The Terminator's Grandad
It has been my view for some time that we are now living in the Science Fiction era. Not just reading Science Fiction or watching it in the movies, but actually living it.
Check this out. Wow, wow, wow!
HT: Michael Nielsen
Andy's blog.
It has been my view for some time that we are now living in the Science Fiction era. Not just reading Science Fiction or watching it in the movies, but actually living it.
When it comes to comments on YouTube videos, normally I'm with Randy Munroe. However, I enjoyed this comment on this short lecture about the Laffer curve:
"The Vampire Curve" -- an economic video for vampires desiring to figure out how much blood they can suck out of their victims without killing them or reducing tomorrow's blood supply.Via Cafe Hayek.
According to Tim Harford:
...each extra 10 minutes a man spends in front of the mirror will raise his wages by 6 per cent.Andy's conversation with his boss on Monday:
When I first joined this company, I spent five minutes per day in front the mirror. Now it's up to an hour and three quarters. Isn't it about time this was reflected in my compensation package.
Via Boing Boing, I have just learned of a new art form. Go and read the Amazon reviews of the Bic ballpoint pen. Seriously. And milk too.
Comment of the week comes from Brad Hutchings on this post, after Bryan Caplan's The Myth of the Rational Voter is reviewed on Amazon by one of the book's protagonists:
So Bryan, did you invite this guy to the photo shoot for the paperback cover yet?
I'm off work just now and too ill to leave the house. So, to fill time, I've finally got round to learning Lebesgue integration.
I loved this:
...by grabbing tissues and toothpicks, they are holding back the forces of communism. I dimly recall – but have not been able to confirm - that Lenin held up free condiments as an example of the way goods could be free and yet not rationed. It is up to right-thinking people to prove him wrong by walking off with the entire stock.Now, whenever someone offers me the opportunity to free-ride at his own expense, I can take him to the cleaners with a clear conscience, for the sake of our precious bodily fluids.
By grabbing toothpicks, your friends are chipping away not only at bits of salad but at the ideological foundations of communism. They deserve your support.
I've just sent the following cheeky email to Tim Harford:
Dear Tim,I'll let you know if he replies.
I read with interest your most recent “Dear Economist” reply to the student concerned about his lazy economics lecturer.
You advised that were he to blow the whistle on his lecturer, he should keep it in-house, lest any potential employer find out and refuse to hire him on the basis that his degree is a sham. But isn't the efficient market outcome the one that would occur if all parties had access to all the information that is available, and by encouraging him to conceal the fraudulent nature of his degree you are imposing a cost on his future employer greater than the benefit the student would receive?
Why are you favouring the welfare of the student at the greater cost to the rest of society in this way? I wonder if your reply is revealing information about the details of your remuneration package. Do you, perhaps, receive payment directly from your correspondents? Will I be billed for sending you this note?
Apologies if my questions are too intrusive.
Regards,
Andy.
Dear Andy,
Good question, but I'm sure you have by now realised that "Dear
Economist" seeks to advise my correspondents, not save the world...
Thanks for writing.
Best
Tim Harford
Don't worry. We're not going to stitch you up. We're not like the London police.What's Andy talking about? He'll have to tell you some other time.
...of the overcrowding argument against free immigration:
You might think of overcrowding as a spillover cost of population growth, but in fact overcrowding is not a cost at all, because it's one hundred percent voluntary.Simply substitute "population growth" with "immigration".
I don't think I've ever articulated this to anyone, but ever since I was an adolescent myself, I have believed that everything that everyone else believed about adolescence is utterly, utterly wrong. It's gratifying to find someone who can confirm my prejudices.
Let me explain why.
The public loves to hear a story of academics shocked, just shocked, by new findings. But there is an obvious bias: we hear lots of stories about data forcing estimates to be earlier, but hardly ever stories about data forcing estimates to be later.The important point to bear in mind is this:
Given continued new earliest fossil finds, it is quite unreasonable to estimate that the earliest behavior started about the time of the earliest known fossil.
I should note that our best estimate for anything should always follow a random walk; any systematic deviation from such a random walk suggests bias.Now, I first read 1984 in 1989 in my final year at school. One thing that was frequently remarked upon at the time was that the dystopia that Orwell warned about had not come to pass. If Orwell was trying to predict the future, he got it wrong. He may have successfully predicted the Cold War, but the state did not keep its subjects under constant surveillance, thought was still free and the people did not live in fear of being disappeared and tortured for petty offences against party dogma. My assumption, therefore, was that we didn't really have much to worry about, even though my English teacher did remark at the time that the world could still go that way.
Last week, a friend of mine moved to Dublin. Another friend will be moving to New York soon. It is quite likely that they will want to visit each other. If so, they will need directions to find each other. Fortunately, Google Maps can provide the fastest route.
I have a post up at Transport Blog.
"Oh no! I've been waiting all this time for the commercials so that I could go and have a fag*. But this is the BBC isn't it? F****** BBC and its f****** licence fee. Don't they realise that some of us need commercials?"*Despite being American, he was using the term in its British sense.
"Welcome to Britain, Vince."
Maybe my brain has been addled by too much wine tonight, but on reading this, I was shocked by this:
In the first government defeat, the Lords voted to rule out using sexuality, criminality and cultural or religious beliefs as grounds for diagnosing a mental disorder.Naturally, I welcome any government defeat on anything, even a tiddlywinks match, but I'm still rubbing my eyes in disbelief that such criteria for locking people up could even be on the table. Sexuality I could just about understand, although not approve, since we've been there before. (But don't we now live in an era of compulsory tolerance of all sexual tastes that don't involve children or animals?) Criminality? Well, we already lock up criminals regardless of whether they are mentally disordered, so I'm not too bothered by that.
Obviously I don't need to tell you about the blog war that is currently in progress between Tim Ireland and Guido Fawkes. I have nothing to say on the matter, I'm just enjoying the bun fight.
When attending others' math lectures, he was not reticent about telling the lecturer "your notation sucks"; this trait was reliable enough that he was successfully goaded into saying it at a lecture where he was then presented with a T-shirt bearing this phrase.The offending notation, pronounced "Xi over Xi-bar", is written:
The usual caveats about the reliability of Wikipedia apply. By the way, getting that formula to come out properly requires a java-script, so it won't work from an RSS reader.
`Xi / bar(Xi)`
Before he became the Undercover Economist, Tim Harford used to advertise condoms on French telly. Or if he didn't, his twin brother did.
Maybe I'm being unfair and quoting a quote that was lifted out of context, but according to this:
Foreign Secretary Margaret Beckett had earlier said the 45 minute claim was of "little relevance" and used only once.
...
The claim - that weapons of mass destruction could be used within 45 minutes of Saddam Hussein giving the order to do so - was "never used once" in Commons debates, she added.
Mr. Frank Cook: The right hon. Gentleman has emphasised the fact that we must not get it wrong. The Prime Minister told us with great firmness today that Iraq has biological and chemical weapons that can be ready in 45 minutes, which is a fraction of the time that we have been discussing this issue. Does the right hon. Gentleman believe that we shall be able to prevent Saddam from launching those weapons and making matters infinitely worse in the time when we are launching our first attack?And there are more, seven of which preceded the war.
I often give books as Christmas presents. Browsing new releases on Amazon for ideas, I came across Snowblind: A Brief Career in the Cocaine Trade, by Robert Sabbag. According to Amazon:
This book recounts the activities of former cocaine smuggler and dealer, Zachary Swan, chronicling his outstanding scams...Speaking of which, check out the price.
In the past I have been scolded for including too many equations in a blog posting. Well, I'm afraid I'm at it again. You'll need a Ph.D. to understand this. Click here, if you dare.
Did I hear this correctly?
A few weeks ago, I was "on top of the Rock" in New York, taking pictures like this:
and this:
when I thought of Brian Micklethwait and his Billion Monkeys Project.

















It is conventional wisdom in gambling circles that when playing Blackjack, you must never split a pair of tens, the reason being that twenty is such a good hand that you can only reduce your chances of beating the dealer by splitting. This conclusion depends on a couple of assumptions and if either of them is false there exist circumstances where you should split your tens.
I hope that the fine ladies who took out this insurance policy carefully checked the small print for any exclusions of damnum fatale.