Worthwhile Reading & Viewing

John Barnes  asks: Are we as a society putting too much emphasis on  abstract categorization rather than practical application? The so-called Flynn Effect says that average IQs worldwide rise by about 3 points per decade, but:

Stuart Brown has  described younger engineers  at advanced research facilities who are “good at filling in bubbles” but don’t seem to be able to make a machine work. Senior engineers lament that the next generation overvalues its high test scores and undervalues the things that get the job done. Fine arts teachers tailor assignments to students who want to express  simpler ideas with easier tools  rather than acquire more open-ended and sophisticated skills.  

A smug and depressing post on “innovation”  by a French bureaucrat. Reminded me of my old post Leaving a Trillion on the Table (although “trillion” probably considerably understated the real amount of potential wealth left on the table in this matter.)

Should Apple get into the 3-D printing market?

Speaking of 3-D printing,  GE  is running a couple of interesting contests. First, there is  the GE jet engine bracket challenge–participants submit a design taking advantage of additive manufacturing capabilities to meet all performance criteria while minimizing mass. Submitted designs will be evaluated by simulation: the top ten will then be fabricated and subjected to actual loads. There is also  the 3-D printing production quest: high precision and advanced materials. This one is focused on making parts requiring extreme precision with complex geometries, especially for healthcare applications–entrants are going to need production as well as design capabilities, and in addition to the $50K prizes there may be an opportunity to become a GE supplier or otherwise “collaborate” with the company.

John Hawkins and friends select  the 20 hottest conservative women in the new media. (photos, obviously)

Hilarious Quote on Russia and Putin

I read Bloomberg every day. My WSJ online page is dusty to use an offline analogy compared to Bloomberg (although I skip over his gun control diatribes).

In this article titled “Putin Dividend Push Flops as Micex Discount at 4-year High” they discuss how the Russian stock index sports an extremely low price / earnings ratio of 5 and by other measures’ as well they are valued about half their “BRIC” peers. Putin was attempting to cajole Russian companies into paying larger dividends to increase this ratio but it largely has fallen on deaf ears.  The final (cheeky) paragraph illustrates why Bloomberg knows how to write:

“The Russian corporate sector would do almost anything on earth to be seen as modern and transparent, Eric Kraus, a managing director at Nikitsky Capital in Moscow, where he manages about $200 million in assets, said by e-mail on May 28. “Anything but pay fair dividends, respect minority interests in corporate transactions, or allow truly independent directors. There is a disconnect between the rhetoric and the reality.”

Cross posted at LITGM

Party Bike In London Traffic

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While across the pond in London I saw these blokes pedaling some sort of “party bike” (there is an entry in wikipedia for it with a similar photo on Tower Bridge) through London traffic. Apparently there is one sober guy who steers and everyone else drinks and likely occasionally pedals. I saw a few of them and as they went by the pedestrians lots of people hooted at them or tried to give some sort of hi five or British equivalent. In River North we have the party buses (trolleys) these seem more eco-friendly, I guess.

By the way I am trying this blogging for the first time with an application through my iPad so if it looks a little funky I will get better over time.

Funny Cars

This lotus made me laugh with the matching red Angry Bird on the dashboard.

Also liked the license plate on the BMW M5 calling out the Mercedes AMG competition.

Cross posted at LITGM