Arnold Kling analyzes the subprime mortgage mess using statistics: Null Hypothesis: Borrower applying for a loan will NOT repay it. Alternative Hypothesis: Borrower will repay the loan. Type I Error: ...

What do Icelandic volcanic ashes have in common with an innocent Brazilian man wrongly shot to death in a subway station by the London Metropolitan Police because they misidentified him as one of the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...