Thinking about economics: science or ideology?

Barbara Kiviat discusses whether economics is a science or an ideology. Part of her conclusion:

And when you think about it, it is a little odd that we think economics would be able to do these things. After all, the economy is as much a product of sociology and policy as it is pure-form economics. Yet we’d not expect a sociologist or a political scientist to be able to write a computer model to accurately capture system-wide decision-making. The conclusion I’ve come to: while economists may have an important perspective on whether it’s time for stimulus or austerity, maybe we should stop looking to them as if they are people who are in the ultimate position to know.

Sociologists have been arguing for some time now that sociology has a lot to say about economics, including about how cultural values and ideology guide economic decision-making and actions.

Bill Gates suggests a change is coming in higher education

Bill Gates made a prediction about the future of higher education at a conference last Friday. The Chronicle of Higher Education reports on Gates’ comments:

“Five years from now on the Web for free you’ll be able to find the best lectures in the world. It will be better than any single university,” he argued at the Techonomy conference in Lake Tahoe, Calif. “College, except for the parties, needs to be less place-based.”

Gates went on to argue for a need to lower higher education costs and make such education more widely available. Also at the conference, Nicholas Negroponte claimed e-books will replace printed books  in five years.

There are clearly benefits to having class in-person but the rising cost of higher education will put pressure on schools to offer more Internet based classes.

The rise of “smart growth”

Reuters reports on “smart growth” initiatives across the United States with Rockville, Maryland as a prime example. With a weakened economy, more buyers seem to prefer locations closer to downtowns where they can walk, more easily access amenities, and avoid some of the pitfalls of suburban sprawl.

From the article:

Rockville’s renaissance over the past four years shows how the shift toward urban-style living has reached the suburbs. And urban planners insist the trend has legs.

Dubbed “smart growth,” the movement favors the development of a mix of housing and businesses in and near existing cities. At the same time, it discourages the Topsy-like growth of peripheral suburbs, known disparagingly as “sprawl.”

“Sprawl” is a term commonly used to describe the suburbs. It implies automobile dependence, spread out houses, strip malls, big box stores, and a lack of open space. In contrast, “smart growth” offers something different: more dense development, mixed-use development, more thought-through development principles, and a lessened reliance on automobiles.

More suburban communities seem to desire “smart growth,” particularly to help revive their downtowns. This translates into certain development goals: building around existing transportation facilities (like railroads), constructing condos and more dense residential units, and seeking to attract dining, retail, and entertainment uses that can expand a downtown from just a place to errands in during the day.

h/t The Infrastructurist

Walking the entire Amazon

A British man recently completed an impressive walk: the entire length of the Amazon. The journey took two and a half years and he is supposedly the first human to make the entire hike.

I am slightly amazed that there are still feats like this left to accomplish. Even as we often think of ourselves as very modern people, there are parts of the Earth that we still know little about or few people have ever seen.  The journey drew the attention of another famous explorer:

His feat earned the praise of no less an adventurer than Sir Ranulph Fiennes, a fellow Briton whom the Guinness Book of World Records describes as the “world’s greatest living explorer.”

“To do all this in more than 800 continuous days with just a backpack puts Stafford’s endeavor in the top league of expeditions past and present,” Fiennes wrote on Stafford’s website.

Remarkable – and it sounds like he had many interesting experiences along the way.

Summer heat and society

The heat of the summer is often equated with positive things: sun, outdoor activities, the beach, and driving with the windows open or convertible top down.

But the heat can also cause and expose issues in a society. In Russia, there has been record heat and a staggering number of deaths:

On Monday, Moscow health authorities announced that the number of deaths each day in the capital had nearly doubled to 700 as most of central Russia entered the seventh week of a heat wave. The high temperatures, hovering around 100 degrees, have destroyed 30% of the nation’s grain crops and triggered massive peat bog and forest fires that alone have killed more than 50 people and devastated dozens of villages.

Andrei Seltsovsky, chief of Moscow’s health department, said the city’s morgues were filled almost to capacity, with 1,300 of the 1,500 slots taken. He suggested that residents, instead of following Russian Orthodox tradition of holding burials on the third day after death, bury loved ones sooner.

This sort of event is not isolated to Moscow. Something similar happened in Chicago in 1995. Sociologist Eric Klinenberg wrote about the summer in the book Heat Wave: Social Autopsy of a Disaster in Chicago. In an interview, Klinenberg discussed the book. There were some controversy over the “official death count.” Cook County’s chief medical examiner reported 465 deaths related to the heat for the hottest week but the numbers were disputed by Mayor Daley.

Additionally, the death rates differed by race:

The actual death tolls for African Americans and whites were almost identical, but those numbers are misleading. There are far more elderly whites than elderly African Americans in Chicago, and when the Chicago Public Health Department considered the age differences, they found that the black/white mortality ratio was 1.5 to 1. Another surprising fact that emerged is that Latinos, who represent about 25 percent of the city population and are disproportionately poor and sick, accounted for only 2 percent of the heat-related deaths.

So heat can help expose the disadvantaged in society, those who have no or little access to air conditioning, are often alone, and have no one to check in on them. Since that summer in Chicago, the city has opened “cooling centers” (which are available now all over the state of Illinois) to provide a place for those who don’t have other options. Measures like these have cut down on heat-related deaths in Chicago – it remains to be seen what Moscow will do to help with this current and future heat waves.

The links between money and happiness

There is a lot of research exploring the links between income/having money and happiness. The New York Times discusses some of this research and how the recession might be pushing people to find satisfaction in things other than money.

With those who have cut back in spending or are legitimately downsizing (moving into a smaller home or giving up a car vs. giving up cable for a while), it remains to be seen whether such behavior will continue when economic times are better.

Trackers looking to trip up politicians

Hand-held cameras are cheap and plentiful today and they have become an important weapon in political campaigns.

A question: does using these cameras really enhance political campaigns or help voters end up with better politicians in office? There is little doubt they are effective but at what cost? Politicians are human – they are going to make mistakes on the campaign trail. Indeed, a politician who never makes a mistake in public is not being real in public. There are legitimate pieces of information that can emerge from such videos but at the same time, they often simply reveal unguarded moments that we all would have if we were constantly in the public eye.

Perhaps we have lost the capacity to show grace in the realm of politics. Some would argue this disappeared a long time ago.

Age drops for master of divinity degree recipients

USA Today reports that the median age for those obtaining a master of divinity degree has dropped in the last decade:

For the past 10 years, the estimated median age of candidates for master of divinity degrees has fallen steadily, from 34.14 in 1999 to 32.19 in 2009, according to an analysis by the Center for the Study of Theological Education (CSTE) at Auburn Seminary. That marks a reversal: From 1989 to 1999, the estimated median age had climbed steadily from 31.4 to 34.14.

Perhaps this is part of a larger trend of a younger generation seeking more meaning in their career.

I would be curious to know whether those entering the ministry today do so for similar reasons as those who entered the ministry 50 or 100 years ago.

The early formation of personality

A new study argues that a good amount of our adult personality is set by 1st grade. Here is some of the methodology of the study:

Using data from a 1960s study of approximately 2,400 ethnically diverse schoolchildren (grades 1 – 6) in Hawaii, researchers compared teacher personality ratings of the students with videotaped interviews of 144 of those individuals 40 years later.

They examined four personality attributes – talkativeness (called verbal fluency), adaptability (cope well with new situations), impulsiveness and self-minimizing behavior (essentially being humble to the point of minimizing one’s importance).

As the authors suggest, it would be interesting to see more research that explores how and when personalities might change.

Baseball training now including cultural assimilation

White Sox manager Ozzie Guillen recently made comments suggesting Latin American baseball players are not treated as well as Asian players. While reading an article about this on ESPN.com, I was interested to find that major league teams have stepped up efforts to help players assimilate to American culture:

[M]any teams are doing what Guillen has suggested. Although they aren’t hiring specific interpreters, many organizations have intensified their English and cultural assimilation classes at the minor league level. This is a recent development, which is why Guillen hasn’t seen its impact at the major league level.

Teams recognize that a player’s path to success depends on how quickly he can assimilate into the American culture. It’s not nearly enough to be able to throw 95 mph or to hit a ball 450 feet. Pity the teams that lag behind in realizing this. It’s to a team’s benefit to have its players focused on baseball and not on whether they can order dinner, pay their rent or call for a taxi. Teams should do this not for altruistic reasons but for simple economic reasons. It’s a sound fiscal decision to put your employees in the best position to succeed.

Take the case of star Cleveland Indians rookie catcher Carlos Santana. Although he had been bashing Triple-A pitching for most of this year, one of the reasons Cleveland waited until the middle of the season to call him up to the majors was because the team wanted him to focus on language training.

The writer portrays this as a sound business decision but surely there are more dimensions to the story than this. What is the responsibility of a sports team (or any business) to its employees? Helping players adjust to a new culture or helping players complete an education (an issue in baseball, football, and basketball) or navigate a new world of fame and money is an important consideration. Not only might it be a sound economic decision and boost on-field performance but it also suggests teams might also be interested in the human potential (and not just athletic potential) of their players.