Thursday, 5 January 2017

Do MBA CEOs put their interests ahead of their employers?

In Why you should think twice before you appoint a CEO with an MBA Nicole Torres writes that companies run by a CEO with an MBA showed poorer performance than those run by non-MBA CEOs.
Miller and Xu tracked their firms' growth strategies and performance and the CEOs' compensation, and found that CEOs with MBAs were more likely to engage in behaviour that benefitted them but hurt their companies. Specifically, they pursued costlier growth strategies and were less able to sustain superior performance than their non-MBA counterparts.

Sunday, 1 January 2017

Misleading with graphs

In Why this National Review global temperature graph is so misleading Philip Bump shows how using different scales on a graph can mislead. He then graphs the US national debt and the Dow Jones as examples.

Thomas Piketty on Bernie Sanders' rise

Thomas Piketty on the rise of Bernie Sanders: the US enters a new political era.

Clean energy is coming - don't get left behind

Paul Ebert writes that The clean energy economy is coming – and there's a lot to lose for those who can't keep up: "The energy internet, the ‘smart’ grid, solar energy and battery storage are converging and the economic benefits are clear".

Is Baird turning NSW into a police state?

David Shoebridge argues that The Charming Mike Baird Is Turning NSW Into A Police State.

Who wrecked the budget

Forget the pundits, budget papers show Coalition – not Labor – wrecked the budget writes Western Sydney Wonk

Renewables as a source for baseload power

Skeptical Science asks the question Can renewables provide baseload power? and answers yes.

Mark Diesendorf argues that Baseload power is a myth: even intermittent renewables will work.

Redistribute wealth for stability?

In It's time to focus on the redistribution of wealth to poorer workers Greg Jericho writes that "The former World Bank chief economist says that protectionism against globalisation is not the answer to the labour crisis – inclusive growth is".
Globalisation is not about to stop, and neither are the concerns of workers – especially as we are seeing in Australia a time of flat real wage growth and declining share of income going to workers.

This does not mean we need to cower and put up trade barriers which will only exacerbate the problems. But neither does this mean we can carry on still thinking only of GDP growth. To both improve our economy and also dampen the nationalistic xenophobia that quickly turns to racism, governments must adopt policy more targeted to inclusive growth. They must realise that with the greater flexibility of labour comes the need for greater emphasis on redistribution of income.

Failure to do so will only see inequality increase and the fires of nationalism – and all the dangerous sparks associated with it – burn hotter.

Change the energy market settlement time to encourage storage technologies

In Change market rules, and battery storage will easily beat gas Giles Parkinson argues that changing the settlement time in the energy market from 30 minutes to 5 minutes will encourage the adoption of fast response technologies like batteries and other forms of storage.

Convincing someone when facts won't

Michael Shermers explains How to Convince Someone When Facts Fail.
Have you ever noticed that when you present people with facts that are contrary to their deepest held beliefs they always change their minds? Me neither. In fact, people seem to double down on their beliefs in the teeth of overwhelming evidence against them. The reason is related to the worldview perceived to be under threat by the conflicting data.
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If corrective facts only make matters worse, what can we do to convince people of the error of their beliefs? From my experience, 1. keep emotions out of the exchange, 2. discuss, don't attack (no ad hominem and no ad Hitlerum), 3. listen carefully and try to articulate the other position accurately, 4. show respect, 5. acknowledge that you understand why someone might hold that opinion, and 6. try to show how changing facts does not necessarily mean changing worldviews. These strategies may not always work to change people's minds, but now that the nation has just been put through a political fact-check wringer, they may help reduce unnecessary divisiveness.

Trump and Patton

Arthur Allen looks at The Problem With Trump’s Admiration of General Patton.

Walking to work makes us happier apparently

Julia Naughton tells us How Walking To Work Makes You A Happier Person.

Tips to move more at work

Nine 2 five health has 5 tips to move more at work, plus some activities a workplace can add to their calendar.

Password strength - the don't care region

Mark Stockley advises us to Stop wasting time making the wrong passwords stronger.
Most of the effort spent on making passwords stronger is wasted, according to a trio of researchers from Microsoft in the USA and Carleton University in Ottawa, Canada.

The researchers, Dinei Florêncio, Cormac Herley and Paul C. van Oorschot, said in a recent paper that there are two vast “don’t care” regions where energy spent on strengthening passwords is simply wasted.
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The first “don’t care” region is an online-offline chasm. The chasm represents the gap between the number of guesses a password might have to withstand in an online attack and how many it might face in an offline attack (you can read more about it in my article Do we really need strong passwords?).

Tricks to remember what you read

In 9 tricks for remembering everything you read Shana Lebowitz collates some recommendations to improve our recollection of what we read.

Saturday, 24 December 2016

Investing in preschools

In More preschool is a sure-fire budget fix, in the long run. But politicians don't have the guts Jacqueline Maley writes about the economic and social benefits of investing in preschool education for all children.
The evidence is clear that this near-magic initiative works to prevent poverty, illiteracy, social delinquency, welfare dependency, ill health, and even cardiovascular disease and obesity.

Friday, 23 December 2016

Are terrorists not religious enough?

In How to defeat terrorists? True extremism Giles Fraser argues that "Despite what religious terrorists may think, God doesn’t need saving. People should be more extreme in their faith – placing their trust in God’s greatness".

Monday, 19 December 2016

Golman Sachs and Trump

In The Vampire Squid Occupies Trump's White House Matt Taibbi documents the greed and immorality of the Goldman Sachs bankers now working for Donald Trump.

How the GOP's obstructionism worked

In The Victory of ‘No’ Michael Grunwald explains how the Republican Party's obstructionism worked.

Is a living wage affordable?

In Scrap welfare and pay everyone, even the jobless, a living wage Crispin Hull argues that a living wage would not cost that much.