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Comment Re:Economics (Score 1) 1142

Questions regarding poverty and recessions are better in the domain of political scientists and ethicists. I agree economics has failed to live up to its promises in these respects.

However, the discoveries of economics cannot be ignored. Can we ignore supply and demand? Can we ignore trade theory? Game theory has already been helpful to computer scientists and has allowed us to create auctions useful in distributing resources such as frequencies by the FCC.

Comment Re:Economics (Score 1) 1142

What you are referring to is the Tragedy of the Commons which is a well known scenario that is not so simple as you may think. For example, the Coase Theorem shows that under particularly strong assumptions "ownership" can lead to a good outcome as you described.

The problem arises when you relax the assumptions and then you can observe interesting results showing public ownership many be optimal. This is not "rose tinted glasses" but simply applied economics.

Comment Re:Economics (Score 2, Insightful) 1142

Economics is about understanding how people make decisions, then analyzing what situations bring about optimal results. But if you'd taken a class in Economics, you'd have known that. =)

Psychologists study how people make decisions and economists usually assume individuals make decisions "rationally" to the dismay of psychologists. Economics is about how people respond to incentives, but if you'd taken a class in Economics, etc.

Comment Re:Of course it's for money (Score 1) 923

This is just smart. Car companies do it too. They sell to people who want fuel economy. If a car company could make a powerful safe car that ran for 500 miles on 1 gallon of gas, they'd do it.

http://en.wikipedia.org/wiki/Who_Killed_the_Electr ic_Car%3F
Never underestimate the power of collusion in the marketplace. It kills competition.

As far as Wal-Mart goes, I am not convinced what they are doing is for profits. They certainly have been keeping their PR department working in response to public criticism and this may their work. Certainly power sipping bulbs are a greater risk for increasing sales/profits then say promoting easier sells like computers or other electronics.

Is String Theory Really a Scientific Theory? 397

vk38 writes, "The New Yorker is running a story on whether String Theory is really a scientific theory or just an abstract exercise in math designed to churn out papers and Ph.Ds for the established academics. The article reviews two current books, by Lee Smolin and Peter Woit, laying out the case against string theory." From the article: "Dozens of string-theory conferences have been held, hundreds of new Ph.D.s have been minted, and thousands of papers have been written. Yet... not a single new testable prediction has been made, not a single theoretical puzzle has been solved. In fact, there is no theory so far — just a set of hunches and calculations suggesting that a theory might exist. And, even if it does, this theory will come in such a bewildering number of versions that it will be of no practical use: a Theory of Nothing... String theory has always had a few vocal skeptics... Sheldon Glashow, who won a Nobel Prize for making one of the last great advances in physics before the beginning of the string-theory era, has likened string theory to a 'new version of medieval theology,' and campaigned to keep string theorists out of his own department at Harvard. (He failed.)"

Colbert New Comic-in-Chief 939

scottzak writes "Hail to the Chief! Stephen Colbert addressed the White House Correspondents Dinner Saturday (attended by the President, the elite of Washington politics, and the White House Press Corps) and told the truth. Jaws dropped. Eyes popped. The live audience gasped. Scalia laughed his ass off. You want to see a brilliant comic display some real courage? Look no further. Enjoy the reaction shots, and Colbert's audition for Press Secretary job." The BBC covers the act just prior to Mr. Colbert's, where the President and a look-alike took turns making fun of his speaking skills.

eBay Looking for Allies Against Google 216

Vitaly Friedman writes "A report in the Wall Street Journal today talks about how eBay is looking for partners to defend against the growing threat of Google. Specifically, Google Base and the payment system in the works in Mountain View are seen as possible dangers to eBay's auctions and PayPal payment operations, says the report. Google Talk just throws some salt in the wounds by looking for a toehold in Skype's turf."

New Blow for Microsoft in EU Row 341

twitter writes "The BBC is reporting on a stinging rebuke to Microsoft and their last defensive move in the EU anti-trust trials. Boston district court judge Mark Wolf accused Microsoft of trying to 'circumvent and undermine' European Law by requesting Novell documents. The story reminds us that last month, a federal judge in California denied subpoenas of Oracle and Sun for the same reasons, that a New York judge is currently considering a request against IBM and that Microsoft will be appealing their March 2004 conviction next week and may face millions of dollars of fines a day. New complaints were made just two months ago."

Blue Ring Around Uranus 269

ZedNaught writes "The BBC is reporting that 'astronomers have discovered that the planet Uranus has a blue ring - only the second found in the Solar System. Like the blue ring of Saturn, it probably owes its existence to an accompanying small moon.' According to the April issue of Science, the blue ring is one of two new outer rings recently discovered around Uranus using the infrared Keck adaptive optics system. The rings are blue and red like Saturn's E and G rings. The blue ring around Saturn hosts the moon Enceladus while the Uranus ring contains the moon Mab."

Anandtech Reviews Mushkin RAM 32

EisleyRocks writes "Trying to find the right RAM to satisfy your overclocking needs? Anandtech has reviewed the latest offering from Mushkin. From the article: 'For gamers who seek fast timings and high bandwidth at stock memory ratios, the Mushkin XP2-5300 is a very good choice. The same can be said for overclockers looking for the highest DDR2 clock speeds that they can find. There are a few memories that can go higher in speed than Mushkin DDR2, but there are very few current DDR2 modules that can do 3-3-3 timings to DDR2-700 and above, or DDR2 memories that can handle higher voltage as well as this Mushkin. For now, the Mushkin XP2-5300 is a good choice among DDR2 1GB modules in 2GB kits.'"

Theo de Raadt Discusses OpenBSD and Beyond 476

emil writes to tell us that NewsForge (Slashdot Sister Site) is running an interview with OpenBSD project leader Theo de Raadt. In the interview Theo explores the upcoming release of OpenBSD 3.9, continuing financial difficulties, and some of the tension between the OpenBSD team and other businesses that some feel are taking advantage of the free software without giving anything back. In related news the Jem Report has an interesting writeup that expounds on widespread difficulties that could be faced if the OpenBSD project continues its downward spiral because of their parallel development of OpenSSH.

Automating Future Aircraft Carriers 571

Roland Piquepaille writes "Britain and France will jointly build three new huge aircraft carriers which will be delivered between 2012 and 2014. With their 60,000 tonnes, these 275-meter-long carriers will be the largest warships outside of the U.S. Navy. They're going to cost about $4 billion each, but with their reduced crews due to automation, they'll save lots of money to taxpayers during their 50 years of use. StrategyPage tells us that these ships will need at most a crew of 800 sailors instead of 2,000 for ships of that size today. At a cost of $100K per sailor per year, this represents savings of more than $6 billion. Impressive -- if it works."

The .XXX Saga Continues in Wellington 302

netrover writes "CircleID is reporting on the latest developments on the .XXX top-level domain as the related ICANN meeting is currently underway in Welligton, New Zealand. From the article: 'The .XXX TLD was widely expected to receive its final approval at the ICANN's last meeting held in Vancouver about 4 months earlier but the discussion was unexpectedly delayed as the organization and governments requested more time to review the merits of setting up such a domain.' But as it has been reported, it appears the discussions at ICANN Wellington are in limbo once again."

Amanda 2.5 Released 155

Anonymous Coward writes to tell us that a new release of the popular open source backup tool Amanda is now available fixing many of the limitations of previous versions. From the release: "Overall the focus of the release is on security of the backup process & backed up data, scalability of the backup process and ease of installation & configuration of Amanda."

Evidence of the Missing Link Found? 571

HUADPE writes to tell us CNN is reporting that scientists in northeastern Ethiopia recently discovered a skull that they think may be evidence of the "missing link" between Homo erectus and modern man. From the article: "The hominid cranium -- found in two pieces and believed to be between 500,000 and 250,000 years old -- 'comes from a very significant period and is very close to the appearance of the anatomically modern human,' said Sileshi Semaw, director of the Gona Paleoanthropological Research Project in Ethiopia."

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