On February 11, 2013, Eric Loomis was arrested in Wisconsin for his part in a drive-by shooting. He pleaded guilty to knowingly fleeing an officer. During the sentencing, the judge consulted an algorithm that predicted how likely Loomis was to recidivate. Because of his criminal history and other factors weighed by the algorithm, Loomis was … Continue reading
Monthly Archives: July 2019
From the Past to the Present: U.S. Protectionism
Since assuming office, President Trump has shaken the foundation of global trade with his use of tariffs. Tariffs, in simple terms, are taxes levied on imported goods. Trump’s intentions, in line with his America First campaign promise, are to boost the domestic manufacturing industry, reduce the U.S. trade deficit, and to leverage foreign countries into … Continue reading
Smoking and Binge-drinking: only one of those can kill you, think Millennials
Kids these days — in particular 18-24 year-olds — are giving up cigarettes in favor of more refined ways of upsetting their parents. Although rates of young adult cigarette use have dropped significantly in recent years to just 10%, marijuana use has crept up to about 20% (p. 23). Meanwhile, e-cigarettes have exploded in popularity … Continue reading
Now vs. the ’90s: Comparing America’s Two Longest Expansions
Two economic roads have diverged in an American wood. Fortunately, America has been able to travel both. Today, July 1, the U.S. economy entered into its record-setting forty-first consecutive quarter of expansion, surpassing only the forty-quarter boom of the 1990s. What will become a quick clip in the twenty-four-hour news cycle should instead be a … Continue reading