Monthly Archives: September 2010

THE FOOLISHNESS OF SOME CLINICAL TRIALS.

THE FOOLISHNESS OF SOME CLINICAL TRIALS. I have posted before about the misuse of those clinical trials which require the control group to use existing therapies for which there is already abundant data. For example, I posted here last year … Continue reading

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LETTING THE CONTROL GROUP SUFFER.

LETTING THE CONTROL GROUP SUFFER. Amy Harmon writes wonderful and moving articles about the frontiers of cancer research. The New York Times had a heartbreaking and deeply troubling article by her on its front page this Sunday (September 19). It’s … Continue reading

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URBAN LIFE SHAPING NATURE.

URBAN LIFE SHAPING NATURE. Urban activities shape the natural environment in paradoxical ways. Sullivan says that fires in abandoned cars have encouraged certain species of birds and plants. Two naturalists have published an article calling arsonists “New York City’s incidental … Continue reading

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NEW YORK CITY—”AN ECOLOGICAL PARADISE.”

NEW YORK CITY—”AN ECOLOGICAL PARADISE.”.The New York magazine for September 20 advertises on the cover a wonderful article by Robert Sullivan about the rich ecology of New York City with the headline “The City as Ecological Paradise.” I have posted, … Continue reading

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FLATTERY.

FLATTERY. How do you go about getting power so that you can be corrupted and absolute power so you can be corrupted absolutely? The Schumpeter column in the September 11 Economist discusses some academic research on how to get power. … Continue reading

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THE IMPORTANCE OF THE GREEK DEBT CRISIS.

THE IMPORTANCE OF THE GREEK DEBT CRISIS. Kids, I posted here about how the euro is threatened by the Greek debt crisis. Michael Lewis in this interview says that he doesn’t think that Greece can repay 100% of its debt … Continue reading

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NOT COLLECTING TAXES.

NOT COLLECTING TAXES. Without accountants, a modern government would not be able to collect taxes. Greece didn’t collect taxes. Michael Lewis quotes the Greek finance minister: “The first thing a government does in an election year is to pull the … Continue reading

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NOT KNOWING HOW MANY EMPLOYEES YOU HAVE.

NOT KNOWING HOW MANY EMPLOYEES YOU HAVE. One of the things accountants do is keep track of things, such as assets—or employees. The Greek government did without a count of employees. There were a lot of off-the-books job-creation programs. Lewis … Continue reading

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WHAT IF THERE WERE NO ACCOUNTANTS?

WHAT IF THERE WERE NO ACCOUNTANTS? Bernie Madoff, of course, answers the question for private corporations. From another great Michael Lewis article in Vanity Fair, it seems that the Greek government provides a good example of what a public organization … Continue reading

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PRINCIPALS AND AGENTS AND ACCOUNTANTS (COMMENT).

PRINCIPALS AND AGENTS AND ACCOUNTANTS (COMMENT). Dick Weisfelder commented in particular about the success of executives of corporations in getting excessive compensation for themselves. I posted here about the success of investment banking executives in getting larger bonuses through shifting … Continue reading

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