Reagan's Legacy

It ain't pretty. Details here.

Crazy Shit Wingers Believe


Wingers believe that college professors are evil Machiavellian manipulators of their children's thoughts, reliably turning them into liberals during a few hours of contact each week.

College professors trend liberal, young people trend liberal, correlation is not causation.

If this particular belief were actually true then right wing parents must have failed to introduce adequate critical thinking skills and/or failed to provide convincing support for their own beliefs, despite years of intimate contact with their children. Otherwise, their children would not be so susceptible to the wiles of professors who can apparently simultaneously beat the intricacies of single-variable calculus into the skulls of their progeny while also inculcating them with Marxist ideology. 

What is the Difference between the Financial and Palm Reading Industries?


Nothing other than the fees. In a meta study of financial research Campbell R. Harvey and colleagues, find that "most claimed research findings in financial economics are likely false." Not, that much research is false, or a majority of research is false, but most is false.

Why is this? Basic statistics. All the studies examined fail to correct for the multiple comparisons problem in their statistical testing and confound this by using very loose criteria for statistical significance.

This problem is further exacerbated by the inability to test hypotheses with rigorous experimental studies. Correlative studies plus faulty statistics equals nonsense.