rePost :: Microecon of Media

Some people really does have no business in voting.

But again, your primary complaint here should be about those shallow voters, not the advertisers. If you believe that some voters care so little about political outcomes that they are willing to sell their political beliefs to the highest advertising bidder, you should believe that such folks have no business voting! After all, preventing some folks from directly buying political ads may have little net effect – those folks may buy ads indirectly, or find other ways to buy voter beliefs. The key problem is that some voters care way too little about political outcomes.
via Overcoming Bias : Microecon of Media.

rePost::The 4 Big Myths of Profile Pictures « OkTrends

Interesting read.

The 4 Big Myths of Profile Pictures
January 20th, 2010 by Christian
Hello, old friends. I am back from dark months of data mining, here now to present my ores. To write this piece, we cataloged over 7,000 photographs on OkCupid.com, analyzing three primary things:
* Facial Attitude. Is the person smiling? Staring straight ahead? Doing that flirty lip-pursing thing?
* Photo Context. Is there alcohol? Is there a pet? Is the photo outdoors? Is it in a bedroom?
* Skin. How much skin is the person showing? How much face? How much breasts? How much ripped abs?
via The 4 Big Myths of Profile Pictures « OkTrends.

rePost::Sundance Movie Review: Buried | /Film

Nice review. My interest is slightly up.

For me this film works on every level. It achieves so much with so little. It is not only an amazing example of what minimalistic filmmaking can accomplish, but it is a great film in its own right. I have no idea if people will see it – or want to see it. The sell might/could be hard — it’s such a crazy concept, and I can understand why people might think this film could/would be boring. But this is the type of film that you show all your friends. I could definitely see this being the next word-of-mouth viral blockbuster, following in Paranormal Activity’s footsteps.
via Sundance Movie Review: Buried | /Film.

Rant:News Reports On Stock Movement:2010 01 24

I hate it when news segments say, “The stocks were down because…” or “The stocks were up because”.
Reporters/Editors really need to learn more about what they are reporting on.
Day to day movements of stock tend to be just noise. Ask a good trader. It seems to me that the traders you are asking are the less knowledgeable ones.
Why is this important?  Because this reeks of trying to manipulate public opinion in a blatantly subtle way. This is a disingenuous way of hinting what is good or bad for business.

rePost::10 signs of incompetent managers | View from the Cubicle | TechRepublic.com

This is a nice list I don’t agree with completely, but its a worthy read nonetheless. Read the whole thing from the linked article.

Bias against action: There are always plenty of reasons not to take a decision, reasons to wait for more information, more options, more opinions. But real leaders display a consistent bias for action. People who don’t make mistakes generally don’t make anything. Legendary ad man David Ogilvy argued that a good decision today is worth far more than a perfect decision next month. Beware prevaricators.
Love of procedure: Managers who cleave to the rule book, to points of order and who refer to colleagues by their titles have forgotten that rules and processes exist to expedite business, not ritualize it. Love of procedure often masks a fatal inability to prioritize — a tendency to polish the silver while the house is burning.
Long hours: In my experience, bad managers work very long hours. They think this is a brand of heroism but it is probably the single biggest hallmark of incompetence. To work effectively, you must prioritize and you must pace yourself. The manager who boasts of late nights, early mornings and no time off cannot manage himself so you’d better not let him manage anyone else.
via 10 signs of incompetent managers | View from the Cubicle | TechRepublic.com.

rePost :: Reason as memetic immune disorder

This is a very though provoking post.

A prophet is without dishonor in his hometown
I’m reading the book “The Year of Living Biblically,” by A.J. Acobs. He tried to follow all of the commandments in the Bible (Old and New Testaments) for one year. He quickly found that
* a lot of the rules in the Bible are impossible, illegal, or embarassing to follow nowadays; like wearing tassels, tying your money to yourself, stoning adulterers, not eating fruit from a tree less than 5 years old, and not touching anything that a menstruating woman has touched; and
* this didn’t seem to bother more than a handful of the one-third to one-half of Americans who claim the Bible is the word of God.
You may have noticed that people who convert to religion after the age of 20 or so are generally more zealous than people who grew up with the same religion. People who grow up with a religion learn how to cope with its more inconvenient parts by partitioning them off, rationalizing them away, or forgetting about them. Religious communities actually protect their members from religion in one sense – they develop an unspoken consensus on which parts of their religion members can legitimately ignore. New converts sometimes try to actually do what their religion tells them to do.
I remember many times growing up when missionaries described the crazy things their new converts in remote areas did on reading the Bible for the first time – they refused to be taught by female missionaries; they insisted on following Old Testament commandments; they decided that everyone in the village had to confess all of their sins against everyone else in the village; they prayed to God and assumed He would do what they asked; they believed the Christian God would cure their diseases. We would always laugh a little at the naivete of these new converts; I could barely hear the tiny voice in my head saying but they’re just believing that the Bible means what it says…
How do we explain the blindness of people to a religion they grew up with?
via Less Wrong: Reason as memetic immune disorder.

rePost::The End of Poverty

Some good news, finally.

Some thought-provoking new research argues that, absent catastrophe, and despite continuing population growth, we will never see a billion people in poverty worldwide:
World poverty is falling. This column presents new estimates of the world’s income distribution and suggests that world poverty is disappearing faster than previously thought. From 1970 to 2006, poverty fell by 86% in South Asia, 73% in Latin America, 39% in the Middle East, and 20% in Africa. Barring a catastrophe, there will never be more than a billion people in poverty in the future history of the world. [Emphasis mine]
via The End of Poverty.

Praise::Cool Stuff: Toy Story 3 Director Lee Unkrich Auctioning Pixar Memorabilia For Haiti Earthquake Victims | /Film

THis is soooo coool.  If I only had the money!!

Toy Story 3 director Lee Unkrich is personally auctioning a bunch of rare/exclusive Pixar memorabilia to benefit Haiti earthquake victims. Here are the links:
* Tom Hanks signed Toy Story 3 Woody poster.
* Toy Story Mrs. Potato Head Figurine Signed by Estelle Harris
* Lee Unkrich’s personal Toy Story Original Crew Jacket from 1995
* Lee Unkrich’s personal 1998 Original A Bug’s Life Crew Jacket
* Lee Unkrich’s personal Toy Story 2 Original Crew Jacket from 1999
* Lee’s personal 1999 Original Toy Story 2 Crew Jacket
* Lee’s personal 2001 Original Monsters, Inc. Crew Jacket.
* Lee’s personal Monsters, Inc. Original Crew Jacket 2001, 2nd Version
* Lee’s original Cars Original Crew Jacket 2006
* Lee’s personal Ratatouille Original Crew Jacket 2007
* Lee’s personal WALL-E Original 2008 Crew JAcket
* Original Toy Story Woody Doll signed by Tom Hanks
* Four-pack of custom Jones Soda, given as a gift to the Monsters, Inc. crew by director Pete Docter.
* Pixar MOMA Catalog signed by 22 artsists.
* A Bug’s Life Animation Crew T-Shirt White
If you have the money, its a good cause, and some items you’re not likely to find anywhere else. Lee will probably be posting more items in the coming days, keep checking his twitter or ebay account listings for updates.
via Cool Stuff: Toy Story 3 Director Lee Unkrich Auctioning Pixar Memorabilia For Haiti Earthquake Victims | /Film.

rePost::Paul Krugman For The Fed « The Baseline Scenario

T

Paul Krugman For The Fed
with 112 comments
The case for Ben Bernanke’s reappointment was weak to start with, weakened with his hearings, and is now held together by string and some phone calls from the White House. Bernanke is an airline pilot who pulled off a miraculous landing, but didn’t do his preflight checks and doesn’t show any sign of being more careful in the future – thank him if you want, but why would you fly with him again (or the airline that keeps him on)?
The support for Bernanke in the Senate hangs by a thread – with Harry Reid providing a message of support, albeit lukewarm, after the markets close. The White House is telling people that if Bernanke is not reconfirmed there will be chaos in the markets and the economic recovery will be derailed. This is incorrect.
The danger here is uncertainty – the markets fear a prolonged policy vacuum. Fortunately, there is a way to address this. Ben Bernanke should withdraw and the president should nominate Paul Krugman to take his place.
via Paul Krugman For The Fed « The Baseline Scenario.

rePost:: UK terror threat, defined

UK terror threat, defined
wait 2 secs to reload the image
By Peter Boockvar – January 22nd, 2010, 3:51PM
The DJ is reporting that the UK raised its terror threat level to ‘Severe’ from ‘Substantial.’ They define ‘Substantial’ as an ‘attack is a strong possibility’ whereas ‘Severe’ is defined as ‘an attack is highly likely.’
via The Big Picture » Blog Archive » UK terror threat, defined.

I get it but it seems arbitrarily imprecise. Severe has a probability near 50 but whose highest point is not above 50 percent. whilst substantial has a high point above 50. Why don’t they just use something like the doomsday clock??