Showing posts with label education. Show all posts
Showing posts with label education. Show all posts

Wednesday, December 18, 2013

NSA Knows Who You Are

5 billion cellphone calling records have been collected by the NSA as part of a location and data tracking system, according to The Washington Post.

Details of the program were among the many documents leaked by former defense contractor Edward Snowden to news organizations earlier this year.

Thursday, December 5, 2013

Christmas Coercion

Christmas gifts can be viewed as just another economic transaction. The warm feeling that comes from giving could hide a mundane investment in social relationships. A gift entails a hidden obligation to treat you nicely, creating a special bond between the giver and the recipient.

And research indicates that small gifts may be more effective than large ones. As economists estimate that big gifts, being too blatant, tend to raise the receiver’s suspicion. They generate suspicion that the benefactor has a hidden agenda, and trigger an impulse to restrain reciprocal behavior.

On the other hand, not giving at all isn’t just neutral on potential recipients: it generates negative behavior in return. This demonstrates that in gift-giving, like so many other social exchanges, too much is bad, but nothing is worse.

Thursday, November 21, 2013

Trade in North America

Metropolitan areas in the United States, Canada, and Mexico contain 77 percent of the three countries’ total population but generate 86 percent of their combined GDP.

These 432 metropolitan areas, with populations of at least 100,000, generate even higher shares of national and continental output in key advanced manufacturing sectors—aerospace, automotive, electronics, machinery, pharmaceuticals, and precision instruments.

Wednesday, November 20, 2013

The 47%, or 43%, or...



Recall Mr. Romney's silly utterance regarding taxes? Well, if not, you'll find a nice little video primer below that summarizes his folly fairly succinctly.

Thursday, November 14, 2013

End Extreme Poverty Now!

The number of people worldwide living in extreme poverty—defined as living on $1.25 a day or less—was cut in half between 1990 and 2010. Yet more than one billion people still subsist at this level, and about three billion live at under $2.50 a day.

Laurence Chandy, a fellow at the Brookings Institution, discusses the possibility that by 2030 the world might eradicate the most extreme poverty. He explains how we measure the problem, what the private sector and aid agencies can do about it, whether or not current targeting approaches are effective, and talks about the poverty problem in the United States.

Monday, November 11, 2013

MOOC's, Partners in Propoganda?

The MOOC learning provider Coursera has launched Coursera Learning Hubs that seek to facilitate learning in Internet-enabled physical locations around the world. The U.S. State Department is "lending a hand" to Coursera as one of its learning partners. The Learning Hubs will cover 30 embassies, American Spaces, campuses, and other locations globally.

Tuesday, October 29, 2013

Mugshot or Mugging?

Mug shots are merely artifacts of an arrest, not proof of a conviction, and many people whose images are now on display were never found guilty, or the charges against them were dropped.

What if your mugshot appeared online, for your friends, family, and employer to see? A New York Times exposé found that for-profit web sites like Mugshots, BustedMugshots and JustMugshots aren’t the civic-minded sites they appear to be, charging from $30 to $400 for someone to have their mugshot removed from the site.

Monday, October 28, 2013

World's Going to Hell

In 1798, Thomas Malthus posited that the world's food supply grew arithmetically while it's population grew geometrically, leading to the dour conclusion that certain natural correctives like starvation, war and pestilence would be inevitable.

Since that time, any thesis that sets forth a similar conclusion via whatever mechanism is designated "Malthusian".

None of these has proven to be correct thus far, but is it just a matter of time? You can judge for yourself...read the original Essay on the Principle of Population by Thomas Malthus.

Sunday, October 27, 2013

Ghosts Don't Exist

Unfortunately our species is prone to imaginary distractions like ghosts, goblins, vampires, heaven and hell...none of which exist. On the other hand, we spend scant attention to real matters like poverty, violence, and ignorance.

Whenever I meet someone who professes to believe in the supernatural I consider their intelligence and rationality suspect.

Friday, October 25, 2013

Learn More, Earn More

In the last six years, American higher education institutions conferred nearly 3.5 million more degrees than they had over the previous six years. By last year, 29.8 percent of men and 37.2 percent of women ages 25 to 29 possessed four-year college degrees.

In time, it is likely that these young college graduates will find work and earn pay that is significantly higher than they would have earned had they not gone to college.

In 2012, two-year-degree holders earned close to $7,000 more per year than their high-school-diploma-only counterparts. Someone with a four-year degree earned roughly $15,000 more than that same someone with an associate degree. And a professional degree reaped nearly $35,000 more than a four-year college degree, according to the Department of Labor.

Thursday, October 24, 2013

Online Gambling

Believe it or not, when gambling online any given day, the chances of emerging a winner aren't too bad—about 30%. But continuing to gamble is a bad bet. Just 11% of players ended up in the black over an extended period, and most of those pocketed less than $150.

The skew was even more pronounced when it came to heavy gamblers. The top 10% of bettors, those placing the largest number of total wagers over two years, about 95% ended up losing money, some dropping tens of thousands of dollars. And big losers of more than $5,000 among heavy gamblers outnumbered big winners by a staggering 128 to 1.

Tuesday, October 22, 2013

Don't Get Old in Russia

Ever wondered where in the world it's best to be old? Where your psychological well-being and life expectancy would be maximized? Where you'd be at the lowest risk of poverty? Have the best access to public transport?

Well, HelpAge International has launched a new index that looks at quality of life for 89% of the world's older people in 91 countries.

Sunday, October 20, 2013

Invest For the Future

Last year, the U.S. Chamber of Commerce published a report, “Why Business Should Support Early-Childhood Education,” that includes a summary of efforts by some groups to promote early childhood education on the state and local level.

Such efforts go beyond charitable giving and on-site learning centers for employees with children to strong political commitments to expand our educational system significantly.

Friday, October 18, 2013

Investing in Kids

In his latest book, Investing in Kids, Tim Bartik measures ratios of local economic development benefits to costs for both early childhood education and business incentives.

He shows that early childhood programs and the best-designed business incentives can provide local benefits that significantly exceed costs.

Thursday, October 17, 2013

A Stupid Student "Right"

Recently, the Los Angeles Unified School District embarked on a $1 billion initiative to place an iPad in the hands of each of the more than 600,000 students in the nation's second largest school district. But while Apple counts its coin, the district is learning a hard lesson in security and how technology can create as many problems as it solves.

School Superintendent John Deasy, who was featured in an iPad commercial, insists that the initiative he pushed hard for is right on track. To Deasy, putting iPads in the hands of kids in a school system of mostly low-income families and a dropout rate of 20% is a "civil rights issue."

What's astonishing is the idealism driving Deasy to spend $1 billion in school bond money for the iPads, software and for wiring the campuses has led to record numbers of security breaches, stolen property and lawsuits. Meanwhile, that is a billion dollars that is no longer available to be spent on textbooks, teacher's aides, better facilities, etc....I suppose what they say is true, "The road to hell is paved with good intentions."

Thursday, October 3, 2013

The Wisdom of Warren Buffett

Want to know more about the lifestyle of the Rich and Famous? Then enjoy watching the video profile of the Sage of Omaha, Warren Buffett, who happens to be worth billions.

Monday, September 30, 2013

Most Dangerous Celeb

In an attempt to promote its products, McAfee researched pop culture’s most famous people to reveal the riskiest celebrity athletes, musicians, politicians, comedians, and Hollywood stars on the web.

For example, when you search for pictures of Lily Collins you have about a 14.5% chance of landing on a page that tested positive for spam, adware, spyware, viruses, or other malware.

Saturday, September 28, 2013

Global Lying

Scientists working on a landmark U.N. climate change report are struggling over how to address a wrinkle in the meteorological data that has given ammunition to global-warming skeptics: The heating of Earth's surface appears to have slowed in the past 15 years even though greenhouse gas emissions keep rising.

Some statisticians have dismissed the purported slowdown as a statistical mirage, arguing among other things that it reflects random climate fluctuations and an unusually hot year picked as the starting point for charting temperatures. They also say the data suggests the "missing" heat is simply settling — temporarily — in the ocean.

Friday, September 27, 2013

Never Breaking Even

Two-year community colleges enroll 37 percent of American undergraduates. The Center on International Education Benchmarking reports that only 13 percent of students in two-year colleges graduate in two years and that figure rises to a still-dismal 28 percent after four years.

This elevated completion risk has consequences for both the student and the economy in which he participates. To wit, a student who takes on a typical amount of debt but drops out after two years never breaks even because wages of college dropouts are little better than those of high school graduates. And an economy with undertrained and less wealthy individuals will suffer from low aggregate demand and a limited capacity to produce.

Tuesday, September 24, 2013

Education and Economy at Risk

Four-year college degrees still pay off; however, one-quarter of recent college graduates are unemployed or underemployed. Meanwhile, total student debt now exceeds $1 trillion. And heavily indebted students face risks.

One is that they fall short of their income potential, through some combination of unemployment and inability to find a job in their chosen fields. Research has shown that on average a college student taking on $100,000 in student debt will still come out ahead by age 34. But that break-even age goes up if future income falls short of the average.