Showing posts with label America. Show all posts
Showing posts with label America. Show all posts

Friday, January 4, 2013

Does confidence really breed success? - No


Does confidence really breed success?

A composite image showing (clockwise):  A woman powdering her face, a woman applying red lipstick, a woman looking at her own reflection in a window, a man pulling his muscles and a man wearing sunglasses with his collar turned up. All images THINKSTOCK
Research suggests that more and more American university students think they are something special. High self-esteem is generally regarded as a good thing - but could too much of it actually make you less successful?
About nine million young people have filled out the American Freshman Survey, since it began in 1966.
It asks students to rate how they measure up to their peers in a number of basic skills areas - and over the past four decades, there has been a dramatic rise in the number of students who describe themselves as being "above average" for academic ability, drive to achieve, mathematical ability and self-confidence.
This was revealed in a new analysis of the survey data, by US psychologist Jean Twenge and colleagues.
Graphic showing how the the percentage of American students rating themselves as "above average" has gone up. Measures shown: Drive to achieve, social self-confidence, intellectual self-confidence, leadership ability and writing ability
Self-appraisals of traits that are less individualistic - such as co-operativeness, understanding others and spirituality - saw little change, or a decrease, over the same period.

Self-esteem and confidence

Psychologists rarely use the word confidence. They have separate measures for:
  • self-esteem - the value people place on themselves
  • narcissism - definitions vary, but essentially a negative, destructive form of high self-esteem
  • self-efficacy - the ability to achieve personal goals
Twenge adds that while the Freshman Survey shows that students are increasingly likely to label themselves as gifted in writing ability, objective test scores indicate that actual writing ability has gone down since the 1960s.
And while in the late 1980s, almost half of students said they studied for six or more hours a week, the figure was little over a third by 2009 - a fact that sits rather oddly, given there has been a rise in students' self-proclaimed drive to succeed during the same period.
Another study by Twenge suggested there has been a 30% tilt towards narcissistic attitudes in US students since 1979.
The Oxford English Dictionary defines narcissism as: "Excessive self-love or vanity; self-admiration, self-centredness."
"Our culture used to encourage modesty and humility and not bragging about yourself," says Twenge. "It was considered a bad thing to be seen as conceited or full of yourself."

The Freshman Survey

Three female students
  • A nationally representative sample of first-year college and university students in the US
  • Conducted every year since 1966
  • Questions on a range of topics - including values, financial situation, and expectations of college
Not everyone with high self-esteem is a narcissist. Some positive views of the self may be harmless and in fact quite justified.
But one in four recent students responded to a questionnaire, the Narcissistic Personality Inventory, in a way which leaned towards narcissistic views of the self.
Though some have argued that narcissism is an essential trait, Twenge and her colleagues see it as negative and destructive.
In The Narcissism Epidemic, co-written with Keith Campbell, Twenge blames the growth of narcissistic attitudes on a range of trends - including parenting styles, celebrity culture, social media and access to easy credit, which allows people to appear more successful than they are.
"What's really become prevalent over the last two decades is the idea that being highly self-confident - loving yourself, believing in yourself - is the key to success.
"Now the interesting thing about that belief is it's widely held, it's very deeply held, and it's also untrue."

Find out more

This bewitching idea - that people's lives will improve with their self-esteem - led to what came to be known as The Self-Esteem Movement.
Legions of self-help books have propagated the idea that we each have it within us to achieve great things - we just need to be more confident.
Over 15,000 journal articles have examined the links between high self-esteem and measurable outcomes in real life, such as educational achievement, job opportunities, popularity, health, happiness and adherence to laws and social codes.
Yet there is very little evidence that raising self-esteem leads to tangible, positive outcomes.
"If there is any effect at all, it is quite small," says Roy Baumeister of Florida State University. He was the lead author of a 2003 paper that scrutinised dozens of self-esteem studies.

All about me, me, me...

  • In a recent paper Jean Twenge examined changes in pronoun use in American books published between 1960 and 2008, using the Google Books ngram database
  • She found that first person plural pronouns (we, us our etc.) decreased in use by 10% while first person singular pronouns (I, me, my etc.) increased in use by 42%
He found that although high self-esteem frequently had a positive correlation with success, the direction of causation was often unclear. For example, are high marks awarded to people with high self-esteem or does getting high marks engender high self-esteem?
And a third variable can influence both self-esteem and the positive outcome.
"Coming from a good family might lead to both high self-esteem and personal success," says Baumeister.
"Self-control is much more powerful and well-supported as a cause of personal success. Despite my years invested in research on self-esteem, I reluctantly advise people to forget about it."

Am I a narcissist?

Close-up of a woman wearing red lipstick
The Narcissistic Personality Inventory asks 40 questions, then ranks you on a narcissism scale
This doesn't mean that under-confident people will be more successful in school, in their careers or in sport.
"You need to believe that you can go out and do something but that's not the same as thinking that you're great," says Twenge. She gives the example of a swimmer attempting to learn a turn - this person needs to believe that they can acquire that skill, but a belief that they are already a great swimmer does not help.
Forsyth and Kerr studied the effect of positive feedback on university students who had received low grades (C, D, E and F). They found that the weaker students actually performed worse if they received encouragement aimed at boosting their self-worth.
"An intervention that encourages [students] to feel good about themselves, regardless of work, may remove the reason to work hard," writes Baumeister.
So do young people think they are better than they are?
If they are, perhaps the appropriate response is not condemnation but pity.
The narcissists described by Twenge and Campbell are often outwardly charming and charismatic. They find it easy to start relationships and have more confidence socially and in job interviews. Yet their prognosis is not good.

How self-esteem become a movement

Werner Erhard
  • The Self-Esteem Movement is said to have its roots in the civil rights movement, which promoted group solidarity - but also the rights of individuals to be who they want
  • A series of seminars were held in the 1960s on achieving happiness and fulfilment by tapping inner potential - it was called The Human Potential Movement
  • First popular book on self-esteem published in 1969 - The Psychology of Self-Esteem by psychologist Nathaniel Branden
  • Werner Erhard (above) held sessions aimed at boosting self-esteem in US prisons in the 1970s - there were similar programmes in the 1980s to try to reduce teen pregnancy rates and crime
  • Interest is still high - there were more than 40,000 articles about self-esteem in newspapers and magazines between 2002 and 2007
"In the long-term, what tends to happen is that narcissistic people mess up their relationships, at home and at work," says Twenge.
Narcissists may say all the right things but their actions eventually reveal them to be self-serving.
As for the narcissists themselves, it often not until middle age that they notice their life has been marked by an unusual number of failed relationships.
But it's not something that is easy to fix - narcissists are notorious for dropping out of therapy.
"It's a personality trait," says Twenge. "It's by definition very difficult to change. It's rooted in genetics and early environment and culture and things that aren't all that malleable."
Things also don't look good for the many young people who - although not classed as narcissists - have a disproportionately positive self-view.
A 2006 study led by John Reynolds of Florida State University found that students are increasingly ambitious, but also increasingly unrealistic in their expectations, creating what he calls "ambition inflation".
"Since the 1960s and 1970s, when those expectations started to grow, there's been an increase in anxiety and depression," says Twenge.
"There's going to be a lot more people who don't reach their goals."
Jean Twenge spoke to Health Check on the BBC World Service. You can listen to the programme or download the Health Check podcast.

Source 

Wednesday, January 2, 2013

Republicans Fire Back At Boehner For Delaying Sandy Relief Vote

Monday, November 12, 2012

US to become 'world's biggest oil producer'


US to become 'world's biggest oil producer'

Oil fracking operation in North Dakota 
  Shale oil and gas is now big business in the US

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The US will overtake Saudi Arabia as the world's biggest oil producer "by around 2020", an International Energy Agency (IEA) report has said.
The IEA said the reason for this was the big growth and development in the US of extracting oil from shale rock.
This has enabled the US to gain significantly more extractable oil resources.
As a result, the IEA predicts the US will become "all but self-sufficient" in its energy needs by around 2035.
The US shale oil industry has grown significantly in recent years.
It extracts oil from the ground using a method called fracking - pumping down a mixture of sand, water and chemicals at high pressure.
The industry says the method is safe, but critics say it could cause earthquakes and pollute water sources.
The IEA predicts that the US will be producing 11.1 million barrels per day by 2020, compared with 10.6 million from Saudi Arabia.
Currently the US imports about 20% of its total energy needs.
The IEA also expects that the US will overtake Russia as the word's biggest gas producer by 2015, again thanks to fracking, which can also be used to extract natural gas.
It warns that the big growth in US oil and gas production could have significant geopolitical implications, as it may make the US less concerned about the Middle East.

Source

Saturday, September 29, 2012

Tehrangeles: How Iranians made part of LA their own


Tehrangeles: How Iranians made part of LA their own


Google maps recently recognised "Tehrangeles" as a neighbourhood of central Los Angeles. How did this upmarket part of LA become home to the largest community of Iranians outside Iran?
"We're on the map, I mean why shouldn't we be on the map?" says a girl at a hip Los Angeles cafe where young Iranians hang out.
"There's Koreatown, and Chinatown. Why shouldn't we have an area?"
Now they do.
Estimates show anywhere from 300,000 to over half a million Iranians in Southern California, with many living in Tehrangeles.
"Do not engage in any Iranian gossiping if you're not prepared to defend it," says Mahdis Keshavarz, who runs an LA PR agency. "Because everyone here speaks Farsi."

“Start Quote

They settled in LA because so much of it reminds them of Iran - the landscape, the car culture, the mountains”
Dr Reza Aslan California University
"The first time I came to LA as a student I was on campus and I heard Persian and I turned with that knee-jerk reaction, of 'Wow, cool, another Iranian,'" says Amy Malek, a PhD graduate at UCLA, who studies the Iranian diaspora.
"And the girl looked me up and down as if to say, 'Why are you staring at me, what's the big deal?'
"And that's when I realised, OK, you've got a lot of Iranians here."
The largest concentration of Iranians is around Westwood Boulevard, where most of the shop signs are in Persian and most of the voices you hear are speaking Farsi.
Google map showing Tehrangeles
It is adjacent to the affluent Beverly Hills district where 22% of the population is of Iranian descent, and where Iranian "Jimmy" Jamshid Delshad was mayor in 2007 and 2010.
With almost 40% of the students at the renowned Beverly Hills High School said to be Iranian, studies show that Iranians are one of the best-educated immigrant groups in the US, and they are flourishing as entrepreneurs.

Tehrangeles facts

Persian Square sign in LA
  • Also known as Little Persia
  • Located between Beverly Hills and West Los Angeles
  • Centred on the Westwood neighbourhood
  • A fifth of the population of Beverly Hills is of Iranian descent
Entrepreneurs, for example, like Farhad Mohit, who set up comparison-shopping website bizrate.com while he was still in business school and later sold it for millions of dollars.
Online giant e-Bay was founded by an Iranian and the current YouTube CEO is also Iranian.
In fact, plenty of non-Iranian residents of LA are signing up for Farsi lessons to make themselves attractive as potential employees to Iranian businessmen.
The first immigrants arrived in LA as students in the 1960s and prospered in the early 1970s, but the biggest wave came as people fled from the 1979 revolution which overthrew the Shah and ushered in an Islamic Republic.
Many never expected to stay long.
"We had a saying in our community, don't unpack your suitcase, we thought any day things would change and we would go back," says writer and broadcaster Homa Sarshar.
"But it's been 32 years and we are still here."

A tour of the Bijan shop in Tehrangeles, central LA
Many more followed to join families, to escape the Iran-Iraq war of the early 1980s, or simply in search of better opportunities.

“Start Quote

If you say, 'I'm Iranian,' people think you're enriching uranium in your garage!”
Sara Second-generation Iranian
The climate was also a factor.
"They settled in LA because so much of it reminds them of Iran - the landscape, the car culture, the mountains," says Dr Reza Aslan of California University.
But it has not all been plain sailing.
Iran-US relations sharply deteriorated in 1979, when 52 American diplomats were taken hostage in Tehran, and this had implications for Iranians newly arrived in LA.
"We would be playing on the drive way and neighbours would drive up to scare us and then drive away," says Sara, a child of Iranian immigrants.
Farhad Mohit, who arrived at the height of the hostage crisis, was called names at school.

Find out more

Max Jobrani
  • Listen to Iranian comedian Maz Jobrani's tour of Tehrangeles on BBC Radio 4 on Saturday 29th September at 10.30 BST
  • Or catch up here on BBC iPlayer (UK only)
Demonstrations by Americans against Iranians telling them to go back home were common.
"It wasn't a great time to be an Iranian, so when I went to university I changed my name to Fred," he says.
Iranians in the US have struggled to shake off the terrorist-fanatic image ever since.
"As a result of the prejudice Iranians would say they are Italian or Greek," says Amy Malek.
"Or they would refer to themselves as Persian rather than Iranian, as the identity that comes to mind with Persia is cats and rugs, but with Iran, the images are all negative."
"It's like if you say you're Persian, you're more cultured or posh," says Sara.
"But if you say, 'I'm Iranian,' people think you're enriching uranium in your garage!"
Every time new tensions arise between the two governments, the community fears the return of old prejudices.
"Americans are good people, they are just very uncomfortable with what they don't understand," says one young Iranian American who came to the US in the 1980s.
"You always realise that when you get out of California, but LA is like our safe haven."
But a generation on from the turmoil of 1979, most Tehrangeles residents feel completely comfortable with their dual identity.
Now in her thirties, Mahdis Kehsavarz says she no longer feels she has to choose between being Iranian or American.
"We're not going to be fully Iranian and we're not fully American, so let's keep out names and not change them and be proud of who we are."

Source

Monday, August 27, 2012

Gaza 'will not be liveable by 2020' - UN report

Gaza 'will not be liveable by 2020' - UN report

Palestinian men transport bags of cement through tunnels used for smuggling goods on 23 August  
Tunnels under the Egyptian border have been a lifeline for Gaza in recent years.

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The Gaza Strip will not be "a liveable place" by 2020 unless action is taken to improve basic services in the territory, according to a UN report.
Basic infrastructure in water, health, education and sanitation "is struggling to keep pace with a growing population", according to the report.
It estimates Gaza's population will rise from 1.6m to 2.1m by 2020.
Israel tightened a blockade on Gaza after the Islamist movement Hamas came to power in the territory in 2007.
Israel says the blockade, which is policed with Egyptian co-operation and has never been fully lifted, is necessary to prevent weapons reaching Hamas.
The UN report estimates Gaza will need double the number of schools and 800 more hospital beds by 2020, and says the territory is already suffering from a housing shortage.
The report also says the coastal aquifer, the territory's only natural source of fresh water, may become unusable by 2016.
Disconnected territory UN officials point to the difficulty of improving the situation given "the closure of the Gaza Strip, violent conflict, and the pressing need for Palestinian reconciliation".
"An urban area cannot survive without being connected," said Maxwell Gaylard, the UN's humanitarian chief in Gaza.
Gaza has no air or sea ports, and the economy is heavily dependent on outside funding and smuggling through tunnels under the Egyptian border.
Even though Gaza has experienced some economic growth in recent years, the report says it "does not seem to be sustainable" and finds that Gazans are worse off now than in the 1990s.
Unemployment was at 29% in 2011 and has risen since then, particularly affecting women and young people.
Traffic through the cross-border tunnels was hit in recent weeks by violence between Egyptian security forces and militants in Egypt's Sinai peninsula, which borders Israel and Gaza.

Source

Young cannabis smokers run risk of lower IQ, report claims

Young cannabis smokers run risk of lower IQ, report claims



Man smoking a joint 
 Cannabis is the most widely used illegal drug in the world

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Young people who smoke cannabis run the risk of a significant and irreversible reduction in their IQ, research suggests.
The findings come from a study of around 1,000 people in New Zealand.
An international team found those who started using cannabis below the age of 18 - while their brains were still developing - suffered a drop in IQ.
A UK expert said the research might explain why people who use the drug often seem to under-achieve.
For more than 20 years researchers have followed the lives of a group of people from Dunedin in New Zealand.
They assessed them as children - before any of them had started using cannabis - and then re-interviewed them repeatedly, up to the age of 38.
Having taken into account other factors such as alcohol or tobacco dependency or other drug use, as well the number of years spent in education, they found that those who persistently used cannabis suffered a decline in their IQ.
The more that people smoked, the greater the loss in IQ.

Start Quote

It is such a special study that I'm fairly confident that cannabis is safe for over-18 brains, but risky for under-18 brains”
Professor Terrie Moffitt Institute of Psychiatry, King's College London
The effect was most marked in those who started smoking cannabis as adolescents.
For example, researchers found that individuals who started using cannabis in adolescence and then carried on using it for years showed an average eight-point IQ decline.
Stopping or reducing cannabis use failed to fully restore the lost IQ.
The researchers, writing in the US journal Proceedings of the National Academy of Sciences, found that: "Persistent cannabis use over 20 years was associated with neuropsychological decline, and greater decline was evident for more persistent users."
"Collectively, these findings are consistent with speculation that cannabis use in adolescence, when the brain is undergoing critical development, may have neurotoxic effects."
One member of the team, Prof Terrie Moffitt of King's College London's Institute of Psychiatry, said this study could have a significant impact on our understanding of the dangers posed by cannabis use.
"This work took an amazing scientific effort. We followed almost 1,000 participants, we tested their mental abilities as kids before they ever tried cannabis, and we tested them again 25 years later after some participants became chronic users.

Start Quote

There are a lot of clinical and educational anecdotal reports that cannabis users tend to be less successful in their educational achievement, marriages and occupations”
Professor Robin Murray Instuitute of Psychiatry, King's College London
"Participants were frank about their substance abuse habits because they trust our confidentiality guarantee, and 96% of the original participants stuck with the study from 1972 to today.
"It is such a special study that I'm fairly confident that cannabis is safe for over-18 brains, but risky for under-18 brains."
Robin Murray, professor of psychiatric research, also at the King's College London Institute of Psychiatry but not involved in the study, said this was an impressive piece of research.
"The Dunedin sample is probably the most intensively studied cohort in the world and therefore the data are very good.
"Although one should never be convinced by a single study, I take the findings very seriously.
"There are a lot of clinical and educational anecdotal reports that cannabis users tend to be less successful in their educational achievement, marriages and occupations.
"It is of course part of folk-lore among young people that some heavy users of cannabis - my daughter callers them stoners - seem to gradually lose their abilities and end up achieving much less than one would have anticipated. This study provides one explanation as to why this might be the case.
"I suspect that the findings are true. If and when they are replicated then it will be very important and public education campaigns should be initiated to let people know the risks."

Source

Tuesday, August 14, 2012

Saturday, August 11, 2012

Dying Daughter's Health Insurance Cut By Wells Fargo?

     Dying Daughter's Health Insurance Cut By Wells Fargo?   

Thursday, August 9, 2012

Will Millennials Change How Cars Are Bought and Sold?


Will Millennials Change How Cars Are Bought and Sold?

Thursday, March 8, 2012

Google Fiber: Can ultra-fast internet change a city?

Google Fiber: Can ultra-fast internet change a city?

VIDEO: People in Kansas City discuss the arrival of Google's super-fast internet

Google is installing super-fast fibre optic internet service in Kansas City. Will it usher in a new era in industry and society - or just enable faster web browsing and media downloads?

For technology consultant Bret Rhodus, Google's newest venture is an amazing business opportunity.

"This can be a game-changer," he says. "The opportunity for entrepreneurs is significant."

For art supply clerk Danni Parelman, however, it's just a chance to download more music.

The California internet giant has begun installing fibre optic cable that will give Kansas City residents download speeds of up to 1Gbps - about 100 times faster than the broadband internet service currently available to most Americans.

'The future'?
Danni Parelman Danni Parelman says the high speed internet will enable her to download music faster

In dozens of interviews in the streets, shops, offices and cafes of Kansas City - a metropolitan area that straddles the Kansas-Missouri state line - residents and business people agreed that the project would be great for the town.

Analysts say the project, called Google Fiber, is the future of the web.

But the speed will be so much faster than what is currently available that even people familiar with the concept have a hard time imaging how it will affect industries and lives.

Although the seeds of the internet germinated in US Department of Defense laboratories and many of the most innovative internet companies are based in the US, Americans have far slower internet than residents of many other industrialised nations.

Google Fiber details

  • In March, Google chose the Kansas City metropolitan area from more than 1,100 cities and towns that requested the service
  • Google crews have begun hanging fibre lines from utility polls in selected neighbourhoods
  • The service will launch in residential neighbourhoods only - no commercial districts - the first half of 2012
  • About two million people live in the Kansas City metropolitan area, but Google has not said how many will have access to the service
  • Google has not said how much the monthly service will cost, but says it will be "competitive"

Source: BBC research

The average broadband internet speed across the US is 12.84 Mbps, according to Netindex.com. That makes the US 31st in the world (the UK is 32nd with 12.4 Mbps speed).

The ultra-high-speed unleashed by the fibre optic technology is a natural progression in the development of America's telecommunications infrastructure, says Aaron Deacon, a member of the board of the Social Media Club of Kansas City and a technology marketing consultant.

"This is the way the world is heading," he says.

"There are other places around the world that have this kind of connectivity, but around the US adoption has been pretty slow."

Uncertain impact

But what will be super-fast internet's affect on the town in practical terms?

Aaron Deacon Aaron Deacon says: "Being the first for a new infrastructure is kind of a double-edged sword"

At first, the ultra-high-speed could simply mean people use the same web sites and internet services they already do, just faster.

"People say, 'oh it's going to just be faster YouTube'. It's sort of a joke," says Mr Deacon.

"But actually to have fast YouTube and videos with no buffering, and instantaneous downloading of feature movies, is a pretty significant change in the way that video can work."

The high speed will enable small businesses and home-office workers to have high-definition video conferencing without the hiccups, lag-time, and buffering slogs frequently suffered with cable or DSL broadbased.

It will allow greater use of cloud computing by small businesses, for example by allowing them to keep customer databases and accounting systems online instead of in costly local servers.

"Once business people can collaborate and work together and they don't have to worry about lag times - when you're not frustrated with the limitations of internet speeds - things really start jiving and amazing things get done," says Dave Greenbaum owner of a Kansas City computer repair company, who predicts a burst of small business innovation.

Aside from the expected boon to businesses, analysts predict almost every aspect of people's personal lives could be affected.

Having affordable super-fast internet in the home will enable faster and more efficient telecommuting, which could take cars off the roads, analysts say.

Holograms and MRIs

Average broadband download speeds, in Mbps

  • South Korea: 32.96
  • Lithuania: 31.78
  • Latvia: 26.78
  • Sweden: 25.26
  • Romania: 24.80
  • Netherlands: 24.61
  • Singapore: 22.84
  • Bulgaria: 22.26
  • US: 12.76
  • UK: 12.44

Source: Netindex.com, based on volunteers who have tested their own connections through the speedtest.net

Doctors and hospitals will more easily be able to transmit data-heavy medical images like MRI scans. Businesses or local governments could install "dumb terminals" - computers with little more than a screen, keyboard, mouse and internet connection - across the city.

Communities could establish shared music, film and e-book libraries. High definition - even holographic - video conferencing could enable greater participation in local government: "Town hall in the home" is one catchphrase. Public safety could be improved by higher definition CCTV and video emergency calling.

Elsewhere in the US, an electric power firm in Chattanooga, Tennessee now offers 1Gbps internet to its customers - the broadest community-wide rollout of fiber optic connectivity in the nation.

But with its high cost for residential customers - about $350 (£223) a month - only nine have signed up, says EPB's spokeswoman Danna Bailey.

"It's not going to happen overnight," she says.

"It's a bit of a curiosity."

Google fiber video Google published web videos and a blog promoting its service to Kansas City residents

And in Britain, BT says it will begin offering 300Mbps - less than one-third of Google Fiber's advertised speed - in 2013.

Shift to wifi

Despite the overwhelming enthusiasm in Kansas City for Google Fiber, people familiar with it warn of potential pitfalls.

"Being the first for a new infrastructure is kind of a double-edged sword," Mr Deacon says.

"It can be a really great thing, and it can build a leadership position around that, but you're also sort of a guinea pig, so if you're not smart about how you use that opportunity you can be the bad example that somebody else learns from."

Since Google first announced plans to install the fibre network in 2010, internet users' attention has shifted away from desktop internet to mobile internet, as consumers spend more and more time on smart phones, tablets and other mobile devices, says Ed Malecki, a professor of geography at Ohio State University who studies technology and economic development.

As mobile providers tighten up on cellular data use, consumers will have greater need for high-speed wifi where ever they go in their home towns, he says.

Downtown Kansas City Residents said they hoped the project would help Kansas City outgrow its reputation as a "cow town"

"If Google wants to make super-fast community wifi, fine," he says. Google fiber is "not going to help anybody unless it's translated into wifi."

Meanwhile, Ms Bailey of EPB notes past world-changing technologies took years to have a broader impact.

"When electric power first became widely available in homes, it was a more convenient, somewhat novel alternative to the oil lamp for lighting," she says.

"At that time, it would have taken an incredible visionary to predict what kind of an impact electric power would have on business and ultimately quality of life."

Source

What can political donors learn from history?

What can political donors learn from history?

Sheldon Adelson Adelson could probably finance an entire presidential campaign on his own, Forbes Magazine says

A billionaire Las Vegas casino magnate has said he might donate $100m (£64m) to support Republican Newt Gingrich's presidential campaign. He joins history's long list of great - and ignominious - political money men.

Sheldon Adelson, who is worth an estimated $25bn, is almost single-handedly responsible for keeping Mr Gingrich's bid for the Republican nomination afloat, analysts say.

He and his wife have already donated $10m to a nominally independent political fund that has bought adverts for the former House speaker's campaign.

"What scares me is the continuation of the socialist-style economy we've been experiencing for almost four years," Mr Adelson told Forbes Magazine.

"That scares me because the redistribution of wealth is the path to more socialism, and to more of the government controlling people's lives."

Mr Adelson's big contributions place him among a new generation of US political money men freed to donate millions by recent Supreme Court decisions that overturned campaign finance restrictions.

But he is part of a long tradition - stretching back into antiquity - of wealthy men who used their cash to buy political influence.

Here are some lessons he could heed:

Lesson 1: Patronage can yield profits

Crassus Crassus, seated, enabled Caesar's rise by backing his debts and funding his campaign for consul

Known to historian Plutarch as "the richest of the Romans", Marcus Crassus got even richer by staking Julius Caesar's military career and his later election as Roman consul.

"We never would have heard of Caesar without Crassus," says Philip Freeman, chairman of the classics department at Luther College in the US state of Iowa and author of a recent biography of Caesar.

Born in a household of relatively modest means, Crassus aligned himself with Roman dictator Sulla and grew rich by taking property Sulla had expropriated from his own political enemies.

He made "the public calamities his greatest source of revenue", Plutarch wrote, and also made lots of money as a contract tax collector.

In 61BC, Caesar was named to a military post in Spain, but his creditors sought to prevent him from leaving Rome.

Crassus guaranteed his debts - to the sum of about $23m (£14.6m) in 2012 figures, by Prof Freeman's calculation.

Two years later, Caesar ran for election as consul, the highest political office in the Roman republic. Crassus funded his campaign, which depended on officially condemned but widespread vote-buying, Freeman says.

In return, Caesar pushed through legislation giving the contract tax collectors a break in the amount of money they had to return to the central government.

"It's like if Mr Gingrich got to be president and passed a bill making casinos tax exempt - for his benefactor back in Las Vegas," says Prof Freeman.

"It was a great financial play for Crassus purely in monetary terms."

Lesson 2: Have an exit strategy

Sir William de la Pole of Hull was a 14th-Century wine importer, wool merchant and financier who lent staggering sums of money to King Edward III to finance his lavish lifestyle and his wars in France and Scotland.

"There's no doubt that Pole did acquire a great deal of wealth, and wealth brought him social status," says Jonathan Sumption, a historian and jurist who has written three volumes about The Hundred Years War.

"His sons went on to become Earls of Suffolk, noblemen, which nobody would have accused William of being. You couldn't do much better than that. This was simply the normal way in which money was converted into status."

Pole's involvement with the crown began in earnest in 1327, when he lent Edward III £2,001 (about £1.4m in today's money, according to Measuringworth.com, a calculator devised by economists at the University of Illinois at Chicago) to hire mercenaries to fight the Scots.

In 1336-1337, Edward III sought to exploit the wool industry to finance the start of the Hundred Years War with France.

Pole organised other wool growers into the Wool Company, in effect purchasing from Edward III the right to export wool on privileged terms, Mr Sumption says.

Between June 1338 and October 1339, he lent the crown £111,000 (more than £86m in 2012 figures).

For Pole himself, the story did not end well.

Edward III grew resentful at his dependence on Pole and imprisoned him for two years. He was released because the king again needed his help raising money.

Edward defaulted on his debts because the wars cost more than his tax revenue, Mr Sumption says, and Pole and his partners went bust.

"Lending to the king was a mug's game," Mr Sumption says. "The problem was that if you didn't you were likely to be ruined anyway."

Lesson 3: The stakes are high

Thomas Seymour When Seymour's political intrigue failed, he lost more than his shirt

When Edward VI ascended to the throne in 1547 at the age nine, members of the Tudor court began jockeying for position and influence.

Two of the top intriguers were his uncles Edward and Thomas Seymour.

Edward Seymour managed to have himself declared Lord Protector of the Realm, Governor of the King's Person and later Duke of Somerset, making him the most powerful man in the court.

But Thomas Seymour, who had been well placed under Henry VII, found himself increasingly frozen out.

Among his several schemes to gain influence over the boy king, Seymour began supplying him with pocket money, telling him "you are a beggarly king, you have no money to play or to give".

Edward VI, who had reportedly complained to Seymour that Somerset "deals very hardly with me and keeps me so straight that I cannot have money at my will", wanted the cash to pay for musicians in his court and to reward his personal servants, says John Cooper, a lecturer in early modern history at the University of York.

Seymour gave the king £188 (about £70,400 in today's value), funnelled in part through Edward's personal servants and his tutor.

"It's a political gamble that fails very dramatically," Mr Cooper says.

When Somerset found out about that and other intrigues (Seymour also flirted with the teenaged Princess Elizabeth, whom he may have hoped to marry), he had him arrested and charged with treason.

He was beheaded at the Tower of London.

On hearing of his execution, Elizabeth said: "This day died a man with much wit, and very little judgment."

Lesson 4: Be prepared to lose big

Among the liberals incensed about the Vietnam war in the late 1960s and early 1970s was Stewart Mott, the black-sheep son of a wealthy Detroit car manufacturing family.

Mott, who described himself as an "avant-garde philanthropist", donated more than $200,000 to the 1968 presidential campaign of Eugene McCarthy, and about $400,000 in 1972 to George McGovern, the Democratic challenger to President Richard Nixon, according to Mr Corrado, the campaign finance expert.

His big contributions in part led Congress to enact strict limits on direct contributions to political campaigns that remain in effect to this day (though giving to independent committees are unlimited).

"He identified with their politics, and whatever one means by progressive, he was it," says Victor Navasky, professor of journalism at Columbia University.

"He cared about them, and he hoped to help them attain the White House."

Despite Mott's seed money, Mr McGovern suffered one of the greatest political defeats in American history, winning only the state of Massachusetts and Washington DC.

Mott's support for liberal candidates earned him a spot on Nixon's infamous enemies list. Nixon aide Chuck Colson listed him as "nothing but big money for radic-lib candidates".

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Thursday, February 23, 2012

How to get America to walk

How to get America to walk

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US cities built in the 20th Century have long catered for a population that prefers to take the car to shop, dine and work. But an ageing population and a young professional workforce looking for an urban lifestyle have forced city planners to reconsider the existing road and pavement infrastructure.

But how do you remake a city into a pedestrian dream, and how do you re-educate the public about its transportation choices?

The BBC's Franz Strasser went to Raleigh, North Carolina, where an unsanctioned street sign campaign called Walk Raleigh caught the attention of city officials and pedestrians alike.

Night video courtesy of Matt Tomasulo.


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Tuesday, February 14, 2012

When Charles Dickens fell out with America

When Charles Dickens fell out with America

Portraits of Charles Dickens in 1860
Photography was in its infancy in the 1840s. These portraits date from 1860

On his first visit to America in 1842, English novelist Charles Dickens was greeted like a modern rock star. But the trip soon turned sour, as Simon Watts reports.

On Valentine's Day, 1842, New York hosted one of the grandest events the city had ever seen - a ball in honour of the English novelist Charles Dickens.

Dickens was only 30, but works such as Oliver Twist and the Pickwick Papers had already made him the most famous writer in the world.

The cream of New York society hired the grandest venue in the city - the Park Theatre - and decorated it with wreaths and paintings in honour of the illustrious visitor.

There was even a bust of Dickens hanging from one of the theatre balconies, with an eagle appearing to soar over his head.

Dickens and his wife, Catherine, danced most of the night in the company of around 3,000 guests.

"If I should live to grow old," the novelist told a dinner the following night, "the scenes of this and other evenings will shine as brightly to my dull eyes 50 years hence as now".

But a visit which had started so well quickly turned into a bitter dispute, known as the "Quarrel with America".

Enthusiastic fans

“Start Quote

I am disappointed.... This is not the republic of my imagination”

Charles Dickens in a letter to his friend, William Macready

As a committed social reformer, Dickens wanted to use his trip to find out if American democracy was an improvement on class-ridden Victorian England.

The novelist particularly enjoyed Boston, his first port of call.

His hosts watched in amazement as he charged through the snowy streets with delight, reading aloud the signs on the shops.

But little by little, the enthusiasm of his American fans began to overwhelm him.

When Dickens's boat made a stopover in Cleveland, he awoke to find a "party of gentlemen" staring through the cabin window as his wife lay in bed.

"If I turn into the street, I am followed by a multitude," Dickens complained in a letter.

"I can't drink a glass of water, without having 100 people looking down my throat when I open my mouth to swallow."

'Fellow animals'

The novelist was particularly irritated by Americans who tried to make money out of his fame.

Find out more

  • Dickens in America by Simon Watts was broadcast on the BBC World Service history programme Witness

In New York, the jewellers Tiffany's had made copies of a Dickens bust and an enterprising barber is said to have tried to sell locks of the writer's hair.

Then, there were the table manners of the Americans that Dickens was forced to share meals with as he travelled around the country.

In his travel book, American Notes, Dickens describes Mid-Westerners at dinner as "so many fellow animals", who "strip social sacraments of everything but the mere satisfaction of natural cravings".

"The longer Dickens rubbed shoulders with Americans, the more he realised that the Americans were simply not English enough," says Professor Jerome Meckier, author of Dickens: An Innocent Abroad.

"He began to find them overbearing, boastful, vulgar, uncivil, insensitive and above all acquisitive."

'Tobacco-tinctured saliva'

Dickens had scheduled a whole week in Washington to see if American politics lived up to his high hopes.

A scene from Martin Chuzzlewit, which was published in 1843-4 Martin Chuzzlewit was written after Charles Dickens returned to England from his North American trip

He visited the Capitol, met American politicians and attend President John Tyler's morning reception at the White House.

But by now Dickens was in such a foul mood that his enduring memory of the city was the tobacco-spitting he saw in the streets.

"Washington may be called the head-quarters of tobacco-tinctured saliva," Dickens fumed in American Notes. "The thing itself is an exaggeration of nastiness, which cannot be outdone."

As for the politicians, Dickens concluded that, like everyone else in America, they were motivated by money, not ideals.

"I am disappointed," he wrote in a famous letter. "This is not the republic of my imagination."

Washington, Dickens blasted in American Notes, was the home of: "Despicable trickery at elections; under-handed tamperings with public officers; and cowardly attacks upon opponents, with scurrilous newspapers for shields, and hired pens for daggers".

Pirated editions

By this stage in the trip, Americans were as annoyed with Dickens as the novelist was with them.

The issue was a very modern one - intellectual property.

Courier and Enquirer's furious response to American Notes:

James Watson Webb, editor of the Courier and Enquirer (Picture between 1855 and 1865)

Mr Dickens is a young man who knows nothing of this world, of society, or of government, but what he picked up as a "flash reporter" and penny-a-liner when connected with some of the most scurrilous of the vile presses with which London abounds. No person of ordinary intelligence can get up from the perusal of these "notes" without feeling that the great aim of the writer is produce the impression among the English readers that he is really somebody, and possesses all those niceties of feeling and sensitiveness of contact with the vulgar mass, so frequently assumed by the low-bred scullion unexpectedly advanced from the kitchen to the parlour...

Courier and Enquirer, 17 November 1842

In 1842, there were no international copyright laws so Americans could read Dickens's works for free in pirated editions.

Once Dickens saw how popular he was in the US, he realised he could virtually double his income if his American fans started paying a going rate for his work.

"I am the greatest loser alive by the present law," he complained in letters home.

Dickens raised the matter with his American audiences as tactfully as he could.

At literary dinners, he argued that a copyright law would help American writers as much as him, and he stressed that he would "rather have the affectionate regard of my fellowmen as I would have heaps and mines of gold".

But the American press turned on Dickens, accusing him of mixing pleasure and business.

"We are mortified and grieved that he should have been guilty of such great indelicacy and impropriety," said the New York Courier and Enquirer, then the country's most popular paper.

"The entire press of the Union was predisposed to be his eulogist, but he urged those assembled (not just to) do honour to his genius, but to look after his purse also."

Dickens's visit to America ended with both sides accusing each other of being vulgar money-grabbers.

'Traitor'

On his return to England, Dickens published two books about his American trip.

As well as the scathing travel writing of American Notes, he satirised the country viciously in a section of Martin Chuzzlewit, his next major novel.

To the American press, the books were a libel on their country.

"We are all described as a filthy, gormandizing race," raged an article in the Courier and Enquirer, which was edited by James Watson Webb.

It described Dickens as a "low-bred scullion... who for more than half his life has lived in the stews of London".

Many of the friends Dickens had made in America, such as the novelist, Washington Irving, were also outraged and struggled to forgive him for ridiculing their country in print.

"Americans felt they'd welcomed Dickens into their country as a hero," says Prof Meckier, "and now there was a sense he was a traitor."

'Silver sunshine'

For some Dickens scholars, the "Quarrel With America" marks a significant shift in his work.

"Dickens had a traumatising experience in America," argues Prof Meckier. "He became less radical, less optimistic, and he downgraded his view of human nature."

Highlights of Charles Dickens's 1842 itinerary

  • January 22: Arrived Boston
  • February 2: Visited mills at Lowel, Massachusetts
  • February 13: Arrived New York by boat
  • February 14: Ball at Park Theatre
  • March 2: Visited Tombs Prison and Public Department
  • March 6: Arrived Philadelphia
  • March 10: Visited Capitol and White House
  • March 13: Dinner at the White House
  • March 29: Arrived Pittsburgh
  • April 4: Arrived Cincinnati
  • April 10: Arrived St Louis
  • April 26- May 3: Niagara Falls
  • May 4- 29: Visited Canada
  • June 7: Left New York for England

Source: Charles Dickens in America by William Glyde Wilkins

Dickens expressed his darker world view in later novels such as David Copperfield and Bleak House.

But despite the "quarrel", these books sold as well as his early works. And it was the novelist's enduring popularity with American readers that eventually ended the dispute.

Towards the end of his life, Dickens began holding wildly popular public readings from works such as A Christmas Carol.

He sent a scout to assess if the American public would react as well as his fans in England, and after getting favourable reports, he returned to the US in 1867 and 1868.

Dickens needn't have worried about his reception.

"To say that his audience followed him with delight hardly expresses the interest with which they hung upon his every word," wrote the Boston Journal.

"It was not Dickens, but the creation of his genius, that seemed to live and talk before the spectators."

Almost all of Dickens's American critics were won over by his performances, and the quarrel was declared to be over.

"Dickens' second coming was needed to disperse every cloud and every doubt," said the New York Tribune, "and to place his name undimmed in the silver sunshine of American admiration".

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Sunday, February 12, 2012

Poor America: 'Some kids are making ketchup soup'

Poor America: 'Some kids are making ketchup soup'

Panorama's Hilary Andersson travelled to Whitney Elementary School in Las Vegas to meet some of America's youngest poor.

Children told of going to bed hungry and worrying about their families, while school officials said some children were resorting to eating "ketchup soup".

Panorama: Poor America, BBC One, Monday, 13 February at 20:30 GMT then available in the UK on the BBC iPlayer.


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Thursday, January 19, 2012

The Weird Ways Gender Ratios Affect Dating, Spending, Saving—and the Size of Your Engagement Ring

The Weird Ways Gender Ratios Affect Dating, Spending, Saving—and the Size of Your Engagement Ring


A new study shows that when women are scarce, they expect men to spend more on engagement rings.

Men are known to go to great lengths—and great expense—to impress women. This is most obviously the case when the male population outnumbers that of females, and laws of supply and demand kick in.

A new report from the University of Minnesota’s Carlson School of Management finds that men are prone to spend more, save less, and even be willing to go into debt when they believe women are scarce in their neck of the woods:

“What we see in other animals is that when females are scarce, males become more competitive. They compete more for access to mates,” says Vladas Griskevicius, an assistant professor of marketing at the Carlson School and lead author of the study. “How do humans compete for access to mates? What you find across cultures is that men often do it through money, through status and through products.”

(MORE: How 401(k)s Make Many Americans Poorer)

In the study, entitled “The Financial Consequences of Too Many Men: Sex Ratio Effects on Savings, Borrowing, and Spending” and set to be published next month in the Journal of Personality and Social Psychology, volunteers read stories indicating that the local population had either more men or more women. Then, they were asked how much money they’d save each month from their paycheck, and how much they’d be likely to spend using credit cards when they don’t have enough cash for immediate expenditures.

Men, it seems, turn into spendthrifts when women are in short supply. When women are scarce, savings rates for guys drop 42%, and dudes say they’re willing to borrow 84% more each month via credit cards.

For a real-life example of this phenomenon, USA Today points to a pair of communities in Georgia:

In Columbus, Ga., where there are 1.18 single men for every single woman, the average consumer debt was $3,479 higher than it was 100 miles away in Macon, Ga., where there were 0.78 single men for every woman.

The study indicates that the ratio of the sexes isn’t likely to affect how women spend money. But it does have an impact on women’s expectations regarding how much cash a guy will spend to woo the ladies. When women hear that guys outnumber girls, they expect men to drop more money on dates, Valentine’s gifts, and engagement rings. Griskevicius, the report’s lead author, explains that women know that being outnumbered puts them in the driver’s seat:

“When there’s a scarcity of women, women felt men should go out of their way to court them.”

(MORE: Is It a Bad Idea to Friend a Co-worker on Facebook?)

I’d love to see how varying sex ratios change the likelihood of how often men and women go to the gym.

Brad Tuttle is a reporter at TIME. Find him on Twitter at @bradrtuttle. You can also continue the discussion on TIME’s Facebook page and on Twitter at @TIME.

Thursday, January 12, 2012

Wednesday, January 11, 2012

Unable to Work, Retirees Move in with Kids and Find it’s not So Bad

Unable to Work, Retirees Move in with Kids and Find it’s not So Bad

Bunching family under one roof isn’t the Holy Grail of retirement. But for those with few choices at least it’s an answer with some unexpected benefits.
Getty Images
Getty Images

You’ve heard it over and over: the Holy Grail of retirement security is working longer. By sticking around for a few extra years or phasing into retirement with a part-time job, you can defer Social Security benefits and avoid tapping your nest egg right away—and boost your retirement income by 30% or so.

But what if you can’t work longer? What if you are physically unable or, as many have found since the financial crisis, no one will hire you? The next best thing to the Holy Grail seems to be moving in with the kids, if your resources are lacking and they’ll have you.

(MORE: Americans Are Expected to Buy a Million More Cars in 2012)

More than 51 million Americans—about one in six encompassing 12 million homes—live in a multigenerational household. That is a 10% increase since 2007 and while it includes struggling young adults who have moved in with Mom and Dad, struggling parents moving in with the kids are a big part of the mix, according to a report from Generations United.

In the survey, 66% of those who live in a multigenerational household said economic considerations were part of the reason and 21% said economic considerations were the only reason they live that way. Other findings:

  • 40% reported that job loss, change in job status, or underemployment was a reason their family became a multigenerational household.
  • 20% reported that health care costs prompted them to form a multigenerational household.
  • 14% reported that foreclosure or other housing loss prompted them to form a multigenerational household.

Evidently Robert Frost was correct when he wrote that “home is the place where, when you have to go there, they have to take you in.” Yet the living arrangement may not be as awful as you imagine. Some 72% report that living with multiple generations has improved their finances; 82% say it has forged closer bonds with family; and 75% say it has relieved the hardship of finding elder care or childcare.

Multigenerational living brings occasional stress, 78% in the survey report. But in general they agree that the benefits are significant and make it financially possible, for example, to go back to school or get additional job training.

(MORE: One Promising Economic Sign: Demand for Coins is Up)

This is a back to the future trend. When America was primarily an agricultural country, multiple generations routinely lived together on the farm. We may have been headed back this direction even without economic problems. Immigrant populations are growing and, as a matter of culture, often house multiple generations under one roof. Aging and suddenly single boomers, meanwhile, are choosing to take in family or roommates for companionship.

But the biggest driver going forward would seem to be the giant boomer generation now hitting age 66 at a clip of 10,000 a day and, after a lost decade for stocks, looking at retiring with fewer resources than they had planned. According to the report:

“Many boomers may end up turning to their adult children for help—and a place to live in the near future. Even if relatively few baby boomers follow this course, the sheer size of the baby boom population guarantees that their economic struggles will have a significant impact.”

Bunching family under one roof isn’t the Holy Grail of retirement. But for those with few choices, at least it’s an answer with some unexpected benefits.


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