efficient

  1. andrew320

    What's more efficient: charity or government welfare?

    A few months ago, I read a very interesting study that looked at how charities are far more efficient than government when it comes to administrative costs. As I have suspected since my days at high school, charities distribute their funds to the needy far better than government. The study...
  2. myp

    Phil Maybin on the Efficient Market Hypothesis and P=NP

    Check out this interesting video based on a paper by Phil Maybin in which he ties together the famous P=NP open problem in computer science to the efficient market hypothesis and comes to the conclusion that markets are only strongly efficient if P=NP: 7iOJZZFDKpc
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