make money in the stock market when the prices of equities are rising and the economy is doing well. But what about when economic times are uncertain? Rather than sitting on the sidelines, you can use alternative approaches to make money during a down market. One of these strategies is trading options. Options come with more risk than buying and holding stocks, but this can be minimized with proper planning. Better yet, your returns could be much more … [Read more...] about Options Trading 101: Understanding Calls And Puts

ChatGPT is better used for playacting than playing at finding facts. (Photo: Pixabay/Pexels) By Jonathan May, University of Southern California It doesn’t take much to get ChatGPT to make a factual mistake. My son is doing a report on U.S. Presidents, so I figured I’d help him out by looking up a few biographies. I tried asking for a list of books about Abraham Lincoln and it did a pretty good job: When I asked ChatGPT if it was sure I was not lying, it claimed that it’s just an “AI language model” and doesn’t have the ability to verify accuracy. However it modified that claim by saying, “I can only provide information based on the training data I have been provided, and it appears that the book ‘William Henry Harrison: His Life and Times’ was written by Paul C. Nagel and published in 1977.” Read More This is not true. Words, not facts It may seem from this interaction that ChatGPT was given a library of facts, including incorrect claims about … [Read more...] about ChatGPT is great – you’re just using it wrong

Share to Twitter Share to Linkedin If you’re like many people this time of year, your New Year’s resolutions might have become a distant memory in a little over a month. How many times have you resolved to improve your work habits and set career goals? Or how often have you promised to eat healthier, lose weight or exercise more? Then a month down the road, your vows go down the drain. You’re not alone. It’s easy to let your intentions slide when you have so much on your plate. The Neuroscience Of Reaching Your Goals Neuroscience shows that your brain doesn’t register goals unless it’s clear about what you intend to do. The good news is there’s a tool that can help you stay on track. It’s called the if-then plan —a self-made strategy that keeps you from getting sidetracked by identifying predetermined actions you will take when a specific situation occurs. Making an advanced decision builds habits that help you stick to the action part of a challenging … [Read more...] about Try This When Your New Year’s Career Goals Go Down The Drain

Share to Twitter Share to Linkedin Everyone has their breaking point. I suppose you could also say that everything has its breaking point. We know that humans for example can sometimes snap and utter remarks that they don’t necessarily mean to say. Likewise, you can at times get a device or machine to essentially snap, such as pushing your car too hard and it starts to falter or fly apart. Thus, the notion is that people or “everyone” likely has a breaking point, and similarly we can assert that objects and things, in general, also tend to have a breaking point. There could be quite sensible and vital reasons to ascertain where the breaking point exists. For example, you’ve undoubtedly seen those videos showcasing a car being put through its paces to identify what breaking points it has. Scientists and testers will ram a car into a brick wall to see how well the bumper and the structure of the vehicle can withstand the adverse action. Other tests … [Read more...] about How Hard Should We Push Generative AI ChatGPT Into Spewing Hate Speech, Asks AI Ethics And AI Law

People trying out different games at The Arena, Comic-Con, Bengaluru The year 2022 was a weird year for gaming. The industry continued to feel the lingering effects of the 2020 Covid-19 pandemic with slower hardware sales and major delays for upcoming AAA games. Here is a look at some of the gaming highlights of 2022. More buggy launches Unfortunately, major AAA releases continued the trend of messy launches with games like Calisto Protocol or Gotham Knights. The year began with the dullest of thuds in Babylon's Fall, a half-baked unfinished co-op experience that showed Square Enix has learned nothing from its previous live service disasters. What hurt even more is that it was developed by industry darlings Platinum Games. Electronic Arts continued to release yearly installments in the FIFA franchise, and like every year, it was mocked but still sold in the millions. Thankfully, EA no longer holds the license to FIFA anymore. Read More Unfortunately, EA … [Read more...] about Gaming in 2022: A year in review

Auburn is preparing to play Tennessee as scheduled this upcoming Saturday. The Tigers didn’t play Mississippi State last weekend because of coronavirus issues with the Bulldogs , but head coach Gus Malzahn is prepping the team for action against the Volunteers, according to the Montgomery Advertiser . (RELATED: David Hookstead Is The True King In The North When It Comes To College Football) NEWS | The Auburn at Mississippi State FB game of Nov. 14 is postponed due to positive tests & subsequent quarantine of individuals within the MSU FB program. The action is consistent with SEC COVID-19 management requirements. The game is tentatively rescheduled for Dec. 12. — Southeastern Conference (@SEC) November 9, 2020 However, it’s not all good news. Malzahn informed the media on Monday that the Tigers expect to be without some players because of positive coronavirus tests and contact tracing. View this post on Instagram … [Read more...] about Auburn Is Preparing To Play Tennessee, Tigers Expect To Be Missing Players Because Of Coronavirus

Share to Twitter Share to Linkedin Seattle Sounders defender Alex Roldan sank to the turf, head in hands in disappointment after inadvertently deflecting Mohamed Afsha’s volley past goalkeeper Stefan Frei. The goal, credited to Afsha, was enough to give Al Ahly the win and see them advance to the semifinal of the FIFA Club World Cup at the Sounders expense—with the added reward of a matchup against storied European champions, Real Madrid. As referee Anthony Taylor blew the final whistle, the players and staff on Al Ahly’s bench streamed onto the pitch in celebration. The crowd erupted, with the most concentrated celebrations coming from a group of hardcore Ahly supporters behind one of the goals. It was as if a cup final had been won, while Roldan’s reaction was as if one had been lost. Outside of the European soccer bubble, maybe this tournament means something after all. It was certainly meaningful for Seattle Sounders, and arguably for American … [Read more...] about What Does Seattle Sounders Club World Cup Defeat Mean For US Soccer?

Share to Twitter Share to Linkedin Now that Armored Core VI is very much a real thing, it’s worth looking back at the series as a whole and what this new game needs to get right. To give a bit of personal context, I have been playing the Armored Core games since the 1997 original and have finished every game in the series . I know these games very well and have a great deal of affection for them. As such, I really want Armored Core VI to do well and to reinvigorate the series not only for longtime fans but especially for newer players that have yet to learn the joys of being a mecha pilot. With all this in mind, here are three things that I think Armored Core VI really needs to get right in order for the game to succeed. Controls And Camera While many will say that Elden Ring is hard, almost no-one complains about the controls. This is because Elden Ring’s controls are both intuitive and modern. However, if you were to … [Read more...] about Three Things That ‘Armored Core VI’ Really Needs To Get Right

Thailand’s Digital Economy and Society Minister says it’s about time that e-cigarettes be legalised. The Minister, Chaiwut Thanakamanusorn, thinks Thailand should amend the law to reflect the lives of many people in developed countries. According to Thai PBS World, Chaiwut added that Thailand’s neighbouring countries of Singapore and Malaysia have already legalised electronic smoking devices. “The key issue is to legalise (e-cigarettes), if we believe that this is the way of life and a freedom and it is accepted by the majority, then we should do it,” said the DES minister, adding that making e-cigarettes legal will also help generate tax revenue for the state.” He also says that e-cigarettes are currently smuggled into the country and offered for sale online with impunity due to the law remaining unchanged. Related news “Transfer to an inactive post’ – punishment or paradise? 10 hours ago Speedboat engulfed in flames sinks off Koh … [Read more...] about Thailand’s Digital Economy and Society Minister says e-cigarettes should be legalised