When Alex Gunning achieved a perfect score in the Australian Mathematical Olympiad in February, people were understandably amazed by the year 10 student. When the 16-year-old doubled down with a similarly unblemished effort (and first place finish) in the more challenging Asian Pacific Mathematics Olympiad in March, they were suitably astounded. But when the young…Details
From the videos description – Economists were seduced by physics because it made their claims seem more scientific. Their belief was in the concept of equilibrium, in which it would be impossible to profit from trading around a circle of goods or a circle of currencies without actually producing anything. Of course, that is possible,…Details
This fascinating little animation is from Nanex who monitor HFT trading. It looks at 0.5 of a second of trading in Johnson and Johnson. When watching it remember this is a 1/2 second which is less than the time between beats of your heart. I have included their explanation below the video. The bottom box…Details
For all of the appearances of the golden ratio, there many be even more erroneous sightings of it. The spiral of the nautilus’ shell is often said to fit precisely within a golden rectangle regardless of its size. But that is untrue. Each nautilus shell does maintain the same proportions throughout the animal’s life (that…Details
Best viewed in full screen.
There is a bit of a chat going on within the current mentor program about the teaching of financial literacy within schools. I have no doubt this is probably a good thing but I would actually like them to get around to teaching actual literacy first. The discussion reminded me of this bloke – Dr…Details
This fascinates me and seems to be a valuable window into the values of a country. I still cannot wrap my head around the ludicrous arguments against universal health care other than to offer the opinion that the more conservative you are the dumber you seem to be. Image compliments of Master of Science in…Details
Thomas Henry Huxley was referred to as Darwins bulldog for his defense of evolution. Dawkins follows admirably in the tradition of defending rationality against the growing number of idiots that increasingly populate the world. .