2/01/2019
1/30/2019
1/19/2019
Why the Brain Is So Noisy
Matthias Kaschube studies that wiring by building models that describe experimentally observed brain activity. Kaschube and his colleagues at the Frankfurt Institute for Advanced Studies, the Max Planck Florida Institute for Neuroscience, the University of Minnesota, and elsewhere have found a host of features that stand in stark contrast to the circuits that engineers build: spontaneous activity and correlation, dynamic context generation, unreliable transmission, and straight-up noise. These seem to be fundamental features of what some call the universe’s most complex object—the brain.
BY MICHAEL SEGAL
JANUARY 17, 2019
http://nautil.us/issue/68/context/why-the-brain-is-so-noisy
BY MICHAEL SEGAL
JANUARY 17, 2019
http://nautil.us/issue/68/context/why-the-brain-is-so-noisy
9/13/2018
Bernanke on the causes of the financial crisis
former Federal Reserve Chair Ben Bernanke examines why many forecasters failed to anticipate the severity of the Great Recession and what really drove the economy into such a tailspin.
Bernanke’s research, which is rooted in quantitative analysis of how the 2007-2009 financial crisis affected the economy, argues that the housing bust, while significantly damaging, can’t on its own explain why the Great Recession was so bad. To understand fully the depth and timing of the economic downturn, we should look instead to the subsequent financial panic—including the run on short-term wholesale funding for financial institutions and the subsequent fire sales of credit-related assets—that sharply constrained the supply of credit.
If Bernanke’s findings are correct, then policymakers were right to implement some of the most controversial policies of the financial crisis, including efforts to rescue the big banks and re-start credit markets. By bringing the panic under control relatively quickly, those policies prevented a still deeper and more protracted recession.
Kaydol:
Kayıtlar (Atom)
-
A lakefront property in Lake Tahoe, Nevada, owned for more than two decades by the notorious businessman, pilot and director Howard Hughes,...
-
The quantity of money circulating in an economy affects both micro and macroeconomic trends. At the micro level, a large supply of free and...
-
by Dan Stone We’ve all heard about China’s incredible pace of development. Now, finally, we have a symbol of that runaway growth: por...
