24 DEC 2013 by ideonexus

 The Web of Causation

...complex systems, such as financial markets or the Earth’s biosphere, do not seem to obey causality. For every event that occurs, there are a multitude of possible causes, and the extent to which each contributes to the event is not clear, not even after the fact! One might say that there is a web of causation. For example, on a typical day, the stock market might go up or down by some fraction of a percentage point. The Wall Street Journal might blithely report that the stock market move...
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Nigel Goldenfeld explains why the simplistic explanations for market movements so popular in the news media are also so ridiculous.

27 JUL 2011 by ideonexus

 Preschool Social Programs Demonstrate the Importance of a...

In 1962, researchers wanted to test the effects of an early-childhood preschool training program they had designed. Kids in Ypsilanti, Michigan, were randomly assigned to one of two groups. The first attended the preschool program (which eventually became a model for other preschool programs nationwide, including Head Start). The second group did not. The differences powerfully illustrate the importance of a child’s early years. The kids in the program academically outperformed the contro...
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Programs like Head Start have a lifetime's worth of positive benefits for the children enrolled in them.