Am interesting interview over at Forbes.
Category Archives: Business
Failing Well
…is the American way. Michael Barone reviews Megan McArdle’s new book
[Update a couple minutes later]
This bit is interesting:
Her advice is to avoid enterprises that are in long-term decline, such as General Motors starting in the 1970s. In business and public policy, try to learn from well-conducted experiments — but recognize that successful trials can’t always be replicated on a large scale.
I think that also applies to NASA human spaceflight as practiced for the past fifty years.
The Space Transportation Conference
Marcia Smith has a good description of the highlights, including the discussion on space safety on Tuesday afternoon, at which I felt like the elephant in the room that no one talked about. It was an excellent conference.
Grounding Private Space
Three ways it could happen through red tape.
Congress Versus Commercial Space
Bob Zimmerman says that the former “hovers over [the latter] like a vulture.”
While there are no doubt many in Congress with that attitude, I was actually encouraged by Chairman Palazzo’s remarks this morning at the Space Transportation Conference, in which he expressed support for an extension of the “moratorium” because it will “stifle innovation” to overregulate at this point. (Note: At the hearing yesterday, he used the phrase “learning period,” as industry does. It’s possible he used the “m” word because he was reading from notes put together by staffer that hadn’t gotten the memo.)
Off To Mordor On The Potomac
On a plane heading to Reagan Airport, and the Space Transportation Conference. I’ll check in later.
[Afternoon update]
Arrived at my hotel on upper Connecticut Avenue.
Another Book Review
From John Walker.
He found a misspelling that I’ve been missing. Guess it will have to remain for the next revision (the first one will be available this week).
Obama Has A Point
Mark the day that Glenn Reynolds agrees with the president. I don’t think he goes far enough here, though:
Right now, too many people go to college by default, even if they don’t usually major in art history. College is a status symbol that many regard as essential to membership in the middle class, but now it’s a status symbol that requires a six-figure investment, often supported by student loans.
There’s nothing wrong with going to college, and there’s nothing wrong with liberal-arts majors, so long as they’re rigorous: The world does not enjoy a surplus of people who can think critically and write clearly, and America is certainly not overloaded with experts in foreign languages. The real problem is with non-rigorous majors, which are common. Those cost just as much, but leave their graduates no better off than when they entered, and often in debt to boot.
If they were only no better off, it wouldn’t be as bad, but many of them come out of the experience notably less educated and malinformed, in the sense that they have been indoctrinated into the nonsense that the faculty provides.
Green On Green
California environmentalists may not be very happy with Jerry Brown and his high-speed train to nowhere.
Virgin Galactic’s Engine Issues
George Whitesides responds to Tom Bower’s accusations (sort of), and Doug Messier analyzes.
I’ll simply repeat my long-standing belief that hybrids have been dramatically overhyped. If VG is smart, they’ll be trying to migrate away from them as quickly as possible.