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Economics:

Personal genomics bubble bursting?  permlink

Category: Economics

Changes in the world of personal genomics. Dan MacArthur has the details on 23andMe changing up its offerings, perhaps signalling that the money gush is long over. And deCode is finally dead. Of course, just because the .com bubble burst...

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Malcolm Gladwell  permlink

Category: Culture

First, in The New Republic, Malcolm Gladwell's Secret Of Success: The first sentence here is a classically Gladwellian assertion about what the rest of us think. The rest of the paragraph consists of, more or less, made up numbers and...

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The Devil's Helpers  permlink

Category: Economics

Two Are Charged With Helping Madoff Falsify Records: Two computer programmers who worked for Bernard L. Madoff's brokerage firm were arrested on Friday on criminal charges of helping perpetuate his long-running Ponzi scheme. The two men -- Jerome O'Hara of...

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To crush your enemies, and steal their cattle for your sons!  permlink

Category: Culture

As I gave a nod to statistical tricks and subtle shell games very recently, the material I review subsequently should be viewed with skepticism and caution. A few days ago I also pointed to a paper which describes and models...

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Old tricks never die  permlink

Category: Culture

This critique by Ted Goertzl, Myths of Murder and Multiple Regression, is making the rounds. It made me think of this old apocryphal story: There is a famous anecdote inspired by Euler's arguments with secular philosophers over religion, which is...

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UNICEF, boo!   permlink

Category: Culture

What's different about Kiva: Contrast Kiva with, for example, UNICEF. Kiva makes it possible to trace the path of your donation, to the extent that such tracing is realistic (and it largely turns out to be more along the lines...

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The best & the brightest capturing their value-add  permlink

Category: Culture

In the interminable debate on Wall Street compensation Ryan Avent makes an important point: Officials in Washington scrutinising the pay packages of TARP recipients are primarily focused on the incentive effects of those pay structures--whether financial pay packages are inducing...

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Going for the pain of paying  permlink

Category: Culture

For Gun-Shy Consumers, Debit Is Replacing Credit: Visa announced this spring that spending on Visa debit cards in the United States surpassed credit for the first time in the company's history. In 2008, debit payment volume was $206 billion, compared...

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