Posts tagged 'singularity'

Economics, a space opera

FT Alphaville would like to survey the following statement:

Economists are failing to account for mass technological innovations when making forecasts and constructing models. Read more

At the foothills of a gold parabola

From the FT’s global market overview on Thursday:

Commodities. Another day, another nominal record for gold, whose chart looks to be entering the foothills of the parabola. The precious metal has hit a fresh peak of $1,364.6 as ratcheting up of the forex spat rhetoric adds to the worry about the debasement of currencies. The bullion is currently up 1.1 per cent to $1,360 an ounce. Read more