Saturday, December 12, 2009

Business | Cost Cutting Innovation | WSJ

You gotta find this guy interesting. Loves recessions. Talks pay toilets and standing-room-only slots on his planes. The transition of airlines from luxury service to transportation commodity is now becoming complete.

Friday, December 11, 2009

Math | Simpson's Paradox | WSJ

Is unemployment now higher or lower than in the early recession of the 1980's. Yes! No! Both! Check this article for the implications of data aggregation in statistical analysis. So, if you're looking for a clever way to dispute a statistical analysis you dislike, you can declare "Simpson's Paradox" and walk away! Or just follow the path of the screaming talk show hosts ... if the facts get in the way of your beliefs, change the facts!