Archive for September 19th, 2007
A football field covered with M&M’s says don’t waste your money playing the lottery
I’m sure you’ve seen the photos of many of those many delighted lottery winners! Yes, they do exist. As we all know, though, winning the Powerball requires a lot of luck. For every smiling winner there are millions of people with nothing to show for their money. How much luck does it take to win [...]
The Evolution of Evolution
Contrary to the way it is portrayed by Creationists, the theory of evolution wasn’t handed down from the Goddess Athe to her true prophet Darwin, to whose faith all subsequent researchers have to slavishly adhere. From the day each of Darwin’s books were published, and for the century and a half since, serious and powerful [...]
How to fear
The June/July 2007 issue of Scientific American Mind presents in article by David G. Myers entitled “The Powers and Perils of Intuition.” (this particular article is not available online except to subscribers). The starting point for many articles on intuition is the work Kahneman and Tversky, who explored shortcuts we all take, heuristics, which enable [...]
Why it’s difficult to be a socially conscious investor.
The October 2007 edition of The Atlantic presents an article by Henry Blodget entitled “The Conscientious Investor.” It is an in-depth discussion of what it means to engage in “socially responsible investing,” or SRI. Up front, he makes the point that virtuous investing “can cost you.” To illustrate, if you had invested $1000 in the [...]





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