

Comments, observations and thoughts from two bloggers on applied statistics, higher education and epidemiology. Joseph is an associate professor. Mark is a professional statistician and former math teacher.
The illusion, titled "Silencing awareness of change by background motion," won top honors May 9 at the 2011 Best Illusion of the Year contest in Naples, Fla. The event, which is in its seventh year, is an offshoot of the annual Vision Sciences Society meeting, also in Naples. Jordan Suchow, a Harvard University graduate student, and George Alvarez, an assistant professor in Harvard's psychology department, created the winning entry.
The contest draws all manner of illusory entries. The 2011 first and second runners-up were also animations, one an illusion of contrast and one an illusion of visual aftereffects induced by motion, respectively. (See all 10 finalists here.) Last year's winner, on the other hand, was a video of an actual physical object that seemed to defy gravity—balls rolled right up inclined ramps as if pulled by magnets.
For a more in-depth take on the science behind this year's winning illusion, check out a study (pdf) Suchow and Alvarez wrote in the January 25 issue of Current Biology.
A lot of people have signed up for Wikinvest and handed over access to their brokerage accounts. I spoke briefly to SigFig founder Parker Conrad, who explained that it’s incredibly easy to flick through those accounts and come up with examples like the one he pulled up, of a man with $2.3 million in his Merrill Lynch account.
This guy probably knows that he’s paying his Merrill broker an annual management fee of 1.75%, which alone is more than $40,000 a year. But he doesn’t know that other Merrill clients in his position are paying far less — that Merrill brokers basically charge as much as they can, and the average Merrill client on Wikinvest pays less than half that, just 85 basis points.
And there are other things this guy doesn’t know, as well, because they’re buried in his statements — things like the fact that Merrill charged him $5,763 to make 24 trades last year, over and above that $40,000 management fee. That’s about $240 per trade.
Other fees are even higher. The Merrill broker bought something called the Fidelity Advisor International Capital Appreciation Fund, which charges 1.45% per year on top of a 5.75% fee payable when you buy the thing in the first place. The fund is substantially identical to the Fidelity International Capital Appreciation Fund, which has a 1% management fee and no front-loading at all. Why would any advisor with his client’s best interests at heart put that client into FCPAX rather than FIVFX? He wouldn’t — FCPAX is simply a vehicle invented by Fidelity for advisors which allows them to skim off hefty commissions.
After a recapitulation of some basic facts, the editorial arrives at the only other portion that can be called an actual argument:
Health and Human Services Secretary Kathleen Sebelius told a House panel that seniors would “die sooner.” The Democratic National Committee proclaimed in an ad: “Their leaders have called for cutting Medicare, and now for killing it.”This is false, inflammatory and, as we said, useful — for winning elections, that is. When it comes to solving the government’s most pressing problem, it threatens to set things back.Are these claims false? No, they aren't. Let's take the democratic claims in reverse order. The current Medicare system is a commitment to cover health acre expenses for the elderly. The Republican plan would end that commitment and replace it with a limited and rapidly shrinking subsidy toward that end. It's somewhat tantamount to replacing public education with a system of limited vouchers for well below the average cost of public school tuition. Would you describe that as "killing" public education? I would -- the design of the program would be so altered as to no longer constitute the same thing.
It is true that both sides of the debates have accused the other of attacking Medicare, but only on one side were those accusations accurate.
Yeah, 'egregious' is what I'd go for (from the St. Petersburg Times via Chait):
A foundation bankrolled by Libertarian businessman Charles G. Koch has pledged $1.5 million for positions in Florida State University's economics department. In return, his representatives get to screen and sign off on any hires for a new program promoting "political economy and free enterprise."
Traditionally, university donors have little official input into choosing the person who fills a chair they've funded. The power of university faculty and officials to choose professors without outside interference is considered a hallmark of academic freedom.
Under the agreement with the Charles G. Koch Charitable Foundation, however, faculty only retain the illusion of control. The contract specifies that an advisory committee appointed by Koch decides which candidates should be considered. The foundation can also withdraw its funding if it's not happy with the faculty's choice or if the hires don't meet "objectives" set by Koch during annual evaluations.
David W. Rasmussen, dean of the College of Social Sciences, defended the deal, initiated by an FSU graduate working for Koch. During the first round of hiring in 2009, Koch rejected nearly 60 percent of the faculty's suggestions but ultimately agreed on two candidates. Although the deal was signed in 2008 with little public controversy, the issue revived last week when two FSU professors — one retired, one active — criticized the contract in the Tallahassee Democrat as an affront to academic freedom.
Rasmussen said hiring the two new assistant professors allows him to offer eight additional courses a year. "I'm sure some faculty will say this is not exactly consistent with their view of academic freedom,'' he said. "But it seems to me it would have been irresponsible not to do it."
The Koch foundation, based in Arlington, Va., did not return a call seeking comment.
Most universities, including the University of Florida, have policies that strictly limit donors' influence over the use of their gifts. Yale University once returned $20 million when the donor demanded veto power over appointments, saying such control was "unheard of."
Jennifer Washburn, who has reviewed dozens of contracts between universities and donors, called the Koch agreement with FSU "truly shocking."
Said Washburn, author of University Inc., a book on industry's ties to academia: "This is an egregious example of a public university being willing to sell itself for next to nothing."
Over the past few years we have seen the undermining (often deliberate) of the independence and credibility of a number of important institutions -- universities, research labs, government agencies, think tanks. It has been done through funding with increasingly less subtle strings attached, through attacks on academic freedom and independence (anyone for tenure reform?), and through a full court press on a media that has been all too willing to play the toady and the fool.
It's easy to see the short-term benefits of this erosion for people who, say, are trying to ignore evidence of climate change or the relationship between tax rates and budgets over the past twenty years, but in the long-term, when we lose our sources for reliable information and analysis, there are no winners.
p.s. I'm opening the floor for nominations. Can anyone suggest a more weaselly phrase than "I'm sure some faculty will say this is not exactly consistent with their view of academic freedom''?
The Library of Congress is one of the most splendid resources in the country--which is terrific, if you're in DC. For those who aren't (and even who are!), the Library's putting a massive audio archive online, for free.In terms of popular art, the first quarter of the Twentieth Century may be the most important and creative twenty-five years... period. New genres. New media. Gershwin. Keaton. McCay. Wodehouse. To study this period is to realize just how much of what we still read, watch and listen to is built on a framework that's almost a century old.
The "National Jukebox," available on a streaming-only basis, unfortunately, is a massive trove of audio recordings. Music, speeches, humor readings--spanning decades of American history. The original words of Teddy Roosevelt. "Rhapsody in Blue" with George Gershwin on piano. Serious national gems. And, due to some cuddling with Sony, the label's entire pre-1925 catalog will be accessible, encompassing a significant (and widely forgotten) musical past.
Andrew Zolli: Someone famously said of Coca-Cola that if you burnt down every one of their factories, they'd be back in business in a quarter. If you knocked everybody on earth over the head and gave them amnesia, they'd be out of business in a quarter. And the reason for that is that their brand really exists in all of our minds.p.s. While you're there, check out this account of how certain Silicon Valley companies help repressive regimes keep tabs on their citizens.
Because it is, you know, a plan to dismantle Medicare. When you transform a program that pays seniors’ medical bills into a program that gives them a voucher that almost certainly isn’t enough to buy adequate insurance, you can call the new scheme Medicare, but it isn’t the same program.