We’ll start with the least angry post, which is itself an more-linky-less-thinky piece:
- Let housing prices fall: why we must and can’t (Andrew Sullivan)
Oh, hey, I know! Let’s have another bailout and postpone the reckoning another eighteen months or so! What does “sovereign debt crisis” mean?
Next, Karl Smith goes wharrgarbl:
- Rome is burning (Modeled Behavior)
We have very low capacity utilization (75%) and very high unemployment (10%).
That is, we have factories sitting idle for lack of workers – low capacity utilization. At the same time we have workers sitting idle for lack of factories – high unemployment.
There are machines waiting to be worked and people waiting to work them but they are not getting together. The labor market is failing to clear.
This is a fucking disaster.
Finally, Dr. Hirta snarks about one particular presentation format:
- A difference in culture (Learning Curves)
Apparently in fields outside mathematics, a “poster” is considered a serious form of academic communication and not something that middle-schoolers make with markers, construction paper, and glitter.
In computing science, posters are a sort of consolation prize: something you’re invited to submit when the programme committee rejects your paper but would love for you to pay the conference registration fee regardless.