Many of you have probably watched the most recent race in Imola, where Max Verstappen achieved his 11th career win. During the Grand Prix, two drivers crashed into each other at 300 kilometres per hour and caused the race to be red-flagged. Luckily, the drivers could get out of their cars with no scratches. Had this accident occurred 30 years earlier, however, we would have seen a completely different outcome. The early days Formula 1 is the highest class of international auto racing for single-seater formula racing cars. It is the pinnacle of autosport and […]
You might have heard it in the news lately, the number of billionaires has never been as high as right now. At the beginning of April, the Forbes’ 35th Annual World’s Billionaires List was announced. The number of people owning more than $1,000,000,000 has increased to an unprecedented 2,755. Together they are worth $13.1 trillion, which is way more than the $8 trillion all billionaires combined were worth one year ago. This is partly due to the fact that there is a record high of 493 new billionaires and to the fact that 86% of […]
With a deep sigh you blow out the candles on the cake. Today is your birthday and the whole family is congratulating you. You should be happy, but something is troubling you. Last year seems to have passed so quickly, even quicker than the year before. When you were younger, you never understood why your parents were always complaining about how the years went by so fast, but now you’re beginning to realise what they meant. Luckily, you’re not the only one that experiences it. It’s namely the story that everybody seems to understand; life […]
Een primeur! De allereerste podcast in de geschiedenis van de Econometrist. In deze podcast duiken Sjors en Jochem dieper in de rol van sport in het leven van een student, en alle keuzes en uitdagingen die daarbij komen kijken. Tune in en zone out door jezelf onder te dompelen in de wereld van de studentensportverenigingen, de FOMO die door sport op de loer ligt en de anekdotes van twee zelfverklaard ervaringsdeskundigen. Te beluisteren op zowel de Econometrist als Spotify! Deze podcast is gemaakt door Sjors Keet en Jochem Hak
With trading cards becoming more popular the last year, it seems not only collectors have taken an interest. Some investors and companies are now starting to invest in these trading cards.
It is the year 2007. The school bell has rung and you’ve jumped on your bike and are sprinting home as fast as possible. At home you fire up the Windows Vista powered desktop computer, you launch the game client, and “Jungle Island” starts to play. It is time to fish an inventory full of lobsters. Afterward, the long walk to Varrock west bank starts. Luckily, you have just finished your typing courses, so you can start spamming your offer as fast as possible: “Selling lobsters 200 ea”. And now you just have to wait […]
Computers are taking over manual labor at an unprecedented rate. Currently, 29% of all labor is automated. It is expected that, in the US alone, 38% of jobs are automated by 2030. This increasing level of automation also paves the way for new forms of attack by domestic or foreign actors: cyber-physical attacks. Stuxnet In 2010 a new kind of computer virus was discovered in nuclear facilities in Natanz, Iran. The virus targeted PLCs (programmable logic controllers) that controlled centrifuges in uranium enrichment facilities. It is widely believed that the virus’ primary target was the […]
Remember those good old times when you could just use an all lowercase letter password of just six characters? You might have to bury deep into your memories, since those times are long gone. For me, the last such password I can remember, was my password for Spele.nl ten years ago. Back then, I could simply use turnen as my password, since that was my favorite sport. However, nowadays you need to include both lowercase and uppercase letters, characters, and numbers in your password, which also needs to be at least eight characters long. Why […]
It started with marching bands, Micheal Jackson made it big, Diana Ross used a helicopter and Justin Timberlake caused women to be ignored for 7 years during the hiring process. We are of course talking about the Super Bowl Half-Time Show! The 15-minute extravaganza has been part of the sports event since the start and has helped it to become one of the largest broadcasted events each year. However, it took 26 Super Bowls to figure out that hiring A-list talent was the way to go. Michael Jackson, U2, Lady Gaga, Shakira & Jennifer Lopez, […]
Last week, many eyes were pointed at wall street. I am, however, not yet talking about the GameStop short squeeze that took place around the 27th of January. The establishment of new online stock trading platforms has served as an agora for the public to learn about stock trading and to sell and buy them with a tap on their phone. While sophisticated Wall Street brokers did not bother handling accounts with two hundred dollars, these platforms gladly took in any interested individual. The public took its share in online stock trading, while still being looked […]
You’ve probably heard of Reddit before. It is a social media platform consisting of a network of communities, called subreddits. Most people tend to use Reddit to post messages and share content with each other. Last week however, members of the subreddit r/wallstreetbets all helped raise the stock of Gamestop, a struggling American videogame retailer, from $20 to a stunning $480. This resulted in huge profits and losses, and overall a very volatile stock market. So, how did a group of redditors manage to dominate the stock exchange?
In his dystopian novel ‘1984’, George Orwell introduces a society which is controlled by the government. All the news is fabricated and everything is monitored by the so-called “Thought Police”. The book discusses the consequences of an authoritarian government and how the manipulation of facts influences politics. For instance, the main job of the protagonist, Winston Smith, is to alter the news shown to society when it did not coincide with the way things really happened. Luckily, in our era things are way less extreme (at least in the Netherlands), but similarities can be drawn […]