Monday, June 10, 2013

What are we doing? #PucaTrade Week 5 of 52:

I hired 3 economists this week. Two are Phd’s, and one is getting his Masters Degree at a college in Canada. Why? People who trade on PucaTrade all seem to have the consensus that there are not enough PucaPoints in our economy. Intuitively, I agree with them. But as the steward of this microcosm of trade, I feel that it’s my duty to only act from a position of knowledge, insight, and mathematical theory (as opposed to a position of intuition or even worse: ignorance). I’m incredibly excited to read their reports. They’re all completely by this project, and in the fashion of true academics they seem to be excited to put their knowledge to practice. The mathematical results they produce will be instrumental in policy making on the site, and will certainly result in a better trading experience for us all.

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