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anonymous

High Fructose Corn Syrup: Tasty Toxin or Slandered Sweetener? - 0 views

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    "High fructose corn syrup (HFCS) has, over the past few decades, gradually displaced cane and beet sugar as the sweetener of choice for soft drinks, candy and prepared foods. In recent years, there have been a growing number claims that HFCS is a significant health risk to consumers, responsible for obesity, diabetes, heart disease and a wide variety of other illnesses. " By Jim Laidler at Science-Based Medicine on August 23, 2010.
anonymous

Securing The Funding - 0 views

  • This is our third visit with Sciencemaster Adler, I think you guys might have a crush on him! Let’s hope he manages to find some money soon, I am concerned for his organs and fluids at this rate. Slopes were a common thing on my college campus, I imagine all of academia must be plagued by them to some degree.
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    I think we can all identify with underfunded alien professors, right? Under the heading "Campus bookstore, inner science rings, branes of curiosity." By Jonathan Rosenberg at Scenes from a Multiverse on July 16, 2010.
anonymous

Many say the peer review system is broken. Here's how some journals are trying to fix it. - 0 views

  • But several journals, including Biology Direct, where Kaplan is an editor, have decided to eliminate anonymity from the peer review process altogether. “Under the Biology Direct model, everything is transparent, and everything is in the open,” says Eugene Koonin, one of the journal’s editors-in-chief.
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    "It's become adversarial," agrees molecular biologist Keith Yamamoto of the University of California, San Francisco, who co-chaired the National Institutes of Health 2008 working group to revamp peer review at the agency. With the competition for shrinking funds and the ever-pervasive "publish or perish" mindset of science, "peer review has slipped into a situation in which reviewers seem to take the attitude that they are police, and if they find [a flaw in the paper], they can reject it from publication." By Jef Akst at I Hate Your Paper on August 1, 2010.
anonymous

Would Tort Reform Lower Costs? - 0 views

  • Q. But critics of the current system say that 10 to 15 percent of medical costs are due to medical malpractice. A. That’s wildly exaggerated. According to the actuarial consulting firm Towers Perrin, medical malpractice tort costs were $30.4 billion in 2007, the last year for which data are available. We have a more than a $2 trillion health care system. That puts litigation costs and malpractice insurance at 1 to 1.5 percent of total medical costs. That’s a rounding error. Liability isn’t even the tail on the cost dog. It’s the hair on the end of the tail.
  • Q. What about Senator John Kerry’s assertion that it’s “doable” to rid the system of frivolous lawsuits? A. I guess it’s doable because there aren’t very many frivolous suits.
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    "On "This Week With George Stephanopoulos," Senators Orrin G. Hatch, Republican of Utah, and John Kerry, Democrat of Massachusetts, seemed to agree that medical malpractice lawsuits are driving up health care costs and should be limited in some way. "We've got to find some way of getting rid of the frivolous cases, and most of them are," Mr. Hatch said. "And that's doable, most definitely," Mr. Kerry replied. But some academics who study the system are less certain. One critic is Tom Baker, a professor of law and health sciences at the University of Pennsylvania School of Law and author of "The Medical Malpractice Myth," who believes that making the legal system less receptive to medical malpractice lawsuits will not significantly affect the costs of medical care. He spoke with the freelance writer Anne Underwood." By Anne Underwood at The New York Times on August 13, 2009.
anonymous

Tales of the Tea Party - Readers' Comments - 0 views

  • Well, if the jury is still out on Tea Party hypocrisy, then let me make a few suggestions to those of you in the Tea Party to help you avoid being called hypocrites:1. Many Tea Party members (including some commenters here) oppose the $700 billion TARP bailouts. The Obama administration said last week that the projected total costs will come in under $50 billion, and that it could possibly make money for the government when it is fully paid back. Give the Obama administration credit for reducing the costs, and praise him if the costs reach $0 or if it pays for itself.2. After decrying the "generational theft" of deficit spending, the Tea Party seems to have no problem supporting the extension of the Bush tax cuts; even for the very wealthy. Tax cuts, were the single biggest factor adding to the deficit before the recession reduced revenues. You claim to worry about their children's futures, but they're putting their kids in debt to pay for the lifestyles of today's wealthy. Admit that at least some of the tax cuts have to go.3. If the deficit is the problem, then get serious about the defense budget. Last year defense spending costed more than social security entitlements, and more then medicare and medicaid, and far more than the stimulus or TARP. And on top of it, Americans get a very low return on their investment of tax dollars in military spending. Much of the benefit is realized directly by people in other countries who enjoy greater stability. Start supporting a downsizing of the military.4. Get off of your constitutional high horse. For a bunch of people who claim to support the Constitution, they sure were reluctant to support the First Amendment rights of Muslims who wanted to build a community center near the WTC site. Don't be so quick to anger when people are trying to exercise the freedoms that you claim to cherish so much. If you really love your freedoms, you should understand why people want to exercise theirs.5. Again, concerning the Constitution: stop picking candidates that know nothing about constitutional law. If you care so much about the Constitution, why are you listening to Sarah Palin, who could not have been more wrong when she claimed that the First Amendment protected her from criticism by the media? When running for vice president, she didn't know what the constitution said about the vice presidency. How about Christine O'Donnell, who couldn't name any recent Supreme Court cases last week? These are the people you chose to represent you and your respect for the US Constitution?6. If you want small government, then actively support same-sex marriage rights. Don't want the government telling you what to do? Then you shouldn't want the government telling you whom you can and can't marry. Small government does not regulate personal decisions about whom you spend your life with, and if you are serious about small government, then you should be out there protesting for gay marriage.7. If Congress is overstepping it's powers to regulate commerce with its healthcare mandate, then get out there and support the legalization of marijuana. Attorney General Holder recently stated that if California legalizes the sale of marijuana, then he will use federal power to prosecute marijuana users for possession of the drug. This should strike you as a gross abuse of federal power in violation of state rights. Come out against Holder's threat right now and get ready to protest if he follows through with it.8. Stop claiming that you have the Founding Fathers on your side, while assailing the educated elite. The Founders were the educated elite. They were all a part of the American Philosophical Society. Many of them were knowledgeable of physics and calculus--the cutting edge sciences of their day. Everyone knows that Benjamin Franklin was a scientist. So, stop the anti-science, anti-intellectual agenda. The Founders would never have stood for that.9. Admit it, you want another Bill Clinton. Sure, the Tea Party is nostalgic for Reagan, but he oversaw a large expansion of the deficit. Government borrowing started to decline under Bush Sr. but the deficit saw massive decline, leading to surpluses under Clinton. G. W. Bush turned those surpluses back into a gaping deficit. So, why do you vote Republican? Get over Reagan and admit that your party shouldn't have tried to impeach the most fiscally conservative president in thirty years.10. And yes, as Mr. Douthat has suggested, get serious about entitlements.
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    Some great responses to Douthat's piece about the Tea Party on October 17, 2010.
anonymous

Bacteria 'R' Us - 0 views

  • Regardless of the scale at which we explore the biosphere — whether we delve into the global ocean or the internal seas of individual organisms — bacteria are now known to be larger players than humans ever imagined.
  • Strictly by the numbers, the vast majority — estimated by many scientists at 90 percent — of the cells in what you think of as your body are actually bacteria, not human cells.
  • The number of bacterial species in the human gut is estimated to be about 40,000, according to Daniel Frank and Norman Pace, writing in the January 2008 Current Opinion in Gastroenterology. The total number of individual bacterial cells in the gut is projected to be on the order of 100 trillion, according to Xing Yang and colleagues at the Shanghai Center for Bioinformation Technology, reporting in the June 2009 issue of PLoS One, a peer-reviewed online science journal. Xing calculated a ballpark figure for the number of unique bacterial genes in a human gut at about 9 million.
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  • These facts by themselves may trigger existential shock: People are partly made of pond scum.
  • For the purposes of this article, we’ll focus on the fundamental difference between two major types of life-forms: those that have a cell wall but few or no internal subdivisions, and those that possess cells containing a nucleus, mitochondria, chloroplasts and other smaller substructures, or organelles.
  • The former life-forms — often termed prokaryotes — include bacteria and the most ancient of Earth’s life-forms, the archaea.
  • The tree-of-life notion remains a reasonable fit for the eukaryotes, but emerging knowledge about bacteria suggests that the micro-biosphere is much more like a web, with information of all kinds, including genes, traveling in all directions simultaneously.
  • In principle, every bacterium can exchange genes with every other bacterium on the planet. A side effect of this reality: The notion of separate bacterial species is somewhat shaky, although the term is still in use for lack of a better alternative.
  • Even before quorum sensing was discovered in V. fischeri, scientists had noted many examples of coordinated action, such as “swarming,” in which a colony of bacteria moves as a unit across a surface, and the development of “fruiting bodies,” in which bacteria glom together to form inert spores as a means of surviving severe environmental conditions.
  • Bacteria can live solitary lives, of course, but they prefer to aggregate in biofilms, also known as “slime cities.” Biofilms usually form on a surface, whether it’s the inner lining of the intestines or inside water pipes or on your teeth. In these close-knit colonies, bacteria coordinate group production of a slimy translucent coating and fibers called “curli” and “pili” that attach the colony to something else. Biofilms can harbor multiple types of bacteria as well as fungi and protists (microscopic eukaryotes). A complex vascular system for transporting nutrients and chemical signals through a biofilm may also develop. As Tim Friend described in his book The Third Domain, explorers diving to the wreck of the Titanic found these features in “rusticles” — draped colonies of microbes — feeding on the iron in the Titanic‘s hull and skeleton, more than 2 miles under the surface.
  • The import of this distribution of microorganisms is unclear, but its existence reinforces the notion that humans should start thinking of themselves as ecosystems, rather than discrete individuals.
  • A microbe’s effects on the human body can depend on conditions. And if you approach the human body as an ecosystem, some researchers are finding, it may be possible to tune that system and prevent many diseases — from acute infections to chronic debilitating conditions — and even to foster mental health, through bacteria.
  • in practice, the medical notion of friendly microbes has yet to extend much past the idea that eating yogurt is good for you. For most doctors and medical microbiologists, microbes are enemies in a permanent war. Medicine certainly has good reason to view microbes as dangerous, since the germ theory of disease and the subsequent development of antibiotics are two of medical science’s greatest accomplishments.
  • When threatened, bacteria become defensive, often producing toxins that make the host even sicker. They also tend to speed up their acquisition of and purging of genes when under external selection pressure, of which antibiotics are an obvious and powerful example.
  • Gut bacteria play a role in obesity, which affects about a third of American adults.
  • Research in animals supports the idea that gut bacteria play a role in weight regulation.
  • bacteria produce some of the same types of neurotransmitters that regulate the function of the human brain.
  • it’s been known for a while that sick people get depressed and anxious. This seems so obvious as to be a no-brainer, but research suggests that some of the fear and fatigue associated with infections stems from immune responses affecting the brain.
  • As it turns out, however, very few bacteria can be grown in the relatively austere conditions of laboratories. In fact, only about 0.1 percent of all bacteria are currently culturable. Many bacteria don’t do well in monoculture, preferring to live in mixed communities of microorganisms. Those living in extreme temperatures and pressures require very specialized equipment to grow in a typical lab.
  • In fact, they wrote, the genes that enable these processes today “may have been distributed across a common global gene pool, before cellular differentiation and vertical genetic transmission evolved as we know it today.”
  • In other words, bacteria are supreme code monkeys that probably perfected the packages of genes and the regulation necessary to produce just about every form of life, trading genetic information among themselves long before there was anything resembling a eukaryotic cell, let alone the masters of the universe that humans believe humans to be.
  • Giovannoni stops short of claiming that bacteria are actually thinking. But the litany of bacterial talents does nibble at conventional assumptions about thinking: Bacteria can distinguish “self” from “other,” and between their relatives and strangers; they can sense how big a space they’re in; they can move as a unit; they can produce a wide variety of signaling compounds, including at least one human neurotransmitter; they can also engage in numerous mutually beneficial relationships with their host’s cells. Even more impressive, some bacteria, such as Myxococcus xanthus, practice predation in packs, swarming as a group over prey microbes such as E. coli and dissolving their cell walls.
  • These phenomena, Herbert Levine’s group argues, reveal a capacity for language long considered unique to humans.
  • That bacteria-centric argument is, of course, a hazy, metaphysical Gaian fantasy worthy of Avatar. In a more down-to-earth assessment, it is clear that bacteria are not what the general run of humans thought they were, and neither are humans.
  • The grand story of human exceptionalism — the idea that humans are separate from and superior to everything else in the biosphere — has taken a terminal blow from the new knowledge about bacteria. Whether humanity decides to sanctify them in some way or merely admire them and learn what they’re really doing, there’s no going back.
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    "Emerging research shows that bacteria have powers to engineer the environment, to communicate and to affect human well-being. They may even think." By Valerie Brown at Miller-McCune on October 18, 2010.
anonymous

Two is the magic number: a new science of creativity - 0 views

shared by anonymous on 11 Oct 10 - No Cached
  • But a new body of research has begun to show how growth and achievement emerge from relationships. The new science begins with infancy. For centuries, babies were seen as blank slates who just filled their stomachs, emptied their bowels and bladders, and cried and slept in between. As for any significant aspects of their environment, small children were seen as passive receivers. (And largely insensitive ones: For most of the 20th century, doctors routinely operated on babies without anesthesia, believing them exempt from pain.)
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    "The ultimate triumph of the idea of individualism is that it's not really seen as an idea at all. It has seeped into our mental groundwater. Basic descriptions of inter-relatedness-enabling, co-dependency-are headlines for dysfunction. The Oxford American Dictionary defines individualism as, first, "the habit or principle of being independent and self-reliant" and, second, as "a social theory favoring freedom of action for individuals over collective or state control." This lopsided contrast of "freedom" vs. "state control" is telling. Even our primary reference on meaning, the dictionary, tilts in favor of the self." By Joshua Wolf Shenk at Slate on September 14, 2010.
anonymous

Intellectual Sources of Latest Objectischism 1 - 0 views

  • The Objectivist theory of history.
  • Individuals lacking detailed knowledge of history and insight into human nature can makes assertions which, however implausible they may appear to the wise, cannot be decisively refuted.
  • One such theory is the Objectivist "philosophy of history," which claims that the course of history is largely governed by broad philosophical abstractions devised by mankinds "greatest" philosophers
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  • Explaining these things is important for a very simple reason. The very fact that Rand's political and ethical preferences have not fared well in the past would seem to constitute evidence that they are not likely to fare well in the future.
  • Rand tries to solve these problems by asserting that the failure of self-interest and laissez-faire ultimately stems from a "concerted attack on man's conceptual faculty," itself a product of the failure of modern philosphers to solve the "problem of universals."
  • The Objectivist caricatures of great philosophers constituted a major intellectual embarrassment which made Rand's philosophy a tough sell, even among those scholars who might otherwise have been inclined to give it a place at the academic trough.
  • There is the claim (p. 59) that “modern philosophers declare that axioms are a matter of arbitrary choice.” (no substantiation or reference is provided). There is the claim (p. 52) that “It is Aristotle who identified the fact that only concretes exist”. (Any of you Aristotle scholars want to wade in here with a brief account of particulars vs. concretes?) And none of this comes with even a hint of specific attribution that would allow a reader to evaluate it. The closest she gets is along the lines of (p. 60) “For example, see the works of Kant and Hegel.” Now that really narrows it down.
  • Objectivism's shoddy scholarship -- its egregious tendency to make extravagently controversial claims based either on bad evidence or no evidence -- is bound to attract unfavorable attention.
  • Rand and her disciples, afflicted with the sort of monomaniacal confirmation bias that tends to govern most ideologues, were ever vigilant for even the most negligible "evidence" of Kant's irrationality nibbling away at the host organism.
  • Many of the leading theories and concepts in physics were couched in terms calculated to arouse Rand's ire, such as Theory of Relativity, Uncertainty Principle, observer effect, wave-particle duality, etc. Such terms suggested a discipline awash in the horrors of Kantian subjectivity. An exorcism, involving rigorous Objectivist criticism, seemed called for. But there were no Objectivists up to the task, none having the requisite "expertise" in physics -- none, that is, until David Harriman arrived on the scene.
  • At the core of Objectivism there has long been a tension between Rand's pretense to rationality and reason and some of her fundamental beliefs, which are neither rational nor in line with the best scientific evidence.
  • Among the Objectivist faithful, there exists a genuine admiration of hard science, which is regarded as an exemplar of "reason," that holy of holies within the Objectivist ideology.
  • What makes the email particularly hard to swallow for the Objectivist faithful was its blatantly irrational appeal to naked authority and its contempt for rational discourse.
  • once an Objectivist manages (often against great odds) to secure an academic position, he finds himself beholden to two masters. On the one hand, he must remain ideological pure in the eyes of the Objectivist cognescenti over at ARI, and on the other, he must maintain a facade of professorial respectability among his colleagues within academia.
  • In disciplines where no strict consensus holds sway, this may not be so very difficult; but in the hard sciences, challenging the consensus on the basis of poor or non-existent scholarship is rarely tolerated.
  • As long as Objectivism continues to hold to its bosom positions about human nature and history that run foul of experimental psychology and historical scholarship, these rifts will continue to widen. There's no escaping it. Yet there is another problem that may prove, in the end, even more intractable. Objectivism has no way of rationally settling conflicts that arise among its denizens. This subject I will explore in my next post.
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    "Since the McCaskey schism is (as Daniel Barnes has noted) largely arose from "philosophical" issues, it might be illuminating to go over the sources of this particular intellectual imbroglio. There are, as far I can ascertain, three main sources: (1) The Objectivist theory of history (2) The Objectivist concept of "reason" (3) The Problem of Induction Since Daniel has already covered No. 3, that leaves us with the first two. In this post I'll cover No. 1." By Greg Nyquist at Ayn Rand Contra Human Nature on November 16, 2010.
anonymous

Stepping off the narrow path of reality - 0 views

  • You might think that believing in Santa Claus is a lot sillier than believing in homeopathy, but really they’re the same: they’re both fantasy.
  • For support in this thesis of mine, I present to you an article in the New York Times about how politicians who attack evolution legislatively are now also attacking global warming.
  • But the other reason I’m not surprised is that, over the past decade or so in particular, we’ve seen the far right promote fantasy over reality. Abstinence-only education, creationism, global warming denialism, defunding stem cell research, the mocking of volcano research, fruit fly research, planetarium star projectors.
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  • It shows to me that once you buy into one flavor of candy-coated nonsense, they all start to taste pretty good.
anonymous

'Counterfactual' thinkers are more motivated and analytical, study suggests - 0 views

  • Armed with a sense that life may not be arbitrary, counterfactual thinkers are more motivated and analytical in organizational settings, the study suggests.
  • "From What Might Have Been to What Must Have Been: Counterfactual Thinking Creates Meaning" was published in the Journal of Personality and Social Psychology in January 2010
  • it is actually very functional in terms of helping people establish relationships and make sense of cause and effect
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  • people who think counterfactually and find meaning in their lives are more apt to believe life is not a product of chance and that they can make valuable choices.
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    From Science Daily on February 9, 2010.
anonymous

Enter the nano-spiders - independent walking robots made of DNA - 0 views

  • Two spiders are walking along a track – a seemingly ordinary scene, but these are no ordinary spiders. They are molecular robots and they, like the tracks they stride over, are fashioned from DNA. One of them has four legs and marches over its DNA landscape, turning and stopping with no controls from its human creators. The other has four legs and three arms – it walks along a miniature assembly line, picking up three pieces of cargo from loading machines (also made of DNA) and attaching them to itself. All of this is happening at the nanometre scale, far beyond what the naked eye can discern. Welcome to the exciting future of nanotechnology.
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    By Ed Yong under "Not Exactly Rocket Science" at Discover Magazine on May 12, 2010.
anonymous

Difference Between Economics and Finance - 0 views

  • Finance is a fund management science.
  • Economics is a social science.
  • The main difference between economics and finance is that finance focuses entirely on the maximization of wealth. On contrary to the finance, economics focuses on the optimization of valued goals.
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  • If we understand the facts this way we can say that finance is a subset of economics.
anonymous

Despite apparent Iran setback, Turkey expands its reach - 0 views

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    By Scott Peterson at Christian Science Monitor on May 19, 2010. Thanks to Ed Webb for the pointer.
anonymous

Ten Reasons We Are Seeing An Excess of Lists of Ten Things We Should Know - 0 views

  • Lately I’ve noticed lots of articles with titles that are variations of “Ten Things You Should Know About X.”
  • 1. We don’t have time to read anymore.
  • 2. Ten is close to the approximate size of our working memory.
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  • 3. Since writers can’t make a living any more, we are sliding into an era of bullet point-ism.
  • 4. In many cases, there’s more than ten things that you should know, or fewer than ten things that you should know.
  • 5. It’s a way for pentadactyl animals to feel superior to unidactyl animals.
  • 6. At this point in the list, with four more to go, we enter the fat and boring midsection of the list of top ten things you should know about lists of ten things. It’s basically not remembered, so there’s really no point in putting anything here. Ditto for 7, and 8.
  • 9. Because of the well documented recency effect, it’s time to start having content in our list of ten things again.
  • 10. If we’ve maintained our concentration to this point in the list, we will be rewarded with a bit of humorous fluff that helps bind some of our anxiety about the essential meaninglessness of our lives, and — especially — our time spent on reading yet another list of ten things we should know.
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    Basically, we like numbers and bloggers have been told for years to create titles like that to generate hits. But, there's more. By Malcolm MacIver (at Science Not Fiction) in Discover Magazine.
anonymous

Magritte's Smile - 0 views

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    "In our design field we often talk about the future, about the world in 2030 or 2050. Some really far-fetching future experts can venture into the year 2100 or maybe even 2500. I think, only once I read some science fiction, which took place around the Year 7000. It was pretty weird stuff already.  But 192370?" From Oh Boym!
anonymous

How your immune system fires off electrons to repair DNA damage - 0 views

  • One regular offender is the cyclobutane pyrimidine dimer. It's a bulbous ring attached to the elegant double helix of the DNA strand. It latches on to the damaged parts of DNA and is replicated along with them, causing widespread damage. Once it gets started, it can grow until it takes over the system.
  • Fortunately, help is on the way, in the form of an enzyme called photolyase.
  • Photolyase floats around the body, looking for encroachment from the dark side. This enzyme powers itself up using blue light, and then shoots out an electron.
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  • Homegrown resistance speeds it along its way. A molecule in the ring allows the electron to move faster along the ring than it could by hoping through the gap in the middle.
  • The whole process takes less than a hundred trillionths of a second, and when the photolyase hits all the right spots with its electron, the ring is blasted away and the DNA repairs itself to form a perfect strand.
  • Photolyase runs through fish and reptilian systems, but is unknown in mammals. Scientists are now trying to find a way to synthesize and mass-produce this enzyme, so that one day we might be able to repair our DNA with a simple lotion.
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    Scientists have found out how a famous sunburn-healing enzyme works. The way it zaps DNA damage sounds so science fictional that it seems like something that happened a long time ago, in a galaxy far, far away.
anonymous

Drew Westen's Nonsense - 0 views

  • Westen locates Obama's inexplicable failure to properly use his storytelling power in some deep-rooted aversion to conflict. He fails to explain why every president of the postwar era has compromised, reversed, or endured the total failure of his domestic agenda.
  • Yes, even George W. Bush and Ronald Reagan infuriated their supporters by routinely watering down their agenda or supporting legislation utterly betraying them, and making rhetorical concessions to the opposition.
  • First, Roosevelt did not take office "in similar circumstances." He took office three years into the Great Depression, after the economy had bottom out, and immediately presided over rapid economic growth (unemployment plunged from a high of 24.9% in 1933 to 14.3% in 1937.)
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  • As you can see, Roosevelt generally enjoyed broad public support despite having no success at persuading Americans to share his Keynesian view.
  • Roosevelt's fortunes are a testament to the degree to which political conditions are shaped by the state of the economy.
  • Obama took office at the cusp of a massive worldwide financial crisis that was bound to inflict severe damage on himself and his party. That he faced such difficult circumstances does not absolve him of blame for any failures. It sets the bar lower, but the bar still exists. How should we judge Obama against it?
  • I would argue that both the legislative record of 2009-2010 and Obama's personal popularity level exceed the expectation level -- facing worse economic conditions than the last two Democratic presidents at a similar juncture, Obama is far more popular than Jimmy Carter and nearly as popular as Bill Clinton, and vastly more accomplished than both put together.
  • He blames Obama for the insufficiently large stimulus without even mentioning the role of Senate moderate Republicans, whose votes were needed to pass it, in weakening the stimulus.
  • A foreign reader unfamiliar with our political system would come away from Westen's op-ed believing Obama writes laws by fiat.
  • In fact, the budget agreement does not include any entitlement cuts. It consists of cuts to domestic discretionary (i.e., non-entitlement spending.)
  • Likewise, he implies that Obama supported the undermining of the coverage expansion in his health care reform by cutting Medicaid
  • This is also totally false. The budget agreement contains no cuts to Medicaid or to state budgets. The automatic cuts that would go in effect should Congress fail to agree on a second round of deficit reduction exempt Medicaid.
  • Westen is apparently unaware, to take one example, that Obama repeatedly and passionately argued for universal coverage.
  • If even a professional follower of political rhetoric like Westen never realized basic, repeated themes of Obama's speeches and remarks, how could presidential rhetoric -- sorry, "storytelling" -- be anywhere near as important as he claims? The clear reality is that Americans pay hardly any attention to what presidents say, and what little they take in, they forget almost immediately. Even Drew Westen.
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    "Westen's op-ed rests upon a model of American politics in which the president in the not only the most important figure, but his most powerful weapon is rhetoric. The argument appears calculated to infuriate anybody with a passing familiarity with the basics of political science."
anonymous

Compartmentalizing Versus Smooshing - 0 views

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    "Did you see the story of the respected surgeon who got in trouble for writing an editorial about the alleged benefits of semen exposure to women? His writing started out all science-like, and referred to an actual study, but concluded with an attempt at humor that went off the tracks. He closed his editorial with "So there's a deeper bond between men and women than St. Valentine would have suspected, and now we know there's a better gift for that day than chocolates." Apparently the study he was discussing is in dispute. But that's not the real issue. Women saw his closing witticism as demeaning. The surgeon, who has a strong record as a mentor and advocate of women in a male-dominated profession, was asked to step down as editor in chief of the surgeon's newspaper. He apologized for his editorial, but that didn't help. "
anonymous

The Ideological Turing Test, Bryan Caplan | EconLog | Library of Economics and Liberty - 0 views

  • [I]f you ask a liberal or a saltwater economist, "What would somebody on the other side of this divide say here? What would their version of it be?" A liberal can do that. A liberal can talk coherently about what the conservative view is because people like me actually do listen. We don't think it's right, but we pay enough attention to see what the other person is trying to get at. The reverse is not true. You try to get someone who is fiercely anti-Keynesian to even explain what a Keynesian economic argument is, they can't do it. They can't get it remotely right. Or if you ask a conservative, "What do liberals want?" You get this bizarre stuff - for example, that liberals want everybody to ride trains, because it makes people more susceptible to collectivism.
  • It's easy to scoff at Krugman's self-congratulation, but at the meta-level, he's on to something.
    • anonymous
       
      Let's see about that...
  • There are important caveats.  Don Boudreaux wisely observes that we should compare liberal intellectuals to non-liberal intellectuals, and liberal entertainers to non-liberal entertainers, not say Krugman to Beck.  I'd add that we should compare people in the same field: Rand's inability to explain Keynesian economics would be no more telling than Krugman's inability to explain Nozickian political philosophy.  (Of course, if Krugman could correctly explain Nozickian political philosophy, that would be fairly impressive).
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  • Set up a rough-and-ready ideological Turing Test.  I'll take it first.  Then invite Krugman to make me eat my words.
  • How?  Here's just one approach.  Put me and five random liberal social science Ph.D.s in a chat room.  Let liberal readers ask questions for an hour, then vote on who isn't really a liberal.  Then put Krugman and five random libertarian social science Ph.D.s in a chat room.  Let libertarian readers ask questions for an hour, then vote on who isn't really a libertarian.  Simple as that.
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    I still don't know what to make of this, but it's worth investigating, if only to put it to rest or flog it with a whip made of angry horses. "According to Krugman, liberals have the ability to simulate conservatives, but conservatives lack the ability to simulate liberals" Thanks to Adam Gurri for nudging me toward this line of inquiry.
anonymous

A Brief History of the Corporation: 1600 to 2100 - 1 views

  • In its 400+ year history, the corporation has achieved extraordinary things, cutting around-the-world travel time from years to less than a day, putting a computer on every desk, a toilet in every home (nearly) and a cellphone within reach of every human.  It even put a man on the Moon and kinda-sorta cured AIDS.
  • The Age of Corporations is coming to an end. The traditional corporation won’t vanish, but it will cease to be the center of gravity of economic life in another generation or two.  They will live on as religious institutions do today, as weakened ghosts of more vital institutions from centuries ago.
  • this post is mostly woven around ideas drawn from five books that provide appropriate fuel for this business-first frame. I will be citing, quoting and otherwise indirectly using these books over several future posts
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  • For a long time, I was misled by the fact that 90% of the available books frame globalization and the emergence of modernity in terms of the nation-state as the fundamental unit of analysis, with politics as the fundamental area of human activity that shapes things.
  • But the more I’ve thought about it, the more I’ve been pulled towards a business-first perspective on modernity and globalization.
  • The human world, like physics, can be reduced to four fundamental forces: culture, politics, war and business.
  • Culture is the most mysterious, illegible and powerful force.
  • But one quality makes gravity dominate at large space-time scales: gravity affects all masses and is always attractive, never repulsive.  So despite its weakness, it dominates things at sufficiently large scales. I don’t want to stretch the metaphor too far, but something similar holds true of business.
  • On the scale of days or weeks, culture, politics and war matter a lot more in shaping our daily lives.
  • Business though, as an expression of the force of unidirectional technological evolution, has a destabilizing unidirectional effect. It is technology, acting through business and Schumpeterian creative-destruction, that drives monotonic, historicist change, for good or bad. Business is the locus where the non-human force of technological change sneaks into the human sphere.
  • Culture is suspicious of technology. Politics is mostly indifferent to and above it. War-making uses it, but maintains an arms-length separation.
  • Business? It gets into bed with it. It is sort of vaguely plausible that you could switch artists, politicians and generals around with their peers from another age and still expect them to function. But there is no meaningful way for a businessman from (say) 2000 BC to comprehend what Mark Zuckerberg does, let alone take over for him. Too much magical technological water has flowed under the bridge.
  • It is business that creates the world of magic, not technology itself. And the story of business in the last 400 years is the story of the corporate form.
  • There are some who treat corporate forms as yet another technology (in this case a technology of people-management), but despite the trappings of scientific foundations (usually in psychology) and engineering synthesis (we speak of organizational “design”), the corporate form is not a technology.  It is the consequence of a social contract like the one that anchors nationhood. It is a codified bundle of quasi-religious beliefs externalized into an animate form that seeks to preserve itself like any other living creature.
  • What was new was the idea of a publicly traded joint-stock corporation, an entity with rights similar to those of states and individuals, with limited liability and significant autonomy
  • two important points about this evolution of corporations.
  • The first point is that the corporate form was born in the era of Mercantilism, the economic ideology that (zero-sum) control of land is the foundation of all economic power.
  • In politics, Mercantilism led to balance-of-power models.
  • In business, once the Age of Exploration (the 16th century) opened up the world, it led to mercantilist corporations focused on trade
  • The forces of radical technological change — the Industrial Revolution — did not seriously kick until after nearly 200 years of corporate evolution (1600-1800) in a mercantilist mold.
  • Smith was both the prophet of doom for the Mercantilist corporation, and the herald of what came to replace it: the Scumpeterian corporation.
  • The corporate form therefore spent almost 200 years — nearly half of its life to date — being shaped by Mercantilist thinking, a fundamentally zero-sum way of viewing the world.
  • It was not until after the American Civil War and the Gilded Age that businesses fundamentally reorganized around (as we will see) time instead of space, which led, as we will see, to a central role for ideas and therefore the innovation function.
  • The Black Hills Gold Rush of the 1870s, the focus of the Deadwood saga, was in a way the last hurrah of Mercantilist thinking. William Randolph Hearst, the son of gold mining mogul George Hearst who took over Deadwood in the 1870s, made his name with newspapers. The baton had formally been passed from mercantilists to schumpeterians.
    • anonymous
       
      So, Mercantilism was about colonizing space. Corporatism is about colonizing time. This is a pretty useful (though arguably too-reductionist) way to latch on to the underpinning of later thoughts.
  • This divide between the two models can be placed at around 1800, the nominal start date of the Industrial Revolution, as the ideas of Renaissance Science met the energy of coal to create a cocktail that would allow corporations to colonize time.
  • The second thing to understand about the evolution of the corporation is that the apogee of power did not coincide with the apogee of reach.
  • for America, corporations employed less than 20% of the population in 1780, and over 80% in 1980, and have been declining since
  • Certainly corporations today seem far more powerful than those of the 1700s, but the point is that the form is much weaker today, even though it has organized more of our lives. This is roughly the same as the distinction between fertility of women and population growth: the peak in fertility (a per-capita number) and peak in population growth rates (an aggregate) behave differently.
  • a useful 3-phase model of the history of the corporation: the Mercantilist/Smithian era from 1600-1800, the Industrial/Schumpeterian era from 1800 – 2000 and finally, the era we are entering, which I will dub the Information/Coasean era
    • anonymous
       
      I think it would be useful to map these eras against the backdrop of my previously established Generational timeline (as well as the StratFor 50-year cycle breakdown) in order to see if there are any self-supporting model elements.
  • By a happy accident, there is a major economist whose ideas help fingerprint the economic contours of our world: Ronald Coase.
  • To a large extent, the history of the first 200 years of corporate evolution is the history of the East India Company. And despite its name and nation of origin, to think of it as a corporation that helped Britain rule India is to entirely misunderstand the nature of the beast.
  • Two images hint at its actual globe-straddling, 10x-Walmart influence: the image of the Boston Tea Partiers dumping crates of tea into the sea during the American struggle for independence, and the image of smoky opium dens in China. One image symbolizes the rise of a new empire. The other marks the decline of an old one.
  • At a broader level, the EIC managed to balance an unbalanced trade equation between Europe and Asia whose solution had eluded even the Roman empire.
  • For this scheme to work, three foreground things and one background thing had to happen: the corporation had to effectively take over Bengal (and eventually all of India), Hong Kong (and eventually, all of China, indirectly) and England.
  • The background development was simpler. England had to take over the oceans and ensure the safe operations of the EIC.
  • eventually, as the threat from the Dutch was tamed, it became clear that the company actually had more firepower at its disposal than most of the nation-states it was dealing with. The realization led to the first big domino falling, in the corporate colonization of India, at the battle of Plassey.
  • The EIC was the original too-big-to-fail corporation. The EIC was the beneficiary of the original Big Bailout. Before there was TARP, there was the Tea Act of 1773 and the Pitt India Act of 1783. The former was a failed attempt to rein in the EIC, which cost Britain the American Colonies.  The latter created the British Raj as Britain doubled down in the east to recover from its losses in the west. An invisible thread connects the histories of India and America at this point. Lord Cornwallis, the loser at the Siege of Yorktown in 1781 during the revolutionary war, became the second Governor General of India in 1786.
  • But these events were set in motion over 30 years earlier, in the 1750s. There was no need for backroom subterfuge.  It was all out in the open because the corporation was such a new beast, nobody really understood the dangers it represented.
  • there was nothing preventing its officers like Clive from simultaneously holding political appointments that legitimized conflicts of interest. If you thought it was bad enough that Dick Cheney used to work for Halliburton before he took office, imagine if he’d worked there while in office, with legitimate authority to use his government power to favor his corporate employer and make as much money on the side as he wanted, and call in the Army and Navy to enforce his will. That picture gives you an idea of the position Robert Clive found himself in, in 1757.
  • The East India bubble was a turning point.
  • Over the next 70 years, political, military and economic power were gradually separated and modern checks and balances against corporate excess came into being.
  • It is not too much of a stretch to say that for at least a century and a half, England’s foreign policy was a dance in Europe in service of the EIC’s needs on the oceans.
  • Mahan’s book is the essential lens you need to understand the peculiar military conditions in the 17th and 18th centuries that made the birth of the corporation possible.)
  • The 16th century makes a vague sort of sense as the “Age of Exploration,” but it really makes a lot more sense as the startup/first-mover/early-adopter phase of the corporate mercantilism. The period was dominated by the daring pioneer spirit of Spain and Portugal, which together served as the Silicon Valley of Mercantilism. But the maritime business operations of Spain and Portugal turned out to be the MySpace and Friendster of Mercantilism: pioneers who could not capitalize on their early lead.
  • Conventionally, it is understood that the British and the Dutch were the ones who truly took over. But in reality, it was two corporations that took over: the EIC and the VOC (the Dutch East India Company,  Vereenigde Oost-Indische Compagnie, founded one year after the EIC) the Facebook and LinkedIn of Mercantile economics respectively. Both were fundamentally more independent of the nation states that had given birth to them than any business entities in history. The EIC more so than the VOC.  Both eventually became complex multi-national beasts.
  • arguably, the doings of the EIC and VOC on the water were more important than the pageantry on land.  Today the invisible web of container shipping serves as the bloodstream of the world. Its foundations were laid by the EIC.
    • anonymous
       
      There was an excellent episode of the original Connections series that pointed this out, specifically focusing on the Dutch boats and the direct line to container ships and 747 cargo planes.
  • A new idea began to take its place in the early 19th century: the Schumpeterian corporation that controlled, not trade routes, but time. It added the second of the two essential Druckerian functions to the corporation: innovation.
  • I call this the “most misleading table in the world.”
  • corporations and nations may have been running on Mercantilist logic, but the undercurrent of Schumpeterian growth was taking off in Europe as early as 1500 in the less organized sectors like agriculture. It was only formally recognized and tamed in the early 1800s, but the technology genie had escaped.
  • The action shifted to two huge wildcards in world affairs of the 1800s: the newly-born nation of America and the awakening giant in the east, Russia. Per capita productivity is about efficient use of human time. But time, unlike space, is not a collective and objective dimension of human experience. It is a private and subjective one. Two people cannot own the same piece of land, but they can own the same piece of time.  To own space, you control it by force of arms. To own time is to own attention. To own attention, it must first be freed up, one individual stream of consciousness at a time.
  • The Schumpeterian corporation was about colonizing individual minds. Ideas powered by essentially limitless fossil-fuel energy allowed it to actually pull it off.
  • it is probably reaosonably safe to treat the story of Schumpeterian growth as an essentially American story.
  • In many ways the railroads solved a vastly speeded up version of the problem solved by the EIC: complex coordination across a large area.  Unlike the EIC though, the railroads were built around the telegraph, rather than postal mail, as the communication system. The difference was like the difference between the nervous systems of invertebrates and vertebrates.
  • If the ship sailing the Indian Ocean ferrying tea, textiles, opium and spices was the star of the mercantilist era, the steam engine and steamboat opening up America were the stars of the Schumpeterian era.
  • The primary effect of steam was not that it helped colonize a new land, but that it started the colonization of time. First, social time was colonized. The anarchy of time zones across the vast expanse of America was first tamed by the railroads for the narrow purpose of maintaining train schedules, but ultimately, the tools that served to coordinate train schedules: the mechanical clock and time zones, served to colonize human minds.  An exhibit I saw recently at the Union Pacific Railroad Museum in Omaha clearly illustrates this crucial fragment of history:
  • For all its sophistication, the technology of sail was mostly a very-refined craft, not an engineering discipline based on science.
  • Steam power though was a scientific and engineering invention.
  • Scientific principles about gases, heat, thermodynamics and energy applied to practical ends, resulting in new artifacts. The disempowerment of craftsmen would continue through the Schumpeterian age, until Fredrick Taylor found ways to completely strip mine all craft out of the minds of craftsmen, and put it into machines and the minds of managers.
  • It sounds awful when I put it that way, and it was, in human terms, but there is no denying that the process was mostly inevitable and that the result was vastly better products.
  • The Schumpeterian corporation did to business what the doctrine of Blitzkrieg would do to warfare in 1939: move humans at the speed of technology instead of moving technology at the speed of humans.
  • Blitzeconomics allowed the global economy to roar ahead at 8% annual growth rates instead of the theoretical 0% average across the world for Mercantilist zero-sum economics. “Progress” had begun.
  • Two phrases were invented to name the phenomenon: productivity meant shrinking autonomously-owned time. Increased standard of living through time-saving devices became code for the fact that the “freed up” time through “labor saving” devices was actually the de facto property of corporations. It was a Faustian bargain.
  • Many people misunderstood the fundamental nature of Schumpeterian growth as being fueled by ideas rather than time. Ideas fueled by energy can free up time which can then partly be used to create more ideas to free up more time. It is a positive feedback cycle,  but with a limit. The fundamental scarce resource is time. There is only one Earth worth of space to colonize. Only one fossil-fuel store of energy to dig out. Only 24 hours per person per day to turn into capitive attention.
  • Then the Internet happened, and we discovered the ability to mine time as fast as it could be discovered in hidden pockets of attention. And we discovered limits. And suddenly a new peak started to loom: Peak Attention.
  • There is certainly plenty of energy all around (the Sun and the wind, to name two sources), but oil represents a particularly high-value kind. Attention behaves the same way.
  • Take an average housewife, the target of much time mining early in the 20th century. It was clear where her attention was directed. Laundry, cooking, walking to the well for water, cleaning, were all obvious attention sinks. Washing machines, kitchen appliances, plumbing and vacuum cleaners helped free up a lot of that attention, which was then immediately directed (as corporate-captive attention) to magazines and television.
  • The point isn’t that we are running out of attention. We are running out of the equivalent of oil: high-energy-concentration pockets of easily mined fuel.
  • There is a lot more money to be made in replacing hand-washing time with washing-machine plus magazine time, than there is to be found in replacing one hour of TV with a different hour of TV.
  • . To get to Clay Shirky’s hypothetical notion of cognitive surplus, we need Alternative Attention sources. To put it in terms of per-capita productivity gains, we hit a plateau.
  • When Asia hits Peak Attention (America is already past it, I believe), absolute size, rather than big productivity differentials, will again define the game, and the center of gravity of economic activity will shift to Asia.
  • Once again, it is the oceans, rather than land, that will become the theater for the next act of the human drama. While American lifestyle designers are fleeing to Bali, much bigger things are afoot in the region. And when that shift happens, the Schumpeterian corporation, the oil rig of human attention, will start to decline at an accelerating rate. Lifestyle businesses and other oddball contraptions — the solar panels and wind farms of attention economics — will start to take over.
  • It will be the dawn of the age of Coasean growth.
  • Coasean growth is not measured in terms of national GDP growth. That’s a Smithian/Mercantilist measure of growth. It is also not measured in terms of 8% returns on the global stock market.  That is a Schumpeterian growth measure. For that model of growth to continue would be a case of civilizational cancer (“growth for the sake of growth is the ideology of the cancer cell” as Edward Abbey put it).
  • Coasean growth is fundamentally not measured in aggregate terms at all. It is measured in individual terms. An individual’s income and productivity may both actually decline, with net growth in a Coasean sense.
  • How do we measure Coasean growth? I have no idea. I am open to suggestions. All I know is that the metric will need to be hyper-personalized and relative to individuals rather than countries, corporations or the global economy. There will be a meaningful notion of Venkat’s rate of Coasean growth, but no equivalent for larger entities.
  • The fundamental scarce resource that Coasean growth discovers and colonizes is neither space, nor time. It is perspective.
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    This is a lay friendly, amateur, mental exploration of the Corporation. It's also utterly absorbing and comes with the usual collection of caveats that we amateurs are accustomed to rattling off when we dunk ourselves into issues much bigger than ourselves. Thanks to BoingBoing, via Futurismic, for the pointer: http://www.boingboing.net/2011/06/23/a-brief-history-of-t.html http://futurismic.com/2011/06/22/a-brief-history-of-the-corporation-1600-to-2100/ "The year was 1772, exactly 239 years ago today, the apogee of power for the corporation as a business construct. The company was the British East India company (EIC). The bubble that burst was the East India Bubble. Between the founding of the EIC in 1600 and the post-subprime world of 2011, the idea of the corporation was born, matured, over-extended, reined-in, refined, patched, updated, over-extended again, propped-up and finally widely declared to be obsolete. Between 2011 and 2100, it will decline - hopefully gracefully - into a well-behaved retiree on the economic scene."
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