27 DEC 2013 by ideonexus

 Why Economists Will Continue to be Wrong

Carter had initially used arbitrary parameters in his perfect model to generate perfect data, but now, in order to assess his model in a realistic way, he threw those parameters out and used standard calibration techniques to match his perfect model to his perfect data. It was supposed to be a formality--he assumed, reasonably, that the process would simply produce the same parameters that had been used to produce the data in the first place. But it didn't. It turned out that there were many ...
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They make models based on past data, and when they fail to predict the future, they adjust them to match the new past data. The problem is that so many models will match the past data, there could be no end to the number of models they throw out.

20 SEP 2011 by ideonexus

 Evolution in the Laboratory Occurs Very Quickly

One approach is to compare the rates of evolution in the fossil record with those seen in laboratory experiments that used artificial selection, or with historical data on evolutionary change that occurred when species colonized new habitats in historical times. If evolution in the fossil record were much faster than in laboratory experiments or colonization events—both of which involve very strong selection—we might need to rethink whether selection could explain changes in fossils. But ...
Folksonomies: evolution experimentation
Folksonomies: evolution experimentation
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So quickly in fact that scientists could turn an elephant into a mouse in just 10,000 years.