ArchiveNovember 2017

Stop using Excel, finance chiefs tell staffs

It was only a matter of time: Finance chiefs say the ubiquitous spreadsheet software that revolutionized accounting in the 1980s hasn’t kept up with the demands of contemporary corporate finance units. Errors can bloom because data in Excel is separated from other systems and isn’t automatically updated. Older versions of Excel don’t allow multiple users to work together in one document...

The “phantom reference:” How a made-up article got almost 400 citations

Pieter Kroonenberg, an emeritus professor of statistics at Leiden University in The Netherlands, was puzzled when he tried to locate a paper about academic writing and discovered the article didn’t exist. In fact, the journal—Journal of Science Communications—also didn’t exist. Perhaps Kroonenberg’s most bizarre discovery was that this made-up paper, “The art of writing a scientific article,” had...

NYC’s high school equivalency program is a complete boondoggle

Despite a $52 million budget last fiscal year, the DOE’s Office of Adult and Continuing Education, OACE, says it awarded only 150 diplomas — less than half as many as the year before. The lame results alarm City Councilman Daniel Dromm, chairman of the education committee, who held a hearing on adult-ed in September after a Post report. […] Insiders blame the failure on “gross...

Half of American colleges will be bankrupt in 10 to 15 years?

There are over 4,000 colleges and universities in the United States, but Harvard Business School professor Clayton Christensen says that half are bound for bankruptcy in the next few decades. Christensen is known for coining the theory of disruptive innovation in his 1997 book, “The Innovator’s Dilemma.” Since then, he has applied his theory of disruption to a wide range of...

The improbable origins of PowerPoint

PowerPoint is so ingrained in modern life that the notion of it having a history at all may seem odd. But it does have a very definite lifetime as a commercial product that came onto the scene 30 years ago, in 1987. Remarkably, the founders of the Silicon Valley firm that created PowerPoint did not set out to make presentation software, let alone build a tool that would transform group...

Sue the journal if it publishes an article critical of your research

Stanford University professor Mark Z. Jacobson has filed a lawsuit, demanding $10 million in damages, against the peer-reviewed scientific journal Proceedings of the National Academy of Sciences (PNAS) and a group of eminent scientists (Clack et al.) for their study showing that Jacobson made improper assumptions in order to claim that he had demonstrated U.S. energy could be provided exclusively...

About me

Stephen

Professor and quant guy. Libertarian turned populist Republican. Trying to learn Japanese and play Spanish Baroque music on the ukulele.

Subscribe via email

Enter your email address to subscribe to my blog and receive notifications of new posts by email.

Tags