Forecasting Net

I am a great fan of Dan Brown. I have read all of his books and enjoyed every single one of them! Great fiction and storytelling. Most of all, I always admired Brown's capacity to fuse fantastic elements with actual historical or scientific facts. This is why I decided to test his last-and one of my favorite-books, the “Inferno”.

Before we procee...

Although the history and implications of the Cold War between the US and the USSR are well documented, it is still not quite clear why it ended up as it did, with the collapse of the Soviet Bloc and a clear win for the US.

Using a methodology presented in the recent post, “What makes our world and the economy tick?”...

The ancient Greek civilization emerged during the 8th century BC, almost out of nowhere, reaching a peak point in just three centuries, the Golden Age of Pericles in the 5th century BC that is still considered one of the most brilliant moments of human history.

Although the marvels of Ancient Greece are common knowledge today, it is still not quite clear what triggered this important period of development.

By using a methodology prese...

As the Second Economic Adjustment Program for Greece is soon coming to an end, there is a growing debate about the impact of the agreed austerity measures, whether the economic recession is finally over, and, most of all, what the next day may be.

In order to evaluate the course and future potential of the Greek economy, in terms of GDP value and growth levels, we used a double

As the number of reported cases of the recent Ebola virus outbreak is continuously rising, so is the concern of the people and public officials about the possible duration and severity of the deadly epidemic.

In order to estimate the evolution of the disease, we used the s-curve model an...

This book is a stand-alone sequel to Theodore Modis’s ground-breaking book Predictions: Society’s Telltale Signature Reveals the Past and Forecasts the Future (Simon & Schuster, 1992). In addition to confronting the predictions made 20 years ago with actual data-something forecasters generally ref...

China’s recent growth frenzy should not be a surprise. Its economy has been one of the largest in the world in the last two thousand years, reaching a peak point near the beginning of the 19th century, accounting for almost one third of the global economy at the time. However, by the mid-20th century the Chinese Empire and its economy collapsed to a mere 5% contribution to global GDP only to rise again after Deng Xiaoping assumed power in 1977. Key in understanding these econ...

Although it is common knowledge that the development of the past 500 years is based on a series of important discoveries that helped shape our modern civilization, we still don’t understand exactly how innovation adds value to the economy and, even more, how to quantify this relationship. This post will shed some light to the relationship between innovation and economic growth and help us understand how our decisions and efforts today may influence our future!