Word: positioner
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Even Janie’s thoughts of ending her life reflected a somewhat common experience among college students in her position. In a study of 28,000 students on 66 campuses released one year ago by The Center for the Study of Collegiate Mental Health at Penn State University, one...
“We want students to understand that the position we’re in is not adversarial—it’s an educational board,” said Howell. We’re not writing them off and saying ‘Go away.?...
Admittedly, it is hard to argue with such a positivist position, particularly when financiers and policymakers are willing and eager to rely on the appearance of mathematical certainty they provide. Certainty is attractive: Investors like companies with steady returns, just like individuals purchase insurance to hedge against the unknown; even...
Ironically, the challenge to this position is anything but new. It goes back to the German historical school of famed authors like Arnold Toynbee and Joseph A. Schumpeter. As John Maynard Keynes himself wrote in the preface to his masterpiece, “The difficulty lies, not in new ideas...
The second idea further complicates the ideological position of traditional econometricians by borrowing heavily from physicist Werner Heisenberg’s principle of uncertainty. If the observer adds an element of uncertainty by the mere fact of observing, then fully determined prediction is not a matter of how much data...