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I often hear the question “What is an actuary?” Well, actuaries are unique in that they have a deep understanding of both business and statistics.
Traditionally, an actuary’s differentiator was their ability to make financial sense of extremely long-term horizons—typically those associated with the lifespan of human beings.
This naturally lent itself to actuaries working in the age-old fields of life insurance and pensions. Continue reading The Statistical Edge: Enhance Your Metrics with the Actuarial Valuation Method
Protectionism only protects the Government. It does not defend obsolete industries, does not create jobs and certainly does not support growth. It only protects the government that imposes it, because the governments present themselves as saviors of the effects of something that they have no power to change. Progress and competition. As Henry George said, “what protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war”. 
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