need more financial regulations

“Wall Street has become mainly fraud and scams.  Wall Street traders and deal-makers ignore 90% of financial regulations,” said a dispirited citizen. “That’s why we need ten times as many financial regulations,” responded an earnest government bureaucrat.

informational generosity

Information sources reporting on studies, but not actually citing and linking to those studies, apparently don’t want to help readers to learn more.  Not citing and linking has created well-justified frustration.  Sources that don’t provide relevant citations and links should be judged less credible.  You should be suspicious of their motives.  You should be offended … Continue reading informational generosity

so much for the Enlightenment

Jay Rosen on Wikileaks’ Afghanistan War Logs: 8. … “We tend to think: big revelations mean big reactions. But if the story is too big and crashes too many illusions, the exact opposite occurs.” My fear is that this will happen with the Afghanistan logs. Reaction will be unbearably lighter than we have a right … Continue reading so much for the Enlightenment

professional work hours circa 1900

Telephone traffic profiles by time of day at the beginning of the twentieth century provide evidence of work hours. Analyzing telephone traffic data, a telephone engineer with Chicago Telephone Company described the Chicago business day about 1902: In the Main office district in Chicago the business day may be said to have begun at 8.30 … Continue reading professional work hours circa 1900