Chicago Boyz

                 
 
 
 
What Are Chicago Boyz Readers Reading?
 

Recommended Photo Store
 
Buy Through Our Amazon Link or Banner to Support This Blog
 
 
 
  •   Enter your email to be notified of new posts:
  •   Problem? Question?
  •   Contact Authors:

  • CB Twitter Feed
  • Blog Posts (RSS 2.0)
  • Blog Posts (Atom 0.3)
  • Incoming Links
  • Recent Comments

    • Loading...
  • Authors

  • Notable Discussions

  • Recent Posts

  • Blogroll

  • Categories

  • Archives

  • Archive for the 'Business' Category

    Worthwhile Reading

    Posted by David Foster on 15th November 2017 (All posts by )

    A law professor writes about undoing the dis-education of Millenials.

    Small liberal arts colleges:  self-destruction via runaway administration.

    Ammo Grrrll doesn’t share the obsession about ‘people who look like me’.

    Are we living in the dystopia that Young Adult fiction warns us about?

    The Assistant Village Idiot has some thoughts about local aristocracy and the nationalization of culture.

    Bolshevism and Militant Islam.  Some thoughts about historical parallels from Niall Ferguson, with comments by Stuart Schneiderman.

    The current Senate tax bill draft contains some very bad ideas about taxation of employee stock options and restricted stock grants.

    Posted in Business, Economics & Finance, Education, History, Islam, Leftism, Russia, Society | No Comments »

    Robot of the Week

    Posted by David Foster on 5th November 2017 (All posts by )

    If you call the front desk at a hotel and ask to have towels (for example) delivered to your room, then a robot may shortly make its appearance at your door.  Savioke Relay can find its own way to its destination, taking the elevator when needed.

    Customer reactions seem to be positive.

    More here.

    Posted in Business, Tech | 2 Comments »

    Coming: a Battery Supply Crunch?

    Posted by David Foster on 26th October 2017 (All posts by )

    Several governments have signaled their intent to ban or greatly restrict the internal combustion engine from automotive use, requiring instead pure electrics or in some cases hybrids.  These include China, France, and the United Kingdom, as well as the US state of California.  Volvo says that from 2019 all its new models will be electric or hybrid, and General Motors is planning to introduce 20 electric models over the next six years.

    The core of an electric vehicle is the battery, and these are large, heavy objects:  the battery pack for a Tesla Model S comes in at 1300 pounds. Where are all the batteries for the envisaged exponential growth of electrics going to come from?…this question encompasses the mining and processing of the raw materials and the fabrication of these processed materials into battery cells, as well as the assembly of the cells into finished battery packs.

    Here is an analysis of battery components and their sources:  the key materials, in addition to lithium, are graphite, cobalt, and nickel, as well as the more common and less-expensive metals manganese and aluminum.

    Will severe supply constraints for some of these materials put a practical limit on the growth of electric vehicles, even in the face of government subsidies and draconian edicts?  Here’s a recent article in the Financial Times:

    Volkswagen’s failed attempt to secure at least five years’ supply of cobalt highlights the challenge facing the world’s biggest automakers as they attempt to secure the materials needed for their push into electric vehicles.  Last month’s tender came as other carmakers, such as BMW and Tesla Motors, are also trying to lock-in stocks of the metal.  That could test to the breaking point a niche market that is heavily dependent on a handful of mines in the Democratic Republic of Congo, one of the most impoverished and politically volatile countries in Africa.

    Demand for cobalt in EV batteries is expected to grow fourfold by 2020, and eleven-fold by 2025, according to Wood Mackenzie.

    The graph accompanying the article indicates that the price of high-grade cobalt has risen from $15/pound in January of this year to $30/pound in October.

    Read the rest of this entry »

    Posted in Business, Energy & Power Generation, Environment, Tech | 52 Comments »

    Apple Pay for Better Security

    Posted by Carl from Chicago on 11th October 2017 (All posts by )

    Over the last year I’ve had several opportunities to drive to remote parts of Oregon. Often we stop by a local grocery / convenience store to pick up groceries or a snack. These stores are small and often with a single check out lane and a very quaint atmosphere of old-time store goods.

    A bit of fun for me is to walk up to the credit card reader which usually has the icon for near field connectivity (NFC) and I surreptitiously use my Apple Watch with Apple Pay enabled to quickly pay for groceries without taking out my credit card. The cashier gets flummoxed and wonders what happened, and I show them my Apple Watch with my card image and they laugh.

    What is sad is that Apple Pay works “out of the box” at most of these remote grocery stores but it doesn’t work at many of the large retailers in the city. Instead of encouraging Apple Pay or similar google technologies, the retailers want to control the experience and the data and so they turn off this feature. You have the unfortunate alternative of putting your credit card in the chip reader and waiting for 5-10 seconds which slows the line for the whole process. Worse than the inconvenience is the fact that Apple Pay is much more secure than any card reader – Apple Pay doesn’t provide your “real” credit card to the store, instead it uses a “token” for the transaction.
    Read the rest of this entry »

    Posted in Business, Economics & Finance, Oregonia, Tech | 11 Comments »

    Kinda Cool

    Posted by David Foster on 7th October 2017 (All posts by )

    Lowes’ Holorooms

    Also in this video

    Posted in Business, Marketing, Tech | Comments Off on Kinda Cool

    Worthwhile Reading & Viewing

    Posted by David Foster on 28th September 2017 (All posts by )

    Things that were once common knowledge…and now are not

    Advice on leadership for Naval Academy cadets…applicable in other walks of life as well

    A time-lapse video of 30 days at sea

    Animated films:  a transition both in technologies and in implicit political messages

    Who murdered beauty?…an analysis of some trends in the world of art

    Cedar Sanderson asks What do Environmentalists, JRR Tolkein, Luddites, and Progressives all have in common?

    Company towns, then and now

    Posted in Arts & Letters, Business, Deep Thoughts, Film, Science, Society, Tech, Transportation | 8 Comments »

    Creative. Destruction

    Posted by Sgt. Mom on 26th September 2017 (All posts by )

    The mass freak-out following upon the election of The Donald to the highest office in the land continues unabated to this very day and hour. It’s been a little more than ten months; you’d have thought that the Hillary fans and the Bernie bros would have gained a bit of perspective, even a soupçon of philosophical acceptance. All contests, except for those held for elementary school-aged children where everyone gets a participation trophy, have winners and losers. But the political loss of the Dowager Duchess of Chappaqua to Donald Trump would appear to be the very first time that her loyal courtiers have ever experienced a tragedy of that magnitude, and so animus against Donald Trump and the people who voted for him continues unabated; loud, proud, 24-7 and ever more unhinged. (I’ve written before about this, here at Chicagoboyz and at NCO Brief.) It’s kind of hard to tell who the Hillary-adoring glitterati, entertainers, intellectuals and bureaucrats hate more; Donald Trump or the regular Joes and Josies who voted for him. And it’s not just the Trump-hate, but the continuing, relentless social justice warrior posturing about everything from gay marriage, transsexual privilege, to members of the black urban underclass having an unfortunately terminal encounter with the forces of law’n’order. It’s all become quite exhausting, even keeping track of who is supposed to be outraged by what. Read the rest of this entry »

    Posted in Arts & Letters, Business, Conservatism, Culture, Current Events, Film, Leftism, Media | 24 Comments »

    Robot Emeritus

    Posted by David Foster on 24th September 2017 (All posts by )

    Prior to WWII, only a small minority of Americans had checking accounts. With the postwar economic boom and with some promotion (here’s an ABA video intended to educate Americans about the virtues of the check), the number of checking-account-holders grew sharply, and the problem of processing all the checks became an increasingly large absorber of clerical workers.

    Attempting to dig itself out of the paperwork flood, Bank of America hired Stanford Research Institute to develop an automated solution.  The prototype system, called ERMA, was operational in early 1956.  The now-familiar MICR characters, printed in magnetic ink, were introduced to provide automatic account identification, so that only the amount of the check needed to be entered manually.  An ERMA system maintained account data (for up to 32000 customers) on a magnetic drum, so that overdrafts and stop-check requests could be identified in real time.  An automated check-sorting machine was included in the system.

    EMRA employed 8000 vacuum tubes and drew 80KW of power….it was not a stored-program computer but was wired for its specific function.  Development of follow-on production machines, which were solid-state and stored-program, was accomplished by NCR and GE.

    It still seems remarkable that checks…flimsy paper documents that are often treated pretty roughly…can be processed and sorted at 10 per second (in the case of ERMA) or even faster in the case of follow-on systems.  I read somewhere that when the ERMA system was being demonstrated to GE CEO Ralph Cordiner, he took one of his own checks, folded it in half, dropped in on the floor and stepped on it a couple of times, and then requested that it be included in the processing run.  Apparently the system handled it just fine.

    Some ERMA history

    A GE computer at work in a Chicago bank, in 1960

    I post items like this because they provide needed perspective in our present “age of automation” when there is so much media focus of robotics, artificial intelligence, and ‘the Internet of Things,’ but not a whole lot of understanding for how these fit on the historical technology growth trajectory.

    Previous Robot Emeritus posts:

    Railroad Centralized Traffic Control, 1927

    Manufacturing Automation, 1960

    Posted in Business, Economics & Finance, History, Tech | 1 Comment »

    Summer Rerun: Stupidity – Communist-Style and Capitalist-Style

    Posted by David Foster on 22nd September 2017 (All posts by )

    There’s an old story about a Soviet-era factory that made bathtubs. Plant management was measured on the total tonnage of output produced–and valves & faucets don’t add much to the weight, certainly not compared with the difficulty of manufacturing them. So the factory simply made and shipped thousands of bathtubs, without valves or faucets.

    The above story may be apocryphal, but the writer “Viktor Suvorov” tells an even worse one, based on his personal experience. At the time, he was working on a communal farm in Russia:

    The General Secretary of the Party set a task: there must be a sharp rise in agricultural output. So the whole country reflected on how best to achieve this magnificent aim.

    The fertilizer plant serving the communes in Suvorov’s area resolved to do its part:

    A vast meeting, thousands strong, complete with brass bands, speeches, placards, and banners, was urgently called at the local Chemical Combine. To a man, they shouted slogans, applauded, chanted patriotic songs. After that meeting, a competitive economy drive was launched at the Chemical Combine to harvest raw materials and energy resources.

    The drive lasted all winter, and in the spring, on Lenin’s birthday, all the workers came in and worked without pay, making extra fertilizer from the materials that had been saved…several thousand tons of liquid nitrogen fertilizer, which they patriotically decided to hand over, free of charge, to the Region’s collective farms.

    Read the rest of this entry »

    Posted in Business, Economics & Finance, Management, Russia | 16 Comments »

    Robots of the Week

    Posted by David Foster on 12th September 2017 (All posts by )

    Sewing robots.  Although spinning and weaving have long been highly mechanized, the final phase of the apparel-making value chain has resisted automation:

    IN 1970 William J. Bank, president of the Blue Jeans Corporation, predicted that there would be a man on Mars before the production of apparel was automated. Almost half a century later, he has not yet been proved wrong. 

    But that may change soon, given recent development in robotic sewing. Two companies, Softwear Automation (Atlanta) and Sewbo (Seattle) are pursuing different strategies:  Softwear’s approach is to create computer vision and robotic manipulation which is intelligent and subtle enough to deal with highly flexible fabric, whereas Sewbo’s approach is to temporarily stiffen the fabric in order to make working with it more like metalworking.

    Depending on how well these systems work in practice, and how the technology evolves, they may turn out to be not only the robots of the week, but the robots of the year or even the decade.  Apparel-making is a vast industry, concentrated in nations which are not-so-well-off economically, and employs a large number of people. A high level of automation would likely result in much of this production being relocated closer to the markets, thus saving transportation costs and shortening supply cycles.  The consequences for countries like China, Bangladesh, and Sri Lanka could be pretty unpleasant.

    Most likely, unforeseen problems will slow the full deployment of these systems and an Apparel Apocalypse will not occur.  It would certainly be wise, though, for the leaderships of apparel-manufacturing-intensive countries to focus on the need to develop a broader employment base.

    More here.

    See also my post on 3d knitting

    Posted in Business, China, Tech | 5 Comments »

    Machine Tools and Glassmaking

    Posted by David Foster on 5th September 2017 (All posts by )

    In early August, I visited the American Precision Museum in Vermont, which is dedicated to the history of the American machine tool industry, and also made a side trip to the Simon Pearce Glass facility, recommended by Mike Kennedy in comments not too long ago.  Images (should expand when clicked) from upper left…

    1–The museum is located in the former Robbins & Lawrence armory.  Power was initially from a waterwheel, later supplemented by steam

    2–Blanchard Copying Lathe.  Mechanically copies a prototype shape…a rifle stock, in the example shown, but also used for table and chair legs, etc

    3–A much later approach to automated cutting of a specified shape:  this is a paper tape reader used to feed data to a numerically-controlled machine tool.

    4–Bendix G-15 computer, from the mid-1950s.  This one was used for gear-cutting calculations, reducing the typical time taken from 2 hours to 2 minutes.  Computers of this type were also used to directly produce the punched paper tapes used to operate machine tools.

    5–Sewing machine from 1859.  The success of these devices created great demand for precision machining.

    6–A very elaborate model of a steam engine, made by a German man who came to the US between the wars. When he visited Germany in the 1950s, he found that the model had survived intact in an attic.

    7–Profile milling machine, for cutting the outside periphery of a flat surface.

    8–Columbia chainless bicycle, from the 1890s. An advantage of this type was that women could ride them without danger of getting their long skirts caught in a chain.  A disadvantage was the price…$125 in 1890 dollars!

    9–Bevel gear cutting machine…made gears of a type required for the chainless bicycle.  Not clear if this machine came before the Columbia bicycle or if it was a later production-cost improvement.

    10–The showroom at Simon Pearce glass.

    11 & 12–Hydroelectric dam and turbine used to generate power at Simon Pearce.  Capacity is about 600KW, and what they don’t use for their own needs (which are pretty significant given the electric glass-heating furnaces) is sold to the grid.

    Lots more pictures of Simon Pearce at this article.

    Posted in Business, Energy & Power Generation, Tech | 12 Comments »

    Robots of the Week

    Posted by David Foster on 12th August 2017 (All posts by )

     

    AGBOTS

     

    Posted in Business, Tech | 1 Comment »

    Diverse

    Posted by Sgt. Mom on 8th August 2017 (All posts by )

    There is an oft-quoted maxim generally credited to the late William F. Buckley to the effect that “Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views.”  So it also appears to be the case with the corporate and academic diversity-mongers; who are all about diversity when it is a matter of race, nationality, sex, sex-orientation, background and education level, but react like a bunch of screaming howler monkeys when what they have established as ‘conventional-think’ is transgressed upon or critiqued, even in a manner most thoughtful, The most current demonstration of this has been the Google-Diversity imbroglio, which was set off by a rather thoughtful memo (linked here) which ruminated on unconscious corporate assumptions, and suggested that there were other reasons than bias for a dearth of women in highly technical programming activities, and that Google’s own diversity culture was preventing discussion of effective means of remedying that lack. Oh, my … Read the rest of this entry »

    Posted in Business, Current Events, Internet, Media | 64 Comments »

    Robots Emeritus

    Posted by David Foster on 3rd August 2017 (All posts by )

    An interesting video from 1955 on manufacturing automation.

    How many of the people who are today projecting a technology-driven employment apocalypse have any idea that the industrial automation technology of 62 years ago was as capable as that shown in this video?

     

    Posted in Business, Economics & Finance, History, Tech | 10 Comments »

    Robots of the Week: Replacing Cashiers in Grocery Stores and Cafeterias

    Posted by David Foster on 22nd July 2017 (All posts by )

    Eliminating checkout lines via automatic object recognition: IMAGR and Mashgin.

    (Technically, these are artificial intelligence systems but probably shouldn’t really count as ‘robots’ since they respond to the physical world but don’t manipulate it)

    Posted in Business, Tech | 11 Comments »

    Summer Re-run: Granny Clarke

    Posted by Sgt. Mom on 10th July 2017 (All posts by )

    (A summer rerun from my other blog – a diverting reminiscence of California and Old Hollywood)

    Granny Clarke was the mother of my mothers’ dearest friend from the time that JP, my next-youngest brother and I were small children, before my sister Pippy was born, and my parents were living in a tiny rented cottage in the hills part of Beverly Hills – a house on a dirt road, with the surrounding area abundant in nothing much else but chaparral, eucalypts and rattlesnakes. Mom and her friend, who was eventually of such closeness that we called her “Auntie Mary” met when Mom began to attend services at a Lutheran congregation in West Hollywood, rather than endure the long drive to Pasadena and the ancestral congregation at Trinity Lutheran in Pasadena.
    Auntie Mary Hammond was a little older than Mom, with four sons, each more strapping than the other, in spite of Auntie Mary’s wistful hopes for one of them to have been a girl. The oldest were teenagers, the youngest slightly younger than JP . . . although Paulie was as large and boisterous as his older brothers and appeared to be more my contemporary. They lived all together with Auntie Mary Hammonds’ mother, Granny Clarke, in a townhouse in West Hollywood, an intriguing house built on a steeply sloping street, up a flight of stairs from the concrete sidewalk, with only a tiny garden at one side, and the constant background noise and bustle of the city all around, not the quiet wilderness of the hills, which JP and I were more used to. But there was one thing we had in common with Paulie and his brothers— an immigrant grandparent with a curious accent and a long career in domestic service in Southern California.
    Read the rest of this entry »

    Posted in Business, Customer Service, Film, History, Personal Narrative | 7 Comments »

    Why Does This Happen?

    Posted by Jonathan on 6th July 2017 (All posts by )

    Skype used to be the premier VOIP app (long before we called such things apps). It always had a crummy user interface but call quality was excellent and users put up with the rough edges. However, since Microsoft bought Skype call quality has declined, seemingly steadily. There are frequent software updates that don’t improve the user experience and sometimes introduce new problems. With its Skype updates on Windows MSFT forces you to opt out a la Java from having your browser configuration hijacked. Calls get dropped more than they used to. Calls that don’t go through are much more frequent. Bandwidth now seems to affect call quality even though it was once possible to use Skype easily over dialup Internet connections.

    This morning I tried to make a Skype call on my mobile and found there had been another upgrade, forcing me to waste minutes selecting a new background color and dismissing what’s-new pages and trying to find my contacts list, which is all I ever want to do. I don’t want to invite my contacts to use Skype, I don’t care about inserting GIFs into chats, I don’t care about the Skype community. I care about good, consistent call quality, about having my list of phone numbers propagate automatically to laptop or phone when I update the list, about having a Skype number for incoming calls, and about easy management of occasional conferences and international calls. I used to care about video calling but I gave up since good alternatives appeared. If Skype could restore its past high call quality I could happily put up with the other hassles. If Skype could also improve its UI in a few obvious ways I would be thrilled. It never happens. Why not?

    A company with a great product conspicuously fails to improve that product and it starts to lag competing products. Or a big company buys a small company and ruins its main product. MSFT’s management is no doubt part of the problem here but the pattern is familiar. Why is it familiar? You might think the smart people running MSFT would know better. Perhaps they don’t, perhaps this is a more difficult problem than it appears to be. Or perhaps something else is going on.

    Discuss.

    Posted in Business, Management, Organizational Analysis, Tech | 20 Comments »

    Summer Rerun: Selling New Concepts can be Challenging

    Posted by David Foster on 6th July 2017 (All posts by )

    Via Maggie’s Farm, here’s a Bob Newhart skit from 1970. Bob plays the role of an 1890s-style venture capitalist, talking on the phone with inventor Herman Hollerith, who is trying to explain the merits of punched card technology.

    LINK

    Related: Father, Son & Co., the biography of long-time IBM CEO Thomas Watson Jr, is the best business autobiography I’ve read. I reviewed it here.

    Posted in Advertising, Book Notes, Business, History, Media, Tech | 1 Comment »

    Summer Rerun: Leaving (Several Trillion) on the Table

    Posted by David Foster on 22nd June 2017 (All posts by )

    (Over at Ricochet, James Pethokoukis has a post/thread on French president Macron’s call for American scientists and engineers to move to France.  In comments, someone asked John Walker (cofounder of Autodesk) whether Macron could lure him to France “as part of a Silicon Valley Rhone or Loire?”  Walker’s response is also in the comments.  Also, this post from 2006/2009 about some earlier efforts at top-down technology-industry planning in Europe seemed relevant, so I linked it there as well.)

    The invention of the transistor was an event of tremendous economic importance. Although there was already a substantial electronics industry, based on the vacuum tube, the transistor gave the field a powerful shot of adrenaline and brought about the creation of vast amounts of new wealth.

    As almost everyone knows, the transistor was invented by John Bardeen, Walter Brattain, and William Shockley, all researchers at Bell Laboratories, in 1946. But a recent article in Spectrum suggests that the true history of the transistor is more complex…and interesting not only from the standpoint of the history of technology, but also from the standpoint of economic policy.

    The story begins in Germany, during World War II. Owing to short-sighted decisions by the Nazi leadership, Germany’s position in radar technology had fallen behind the capabilities of Britain and of the United States. (Reacting to the prospect of airborne radar, Herman Goering had said “My pilots do not need a cinema on board!”)

    But by 1943, even the dullest Nazi could see the advantages that the Allies were obtaining from radar. In February of that year, Goering ordered an intensification of radar research efforts. One of the scientists assigned to radar research was Herbert Matare, who had been an electronics experimenter as a teenager and had gone on the earn a doctorate.

    A key issue in military radar was the need for shorter wavelengths–which allowed for better target resolution (such as the ability to pick up the periscope of a submerged submarine) and also facilitated the miniaturization of radar equipment. Vacuum tube diodes (diode: a device that allows electricity to travel only in one direction) did not work well at these wavelengths, because the distance between the electrodes in the tube was too large. Matare was working with an alternative: crystal rectifiers similar to those he had tinkered with as a teenager.

    In the course of this work, he noticed that when configured in a certain way, a device made of germanium could do more that provide a one-way gate: it could amplify. A small signal could control a more powerful current. In principle, the vacuum tube–fragile, bulky, power-hungry, and hot-running–could be replaced with devices of this type.

    Focused on his war work, Matare did not have time to pursue the possibilities of his invention. (And very fortunately, he and his colleagues in German science and industry never came close to matching the Allied achievements in radar.) After the war, Matare moved to Paris and went to work for a Westinghouse subsidiary, Compagnie des Freins et Signaux Westinghouse. There he met Heinrich Welker, another German, a theoretical physicist who, remarkably, had also developed a transistor-like device, and the two men began working together on understanding the technology and its potential. After they began obtaining consistent results, in 1948, they contacted the director of the PTT, the French government agency responsible for posts and telecommunications. He was too busy to come by for a demonstration. But after the announcement of the transistor by Bell Labs in July of that year, there was a sudden upsurge of interest in the Welker/Heinrich project, and the PTT minister found time to visit the lab. He urged them to apply for a French patent on the device and also suggested that they call it by a slightly different name: the transistron. By 1949, the device was in limited commercial use: first as an amplifier on the Paris-Limoges telephone line, and later on the lines running from France to Algiers.

    The Spectrum article tells what happened next: not much. But the French government and Westinghouse failed to capitalize on the technical advantages in semiconductors that they then appeared to have. After Hiroshima, nuclear physics had emerged as the dominant scientific discipline in the public mind, and nuclear power was widely heralded as the wave of the future. France became enchanted with pursuing the nuclear genie unbottled in the 1940s, while ignorant of its promising transistron.

    Read the rest of this entry »

    Posted in Big Government, Business, Europe, France, Germany, Tech, USA | 4 Comments »

    The Apprentices

    Posted by David Foster on 17th June 2017 (All posts by )

    If anyone would like to discuss President Trump’s proposal for an expanded role for apprenticeship programs in America…and related broader issues of workforce training and skills development…this is the place.  Some useful links:

    Trump’s remarks on signing the executive order

    Text of the executive order

    Comments by Ivanka Trump and Labor Secretary Alex Acosta

    Existing Federal regulations re apprenticeship programs

    (There are also state regulations)

    Thoughts?

    Posted in Business, Economics & Finance, Trump, USA | 12 Comments »

    Patterns of Prejudice in Legal-Industry Hiring

    Posted by David Foster on 12th June 2017 (All posts by )

    In a study summarized here, two sociologists sent 316 law firms résumés with identical and impressive work and academic credentials, but different cues about social class. The study found that men who fit a profile identified by the researchers as “upper-class origins”…by listing hobbies like sailing and listening to classical music had a callback rate 12 times higher than those of men who signaled working-class origins, for example by mentioning country music and track and field sports.

    For comparison, the callback ratio between those profiled as “upper class men” versus “upper class women” was 4X.  Yet “lower class women” received callbacks at almost 5X the rate of “lower class men,” and at 1.6X the rate of “upper class women”!

    I’m not sure the metric used by the researchers really distinguishes economic class…there are a lot of very-well-off people who like country music…but rather some class archetype that exists in the minds of some people, evidently including those people involved in hiring at the subject law firms.  (I also wonder how many of these law firm people actually listen to classical music on any kind of basis, rather than just using it for an “our sort of person” filter)  It seems to me that regional/geographical prejudice (against southerners and rural people) and ethnic prejudice (against people of Scots-Irish background) are influencing these hiring decision-makers.

    Here are links for the abstract of the study, a presentation that summarizes the results,  and the complete paper.

    Posted in Business, Law, Management, USA | 29 Comments »

    The Internet Rewards Crazy (Rerun)

    Posted by Jonathan on 20th May 2017 (All posts by )

    (This is a reposting of a post from five years ago. I think it holds up pretty well. The Internet seems to be changing human society in significant ways which are not yet entirely clear. Perhaps the nature of what is happening will become a topic of systematic research.)

    —-

    Crazy, overconfident; the opposite of the judicious, scientific, skeptical temperament.

    Extreme opinions.

    Stubborn.

    Bombastic.

    The opposite of thoughtful.

    Read the rest of this entry »

    Posted in Business, Human Behavior, Internet, Society, Systems Analysis | 13 Comments »

    Worthwhile Reading – Science and Technology Edition

    Posted by David Foster on 15th May 2017 (All posts by )

    It seems that octopuses have the ability to edit their RNA dynamically.

    An interesting piece on FDA regulation and medical device innovation.

    Zymergen has automated part of the drug discovery process via a combination of robotics and machine learning.

    Was big data analytics (more specifically, excess faith in same) a major cause of Hillary Clinton’s electoral loss?

    Is there an artificial intelligence misinformation epidemic?

    Cotton spinning – a quintessential technology of the Industrial Revolution – returns to England.

    But to what degree will spinning, as well as weaving, cutting, and sewing, be replaced by 3d printing of clothing?

    James L Taylor Manufacturing, a 106-year-old company making clamps and other woodworking tools sold to producers of furniture, flooring, and cabinets, recently introduced a robotic nester…it replaces the work of a human nester who “snatches boards coming off a conveyer belt in random lengths, hastily rearranges them so that each row of one to five pieces is so long, and bundles the rows into a stack.” One mill in Mississippi placed an urgent order for 3 of these (at $115K each) with the explanation: “I have eight nesters and four of them just called in sick.”

    What is especially interesting about this is that the robotics system was not developed by hiring consultants from MIT or Silicon Valley; the company’s chief engineer (also part-owner of the company) designed the machine himself and wrote the 7000 lines of C++ code to run it.  Reminds me of the cucumber sorting machine developed by a Japanese guy to help out on his parents’ cucumber farm..although that system was developed for the family’s own use rather than as a saleable product as with the robotic nester.

    Posted in Business, Entrepreneurship, Health Care, Medicine, Tech | 6 Comments »

    Worthwhile Reading

    Posted by David Foster on 4th May 2017 (All posts by )

    Roger Simon:  Will Fascism come to America through its colleges and universities?

    Case in point:  Brooklyn College

    Also from Roger Simon:  Roots of Liberal/Progressive Rage

    Joel Hirsch:  The Gulag and the Islamists

    In 1711, the Spectator had some positive things to say about merchants–not a common opinion among the smart set in that place and time.  (Original article here.)

    Thoughts about the archetype of the American farm boy and the present-day hostility of elitist ‘progressives’ toward people who fit this archetype:

    Then it hit me. The new American myth, carefully constructed by the SJWs and their ilk, is that farmers are stupid. Mechanics are dumb. Plumbers only ply their trade because they are too stupid to take gender studies courses. And since they are all idiots, of course their children must be idiots too. Indeed, they are all far too stupid to be permitted a say in how their own lives are run.

    Related to the above:  The roots of campus progressivism’s madness

    Posted in Academia, Business, Civil Liberties, Civil Society, Islam, Leftism, USA | 20 Comments »

    Worthwhile Visiting

    Posted by David Foster on 15th April 2017 (All posts by )

    The National Museum of Industrial History is located on the site of the former Bethlehem Steel complex.  Most of the original buildings are derelict or partly torn-down, but the above array of blast furnaces and supporting equipment has been preserved.

    Suggested musical accompaniment for a visit to the place that was Bethlehem Steel…features a different company and a slightly different geography, but basically the same sad story.

    Posted in Business, Capitalism, History, Management, Tech, Unions, USA | 16 Comments »