The Value of Education

From the Becker-Posner Blog:Nor is this all. Research increasingly demonstrates that education improves performance in virtually every aspect of life. Educated persons on the whole are healthier, are better at investing in their children, have more stable marriages,...

Microsoft and Being a Good Teacher

From the Mahalonobis Blog: Just as Stephen Jay Gould said we shouldn’t blame the dinosaurs for being obsolescent–they lasted for hundreds of millions of years–we shouldn’t be too hard on Microsoft. Being very popular means having a target...

Media and the Availabillity Heuristic

An interesting post from the Social Science Statistics Blog (see also earlier related posts on Risk Assessments, Diagnostic Tests, and the Taxi Cab Problem):The availability heuristic describes people’s tendency to judge that events that are really emotionally...

Black Swans

I am about to read Taleb’s Black Swan book. According to Wikipedia, a Black Swan is an event that has a large-impact and it is hard-to-predict because of its improbability.Mahalonobis’ Blog writes about how Black Swans are highlighted in the media:Yet that...