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Rounding up European AI policies and developments

Europe continues to embrace policies around artificial intelligence across its member nations. After years of discussions and documents created for the European Parliament and social groups, the European Commission last year published the strategy document, “Comprehensive European Industrial Policy on Artificial Intelligence and Robotics.” The document deals with technological, ethical, …

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Top Global Risks of 2020: Trade Wars | Global Risk Intelligence

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As its covid-19 epidemic slows, China tries to get back to work

Feb 25th 2020 YIWU FacebookTwitterLinkedIn IF CHINA IS the world’s factory, Yiwu International Trade City is the factory’s showroom. It is the world’s biggest wholesale market, spacious enough to fit 770 football pitches, with stalls selling everything from leather purses to motorcycle mufflers. On February 24th, as is customary for …

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David Card: Debunking myths about the value of education

David Card, the Class of 1950 Professor of Economics, has been selected to give the 2020 Martin Meyerson Berkeley Faculty Research Lecture on Monday, March 2. In an era of financial insecurity and cultural tension, a dystopian vision of university education has gained traction in the United States: The cost …

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Goldman Slashes Oil Price Forecast By $10

Just days after OPEC slashed its oil demand forecast as a result of the slowdown in China’s economy due to the Covid-19, moments ago Goldman has doubled down on its bearish oil take and has cut its oil price target by $10 to $53 in Q1 through the end of …

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Why Institutions Are Important in Economics

(Mike Segar/Reuters) They promote and embody knowledge, practices, and norms that don’t show up in statistics. Institutions matter. In his latest book, A Time to Build, Yuval Levin outlines the importance of institutions for providing cultural structure. He offers a handy definition of institutions: “the durable forms of our common …

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