Seth Stephens-Davidowitz: Why Big Data Matters

Seth Stephens-Davidowitz: Why Big Data Matters

What is big data? Why does Seth Stephens-Davidowitz care about it? In Everybody Lies, Seth Stephens-Davidowitz says information from big data can be used for the greater good. But to do so, data researchers have to understand big data’s inherent strengths—and avoid its inherent weaknesses. Learn more about big data, Seth Stephens-Davidowitz’s definition of it, and why it’s important for research.

Capital in the Twenty-First Century by Thomas Piketty

Guaranteed Basic Income: Creating A Better Tomorrow

What is Capital in the Twenty-First Century about? Why does Thomas Piketty believe capitalism generates economic inequality? In Capital in the Twenty-First Century, Thomas Piketty analyzes national incomes, income tax returns, estate tax returns, and other financial data across multiple countries and centuries. The result is a groundbreaking study of the history of economic inequality and its implications for 21st-century society. Keep reading for an overview of Capital in the Twenty-First Century by Thomas Piketty.

Invisible Women: Data Bias Works in Men’s Favor

Invisible Women: Data Bias Works in Men’s Favor

How does Invisible Women define data bias? How does data bias hurt women on a healthcare and safety level? As explained in Invisible Women, data bias occurs when socio-cultural prejudices affect systematic processes. The author, Caroline Criado Perez, specifically talks about how a lack of information about the female experience affects women’s health, safety, and economic standing. Continue reading to learn more about gender data bias.

The 4 Benefits of Big Data, Explained In Detail

The 4 Benefits of Big Data, Explained In Detail

What are the benefits of big data? Do you want to know how to use data well? Despite all of the potential advantages, Seth Stephens-Davidowitz acknowledges that it’s easy to use big data ineffectively. To get the most out of big data, Stephens-Davidowitz says you should focus on its four main benefits: new types of information, unprecedented honesty, high resolution, and easy cause-effect analysis. Keep reading for the four benefits of big data that are explained in Everybody Lies.

What Causes Economic Inequality? Expert Explains

What Causes Economic Inequality? Expert Explains

What causes economic inequality? What is different about economic inequality now vs. before World War I? Economic inequality is a growing issue today. In Capital in the Twenty-First Century, Thomas Piketty argues that high salaries for executives and managers are the driving forces for inequality. Read more on how uneven salary distribution could be the leading cause of this imbalance.