Seeing Things with Your Own Eyes: Steven Cheung’s Example for Economists

2016 ◽  
Vol 3 (1) ◽  
Author(s):  
Alexandra Benham ◽  
Lee Benham

AbstractWe are delighted to be present today to share in the celebration of Steven Cheung’s 80th birthday. We bring best wishes from several others who could not be here – Yoram Barzel, Chris Hall, and Douglass North. Congratulations to Steve and thanks to Linda for this special occasion. Steve, congratulations on your keen observation, your broad experience, and the impact of your ideas. Our subject today is Steven Cheung’s advice to economists: that personal observation and real-world business experience can lead economists to greater insights and fewer errors. In his own words: “The world is my laboratory and I want to see things with my own eyes.” We certainly could use better economics. Is Steve right? And if he is right, how to implement his advice?

2017 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Dr. Vikas Jaolkar

  Rohinton Mistry was born and brought up in Mumbai in the mid fifty’s, migrated to Canada at the age of 23. Mistry belongs to that class of the Indian authors who shifted their base from India to somewhere else but throughout their lives continue missing their mother land. We can easily recall a beautiful song of the movie “Namste London” which says “Main Jahan rahoon main kahin bhi rahoon Teri yaad saath he” means “where ever I am but your memories are always there with me.” The acute pain and feeling of not being with the people who are like you, who speaks your language can be better , felt and expressed by exiled or immigrant writers . Such people might be physically away from their own motherland but deep in their hearts always keep on missing their motherland. According to Hudson “A nation’s life has its moods of exultation and depression, its epochs a strong faith and strenuous idealism now of doubt struggle and disillusion, now of unbelief and flippant disregard for the sanctities of existence and while the manner of expression will vary greatly with the individuality of each writer the dominant spirit of the hour whatever they may be will directly or indirectly reveal itself in his work”. (1) According to Goethe’s statement “Everyman is the citizen of his age as well as of his country.”(2) The impact and influence of the age, psyche, cultural heritage and political up down on the Author’s mind is due to the fact that later is constantly influenced by the spirit of all above fastness and reacts to it vividly and vigorously. Although he left India in 1975 and does not often go back, Mistry told a British Magazine that he feels no hindrance in writing about this home country “So far I have had no difficulty writing about it, even though I have been away for so long”, he said “All fiction relies on the real world in the sense that we all face in the world through our five senses and we accumulate details, consciously or subconsciously. This accumulation of debt can be drawn on when you write fiction. (3) The beauty and delicacy with which Mistry has portrayed the experience of immigration, the immense pain of not being with your own people, no author has done it so far.


Author(s):  
N. Leigh Boyd

Thanks to the polarized nature of politics in the world today, students need to learn how to think critically about social issues. Argumentation can be both a type of critical thinking and a tool with which to teach students to think critically about social issues. This chapter lays out a framework for teaching students how to develop critical thinking about real world issues through the use of dialogic argumentation. The impact of dialogic argumentative activities in the classroom are discussed, particularly as they relate to the development of metacognition and theory of mind, as well as how they help students develop an “inner-locutor” that allows them to evaluate both their position and opposing positions. Finally, a model for how these elements contribute to students' value-loaded critical thinking about social issues is outlined.


2015 ◽  
Vol 26 (09) ◽  
pp. 777-783 ◽  
Author(s):  
Peter G. Jacobs ◽  
Jeffrey A. Kaye

Background: Hearing impairment and hearing rehabilitation strategies have historically been studied within the confines of a sound booth under controlled experimental conditions. The real world is quite different from the clinical setting and it is important to study how a person with hearing impairment interacts with the world both with and without a hearing assist intervention. A person’s ability to hear enables them to communicate and to effectively interact with the world. If a person suffers from hearing impairment, we might anticipate that they could become more disengaged from the world, more socially isolated, potentially depressed, and have additional comorbidities such as cognitive and physical impairment. Indeed, prior research has shown that hearing impairment is associated with social isolation, decreased functional ability and mobility, fall risk, diabetes, and cognitive impairment. However, nearly all of the work that has been done in this area of assessing the impact of hearing impairment on a person’s social, cognitive, and physical health has been done through clinical tests or self-report studies using questionnaires and surveys that attempt to objectively quantify various aspects of health. Unfortunately, clinical tests, questionnaires, and surveys oftentimes inaccurately assess a person’s true social, cognitive, and physical health. Only when a person is observed in their natural living environment can a more accurate assessment of health be obtained. The ability to assess hearing health, social engagement, cognitive, and physical health in natural living environments is becoming possible with the advent of ubiquitous sensing capabilities. Purpose: Here we discuss some of the work that has been done by our group and others that may be of use to the field of audiology e-health. The purpose of this article is not to present new experimental data, but rather to describe a new method of using advanced in-home sensing techniques to better understand how hearing diagnostics, interventions, and rehabilitation influence the lives and behaviors of patients.


2021 ◽  
Author(s):  
Ariana Colleen Colleen Schrader-Rank

I propose that non fungible tokens (NFTs) will affect the greater public, and specifically the art market, at an exponential rate due to three factors. The first, scarcity mindset, drives the human sense of urgency for a particular commodity (Garvey, 2021). The next factor is the potential use of NFTs in real world applications or throughout the economy. The attraction of NFTs is that they are indiscriminate and allow anyone from various socioeconomic backgrounds to buy in. As scarcity seemingly increases, NFTs appear to be a good investment; but are there real world applications or do they merely exist within the virtual realm? The last determinant I would like to explore is the environmental impact of NFTs on the physical world. When comparing virtual ‘tokens’ used to fund digital art to paper money exchanged for a piece of physical artwork in concrete space, theoretically the former is much less detrimental to society. However, through practice-led research, I have conducted a six month investigation from May 2021 through October 2021 to uncover the true ramifications NFTs have on the world.


2008 ◽  
Vol 13 (7) ◽  
pp. 423-431
Author(s):  
Margaret L. Niess ◽  
Pejmon Sadri ◽  
Kwangho Lee

Spreadsheet software is generally available in schools and is in wide-spread use in business. The use of spreadsheets can help students make mathematical connections with problems in the world around them. Many real-life quantitative problems require algebra for decision making. Examples include the impact of rising gas prices on family budgets; the amount of gasoline left in the tank of a car and the distance to the nearest gas station; and the level of monthly income versus money needed to pay for food, rent, utilities, and clothing. Although these issues do not require complex mathematics, they do require knowledge of basic algebra involving variables and equations.


1979 ◽  
Vol 32 (1) ◽  
pp. 90-110 ◽  
Author(s):  
Stanley Sienkiewicz

The effects of uncertainty in strategic analysis are generally not well understood, but are increasingly important in relating the strategic calculations by means of which we evaluate the adequacy of our strategic forces to the deterrence of attack in the world of real political leaders, in real crises. Assumptions must be made about many unknowns and uncertainties—ranging from the behavior of national leaders to the technical characteristics of weapons systems—in order to make the problem calculable. The assumptions we make for purposes of analysis, however, are not necessarily the same as those that political leaders can make in considering the actual use of nuclear forces. This distinction is at the root of the relationship between strategic analysis and real-world deterrence. Systematic examination of the uncertainties in strategic analysis, therefore, can help us to better understand the difference between our analytical model and the real world, and hence to put our strategic problems in better perspective.


Author(s):  
N. Leigh Boyd

Thanks to the polarized nature of politics in the world today, students need to learn how to think critically about social issues. Argumentation can be both a type of critical thinking and a tool with which to teach students to think critically about social issues. This chapter lays out a framework for teaching students how to develop critical thinking about real world issues through the use of dialogic argumentation. The impact of dialogic argumentative activities in the classroom are discussed, particularly as they relate to the development of metacognition and theory of mind, as well as how they help students develop an “inner-locutor” that allows them to evaluate both their position and opposing positions. Finally, a model for how these elements contribute to students' value-loaded critical thinking about social issues is outlined.


2013 ◽  
Vol 41 (1) ◽  
pp. 2-20 ◽  
Author(s):  
Calvin R. Bradley ◽  
Arnaud Delaval

ABSTRACT: Tire rolling resistance is one of the primary forces opposing motion on passenger vehicles. New regulations appearing around the world will provide information on tire rolling resistance to consumers. The linear relationship between fuel savings and rolling resistance has been previously demonstrated. Extensive testing in real-world driving conditions has validated previous models. The result is a measured sensitivity coefficient for North American usage, which relates the changes in vehicle fuel consumption of E10 gasoline to changes in rolling resistance. This sensitivity coefficient is shown to not be significantly different between a compact car, a medium-sized sedan, and a full-sized pickup truck. Results provide a simple and robust way for end consumers to predict the impact of tire choice on their fuel consumption and CO2 emissions using tire label information.


Author(s):  
Anders Koed Madsen

<p>Google is a powerful player in deciding how the world is represented to information-seeking citizens in a digitized knowledge-society. Eli Pariser has been influential in arguing that the company’s algorithm leave its users trapped in a biased ‘filter bubble’ where information about the world is tailored to their preferences by algorithms. This paper proposes a move away from the metaphor of the ‘bubble’ when trying to understand how ‘real world representations’ are shaped by dynamics of online visibility. Instead of a mono-causal focus on the algorithm, it suggests focusing on the distributed set of selection mechanisms that enable web-users to navigate a world of ‘big data’. The paper suggests a conceptual move from ‘bubbles’ to ‘visions’ when understanding online visibility. It motivates this suggestion through three empirical analyses of the selection mechanisms involved in making the issue of synthetic biology visible to British Google’s users from February 2011 – February 2012. The paper uses the findings of these analyses as a basis from which to suggest theoretical, empirical and practical implications for future studies on the impact of the digital on ‘real world representation’. <strong></strong></p>


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