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Psychology's Replication Battle

SEE Re:Behavioral economics (172 comments)

Yeah, you are going to be seriously confused if you think "rational actor" economics assumes a Straw Vulcan who won't buy the chocolate ice cream which he likes better if the vanilla is a cent cheaper. But the fault, dear AC, is not in the economics, but your own skull.

about a month and a half ago
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Lawrence Krauss: Congress Is Trying To Defund Scientists At Energy Department

SEE Re:Price of using scientists as political pawns (342 comments)

I don't think any serious person thinks that Galileo woke up one morning and said lets do politics.

Oh, yes, every serious person thinks Galileo was being completely apolitical when he published a tract in the common language of the people of the Papal States that put quotes from the sovereign of the Papal States in the mouth of a character named Simpleton.

about 1 month ago
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Malaysian Passenger Plane Reportedly Shot Down Over Ukraine

SEE Re:Possible factor (752 comments)

More likely the separatists were trigger happy and they had a handy missile.

Like the Buk SAM system Russian state media reported they have?

about 2 months ago
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How Vacuum Tubes, New Technology Might Save Moore's Law

SEE Re:Discovered? (183 comments)

The 1947 is about the transistor, not the vacuum tube. The Bardeen-Brattain-Shockley transistor was developed in 1947, and got the three the 1956 Nobel in physics.

about 3 months ago
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Unicode 7.0 Released, Supporting 23 New Scripts

SEE Re:Proprietary fonts (108 comments)

Why do you think an official Unicode font would solve your mathematical symbol problem any more than the already-available STIX has failed to?

about 3 months ago
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Why NASA's Budget "Victory" Is Anything But

SEE Re:our greatest hopes (267 comments)

There's no "safe place to sleep" on a planet unprotected from large asteroids, any more than there's a safe place to sleep in the caldera of an active volcano. There's merely hoping the statistically inevitable won't happen in your lifetime. Space can't wait.

about 3 months ago
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Amazon Escalates Its Battle Against Publishers

SEE Re:Not illegal (218 comments)

Yes, it's one of the fundamental distinctions between the capitalist US and the corporatist EU in anti-trust law. In the US, you are expected to show the business practice harms consumers; in the EU, you merely show it hurts the profits of existing businesses.

Thus, for example, fixing the price of books is an illegal conspiracy under US law, but mandated by law in Germany.

about 4 months ago
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Star Wars: Episode VII Cast Officially Announced

SEE We already had this happen back in '99 (325 comments)

The EU has always been subject to being tossed out for the films. I mean, I still have a copy of the 1994 "A Guide to the Star Wars Universe". On pages xviii-xx, it has a timeline that establishes the following:

1) C-3PO is 57 years older than Anakin Skywalker.
2) Obi-Wan Kenobi is only five years older than Anakin Skywalker.
3) The Clone Wars ended 17 years before Anakin became Darth Vader and Palpatine became Emperor.
4) Anakin was in his mid-thirties when he fathered Luke & Leia.

How could anybody have anything like a reasonable expectation that things would be different this time?

about 5 months ago
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Lucasfilm Announces Break With Star Wars Expanded Universe

SEE Re:Why? (157 comments)

Why is simple enough. The Thrawn stuff is five years after Jedi, not thirty, so you'd have to re-cast the original trilogy roles (Luke, Leia, Han, Lando) in order to film them. And the twenty-five years of stuff in the EU timeline after Thrawn is full of really stupid stuff.

about 5 months ago
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93 Harvard Faculty Members Call On the University To Divest From Fossil Fuels

SEE Re:What does it mean to divest? (214 comments)

You call it "key", but it's pointless. Profits on the trade of stocks accrue to traders, not the underlying company. Making Exxon's stock price collapse with a "successful" divestment campaign can wreck any number of stock traders, pension boards, and mutual funds, but it does not remove a single cent from Exxon's bottom line.

about 5 months ago
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93 Harvard Faculty Members Call On the University To Divest From Fossil Fuels

SEE Re:What does it mean to divest? (214 comments)

What is divestment but a form of boycott?

Boycotts of a company's products work because the operations of a company are making and selling the product, and not buying that product cuts off their income, lowering their profits. Boycotts of a company's stock, on the other hand, have no affect on the company's operations at all, and do not affect either income or profits. The business goes on as normal.

There is _nothing_ that compels an "automatic, equal and opposite transaction"

Um, yes, there is. The fact that until someone buys the stock, you have not actually sold it. This is really, really basic. Otherwise there's no sale. Every single successful sale of stock ever, by definition, is also a successful purchase of stock by the counterparty. Until someone other than Harvard buys the stock from Harvard, Harvard has not yet divested itself. Since the amount the other party paid and the number of shares they receive is identical to the amount Harvard receives and the number of shares Harvard gets rid of, the divestment is automatically coupled to an equal and opposite investment.

selling stock can actually generate a positive feedback loop that causes _more_ stock to be sold.

But it cannot cause more stock to be sold than is bought. Because without a buyer, there is no sale. Transactions have two parties and two sides and both sides are always in balance.

Yes, if lots of people want to sell the stock and few want to buy, that makes the stock price go down, and because lots of stock traders are stock price speculators, that can have a herd effect. So what? The price of stock does not affect the operations or the balance sheet of the business in the slightest.

Stock price only matters to investors who are gambling on share price appreciation. There are a lot of investors like that, but not all. Plenty of people buy stock for the dividends, and your divestment campaign simply makes the stock more attractive to those people. Net, what you do with a divestment campaign is change the owners of the company from people who want the stock price to go up to people who want the company to pay high dividends - and the former care a lot more about bad PR than the latter. Divestment, insofar as it has any effect on a coal company, will make that company less sensitive to social pressure that might affect the stock price and more interested in maximizing operational profit to maximize dividends.

about 5 months ago
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93 Harvard Faculty Members Call On the University To Divest From Fossil Fuels

SEE Re:What does it mean to divest? (214 comments)

No, divestment doesn't touch income at all, in the slightest, much less "profoundly". Boycotts and sanctions do, and what hurt South Africa was the boycotts and sanctions. If they were calling for Harvard to boycott energy from fossil fuels, there would actually be an economic point to the petition.

Divestment, on the other hand, does precisely nothing to income. In order to divest, Party B, the divestor, sells Party A's stock to Party C. Party C invests in the stock to the exact same extent that Party B divests. It's an automatic, equal-and-opposite transaction. And Party A doesn't have its operations affected in the slightest.

about 5 months ago
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93 Harvard Faculty Members Call On the University To Divest From Fossil Fuels

SEE Re:What does it mean to divest? (214 comments)

Which makes me wonder where the "Why is this on Slashdot!?" crowds are.

Now, now. I think it is news that at least 93 members of the Harvard faculty are so ignorant of how the stock market works that they don't notice that any divestment by any party, by necessity, is automatically matched by an equal investment by the counterparties who buy the stock from the divestor.

The problem is the headline, which should read something like, "93 Harvard faculty members admit they're as ignorant of economics as creationists are of biology". Well, and a summary that seems to think it's possible for any divestment campaign to have victories. But, still, the underlying fact 93 Harvard professors are ignorant fools is worth noting.

about 5 months ago
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Nat Geo Writer: Science Is Running Out of "Great" Things To Discover

SEE Re:Level of public funding ? (292 comments)

Right now, our current observations combined with general relativity say 96% of the universe is unaccounted-for by anything resembling a solid theory in quantum mechanics. Or, conversely, our current observations combined with quantum mechanics says general relativity is so wrong that it only can be made to work by assuming a mass-energy budget 25 times greater than that of the actual universe. So how can there not be anything huge to discover?

Granted, the stuff might be beyond our ability to discover, but we pretty blatantly don't know what's actually going on.

about 5 months ago
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Why There Are So Few ISP Start-Ups In the U.S.

SEE Re:You people are so ignorant... (223 comments)

This is not because of "regulations" it's because of anti competitive measures like "franchise fees"

So, it's not because of "regulations", just government . . . I guess we'll call them "rules" . . . that require payment of fees in order to be allowed to compete?

If the government, at any level, has the regulatory power to say no to new competitors entering a business, the incumbents in that business will spend money at that level to convince them to say "no" to new competitors. It has happened every single time, with every single industry than any country every has ever allowed its government to regulate what businesses may enter a market. From medieval guilds to Elizabethan patents to taxi medallions to the FCC, it always happens.

And it happens every single time because regulation causes corruption. Public choice economics can no more be repealed by the ignorant but well-meaning than pi can be made to equal exactly 3.

about 5 months ago
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Linux May Succeed Windows XP As OS of Choice For ATMs

SEE Re:Well Duh... (367 comments)

Why? In large part because it was an easier migration from OS/2 to XP than to anything else, that's why.

And OS/2 was there because in the late 1980s and early 1990s IBM was backing it and the other available choice was SCO Unix.

about 6 months ago
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Church Committee Members Say New Group Needed To Watch NSA

SEE Re:Just disband it (143 comments)

The top is the President, unless someone has evidence he gave an order to stop the spying and it was disobeyed.

about 6 months ago
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Church Committee Members Say New Group Needed To Watch NSA

SEE Re:Nice that they're trying.. (143 comments)

Oh? Has the NSA defied a direct Presidential order?

If and when Obama, head of the Executive Branch, tells the NSA to stop collecting, and they keep collecting anyway, then we can start talking about how the NSA is only beholden to its own agenda.

In the meantime, there's no reason at all to believe the buck does not stop with the President. This is not "NSA spying" any more than that the war in Iraq was the "Department of Defense's war".

about 6 months ago
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Church Committee Members Say New Group Needed To Watch NSA

SEE Re:Beyond oversight? (143 comments)

No.

It's not like Obama has issued an order for the NSA to stop domestically collecting metadata right now. If he did that and the NSA kept collecting, then there would be an issue about whether the NSA was "by nature beyond oversight".

Rather, what we have here is the NSA doing what the President has told them they can do. Pretending the NSA is a rogue agency is simply letting the person in charge - the President - off the hook.

about 6 months ago
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Environmentalists Propose $50 Billion Buyout of Coal Industry - To Shut It Down

SEE Re:Better uses for $50 billion (712 comments)

The atmosphere is, on the books, $0 in assets. That doesn't mean you can phase out use of the atmosphere and not wreck the economy. Imagine how much damage the economy would take if you stopped people from using the atmosphere and instead required that they acquire necessary gasses from non-atmospheric sources.

about 6 months ago

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