Bus 626 Discussion posts

DQ1 Capitalism vs Socialism Q1: Define capitalism and socialism and provide examples of countries for both structures. Capitalism is an economic system in which there is private ownership and where there is a drive to provide profit and wealth. Examples include Hong Kong, United Arab Emirates, Singapore, New Zealand, and Australia. Socialism is an economic … Read more

Reflective writing: ‘Superforecasting: The art and science of prediction

Reflective Journal: Chapters 7 and 8 in Superforecasting Tetlock and Gardner (2016), in their book “Superforecasting: The art and science of prediction,” offer crucial insight into the concept of predictive analysis. Throughout the textbook, I learned a lot of concepts related to forecasting and how this art is significant in various aspects of life. Making … Read more