New predictive analytics are making Moneyball look obsolete.
At a workshop during the GigaOm Structure conference, Hensberger shared his next-level data crunching and the academic paper his team prepared for the MIT Sloan Sports Analytics Conference. His team modeled MLB data to show with 74.5% accuracy what a pitcher is going to throw—and when.
Read More>

(thanks/via: fastcompany)

New predictive analytics are making Moneyball look obsolete.

At a workshop during the GigaOm Structure conference, Hensberger shared his next-level data crunching and the academic paper his team prepared for the MIT Sloan Sports Analytics Conference. His team modeled MLB data to show with 74.5% accuracy what a pitcher is going to throw—and when.

Read More>

(thanks/via: fastcompany)

So why are we still debating this?


Even though it had a lower numerical value, the minimum wage was worth more in the 1960’s than it is worth today. During the Great Depression, the minimum wage was lower and the economy was in worse condition. Time to raise it!

Raising wages raises employment, and raises demand.
Keeping wages low stagnates the entire economy.
Economics is better at explaining minimum wage than conservative opinions on character and need for oppressive capitalist institutions.

(thanks/via: liberalsarecool and teamsternation)

So why are we still debating this?

Even though it had a lower numerical value, the minimum wage was worth more in the 1960’s than it is worth today. During the Great Depression, the minimum wage was lower and the economy was in worse condition. Time to raise it!

Raising wages raises employment, and raises demand.

Keeping wages low stagnates the entire economy.

Economics is better at explaining minimum wage than conservative opinions on character and need for oppressive capitalist institutions.

(thanks/via: liberalsarecool and teamsternation)

(thanks/via: humanrightswatch)