Diagnostic Tests
Most Popular Posts
Short Takes
- Lip Reading Babies: Utter nonsense!
January 17, 2012 | 8:54 pmSays psychologist David Lewkowicz of Florida Atlantic University, who led [a] study published yesterday…
’The baby in order to imitate you has to figure out how to shape their lips to make that particular sound they’re hearing,’’
Can you “figure out” why this is utter nonsense? I should as obvious as monkey see, monkey do. With this sort of thing passing for science, we are surely doomed.
- The Mark of Cain
November 9, 2011 | 3:13 amWatching Herman Cain duel with his female accusers is like watching the Jerry Springer Show. Not a pretty picture. If you partake, be sure an wash you hands afterwards.
- The Truth About Sovereign Debt
November 1, 2011 | 4:01 pmDuring the housing bubble people bet on rising home prices by taking out loans on to-good-to-be true terms and investment banking made bets on the rising home prices by lending on to-good-be-true terms. Everyone drank the Kool Aid. Prices went down. Having made bad bets, home owners should default on their loans and bankers should take their losses. This is the simple-minded logic of every-man-for-himself market economics.
The nations that joined the EU placed bets on rising economic prosperity that would come from joining the EU and adopting the Euro and borrowing from the EU banks on to-good-to-be-true terms. The EU investment bankers made speculative bets on EU member nations by lending them billions on to-good-to-be-true terms. The borrower economies went down not up. Everyone drank the Kool Aid and having made bad bets the borrowers should default on their loans and the bankers should take their losses. This too, is the simple-minded logic of every-man-for-himself market economics.
So how do the bankers hold the world hostage to their bad bets? They claim they are too big to fail. In other words, the only game they know is heads they win, tails we lose.
-
Archive for Short Takes »
- Lip Reading Babies: Utter nonsense!
Interesting Links
Wan’s Corner Cheese Market
One day the Wans decided that they knew enough about the heavenly motions to try a trip to the moon to see what it was made of. They performed a set of calculations based on their theory of the forces governing the universe and fired off a rocket with one brave Wan aboard. Their ship made it to the moon and back again. Their calculations didn’t produce perfect results, but were useful enough for a successful trip.
The Wans discovered that the moon was made of an incredibly delicious cheese and set up an immensely successful business as cheese importers. Their subsequent trips to the moon to harvest the cheese became increasingly accurate and economical as they refined their theory and methods.
Unlike the Kingdom of Wan, the Kingdom of Naw took little interest in the heavenly motions. They were happy to copy the Wan calendars and put them to good use, but they were a results-oriented society and regarded any preoccupation with lofty theoretical matters as largely a waste of time and resources. But their society was focused on the bottom-line so, when they saw the business success of the Wan cheese operation, they were determined not be left behind.
The Naws had a spy in the Kingdom of Wan who managed to get into the Wan laboratory and steal the Wan moon-shot data. The Naws copied the Wan data and procedures with the greatest of care, but when they launched their moon-shot it flew off into the void, never to be seen again. Several times again, they tried stealing the Wan’s data in order to do a moon shot. They improved their spying protocols, data acquisition abilities, and the accuracy of their copying, but to no avail. Every time they attempted another moon-shot, their ship flew off into the void.
The Wans sent a kind letter of regrets to the Naws. The Wans understood all too well and whispered to each other, “How could they know?”
“We must be guided by theory” because “There is no knowledge without theory”.
W.E. Deming
About marc
Instructional Design Consultant