Hazim Oon

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The economist who predicted the financial crisis just sounded another alarm—it would be wise to listen this time

In his first official act as the new governor of the Reserve Bank of India (RBI), Raghuram Rajan raised the benchmark interest rate from 7.25 to 7.5%, causing a ripple of surprise in financial circles and eliciting protests from various business representatives. But for people who know the current …

Economics

30 Books You Should Read Before You're 30

The best books aren't static stories, but living entities with meanings that change and grow along with you. That's why we strongly recommend rereading the classics that were assigned to you in high school; you may find that they're nothing like they were before.<p>Still, some books are best …

100 Diagrams That Changed the World by Scott Christianson. From The Earliest Cave Paintings to the Innovation of the iPod

Infographics are cool (and trending) but you know what is cool? 100 most important diagrams that changed the human history, Scott Christianson decide to compile the most awesome diagrams in this book: you think that prismatic circle that you see on photoshop is a creation from Adobe, well Moses Harris did it in 1766, do you remember Dante’s Inferno, well there’s a diagram for that, phases of the moon? Yeah Galileo did it, and of course Da Vinci Vitruvian Man is there too.

Post-Taper Talk, Market Has Something New To Worry About

The Federal Reserve has no immediate plans to stop its $85 billion a month bond and mortgage backed securities purchasing program. And now with the so-called “taper” off the table, investors shift their focus to October’s corporate earnings.<p>Is the U.S. economy really able to stand on its own two …

Study confirms social brain theory

<b>The social brain theory - that animals in large social groups have bigger brains - has now been supported by a computer model.</b><p>For animals in smaller social groups, the cost of having a large brain outweighs the benefits.<p>Scientists used a simulation modelling technique to confirm that large social …

University of Oxford