On Reading Joan Didion

I’ve only read one novel by Joan Didion: The Year of Magical Thinking. It was depressing, and I vowed to not read anything by her for a while. I still haven’t.

But reading this New York Magazine feature by Boris Kachka, about Didion’s latest memoir, Blue Nights (slated for release on November 1, 2011), I think I will get back to reading her other novels.

Kachka on Didion’s most famous work:

The Year of Magical Thinking transformed Didion, who looks today like the world’s unlikeliest self-help guru. Perched on a white slipcovered love seat in front of the fireplace in her split-level living room—which is where her husband died—she speaks reluctantly but in sudden crescendos, punctuated by nervous laughs. On a vast coffee table between us sit neatly stacked books of all sizes—many of them unread, she tells me. And all around—on shelves, mantels, and dressers, and arrayed along a hallway that leads to two offices and two bedrooms—are pictures of mostly bygone family. “I hadn’t thought that I was generally a pack rat, but it turns out I am,” she says, showing me around the orderly apartment. “Everything here is a mess.”

By far the best-selling book of her nearly half-century career, The Year of Magical Thinking sold more than a million copies and made its author, for the first time, a truly public figure, even a kind of literary saint—no longer a cult favorite but a celebrity writer embraced by book clubs and heralded in airport bookstores. That success was a disorienting shock, she says—especially the crowds. “People would stop me in airports and tell me what it had done for them,” she tells me. “I had no clue; I hadn’t done anything as far as I could see.”

This seems to be an unconventional, recluse-like attitude:

When that happens, “I go remote on them,” she says. “I actively do not want to be a mentor. I never liked teaching, for that reason.”

Superb analysis here, and how I felt after reading The Year of Magical Thinking:

In each case, she makes the story her own—slyly conflating private malaise and social upheaval, a signature technique that has launched a thousand personal essayists. But sometimes it’s difficult to tell which of her confessions are genuine and which calculated for literary effect, how much to trust her observations as objective and how much to interrogate them as stylistic quirks. Her clinical brand of revelation can sometimes feel like an evasion—as likely to lead the reader away from hard truths as toward them.

So if Didion admits this kind of attitude, how could her books affect the people that read them? It is ironic, to be sure:

In person, Didion does concede to me the occasional hard criticism. She admits that her writing might lack empathy, even human curiosity. “I’m not very interested in people,” she says. “I recognize it in myself—there is a basic indifference toward people.”

 As I’ve mentioned, I will read Didion’s other works. The hard decision, for me, is to choose the right work. I don’t think Blue Nights is it.

The Man Who Sailed His House

In this month’s GQ, Michael Paterniti writes a remarkable story of a Japanese man named Hiromitsu who survived the March 11 earthquake and subsequent tsunami. Not only is the story incredible, but so is the narration (you here are this man, experiencing the catastrophe in the present):

At two forty-six, something rumbles from deep in the earth, a sickening sort of grinding, and then everything lurches wildly, whips back, lurches more wildly still. The cut boards stacked along the wall clatter down, and your first move is to flee the shed, to dive twenty feet free onto open ground and clutch it, as if riding the back of a whale. Time elongates. Three minutes becomes a lifetime.

When the jolting ends, stupefaction is followed by dismay—and then a bleary accounting. Already phones are useless. The boss, Mr. Mori, urges you to rush home to check on your wife and parents, but fearing a tsunami, fearing a drive down into the lowlands by the sea, and trusting the strength of your concrete house to protect your wife and parents, you at first refuse. There are ancient stone markers on this coast, etched warnings from the ancestors, aggrieved survivors of past tsunamis—1896, 1933—beseeching those who live by the water to build on the inland side of their hubris or suffer the consequences.

A description of the approaching tsunami:

You don’t look out to sea, not once; you stand staring at the mountain, Kunimi, in the distance. And now you can hear her downstairs, inside again, and now comes the creak of the bathroom door. Comes the sound of running water. Comes this vision of the mountain, placid, immovable—and then, to your right, to the north, within twenty feet, drifts the whole house of your neighbor. The house is moving past as if borne by ghosts. When you turn left, to the south and the garden, everything is as it’s always been, dry and in place. When you turn back the other way, you can see only this coursing field of ocean.

Just an incredible descriptive paragraph here:

This force is greater than the force of memory, or regret, or fear. It’s the force of an impersonal death, delivered by thousands of pounds of freezing water that slam you into a dark underworld, the one in which you now find yourself hooded, beaten, pinned deeper. The sensation is one of having been lowered into a spinning, womblike grave. If you could see anything in the grip of this monster, fifteen feet down, you’d see your neighbors tumbling by, as if part of the same circus. You’d see huge pieces of house—chimneys and doors, stairs and walls—crashing into each other, fusing, becoming part of one solid, deadly wave. You’d see shards of glass and splintered swords of wood. Or a car moving like a submarine. You’d see your thirty pigeons revolving in their cage. Or your wife within an arm’s reach, then vacuumed away like a small fish. You frantically flail. Is this up or down?

The experience of being out at sea, and deciding: should I drink? Should I eat? Can I?

At sunset, sky in scratches of purple light, a gnawing in your gut tells you it’s dinner, so you crack open the first can, drink, then, head tilted back, try to lick out the last drop. The roof is perhaps twelve feet by six, of corrugated metal nailed to wood beams, your raft at sea. Last night, you and Yuko slept beneath it, and now you perch atop it on the sea, above the goblin sharks and whatever else lurks below. 

Hiromitsu forces himself from going to sleep, and soon experiences hallucinations. Frightening:

You’re convinced you see a body coming near, and start screaming—Help me! But then it’s a tree trunk. In another you see a huge wave hurtling toward the roof and imagine turning into a tree to save yourself. But just as you think to stand and hang your arms like branches, you stop yourself for fear the roof will tip.

And what of the rescue?

Out of the oblivion, a clear voice responds, “We’re here,” and the boat drifts alongside your roof-home, and the voice asks, “Which side is safest?” And you say, “The side toward land, please,” as you strip the plastic container full of notes from your body and place it on the altar of your futon. Then one of the bundled figures steps out of the lifeboat onto the tippy roof and comes toward you with arms outstretched. The figure leads you across, five paces, and only when you lean forward into their boat and splay your body over its hard gunwale, like a glorious falling tree, do you know it’s real…

This is a story of survival, love, and loss. Hiromitsu lost his wife to the tsunami, but he carries her memory:

This is how you speak to her, through the scraps in the bag, but also aloud sometimes. Before eating, you might murmur, “Thank you,” as if she’s prepared the food on your plate. You might do the same on a beautiful day, as if she’s created it. And before bed each night, you tell her you love her. You say this to her presence or spirit, but you forgo mementos, little altars, or pictures on the wall. You can’t bear the idea of seeing her again, as you knew her in all those endless days before the wave.

Peter Thiel on Technology, Science, Politics

Peter Thiel, the founder of PayPal, in his piece, “The End of the Future,” offers excellent food-for-thought regarding technology, science, innovation, politics, and the economy.

The state of true science is the key to knowing whether something is truly rotten in the United States. But any such assessment encounters an immediate and almost insuperable challenge. Who can speak about the true health of the ever-expanding universe of human knowledge, given how complex, esoteric, and specialized the many scientific and technological fields have become? When any given field takes half a lifetime of study to master, who can compare and contrast and properly weight the rate of progress in nanotechnology and cryptography and superstring theory and 610 other disciplines? Indeed, how do we even know whether the so-called scientists are not just lawmakers and politicians in disguise, as some conservatives suspect in fields as disparate as climate change, evolutionary biology, and embryonic-stem-cell research, and as I have come to suspect in almost all fields?

Not so sure about this statement. Nuclear engineering remains a strong major at Georgia Tech, for example:

 One cannot in good conscience encourage an undergraduate in 2011 to study nuclear engineering as a career. 

On the big pharmaceutical companies today:

In the next three years, the large pharmaceutical companies will lose approximately one-third of their current revenue stream as patents expire, so, in a perverse yet understandable response, they have begun the wholesale liquidation of the research departments that have borne so little fruit in the last decade and a half.

I think this is Thiel’s most important point in the piece.  Read it carefully:

If meaningful scientific and technological progress occurs, then we reasonably would expect greater economic prosperity (though this may be offset by other factors). And also in reverse: If economic gains, as measured by certain key indicators, have been limited or nonexistent, then perhaps so has scientific and technological progress. Therefore, to the extent that economic growth is easier to quantify than scientific or technological progress, economic numbers will contain indirect but important clues to our larger investigation.

The single most important economic development in recent times has been the broad stagnation of real wages and incomes since 1973, the year when oil prices quadrupled. To a first approximation, the progress in computers and the failure in energy appear to have roughly canceled each other out. Like Alice in the Red Queen’s race, we (and our computers) have been forced to run faster and faster to stay in the same place.

One interesting anecdote, in which Thiel quotes from the 1967 bestseller The American Challenge by Jean-Jacques Servan-Schreiber:

In 30 years America will be a post-industrial society. . . . There will be only four work days a week of seven hours per day. The year will be comprised of 39 work weeks and 13 weeks of vacation. With weekends and holidays this makes 147 work days a year and 218 free days a year. All this within a single generation.

And what does Thiel really think of John Maynard Keynes?

The most common name for a misplaced emphasis on macroeconomic policy is “Keynesianism.” Despite his brilliance, John Maynard Keynes was always a bit of a fraud, and there is always a bit of clever trickery in massive fiscal stimulus and the related printing of paper money. 

And I strongly agree with Thiel here. It’s a shame how science and engineering get passed over by our politicians:

Most of our political leaders are not engineers or scientists and do not listen to engineers or scientists. Today a letter from Einstein would get lost in the White House mail room, and the Manhattan Project would not even get started; it certainly could never be completed in three years. I am not aware of a single political leader in the U.S., either Democrat or Republican, who would cut health-care spending in order to free up money for biotechnology research — or, more generally, who would make serious cuts to the welfare state in order to free up serious money for major engineering projects.

Where will the United States be in a year? In five years? In ten?

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(via Tyler Cowen)

The Importance of Coaches

Have you ever wondered why sports stars and musicians have coaches, but they seem to be less common in professional settings? Atul Gawande ponders the same thing in his brilliant piece in The New Yorker, “Personal Best.” His perspective is that of a doctor operating on patients, but I think Gawande’s hypothesis can be expanded to numerous professions:

I watched Rafael Nadal play a tournament match on the Tennis Channel. The camera flashed to his coach, and the obvious struck me as interesting: even Rafael Nadal has a coach. Nearly every élite tennis player in the world does. Professional athletes use coaches to make sure they are as good as they can be.

But doctors don’t. I’d paid to have a kid just out of college look at my serve. So why did I find it inconceivable to pay someone to come into my operating room and coach me on my surgical technique?

I like the extension of coaching to sports and Gawande contacting Itzhak Perlman:

Coaching in pro sports proceeds from a starkly different premise: it considers the teaching model naïve about our human capacity for self-perfection. It holds that, no matter how well prepared people are in their formative years, few can achieve and maintain their best performance on their own. One of these views, it seemed to me, had to be wrong. So I called Itzhak Perlman to find out what he thought.

I asked him why concert violinists didn’t have coaches, the way top athletes did. He said that he didn’t know, but that it had always seemed a mistake to him. He had enjoyed the services of a coach all along.

And how did Gawande’s coach help Gawande? Tremendously:

I never noticed, for example, that at one point the patient had blood-pressure problems, which the anesthesiologist was monitoring. Nor did I realize that, for about half an hour, the operating light drifted out of the wound; I was operating with light from reflected surfaces. Osteen pointed out that the instruments I’d chosen for holding the incision open had got tangled up, wasting time. That one twenty-minute discussion gave me more to consider and work on than I’d had in the past five years.

Of course, the piece would be incomplete without this disclaimer:

Coaching has become a fad in recent years. There are leadership coaches, executive coaches, life coaches, and college-application coaches. Search the Internet, and you’ll find that there’s even Twitter coaching.

A key takeaway here:

For society, too, there are uncomfortable difficulties: we may not be ready to accept—or pay for—a cadre of people who identify the flaws in the professionals upon whom we rely, and yet hold in confidence what they see. Coaching done well may be the most effective intervention designed for human performance. Yet the allegiance of coaches is to the people they work with; their success depends on it. And the existence of a coach requires an acknowledgment that even expert practitioners have significant room for improvement. Are we ready to confront this fact when we’re in their care?

Now if you’ll excuse me, I need to find myself a tennis and life coach, not necessarily in that order.

On Living in Atlanta

Atlanta has been my home for most of my life. It’s a massive, sprawling city unlike any I’ve lived or visited in the world.

In the latest issue of More Intelligent Life, a correspondent for The Economist, Jon Fasman, reminisces about living in Atlanta, after having lived in New York City, Washington D.C., Hong Kong, London, and Moscow (Russia). It’s a great read.

Ah, the big ice storm in February of this year which shut the city down:

The weekend after we moved down, it snowed. Not much—an inch or two over a full day—but it shut the city down. Something similar but worse happened this year: a three-inch storm coupled with a week of below-freezing temperatures shut the city down for nearly a week.

I like this comparison:

Different cities are suited to different seasons: a few years back I was posted to Moscow, which blooms in the winter and wilts in summer. New York’s summer days are repulsive—walking outside feels like swimming through garbage soup—but there is no place I’d rather spend a summer evening. Atlanta is built for spring and fall—the pleasant seasons, and Atlanta is a profoundly pleasant city. 

Vivid descriptions in this paragraph. Though I suspect you can extend the relaxation into the weekends in Atlanta (at least, in my view, more so than you would in New York City):

That is not as easy as it seems. New York is thrilling, Hong Kong a marvel of density, Moscow the closest a city can get to a cocaine level of jitteriness and excitement, London endless: I love all four places, but I would never describe them as pleasant. They are none of them as comfortable and human-scaled as Atlanta. Social life just sort of happens here. In New York and London my calendar filled up weeks in advance; here it is not unusual to look forward to a relaxing, empty weekend on Thursday and then find that Saturday and Sunday are frantic.

Lastly, I have to agree with the author’s assessment here. Atlanta has terrible traffic (I believe Atlantans spend more time in traffic getting to their jobs than anywhere else in the country), our public transportation system (MARTA) is severely limited, and schools ITP aren’t on the same level as those OTP.

 Atlantans divide the area into “ITP” and “OTP”—Inside the Perimeter and Outside the Perimeter, the highway that rings the city and its closest suburbs. Most of the area’s population is O; most of its charms are decidedly I. One quirk of Atlanta’s development is that urban areas like mine feel rather rustic, while suburbs that were rural 30 years ago are now strip-malled, parking-lotted and planned-communitied into blacktopped uniformity. For all its charms, Atlanta provides an object lesson for mid-sized cities today in how not to grow. It sprawls, it really does have bad traffic, and thanks to a befuddling stew of overlapping city and county governments, it has negligible public transport and dysfunctional state schools. Better to treat the perimeter as a national border, and cross it only on trips abroad.

Do read the whole article and don’t miss the solid recommendations on what to do/see at the bottom of the piece.

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If you’re a native to Atlanta, what’s your opinion on the author’s take of Atlanta? If you’ve only visited Atlanta, how does it differ from other cities you’ve visited?

Milton Glaser: Ten Things I Have Learned in Life

I can’t remember who pointed me to Milton Glaser’s essay about the ten things he has learned in his life, but it’s easily one of the best things I’ve read this year. I encourage you to read the whole thing.

My favourite lessons are below:

You can only work for people that you like. This is a curious rule and it took me a long time to learn because in fact at the beginning of my practice I felt the opposite. Professionalism required that you didn’t particularly like the people that you worked for or at least maintained an arms length relationship to them, which meant that I never had lunch with a client or saw them socially. Then some years ago I realised that the opposite was true. I discovered that all the work I had done that was meaningful and significant came out of an affectionate relationship with a client. And I am not talking about professionalism; I am talking about affection. I am talking about a client and you sharing some common ground. That in fact your view of life is someway congruent with the client, otherwise it is a bitter and hopeless struggle…

On avoiding toxic people in life:

And the important thing that I can tell you is that there is a test to determine whether someone is toxic or nourishing in your relationship with them. Here is the test: You have spent some time with this person, either you have a drink or go for dinner or you go to a ball game. It doesn’t matter very much but at the end of that time you observe whether you are more energised or less energised. Whether you are tired or whether you are exhilarated. If you are more tired then you have been poisoned. If you have more energy you have been nourished. The test is almost infallible and I suggest that you use it for the rest of your life. 

I want to surround myself with people that exhilarate me, that help me blossom.

Is less more? Milton Glaser doesn’t think so:

Being a child of modernism I have heard this mantra all my life. Less is more. One morning upon awakening I realised that it was total nonsense, it is an absurd proposition and also fairly meaningless. But it sounds great because it contains within it a paradox that is resistant to understanding. But it simply does not obtain when you think about the visual of the history of the world.

I applaud Glaser for understanding the importance of how environment shapes our development, particularly our brain:

How you live changes your brain. We tend to believe that the mind affects the body and the body affects the mind, although we do not generally believe that everything we do affects the brain. I am convinced that if someone was to yell at me from across the street my brain could be affected and my life might changed. That is why your mother always said, ‘Don’t hang out with those bad kids.’ Mama was right. Thought changes our life and our behaviour.

May I suggest you go back to the David Eagleman piece and learn more about how our brain is affected by environmental stimuli?

Do you approach things in life with, would you say, mostly unquestioning acceptance or doubt? I love this one:

Doubt is better than certainty. Deeply held beliefs of any kind prevent you from being open to experience, which is why I find all firmly held ideological positions questionable. It makes me nervous when someone believes too deeply or too much. I think that being sceptical and questioning all deeply held beliefs is essential. Of course we must know the difference between scepticism and cynicism because cynicism is as much a restriction of one’s openness to the world as passionate belief is. They are sort of twins. And then in a very real way, solving any problem is more important than being right.

Yes, there is nuance to the life lesson above. If you approach something with too much doubt, too often, you will become cynical. And that’s exactly what Glaser warns about in the essay. As for me, I have always been one to doubt first, accept second. Many times it appears as though I am trying to clash with someone’s belief on purpose, and I am perceived as obstinate and annoying. But those that can see through that personality quirk become my friends.

If you read through the end, the last lesson is: tell the truth. Milton Glaser is a designer, and his basic premise is that telling the truth is important no matter what field or practice you choose to go into. These are ten lessons to cherish.

Law Schools: A Rip-Off?

In a troubling New York Times piece, we learn how profitable law schools really are. They make graduate school look great by comparsion…

Legal diplomas have such allure that law schools have been able to jack up tuition four times faster than the soaring cost of college. And many law schools have added students to their incoming classes — a step that, for them, means almost pure profits — even during the worst recession in the legal profession’s history.

Whereas some departments are struggling to hire more professors, in law school it is a different story:

It is one of the academy’s open secrets: law schools toss off so much cash they are sometimes required to hand over as much as 30 percent of their revenue to universities, to subsidize less profitable fields.

In short, law schools have the power to raise prices and expand in ways that would make any company drool. And when a business has that power, it is apparently difficult to resist.

And a striking example from New York Law School (N.Y.L.S.):

N.Y.L.S. is ranked in the bottom third of all law schools in the country, but with tuition and fees now set at $47,800 a year, it charges more than Harvard. It increased the size of the class that arrived in the fall of 2009 by an astounding 30 percent, even as hiring in the legal profession imploded. It reported in the most recent US News & World Report rankings that the median starting salary of its graduates was the same as for those of the best schools in the nation — even though most of its graduates, in fact, find work at less than half that amount…

And the most damning fact in the piece:

From 1989 to 2009, when college tuition rose by 71 percent, law school tuition shot up 317 percent.

Run, don’t walk, away from law schools.

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Related: Is getting a PhD worth it?

Ray Dalio’s Richest and Strangest Hedge Fund

In this month’s New Yorker, John Cassidy profiles Ray Dalio, the founder of Bridgewater Associates, said by some to be the strangest hedge fund in the world.

I found the piece interesting, though I did think Cassidy could have done a better job explaining the nuances of Dalio’s behavior, such as evidenced in this paragraph:

Dalio asked for another opinion. From the back of the room, a young man dressed in a black sweatshirt started saying that a Chinese slowdown could have a big effect on global supply and demand. Dalio cut him off: “Are you going to answer me knowledgeably or are you going to give me a guess?” The young man, whom I will call Jack, said he would hazard an educated guess. “Don’t do that,” Dalio said. He went on, “You have a tendency to do this. . . . We’ve talked about this before.” After an awkward silence, Jack tried to defend himself, saying that he thought he had been asked to give his views. Dalio didn’t let up. Eventually, the young employee said that he would go away and do some careful calculations.

Do you believe the world is mechanical? Do parts come together to work as a seamless whole? Ray Dalio thinks so:

Many hedge-fund managers stay pinned to their computer screens day and night monitoring movements in the markets. Dalio is different. He spends most of his time trying to figure out how economic and financial events fit together in a coherent framework. “Almost everything is like a machine,” he told me one day when he was rambling on, as he often does. “Nature is a machine. The family is a machine. The life cycle is like a machine.” His constant goal, he said, was to understand how the economic machine works. “And then everything else I basically view as just a case at hand. So how does the machine work that you have a financial crisis? How does deleveraging work—what is the nature of that machine? And what is human nature, and how do you raise a community of people to run a business?”

So who invests in Bridgewater Associates, exactly? Not wealthy invididuals:

Part of Dalio’s innovation has been to build a hedge fund that caters principally to institutional investors rather than to rich individuals. Of the roughly one hundred billion dollars invested in Bridgewater, only a small proportion comes from wealthy families. Almost a third comes from public pension funds, such as the Pennsylvania Public School Employees’ Retirement System; another third comes from corporate pension funds, such as those at Kodak and General Motors; a quarter comes from government-run sovereign wealth funds, such as the Government Investment Corporation of Singapore.

A surprise about Bridgewater’s investing tendencies (no U.S. markets?):

Is Bridgewater really any different? Although the firm trades in more than a hundred markets, it is widely believed that the great bulk of its profit comes from two areas in which Dalio is an expert: the bond and currency markets of major industrial countries. Unlike some other hedge funds, Bridgewater has never made much money in the U.S. stock market, an area where Dalio has less experience.

While the piece makes it sound like working at Bridgewater is quite the challenge, I appreciated this nugget:

Dalio insists that money has never been his main motivation. He lives well, but avoids the conspicuous consumption that some of his rivals indulge in. He and his wife, Barbara, to whom he has been married for thirty-four years, own two houses, one in Greenwich, Connecticut, and one in Greenwich Village, which he sometimes uses on weekends. (They are currently building a new house on the water in Connecticut.) Apart from hunting and exploring remote areas, Dalio’s main hobby is music: jazz, blues, and rock and roll. Recently, he joined a philanthropic campaign started by Bill Gates and Warren Buffett, pledging to give away at least half of his money.

Ray Dalio is a man I’d like to meet. We could talk about books and music and photography. And oh yes, the financial markets (I do have a degree in quantitative finance, after all, and work in the financial sector).

Readings: Facebook MD, Trading, Rainbow Toad, Tweeting Birds, Dominion of Melchizedek

What I’ve read online today:

(1) “How Facebook Saved My Son’s Life” [Slate] – amazing story of how Facebook friends of one mother, Deborah Kogan, recognized symptoms of the rare Kawasaki disease in her young son, all while doctors missed the initial diagnosis…

(2) “How Hard Is It To Become the Michael Jordan of Trading?” [The Big Picture] – if you’ve ever wondered the statistics on what it takes to become a professional athlete, this post provides some numbers:

The talent pool gets much more competitive at the college level. The NCAA estimates approximately 3% of HS basketball players, and 6% of HS football and baseball players make an NCAA team.

If those number look daunting, the cut is far more challenging at the professional level. In basketball, only 1.2% of NCAA senior players get drafted by an NBA team. NFL drafts 1.7% of NCAA senior football players; Baseball holds the best odds, where 8.9% of NCAA baseball players will get drafted by a Major League Baseball club — but that includes minor league farm teams.

There’s a handy chart at the bottom of the post which summarizes the statistics. Now, what does it take to become an all-star trader?

(3) “After 8 Decades, Tiny Toad Resurfaces in Asia” [New York Times] – very cool discovery of the Borneo rainbow toad (click through to see the picture):

The Borneo rainbow toad, with its long spindly legs, looks a bit like an Abstract Expressionist canvas splattered in bright green, purple and red. But when this amphibian was last seen, in 1924, the painter Jackson Pollock was just 12, and the only image of the mysterious creature was a black-and-white sketch.

(4) “First Evidence that Birds Tweet Using Grammar” [New Scientist] – fascinating evidence suggests that birds tweet using proper grammar

First, they played finches unfamiliar songs repeatedly until the birds got used to them and stopped overreacting. Then they jumbled up syllables within each song and replayed these versions to the birds.

“What we found was unexpected…” The birds reacted to only one of the four jumbled versions, called SEQ2, as if they noticed it violated some rule of grammar, whereas the other three remixes didn’t. Almost 90 per cent of the birds tested responded in this way. “This indicates the existence of a specific rule in the sequential orderings of syllables in their songs, shared within the social community.”

(5) “The Strange Tale of Alleged Fraudster Pearlasia Gamboa” [San Francisco Weekly] – probably the most bizarre story I’ve read all week. It’s about the Dominion of Melchizedek, which, according to Wikipedia, is a micronation known for facilitating large scale banking fraud in many parts of the world. The SF Weekly story profiles its president, Pearlasia Gamboa, and her confessions.

The Dominion [of Melchizedek] eventually expanded beyond its underwater seat of government to claim more land: three more tiny Pacific islands and portions of Antarctica. After annexing its polar territory, the Dominion began listing among its senior officials a figure with the surname “Penguini,” a touch that a veteran California fraud investigator describes as “cute.”

What was the point of such a lovingly detailed fiction? The Dominion of Melchizedek, according to government authorities, was intended to act as a sort of mothership for con artists worldwide, issuing fake banking licenses, passports, and other documents to lend a veneer of official authenticity to fraud schemes. “Everything about it is phony,” says John Shockey, former head of the fraud unit for the U.S. Comptroller of the Currency.

A fascinating read.

Readings: U.S. Default, Transocean, Tiny Camera, Light Bulb, Monkey Copyright

Five great things I’ve read today:

(1) “Will the United States Default?” [New York Times] – implications of the United States going into default. If we don’t pay our debt, what’s the worst case scenario?

Three views emerge on whether the United States will default on its government debts, as I talk to people on and close to Capitol Hill. The first is, hopefully yes, and this August offers a good opportunity. The second is, possibly yes, but this would be bad, so we need some form of fiscal austerity. The third is, under no circumstances, and any talk of a need for austerity is a hoax.

The first view is mistaken. The second view hides a dangerous contradiction. And the third view borders on complacency.

(2) “Transocean: No Apologies over Gulf Oil Spill” [Business Week] – fourteen months after the Deepwater Horizon disaster in the Gulf of Mexico, why doesn’t Transocean take any responsibility/blame in the accident?

Why is Transocean fighting so hard to avoid even a sliver of blame for the disaster? Here’s one theory: The company’s survival is at stake. “Transocean is playing a high-stakes game of chicken because the company can’t afford to admit even a portion of liability,” says Gordon. “The total liability could ultimately be $50 billion. BP wants Transocean to chip in a big percentage, but Transocean is a much smaller company than BP and doesn’t have that kind of cash flow or insurance. … So Transocean’s strategy is to offer zero, nothing—how about zip?—and hope that works in court. … I don’t think they care whether it works in the court of public opinion.”

(3) “Researchers Develop Lens-Free, Pinhead-Size Camera” [Cornell Chronicle] – amazing new invention at Cornell:

The new camera is just a flat piece of doped silicon, which looks something like a tiny CD, with no parts that require off-chip manufacturing. As a result, it costs just a few cents to make and is incredibly small and light, as opposed to conventional small cameras on chips that cost a dollar or more and require bulky focusing optics.

When will it come to market?

(4) “The World’s Greatest Light Bulb” [Slate] – very interesting read on a new LED light bulb developed at Switch Lighting:

Turned off, a Switch bulb looks like an incandescent from the future. It’s got the same pear shape as a standard bulb, but it’s divided into two sections. The bottom half is composed of a wavy metallic structure that looks like the wings of a badminton birdie. Above that is a thick glass orb filled with a cooling agent and a bank of LEDs, which are semiconductors that produce light. 

The current vs. long-term costs are debatable.

(5) “Can a Monkey License Its Copyrights to a News Agency?” [Techdirt] – if a monkey takes a photo in the forest, does the shutter make a sound? More important question: if it manages to take said photo, who does the copyright belong to? Short answer: animals can’t hold rights to copyright, even if they are of high intelligence. If, however, you pass your camera on the street to a stranger and he/she takes a photo, the copyright to that photo belongs to the one who clicked the shutter button.