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Mar 16, 2018

Mining data of taxi rides in NYC

There's so much stuff hidden in data, and so much to learn - it's simply amazing: NYC's government released data of over 1bn cab rides between 2009 and 2014. One student analyzed trips between big banks and the Federal Reserve, and there's a statistical correlation between the number of rides and major decisions taken by the Fed. You can't prove illegal arrangements just by taxi rides, but at least there's another argument the public availability of non-personalized data.

https://www.economist.com/news/finance-and-economics/21738396-novel-data-source-reveals-surprising-patterns-mining-data-cab-rides-show