45490447
submission
quarterbuck writes:
Many politicians, especially in Europe, have used the idea that economic growth is impeded by debt levels above 90% of GDP to justify austerity measures. The academic justification came from a paper and a book by Kenneth Rogoff and Carmen Reinhart. Now researchers at U Mass at Amherst have refuted the study — they find that not only was the data tainted by bad statistics, it also had an Excel error . Apparently when averaging a few GDP numbers in an excel sheet, they did not drag down the cell ranges down properly, excluding Belgium.
The supporting website for the book "This time it is different" has lots of financial information if a reader might want to replicate some of the results.
23286818
submission
quarterbuck writes:
Bloomberg has a story on Google's acquisition of Motorola and quotes IP lawyers who claim that 18 patents dating to 1994 are probably what Google is after. These patents cover technology essential to the mobile-device industry, including location services, antenna designs, e-mail transmission, touch- screen motions, software-application management and third- generation wireless.
23125864
submission
quarterbuck writes:
When copyright law was revised in the mid-1970s, musicians, like creators of other works of art, were granted “termination rights,” which allow them to regain control of their work after 35 years, so long as they apply at least two years in advance. Recordings from 1978 are the first to fall under the purview of the law, but in a matter of months, hits from 1979, like “The Long Run” by the Eagles and “Bad Girls” by Donna Summer, will be in the same situation
23044140
submission
quarterbuck writes:
Journal has a review of the Telikin, an all-in-one desktop, with a touch screen, that starts at $699 and comes from a small Philadelphia-area start-up called Venture 3 Systems.
It is much simplified (no powerpoint editing for eg.) and the hardware is thought through (two microphones), but the review is claiming that the software is still buggy.