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In the Age of Big Data, Should We Live in Awe of Machines?

In 1949, The New York Times asked Norbert Wiener, author of Cybernetics, to write an essay for the paper that expressed his ideas in simple form. For editorial and other reasons, Wiener’s essay never appeared and was lost. Recently, a draft of the never-published essay was found in the MIT archives. Written now 64 years…Read more In the Age of Big Data, Should We Live in Awe of Machines? Posted on 7 June 2013 | 3:21 pm

The Dorm Wars

The Dorm Wars have not yet caused the numerous bankruptcies amongst minor and maybe even some more established colleges that seem inevitable. What they have done is change the nature of college education. Whether at Harvard or Ramapo, students want luxury dorms with private bathrooms and glitzy campus centers. And since students—fueled with cheap student…Read more The Dorm Wars Posted on 14 December 2012 | 10:59 am

Pension Crisis Primer

I have been trying to understand our pension mess for years now, and I will tell you that the numbers and acronyms are at times baffling. But help is here. Two of the nation’s Federal Reserve Banks (the Cleveland and the Atlanta Federal Reserve Banks) have joined together to form a “Financial Monitoring Team to…Read more Pension Crisis Primer Posted on 25 April 2012 | 10:07 am