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Economy

Air Force Assignment Durations

Permanent change of station moves drive significant U.S. Air Force costs and create disruption for individuals and units. RAND researchers modeled and analyzed policy options to extend assignment durations and optimize cost, readiness, and retention

United States
Geopolitics

Trump’s ‘Regime Change’ Swerve

The article explores Donald Trump's unexpected shift in foreign policy rhetoric, focusing on his stance on regime change and its implications for U.S. diplomacy and global relations.

United States
Economy

Is financial economics still economics?

That all sounded wonderful, and that core model and its offshoots dominated financial research for decades. The problem, however, was that it wasn’t true, or at least it wasn’t nearly as true as we had thought and hoped. When financial economists refined the models with more complete specifications, it turned out Beta didn’t predict stock […] The post Is financial economics still economics? appeared first on Marginal REVOLUTION. CommentsThis intellectual history is compelling but the time hor...

United States
Technology

Shifting to AI model customization is an architectural imperative

In the early days of large language models (LLMs), we grew accustomed to massive 10x jumps in reasoning and coding capability with every new model iteration. Today, those jumps have flattened into incremental gains. The exception is domain-specialized intelligence, where true step-function improvements are still the norm. When a model is fused with an organization’s…

Global