Monthly Archive for December, 2009

What Went Wrong?

I am part of a consortium of bloggers who have been recruited by the proprietors of Big Think to explore the roots of the financial crisis. Big Think is conducting a series of video interviews with a variety of experts; we bloggers are invited to submit questions to be asked in these interviews, and we have agreed to blog more or less simultaneously about those interviews as they are posted.

The first interview, with David Wessel of the Wall Street Journal, is now posted. Some of what he says strikes me as right, some strikes me as wrong, and some strikes me as confusing.

Continue reading ‘What Went Wrong?’

Share

The Honors Class, Part II

Two weeks ago, I posted the first half of the honors exam that I administered last spring at Oberlin college. I am following up today with the second half. Once again, I’ve translated some of the questions from economese to English, but am fairly confident that nothing significant has been lost in the translation. This starts with Question 6:

Continue reading ‘The Honors Class, Part II’

Share

Braaaaains!

Henry Molaison, it is said, was a man who lived in the past—an amnesia victim unable to form new long term memories, so that each new experience was quickly forgotten. From age 27 (when he underwent brain surgery for epilepsy) to age 82 (when he died last year), Henry Molaison could remember only the first 27 years of his life.

Today—and I literally mean today—Henry Molaison’s brain is being sliced and diced at the U.C. San Diego Brain Observatory in furtherance of neurological research. And starting soon, you can watch the slicing live via webcam. The process started yesterday, and they’re currently (as of 12:20PM eastern time on Thursday, December 3) on break, but a note on the site says that “cutting will resume shortly”.

The World Wide Web is a strange and wonderful place.

Share

Amazing But True

John Gottti Junior, fresh from his fourth mistrial on racketeering and murder conspiracy charges, reports a miracle: Over the past few days, two songs that remind him of his father (the late and legendary mobster John Gotti Senior) have come up on the radio at exactly 10:27 PM—and 10/27 is his father’s birthday.

From the New York Times:

Did the son feel that the father was was watching over him?

“How else do you explain it?”, he said.

Continue reading ‘Amazing But True’

Share

Life, the Universes and Everything

As I mentioned the other day, I’ve recently (at the direction of my old friend Deirdre McCloskey) been reading some of the work of John Polkinghorne, the physicist-turned-theologian who seems to write about a book a week attempting to reconcile his twin faiths in orthodox science and orthodox Christianity.

Although Belief in God in an Age of Science is a very short book, it is too long to review in a single blog post. Fortunately, though, much of the non-lunatic content is concentrated in roughly the first ten pages, so I’ll comment here only on those.

Polkinghorne begins in awe. He is awestruck by the extent to which our Universe seems to have been fine-tuned to support life; this is the subject matter of the much-discussed anthropic cosmological principle. To take just one example (which Polkinghorne does not mention): The very existence of elements other than hydrogen and helium depends on the fact that it’s possible, in the interior of a star, to smoosh three helum atoms together and make a carbon atom; everything else is built from there. But it’s not enough to make that carbon atom; you’ve also got to make it stick together long enough for a series of other complicated reactions to occur. Ordinarily, that doesn’t happen, but now and then it does. And the reason it happens even occasionally is that the carbon atom happens to have an energy level of exactly 7.82 million electron volts. In fact, this energy level was predicted (by Fred Hoyle and Edwin Salpeter) before it was observed, precisely on the basis that without this energy level, there could be no stable carbon, no higher elements, and no you or me.

Continue reading ‘Life, the Universes and Everything’

Share

The Best of Taxes and the Worst of Taxes

Today I’ll give the solution to another of the problems from my honors exam:

Question 5. Rank these taxes in order of how much you’d dislike paying them:

  • A tax on consumption
  • A tax on wages
  • A tax on income (including wages, interest and dividends)

Assume that the tax rates are adjusted so that your total tax bill is the same in each case.

Continue reading ‘The Best of Taxes and the Worst of Taxes’

Share