Video of Roger Williams Playing Autumn
Leaves ---
http://www.youtube.com/watch?v=f_1tp2APNcg
Video of Roger Williams Playing Autumn Leaves ---
http://www.youtube.com/watch?v=SO5cueCo0No
Autumn Leaves (Frank Sinatra) ---
http://www.youtube.com/watch?v=hhB8H1YnRF0
o of Roger Williams Playing Autumn Leaves ---
http://www.youtube.com/watch?v=SO5cueCo0No
Autumn Leaves (Nat "King" Cole) ---
http://www.youtube.com/watch?v=IY17gMP5QvI
Autumn Leaves (Andrea Bocelli) ---
http://www.youtube.com/watch?v=IAMy_hivbtk
Autumn Leaves (Jazz piano trio) ---
http://www.youtube.com/watch?v=w5ZzjMNgkZg

The above picture was actually taken at the end of October 2005 when there was
less snow on the mountains
We can now see quite a lot of snow on the Presidential Range about 20 miles
northeast of our closer Kinsman Range.
It has been a great year for foliage and relatively warm October weather.

Above is a view of the Presidential Range of the
White Mountains
Below is a view of Mt. Jefferson, Mt. Clay, and Mt. Washington taken from our
front porch
Twin Mountain in the Twin Mountain Range is in the foreground
Each day of late autumn brings us closer to skiing season
But now we're still enjoying colors of autumn leaves



The
above rock is in the middle of our circular driveway
Below you can make out part of my neighbor's swimming pool that we enjoy when
they occasionally come up here
Our old maple tree's trunk below is over fourteen feet in circumference


Autumn PowerPoint Show (use the arrow keys for
picture transitions) ---
Click Here
Tidbits on October 17, 2007
Bob Jensen
Videos From Bob Jensen's Personal
Camera (the pictures are clear but some of them lost a bit in the video) ---
http://www.cs.trinity.edu/~rjensen/EdTech/Video/Personal/
The Tidbits.wmv video is narrated.
For earlier editions of Tidbits go to
http://www.trinity.edu/rjensen/TidbitsDirectory.htm
For earlier editions of New Bookmarks go to
http://www.trinity.edu/rjensen/bookurl.htm
Click here to search Bob Jensen's web site if you have key words to enter ---
Search Site.
For example if you want to know what Jensen documents have the term "Enron"
enter the phrase Jensen AND Enron. Another search engine that covers Trinity and
other universities is at
http://www.searchedu.com/.
Bob Jensen's past presentations and lectures
---
http://www.trinity.edu/rjensen/resume.htm#Presentations
Bob Jensen's Threads ---
http://www.trinity.edu/rjensen/threads.htm
Bob Jensen's Home Page is at
http://www.trinity.edu/rjensen/
CPA
Examination ---
http://en.wikipedia.org/wiki/Cpa_examination
You can read about Erika's surgeries and see
her pictures at
http://www.trinity.edu/rjensen/Erika2007.htm
Personal pictures are at
http://www.cs.trinity.edu/~rjensen/PictureHistory/
Some personal videos are at
http://www.cs.trinity.edu/~rjensen/EdTech/Video/Personal/
Bob Jensen's blogs and various threads on many topics ---
http://www.trinity.edu/rjensen/threads.htm
(Also scroll down to the table at
http://www.trinity.edu/rjensen/ )
Set up free conference calls at
http://www.freeconference.com/
World Clock ---
http://www.peterussell.com/Odds/WorldClock.php
If you want to help our badly injured troops, please check out
Valour-IT: Voice-Activated Laptops for Our Injured Troops ---
http://www.valour-it.blogspot.com/
Online Video, Slide Shows, and Audio
In the past I've provided links to various types of music and video available
free on the Web.
I created a page that summarizes those various links ---
http://www.trinity.edu/rjensen/music.htm
A Very Short Video History of Religion ---
http://www.mapsofwar.com/ind/history-of-religion.html
Roger Williams in Concert
Halloween Hangman (interactive video; randomly hit the buttons)
---
http://www.dedge.com/flash/hangman/hangman.swf
From Princeton
University Channel (video and audio) ---
http://uc.princeton.edu/main/
Ideas Worth Spreading ---
http://video.google.com/videoplay?docid=2670820702819322251
Mathematics for Economics: Enhancing Teaching and Learning
(includes video tutorials) ---
http://www.metalproject.co.uk/
Bowdoin College Combines Old and New Architecture ---
http://chronicle.com/media/flash/v54/i08/bowdoin/
Snowball is a medium sulfur-crested Eleanora cockatoo and he
loves to dance and sing ---
http://birdloversonly.blogspot.com/2007/09/may-i-have-this-dance.html
The word-crafted version of California's SB 777 Law (signed by
Governor Schwarzenegger) ---
http://www.leginfo.ca.gov/pub/07-08/bill/sen/sb_0751-0800/sb_777_bill_20070223_introduced.pdf
A video debate from both sides that leaves viewers pretty well confused ---
http://www.youtube.com/watch?v=GqyilGupb9A
Al
The bill should be called the Lawyers Full Employment Act since California
courts are bound to become crammed with harassment lawsuits coming form all
sides of society seeking to win the legal lottery. The losers inevitably will be
California taxpayers who ultimately will foot the bill of their school districts
defending themselves in lawsuits, many of which will be cookie cutter lawsuits,
i.e., thousands of lawsuits that are virtual photocopies with the names, dates,
and places changed.
Free music downloads ---
http://www.trinity.edu/rjensen/music.htm
Richard Wagner's 'Die Walkuere' From the
Washington National Opera (Entire Performance ) ---
http://www.npr.org/templates/story/story.php?storyId=15196750
Placido Domingo, Anja Kampe, Alan Held, Gidon Saks, Linda Watson, Elena Zaremba,
and Fricka Zaremba
Violinist Julia Fischer Voted Artist of the Year
2007 ---
http://www.npr.org/templates/story/story.php?storyId=14992483
Leos Janacek's 'Jenufa' From the Washington
National Opera ---
http://www.npr.org/templates/story/story.php?storyId=14992132
Josh Ritter in Full Concert (poetic in the style
of Bob Dylan but a better singer) ---
http://www.npr.org/templates/story/story.php?storyId=14939797
Love Is On A Roll (Don Williams video ---
http://www.youtube.com/watch?v=ub5Y3IHluF8
Jazz pianist Cyrus Chestnut and pop icon Elvis
Presley aren't a likely pairing: Chestnut is one of the top pianists of a
generation born many years after songs like "Love Me Tender," "Hound Dog" and
"Don't Be Cruel" made Presley the king of rock 'n' roll. But on Chestnut's new
CD, Cyrus Plays Elvis, he offers a fresh outlook on Presley ---
http://www.npr.org/templates/story/story.php?storyId=15039843
'Rag and Bone' by The White Stripes (Meg White,
Drummer) ---
http://www.npr.org/templates/story/story.php?storyId=15319394
The Americans Are Coming (rock) ---
http://www.wishyswavs.com/americanscoming.html?1158520005859
Roger Williams in Concert
Glenn Beck on Global Warming ---
http://www.youtube.com/watch?v=xquohKzR8QI
October 13, 2007 message from Peter Webster (The
Acoustic Music Archive)
[peter@acousticmusicarchive.com]
Dear Bob,
I wondered whether you would link to me
from your website. My site is called The Acoustic Music Archive. I have
posted lyrics, chords and information about the origins of some of my
favorite traditional songs, together with my own recordings of them that
visitors can optionally listen to.
I have provided some HTML below that you
could paste in to your Links page (
http://www.trinity.edu/rjensen/music.htm ):
The Acoustic Music Archive
http://www.acousticmusicarchive.com/lyrics_chords_and_downloads.html
The site is a place where people can find
lyrics and chords for folk songs, discover their origins and listen to
recordings of them.
Let me if you want to link and I will put
a reciprocal link back to you from my links page (
http://www.acousticmusicarchive.com/links.html
).
Thanks,
Peter Webster
The Acoustic Music Archive
www.acousticmusicarchive.com
iTune purchases can be played on five iPods at
the same time
"Making iTunes Music Purchases Available to Multiple Computers," by Walter
Mossberg, The Wall Street Journal, September 20, 2007; Page B4 ---
http://online.wsj.com/article/SB119024466861833141.html
Q: With the new iPods coming out, how
do you deactivate an old one? I think Apple only allows a certain number to
be used with an account.
A: You don't have to deactivate an iPod if
you replace it. The copy-protection rules imposed on Apple by the
entertainment companies allow for copy-protected music and videos purchased
from the iTunes Music Store to be stored and played on an unlimited number
of iPods.
The only "deactivation" iTunes users have
to perform is on a computer -- Windows or Mac -- because the copy-protection
rules allow purchased, copy-protected songs and videos to be played on no
more than five computers at a time. So, before you replace a computer on
which you are storing such purchased, protected iTunes material, you should
deauthorize the machine by going to the "Store" menu in iTunes and selecting
"Deauthorize Computer...".
Of course, if you aren't at or near the
five-computer limit, this issue may not matter. It's also irrelevant if none
of the music or videos you play from within iTunes is copy-protected
material purchased from the iTunes store. You can happily use iTunes and
iPods without buying any copy-protected stuff from Apple. You can restrict
your music and videos to those you copy from legally obtained CDs, those you
create yourself, or those you buy in unprotected formats from iTunes, or
other sites, like eMusic.
Photographs and Art
Online Books, Poems, References, and Other Literature
In the past I've provided links to various
types electronic literature available free on the Web.
I created a page that summarizes those various links ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm
BookMooch allows you to trade books on
your shelf for other books ---
http://bookmooch.com/
"Only minutes after creating a list of
books I am willing to give away on Bookmooch, I already had enough points to
request free books from others. Tomorrow, I am mailing two complete
strangers some old books. And four strangers have promised to send me books
I was planning to buy on Amazon. An excellent trade! Bookmooch works!"
- Solana Larsen (a BookMooch member)
See Joanne Kaufman, "Clear the Bookshelf and Fill It
Up Again, All Online," The New York Times, October 15, 2007 ---
Click Here
March 27, 2007 message from Tina Bungert
[tina.bungert@hitflip.de]
. . . I would like to introduce
you to our service and web site Hitflip that might be an interesting
addition to your links for books and education. Hitflip is a community
to swap used books and other original media. It is therefore an easy and
cheap alternative to the existing online book stores. You can find
hitflip at
http://www.hitflip.de .
The just recently launched English version can be found at
http://www.hitflip.co.uk .
Poetry Magazine ---
http://www.poetrymagazine.org/
Poetry Magazines ---
http://www.poetrymagazines.org.uk/
Poetry Daily ---
http://www.poems.com/
The Literature Page (Classics) ---
http://www.literaturepage.com/
The Uncommercial Traveller by Charles Dickens ---
Click Here
Songs Of Travel by Robert Louis
Stevenson (1850-1894)
---
http://www.logoslibrary.eu/pls/wordtc/new_wordtheque.w6_start.doc?code=11272&lang=EN
Underwoods by Robert Louis
Stevenson (1850-1894)
---
Click Here
“Islamofascism” is a noxious and counterproductive term — a
bludgeon disguised as an idea. Its use comes at a cost, even
beyond the obvious one that goes with making people dumber.
“Islamofascism” is the preferred term of those who don’t see any
distinction between Al Qaeda, the Iranian mullahs, and the
Baathists. Guess what? They are different, which might just have
been worth understanding a few years ago. (Better late than
never, maybe; but not a whole lot better.)The more serious
consequence, over the long term, is that of offering deliberate
insult to those Muslims who would be put to the sword under the
reign of Jihadi fundamentalists. Disgust for cheap stunts done
in the name of
“Islamofascism awareness”
is not a matter of doubting that the jihadis mean what they say.
On the contrary, it goes with taking them seriously as enemies.
Scott McLemee, "Be
Aware (Beware)," Inside Higher Ed, October 17, 2007 ---
http://www.insidehighered.com/views/2007/10/17/mclemee
For the really
suave expression of Islamophobofascism,
however, no local sideshow can compete with
an
interview
that the British
novelist Martin Amis gave last year. At the
highest stages of cosmopolitan literary
influence, it seems, one may express ideas
worthy of a manic loon phoning a radio
talk-show and get them published in the
London Times.
“There’s a definite urge — don’t you have
it? — to say, ‘The Muslim community will
have to suffer until it gets its house in
order,’ ” Amis said. “What sort of
suffering? Not letting them travel.
Deportation — further down the road.
Curtailing of freedoms. Strip-searching
people who look like they’re from the Middle
East or from Pakistan.… Discriminatory
stuff, until it hurts the whole community
and they start getting tough with their
children.”
The cultural theorist
Terry Eagleton issued a response to Amis in
the preface to a new edition of his book
“Ideology: An Introduction” — first
published in 1991 by Verso, which reissued
it a few weeks ago. It stirred up a
tiny tempest in
the British press, which reduced the
argument to the dimensions of a clash
between two “bad boys” (albeit ones grown
quite long in the tooth).
Quickly mounting to
impressive heights of inanity,
the coverage and
commentary managed somehow to ignore the
actual substance of the dispute: what Amis
said (his explicit call to persecute all
Muslims until they acted right) and how
Eagleton responded.
“Joseph Stalin seems not to be Amis’s
favorite historical character,” wrote
Eagleton, alluding to the novelist’s Koba
the Dread, a venture into Soviet
political history published a while back.
“Yet there is a good dose of Stalinism in
the current right-wing notion that a spot of
rough stuff may be justified by the end in
view. Not just roughing up actual or
intending criminals, mind, but the
calculated harassment of a whole population.
Amis is not recommending such tactics for
criminals or suspects only; he is
recommending them as a way of humiliating
and insulting certain kinds of men and women
at random, so they will return home and
teach their children to be nice to the White
Man. There seems to be something mildly
defective about this logic.”
Eagleton’s introduction doesn’t
underestimate the virulence of the
jihadists. But his remarks do at least have
the good sense to acknowledge that
humiliation is a weapon that will not work
in the long run. (As an aside, let me note
that some of us don’t have the luxury of
either ignoring terrorism or regarding it as
something that will be abated by a more
aggressive posture in the world. Life in
Washington, D.C., for the past several years
has meant rarely getting on the subway
without wondering if this might be
the day. The “surge” did not reduce the
faint background radiation of dread one
little bit. Funny how these thing work out,
or don’t.)
Anybody with an ounce of brains and
responsibility can tell that fostering an
environment of hysteria is useful only to
one side of this conflict.“The best way to
preserve one’s values,” writes Eagleton, “is
to practice them.” Well said; and worth
keeping in mind whenever the
Islamophobofascists start to rush about,
trying to drum up some business.
We shouldn’t regard them as just nuisances.
They are something much more dangerous.
Determined to turn the whole world against
us, they act as sleeper cells of malice and
stupidity. There are sober ways to respond
to danger, and insane ways. It is the
demagogue’s stock in trade to blur the
distinction.
In the spirit of Scott's article above, you might read the "Resident Alien"
sermon forwarded by Dr. Wolff ---
Click Here
Forwarded by Dick Haar
Let's Tax The Rich!
The latest figures (2005 data) from the IRS and the
Tax Foundation shows:
The top 1% accounted for 21.2% of all income and
paid 39.4% of all taxes
The top 5% accounted for 35.8% of all income and
paid 60.0% of all taxes
That's right the top 5% paid more taxes than the
other 95%
The top 50% in income paid 97% of all taxes.
Gee Whiz let's lay some more taxes on the rich.
Gee Whiz let's also lay a Windfall Tax on all pension savers (i.e. a
huge penalty for long-term saving by all workers):
. . . Nancy Pelosi wants to put a Windfall Tax on all stock market profits
(including Retirement fund, 401Ks and Mutual Funds! and CREF
accounts) . . . When asked how these new tax dollars
would be spent, she replied "We need to raise the standard of living of our
poor, unemployed and minorities. For example, we have an estimated 12 million
illegal immigrants in our country who need our help along with millions of
unemployed minorities." "Windfall profits taxes could go a long ways to
guarantee these people the standard of living they would like to have as
'Americans'."
Free Republic, October 16, 2007 ---
http://www.freerepublic.com/focus/f-news/1911844/posts
Jensen Comment
If this Windfall Tax becomes reality after the Democrats
sweep the 2008 election, it will be too bad that you're locked into your
retirement savings plans (e.g., CREF) that depend on the stock market, because
the stock market will plunge south as soon as it even appears that Pelosi's
Windfall Tax has a chance.But when the value of your retirement account plunges you won't
have to pay as much Windfall Tax. Should you look at this as good news or bad
news?
This is about as close as you can get to a retroactive tax
without actually imposing a retroactive tax. Even the millions of employed
minorities have to fear this egalitarian confiscation of their savings. Even if
you shift your pension plan out of corporate equity investments (stocks), you
will be liable for accumulated capital gains up to the date you shift to other
investments. For example, if you started saving for retirement in CREF 30
years ago, nearly all the value of your portfolio is capital gain subject to the
Windfall Tax.
This may be a shot in the arm for the real estate market as
investors cash in their corporate equity savings and invest in real estate. But
it won't do the working poor or the unemployed any good as the corporations cut
back on operations due to higher cost of capital. But don't panic yet! The
Democrats have recently proved (Senator
Reid in particular) that they're just as vulnerable, or possibly more
vulnerable, to corporate lobbying powerhouses.
Every major daily paper in New York took note of
President Bush's decision to bestow the first Medal of Honor of Operation
Enduring Freedom on Navy SEAL Lt. Michael Murphy - a Long Islander who gave his
life for his country and his fellow SEALs. Every paper but one, that is.
"Unfit to Print, The New York Post,
http://www.nypost.com/seven/10132007/postopinion/editorials/unfit_to_print_.htm
The Treasury Department announced today that it had
designated three Saudi nationals as Specially Designated Global Terrorists (“SDGTs”).
All three are accused of providing funds to al Qaeda’s affiliate in the
Philippines, the Abu Sayyaf Group (“ASG”). The first, Abdul Rahim Al-Talhi, is
described as an “al Qaida-affiliated financier, a loyal colleague of Usama bin
Laden, and a member of a Saudi Arabia-based donor network funding terrorists and
supporting extremist activity.” The second, Muhammad ‘Abdallah Salih Sughayr, is
the “principal conduit” for “unidentified Saudi extremist donors wishing to
provide financial and ideological support to the ASG network in the
Philippines.” And the third, Fahd Muhammad ‘Abd Al-‘Aziz Al-Khashiban, “gave
then-ASG leader Khadaffy Janjalani approximately US $18,000 to finance a planned
ASG bombing operation targeting either the U.S. or the Australian embassy in
Manila [in the early 2000s].” The plot was disrupted by Philippine authorities
“before its completion,” but “Khashiban continued to routinely provide money to
the ASG.” I thought of two things, primarily, when reading this today. First,
every account I’ve read has said that the Saudis have been fairly unhelpful in
cracking down on the jihadi finance network operating on their own soil.
Thomas Joscelyn, "Saudi Cash for al Qaeda," FrontPage
Magazine, October 11, 2007 ---
http://www.frontpagemag.com/Articles/Read.aspx?GUID=C2437CDF-BD57-4FAC-B18D-4160EE5309C1
We must guard against the acquisition of unwarranted
influence, whether sought or unsought, by the military-industrial complex.
Dwight D. Eisenhower ---
http://en.wikipedia.org/wiki/Eisenhower
MTV Arabia, a new 24-hour free satellite channel, will
begin broadcasting in Arabic across the Middle East on Nov. 16. The Viacom
-owned network's flagship show, Hip HopNa ("my hip-hop"), will be co-hosted by
Saudi rapper Qusai Khidr and Palestinian-American producer Farid Nassar, aka
Fredwreck, who has worked with Snoop Dogg, 50 Cent, and other marquee names. The
show will visit 10 cities across the Middle East in search of talent, giving
would-be Arab rap stars an international platform. Noujaim won the show's first
competition, and Fredwreck has produced one of his tracks. "This is a music
genre that is bubbling underneath the surface here, and we want to claim it as
our own," says Bhavneet Singh, head of emerging markets for MTV Networks
International (MTVNI ) . . . And U.S. media giant Viacom aims to deliver it, as
well as Nickelodeon, Comedy Central, and more . . . MTV Arabia is the biggest
test to date of the network's two-decade-old localization strategy. MTV's
flagship music channel has seen its American TV ratings slip and has struggled
online. Management believes the biggest growth will come overseas, and the
network now pumps out a blend of international and local tunes from Russia to
Indonesia to Pakistan. That has helped MTV and sister operations, such as VH1
and Nickelodeon, reach 508 million households in 161 countries. "This isn't
going to be MTV U.S.," Bill Roedy, vice-chairman of MTV Networks, says of the
latest offering. "It is Arabic MTV made by Arabs for Arabs."
"The Arab World Wants Its MTV," Business Week, October 22,
2007 ---
Click Here
"The Politics of Disaster," The Wall Street Journal,
October 10, 2007; Page A20 ---
http://online.wsj.com/article/SB119197595006254164.html
We've been warning of the financial
disaster looming off the Florida coast ever since Governor Charlie Crist
socialized the state's hurricane insurance market and put Florida taxpayers
on the hook for billions. Earlier this year, Mr. Crist stumped for and then
signed a law making the Florida government the state's dominant insurer, but
without the reserves that would be required of real insurance companies. The
plan will work splendidly as long as there are no hurricanes in Florida, but
the state will face a difficult challenge once the inevitable storm hits:
how to pry new tax revenue out of Floridians just as they begin sifting
through the rubble that used to be their homes.
Now Florida's politicians are doubling
down on their mistake, by trying to make all American taxpayers subsidize
insurance for Florida homeowners. Congressman Ron Klein (D., Fla.) is hoping
for a floor vote this fall on his Homeowners' Defense Act and has been
assured by Speaker Nancy Pelosi that this is a top priority. Governor Crist
is also lobbying hard.
Mr. Klein's bill would force the U.S.
Treasury to issue below-market loans to state-insurance programs, while also
creating a kind of Fannie Mae of disaster reinsurance, a federally chartered
organization called the "National Catastrophe Risk Consortium." Like Fannie,
the consortium would carry an implicit guarantee from the federal government
as it issues securities in the capital markets, distorting prices as it
sells subsidized reinsurance to participating states, all the while saddling
taxpayers with new risks. According to Treasury Assistant Secretary Phillip
Swagel, "Taxpayers nationwide would subsidize insurance rates in high-risk
areas, which would be both costly and unfair."
Transferring the risk from condo-owners in
Boca to taxpayers in Syracuse does not reduce the cost of hurricane
disasters. In fact, now that Congress looks ready to volunteer middle-class
taxpayers nationwide as the financial backstop for lovely beachfront
properties, South Florida developers will have even less incentive to use
sturdy materials and set homes a reasonable distance from the waterline. We
have already run this experiment with the National Flood Insurance Program,
with predictable results. When people can buy insurance at below-market
rates, they tend to stay in accident-prone homes.
Continued in article
Meanwhile, the credibility of conservatives has
diminished steadily. These days they cannot even achieve clarity on the meaning
of their favorite cliches. For instance, the president hates "federalized health
care," but sponsors a Medicare prescription drug program that wastes hundreds of
billions on drug companies and private insurers. Right-wing definitions no
longer seem so clear, either. When the government awards a billion dollars in
sweetheart mercenary contracts to a wealthy Republican family in Michigan,
that's "private enterprise." But when the government helps a struggling
middle-class family in Maryland send its children to the doctor, that's creeping
socialism.
Joe Conason, "Why 'Socialism' Evokes No Fear," RealClearPolitics,
October 11, 2007 ---
http://www.realclearpolitics.com/articles/2007/10/why_socialism_evokes_no_fear.html
Three months after Democrats made headlines with a
plan to double the taxes on hedge funds and private equity, Senate Majority
Leader Harry Reid seems to have had a change of heart. On Monday, the Nevada
Senator indicated he won't follow through on the tax-the-rich plan, demurring
that the Senate is awfully busy. This is a little awkward for a party that has
made income inequality a campaign staple. But the turnabout isn't so mysterious
in an election season when Wall Street moneymen have made more than $6 million
in political donations, with most going to Democrats, especially a certain
Senator from New York
"Reid's Tax Hedge," The Wall Street Journal, October 10, 2007; Page A20 ---
http://online.wsj.com/article/SB119197609550554166.html
The word-crafted version of California's SB 777 Law (signed by
Governor Schwarzenegger) ---
http://www.leginfo.ca.gov/pub/07-08/bill/sen/sb_0751-0800/sb_777_bill_20070223_introduced.pdf
Jensen Comment
A video debate from both sides that leaves viewers pretty well confused ---
http://www.youtube.com/watch?v=GqyilGupb9A
The bill should be called the Lawyers Full Employment Act since California
courts are bound to become crammed with harassment lawsuits coming form all
sides of society seeking to win the legal lottery. The losers inevitably will be
California taxpayers who ultimately will foot the bill of their school districts
defending themselves in lawsuits, many of which will be cookie cutter lawsuits,
i.e., thousands of lawsuits that are virtual photocopies with the names, dates,
and places changed.
Dr. Hawley Crippen was hanged for murdering and
dismembering his showgirl wife, then fleeing with his mistress across the high
seas with the police in hot pursuit. Loaded with enough sordid details and
twists to eventually fuel more than 40 books and several movies, this London
case is second only to Jack the Ripper in its sensational notoriety . . . For
nearly a century, Crippen, a homeopathic physician, was thought to have poisoned
his flamboyant and domineering wife with an obscure toxin, dismembered her body
and buried little more than tissue in his London cellar. Crippen was labeled
“one of the most dangerous and remarkable men who have lived in this century.” .
. . “Crippen was not convicted just of murder – but the murder of Cora Crippen,”
Trestrail said. “If that body is not Cora, then that’s another trial.”
"Science casts doubt on famous British murder case:
Ninety-seven years after an American was hanged in London in one of the most
notorious and famous murder cases in British history, forensic science at
Michigan State University is producing evidence that his execution was a
mistake," PhysOrg, October 16, 2007 ---
http://physorg.com/news111759429.html
The fighting in Pakistan this week has been more in
tense than any current op erations across the border in Afghanistan. President
Musharraf is paying, with interest, for trying to cut a deal with Islamist
fanatics. The combat operations in North Waziristan involve thousands of ground
troops, artillery barrages and attack aircraft. This isn't internal policing.
It's war.
Ralph Peters, "Coddling Killers:
Pakistan's Appeasement Fails," New York Post, October 11, 2007 ---
http://www.nypost.com/seven/10112007/postopinion/opedcolumnists/coddling_killers.htm?page=0
Syrian President Bashar al-Assad, in a BBC
interview, played down the Israeli (possible nuclear site)
raid, saying that Israeli jets took aim at empty military buildings, but he did
not give a specific location. His statement differed from the initial Syrian
claim that it had repulsed the air raid before an attack occurred.
Hugh Naylor, "Syria Tells
Journalists Israeli Raid Did Not Occur," The New York Times, October 11,
2007 ---
http://www.nytimes.com/2007/10/11/world/middleeast/11syria.html?_r=1&oref=slogin
Israel’s air attack on Syria last month was directed
against a site that Israeli and American intelligence analysts judged was a
partly constructed nuclear reactor, apparently modeled on one North Korea has
used to create its stockpile of nuclear weapons fuel, according to American and
foreign officials with access to the intelligence reports. The description of
the target addresses one of the central mysteries surrounding the Sept. 6
attack, and suggests that Israel carried out the raid to demonstrate its
determination to snuff out even a nascent nuclear project in a neighboring
state. The Bush administration was divided at the time about the wisdom of
Israel’s strike, American officials said, and some senior policy makers still
regard the attack as premature. The attack on the reactor project has echoes of
an Israeli raid more than a quarter century ago, in 1981, when Israel destroyed
the Osirak nuclear reactor in Iraq shortly before it was to have begun
operating. That attack was officially condemned by the Reagan administration,
though Israelis consider it among their military’s finest moments. In the weeks
before the Iraq war, Bush administration officials said they believed that the
attack set back Iraq’s nuclear ambitions by many years. By contrast, the
facility that the Israelis struck in Syria appears to have been much further
from completion, the American and foreign officials said. They said it would
have been years before the Syrians could have used the reactor to produce the
spent nuclear fuel that could, through a series of additional steps, be
reprocessed into bomb-grade plutonium.
David E. Sanger and Mark Mazzetti,
"Analysts Find Israel Struck a Nuclear Project Inside Syria," The New York
Times, October 14, 2007 ---
http://www.nytimes.com/2007/10/14/washington/14weapons.html?_r=1&hp&oref=slogin
A bomb hidden in a cart of toys killed two children
and wounded 17 others in a playground in northern Iraq on Friday, the first day
of a national holiday to celebrate the end of the Muslim holy month of Ramadan.
Mussab Al-Khairalla, Yahoo News,
October 12, 2007 ---
http://news.yahoo.com/s/nm/20071012/ts_nm/iraq_dc
Canada's socialized health care system, hailed as a
model by Michael Moore in his documentary, "Sicko," is hurting, government
officials admit, citing not enough money for more equipment and staff to handle
high risk births. Sarah Plank, a spokeswoman for the British Columbia Ministry
of Health, said a spike in high risk and premature births coupled with the lack
of trained nurses prompted the surge in mothers heading across the border for
better care
Sara Bonasteel, "Canada's Expectant
Moms Heading to U.S. to Deliver," Fox News, October 10, 2007 ---
http://www.foxnews.com/story/0%2C2933%2C300939%2C00.html
Also see Canadian Centre for Policy Alternatives ---
http://www.policyalternatives.ca/
An art theft from the art gallery at Linfield College is particularly personal
and painful for the artist.
The Oregonian
reported that the work, “The Sexy Sex: All Nude Revue Rug One,” was a life size
nude self-portrait by Tamera Bremer, a Portland artist who is an adjunct at the
college. She told the paper that she felt “violated” by the theft. As to how she
got the idea to produce a nude of herself in the form of a rug, she said that
she got the idea that “a bearskin rug could really be a bare-skin rug.”
Inside Higher Ed, October 12, 2007 ---
http://www.insidehighered.com/news/2007/10/12/qt
China's Looming Crisis-Inflation Returns ---
http://www.carnegieendowment.org/files/pb54_keidel_china_looming_crisis_final.pdf
Shed not for her the bitter tear Nor give the heart to vain regret Tis but
the casket that lies here The gem that filled it sparkles yet.
Epitaph of Myra Maybelle Shirley "Belle" Starr
---
http://en.wikipedia.org/wiki/Belle_Starr
According to legend,the Bandit Queen Belle Starr had been a spy, a Confederate
General, the brains behind many outlaw gang, and the consort of nearly every
western badman including all of the Younger Brothers. In 1889, she was killed by
a shotgun blast while horseback riding. Although there were multiple suspects
including both of her children, the killer was never identified
Wansink's research on bottomless bowls of creamy
tomato soup (hidden tubes imperceptibly keep refilling them) won in the
nutrition category. He was on hand to receive his trophy, Oct. 4, at Harvard
University from six authentic Nobel laureates. The research, published as a
featured article in the journal Obesity Research in 2005 showed that people
eating from soup bowls that don't empty ate 73 percent more soup than those
eating from normal bowls, said Wansink. Yet, the slurpers at the self-filling
bowls did not rate themselves any fuller than the normal-bowl slurpers, said
Wansink, the John S. Dyson Professor of Marketing and of Applied Economics at
Cornell, and author of "Mindless Eating: Why We Eat More Than We Think."
PhysOrg, October 12, 2007 ---
http://physorg.com/news111406356.html
The Ig Nobel homepage is at
http://www.improb.com/
A new survey says working in an office may be hard on the waistlines of nearly
half of U.S. workers ---
http://physorg.com/news111396200.html
To finance its Schip largesse, the House would
eviscerate Medicare Advantage, an innovative 2003 program that allows seniors to
choose among various private health plans. It's growing rapidly and currently
serves some 8.3 million seniors, or about 18% of the eligible population.
According to the Centers of Medicare and Medicaid Services, most are the urban
poor, seniors in rural areas and minorities. No doubt they are attracted by the
additional benefits, increased access to specialized medicine, and coordinated
preventative services that Advantage offers over the traditional version.
"The Schip Revelation," The Wall Street Journal, August 9,
2007; Page A12 ---
http://online.wsj.com/article/SB118662306308792513.html?mod=googlenews_wsj
Google famously and charmingly admonishes itself,
"Don't Be Evil." Google also cultivates the image of the ultragreen company,
giving subsidies to employees to buy hybrid cards and spending millions to
install 1.6 megawatts of photovoltaic panels at its Mountain View, CA,
headquarters. So on the day that Al Gore and the Intergovernmental Panel on
Climate Change won the Nobel Peace Prize for promulgating accurate climate
science in the public interest, here's a riddle: why does Google lend its
technical muscle to science-bashing and fact-distorting websites that mislead
Gmail readers and other Google customers on global warming and climate change?
David Talbot, "Nobel Prizes, Climate
Keywords: Google helps organize the world's disinformation, too," MIT's
Technology Review, October 12, 2007 ---
http://www.technologyreview.com/blog/editors/21882/?nlid=601
David Talbot is the Senior Editor of MIT's Technology Review ---
http://www.entforum.caltech.edu/Past_Archive/bios1202.pdf
After President Bush vetoed Congress's major
expansion of the State Children's Health Insurance Program, Nancy Pelosi
declared: "President Bush used his cruel veto pen to say, 'I forbid 10 million
children from getting the health benefits they deserve.' " As far as political
self-parody goes, that one ought to enter the record books. It's wrong on the
facts, for one, which Speaker Pelosi knows. The Schip bill was not some
all-or-nothing proposition: A continuing resolution fully funds the program
through mid-November, so none of the 6.6 million recipients will lose coverage.
And even if Washington can't agree by then, there will be another stopgap,
because Schip might as well already be an entitlement. In truth, the Bush
Administration endorses a modest expansion. A majority of Congress backs a much
larger expansion. The controversy is over the role of government in health care.
"Schip Howlers When children become political props," The Wall Street Journal,
October 13, 2007 ---
http://www.opinionjournal.com/weekend/hottopic/?id=110010730
It is true that a house divided against itself is a
house that cannot stand. There is a division in the American house now and
believing this as I do, I have concluded that I should not permit the Presidency
to become involved in the partisan divisions that are now developing this
political year. Accordingly, I shall not seek, and I will not accept, the
nomination of my party for another term as President.
Lyndon Baines Johnson ---
http://en.wikipedia.org/wiki/Lyndon_Baines_Johnson
October 2007 Presidential Candidate Fund Raising Totals to Date ---
http://query.nictusa.com/pres/2007/Q3/
Honest Abe would never have a chance to become President of the United States in the 21st Century
David Bach's "Latte Principle" ---
Click Here
A Penny Saved Compounds to Much More Than a Dollar Earned
Jim Mahar provided the following two links:
"Penny's Add Up to Millions," Free Money Finance, October 15, 2007 ---
http://www.freemoneyfinance.com/2007/10/pennies-add-up-.html
Here's a post from
Yahoo Finance that details the author's
struggle with her husband to take his
lunch to work. But the essence of what
she says is really that
saving/watching your pennies is the key
to wealth. Her
thoughts:
I'm
convinced that for the average
person who wants to build wealth,
pennies count.
Pennies
have a funny way of snowballing into
dollars, and then hundreds, and then
thousands, especially if you use
them to buy the stocks of
well-managed companies. Consider the
story of a parking attendant who
earns $20,000 a year but has amassed
a $500,000 equity portfolio. Or the
one about a group of New Yorkers who
managed to save for a down payment
on a (very expensive, very tiny)
piece of the Big Apple. Or the clan
of seven dubbed "America's cheapest
family," who paid off their mortgage
in nine years on a salary of $35,000
a year.
I've seen article after article bashing
David Bach's "Latte Principle" -- the
idea that if you save on small spending
you can amass a large amount of wealth.
The main argument against it is that
people should be paying attention to
large expenditures -- that's where the
real difference is made. But Bach isn't
saying to ignore the expensive decisions
in life. He's just aware that for many
of us there are small amounts we spend
every day without really thinking about
how much they end up costing us. And
that if we just limit a few of them and
save that money, we can save a good
amount throughout the years.
Continued in article
"How to Save a Bundle of Money," Free Money Finance, October 15,
2007 ---
http://www.freemoneyfinance.com/2007/10/how-to-save-a-b.html
Yahoo Finance has
a list of
ten money drains along with the annual
costs of each of them.
I view this as a
list of where we all can save a bundle
of money. Here's their list as well as
the annual amounts spent on each of them
(in other words, what you could save if
you eliminated them):
1.
Coffee -- $360 per year.
2. Cigarettes -- $1,660 a year.
3. Alcohol -- $3,650 per year.
4. Bottled water from convenience
stores -- $365 per year.
5. Manicures -- $1,068 per year.
6. Car washes -- $348 per year.
7. Weekday lunches out -- $2,350 a
year.
8. Vending machines snacks -- $260
per year.
9. Interest charges on credit card
bills -- $4,868 in interest (over
time).
10. Unused memberships -- $480 per
year.
Now of course I wouldn't suggest that
someone cut out everything and eliminate
all of life's pleasures. After all, we
should use part of our money to enjoy
ourselves. But for those people out
there looking for a way to save a bit
extra, for those who simply "can't make
it on what I earn", and for those who
would simply like to pay down their
debt, this is a pretty good list to
consider cutting down on -- even if it's
for a short period of time. And you
don't have to eliminate each of the
items above, simply consider cutting
back on them. There's still tons of
savings available by cutting your car
washes, manicures, or alcohol
consumption in half.
And if these
aren't enough money saving ideas, check
out my
list of ways to save money from
2005-2006 as
well as
my 2007 list.
Jensen Comment
Of course eliminating all the above would not necessarily be wise. If there's
five feet of snow on the ground, I'm not about to wash my own car. Yet getting
the car washed in winter is more important than in summer if you live where they
salt and sand the roads. Spending $358 each winter car washes may well save
thousands if you can, thereby, double the life of your car.
New cars
lose 60% of value in the first four years. Most people waste more money on cars and interest charges for car
financing than any other single cash drain in their lives, including the cost of
housing. Cars are a necessity of life for most of us who have no convenient
public transportation alternatives. But frequent trading in of good cars for new
cars is a monumental mistake in finance. Leasing is also a synonym for
stupidity. Insiders call it "fleecing
a car." But I'm grateful for ignorant people who are constantly turning in
good owned or leased cars. Most of the cars I've owned over the years were
turned back leased cars. Great mechanics put my previously-owned or
previously-leased vehicles back in top shape, and I save a bundle relative to
their prior owners. If you must finance your next vehicle, please be a smart
shopper and be informed how dealers cheat ---
http://www.trinity.edu/rjensen/FraudDealers.htm
I lived in San Antonio for 24 years where over
500 cars per month are stolen. See the video ---
http://www.youtube.com/watch?v=TQPSXCqBqz4
My answer was to buy an old car (usually a station wagon) and make it look even
less desirable to the thousands of car thieves cruising about San Antonio by day
and by night. Little did thieves know that underneath the hood was a new power
train and other features that made my old heaps just like new. I always remember
a comedy show that featured a company in Los Angeles that would ghettoize a new or relatively-new car to make it look like a junk yard dog. My city cars were like that. My
wife and I were more safe since our cars were of little temptation to
carjackers. But my children generally crouched down in the seats or asked to be
let out a block away so their friends would not see them in my cars.
Next to car financing, the biggest mistake most people make is credit card
financing to a point where they seldom zero out what they owe on credit cards.
This is the "dirty secret" of that makes credit card companies suck billions
upon billions of dollars out of the economy ---
http://www.trinity.edu/rjensen/FraudReporting.htm#FICO
When we're about to go on long trips, I overpay monthly expenses ahead of time
so that if we're delayed in returning home we never have to worry about being
charged interest or late payment penalties. For example, I put huge credit
balances into our credit card accounts before going on a long adventure.
Do I buy into David Bach's "Latte Principle?"
Well yes and no. I do not believe in Spartan living so I can watch my savings
grow for the sake of watching my savings grow. I don't drink latte, but I also
opt for four-star or five-star hotels or lovely country inns when my wife and I
are on adventures. Expensive restaurants are generally wastes of money, but we go to them
when the mood is right and/or the friends we're with prefer a top restaurant.
Often you can eat just as well in the hotel's lounge as in the expensive
restaurant down the hall. There's a huge difference between what you splurge for on daily (like credit
card interest and latte) versus what you splurge for infrequently. When I used
to come home at night and have a couple of drinks daily, I drank cheap Boca
Chico rum in my cubalibras. Now that I don't drink daily, I splurge on fine wine
and expensive liquor once in a while.
In the final analysis, I would have to say that I live better in retirement
because I pretty much followed the "Latte Principle" before it was called "Latte
Principle." Most of my travels in life were
financed by others who made me sing (lecture) for my supper, but I enjoyed
the fellowship and strokes of these types of trips more than I did boring
leisure vacations. I spent as much as I could possibly afford on land and
houses, but these generally returned more than I paid for them. I spent as
little as possible on cars and preferred to buy finely-tailored suits in upscale second hand shops
(look for Second Looks in San Antonio and Austin).. I think most of the former owners
of my suits had passed on in life.
I never argue with my wife over money even when she tips almost as much as
the check itself. I never object when she hands out ten dollar bills to
receptionists, postal clerks, trash haulers, window washers, and bell
ringers outside the Wal-Mart stores. She's thrifty but likes a lot of new things
she generally buys on sale. She seldom shops in stores. But the UPS truck stops up here in the mountains
nearly every day. While my wife is wearing the "8" and "0" buttons off on phone in our den
(mostly she orders gifts), I'm on the computer ordering everything from books to
groceries to space heaters from
Amazon.com (a great, great place to shop). Our UPS driver's name is
Joe, and if I'm not at home he comes into the basement and assembles what he's
just delivered. Will your UPS driver do that?
I truly got my money's worth out of faculty clubs. I would've joined
expensive country clubs but I never had time for a round of golf even once a
week. Such is the price one pays for being a workaholic.
It's easier for a workaholic to live by the "Latte Principle." But most of us
workaholics are doing what we like best.
October 17, 2007 reply from Barbara Scofield
[scofield@GSM.UDALLAS.EDU]
When my husband was in training to be a police
chaplain, the trainer began talking about the issue of stolen cars by
pointing to my husband and saying, “What kind of car do you drive?” Rob, my
husband, responded, “A ’99 Saturn wagon.” The police trainer told him, “You
can leave the keys in your car.”
Barbara W. Scofield, PhD, CPA
In Olso yesterday, the 2007 Nobel
Peace Prize was not awarded to the Burmese monks whose defiance against, and
brutalization at the hands of, the country's military junta in recent weeks
captured the attention of the Free World.
The prize was also not awarded to
Morgan Tsvangirai, Arthur Mutambara and other Zimbabwe opposition leaders
who were arrested and in some cases beaten by police earlier this year while
protesting peacefully against dictator Robert Mugabe.
Or to Father Nguyen Van Ly, a
Catholic priest in Vietnam arrested this year and sentenced to eight years
in prison for helping the pro-democracy group Block 8406.
Or to Wajeha al-Huwaider and Fawzia
al-Uyyouni, co-founders of the League of Demanders of Women's Right to Drive
Cars in Saudi Arabia, who are waging a modest struggle with grand ambitions
to secure basic rights for women in that Muslim country.
Or to Colombian President Álvaro
Uribe, who has fought tirelessly to end the violence wrought by left-wing
terrorists and drug lords in his country.
Or to Garry Kasparov and the several
hundred Russians who were arrested in April, and are continually harassed,
for resisting President Vladimir Putin's slide toward authoritarian rule.
Or to the people of Iraq, who bravely
work to rebuild and reunite their country amid constant threats to
themselves and their families from terrorists who deliberately target
civilians.
Or to Presidents Viktor Yushchenko
and Mikheil Saakashvili who, despite the efforts of the Kremlin to undermine
their young states, stayed true to the spirit of the peaceful "color"
revolutions they led in Ukraine and Georgia and showed that democracy can
put down deep roots in Russia's backyard.
Or to Britain's Tony Blair, Ireland's
Bertie Ahern and the voters of Northern Ireland, who in March were able to
set aside decades of hatred to establish joint Catholic-Protestant rule in
Northern Ireland.
Or to thousands of Chinese bloggers
who run the risk of arrest by trying to bring uncensored information to
their countrymen.
Or to scholar and activist Saad Eddin
Ibrahim, jailed presidential candidate Ayman Nour and other democracy
campaigners in Egypt.
Or, posthumously, to lawmakers Walid
Eido, Pierre Gemayel, Antoine Ghanem, Rafik Hariri, George Hawi and Gibran
Tueni; journalist Samir Kassir; and other Lebanese citizens who've been
assassinated since 2005 for their efforts to free their country from Syrian
control.
Or to the Reverend Phillip Buck;
Pastor Chun Ki Won and his organization, Durihana; Tim Peters and his
Helping Hands Korea; and Liberty in North Korea, who help North Korean
refugees escape to safety in free nations.
These men and women put their own
lives and livelihoods at risk by working to rid the world of violence and
oppression. Let us hope they survive the coming year so that the Nobel Prize
Committee might consider them for the 2008 award.
Question
Do we want the Shotgun Game to be so dominant in academic research?
Just got another rejection from a journal. I'm not
all that surprised, because it was a pretty good (I think it was ranked #5 in
it's area) journal and it was a stretch to send this piece there. But you never
know - sometimes you catch a referee (and editor) in the right frame of mind. Oh
well, this just means we make a few changes and send it back out to another
journal. I used to panic about this stuff, but I now know that most papers (if
they're decently well done) eventually find a home somewhere. I felt pretty good
a couple of weeks back, since I had five pieces under review. But one of them
got accepted (darn!) another came back with a revise-and-resubmit, and this one
got rejected. So, I'm no longer "Mungo Compliant" - I fall short of the "three
papers under review" standard. So it's time to get the R&R's off my desk and back
in an editor's hands. I have five other projects in various stages (two of them
are actually somewhat completed working papers), but until they're submitted to
a journal somewhere, they're nothing but vaporware. So it's back to the academic
salt mines...
Unknown Professor who generates the Financial Rounds Blog, October 10, 2007 ---
http://financialrounds.blogspot.com/
Jensen Comment
In no way to I want to criticize what the Unknown Professor (I know who he is
and respect him a lot) is doing while playing the publish or perish game.
Actually he's a recently-tenured and very talented associate professor who's
seemingly still playing the "Shotgun Game" he learned to play, as an assistant
professor, while seeking tenure and promotion. Most academics still actively
seeking publication in research journals are playing the same game.
Think of each shotgun pellet as a research paper which in modern times is
generally a co-authored paper that gives rise to more pellets (i.e., more
papers) loaded into the shotgun shell. The "Shotgun Game" (my definition) is
analogous to standing at one end of a football field and firing a 12-gage into
the air while hoping that one or more of the tiny pellets will fall down on a
target beyond the opposite goal line. At first the target is a very small Tier 1
academic journal target. There may even be several of small targets of about the
same Tier 1 small size, especially when foreign journals are allowed to be
targets. The game may be replayed several times with substituted Tier 1 targets
until the player and/oror the referees grow weary of repeated plays at the Tier 1
level. Then the player moves up to Tier 2 journals that have targets twice the
size of Tier 1 journals and are, accordingly, easier (not necessarily easy) to
hit. Then there are Tier 3 journals, Tier 4 journals, and on and on. Ultimately
there are conference proceedings with targets that take up half a football field
and are easy to hit even when played by blind researchers. Each shell fired is
reloaded with pellets that missed the targets on earlier plays of the game.
My point
is that the Shotgun Game became the medium of tenure, promotion, and
performance evaluation processes over the past four decades. Really talented
faculty members who are capable of doing great research studies more
analogous to high-powered mortar projectiles that can only be fired
infrequently (not annually) are discouraged by their colleges’ annual
performance evaluation processes because the mortar-sized studies are long,
tedious, and prone to dead ends along the way. But when the mortar rounds
eventually hit a target they make a much more noticeable hole so to speak
and, thereby, do much more damage to conventional wisdom.
I realize that colleges and universities are aware of the limitations of
shotgun-pellet publications in research, but with annual performance reviews
becoming so dominant the Shot Gun Game has become "The
Game" in academic research ---
http://www.trinity.edu/rjensen/HigherEdControversies.htm
It's no longer a particularly fun or rewarding game, and being happily retired I
no longer take the shotgun out of storage. My mind is now focused on larger
projectiles rather than pellets.
How would I
change the Shotgun Game?
Professors waste too much time loading up small pellets and reloading after
trying to deal with reviewer demands that are generally more time consuming than
they're worth to the researcher or to the world. I would have the researchers
publish their small stuff (pellets) in blogs or personal Websites and let the
entire world become the "cloud" of potential reviewers. Promotion and tenure
committees, especially at the departmental level, would actually have to read
these working papers. Abstracts of working papers could be published in
Wikipedia or similar search sites where readers would be linked to the
working papers in full. Wikipedia provides "Discussion" tabs where readers could
act much like referees who make suggestions for improving or burying each line
of work. The researcher could rite rejoinders but is under no obligation to
revise the small stuff unless inspired to do so. The papers should be open
sharing and free, unlike
SSRN working papers that charge fees even to readers who are only mildly
curious about the research
This would free up the Tier 1 and possibly Tier 2 journals for formal peer
reviews of mortar shells. The Tier 3 and Tier 4 journals would happily float off
from the clouds into outer space, never to be seen again.
Controversies over "micro-level" research remain ---
http://www.trinity.edu/rjensen/HigherEdControversies.htm#MicroLevelResearch
Bob Jensen's threads on higher education controversies ---
http://www.trinity.edu/rjensen/HigherEdControversies.htm
October 13, 2007 reply from David Albrecht
[albrecht@PROFALBRECHT.COM]
In business education you bet we want the shotgun
game! It is codified into AACSB standards. Professors must be academically
qualified, which means only peer-reviewed papers. Locally, the pressure
becomes intense to remain AQ. At my school, ANYTHING peer-reviewed counts. I
wouldn't be surprised if it's the same at other schools. Profs that don't
play the game much anymore look through filing cabinets and old floppy disks
hoping to find something close enough finished to send out. Stuff that was
mercifully killed years ago by the author now gets pulled out and submitted.
I wouldn't be surprised if there aren't a few that start with the lowest
tiered journals because it might increase the chance of an acceptance.
What I find insultingly ludicrous is that getting
publications counts for so much while at the same time most published
accounting research carries little or no real world value. Perhaps I should
qualify that. Any non-education publication with my name attached carries
little world value. OK,they all carry no real world value.
And what about ethics? How many authors cave in to
what they perceive as unnecessary referee demands just so the paper gets
accepted? Isn't this some form of prostitution? And how many co-authors
is(are?) too many? Will you add my name to your paper just pulled out of the
filing cabinet and dusted off if I add your name to my paper reclaimed from
the trash heap?
Perhaps I shouldn't admit it, but I am one of 8
co-authors to a recently accepted paper. It's to a nice journal, and I'm
glad I did it. But in the old days, I wouldn't even have put it on my resume
for fear that too many would laugh at my joining with 7 others on a paper.
But now? Maybe it'll help me keep AQ.
Why is it that securing professional development in
education is not a factor in qualifying you to teach accounting classes?
David Albrecht
October 14, 2007 reply from Bob Jensen
Hi David,
I was on the faculty of a university where I encouraged a senior
colleague accounting professor to apply for a sabbatical leave. He'd not
taken a single leave of absence in over 30 years.
His proposal was to leave town and take several professional courses (not
all in accounting) in residence at the University of Texas. This would have
done him a lot a good aside from giving him a breather from teaching three
of the largest sections of students in the entire university.
A "professional leave" sabbatical, in my viewpoint, would've made him
much better able to serve our students with fresh material and renewed
enthusiasm.
In spite of my repeated appeals with the rest of our faculty who voted on
leave proposals, he was turned down because a professional scholarship
proposal was not a research proposal. If he'd proposed running a stupid
survey on whether hair color made a difference on passage of the CPA
examination in the first sitting among our alumni, he'd have gotten the only
sabbatical in his entire career.
This professor was a good teacher but he was not a researcher. He
could've conducted a stupid hair color survey, but he refused on principle.
Bob Jensen
Question
Can you succinctly distinguish
egalitarianism versus
individualism versus
communitarianism?
"The Culture War on Facts: Are you entitled to your own truth?" by
Ronald Bailey, Reason Magazine, October 9, 2007 ---
http://www.reason.com/news/show/122892.html
"There is a culture war in America, but it is about
facts, not values," declare the researchers at the
Yale Cultural Cognition Project in a
new study called "The Second National Risk and
Culture Study: Making Sense of-and Making Progress In-the American Culture
War of Fact" (full study not yet available online). Contrary to the late New
York Sen. Daniel Patrick Moynihan's
famous maxim, the study finds that most Americans
believe they're more than entitled to their own opinions; they believe that
they are entitled to their own facts. Obviously, this complicates public
policy debates.
The chief aim of the Yale Cultural Cognition Project is to show how cultural
values shape the public's risk perceptions and related policy beliefs.
Project scholars define "cultural cognition" as "the tendency of individuals
to conform their beliefs about disputed matters of fact to values that
define their cultural identities." Their research found that cultural
identity values "exert substantially more influence over risk perceptions
than does any other individual characteristic, including gender, race,
socioeconomic status, education, political ideology and party affiliation."
This is intuitive to most of us. Ask nearly any American a couple of
questions about what they think of a list of policy issues: the death
penalty, abortion, gay rights, the minimum wage, school choice, nuclear
power, public health, gun control, climate change, the propriety of
Christmas crèches in town squares, and affirmative action. You will quickly
get a pretty good idea of what they think about all of the issues on the
list. But why do the ways people think about policy issues tend to cluster
together? The answer turns on how people feel about societal risks and the
policies aimed at reducing those risks. And how people feel about risk is
shaped by their core values.
The Project usefully classifies cultural values on
two cross-cutting axes: hierarchy-egalitarianism and individualism-communitarianism.
Hierarchs think that rights, duties, goods and offices should be
differentially distributed on the basis of clearly defined and stable social
characteristics (e.g., gender, wealth, ethnicity). Egalitarians believe that
rights, duties, goods and offices should be distributed equally without
regard to such characteristics. Individualists think that people should
secure the conditions of their own flourishing without collective
interference or assistance. Communitarians believe that societal interests
trump individual ones and that society should be responsible for securing
the conditions for individual flourishing.
. . .
So is the proper framing of public policy issues
really enough to bring an end to the culture war? I doubt it. After all,
just who is going to make polluters, green scaremongers, Republicans, gun
control nuts, neocons, fetus fetishists, Democrats, drug warriors,
neo-luddites, global warming catastrophists, climate change deniers and the
like stop distorting, I mean, framing the facts to fit their cultural
values?
Continued in article
Intellectuals, Free speech, and Capitalism
"Intellectuals, Free speech, and Capitalism-Becker," by Nobel Laureate
Gary Becker,
The Becker-Posner Blog, October 7, 2007 ---
http://www.becker-posner-blog.com/
Although there are numerous exceptions in
economics and political science departments, business and medical schools,
and elsewhere, the majority of faculty is considerably to the left of the
general population. They are at the forefront of the politically correct
movement. This is why Larry Summers ran into the problems that led to his
resignation as president of Harvard. However, college faculties are not the
only promoters of political correctness. Many print and TV journalists,
actors and movie directors, and others involved in more intellectual and
creative pursuits have the same views. Why is this so?
I wish I had the answer; I don’t, so I
will speculate about possible reasons. In his 1950 book, Capitalism,
Socialism, and Democracy, the great economist, Joseph Schumpeter, discussed
exactly this question when asking why intellectuals were so opposed to
capitalism during his time? His answer mainly was that businessmen do better
under capitalism, whereas intellectuals believe they would have a more
influential position under socialism and communism. In essence, Schumpeter's
explanation is based on intellectuals' feeling envious of the success of
others under capitalism combined with their desire to be more important.
I do believe that Schumpeter put his
finger on one of the important factors behind the skepticism of
intellectuals toward markets, and their continuing support of what
governments do. Neither the unsuccessful performance of the US government
first in Vietnam and now in Iraq, which they so strongly condemn, nor even
the colossal failures of socialism and communism during the past half
century, succeeded in weakening the faith of intellectuals in governmental
solutions to problems rather than private market solutions. Since their
basic hostility to capitalism is largely unabated, but they are embarrassed
to openly advocate socialism and very large governments, given the history
of the 20th century, intellectuals have shifted their attacks to criticisms
of the way they believe private enterprise systems treat women and
minorities, the environment, and various other issues. They also promote
political correctness in what one can say about causes of differences in
performance among different groups, health care systems, and other issues.
I believe considerations in addition to
simple jealousy and envy are behind the opposition of intellectuals to
capitalism. A belief in free markets requires confidence in the view that
both sides to a trade generally gain from it, that a person's or a company's
gain is not usually at the expense of those they trade with, even when
everyone is motivated solely by their own selfish interests. This is highly
counter-intuitive, which is why great intellectuals like the 16th century
French essayist, Marquis de Montaigne, even had a short essay with the
revealing title "That the Profit of One Man is the Damage of Another ". It
is much easier to believe that governments are more likely than private
individuals and enterprises to further the general interest.
Of course, the evidence that has been
accumulated since Schumpeter's book gives good marks to free market systems
in promoting the interests of the poor and middle classes, including
minorities. And examples abound of corrupt and incompetent government
officials who either mess things up for everyone, or promote these
officials' interests. This evidence has impressed the man and woman in the
street, but intellectuals are more removed from the real world, and tend to
rely on and trust ideas and intellectual arguments.
This would be my primary explanation for
the questions raised by Posner about why faculty (and I add other
intellectuals too) have become further to the left of their students and the
general population. In effect, intellectuals have changed their views far
less than other groups in response to the evidence. While intellectual
opinions have stood rather still, the general population has moved their
thinking against government solutions and toward solutions that use markets
and other private transactions and relations.
"Intellectuals, Free speech, and Capitalism-Posner," by
Richard
Posner, The Becker-Posner Blog, October 7, 2007 ---
http://www.becker-posner-blog.com/
Probably another reason for the left's
influence in higher education is that Americans who came of age during the
late 1960s, a portion of whom were radicalized then, are today in senior
positions in many faculties. (A man or woman who was 18 in 1968 is 57
today.) A third reason may be the dearth of other outlets, besides faculty
politics, for political activism today. There is no serious left-wing
movement in the United States. There is a strident Republican right
influential in the Republican Party, but the strident Democratic left exerts
little influence on the Democratic Party. You can post an angry comment on
MoveOn.org, but that cannot be a very satisfactory mode of political
expression compared to frightening the University of California's Board of
Regents into embarrassing itself by disinviting a Democrat of Larry Summer’s
stature and distinction, or épater-ing the bourgeoisie by inviting
Ahmadinejad to thunder against Bush and the West from a perch on Morningside
Heights.
An ironic counterpoint to university
leftism is the increasing, and increasingly successful, imitation of
business firms by America's colleges and universities. The leading
universities are becoming giant corporations with multi-hundred-million
dollar (or even billion dollar) budgets. As they grow, they need and so they
hire professional management. Professional university management, in turn,
takes its cues from its peers in the business sector. So we have
universities deeply involved in hedge funds, greedy for supracompetitive
investment returns, engaged in the commercialization of scientific research,
angling for applications for admission by the children of the rich,
manipulating their statistics in order to move up in U.S. News & World
Report’s college rankings (for example by fuzzing up their admissions
criteria, so that they get more applicants and therefore turn down more and
so appear more selective), exaggerating the job prospects of their
advanced-degree graduates, bidding for academic stars by offering high
salaries and low teaching loads, and, related to the bidding wars, creating
a two-tier employment system with tenured and tenure-track faculty on top
and tenure-less, benefit-less graduate students and temporaries on the
bottom to do the bulk of the teaching. And so the modern American university
system allows its faculty and administrators to live right, while thinking
left.
The 88 Duke University faculty members who took
out a hysterical ad, supporting those local loudmouths who were denouncing
and threatening the Duke students, have apparently had nothing at all to say
now. Not only did many Duke University professors join the lynch mob
atmosphere, so did the Duke University administration, which got rid of the
lacrosse coach and cancelled the team's season, without a speck of evidence
that anybody was guilty of anything.
Thomas Sowell, "The Duke Case's Unfinished Business," RealClearPolitics,
June 19, 2007 ---
Click Here
Here’s why: My students should not be able to tell,
at least from what I say in class, who I prefer to sit in the oval office. For
one thing, this would be a form of “bait and switch,” since nothing about the
sharing of my political opinions appears in the catalogue that the students
presumably consult before paying their money and scheduling my course. More to
the point, however, is that I am not qualified to teach students about who
should be elected. In fact, I am no more qualified to tell people who they
should vote for than I am to teach a class in quantum mechanics. I have
colleagues over in the physics department who are qualified to offer a course in
the latter subject; none of us has the same credibility when it comes to the
former. Indeed, in an important way, this blanket incompetence is a part of the
class lesson — particularly, though not exclusively, in a class on American
government. It is an implicit argument for democracy, or at least democratic
equality. It is also, however, an argument about education.
Paul A. Sracic, "Teach Only What You Know," Inside Higher Ed,
October 11, 2007 ---
http://www.insidehighered.com/views/2007/10/11/sracic
Faculty
members identify as liberals and vote Democratic in far greater
proportions than found in the American public at large. That
finding by itself won’t shock many, but the national study
released Saturday at a Harvard University symposium may be
notable both for its methodology and other, more surprising
findings. The 72-page study —
“The Social and Political Views of American Professors”
— was produced with the goal of moving
analysis of the political views of faculty members out of the
culture wars and back to social science. The study offers at
times harsh criticism of many of the analyses of these issues in
recent years (both from those hoping to tag the professoriate as
foolishly radical and those seeking to rebut those charges). The
study included community college professors along with four-year
institutions, and featured analysis of non-responders to the
survey (two features missing from many recent reports). The
results of the study find a professoriate that may be less
liberal than is widely assumed, even if conservatives are
correctly assumed to be in a distinct minority. The authors
present evidence that there are more faculty members who
identify as moderates than as liberals. The authors of the study
also found evidence of a
significant decline by age group in faculty radicalism,
with younger faculty members less likely than their older
counterparts to identify as radical or activist. And while the
study found that faculty members generally hold what are thought
to be liberal positions on social issues, professors are divided
on affirmative action in college admissions.
Beware of Security Patch Email Messages Purportedly from Microsoft
"Virus Alert: Beware fake Microsoft patch e-mails," AccountingWeb,
October 12, 2007 ---
http://www.accountingweb.com/cgi-bin/item.cgi?id=104068
Microsoft Security alerts
are such a part of computing life that virus writers have now created spoof
security alert e-mails to trick users into activating a trojan horse
program.
Symantec's
security
response blog
recently reported on the appearance of fake Microsoft
Security Bulletins that either carried the Trojan.Dropper virus as an
attachment, or included infected links in the e-mail.
The blog posting includes an
example message purporting to be MS06-602, a cumulative security update for
Internet Explorer. It's a plausible sounding message an an extremely clever
piece of what security experts call "social engineering" to trick people
into activating the malicious code - but no such bulletin exists.
"We urge users to refrain from
opening files or clicking links in e-mails from unknown sources," writes
blog contributor Vikram Thakur.
"We recommend all users to always
keep their computers up-to-date on latest patch levels for all software
installed. In doing so, it's important that users always download these
patches from the original software vendor sites, by visiting the sites
themselves rather than following links in e-mails or other third-party Web
pages."
Bob Jensen's threads on computing and network security are at
http://www.trinity.edu/rjensen/ecommerce/000start.htm
When liberals and feminists debate pornography ---
http://www.secularhumanism.org/library/fi/mcelroy_17_4.html
(Note that I am Robert E. Jensen retired from Trinity University. I'm not
Robert W. Jensen, Associate Professor of Journalism, from the University
of Texas.)
"How Higher Ed Can Fix K-12?," by Thurston Domina, Inside Higher Ed,
October 12, 2007 ---
http://www.insidehighered.com/views/2007/10/12/domina
Texas’s recent
educational policy-making history helps to explain how.
Texas became a national leader in school reform in the 1980s
and early 1990s, adopting standardized testing and school
accountability policies that provided a model for the No
Child Left Behind Act. But all that changed in 1996 when the
U.S. Court of Appeals for the Fifth Circuit banned
affirmative action at Texas colleges and universities. The
Hopwood decision was discouraging news for minority
high school students in Texas, and in the year after the
decision, the state’s public high schools slipped on several
important indicators of school quality, from student
attendance to advanced course taking and college enrollment.
Hopwood also threw the state’s educational
policy-makers for a loop. In the years that followed the
decision, the state put its high school reform program on
autopilot as it scrambled to maintain racial and ethnic
diversity at its flagship public universities in the
post-affirmative action era.
Between
the discouraged students and the distracted policy-makers,
it sounds like a recipe for educational disaster. But as I
demonstrate in
a paper published in the journal
Educational Evaluation and Policy Analysis, Texas
high schools posted record numbers just two years after
Hopwood. And in the years that followed, those numbers kept
climbing.
What
happened? The short answer is that Texas’s higher education
establishment got involved in the state’s high schools.
Worried that black and Hispanic enrollment at the University
of Texas at Austin and Texas A&M would plummet in the wake
of the affirmative action ban, the state created a series of
policies designed to clearly articulate higher education
standards and broadcast them widely to students across the
state.
The best
known of these policies was H.B. 588, the Texas top 10
percent law. Passed by the Legislature in 1997, the law
guaranteed admission to any in-state public college or
university to any student who graduated in the top 10
percent of his or her Texas high school class. The law was
conceived as a racially neutral alternative to affirmative
action, designed to use high school racial segregation to
build diversity at UT and A&M. But the law had an unexpected
effect on the state’s high schools as well. Previously, the
criteria for UT and A&M admissions were so complex that
high-performing students at high schools where there was
little formal or informal college counseling frequently
didn’t even bother applying. The top 10 percent law changed
that, replacing a confusing admissions system with a simple
one, and boosting college application rates from
high-poverty and high-minority schools that had frequently
sent few applicants. And that’s not all: Under the new
admissions regime, advanced course enrollment and student
attendance rates also improved at disadvantaged high
schools. By clearing the path to college, the top 10 percent
law created an academic press in high schools where
alienation and demotivation once ruled.
Continued in article
Thurston Domina does a good job highlighting the positives but a poor job
highlighting the negatives. For example, no mention is made about how students
are gaming the Texas Ten Percent Rule" by avoiding the hard courses, hard
instructors, and even not taking college admission tests (they can get into the
finest public universities in Texas without taking admission tests) ---
http://www.trinity.edu/rjensen/HigherEdControversies.htm#10PercentLaw
A few good things can be said for the learning incentives of having to study for
SAT/ACT tests and for taking the more difficult humanities, math, and science
courses in high school. Many bad things can be said for having incentives to
avoid such important things just to raise grade averages to meet the ten percent
threshold.
New technology can detect whether a passenger in your car is a dummy
Solo commuters frustrated by snarled traffic have taken
extreme measures to sneak into high-occupancy carpool lanes: costumed mannequins
in passenger seats, dolls swaddled like babies--even dogs in bonnets. But a
company called Vehicle Occupancy, based at Loughborough University, in
Leicestershire, England, says that it has developed an infrared camera-mounted
scanning system that foils 95 percent of such trickery.
"Foiling Carpool-Lane Cheaters," MIT's Technology Review,
October 11, 2007 ---
http://www.technologyreview.com/Infotech/19523/?nlid=595
Jensen Comment
It would save a lot of time and trouble if new admissions to college had to pass
through the same scanning system.
This can become a life/death game up here in deep snow country
"'Snowdrift' game tops 'Prisoner's Dilemma' in explaining cooperation,"
PhysOrg, October 9, 2007 ---
http://physorg.com/news111145481.html
When it comes to explaining the evolution of human
cooperation, researchers have traditionally looked to the iterated
Prisoner’s Dilemma (IPD) game as the paradigm. However, the observed degree
of cooperation among humans is generally higher than predicted by
mathematical models using the IPD, leaving unanswered the question of why
humans cooperate to the extent they do.
A group of researchers from the University of
Lausanne in Switzerland and the University of Edinburgh in the UK suggests
that a different game, called the “iterated Snowdrift game” (ISD), may more
realistically reflect social situations that humans face, compared with the
IPD. In experimental tests, the proportion of cooperative acts in the ISD
game (48%) was significantly higher than those in the IPD (29%).
The cause for this difference is due to the higher
risks of being exploited in the IPD compared with the ISD, where the risk of
being exploited by someone who doesn’t cooperate when you do is lower.
“In principle, natural selection predicts
individuals to behave selfishly,” Rolf Kümmerli, co-author of the study,
told PhysOrg.com. “However, we observe cooperation in humans and other
organisms, where cooperation is costly for the actor but benefits another
individual. The question is why does natural selection favor such
cooperation? One solution to this problem is given by the ‘Snowdrift’ game
(but not by the PD), where individuals gain direct benefits from their
cooperative acts.”
The situation of the Snowdrift game involves two
drivers who are trapped on opposite sides of a snowdrift. Each has the
option of staying in the car or shoveling snow to clear a path. Letting the
opponent do all the work is the best option (with a pay-off of 300 used in
this study), but being exploited by shoveling while the opponent sits in the
car still results in a pay-off of 100. (The other two possibilities, both
shoveling and both sitting, have pay-offs of 200 and 0, respectively.)
Compare this with the Prisoner’s Dilemma. For a
quick synopsis, two prisoners being questioned each have the choice to
either defend the other’s innocence or betray the other’s guilt. As in the
Snowdrift game, the best option is to betray your opponent while he defends
you (pay-off of 400), and next for both of you to defend each other (pay-off
of 300). Also, as in the Snowdrift game, both of you betraying results in a
pay-off of 0.
However, the significant difference is in the
greater risk in the Prisoner’s Dilemma when you cooperate while your
opponent defects: while shoveling snow always helps you out, even when the
opponent sits (100 pay-off), defending an opponent who betrays you results
in the worst outcome for you—a pay-off of -100. In the study, participants
cooperated more in the ISD because they could always obtain individual
benefits by cooperating, while the costs of cooperating were shared between
cooperators.
The researchers noticed other interesting trends in
the study, which involved 96 participants (38 female and 58 male) divided
into 16 groups and arranged in 48 pairs, not knowing their partner’s
identity or gender. Each pair repeated (“iterated”) both games 12 times,
though were initially told the number of repetitions was randomly
determined. The researchers created global competition by revealing that the
players with the four highest pay-offs would receive monetary awards.
Players who employed “Tit-for-Tat” and “Pavlovian”
strategies—known to increase pay-offs in the IPD—had better pay-offs in both
games than players who did not use these strategies. Further, the
researchers found that female participants were twice as likely to use one
of these strategies as male participants in the ISD (but not the IPD),
resulting in both greater cooperation in female-female pairs compared with
male-male pairs, as well as greater pay-offs for individual females.
Interestingly, these results contrast with the theory of social sciences,
suggesting that there is no simple rule on how males and females behave in
different social dilemmas.
“The most significant result is that humans adapt
the degree of cooperation according to the social context (ISD or IPD) and
the behavior and gender of their partner,” Kümmerli said.
Besides offering a potential explanation for the
high levels of cooperation among humans, the ISD may also have more
real-life associations than the IPD. For example, as the researchers point
out, two scientists collaborating on a report would benefit if the other
worked harder. But when your collaborator doesn’t do any work, it’s probably
better for you to do all the work yourself. You’ll still end up with a
completed project, rather than life in prison.
“Many natural situations of cooperation are much
more similar to the SD than to the PD,” Kümmerli said. “For that reason, I
think that the SD can provide more indications why cooperation is favored by
natural selection than the PD. However, the PD is still a useful tool for
mathematical models and to demonstrate differences in cooperation between
two groups and in treatment of the gender differences in our study.”
Citation: Kümmerli, Rolf, Colliard, Caroline,
Fiechter, Nicolas, Petitpierre, Blaise, Russier, Flavien, and Keller,
Laurent. “Human cooperation in social dilemmas: comparing the Snowdrift game
with the Prisoner’s Dilemma.” Proc. R. Soc. B, doi:10.1098/rspb.2007.0793.
Coexistence of cooperators and defectors is common
in nature, yet the evolutionary origin of such social diversification is
unclear. Many models have been studied on the basis of the assumption that
benefits of cooperative acts only accrue to others. Here, we analyze the
continuous snowdrift game, in which cooperative investments are costly but yield
benefits to others as well as to the cooperator. Adaptive dynamics of investment
levels often result in evolutionary diversification from initially uniform
populations to a stable state in which cooperators making large investments
coexist with defectors who invest very little. Thus, when individuals benefit
from their own actions, large asymmetries in cooperative investments can evolve.
Michael Doebeli, Christoph Hauert,Timothy Killingback, "The Evolutionary Origin
of Cooperators and Defectors," Science, October 2004 ---
http://www.sciencemag.org/cgi/content/abstract/306/5697/859
Jensen Comment
There is a rather good module about game theory at
http://en.wikipedia.org/wiki/Game_Theory
Prisoner's Dilemma ---
http://en.wikipedia.org/wiki/Prisoner%27s_dilemma
Chicken Game ---
http://en.wikipedia.org/wiki/Game_of_chicken
Nash Equilibrium ---
http://en.wikipedia.org/wiki/Nash_Equilibrium
Anecdotally Let Me Tell You a Snow Drift Tale About My Father (Vernon
E. Jensen)
After leaving the family farm following World War II, my father commenced
driving gasoline transports in his cousin Martin's business that owned
a chain of D-X Stations and Bulk Plants in small towns in northern Iowa and
Southern Minnesota (but mostly in Iowa). Eventually he bought into this "jobbering"
corporation and became the territory manager of the entire operation.
Once he got caught in a whiteout on Highway 169 between Humboldt and
Algona. Although he was only about 16 miles from home, the wind-whipped
drifts of snow made it impossible for the car to move in any direction. He
was then faced with a dilemma of staying in the car (where he might freeze
in the night) or walk for help. He commenced walking and soon discovered
that the winds made this storm a complete "whiteout" known well to people
living in the parts of the nation that have high winds and deep snow. ---
http://en.wikipedia.org/wiki/Whiteout_%28weather%29
He could not even find his tracks leading back to his car.
It is somewhat common for people to die in whiteouts. For example, a
woman facing a similar situation between Whittimore and Algona was found
dead in a corn field two days after she abandoned her car.
My father soon realized he'd made a terrible mistake. He discovered
that he was in a field and could no longer even find the road. Suddenly, out
of nowhere, a dog appeared. The dog commenced to pull on my father's
trousers but not in the context of anger or play. The dog was trying to lead
my dad in a particular direction. Having no better option my father followed
the dog. The dog moved ahead a few feet at a time, always staying visible to
my father in the whiteout.
At last the shadowy outline of a barn roof appeared. The dog led my
father to a farm. My father was somewhat acquainted with the folks that
lived on this farm. Dad phoned my mother and reported where he was forced to
spend the night. In fact he had to stay two nights with his good hosts.
The farm dog, by the way, was an Airedale ---
http://en.wikipedia.org/wiki/Airedale_terrier
Bob Jensen
October 10, 2007 reply from Richard C. Sansing
[Richard.C.Sansing@TUCK.DARTMOUTH.EDU]
How strange! Rasmusen's "Games and Information"
calls this the "Chicken" game, and points out there is a mixed strategy
equilbrium to it. Using the payoffs mentioned below, symmetric Nash players
would randomize between sit and shovel, choosing each 1/2 of the time, and
so they would appear to cooperate 25% of the time. Therefore, the extent of
cooperation that exceeds the Nash benchmark seems to be the same in both the
Prisoner's Dilemma and the Snowdrift games.
But with repeated uncertain interactions, the Nash
predictions are not unambiguous even in the PD.
October 10, 2007 reply from Bob Jensen
Chicken is similar to the prisoner's dilemma
game in that an "agreeable" mutual solution is unstable since both players
are individually tempted to stray from it. However, it differs in the cost
of responding to such a deviation. This means that, even in an iterated
version of the game, retaliation is ineffective, and a mixed strategy may be
more appropriate.
http://en.wikipedia.org/wiki/Game_of_chicken
How can poor people of the world learn how to get financing?
International Finance Group ---
http://www.ifc.org/
Bob Jensen's small business helpers are at
http://www.trinity.edu/rjensen/Bookbob1.htm#SmallBusiness
Whatcom Online Math Center ---
http://math.whatcom.ctc.edu/content/Links.phtml?cat=3
Historical Activities for the Calculus Classroom ---
http://mathdl.maa.org/convergence/1/?pa=content&sa=viewDocument&nodeId=1581
Mathematics for Economics: Enhancing Teaching and Learning (includes video
tutorials) ---
http://www.metalproject.co.uk/
From Princeton
University Channel (video and audio) ---
http://uc.princeton.edu/main/
Bob Jensen's links to free math tutorials are at
http://www.trinity.edu/rjensen/Bookbob2.htm#050421Mathematics
Little Shop of Physics: Online Experiments ---
http://littleshop.physics.colostate.edu/onlineexperiments.htm
Teaching About Evolution and the Nature of Science ---
http://www.nap.edu/readingroom/books/evolution98/contents.html
Pfleger Institute of Environmental Research ---
http://www.pier.org/index.shtml
Butterflies and Moths of North America
---
http://www.butterfliesandmoths.org/
Agricultural Communications Documentation Center at UIUC ---
http://web.library.uiuc.edu/asp/agx/acdc/index.html
Pre-assessment: Gauging students preparedness for sedimentary geology
---
http://serc.carleton.edu/NAGTWorkshops/sedimentary/activities/13842.html
Medline Plus: Herbal Medicine ---
http://www.nlm.nih.gov/medlineplus/herbalmedicine.html#cat57
U.S. Food and Drug Administration: Center for Drug Evaluation and Research
---
http://www.fda.gov/cder/index.html
Bob Jensen's links to free engineering, science, and medicine tutorials are
at
http://www.trinity.edu/rjensen/Bookbob2.htm#Science
From MIT
Introduction to Technical Communication: Perspectives on Medicine and Public
Health (Open Courseware) ---
http://ocw.mit.edu/OcwWeb/Writing-and-Humanistic-Studies/21W-732-1Spring-2007/CourseHome/index.htm
Bob Jensen's threads about open courseware are at
http://www.trinity.edu/rjensen/000aaa/updateee.htm#OKI
Perspectives on U.S. Competitiveness in Science and Technology ---
http://www.rand.org/pubs/conf_proceedings/2007/RAND_CF235.pdf
American Council on Science and Health ---
http://www.acsh.org/
American Nuclear Society ---
http://www.ans.org/
Freelance Writing Resources ---
http://www.fwointl.com/
Bob Jensen's helpers for writers are at
http://www.trinity.edu/rjensen/Bookbob3.htm#Dictionaries
Bracton Online (Medieval Law) ---
http://hlsl5.law.harvard.edu/bracton/
Bob Jensen's threads on law and law tutorials are at
http://www.trinity.edu/rjensen/Bookbob2.htm#Law
Preservation News (History) ---
http://iarchives.library.cornell.edu/collect/PRN/index.html
Two of Bob Jensen's history links are as follows:
Not-So-Great Movies Downloaded into Not-So-Great Vudu Box
This box, called Vudu, comes from a Silicon Valley
company of the same name (
www.vudu.com ).
Vudu's biggest strengths are its easy setup, good picture
quality and simple user interface, easily navigated using a scroll-wheel remote
control. If the director yelled "Cut!" right here, Vudu would be a box-office
smash. But actually using this device is just one problem after another. For
starters, though Vudu says it has relationships with the major Hollywood
studios, many of the 5,000 titles it offers don't seem to be popular by
mainstream standards. Lots of them are old or obscure. For instance, you won't
find any of the "Pirates of the Caribbean" movies, but how about a 1984
sci-fi/fantasy movie called "The Ice Pirates," instead? If you do find a movie
that you'd like to watch, you must have a bandwidth speed of at least two
megabits per second to download it instantly; millions of broadband homes have
slower connections than that. Vudu offers to measure your bandwidth on its home
page before you buy it. I tested Vudu for a week on a typical home-type DSL
line, and my connection only clocks about 1.5 Mbps, so it took me about 45
minutes to download each movie. While Vudu's $399 price tag might take some
getting used to, its fees for buying or renting each movie could be harder to
swallow after a month's worth of use: as much as $80 if you bought one top-tier
movie a week. Worse, you have to pay in advance. Rather than charging your
credit card on a pay-as-you-go basis, Vudu customers must choose a $20, $50 or
$100 amount at setup from which movie fees are deducted. When your account hits
$0, the amount selected at setup is charged and the debit process begins again.
Katherine Boehret, "Downloadable Movies in a Box:: Where's the
Magic? We Test Convenience Of Vudu System And Find Flaws," The Wall Street
Journal, October 10, 2007; Page D5 ---
http://online.wsj.com/article/SB119196901013253993.html
Jensen Comment
No thanks! I'll take my cheap but great NetFlix subscription any day ---
http://www.netflix.com/
Question
How can you get Instant Messaging (IM) for free without having to install any
software?
First read about Instant Messaging at
http://en.wikipedia.org/wiki/Instant_Messaging
"Don't Tell Your Boss, But There Is a Way To IM Despite Blocks," bu Sarmad
Ali, The Wall Street Journal, October 11, 2007; Page B1 ---
http://online.wsj.com/article/SB119205933351855322.html
Just use an Internet-based service so that you can
chat from a Web page without having to install any software, which might be
blocked by a firewall. I tested two such services: Meebo at
www.meebo.com and
KoolIM at
www.koolim.com . Both are free.
These services let you simultaneously log in to
multiple IM accounts -- and communicate with people with various services.
If you have a friend who uses Yahoo Messenger, for example, and another who
likes MSN Messenger, you can chat with either.
Another plus: Meebo and KoolIM are far less
vulnerable to viruses than downloadable applications. They're also more
efficient, saving users the hassle of installing multiple programs on a
computer. This is especially handy for people with old computers that slow
down when running several applications.
Meebo has a well-designed, sleek interface that
makes it appealing to even the least tech savvy. From its home page, you
simply sign in for different IM services—MSN Messenger, Yahoo Messenger,
GTalk (or Jabber) and AIM (or ICQ). Your buddy list will be combined
automatically. You don't have to register, but if you do, you get perks such
as a single sign-on for all of your accounts, and the ability to share
files, save chat logs and store conversations.
I tried Meebo on my work Windows PC and my iBook at
home, and it worked well on both. To start chatting, you just log in to any
of the IM services by entering the screen name and password you already have
with a service, or by picking a new name, password and services. Your buddy
list will appear in a window on the right side of the page, with each name
marked by an icon denoting the service the person uses. Once in your buddy
list, you can add or delete a contact, message or join a group chat.
Continued in article
Google Introduces Instant Messaging
Google Inc. is joining yet another Internet turf
battle, the one over instant communication. Google introduced today an
instant-messaging service that lets users exchange text messages and make voice
calls over personal computers. Google's move pits it against Internet giants
such as Time Warner Inc.'s America Online unit, Yahoo Inc. and Microsoft Corp.
that dominate the market.
Mylene Mangalindan and Christopher Rhoads, "Google Introduces Instant
Messaging," The Wall Street Journal, August 24, 2005; Page B3 ---
http://online.wsj.com/article/0,,SB112482337312020777,00.html?mod=todays_us_marketplace
See this IM
service at
http://www.google.com/talk/
Set up free conference calls at
http://www.freeconference.com/
Bob Jensen's threads on tools and tricks of the trade are at
http://www.trinity.edu/rjensen/000aaa/thetools.htm
October 14, 2007 reply from Steven Hornik
[shornik@BUS.UCF.EDU]
I just wanted to let the list know that I've been
using Meebo this semester for my undergrad financial accounting class and my
grad AIS course. You can see the meebo widget on both of my webpages (wikis)
that I use for the course at either:
http://financialaccounting.wikispaces.com or
http://acg5405.wikispaces.com and if I'm
online feel free to say hello to see how it works.
I have always included my Yahoo ID in my syllabus
so students could IM me with questions. In recent years I observed two
things: 1) I tended to forget to start my IM more and more - I just wasn't
using it that much, and 2) students weren't using it, as it required them to
get a Yahoo account, download the IM software, etc.
Since using Meebo, and in particular placing the
meebo widget on my web pages, student communication with me has increased at
least 10 fold (anectodal not empirical). I'm convinced of the reasons: 1)
Ease of Use - students just have to access the course web page, and the
widget lets them know if I'm online, and if so they can just type away. 2) I
don't forget to start it - since it's web-based I simply have the meebo
webpage as one of my tabs in firefox and whenever I start my browser (first
thing I do whenever I'm at my computer) meebo is there.
Meebo also has chat rooms (I haven't used these
yet), that allow you to import almost any kind of media (audio/video) and
you can invite your students to it to create a synchronous environment for
viewing course material and discussing it as a group.
Dr. Steven Hornik
University of Central Florida
College of Business Administration (407) 823-5739
When professors have the guts to call drivel, er ... ahh, drivel!
But when is the critique more drivel than the passage being reviewed?
But my advisor is also a tough reader, and I find that
after all these years of being a student I am still learning how to take
criticism. To wit: in my recent draft, written in bold, red ink is one word that
succinctly represents what he thinks of the passage — “drivel.” I quickly forgot
all of the good things he had said about my argument as I focused on this one
word, brutally penned in the margin. My incisive points, my elegantly
constructed sentences, all reduced to a one-word judgment.
Jason Pickavance, "On Drivel," Inside Higher Ed, October 8,
2007 ---
http://www.insidehighered.com/views/2007/10/05/pickavance
Jensen Comment
In the above article Jason respects his advisor for having the guts to write
"drivel" in the margin of a page in Jason's thesis draft. What's interesting is
how there's such a fine line between a reviewer that's respected by an author
and a reviewer that the author considers a complete jerk. Most of the time the
difference lies in the reviewer's ability to convince the author that the
passage really is drivel. So often, however, reviewers are either too casual
(assuming it should be obvious even to a moron why the passage is drivel) or
try to back it up with opposing drivel. The latter two instances are where the
reviewer becomes a jerk. Jerks seem to be part and parcel to the peer review
process along with the good reviewers.
Faulty Towers: Most Science Studies Appear
to Be Tainted By Sloppy Analysis and Superficial Peer Reviews
http://www.trinity.edu/rjensen/HigherEdControversies.htm#PeerReviewFlaws
Video: Rob Sutton on how to deal with jerks ("assholes") at work
Should you hire at least one in your department?
Rob Sutton, Professor of Management Science and Engineering at Stanford
University, talks about his "No Asshole Rule" and why he is trying to perfect
indifference ---
http://www.timesonline.co.uk/tol/life_and_style/career_and_jobs/article2393769.ece
In his literal last lecture at Carnegie-Mellon, Randy Pausch said something to
the effect that if there’s a jerk you really don’t like, be patient and wait
long enough and the jerk will most likely do something that you really like
(other than dropping dead). That's truly been my experience, although jerks
typically go back to being jerks.
October 7, 2007 reply from J. S. Gangolly
[gangolly@CSC.ALBANY.EDU]
Bob,
Of course, in the long run any jerk will do
something you like, but not because (s)he relishes your pleasant surprise,
but because whatever is the issue resulting in your surprise reflects
congruence of interests. My experience is that jerks are quite willing to
(and often do) play the prisoner's dilemma games with you.
I have had more than my share of jerks over my
career (to be frank, there seem to be more of them in the academia than in
the industry -- often, idle mind is a devil's workshop, or may be they often
think tenure confers the right to be a jerk). Usually, they are selfish, and
revel in the misery of their colleagues. Isn't it a surprise Mahatma Gandhi
said that humans are the only species that revel in the misery of
fellow-beings?
I must say, I also have been blessed with many
wonderful colleagues, and their company keeps me going in the academia.
There is something mystical about bonds created through research that endure
a long time; that is something I did not have in the corporate world.
Jagdish
Relativity Derived Without Calculus -- Possibly Centuries Ago
After Einstein developed his theories of special and
general relativity, in 1905 and 1916, respectively, the world of physics changed
dramatically. The theories, with their groundbreaking ideas on space and time,
helped lead 20th century scientists to unlock the secrets of the atom and
unleash the power of nuclear energy .Now Joel Gannett, a Senior Scientist in the
Applied Research Area of Telcordia Technologies in Red Bank, New Jersey, has
found that Einstein didn’t have to do the work the hard way. A researcher in
optical networking technologies, Gannett has shown that the Lorentz
transformations and velocity addition law can be derived without assuming the
constancy of the speed of light, without thought experiments, and without
calculus. In this case, Einsteinian relativity could have been discovered
several centuries before Einstein. “Einsteinian Relativity is difficult to wrap
your mind around,” Gannett told PhysOrg.com. “It does not help that Einstein's
seminal 1905 paper, and many discussions of the topic since, start off with the
wildly counterintuitive assumption that the speed of light is constant in all
inertial frames. “My work shows that the essential strangeness of Einsteinian
Relativity falls out of simple, intuitive assumptions using simple math. A
pre-calculus high school student could have derived Einsteinian Relativity.
Admittedly, some of the math in my paper might seem beyond the high school
level, but that was because I was proving continuity from a boundedness
assumption. One could bypass this math by simply assuming continuity, a logical
step that would probably feel comfortable to most any high schooler or 17th
century scientist.”
Lisa Zyga, PhysOrg, October 8, 2007 ---
http://physorg.com/news111075100.html
Lynn Brewer versus Sherron Watkins Whistleblowers at Enron
October 14, 2007 message from
dberesfo@uga.edu
Bob,
There was a terrific story in Friday's edition of
USA that unmasks a phony whistle blower at Enron who has established an
"ethics institute." Sorry I'm out of town and don't have the link but I'm
sure you can find it easily. Cynthia Cooper, who was a real hero in
uncovering the WorldCom fraud, is coming out with a book in early December
that is a grat read.
Denny
October 15. 2007 reply from Bob Jensen
Thanks
Denny.
Lynn Brewer
was never enough of a player to even mention in my threads on the Enron
scandal ---
http://www.trinity.edu/rjensen/FraudEnron.htm
I’m glad
Brewer and her book are being discredited ---
http://www.trinity.edu/rjensen/FraudEnronBrewer.htm
Fortunately she was not a fourth woman on the cover of Time Magazine in 2002
(see below)
Here's what USA Today did to Lynn Brewer:
Halloween Hangman (interactive video, hit the buttons) ---
http://www.dedge.com/flash/hangman/hangman.swf
I hope Lynn
Brewer is added to
Jude Werra's
"Liars Index" (See Below for “Executives Making It by Faking It”)
But then again Lynn Brewer even lied about being an executive at Enron
I’m
sure you know that Sherron Watkins was an executive VP whistleblower at
Enron who had more dirty words in her vocabulary than a rap star. The
failure of Arthur Andersen’s top brass to act on her disclosures about
Fastow’s SPE frauds became a huge embarrassment all the way to the top of
Andersen.
"Time Names Whistle-Blowers as Persons of
the Year 2002", Reuters, December 22, 2002 ---
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=1948721
Time Magazine named a trio of women
whistle-blowers as its Persons of the Year on Sunday, praising their roles
in unearthing malfeasance that eroded public confidence in their
institutions.
Two of the women, Sherron Watkins, a vice
president at Enron Corp., and Cynthia Cooper of WorldCom Inc., uncovered
massive accounting fraud at their respective companies, which both went
bankrupt.
The third, Coleen Rowley, is an agent for the
Federal Bureau of Investigation. In May, she wrote a scathing 13-page memo
to FBI Director Robert Muller detailing how supervisors at a Minneapolis,
Minnesota field office brushed aside her requests to investigate Zacarias
Moussaoui, the so-called "20th hijacker" in the Sept. 11th attacks, weeks
before the attacks occurred.
"It came down to did we want to recognize a
phenomenon that helped correct some of the problems we've had over the last
year and celebrate three ordinary people that did extraordinary things,"
said Time managing editor Jim Kelly.
Other people considered by the magazine, which
hits stores on Monday, included President Bush, al Qaeda leader Osama bin
Laden, Vice President Dick Cheney and New York attorney general Eliot
Spitzer.
Bush was seen by some as the front-runner,
especially after he led his party to a mid-term electoral upset in November
that cemented the party's majority in Congress.
However, Kelly said "some of (Bush's) own goals:
the capture of Osama bin Laden, the unseating of Saddam Hussein, the revival
of a sluggish economy, haven't happened yet. There was a sense of bigger
things to come, and it might be wise to see how things played out," he
added.
Watkins, 43, is a former accountant best known
for a blunt, prescient 7-page memo to Enron chairman Kenneth Lay in 2001
that uncovered questionable accounting and warned that the company could
"implode in a wave of accounting scandals."
Her letter came to light during a post-mortem
inquiry conducted by Congress after the company declared bankruptcy.
Cooper undertook a one-woman crusade inside
telecommunications behemoth WorldCom, when she discovered that the company
had disguised $3.8 billion in losses through improper accounting.
When the scandal came to light in June after the
company declared bankruptcy, jittery investors laid siege to global stock
markets.
FBI agent and lawyer Rowley's secret memo was
leaked to the press in May. Weeks before Sept. 11, Rowley suspected
Moussaoui might have ties to radical activities and bin Laden, and she asked
supervisors for clearance to search his computer.
Her letter sharply criticized the agency's
hidebound culture and its decision-makers, and gave rise to new inquiries
over the intelligence-gathering failures of Sept. 11.
Bob Jensen's threads on the Enron and Worldcom scandals are at
---
http://www.trinity.edu/rjensen/FraudEnron.htm
Bob Jensen's
threads on whistle blowing are at
http://www.trinity.edu/rjensen/FraudConclusion.htm#WhistleBlowing
"Executives: Making It by Faking It: Wisconsin headhunter Jude
Werra's "Liars Index" of faked résumé claims hit a five-year high in the first
half of 2007," Business Week, by Joseph Daniel McCool, Business Week,
October 4, 2007 ---
Click Here
. . . Jude Werra. The president of Brookfield
(Wis.)-based Jude M. Werra & Associates has spent the better part of 25
years documenting executive résumé fraud, credentials inflation, and the
misrepresentation of executive educational credentials. It's something that
has kept Werra pretty busy over the years, given the prevalence of such
management-level chicanery and the fact that so many ambitious and
transition-minded individuals have convinced themselves that it's their
credentials—real or otherwise—that matter most.
Stopping at Nothing to Get to the Top Werra's
semiannual barometer of executive résumé deception—his very own "Liars
Index"—hit a five-year high, based on his review of résumés he received
during the first half of 2007. He figures that about 16% of executive
résumés contain false academic claims and/or material omissions relating to
educational experience. That was up five percentage points from the levels
he witnessed between July and December of last year.
And when you account for the fudging of claims of
experience unrelated to academic degrees earned, it's easy to see why
executive headhunters generally acknowledge that as many as one-third of
management-level résumés contain errors, exaggerations, material omissions,
and/or blatant falsehoods.
Some people will stop at almost nothing to get to
where they want in their career. Still, Werra wonders why otherwise
experienced executives would inflate their credentials or otherwise mislead
with their résumé, in light of the potential career-ending consequences.
Checking References Isn't Enough Given the alarming
levels to which they do attempt to mislead, he constantly reminds hiring
organizations that it's critical that they verify what they read on résumés,
even at the executive level. What's even more alarming—and more prevalent
than people falsifying their backgrounds and qualifications—is the number of
hiring organizations who fail to conduct a rigorous background check on
their new management recruits. Far too many organizations figure that
checking a few references is enough.
And even the most thorough reference checks won't
uncover false claims that predate those references' own professional
interactions with the individual executive. It's quite possible that a
fabrication of one's education, certifications, and experience is what got
the executive his first management job many years ago, leaving the trail
cold unless it's reopened during the course of a diligent background check.
When it comes to executive-level hiring that's
going to cost the organization into the high six figures, at minimum, when
you factor in headhunting fees, the new executive's salary, and benefits, it
becomes a matter of caveat emptor.
Let the Hiring Company Beware And while it may be
tempting to believe that an executive recruiter will uncover any issues
during the courtship process, it's ultimately up to the hiring organization
to know exactly who it is that's being hired. Sure, misrepresentation will
cost the unscrupulous executive, but it can also wreak havoc on a company's
brand, workforce, and external relations teams.
Beyond the boundaries of checking claims made by an
individual on his or her résumé, the hiring organization can trust that
engaging the services of a professional background-screening consultant will
pay off. These consultants often come with significant experience in law
enforcement, and they can help uncover such things as criminal convictions,
unpaid child support, and other hidden issues that should influence the
hiring decision.
A thorough background check is an important
insurance policy for the recruiting process, and headhunters will tell you
that your organization risks getting burned if an executive it hires has, at
any time in his or her past, decided to assume the risks of playing with
fire.
Given the high cost of a bad executive hire,
today's organizations simply can't afford not to do their homework.
Sixteen "Greatest Moments" on the Web
October 9, 2007 message from David Albrecht
[albrecht@PROFALBRECHT.COM]
PCWorld's listing of the Web's greatest moments. It
will take you on a saunter down memory lane.
http://www.pcworld.com/article/id,137824/article.html?tk=nl_wbxcol
David Albrecht
To his credit, Professor Hornik (see video link below) at the University
of Central Florida has been experimenting with a Second Life 3-D Accounting
Model for accounting education. The PBS update called the "The Rise (and Hype)
of Second Life" may be of interest to those of you who are thinking
experimenting with Second Life
First read the definition of an “avatar” at ---
http://en.wikipedia.org/wiki/Avatar
Second read about Second Life at
http://en.wikipedia.org/wiki/Second_Life
Second Life 3-D Accounting Model
July 13, 2007 message from Steven Hornik
[shornik@BUS.UCF.EDU]
Since there has been some interest regarding
Second Life on this list from time to time, I wanted to share a demo of a
model I created in Second Life that I will be using with my class this
coming Fall. It's a 3-D interactive accounting model (A=L+E). If you are in
Second Life and want to play with it let me know. It's currently on my
Parcel in Sweetbay, but will be moving to Teaching 4, part of the New Media
Consortium's archipelago, where University of Central Florida's accounting
department has just leased a plot!
Link to blog post about the model:
http://www.mydebitcredit.com/2007/07/12/beginning-journey/
Link to YouTube video (no reading
required):
http://youtube.com/watch?v=4T4zTStVK6Y
My Second Life Avatar is Robins Hermano if you
wish to chat 'in-world'
_____________________________
Dr. Steven Hornik
University of Central Florida
College of Business Administration
(407) 823-5739
From Media Shift (PBS) , October 11, 2007 ---
http://www.pbs.org/mediashift/
The Rise (and Hype) of
Second Life
While
other worlds were withering, Linden Labs was developing a new
world called Second Life, first launched in 2003. It languished
for a few years until 2006, when Second Life
grabbed the attention of the media and marketers
who saw it as a new way of communicating
and selling online. BusinessWeek ran a cover story called
My Virtual Life, breathlessly
explaining that “big advertisers are taking notice.” And Wired
Magazine ran a special
travel guide
to Second Life, while Reuters assigned
a
full-time reporter, dubbed “Adam
Reuters,” to cover news in the world (now there are two).
In Second Life, you can create your own objects and
buildings in the world, and you own the intellectual
property of what you build Plus, “Linden dollars”
are a currency you can trade with real dollars;
real-world businesses sell customized stores, avatar
wear and just about any kind of “bling” you could
want in the virtual world. Universities offer
distance learning courses through Second Life, and
bands play live shows and chat with fans in special
in-world venues. Linden says it has registered
nearly 10 million avatars
for Second Life.
The
buzz around Second Life led many people to explore
virtual worlds for the first time, but many ended up
disappointed. Even though computer hardware and
bandwidth have improved since the ’90s virtual
worlds, Second Life still requires high-end systems
and a lot of practice to master the interface. The
number of registered Second Life avatars is
misleading: Many people simply try it out and give
up, while others have multiple avatars. A more
representative number for regular users is the
number who have logged in during the past seven
days, which was 338,068 as of October 7.
That lower number also
presents a problem for the crush of marketers such
as Coca-Cola and Adidas who have set up virtual
spaces in Second Life, only to have them largely
vacant. After Wired magazine hyped Second Life with
its travel guide, the magazine then did an
about-face and ran an article titled,
How Madison Avenue Is Wasting Millions on a Deserted
Second Life. Many
marketers spent the money — in the tens of thousands
of dollars — to build a virtual island as an
experiment but then got little payoff. Residents are
dispersed throughout the virtual world so it’s
difficult to get their attention en masse, plus
there’s a limit to the number of people who can
congregate in one place without crashing Linden’s
servers.
(For a detailed argument on
Wired’s story and the problem of empty spaces in
Second Life, check out this
blog post by Wired editor
Chris Anderson and the ensuing debate in the
comments.)
"Professor Avatar," by Christopher Conway, Inside Higher Ed, October
16, 2007 ---
http://www.insidehighered.com/views/2007/10/16/conway
Only the last portion of the article is quoted below:
In short, you cannot put yourself “on” the Internet
for others to see without creating an avatar. So, as we do more with
teaching technology, as we record and videotape ourselves, and make
interactive C.V.’s and homepages, we become more and more avatar-ish. We
make countless choices, conscious and otherwise, about what to reveal about
ourselves and how to stylize ourselves. The end result is our avatar who
speaks for us on the Web. We fundamentally change our relationship to our
students, who become viewers and consumers of our avatars, and who may
increasingly interact with us through avatars of their own, such as their
Facebook and MySpace pages. We speak to students through instant messaging
at 2:30 a.m. when we discover that we are both online on our course Web page
at the same time. We discuss course material and issues through soundbites
and dialogical fragments of text on class message boards. We e-mail more.
And we insinuate ourselves into each other’s personal lives through facebook
or myspace profiles, which also facilitate staying in touch with students
when they leave our classes. True, sometimes the interactions feel less real
or substantial in comparison to interacting in person, but other times I am
surprised at how some students open up more in an internet environment than
they do in person.
Academic avatars are also powerful teaching tools.
Not in the sense that it is inherently good to substitute an authentic,
teacherly self with a virtual one, but in the sense of allowing the live,
teaching self to have more qualitative, spontaneous and fruitful interaction
in the classroom. The Teaching Avatar, in his/her virtual environment, can
be utilized to channel traditional pedagogies so that a live teacher can
spend more time on dynamic activities like discussion and groupwork during
the class period. My thinking here is informed by my own experience but also
by a recent essay by José Bowen of Southern Methodist University titled
“Teaching Naked: Why Removing Technology from Your Classroom Will Improve
Student Learning.” In the essay, which has widely circulated on the Internet
among teachers, Bowen writes that “The most obvious way to open up class
time for those best ‘aha’ moments is to remove your recitation of content
(the lecture) from the class room.... Most of your lectures (all of the ones
covering ‘content’) can be turned into videos, but interactive discussion
cannot.” In other words, take technology out of the physical act of teaching
face-to-face and put it online. Become a Teaching Avatar so that you can be
more authentic and receptive as a live teacher.
Indeed going virtual to free up class time for
discussion has never been easier than it is now. I can record a lecture in
audio on my laptop or even make a video of myself through the computer’s
built-in webcam, export the media into easily accesible formats (such as.mpg
for audio or quicktime for video), and post it on my course blog where
students can acquire it. Programs such as Camtasia and Profcast, and free
web productivity tools like Slideshare and Zoho Show, allow professors to
marry their powerpoints with audio and preserve them for posting on
websites. Some professors, like Veselin Jungic of Canada’s Simon Fraser
University, have gone even further, producing original films for posting on
youtube to aid student learning. Jungic has created cartoons starring an
avatar called “Math Girl” for assisting students in first-year calculus.
In closing there is another way in which academic
avatars may prove to be indispensable to faculty members from now on. At no
other time in history have academics in specialized disciplines been able to
get their work read around the world with so much ease. Faculty who avoid
academic avatars and technology altogether are missing out. For example, the
work I did as an assistant professor in Latin American studies was picked up
from my research Web site by Civilization Magazine, a non-virtual
publication of the Smithsonian Institution, and by several Chilean
newspapers. The online version of the UK’s Guardian newspaper has linked my
scholarship twice, three M.A. students from Europe are using my work because
of my homepage and an editor at the Financial Times may or may not be
thinking about quoting me in a major piece he is currently writing (but I
know that he is reading me because he found me online and asked me for help
procuring my scholarship.) Academic avatars may be problematic for many
reasons, but they undoubtedly have great potential for making academic work
connect.
All faculty now live in the age of academic
avatars. As the professorate becomes younger, more Internet savvy and
avatar-ish, professors who don’t use avatars may become marginalized.
Students who shop for classes online may be drawn more to courses taught by
faculty with avatars. Scholarship made available through avatars may garner
some faculty more attention than others. Why turn down a chance to help your
class make when it may typically have trouble with enrollments? Why turn
down a chance to have your work read and disseminated? And why not take your
lecture out of the classroom and put it on YouTube so that you can do
something more creative in class? You don’t have to take pictures of
yourself holding a martini and peering at your students like a creep in a
bar, and post them on your faculty homepage right next to your publications,
but you wouldn’t be the first if you did. And when and if you regret that
sleazy avatar, you can discard it and start all over again, at the touch of
a button.
Christopher Conway is director of the Spanish Program in the
Department of Modern Languages at the University of Texas at Arlington. A
pathway to his avatars can be found here.
Recruiting directors might create some employee-accountant avatars to show a
more human side of their employees to overcome the traditional and often
distorted view of accountants as boring geeks.
The following link was forwarded by Ed Scribner.
"Accounting firms hit cyberspace with hip marketing," by Greg Barr,
Houston Business Journal, October 5, 2007 ---
http://houston.bizjournals.com/houston/stories/2007/10/08/story6.html
Meet Katie.
She never forgets a face. She has sung at Carnegie
Hall. She goes through a pack of gum half a stick at a time. And, by the
way, she works for Pannell Kerr Forster of Texas PC.
Katie Shearin, a recruiting coordinator in the
human capital department of accounting firm PKF Texas, is the new, fresh
face of the Houston-based company. One of several new faces, in fact, that
adorn the career section of the firm's Web site as part of a marketing
campaign using younger employees to help reel in college recruits.
Employees are profiled highlighting likes and
dislikes similar to what might appear on a dating Web site -- minus any
mention of astrology signs or more intimate details. Such a strategy is
meant to ensure that the words "boring" and "accountant" no longer pop up in
the same sentence.
The Financial Accounting Standards Board recently approached Bloomfield
about studying how to create financial accounting standards that will assist
investors as much as possible, he quickly turned to the virtual world for
answers.
"Theory Meets Practice Online: Researchers and academics are looking to
online worlds such as Second Life to shed new light on old economic questions,"
by Francesca Di Meglio, Business Week, July 24, 2007 ---
Click Here
In fact, many economics researchers, including
Bloomfield, professor of accounting at Cornell's Johnson Graduate School of
Management, are using the virtual environment to test ideas involving
staples of economics such as game theory, the effects of regulation, and
issues involving money. Since 1989, Bloomfield has been running experiments
in the lab in which he creates small game economies to study narrow issues.
But when the Financial Accounting Standards Board recently approached
Bloomfield about studying how to create financial accounting standards that
will assist investors as much as possible, he quickly turned to the virtual
world for answers.
"It would be very difficult to look at the complex
issues that FASB is trying to address with eight people in a laboratory
playing a very simple economic game," he says. "I started looking for how I
could create a more realistic economy with more players dealing with a high
degree of complexity. It didn't take me long to realize that people in
virtual worlds are already doing just that."
. . .
At
Indiana University, researcher Edward Castronova has posed
the idea of creating multiple virtual economies to study the
effects of different regulatory policies. At Indiana,
Castronova is director of the Synthethic Worlds Initiative,
a research center to study virtual worlds. "The opportunity
is to conduct controlled research experiments at the level
of all society, something social scientists have never been
able to do before," the center's Web site notes (see
BusinessWeek.com, 5/1/06,
"Virtual World, Virtual Economies").
A
virtual stock market is certainly not the only online entity
that opens itself up to research. Marketers are already
using the virtual world to test campaigns, packaging, and
consumer satisfaction. Pepsi (PEP)
famously tracks use of its products in
There.com. Architects seek reaction to design. Starwood
Hotels (HOT)
test-marketed its new loft designs in Second Life
(see BusinessWeek.com, 8/23/06,
"Starwood Hotels Explore Second Life First").
Continued in article
Bob Jensen's threads on tools and tricks of the trade in education
technology are at
http://www.trinity.edu/rjensen/000aaa/thetools.htm
Wal-Mart's Latest Sale:
Broadband The retail giant's ISP turn is likely to push down
prices and squeeze out competition.
Will other big-box stores follow suit?
Broadband sellers, beware. A new
provider is on the scene—and it's a known price cutter. Wal-Mart
Stores (WMT)
plans to announce Oct. 9 that it will resell high-speed Internet
access from Hughes Communications (HUGH),
the world's largest provider of broadband
services via satellite. Granted, the market for satellite
broadband is small, given the widespread availability of digital
subscriber line access from phone companies and cable modem
services from cable operators. Currently, satellite service
tends to be more expensive and it's available mainly in
hard-to-reach rural areas. Fewer than 500,000 Americans
subscribe to satellite broadband access, according to
consultancy
Parks Associates. "It's still mainly
for people who don't have a choice," says Michael Cai, an
analyst at Parks. Only about 10% of Americans have no access to
DSL or cable broadband.
Olga Kharif, Business Week, October 8, 2007 ---
Click Here
Bob Jensen's technology bookmarks are at
http://www.trinity.edu/rjensen/Bookbob4.htm
Bob Jensen's technology glossary is at
http://www.trinity.edu/rjensen/245gloss.htm
Jensen Comment
Satellite broadband is great downloading alternative in the boondocks where
cable and DSL connections are not available. But relative to cable and DSL
broadband alternatives, satellite
downloading
is slower and satellite
uploading
is via a snail's pace landline telephone ---
http://computer.howstuffworks.com/question606.htm
Ethics Centers in Universities Devote Scant Attention to Ethics Breaches
in Their Own Houses
It should not be surprising that our
universities generate interesting and urgent ethical challenges. After all,
higher education is a big business. Scholarship is a demanding discipline.
Teaching is a noble undertaking fraught with weighty responsibilities. And
liberal education plays a crucial role in the formation of free citizens.
What may surprise is that, at the
programs and centers devoted to the study of ethics and the professions that
have been established over the last two decades at our leading universities,
one profession whose ethical issues the professors generally ignore is their
own.
The return to campus this fall brings
sharp reminders of the confusion about their purpose that plagues our
campuses, and so underscores the need for serious study of university
ethics. In the recently published and already critically acclaimed book
"Until Proven Innocent," K.C. Johnson and Stuart Taylor Jr. show how the
Duke University faculty and administration collaborated with a reckless
press and a lawless prosecutor in the rush to convict in the court of public
opinion -- and, but for the superb work of their attorneys, in the criminal
courts of Durham, N.C. -- three white lacrosse players falsely accused of
raping an African-American stripper.
On Sept. 28, at the Kennedy Center
for the Performing Arts, "Indoctrinate U," Evan Coyne Maloney's riveting
documentary about the war on free speech and individual rights waged by
university faculty and administrations enjoyed its Washington premiere.
Also, in September, for crystal clear political reasons, following a faculty
petition circulated mostly by women from the University of California,
Davis, the UC Board of Regents withdrew a speaking invitation to former
Secretary of the Treasury and former Harvard President Lawrence Summers.
But don't expect the leading ethics
centers -- Harvard's Edmond J. Safra Foundation Center for Ethics,
Princeton's Program on Ethics and Public Affairs, or Yale's Program in
Ethics, Politics, and Economics -- to sponsor lectures, fund graduate
student and faculty fellowships, or publish writings that examine these and
numerous other ethical questions that stem from contemporary university
life. While lavishing attention on legal, political and medical ethics, and
to a lesser extent business ethics and journalism ethics -- worthy areas of
inquiry all -- our leading university ethicists have shown scant interest in
exploring university ethics.
Celebrating its 20th anniversary last
spring, the Harvard University Program on Ethics and the Professions is
among the nation's oldest and most distinguished. Yet of the more than 130
public lectures by eminent visitors sponsored over the last two decades by
the Harvard ethics program, only three deal with the university -- one
defending affirmative action, one defending the propriety of academics
engaging in public debate and one defending academic freedom. The program's
Web site lists more than 875 publications by over 120 ethics fellows and
senior scholars. Hundreds of the writings deal with law and politics and
ethics. Hundreds explore medicine and ethics. Dozens discuss business
ethics. But only about 10 of the 875 publications, and five of the 120
authors, address university ethics.
Take away a few defenses of
affirmative action and multiculturalism, and a few reflections on teaching
ethics at the university, and little is left. All in all, after 20 years of
generously funding research in practical or applied ethics, Harvard's
program has made no discernible contribution to illuminating the challenges
of university governance, and the variety of duties and conflicts confronted
in their professional roles by professors and administrators.
Much the same holds true of the Yale
Program in Ethics, Politics, and Economics and the Princeton University
Center for Human Values.
What explains the neglect by our
leading university ethics programs of a vital topic that so plainly falls
under their purview? The major cause is probably routine thoughtlessness:
Surrounded by like-minded souls and therefore protected from questions that
might rock the boat, and from research projects that might call for
scholarly retooling, it may never occur to many ethics professors that, no
less than law, medicine, business and journalism, their profession too is
worthy of systematic scrutiny.
One cannot rule out that a few ethics
faculty may have convinced themselves that professors and administrators,
because of their peculiar virtue, already confront and wisely dispose of all
the moral dilemmas and professional conflicts of interest that come before
them. It would not be the first time that intellectuals, so aggressive in
finding false-consciousness and self-interest in others, concealed or
overlooked their own.
Nevertheless, if they are impelled or
compelled to overcome disciplinary inertia and intellectual orthodoxy and
turn their attention to their own profession, professional ethicists will
discover a trove of fascinating and timely questions. Here are a few:
Is it proper for university
disciplinary boards, often composed of faculty and administrators with no
special knowledge of the law, to investigate student accusations of sexual
assault by fellow students, which involve crimes for which perpetrators can
go to jail for decades?
Should universities have one set of
rules and punishments for students who plagiarize or pay others to write
their term papers, and another -- and lesser -- set for professors who
plagiarize or pay others to write their articles and books, or should
students and faculty be held to the same tough standards of intellectual
integrity?
How can universities respect both
professors' academic freedom and students' right to be instructed in the
diversity of opinions?
What is the proper balance in hiring,
promotion, and tenure decisions between the need for transparency and
accountability and the need for confidentiality?
What institutional arrangements give
university trustees adequate independence from the administrators they
review?
Is it consistent with their mission
for university presses to publish books whose facts and footnotes they do
not check?
In accordance with what principles
may a university bar ROTC from campus because of the military's "don't ask,
don't tell policy" concerning homosexuals, while inviting to campus a
foreign leader whose country not only punishes private consensual homosexual
sex but is the world's leading state sponsor of terrorism, and who himself
denies the Holocaust and threatens to obliterate the sovereign state of
Israel?
By exploring these and myriad other
issues, our ethics programs would do more than fulfill their mandate. They
would also vindicate liberal education by demonstrating the premium
academicians place on ensuring that their own practice conforms to the
proper principles.
Mr. Berkowitz is a senior fellow at Stanford
University's Hoover Institution and a professor at George Mason University
School of Law.
Bob Jensen's threads on higher education controversies are at
http://www.trinity.edu/rjensen/HigherEdControversies.htm
A Gender Bender
Deloitte Tries a Different Sales Pitch for Women
Nancy Camarota, a customer-relations executive at
Allied Waste Industries Inc., said she thought it was odd when a Deloitte &
Touche USA LLP consultant used an exclamation point in an email. "Guys do not
use exclamation points," she thought. "Is he making fun of me?" . . . Ms.
Benko started exploring the issue while researching ways to retain and attract
female employees. She teamed up with TrendSight Group, a Winnetka, Ill.,
consulting firm and after interviewing senior women executives and Deloitte
employees, they concluded that the same discovery process women use when doing
personal shopping applies to purchasing business services. A woman might go into
a store for black pants, for example, but then see something else she likes and
buy that, too, or change her mind. Men just buy the pants.
Erin White, "Deloitte Tries a Different Sales Pitch for Women," The Wall
Street Journal, October 8, 2007; Page B1---
http://online.wsj.com/article/SB119180210846051773.html?mod=todays_us_marketplace
Jensen Comment
As John Stossel
would say, "Give us a break." What does this make me? I use exclamation points
all the time.
Report offers new analysis of strengths of countries in attracting the
best foreign talent for higher education
"The Mobile International Student," by Scott Jaschik, Inside Higher Ed,
October 10, 2007 ---
http://www.insidehighered.com/news/2007/10/10/mobile
Bob Jensen's threads on higher education controversies are at
http://www.trinity.edu/rjensen/HigherEdControversies.htm
VegCooking ---
http://www.vegcooking.com/
Related Links
Bon Appetite Magazine
Bake Cookies
Cooking.com*
Gourmet Magazine
GourmetSpot
Pumpkin Soup Recipes
Spanish Tapas*
SpiceGuide
Spice World
Vegetarian
"The Accounting Cycle: The Merrill Lynch-Enron-Government Conspiracy,"
by: J. Edward Ketz, SmartPros, October 2007 ---
http://accounting.smartpros.com/x59129.xml
October 2007
— If I were a getaway driver for a group of bank thieves, should I go
Scot-free if I weren't the primary thief? I doubt that many people would
answer yes. Then how come Merrill Lynch is on the verge of escaping the
wrath of investors because of its involvement in some of Enron's corporate
and accounting frauds?
The
Securities and Exchange
Commission lays out the facts in various documents
such as
Litigation Release No. 20159 and Accounting and
Auditing Enforcement Release No. 2619, and in the related
Complaint in the U.S. District Court.
Managers at Enron needed to prop up the firm's net
income and cash flows in 1999, so in December 1999 Jeffrey McMahon, then
treasurer of Enron, negotiated with managers at Merrill Lynch to purchase an
interest in Enron's Nigerian barges. Executives from Merrill Lynch balked
because there were some significant issues about the value of this
investment, so McMahon and other Enron officials sweetened the pot by giving
an oral promise to repurchase the investment in six months, and they
promised Merrill Lynch an annualized return of 22 percent.
The Merrill Lynch managers agreed to the
transaction, which was consummated in mid-December 1999 and was reversed in
late June 2000 when Merrill Lynch sold its investment in the Nigerian barges
to LJM2, one of the infamous special purpose entities of Enron.
Litigation Release No. 18038
complements this discussion but it focuses on
Merrill Lynch's involvement in this scheme. (Also see the
related complaint). The SEC claimed that Merrill
Lynch and senior managers Robert Furst, Schuyler Tilney, Daniel Bayly, and
Thomas Davis committed securities fraud by assisting top-level Enron
managers in depicting a loan as if it were an authentic sale of Nigerian
barges, plus engaging in two energy option contracts that canceled each
other out, but for which Enron improperly recorded income.
The SEC summed the case this way, "Based on their
substantial assistance to Enron, defendants aided and abetted Enron's
violations of the federal securities laws." Merrill Lynch the firm settled
with the SEC by agreeing to pay disgorgement, penalties, and interest of $80
million.
In a 2004 trial, a jury found these four Merrill
executives guilty of participating in a fraudulent scheme. The former
Merrill managers appealed the verdicts, and amazingly the Fifth Circuit
tossed them out. The appellate court held that those bankers provided
"honest services" and that they did not personally profit from the deal.
That argument assumes that getaway drivers supply
honest services to bank robbers; after all, an oral agreement to repurchase
the investment at 22 percent return is a strong signal that something is
amiss with the transaction. The argument also shows a lack of understanding
how managers profit in the real world. Investment bankers advance their
careers by bringing in business that generates income for the bank; Merrill
Lynch's executives did that with the Enron barge transaction, thereby
promoting their careers, their promotions, and their salaries and bonuses,
even if in an indirect fashion.
Shareholders led by the University of California
brought a class-action suit against Merrill Lynch and other banks, including
Credit Suisse First Boston, who participated in several sham pre-pay
transactions with Enron, and Barclays, who engaged in sham transactions with
Enron via a special purpose entity named Colonnade. Other banks had settled
with the plaintiffs, including Canadian Imperial Bank of Commerce (settling
at $2.4 billion) and Citigroup ($2 billion). The trial never got off the
ground, as the Fifth Circuit tossed it out on a 2-1 vote. With astounding
hubris, the majority acknowledged that its decision did not "coincide … with
notions of justice and fair play." Plaintiffs have appealed to the Supreme
Court where those quaint notions may still exist.
This state of affairs stems from the 1994 case
Central Bank of Denver v. First Interstate Bank of Denver. The Supreme
Court decreed that professional advisers who knowingly aid and abet
securities fraud are not liable to victims. The Court said that the
securities laws do not extend that far and invited Congress to rewrite the
securities laws if its members thought the provisions defining securities
fraud should extend to professional advisers. The Congress extended it a
bit, allowing the SEC to take modest actions against such culprits, but the
Congress did not extend Section 10(b) provisions to aggrieved shareholders.
Continued in article
Jensen Comment:
I double dare you to go to my "Rotten to the Core" threads
and search for every instance of "Merrill" ---
http://www.trinity.edu/rjensen/FraudRotten.htm
Bob Jensen's threads on the Enron scandal are at
http://www.trinity.edu/rjensen/FraudEnron.htm
Bob Jensen's Enron Quiz is at
http://www.trinity.edu/rjensen/FraudEnronQuiz.htm
"Credit card fraud soars, despite new safeguards," AccountingWeb,
October 11, 2007 ---
http://www.accountingweb.com/cgi-bin/item.cgi?id=104098
New fraud-prevention technology has made credit
card crime more difficult in the U.K., but it is increasing in other
countries that have not adopted "chip-and-pin" safeguards. Chip-and-pin
credit cards are cards containing electronic chips that contain the
information otherwise found on magnetic strips. According to the Association
of Payment Clearing Services (APACS), the U.K. clearing service, credit card
crime in the U.K. dropped 4 percent in the first half of this year, compared
with the
first six months of 2006. However, fraud on
UK-issued cards, primarily in the U.S., rose 126 percent during that time.
Chip-and-pin is not accepted universally, so cardholders' names and account
numbers, expiration dates, and security codes are still stored on the
magnetic strip of a credit or debit card, as well as on the microchip.
Criminals are copying the data on the strip to
create a fake card that is then used in a country that has yet to upgrade to
chip-and-pin technology, the BBC reported. All European Union members plan
to upgrade by 2010.
Fraud patterns are changing. Last year, losses
suffered by retailers, credit card users and financial institutions fell by
3 percent. But this year the numbers are rising due to the surge of cloned
cards in the U.S. and elsewhere, along with a 44 percent increase in online
and telephone fraud for the first half of this year, reported.
The good news in the U.K. is that online banking
fraud is down, thanks to chip-and-pin and other security measures, as are
losses from stolen cards being used to withdraw money from cash machines,
which is down by 57 percent. When it comes to transactions where the
cardholder is present, fraud has fallen 11 percent, FinanceWeek reported.
U.S. companies are boosting spending on credit card
security, however, under the threat of fines. According to The Wall Street
Journal, rules called the Payment Card Industry's Data Security Standards
discourage encoding customer information on the magnetic strips. The rules
call for ways to encrypt information to make it unreadable to hackers and
methods to control employee access to sensitive information. The rules are
not new, but Visa has announced it would start levying fines of up to
$25,000 a month to large merchants who aren't following the rules.
Forrester Research says that the biggest merchants
in the U.S. are forecast to spend $400 million to $500 million this year on
technology to meet the security standards.
Another technology is making its way into
circulation in the U.K.: a bank card that allows shoppers to pay for
inexpensive items without using a PIN or signature, The Times of London
reported. These so-called contactless cards will be issued in London over
the next couple of months. APACS estimates 5 million will be issued by the
end of next year.
Contactless payment cards use short-range radio to
exchange payment information with the register for items less than £10.
Shoppers merely tap their debit or credit cards on a reader. A PIN will
still be needed for more expensive items.
Robert Kenly of moneysupermarket.com, a price
comparison site, told the Times: "There will be a number of checks in place
and so long as cardholders remember to report lost cards immediately, they
will always have any losses refunded. For some people it will perhaps seem
too risky but, as with anything new, once people have tried it they may find
that they actually like it."
Banks in the U.S. have been issuing contactless
cards since 2003, with more than 10 million now accepted by 30,000 shops and
restaurants, the Times reported.
Bob Jensen's threads on credit card scams are at
http://www.trinity.edu/rjensen/FraudReporting.htm#ConsumerFraud
"American Electric Power Settles $4.6B Pollution Suit," NPR, October
9, 2007 ---
http://www.npr.org/templates/story/story.php?storyId=15117556
American Electric Power Co. is required to:
- Spend $4.6 billion on so-called scrubbers and other pollution controls to
reduce emissions of nitrogen oxide and sulfur dioxide, which cause acid rain
and smog.
- Cut nitrogen oxide emissions by 69 percent by 2016, and reduce sulfur
dioxide emissions by 79 percent by 2018.
- Pay civil fines of $15 million.
- Pay $60 million in mitigation measures. The money includes $21 million to
reduce emissions from barges and trucks in the Ohio River Valley; $24
million for projects to conserve energy and produce alternative energy; and
$3 million for the Chesapeake Bay, $2 million for Shenandoah National Park
and $10 million to acquire ecologically sensitive lands in Appalachia.
"Good Grief," by By Scott McLemee, Inside Higher Ed,
October 10, 2007 ---
http://www.insidehighered.com/views/2007/10/10/mclemee
Wilson (who had
started using psychoanalysis as a means of interpreting
literary works well before this was required by law) saw in
the figure of Philoctetes something like an allegorical
emblem for the artist’s inner life. Neurosis is the
agonizing wound that leaves the sufferer isolated and
bitter, while genius is the ability to bend the bow, to do
what others cannot. Creativity and psychic pain, “like
strength and mutilation,” as Wilson put it, “may be
inextricably bound up together.”
Not such a
novel idea, after all this time. And one prone to abuse —
reducing artistic creativity to symptomatology. (Or, worse,
elevating symptomatology into art: a phenomenon some of us
first encounter while dating.)
In Wilson’s
hands, though, it was a way through the labyrinth of a
writer’s work, of finding hidden passages within it. The two
longest studies in The Wound and the Bow were
interpretations of Charles Dickens and Rudyard Kipling: two
authors whose critical reputations had been nearly done in
by their commercial success. Wilson’s criticism, while
biographical in method, did not take the debunking route. If
he documented the wound, he also showed the strength with
which each figure could draw the bow.
Now,
I’m not really sure that the archer serves all that well as
a model of the artist. (The myths of Daedelus or Orpheus
work better, for a variety of reasons, and cover much of the
same analogical ground.) On the other hand, Philoctetes did
tend to complain a lot — as did Charles Schulz, it seems.
The cartoonist emerges from his biographer’s pages as a man
of numerous griefs and grievances. His life was shaped by an
upbringing that was economically secure but emotionally
complex. His childhood was spent among among relatives who
expressed affection through joking insults (to give things
the most positive construction possible).
Michaelis, who has also written about the life of the
painter
N.C. Wyeth, offers numerous
well-framed appreciations of Schulz’s artistry. The book is
Wilsonian, in that sense. But any revaluation of “Peanuts”
as cultural artifact is bound to be less a topic for
conversation than the unveiling of details about his
melancholia and his resentments.
An
episode of the documentary series “American Masters” on PBS
airing later this month will be tied to the book, which
should reach stores any day now. Soon it will be common
knowledge that everyone who met the cartoonist’s first wife
had a pretty good idea where Lucy originated. Numerous
“Peanuts” strips are embedded throughout the book — each of
them echoing events or situations in Schulz’s life or some
aspect of his personality and relationships. (Members of his
family are
complaining about the biography, a
development to be expected.)
The cartoons
themselves — however telling as illustrations of things the
biographer has discovered about Schulz — are rich works in
their own right. They fall somewhere between art and
literature; but those categories really don’t matter very
much, because they create their own little world. The
biography derives its meaning from the cartoons and not vice
versa.
So in an
effort to restore some balance, I’d like to recommend some
supplementary reading about “Peanuts” — an essay that says
very little about Schulz himself. It focuses instead on what
he created. How an artist becomes capable of bending the bow
is difficult to understand. Biography is one approach, but
it does not exhaust the topic. (In a way it only begins to
pose the riddle.)
The piece in
question is “The World of Charlie Brown” by Umberto Eco. It
appeared in his collection Apocalittica e integrati,
a volume that became rather notorious when it first appeared
in 1964. Parts of the collection were translated, along with
some later pieces, as Apocalypse Postponed (Indiana
University Press, 1994)
Like other
essays in the book, the analysis of “Peanuts” is part of
Eco’s challenge to familiar arguments about “mass culture,”
whether framed in Marxist or conservative terms. Either way,
the theorists who wrote about the topic tended to be
denunciatory. Eco, who was 32 when Apocalittica
appeared, had published a couple of monographs on medieval
intellectual history and was also working on semiotics and
the philosophy of language. Aside from teaching, he paid the
bills by working for a television network and a trade
publisher. All the quasi-sociological hand-wringing about
the media struck Eco as rather obtuse, and he did not
hesitate to say so.
From the
vantage point of someone who had written about the aesthetic
theory of Thomas Aquinus, it was not self-evident that “mass
culture” was the fresh horror that worried his
contemporaries. He saw it beginning with the cathedrals — or
at least no later than the printing press. The fact that Eco
wrote about Superman and television worried some of the
reviewers.
Continued in article
In The Wound and the Bow, Edmund
Wilson analyzes how various writers, such as Dickens, Wharton, and Hemingway,
used the central wound of their life as the major material of their art.
Throughout her entire childhood, a writer I know worked fiendishly hard in the
hope of becoming a professional ballet dancer. She entered the Harkness Ballet
trainee program at eighteen, but she left after less than a year. It’s only
right that her first book, published a couple of years ago when she was in her
mid-forties, is a collection of stories set in the world of ballet, and her
novel-in-progress is told from the point of view of George Balanchine. In Rocky,
asked what he sees in dowdy Adrian, Rocky says, “She fills gaps.” I was a great
child-athlete and I just assumed this play-paradise would last forever. It
didn’t. Writing about it fills gaps.
"THE WOUND AND THE BOW," by David Shields, Believer Magazine ---
http://www.believermag.com/issues/200312/?read=article_shields
From the Scout Report on October 12, 2007
Joost 1.0
---
http://www.joost.com/
Some people may appreciate having a break from
television while they are on the Internet, but this latest version of Joost
offers no such rest to those potentially weary souls. Joost allows users to
watch thousands of shows online, provided that they have a high-speed
Internet connection. Along with popular programs, visitors can also search
through the genre list to locate documentary and news channels. New users
may also wish to look through the “Selected Picks” section as well. This
version of Joost is compatible with computers running Windows XP Service
Pack 2.
Dugg-Digg Widget for Dashboard 1.1.5
---
http://web.mac.com/duncankeall/Dugg/Dugg.html
Digg is perhaps one of the web’s best known sites,
and it contains various content submitted by users from all over the world.
Dugg 1.1.5 is a tiny widget that can help Digg devotees (and Digg neophytes)
search and find content on Digg quickly. Visitors can view stories for
specific topics or users and also check out what friends might be “digging”.
This version of Dugg is compatible with computers running Mac OS X 10.3.
From The Washington Post on October 11, 2007
How many online searches are
conducted worldwide every minute?
A.
5.6 million
B.
1.4 million
C.
870,000
D.
420,000
From The Washington Post on October 12, 2007
How many items did eBay list in
the second quarter of this year?
A.
230 million
B.
336 million
C.
497 million
D.
559 million
From The Washington Post on October 16, 2007
What activity increased a
person's likelihood of voting by about 4 percentage points?
A.
E-voting option
B.
Voice-mail message from candidate
C.
Text message reminder
D.
E-mail reminder
Updates from WebMD ---
http://www.webmd.com/
A Blood Test for Alzheimer's
Scientists at Stanford University have identified a
set of protein biomarkers in the blood that can correctly identify people with
Alzheimer's and predict which patients with mild cognitive impairment will go on
to develop the disease. If replicated in larger studies, this protein profile
could drastically improve on existing methods to diagnose the disease. Because
cognitive symptoms don't usually appear until the brain has undergone
significant damage, and no reliable physical symptoms have yet been identified,
accurate diagnosis relies largely on cognitive testing and lab tests to rule out
other problems. The
study
was published Monday in the journal
Nature Medicine.
Emily Singer, MIT's Technology Review, October 15, 2007 ---
http://www.technologyreview.com/blog/editors/21881/?nlid=601
For millions with eye damage, a new artificial cornea could prove a safer,
more effective treatment
A novel artificial cornea that adheres to eye cells
could bring new hope to the estimated 10 million people worldwide who are blind
because of corneal damage or disease. The new design should relieve some of the
complications--such as tissue rejection--that often accompany corneal
transplants or the implantation of existing artificial corneas. The device,
which has been extensively tested in rabbits, is expected to be in clinical
trials early next year.
Brittany Sauser, MIT's Technology Review, October 10, 2007 ---
http://www.technologyreview.com/Biotech/19490/?nlid=592
Study finds that people are programmed to love chocolate
For the first time, scientists have linked the
all-too-human preference for a food — chocolate — to a specific, chemical
signature that may be programmed into the metabolic system and is detectable by
laboratory tests. The signature reads ‘chocolate lover’ in some people and
indifference to the popular sweet in others, the researchers say.
PhysOrg, October 12, 2007 ---
http://physorg.com/news111389753.html
Condom Experts Told That Size Matters
As the world's top condom experts convene this week
to update international standards, one American entrepreneur has a simple
message: Size matters. It's shaking up an industry that has generally taken a
one-size-fits-all approach. Frank Sadlo, founder of TheyFit, which makes what he
claims are the world's first custom-fit condoms, is pushing for updated
standards to allow greater variation in condom size. It's not just about
well-endowed men in cramped prophylactic quarters, Sadlo told a meeting Thursday
of delegates from 21 countries under the Geneva-based International Organization
for Standardization. When given a choice, he said many men prefer condoms
smaller than the standard minimum 6.3 inches long, with more than half ordering
those less than 5.12 inches. At the session in Seogwipo on South Korea's Jeju
Island, more than 100 representatives - including leading manufacturers,
government standards bodies and aid groups - pored over 42 pages of
specifications and testing requirements for condoms. Standards are especially
crucial - failure could mean the spread of potentially deadly diseases or
unwanted pregnancy.
Burt Herman, PhysOrg, October 11, 2007 ---
http://physorg.com/news111342831.html
Farm kids have lower risk of asthma, study shows
Farm children appear to have a lower risk of asthma
than their urban counterparts or even those living in a non-agricultural rural
environment, according to a University of Alberta study. Analysis of two surveys
involving 13,524 asthma–free children aged less than 12 years in the ongoing
Canadian National Longitudinal Survey of Children and Youth (NLSCY) showed that
children living in a farming environment had a lower risk of developing asthma
than their counterparts who resided in either non-farming rural environments,
such as residential acreages and rural towns, or an urban environment.
PhysOrg, October 16, 2007 ---
http://physorg.com/news111766298.html
"In Diabetes, a Complex of Causes," by Amanda Schaffer, The New
York Times, October 16, 2007 ---
http://www.nytimes.com/2007/10/16/health/16diab.html?_r=1&oref=slogin
An explosion of new research is vastly changing
scientists’ understanding of diabetes and giving new clues about how to
attack it.
The fifth leading killer of Americans, with 73,000
deaths a year, diabetes is a disease in which the body’s failure to regulate
glucose, or blood sugar, can lead to serious and even fatal complications.
Until very recently, the regulation of glucose — how much sugar is present
in a person’s blood, how much is taken up by cells for fuel, and how much is
released from energy stores — was regarded as a conversation between a few
key players: the pancreas, the liver, muscle and fat.
Now, however, the party is proving to be much
louder and more complex than anyone had shown before.
New research suggests that a hormone from the
skeleton, of all places, may influence how the body handles sugar. Mounting
evidence also demonstrates that signals from the immune system, the brain
and the gut play critical roles in controlling glucose and lipid metabolism.
(The findings are mainly relevant to Type 2 diabetes, the more common kind,
which comes on in adulthood.)
Focusing on the cross-talk between more different
organs, cells and molecules represents a “very important change in our
paradigm” for understanding how the body handles glucose, said Dr. C. Ronald
Kahn, a diabetes researcher and professor at Harvard Medical School.
The defining feature of diabetes is elevated blood
sugar. But the reasons for abnormal sugar seem to “differ tremendously from
person to person,” said Dr. Robert A. Rizza, a professor at the Mayo Clinic
College of Medicine. Understanding exactly what signals are involved, he
said, raises the hope of “providing the right care for each person each day,
rather than giving everyone the same drug.”
Last summer, researchers at Columbia University
Medical Center published startling results showing that a hormone released
from bone may help regulate blood glucose.
When the lead researcher, Dr. Gerard Karsenty,
first described the findings at a conference, the assembled scientists “were
overwhelmed by the potential implications,” said Dr. Saul Malozowski, senior
adviser for endocrine physiology research at the National Institute of
Diabetes and Digestive and Kidney Diseases, who was not involved in the
research. “It was coming from left field. People thought, ‘Oof, this is
really new.’
“For the first time,” he went on, “we see that the
skeleton is actually an endocrine organ,” producing hormones that act
outside of bone.
In previous work, Dr. Karsenty had shown that
leptin, a hormone produced by fat, is an important regulator of bone
metabolism. In this work, he tested the idea that the conversation was a
two-way street. “We hypothesized that if fat regulates bone, bone in essence
must regulate fat,” he said.
Working with mice, he found that a previously known
substance called osteocalcin, which is produced by bone, acted by signaling
fat cells as well as the pancreas. The net effect is to improve how mice
secrete and handle insulin, the hormone that helps the body move glucose
from the bloodstream into cells of the muscle and liver, where it can be
used for energy or stored for future use. Insulin is also important in
regulating lipids.
In Type 2 diabetes, patients’ bodies no longer heed
the hormone’s directives. Their cells are insulin-resistant, and blood
glucose levels surge. Eventually, production of insulin in the pancreas
declines as well.
Dr. Karsenty found that in mice prone to Type 2
diabetes, an increase in osteocalcin addressed the twin problems of insulin
resistance and low insulin production. That is, it made the mice more
sensitive to insulin and it increased their insulin production, thus
bringing their blood sugar down. As a bonus, it also made obese mice less
fat.
If osteocalcin works similarly in humans, it could
turn out to be a “unique new treatment” for Type 2 diabetes, Dr. Malozowski
said. (Most current diabetes drugs either raise insulin production or
improve insulin sensitivity, but not both. Drugs that increase production
tend to make insulin resistance worse.)
Continued in article
Office jobs may be hazardous to the hips
A new survey says working in an office may be hard on
the waistlines of nearly half of U.S. workers.
PhysOrg, October 12, 2007 ---
http://physorg.com/news111396200.html
Jensen Comment
But nearby faculty clubs are more hazardous.
Does your phone have a halitosis meter?
With that in mind, a Japanese company has unveiled a
prototype cell phone with a built-in bad-breath meter that will let you know if
you need to reach for a mint. It also keeps track of your activity level, your
pulse, and your paunch, thanks to a built-in pedometer, a pulse meter, and a
body-fat analyzer, which sends a small electrical signal through your body to
assess its composition.
Anna Davison, "A Cell Phone That Spots Bad Breath Among a new phone's health
monitors is a "halitosis meter," MIT's Technology Review, October 12, 2007 ---
http://www.technologyreview.com/Infotech/19569/?nlid=598
Jensen Comment
Your minimum, median, and maximum scores might be something you can add to your
resume or you online dating module.
There’s a risk
of being arrested for heavy breathing during phone conversations
Five Best Books About Newspapering
"Read All About It!, by Seth Lipsky, The Wall Street Journal, September 29,
2007 ---
http://www.opinionjournal.com/weekend/fivebest/?id=110010669
Read All About It!
A veteran reporter and
editor's favorite books about newspapering.
1. "The
Paris Edition" by Waverley Root (North Point, 1987).
Between 1927 and 1934, the Chicago Tribune
published an edition in Paris, a small sophisticated daily in a big
city with a raging newspaper war. Never in the history of
journalism, it was said, have so many men had such a wonderful time
on so little money. In "The Paris Edition," Tribune reporter
Waverley Root memorably evokes the era, not least with his classic
account of Charles Lindbergh's Paris landing in 1927. The United
Press hired goons to monopolize the phone booths at Le Bourget
Airport, where Lindbergh was set to land; the Associated Press hired
bruisers to attack them; all six phone booths were destroyed in the
melee and reporters had to run their copy into town on foot. In this
memoir, we also meet the Tribune's proprietor, Col. Robert
McCormick, who, in a fit of pique, assigned his best correspondent,
Floyd Gibbons, to a new beat: the Sahara. Gibbons set out to become
the first person to cross the desert's expanse while carrying a
fully unfurled American flag, which resulted not only in a newspaper
series that gripped the world but also in an epic expense account.
2. "How I Got That Story" edited by
David Brown and W. Richard Bruner (Dutton, 1967).
Throughout my career, I have toted along
"How I Got That Story," a collection of first-hand accounts of some
of the greatest scoops of all time. Its authors are members of the
Overseas Press Club of America. The volume starts with "Germany's
Meekest Hour," about the Treaty of Versailles at the end of World
War I, in which the New York Sun's Burnet Hershey describes how he
disguised himself as a German to get into a prisoner-of-war stockade
in Paris, where he heard the German foreign minister tell the
captured soldiers from his homeland: "We will rise from this shame."
The book also includes New York Times reporter William L. Laurence's
story of how he was brought inside the Manhattan Project by Gen.
Leslie Groves so that he could write an eyewitness account of the
bombing of Nagasaki in August 1945.
3. "The Brass Ring" by Bill Mauldin
(Norton, 1971).
In Bill Mauldin's memoir, the G.I.
cartoonist who created the soldiers Willie and Joe tells the story
of the Stars and Stripes newspaper in World War II. "The Brass Ring"
reprints many of Mauldin's famed cartoons, including one depicting
two officers on top of an Alp, one saying to the other: "Beautiful
view. Is there one for the enlisted men?" A Pulitzer Prize-winning
illustration, from 1945, shows a group of bedraggled Yanks marching
a group of bedraggled German prisoners in the rain and mud, with the
caption: " 'Fresh, spirited American troops, flushed with victory,
are bringing in thousands of hungry, ragged, battle-weary
prisoners,' (News Item)." One of the cartoons--at a USO show,
soldiers line up to get in while officers escort girls out a side
door--is accompanied by Mauldin's priceless account of how it
prompted a showdown between the cartoonist and an outraged Gen.
George Patton, who accused him of demoralizing the troops. Mauldin
also describes, in a moving section of the book, a military funeral
in Italy in 1945 when Lt. Gen. Lucian Truscott turned his back on
the dignitaries and addressed the dead.
4. "A Treasury of Great Reporting"
edited by Louis L. Snyder and Richard B. Morris (Simon & Schuster,
1949).
Here, in another anthology I have kept with
me all my career, are reprints of classic pieces of journalism, as
they were published--nearly 200 samples of "Literature Under
Pressure, From the Sixteenth Century to Our Own Time," as the
subtitle has it. You'll find the Boston News-Letter's dispatch on
the Boston Tea Party as well as Homer Bigart's reporting for the New
York Times on the trial of Adolf Eichmann (in the second edition,
published in 1962). The volume has Horace Greeley's interview with
Brigham Young. It contains Whitelaw Reid's coverage of the
Confederate catastrophe of Pickett's Charge at Gettysburg ("all the
glory visible, all the horror of the fearful field concealed"). And
the book covers the stories behind the stories in well-researched
entries by the annotators. In the preface, veteran reporter and
editor Herbert Bayard Swope says that the reprinted articles "will
show why newspaper work is so eternally and irresistibly seductive."
He's right.
5. "Newspaper Days" by H.L. Mencken
(Knopf, 1941).
This is the second of the three volumes of
H.L. Mencken's "Days." The first, "Happy Days," about his youth, is
the best. The last, "Heathen Days," is anticlimactic. The middle
volume--about what happened after he walked into the Baltimore
Morning Herald, at the age of 18, and presented himself to its city
editor--is a newspaper classic. In one chapter, he discusses what he
calls the "synthesis"--or fabrication--of news, including a bogus
story by one reporter about the ill effects of sticking one's
umbrella into an arc-light. Given the evidence presented, the book
is also a reminder to regard the crime reporting of Mencken's day
with caution. Like other newspapermen of his time given over to
casual racism and cynicism, Mencken is not a wholly attractive
character. But he demonstrates how a master craftsman turns out
prose and how the gritty job of a reporting beat on a metropolitan
newspaper can create the foundation for a career in literature of
the highest order.
Mr. Lipsky is the editor of the New York Sun.
|
Question
What's "institutional structure?"
What's the theory entwined in the works of the three 2007 recipients of the
Nobel Prize in Economics?
Hint:
Nobel Prizes ---
http://en.wikipedia.org/wiki/Nobel_Prize
Nobel Prizes in Economics tend to go to
mathematicians and/or conservative market theorists.
Nobel Peace Prices tend to reflect liberal political biases, perhaps even
not-so-hidden Nobel agendas.
Nobel Prizes for accounting and mathematics are nonexistent, probably since both
disciplines are built upon assumptions rather than reality. Actually this is
also true for economics, although somehow an exception was made for this branch
of astrology.
"A Market Nobel," by Peter Boettke, The Wall Street Journal,
October 16, 2007; Page A21 ---
http://online.wsj.com/article/SB119249811353060179.html?mod=todays_us_opinion
Yesterday Leonid Hurwicz, Eric Maskin and Roger
Myerson won the Nobel Prize in Economic Science for their pioneering work in
the field of "mechanism design." Strangely, some have used this occasion to
disparage free-market economics. But the truth is the deserving recipients
owe a direct debt to free-market thinkers who came before them.
Mechanism design is an area of economic research
that focuses on how institutional structures can be manipulated by changing
the rules of the game in order to produce socially optimal results. The best
intentions for the public good will go astray if the institutional
arrangements are not consistent with the self-interest of decision makers.
Mr. Myerson's work on how to design auctions to
elicit information about the value of the good being auctioned -- and how to
maximize the revenue extracted from the auction -- has informed numerous
privatizations of publicly owned assets over the past quarter-century. Mr.
Maskin also contributed to auction theory, and applied the idea of mechanism
design to assess political institutions such as voting systems.
Mechanism design theory was established to try to
address the main challenge posed by Ludwig von Mises and F.A. Hayek. It all
starts with Mr. Hurwicz's response to Hayek's famous paper, "The Use of
Knowledge in Society." In the 1930s and '40s, Hayek was embroiled in the
"socialist calculation debate." Mises, Hayek's mentor in Vienna, had raised
the challenge in his book "Socialism," and before that in an article, that
without having the means of production in private hands, the economic system
will not create the incentives or the information to properly decide between
the alternative uses of scarce resources. Without the production process of
the market economy, socially desirable outcomes will be impossible to
achieve.
In the mid-1930s, Hayek published Mises's essay in
English in his book, "Collectivist Economic Planning." From there the
discussion moved to the U.K. and the U.S. Hayek summarized the fundamental
challenge that advocates of socialism needed to come to grips with. Hayek's
argument, a refinement of Mises, basically stated that the economic problem
society faced was not how to allocate given resources, but rather how to
mobilize and utilize the knowledge dispersed throughout the economy.
Hayek argued that mathematical modeling, which
relied on a set of given assumptions, had obscured the fundamental problem.
These questions were not being probed since they were assumed away in the
mathematical models of market socialism presented by Oskar Lange and, later,
Abba Lerner. Milton Friedman, when he reviewed Lerner's "Economics of
Control," stated that it was as if economic analysis of policy was being
conducted in a vacuum. Lange actually argued that questions of bureaucratic
incentives did not belong in economics and were best left to other
disciplines such as psychology and sociology.
Leonid Hurwicz, in his classic papers "On the
Concept and Possibility of Informational Decentralization" (1969), "On
Informationally Decentralized Systems" (1972), and "The Design of Mechanisms
for Resource Allocation" (1973), embraced Hayek's challenge. He developed
mechanism-design theory to test the logic of the Mises-Hayek contention that
socialism could not possibly mobilize the dispersed knowledge in society in
a way that would permit rational economic calculation for the alternative
uses of scarce resources. Mises and Hayek argued that replacing the
invisible hand of the market with the guided one of government would not
work. Mr. Hurwicz wanted to see if they were right, and under what
conditions one could say they were wrong.
Those efforts are at the foundation of the field
that was honored by the Nobel Prize committee. To function properly, any
economic system must, as Hayek pointed out, structure incentives so that the
dispersed and sometimes conflicting knowledge in society is mobilized to
realize the gains from exchange and innovation.
Last year Mr. Myerson acknowledged his own debt to
Mr. Hurwicz -- and thus Hayek -- in "Fundamental Theory of Institutions: A
Lecture in Honor of Leo Hurwicz." The incentive-compatibility issue has
highlighted the problems of moral hazard and adverse selection (perverse
behavior due to incentives caused by rules that are supposed protect us and
selection problems due to imperfect information). Mr. Hurwicz helped repair
a mid-20th century neglect of institutions in economic analysis.
While we celebrate the brilliance of Messrs.
Hurwicz, Maskin and Myerson, we should also remember that Hayek's challenge
provided their inspiration. Hayek concluded that the private-property rights
that come with the rule of law, freedom of contract, and freedom of
association is still the one mechanism design that mobilizes and utilizes
the dispersed information in an economy. Furthermore, it does so in a way
that tends to capture the gains from trade and innovation so that wealth is
continually created and humanity is made better off.
Mr. Boettke is a professor of economics at George Mason University and
the Mercatus Center.
October 17, 2007 reply from Paul Williams
[Paul_Williams@NCSU.EDU]
Bob, et al.
As I think I have mentioned before there is no
Nobel Prize in economics. Alfred Nobel established his trust fund because of
guilt over inventing dynamite. He awarded prizes only to those branches of
intellectual endeavor that he believed had the potential to bring "goodness"
to human kind and end wars forever (chemistry, physics, medicine,
literature, and peace (essentially noble political acts because peace is
largely about politics perhaps explaining why right- wingers don't tend to
win the Peace Prize).
In 1964 the Nobel Committee agreed to include
within the prizes The Bank of Sweden Prize in Economic Science in Honor of
Alfred Nobel, funded not by the Nobel Trust, but by financial interests.
This was a political move to bring legitimacy to economic "science" whose
scientific prescriptions for policy always manage somehow to benefit
financial interests.
Apparently we have now "scientific" proof that
labor is our punishment for the Fall from Grace. Science my a uh foot.
October 17, 2007 reply from J. S. Gangolly
[gangolly@CSC.ALBANY.EDU]
Paul and Bob,
The controversies involving the economics prize
include:
1. Theoretical v. Practical: Kantorovich, the
Russian mathematician is supposed to have expressed disbelief at receiving
one of the earliest economics Nobels (1975), since he had done virtually no
work in economics except for laying the groundwork for what later became
linear programming. But that was just a footnote in his life's work.
The same can be said of the work of Reinhard Selten,
John Nash, and to an extent Janos Kornai. Later, a number of other
theoreticians were also awarded the economics Nobel, leading to grumbling
among the applied/ empirical crowd. Probably the series of Nobel's awarded
to Milton Friedman and others later were a reaction to this criticism.
2. Left-wing v. Right-wing: In general, more Nobels
have been awarded to quite-a-bit right-of-center economists, and hell has
broken loose when one has been awarded to some one even an iota
left-of-center. An example was Amartya Sen, who single-handedly revived the
fascinating fields of economics of poverty and development.
Milton Friedman was awarded the prize in 1976 right
after the controversy surrounding the 1975 award to Kantorovich.
I think economics Nobel's have generally tarnished
the reputation of Nobels in general, but one feels good when some one like
John Nash gets it. I was thrilled that Leonid Hurwicz got it this year,
though I am not sure about Maskin and Myerson. With the latter two, it is
way down hill from Selten, Nash, Harsanyi, Aumannn, Kantorovich, Arrow,
Debreu, ...
So far as I know, one "accountant" has won the
economics Nobel. It is Richard Stone, who worked in the area of national
income accounting.
Incidentally, I stumbled upon a fascinating book
titled "Against Mechanism: Protecting Economics from Science" By Philip
Mirowski
One quote from the book:
"Contrary to popular misconceptions, I shall
claim that economics needs protection from science, and especially from
scientists such as Richard Feynman, or any other physicist who thinks he
knows just what is needed for economists to clean up their act.
Economics needs protection from the scientists in its midst, the Paul
Samuelsons and the Tjalling Koopmans and all the others who took their
training in the physical sciences and parlayed it into easy victories
among their less technically inclined colleagues. And worst of all,
economics needs protection from itself. For years, economics has enjoyed
an impression of superiority over all the other "social sciences" in
rigor, precision, and technical expertise. The reason it has been able
to assume this mantle is that economics has consistently striven to be
the nearest thing to social physics in the constellation of human
knowledge."
Jagdish
A wonderful Message from George Carlin:
The paradox of our time in history is that we have taller buildings but
shorter tempers, wider Freeways , but narrower viewpoints. We spend more, but
have less, we buy more, but enjoy less. We have bigger houses and smaller
families, more conveniences, but less time. We have more degrees but less sense,
more knowledge, but less judgment, more experts, yet more problems, more
medicine, but less wellness.
We drink too much, smoke too much, spend too recklessly, laugh too little,
drive too fast, get too angry, stay up too late, get up too tired, read too
little, watch TV too much , and pray too seldom.
We have multiplied our possessions, but reduced our values. We talk too much,
love too seldom, and hate too often.
We've learned how to make a living, but not a life. We've added years to life
not life to years. We've been all the way to the moon and back, but have trouble
crossing the street to meet a new neighbor. We conquered outer space but not
inner space. We've done larger things, but not better things.
We've cleaned up the air, but polluted the soul. We've conquered the atom,
but not our prejudice. We write more, but learn less. We plan more, but
accomplish less. We've learned to rush, but not to wait. We build more computers
to hold more information, to produce more copies than ever, but we communicate
less and less.
These are the times of fast foods and slow digestion, big men and small
character, steep profits and shallow relationships. These are the days of two
incomes but more divorce, fancier houses, but broken homes. These are days of
quick trips, disposable diapers, throwaway morality, one night stands,
overweight bodies, and pills that do everything from cheer, to quiet, to kill.
It is a time when there is much in the showroom window and nothing in the
stockroom. A time when technology can bring this letter to you, and a time when
you can choose either to share this insight, or to just hit delete...
Remember; spend some time with your loved ones, because they are not going to
be around forever. Remember, say a kind word to someone who looks up to you in
awe, because that little person soon will grow up and leave your side.
Remember, to give a warm hug to the one next to you, because that is the only
treasure you can give with your heart and it doesn't cost a cent.
Remember, to say, 'I love you' to your partner and your loved ones, but most
of all mean it. A kiss and an embrace will mend hurt when it comes from deep
inside of you.
Remember to hold hands and cherish the moment for someday that person will
not be there again. Give time to love, give time to speak! AND give time to
share the precious thoughts in your mind.
AND ALWAYS REMEMBER:
Life is not measured by the number of breaths we take, but by the moments
that take our breath away.
If you don't send this to at least 8 people....Who cares?
George Carlin
Satchel Paige was one of the best baseball pitchers of all time ---
http://en.wikipedia.org/wiki/Satchel_Paige
These purportedly were his last words!
How to Stay Young
1. Avoid fried meats which angry up the blood.
2. If your stomach disputes you, lie down and pacify it with cool thoughts.
3. Keep the juices flowing by jangling around gently as you move.
4. Go very light on the vices, such as carrying on in Society. The social
ramble ain't restful.
5. Avoid running at all times.
6. Don't look back. Something might be gaining on you.
What You Can Do With Vodka?
01. To remove a bandage painlessly, saturate the bandage with vodka. The
solvent dissolves the adhesive.
02. To clean the caulking around bathtubs and showers, fill a trigger-spray
bottle with vodka, spray the caulking, let set five minutes and wash clean. The
alcohol in the vodka kills mold and mildew.
03. To clean your eyeglasses, simply wipe the lenses with a soft, clean cloth
dampened with vodka. The alcohol in the vodka cleans the glass and kills germs.
04. Prolong the life of razors by filling a cup with vodka and letting your
safety razor blade soak in the alcohol after shaving. The vodka disinfects the
blade and prevents rusting.
05. Spray vodka on vomit stains, scrub with a brush, then blot dry.
06. Using a cotton ball, apply vodka to your face as an astringent to cleanse
the skin and tighten pores.
07. Add a jigger of vodka to a 12-ounce bottle of shampoo. The alcohol
cleanses the scalp, removes toxins from hair, and stimulates the growth of
healthy hair.
08. Fill a sixteen-ounce trigger-spray bottle with vodka and spray bees or
wasps to kill them.
09. Pour one-half cup vodka and one-half cup water in a Ziploc freezer bag,
and freeze for a slushy, refreezable ice pack for aches, pain, or black eyes..
10. Fill a clean, used mayonnaise jar with freshly packed lavender flowers,
fill the jar with vodka, seal the lid tightly and set in the sun for three days.
Strain liquid through a coffee filter, then apply the tincture to aches and
pains.
11. Make your own mouthwash by mixing nine tablespoons powered cinnamon with
one cup vodka. Seal in an airtight container for two weeks. Strain through a
coffee filter. Mix with warm water and rinse your mouth. Don't swallow.
12. Using a q-tip, apply vodka to a cold sore to help it dry out.
13. If a blister opens, pour vodka over the raw skin as a local anesthetic
that also disinfects the exposed dermis.
14. To treat dandruff, mix one cup vodka with two teaspoons crushed rosemary,
let sit for two days, strain through a coffee filter and massage into your scalp
and let dry.
15. To treat an earache put a few drops of vodka in your ear. Let set for a
few minutes. Then drain. The vodka will kill the bacteria that is causing pain
in your ear.
16. To relieve a fever, use a washcloth to rub vodka on your chest and back
as a liniment.
17. To cure foot odor, wash your feet with vodka.
18. Vodka will disinfect and alleviate a jellyfish sting.
19. To remove cigarette smoke in your home or office mix one part vodka and
three parts water and spray the clothing, then launder and let dry.
20. Pour vodka over an area affected with poison ivy to remove the urushiol
oil from your skin.
21. Swish a shot of vodka over an aching tooth. Allow your gums to absorb
some of the alcohol to numb the pain.
After reading this, can you believe that some people drink the stuff?
Tidbits Archives ---
http://www.trinity.edu/rjensen/TidbitsDirectory.htm
Click here to search Bob Jensen's web site if you have key words to enter ---
Search Site.
For example if you want to know what Jensen documents have the term "Enron"
enter the phrase Jensen AND Enron. Another search engine that covers Trinity and
other universities is at
http://www.searchedu.com/.
Three Finance Blogs
Jim Mahar's FinanceProfessor Blog ---
http://financeprofessorblog.blogspot.com/
FinancialRounds Blog ---
http://financialrounds.blogspot.com/
Karen Alpert's FinancialMusings (Australia) ---
http://financemusings.blogspot.com/
Some Accounting Blogs
Paul Pacter's IAS Plus (International
Accounting) ---
http://www.iasplus.com/index.htm
International Association of Accountants News ---
http://www.aia.org.uk/
AccountingEducation.com and Double Entries ---
http://www.accountingeducation.com/
Gerald Trite's eBusiness and
XBRL Blogs ---
http://www.zorba.ca/
AccountingWeb ---
http://www.accountingweb.com/
SmartPros ---
http://www.smartpros.com/
Bob Jensen's Sort-of Blogs ---
http://www.trinity.edu/rjensen/JensenBlogs.htm
Current and past editions of my newsletter called New
Bookmarks ---
http://www.trinity.edu/rjensen/bookurl.htm
Current and past editions of my newsletter called
Tidbits ---
http://www.trinity.edu/rjensen/TidbitsDirectory.htm
Current and past editions of my newsletter called Fraud
Updates ---
http://www.trinity.edu/rjensen/FraudUpdates.htm
Online Books, Poems, References,
and Other Literature
In the past I've provided links to various types electronic literature available
free on the Web.
I created a page that summarizes those various links ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm
Shared Open Courseware
(OCW) from Around the World: OKI, MIT, Rice, Berkeley, Yale, and Other Sharing
Universities ---
http://www.trinity.edu/rjensen/000aaa/updateee.htm#OKI
Free Textbooks and Cases ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm#Textbooks
Free Mathematics and Statistics Tutorials ---
http://www.trinity.edu/rjensen/Bookbob2.htm#050421Mathematics
Free Science and Medicine Tutorials ---
http://www.trinity.edu/rjensen/Bookbob2.htm#Science
Free Social Science and Philosophy Tutorials ---
http://www.trinity.edu/rjensen/Bookbob2.htm#Social
Free Education Discipline Tutorials ---
http://www.trinity.edu/rjensen/Bookbob2.htm
Teaching Materials (especially
video) from PBS
Teacher Source: Arts and
Literature ---
http://www.pbs.org/teachersource/arts_lit.htm
Teacher Source: Health & Fitness
---
http://www.pbs.org/teachersource/health.htm
Teacher Source: Math ---
http://www.pbs.org/teachersource/math.htm
Teacher Source: Science ---
http://www.pbs.org/teachersource/sci_tech.htm
Teacher Source: PreK2 ---
http://www.pbs.org/teachersource/prek2.htm
Teacher Source: Library Media ---
http://www.pbs.org/teachersource/library.htm
Free Education and
Research Videos from Harvard University ---
http://athome.harvard.edu/archive/archive.asp
VYOM eBooks Directory ---
http://www.vyomebooks.com/
From Princeton Online
The Incredible Art Department ---
http://www.princetonol.com/groups/iad/
Online Mathematics Textbooks ---
http://www.math.gatech.edu/~cain/textbooks/onlinebooks.html
National Library of Virtual Manipulatives ---
http://enlvm.usu.edu/ma/nav/doc/intro.jsp
Moodle ---
http://moodle.org/
The word moodle is an acronym for "modular
object-oriented dynamic learning environment", which is quite a mouthful.
The Scout Report stated the following about Moodle 1.7. It is a
tremendously helpful opens-source e-learning platform. With Moodle,
educators can create a wide range of online courses with features that
include forums, quizzes, blogs, wikis, chat rooms, and surveys. On the
Moodle website, visitors can also learn about other features and read about
recent updates to the program. This application is compatible with computers
running Windows 98 and newer or Mac OS X and newer.
Some of Bob Jensen's Tutorials
Accountancy Discussion ListServs:
For an elaboration on the reasons you should join a
ListServ (usually for free) go to http://www.trinity.edu/rjensen/ListServRoles.htm
AECM (Educators)
http://pacioli.loyola.edu/aecm/
AECM is an email Listserv list which
provides a forum for discussions of all hardware and software
which can be useful in any way for accounting education at the
college/university level. Hardware includes all platforms and
peripherals. Software includes spreadsheets, practice sets,
multimedia authoring and presentation packages, data base
programs, tax packages, World Wide Web applications, etc
Roles of a ListServ ---
http://www.trinity.edu/rjensen/ListServRoles.htm
|
CPAS-L (Practitioners)
http://pacioli.loyola.edu/cpas-l/
CPAS-L provides a forum for discussions of
all aspects of the practice of accounting. It provides an
unmoderated environment where issues, questions, comments,
ideas, etc. related to accounting can be freely discussed.
Members are welcome to take an active role by posting to CPAS-L
or an inactive role by just monitoring the list. You qualify for
a free subscription if you are either a CPA or a professional
accountant in public accounting, private industry, government or
education. Others will be denied access. |
Yahoo
(Practitioners)
http://groups.yahoo.com/group/xyztalk
This forum is for CPAs to discuss the activities of the AICPA.
This can be anything from the CPA2BIZ portal to the XYZ
initiative or anything else that relates to the AICPA. |
AccountantsWorld
http://accountantsworld.com/forums/default.asp?scope=1
This site hosts various discussion groups on such topics as
accounting software, consulting, financial planning, fixed
assets, payroll, human resources, profit on the Internet, and
taxation. |
Business Valuation
Group
BusValGroup-subscribe@topica.com
This discussion group is headed by Randy Schostag
[RSchostag@BUSVALGROUP.COM] |
Professor Robert E. Jensen (Bob)
http://www.trinity.edu/rjensen
190 Sunset Hill Road
Sugar Hill, NH 03586
Phone: 603-823-8482
Email:
rjensen@trinity.edu