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Top 10 Python Economic Projects
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akshare
AKShare is an elegant and simple financial data interface library for Python, built for human beings! 开源财经数据接口库 (by akfamily)
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WorkOS
The modern identity platform for B2B SaaS. The APIs are flexible and easy-to-use, supporting authentication, user identity, and complex enterprise features like SSO and SCIM provisioning.
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edgar-crawler
The only open-source toolkit that can download EDGAR financial reports and extract textual data from specific item sections into nice and clean JSON files.
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policyengine-us
The PolicyEngine US Python package contains a rules engine of the US tax-benefit system, and microdata generation for microsimulation analysis.
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emerging-trajectories
Open source framework for using LLMs to forecast political, economic, and social events.
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InfluxDB
Power Real-Time Data Analytics at Scale. Get real-time insights from all types of time series data with InfluxDB. Ingest, query, and analyze billions of data points in real-time with unbounded cardinality.
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TrackingR
Python code for "Tracking R of COVID-19 A New Real-Time Estimation Using the Kalman Filter".
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Project mention: Open-Sourcing High-Frequency Trading and Market-Making Backtesting Tool | /r/Python | 2023-12-06You might want to suggest this as an extension to the OpenBB project - I imagine that could be of interest to them if there isn’t something like it built in already :-)
Project mention: Work with First, Second and Third Order Greeks Through the Finance Toolkit | news.ycombinator.com | 2024-01-17Over the last year I've spend a significant amount of time creating a Finance Toolkit in Python, it currently features over 150+ different metrics such as financial ratios, models, risk and performance metrics, technical indicators, macro-economic parameters and since today also all Greeks.
The Finance Toolkit is written in Python and is meant as a free solution to acquire a large range of financial metrics. My goal is to make financial calculations accessible to everyone as there is no point in reinventing the wheel over and over again which I've seen countless of times happen given that I work in the Financial Sector myself.
If you are interested give it a go: https://github.com/JerBouma/FinanceToolkit and find the recent release notes here that talk about the Greeks: https://github.com/JerBouma/FinanceToolkit/releases/tag/v.1....
Project mention: Open-source toolkit to download EDGAR financial reports | news.ycombinator.com | 2023-12-27
RAG will have a place in the LLM world, since it's a way to obtain data/facts/info for relevant queries.
Since you asked about alternatives...
(a) "World models" where LLMs structure information into code, structured data, etc. and query those models will likely be a thing. AlphaGeometry uses this[1], and people have tried to abstract this in different ways[2].
(b) Depending on how you define RAG, knowledge graphs could be a form of RAG or alternatively an alternative to them. Companies like Elemental Cognition[3] are building distinct alternatives to RAG that use such graphs and give LLMs the ability to run queries on said graphs. Another approach here is to build "fact databases" where, you structure observations about the world into standalone concepts/ideas/observations and reference those[4]. Again, similar to RAG but not quite RAG as we know it today.
[1] https://deepmind.google/discover/blog/alphageometry-an-olymp...
[2] https://arxiv.org/abs/2306.12672
[3] https://ec.ai/
[4] https://emergingtrajectories.com/
NOTE:
The open source projects on this list are ordered by number of github stars.
The number of mentions indicates repo mentiontions in the last 12 Months or
since we started tracking (Dec 2020).
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Index
What are some of the best open-source Economic projects in Python? This list will help you:
| Project | Stars | |
|---|---|---|
| 1 | OpenBBTerminal | 26,055 |
| 2 | akshare | 8,364 |
| 3 | FinanceToolkit | 2,343 |
| 4 | 0xDeCA10B | 548 |
| 5 | edgar-crawler | 227 |
| 6 | policyengine-us | 92 |
| 7 | emerging-trajectories | 54 |
| 8 | TrackingR | 27 |
| 9 | policyengine-uk | 21 |
| 10 | BLS-Transformer | 3 |
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