Yesterday afternoon, my sister suffered a massive heart attack and was rushed to hospital. She died late in the evening, never having regained consciousness. She was 51. I will be doing whatever I can to support my brother-in-law Gord, my niece Samantha (who is due to deliver her first baby any day now), my nephew Jimmy and my mother.
There will be a few pre-scheduled items posted on the blog, but I don’t expect to be actively posting anything for at least a couple of days.
To help you avoid drinking bad wine, Amy Otto identifies the three most common causes of wine being unpleasant to drink:
You’ve scanned the wine list to find the perfect match. A few catch your eye. A nice Russian River Valley pinot noir, a Stags Leap District cabernet, or perhaps a New World Sangiovese. What’s not to love?
Your waiter presents the bottle to your table. You nod in approval. The wine is poured; you lean into your glass hoping to catch the lovely aroma, and instead your nose crinkles and puzzlement sets in. The glass is emitting an odor that reminds you of when it rained on that pile of newspapers you were going to recycle. It seemed like the perfect choice. How did this happen?
Despite a winemaker’s best efforts, occasionally you will run into a wine that is flawed. That’s why you try the wine before you commit to the bottle.
A good restaurant won’t object to taking back a bottle that has a clear flaw — that’s what you need to do when you taste the sample from the freshly opened bottle. You’re not trying to determine whether you like the wine, but you are given the opportunity to discover whether the wine has a flaw. Don’t be the asshole who sends back a perfectly good bottle of wine to impress your date or your business associate (and yes, I’ve seen it happen).
Published on 8 Feb 2015
What does an increase in the price of oil tell us? What does it signal? And how do we adjust to that signal? The price of oil gives users of oil an incentive to respond — by using less oil or substituting lower-cost alternatives for oil.
The key here is that we let people decide how to most effectively allocate the use of goods and resources. To solve the great economic problem, we need to solve information and incentive problems.
In this video, we take a look at how Nobel Prize-winner Friedrich Hayek described the price system and its approach to solving the information problem. We’ll also continue with our example of oil to show how the price is equal to the marginal value of oil or the social opportunity cost.
In The Lancet, Richard Horton discusses the problems of scientific journalism:
The case against science is straightforward: much of the scientific literature, perhaps half, may simply be untrue.
Afflicted by studies with small sample sizes, tiny effects, invalid exploratory analyses, and flagrant conflicts of interest, together with an obsession for pursuing fashionable trends of dubious importance, science has taken a turn towards darkness. As one participant put it, “poor methods get results”. The Academy of Medical Sciences, Medical Research Council, and Biotechnology and Biological Sciences Research Council have now put their reputational weight behind an investigation into these questionable research practices. The apparent endemicity of bad research behaviour is alarming. In their quest for telling a compelling story, scientists too often sculpt data to fit their preferred theory of the world. Or they retrofit hypotheses to fit their data. Journal editors deserve their fair share of criticism too. We aid and abet the worst behaviours. Our acquiescence to the impact factor fuels an unhealthy competition to win a place in a select few journals. Our love of “significance” pollutes the literature with many a statistical fairy-tale. We reject important confirmations. Journals are not the only miscreants. Universities are in a perpetual struggle for money and talent, endpoints that foster reductive metrics, such as high-impact publication. National assessment procedures, such as the Research Excellence Framework, incentivise bad practices. And individual scientists, including their most senior leaders, do little to alter a research culture that occasionally veers close to misconduct.
The second of the Queen Elizabeth class of aircraft carriers for the Royal Navy is still under construction. Here’s a time-lapse video of the transportation and installation of the forward island:
Published on 26 May 2015
Timelapse video charting the incredible journey of the 680-tonne command centre of the Royal Navy’s latest aircraft carrier – HMS Prince of Wales – as it left its construction hall in Govan, Glasgow this month before being installed on the under-construction carrier in Rosyth dockyard, near Edinburgh.
What more to say? Well, I could say that I am jealous of Jack’s choice of period. My choice of early Byzantium is a good one. Contrary to the general view, this was an age of heroism and genius. The fight the Byzantines put up against the barbarians and Persians and Moslems saved Western civilisation. There are few stories more inspiring than the defeat of the Arabs outside the very walls of Constantinople in 678 and 717. At the same time, nothing compares with what the Athenians achieved a thousand years earlier.
Forget the Egyptians and the Jews. Forget what we are told about the ancient Indians and Chinese. Forget even the Romans. Between about 600 and 300 BC, the Greeks of Athens and some of the cities of what is now the Turkish coast were easily the most remarkable people who ever lived. They gave us virtually all our philosophy, and the foundation of all our sciences. Their historians were the finest. Their poetry was second only to that of Homer – and it was they who put together all that we have of Homer. They gave us ideals of beauty, the fading of which has always been a warning sign of decadence; and they gave us the technical means of recording that beauty. They had no examples to imitate. They did everything entirely by themselves. In a world that had always been at the midnight point of barbarism and superstition, they went off like a flashbulb; and everything good in our own world is part of their afterglow. Every renaissance and enlightenment we have had since then has begun with a rediscovery of the ancient Greeks. Modern chauvinists may argue whether England or France or Germany has given more to the world. In truth, none of us is fit to kiss the dust on which the ancient Greeks walked.
Richard Blake, “Review of Jack England, Sword of Marathon“, RichardBlake.me.uk, 2013.
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