Firstly, naïve relativism, the (false) view that because people disagree on a matter then, necessarily, there must be no rational means to resolve the disagreement. Secondly, MacIntyre identifies three, non-rational approaches to decision making: (i) personal taste, (ii) achieving the goals ...
Negative rating actions have remained moderate, but we expect them to increase. Speculative-grade credit quality has proven largely resilient thus far, but the buildup of 'B-' rated issuers, many with significant floating-rate debt, adds to ...
Writing about Mitt Romney’s selection of Paul Ryan in 2012, I opined that, “…it probably means nothing. I don’t think there’s been an election in my lifetime that was impacted by the second person on a presidential ticket.” I feel the same way about Tim Walz, who is Kamala Ha...
An intensified demand for high yields means less-preferable mortgage rates for consumers. The best cash-out refinance rate can all be a matter of good timing. How to get the best cash-out refinance rate Here are some strategies to get the best cash-out refinance rate. Raise your credit ...
The national debt is simply the accumulation of annual deficits. Again it is the total amount the government owes its creditors. To run a deficit, basically spending beyond its means, the US Treasury Department issues bills, notes and bonds. Those who have bought a piece...
Extending beyond the capabilities of traditional social network analysis, we show that higher-order network models provide a robust means of revealing such hidden patterns and complex relationships. To this end, we develop a set of centrality measures based on the MOGen higher-order network model ...
the future of higher education and what it means for students :“[d]egrees should be based on how much students know, not how much time they spend in a classroom.” 26 competency-based degrees reward prior experience and measure learning through demonstrated proficiency. they allow students...
This means that whether you’ve used up your total deductible in the past year or not, at the start of next year, the amount will restart to what is stated in the plan. To better comprehend what a deductible is and how it works, let’s take a look at an example. ...
this gap can increase even more based on their race as well. Compared to white men, black women make 63% of their annual wage. For Pacific Islanders, 62%. For Hispanic women, it’s as low as 54%. On a bigger scale, this means that for every $100 that the average white male makes...
borrowers pay back to lenders is worth less than the money they borrowed. This reduces the value of the real debt over time. But it also benefits lenders, too, because rising inflation leads to higher interest rates. This means borrowers pay more in interest during periods of high inflation....