Category Archives: Business

The Civil War

of the elitists:

The upper tier is still doing pretty well. But the lower tier of the New Class — the machine by which universities trained young people to become minor regulators and then delivered them into white collar positions on the basis of credentials in history, political science, literature, ethnic and women’s studies — with or without the benefit of law school — has broken down. The supply is uninterrupted, but the demand has dried up. The agony of the students getting dumped at the far end of the supply chain is in large part the OWS. As Above the Law points out, here is “John,” who got out of undergrad, spent a year unemployed and living at home, and is now apparently at University of Vermont law school, with its top ranked environmental law program — John wants to work at a “nonprofit.”

This isn’t going to end well.

More Tax Money Down The Toilet

…but at least it will be an eco-friendly toilet. It’s really infuriating that the administration continues to bail out the foolish and irresponsible with the money of the productive.

[Update a couple minutes later]

More brilliant government “investment” decisions. As he notes, these clueless idiots think that any dollar spent by the government is an “investment.”

Wine Tasting

Why we can’t tell good wine from bad:

In 2001, Frederic Brochet conducted two experiments at the University of Bordeaux.

In one experiment, he got 54 oenology (the study of wine tasting and wine making) undergraduates together and had them taste one glass of red wine and one glass of white wine. He had them describe each wine in as much detail as their expertise would allow. What he didn’t tell them was both were the same wine. He just dyed the white one red. In the other experiment, he asked the experts to rate two different bottles of red wine. One was very expensive, the other was cheap. Again, he tricked them. This time he had put the cheap wine in both bottles. So what were the results?

The tasters in the first experiment, the one with the dyed wine, described the sorts of berries and grapes and tannins they could detect in the red wine just as if it really was red. Every single one, all 54, could not tell it was white. In the second experiment, the one with the switched labels, the subjects went on and on about the cheap wine in the expensive bottle. They called it complex and rounded. They called the same wine in the cheap bottle weak and flat.

I’ve always suspected this. And it reminds me of this post from a couple years ago.

PDR or CDR?

I’m glad that NASA has approved SpaceX’s Preliminary Design Review for the launch abort system, but this doesn’t seem right:

NASA has approved the preliminary design review of SpaceX’s launch abort system, which will help crews aboard the Dragon capsule get out of harm’s way should any problems crop up during liftoff, company officials announced last week. With this hurdle cleared, SpaceX can now start building hardware for the system.

Emphasis mine. That’s not my understanding of a PDR. I thought that PDR meant that you could start doing detailed design, advancing to a Critical Design Review. After passing CDR, you start bending metal. Is there not going to be a CDR?