Monthly Archives: 2012-11

30 published posts from 2012-11.

Binge drinking and sex: a graph

Have a look the following 2010 graph produced by the University of Delaware on their college students : The key aspects to realise from this graph are that the girls who don’t drink basically don’t have (unprotected) sex, and that, more surprisingly, the boys who don’t drink d...

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Posted in Uncategorized

Another Greek Bailout and other observations on the Southern European Financial crisis.

We were all resigned to hearing that eagerly awaiting whether or not the Greeks are going to get the 2-year extension on their debt obligations or not. The announcement has just come through : the Greeks are not just getting an extension but are to get another 50 billion Euro...

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Posted in Uncategorized

University reform, part III: so what can be done?

In part II, the barriers to reform in the university sector were discussed . It became clear that neither the governance structure nor the basic funding model was up for grabs. Also, one should not count on market forces, the unions, or the academics to be all that much help....

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Posted in Uncategorized

What's the matter with Mosman?

Mosman is failing the nation, says Miranda Devine . The residents of Australia's richest suburb might be honest, hard working and committed to their families but they're failing to demand the same behaviour from the lower classes. As a result, social norms are collapsing in lo...

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Posted in Politics - national

Where equity and efficiency thrive together: Can you propose some more examples?

Economists love tradeoffs. Indeed, their basic model of the world breaks down where such tradeoffs don't occur. Lucky for them since the world really is full of tradeoffs. If you want more carrots, you'll have to do with fewer of something else. Here they're substitutes. But,...

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Posted in Education, Society, Economics and public policy, Health, Blegs, Political theory

The Sins of the Fathers

PERSECUTION PERPETUATED: THE MEDIEVAL ORIGINS OF ANTI-SEMITIC VIOLENCE IN NAZI GERMANY* Nico Voigtlander Hans-Joachim Voth How persistent are cultural traits? Using data on anti-Semitism in Germany, we ?nd local continuity over 600 years. Jews were often blamed when the Black...

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Posted in History, Religion

University reforms, part II: the barriers

Australian universities are admin-heavy , have high student-academic ratios and in recent years have seen a race to the bottom in standards, related to a battle over student numbers. The selling out of previously amassed reputation by reducing entry barriers most recently beca...

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Posted in Uncategorized

University reform, part I: what are the options?

In previous posts I talked about the immense overhead in the university sector. Some 70 cents in the commonwealth dollar aimed at universities ends up in admin and US researchers have calculated that the optimal amount of administration is so much lower than the current Austra...

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Posted in Uncategorized

Filipino Restaurants: Another Data Point

Nearly two years I speculated on reasons why there are so few Filipino restaurants in Australia relative to the large number Filipino migrants. A secondary purpose was to discuss the uselessness of preference based explanations - not because they could not be true, but because...

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Posted in Food

The university coalface gets 28 cents in the dollar!

The question posed last week was how much of the money sent into the university sector at the point of DEEWR\DEST actually reaches the coalface in terms of teaching and research. My best guess answer is about 28 cents in the dollar, with the rest essentially going into admin....

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Posted in Uncategorized

Great essay on the Iron Curtain countries

Here's a great review essay by Louis Menand on Anne Applebaum’s “Iron Curtain: The Crushing of Eastern Europe”. Below the fold are a few snippets of what were highlights for me, but read the whole thing if you have time - it's full of remarkable facts about the the end of WWII...

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Posted in Politics - international, History, Political theory

In defence of Lazenby, the Aussie Bond

Amid all the praise for the Daniel Craig era of Bond films, it's time for all patriotic Aussies to understand the case for the only home-grown James Bond, George Lazenby. I am not especially a Bond fan, but I've long maintained that his sole Bond film, 1969's On Her Majesty's...

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Posted in Films and TV

Jobs on the division of labour - with a twist about innovation and some reflections on innovation at TACSI

http://www.youtube.com/watch?v=YabrOlqiQng&feature=plcp Though it goes against my contrarian grain, I'm a huge fan of Steve Jobs. (Call it contrarianism squared). This is a relatively new malady which has been produced by watching quite a few videos of him and reading a bit ab...

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Posted in Economics and public policy, Innovation

Will the second coming arrive in Missouri?

http://youtu.be/TxMD02zU9SE Apparently not. In any event, I found this an engaging conversation - even if it's about cult beliefs. I wouldn't have expected it, but I found Mitt Romney arguing for his cult more engaging than most of the rest of Mitt's campaigning. Pity he walke...

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Posted in Religion, Political theory

The Kurrajong Century: More that pillared pagodas

We've spent a long time talking about Australia's relation ship with our near North. The recent Asian Century White Paper succeeds the interminable early 90s debates about whether Australia was part of Asia, which succeeded the end of the White Australia interregnum, which suc...

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Posted in Politics - international, Art and Architecture

Cover Art

There's a beauty to cover songs. The musician, free from obligation to be new, hip commercial or even original, has simply to play homage to the songs that they love. When some people, not big stars, just talented people with some recording gear and the desire to have a crack...

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Posted in Music

Some mayhem on the chessboard

Click on the player's names to play the game to yourself and find out the solution. White to play F J Sanchez Guirado vs Ponomariov 21. ? See game for solution.

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Posted in Chess

Breaking the confessional seal is a bet on rogue priests

The very sharp Waleed Aly has joined the debate over whether Catholic child abuse justifies a legal requirement for priests to break the confessional seal . Aly's take: it's an argument with almost no practical consequences, because most priests see excommunication as a far wo...

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Posted in Politics - national, Religion

Intermediaries in the university sector?

Here is a question for you: of the funds going into the university sector via the commonwealth ministries (DEST), how much actually ends up paying for research and teaching versus other uses of the money? Included in research/teaching here would also be the buildings and rooms...

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Posted in Uncategorized

When transactions costs collapse and competition becomes 'perfect': the column

In physics we're used to the idea that at different scales and at different stages of some process, very different things happen. We inhabit Newton's world of medium sized things and speeds - planets, trees, footballs and travel at walking, driving or flying speed - even space...

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Posted in IT and Internet, Economics and public policy, Web and Government 2.0, Innovation, WOW! - Amazing

The danger in Pell's dubious anti-media script

To my astonishment, Catholic Archbishop of Sydney George Pell spent part of a press conference today claiming that the news media are exaggerating the scandal of Catholic Church child abuse in Australia . There was "a persistent press campaign against the Catholic Church's ade...

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Posted in Uncategorized, Politics - national, Religion, Media

The Chinese leadership's Marcos-like numbers

Reuters' Counterparties blog assembles Marcos-like numbers for China : "The perception that China is ruled by wise leaders adhering to neo-Confucian ideals has been contradicted by revelations of the massive wealth accumulated by its elite: an estimated $2.7 billion by the fam...

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Posted in Best From Elsewhere

Gregory and Knox on the record with Jan Libich

In his series on Australian macro-economics, Jan Libich this time has talked to Bob Gregory and Michael Knox. Bob was on the RBA board and still interacts extensively with Australian policy land. Michael is in the private sector (RBS Morgans) and as such advises firms on the m...

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Posted in Uncategorized

Is Catholicism in rude health?

Looking at the newspapers you’d think Catholicism is having a hard time with philandering priests and cover-ups of their doings being found out on a weekly basis. Dutch and German newspapers kept track for a while of the regional frequencies of new cases of sexual misconduct a...

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Posted in Uncategorized, Life, History, Society, Religion, Geeky Musings

Will the US election boost Australian pragmatism?

US election-watching is a great spectator sport for many Australian politics-watchers. As Bob Carr says, it's The Greatest Show On Earth. But in the actual real lives of Australians, the dull reality is that US elections generally have big direct effects on just one issue: the...

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Posted in Uncategorized

Public goods: the column

I've been talking about this kind of stuff for a fair while in presentations and intimated similar things in some longer pieces and a column or two on Adam Smith and Web 2.0, but I've not done a column on Web 2.0 as public goods privately built. But I have now . THERE'S a revo...

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Posted in Education, IT and Internet, Economics and public policy, Web and Government 2.0, Innovation

$100 bills on the pavement

My daughter alerted me to this very cute video of little kids in the US and their comprehension of the election. "There's the 'white house' and the 'black house'. . . " It's worth watching just for a bit of diversion. But I couldn't embed it so have just copied a still from it...

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Posted in Economics and public policy, Web and Government 2.0, Innovation

What is the optimal number of university administrators?

I was forwarded a fascinating paper on the optimal number of university administrators written by Martin and Hill who looked at public research universities in the US (the Carnegie I and II universities). The key result that they disclose in their abstract is that "the optimal...

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Posted in Uncategorized

Public and private goods: Part One

Both economic pedagogy and broad political discussion are based on what I've come to think of as anorectic understanding of public and private goods - which boils down to the idea that for things to go on well (let's say in an economy) you need a mix of public and private good...

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Posted in Philosophy, Economics and public policy, Political theory, Innovation

Lying politicians, part II: the limits to lies

In part, I talked about how politicians were forced to lie to us because we the population are their bosses and we enjoy flattery. A nice recent example of just that was the announcement that we were going to have 10 universities in the top 100 by 2025. Yeah, sure. We demand o...

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Posted in Uncategorized