Adam Sussman, Tabb Group, Big Data, Algos and Model-Driven Recruiting, here. eHarmony meets algorithmic trading?
Big data analysis and algorithms not only are transforming trading across geographies and asset classes; they also are reshaping other businesses, including talent recruiting. AT TabbFORUM’s recent MarketTech 2013 event, Ben Ross, co-founder and CEO of Project:Sherpa, explains how his company – which he describes as eHarmony meets algorithmic trading – is using a model-driven approach to help companies sift through the noise and recruit and evaluate talent.
Reinhardt and Rogoff, IMF Working Paper, Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten, here.
Even after one of the most severe multi-year crises on record in the advanced economies, the received wisdom in policy circles clings to the notion that high-income countries are completely different from their emerging market counterparts. The current phase of the official policy approach is predicated on the assumption that debt sustainability can be achieved through a mix of austerity, forbearance and growth. The claim is that advanced countries do not need to resort to the standard toolkit of emerging markets, including debt restructurings and conversions, higher inflation, capital controls and other forms of financial repression. As we document, this claim is at odds with the historical track record of most advanced economies, where debt restructuring or conversions, financial repression, and a tolerance for higher inflation, or a combination of these were an integral part of the resolution of significant past debt overhangs.
jake, LWN.net, Raymond: bzr is dying: Emacs needs to move, here.
Eric S. Raymond has posted a message to emacs-devel suggesting that the project move from Bazaar (bzr) to Git. It is not the first time the idea has come up, but it would seem that Richard Stallman is not opposed to such a move as he has been in the past. Raymond writes:
The bzr version control system is dying; by most measures it is already moribund. The dev list has flatlined, most of Canonical’s in-house projects have abandoned bzr for git, and one of its senior developers has written a remarkably candid assessment of why bzr failed:
I urge all Emacs developers to read this, then sleep on it, then read it again – not least because I think Emacs development has fallen into some of the same traps the author decribes. But *that* is a discussion for another day; the conversation we need to have now is about escaping the gravitational pull of bzr’s failure.