More on USPS’s
Saturday service suspension: It’s all over the news, in case you haven’t
picked it up yet. Goal’s to save $2 bn in cost per annum. In any case, in a
test to see how long it takes to return 10 letters that cannot be delivered,
USPS is the fastest to do so. [Note: Courtesy of Josh Shanker for the idea. A few
more [long] articles if you care.] Source:
Obesity myths and
research against them: They identified 7 myths to be inaccurate, so to speak,
such as small sustained increases in energy intake or expenditure, establishment
of realistic goals for weight loss, rapid weight loss, etc. [Note: who knows,
science thought smoking was healthy 50 years ago, or maybe it is?]…Source: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/02/06/everything-you-believe-about-obesity-is-probably-wrong/
The fact that LeBron
is underpaid might have made him richer: underpaid measured performance and
revenue-genertion-wise, of course. Here’s the argument: capping salaries prevents
the league from turning into a rich mens’ arms race, gives smaller teams
chances, boosts overall popularity, and allows the super-stars to reap enhanced-marketing
benefits via corporate contracts. [Note: I agree, and this is a enlightening
case where a well thought-out ecosystem is better than deregulated ones;
something to think about]…Source: http://www.theatlantic.com/business/archive/2013/02/lebron-james-is-underpaid-and-that-might-just-make-him-richer/272797/
The philosophy of
data: Dataism, the belief that everything that can be measured should be
measured, is on the rise alongside the explosion of information. It has its
merits at (1) exposing where intuition view is wrong and (2) illuminating
patterns we haven’t yet noticed.
Note: he left us hanging there—by not delving into where
data fails, where, in my opinion, such situation occurs when (1) logics and
conclusions are casually drawn, (2) the prediction and corresponding actions change
the logical nature and renders the pattern obsolete, and (3) applying dubious
models and assumptions without proper understanding. It’s an exciting age of
data ahead, but more of it does not imply better insight and understanding of
the world around us.
Federal Reserve
hacked: 4000 bank executives’ detail are claimed to be stolen on Sunday.
Source: http://www.guardian.co.uk/business/2013/feb/06/federal-reserve-anonymous
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