Showing posts with label George Mason University. Show all posts
Showing posts with label George Mason University. Show all posts

Sunday, October 22, 2017

Liberals Love Trump"s Tax Plan (When Told It"s Bernie"s)

President Donald Trump"s proposal for comprehensive tax reform was almost immediately dismissed as heartless and impractical by his political opponents.



But Campus Reform wondered what would some of those opponents think if they were told the same plan was being proposed by someone they adore - Senator Bernie Sanders?


To find out, we headed to George Washington University to ask students their opinions on Trump’s new tax plan. WIthout much explanation, the students immediately made clear their distaste for the plan.


“It’s not the most efficient, nor beneficial to the general populus,” said one student when asked her opinion of Trump’s plan.


 


“It’s better for the upper class than anyone else,” added another.



After watching student after student express their disapproval of the plan, we then asked those same students what they thought of Senator Bernie Sanders’ new tax plan.


Immediately, they expressed excitement and support after hearing the details of the plan.


The only problem for them? There was no tax plan for Senator Sanders. The plan they loved was actually President Trump’s.


How did they react?


Enjoy...



Additionally as MishTalk"s Mike Shedlock writes, unsurprisingly, Students Despise Obama Policies...When Credited to Trump.


In anticipation of the 100-day mark of Donald Trump"s presidency, Campus Reform asked students at George Mason University to evaluate some of the president"s accomplishments.


The students predictably blasted things like the "Apology Tour" and stimulus package, even comparing them to Nazi policies, at least until learning that they were actually accomplished during President Obama"s first 100 days.



What"s Going On


1. These students are so brainwashed by mainstream media they respond to the person, not the idea.


 


2. More fundamentally, the students know nothing of current events or they would not fall for these types of gotchas.



To be fair, we do not know the percentage of students who did not fall for the traps. However, I strongly suspect the vast majority of the students (and most likely the average person on the street, not just students) would tend react to the person, not the issue.









Monday, October 2, 2017

RIP, Monty Hall: The Time Everyone "Corrected" The World's Smartest Woman

Monty Hall, the genial host and co-creator of “Let’s Make a Deal,” the game show on which contestants in outlandish costumes shriek and leap at the chance to see if they will win the big prize or the booby prize behind door No. 3, died at his home in Beverly Hills, Calif., on Saturday. He was 96.



In memory of the great entertainer, we present:


The Time Everyone “Corrected” the World’s Smartest Woman


Authored by Zachart Crockett via Priceonomics.com,


By all accounts, Marilyn vos Savant was a child prodigy.


Born in St. Louis, Missouri in 1946, the young savant quickly developed an aptitude for math and science. At age 10, she was given two intelligence tests -- the Stanford-Binet, and the Mega Test -- both of which placed her mental capacity at that of a 23-year-old. She went on to be listed in the Guinness Book of World Records for having the “World’s Highest IQ,” and, as a result, gained international fame.



Despite her status as the "world’s smartest woman,” vos Savant maintained that attempts to measure intelligence were “useless,” and she rejected IQ tests as unreliable. In the mid-1980s, with free rein to choose a career path, she packed her bags and moved to New York City to be a writer.


Here, she caught a break: when Parade Magazine wrote a profile on her, readers responded with so many letters that the publication offered her a full-time job. Shortly thereafter, she established “Ask Marilyn,” a now-famous weekly column in which she answered (and continues to answer, to this day) a variety of academic questions and logic puzzles. It was in the body of one of these columns that vos Savant ignited one of the most heated statistical battles of the 21st century.


When vos Savant politely responded to a reader’s inquiry on the Monty Hall Problem, a then-relatively-unknown probability puzzle, she never could’ve imagined what would unfold: though her answer was correct, she received over 10,000 letters, many from noted scholars and Ph.Ds, informing her that she was a hare-brained idiot.


What ensued for vos Savant was a nightmarish journey, rife with name-calling, gender-based assumptions, and academic persecution.


The Monty Hall Problem: A Brief History



Imagine that you’re on a television game show and the host presents you with three closed doors. Behind one of them, sits a sparkling, brand-new Lincoln Continental; behind the other two, are smelly old goats. The host implores you to pick a door, and you select door #1. Then, the host, who is well-aware of what’s going on behind the scenes, opens door #3, revealing one of the goats.


“Now,” he says, turning toward you, “do you want to keep door #1, or do you want to switch to door #2?”


Statistically, which choice gets you the car: keeping your original door, or switching?


If you, like most people, posit that your odds are 50-50, you’re wrong -- unless, of course, you like goats as much as you like new cars, in which case you"ll win 100% of the time.


Loosely based on the famous television game show Let’s Make a Deal, the scenario presented above, better known as the “Monty Hall Problem,” is a rather famous probability question. Despite its deceptive simplicity, some of the world’s brightest minds -- MIT professors, renowned mathematicians, and MacArthur “Genius” Fellows -- have had trouble grasping its answer. For decades, it has sparked intense debates in classrooms and lecture halls.


Historically, the Monty Hall Problem was predated by several very similar puzzles.


In Joseph Bertrand’s box paradox (1889), three boxes are presented -- one containing two gold coins, one containing two silver coins, and the final containing one of each. Assuming the participant draws one gold coin from a box, the problem then asks what the probability is that the other coin in that box is gold. Bertrand, who concluded that the probability was ?, was lauded for his ability to look beyond the obvious.


A second iteration of this paradox, the Three Prisoners Problem (1959), presents a statistically identical scenario, with the same outcome. “[It’s] a wonderfully confusing little problem," its creator, Scientific American columnist Martin Gardner, later wrote, smugly. "In no other branch of mathematics is it so easy for experts to blunder as in probability theory."


First presented in a letter to the editor of The American Statistician in 1975, the Monty Hall Problem was also counterintuitive. In this letter, Steve Selvin, a University of California, Berkeley professor, splayed out the situation in the intro of this article, and contended that switching doors yields a ? chance of winning the car, whereas keeping the original door results in winning only ? of the time. 


Over the next decade or so, the Monty Hall Problem made several appearances, first in a Journal of Economics Perspectives puzzle by Barry Nalebuff, and subsequently in a 1989 issue of Bridge Today, by Phillip Martin. Neither man’s logic was refuted, and the problem generated relatively little attention.


Then, after 15 years without incident, the Monty Hall Problem was resurrected by Marilyn vos Savant -- and an absolute shit-storm ensued.


Marilyn vos Savant’s Debacle



In September 1990, Marilyn vos Savant devoted one of her columns to a reader’s question, which presented a variation of the Monty Hall Problem:





“Suppose you’re on a game show, and you’re given the choice of three doors. Behind one door is a car, behind the others, goats. You pick a door, say #1, and the host, who knows what’s behind the doors, opens another door, say #3, which has a goat. He says to you, "Do you want to pick door #2?" Is it to your advantage to switch your choice of doors?”



“Yes; you should switch,” she replied. “The first door has a 1/3 chance of winning, but the second door has a 2/3 chance.”


Though her answer was correct, a vast swath of academics responded with outrage. In the proceeding months, vos Savant received more than 10,000 letters -- including a pair from the Deputy Director of the Center for Defense Information, and a Research Mathematical Statistician from the National Institutes of Health -- all of which contended that she was entirely incompetent:





You blew it, and you blew it big! Since you seem to have difficulty grasping the basic principle at work here, I’ll explain. After the host reveals a goat, you now have a one-in-two chance of being correct. Whether you change your selection or not, the odds are the same. There is enough mathematical illiteracy in this country, and we don’t need the world’s highest IQ propagating more. Shame!


Scott Smith, Ph.D.
University of Florida


 


May I suggest that you obtain and refer to a standard textbook on probability before you try to answer a question of this type again?


Charles Reid, Ph.D.
University of Florida


 


I am sure you will receive many letters on this topic from high school and college students. Perhaps you should keep a few addresses for help with future columns.
W. Robert Smith, Ph.D.
Georgia State University


 


You are utterly incorrect about the game show question, and I hope this controversy will call some public attention to the serious national crisis in mathematical education. If you can admit your error, you will have contributed constructively towards the solution of a deplorable situation. How many irate mathematicians are needed to get you to change your mind?
E. Ray Bobo, Ph.D.
Georgetown University


 


You made a mistake, but look at the positive side. If all those Ph.D.’s were wrong, the country would be in some very serious trouble.
Everett Harman, Ph.D.
U.S. Army Research Institute


 


You are the goat!
Glenn Calkins
Western State College


 


Maybe women look at math problems differently than men.
Don Edwards
Sunriver, Oregon



The outcry was so tremendous that vos Savant was forced to devote three subsequent columns to explaining why her logic was correct. Even in the wake of her well-stated, clear responses, she continued to be berated.





 “I still think you’re wrong,” wrote one man, nearly a year later.


 


“There is such a thing as female logic.”



Yet, the numbers behind vos Savant"s conclusion don"t lie.


Debunking the Monty Hall Problem


Since two doors (one containing a car, and the other a goat) remain after the host opens door #3, most would assume that the probability of selecting the car is ½. This is not the case.


“The winning odds of 1/3 on the first choice can’t go up to 1/2 just because the host opens a losing door,” writes vos Savant. Indeed, if you map out six games exploring all possible outcomes, it becomes clear that switching doors results in winning two-thirds (66.6%) of the time, and keeping your original door results in winning only one-third (33.3%) of the time:



Another way to look at this is to break down every door-switching possibility. As we’ve delineated below, 6 out of the 9 possible scenarios (two-thirds) result in winning the car: 



These results seem to go against our intuitive statistical impulses -- so why does switching doors increase our odds of winning?


The short answer is that your initial odds of winning with door #1 (?) don’t change simply because the host reveals a goat behind door #3; instead, Hall’s action increases the odds to ? that you’ll win by switching.


Here’s another way to visualize this. Imagine that instead of three doors, Monty Hall presents you with 100 doors; behind 99 of them are goats, and behind one of them is the car. You select door #1, and your initial odds of winning the car are now 1/100:



Then, let’s suppose that Monty Hall opens 98 of the other doors, revealing a goat behind each one. Now you’re left with two choices: keep door #1, or switch to door #100:



When you select door #1, there is a 99/100 chance that the car is behind one of the other doors. The fact that Monty Hall reveals 98 goats does not change these initial odds -- it merely "shifts" that 99/100 chance to door #100. You can either stick with your original 1/100 odds pick, or switch to door #100, with a much higher probability of winning the car.


Still, while the math and numbers back up vos Savant’s assertion -- that the odds of winning increase to ? when you switch doors -- one must consider other factors she doesn’t address in her answer.


The Psychology of Rationalization



Monty Hall, host of "Let"s Make a Deal"


In 1992, while the controversy over vos Savant’s answer brewed, Monty Hall -- the game show host, and namesake of the problem -- sat down for an interview with the New York Times.


Hall clarified that things worked a bit differently than the scenario presented by the Parade reader in vos Savant’s column. In the real show, for instance, he retained the authority to offer the contestant cash NOT to switch. Details like this, he said, altered the contestant"s mindset:





"[After I opened a door with a goat], they"d think the odds on their door had now gone up to 1 in 2, so they hated to give up the door no matter how much money I offered...The higher I got, the more [they] thought the car was behind [the other door]. I wanted to con [them] into switching there. That"s the kind of thing I can do when I"m in control of the game. You may think you have probability going for you when you follow the answer in her column, but there"s the psychological factor to consider."



The “psychological factor” Hall mentions carries over from the show’s rules to the variation of the problem we’ve presented in this article. For contestants and problem-solvers alike, the Monty Hall Problem causes cognitive dissonance, a term psychologists use to describe the “mental stress experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time, or is confronted by new information that conflicts with existing beliefs, ideas, or values.” 


When people are confronted with evidence that is “inconsistent with their beliefs” (ie. the odds of winning by switching doors being ?, instead of ½), they first respond by refuting the information, then band together with like-minded dissenters and champion their own hard-set opinion.


This is precisely the mentality of vos Savant’s thousands of naysayers.


***



More than 25 years later, arguments over the Monty Hall Problem’s semantics and vos Savant’s response still pervade -- mainly centering around the intricacies of the host’s actions. 





“Our brains are just not wired to do probability problems very well, so I"m not surprised there were mistakes,” Stanford stats professor Persi Diaconis told a reporter, years ago. “[But] the strict argument would be that the question cannot be answered without knowing the motivation of the host."



Eventually though, many of those who’d written in to correct vos Savant’s math backpedaled and ceded that they were in error.


An exercise proposed by vos Savant to better understand the problem was soon integrated in thousands of classrooms across the nation. Computer models were built that corroborated her logic, and support for her intellect was gradually restored. Whereas only 8% of readers had previously believed her logic to be true, this number had risen to 56% by the end of 1992, writes vos Savant; among academics, 35% initial support rose to 71%.


Among the new believers was Robert Sachs, a math professor at George Mason University, who’d originally written a nasty letter to vos Savant, telling her that she “blew it,” and offering to help "explain.” After realizing that he was, in fact, incorrect, he felt compelled to send her another letter -- this time, repenting his self-righteousness.





“After removing my foot from my mouth I"m now eating humble pie,” he wrote. “I vowed as penance to answer all the people who wrote to castigate me. It"s been an intense professional embarrassment.”


Sunday, August 20, 2017

And The Best State To Grow Old In Is...

Elder-care company Caring.com recently conducted a study to determine the best US states to grow old in. And the winner is…


Utah.


That"s right: In addition to being one of the top 5 fiscally responsible states in the Union, the home of Mormonism is also the most friendly state for elderly Americans to grow old and retire in. Earlier this year, the Mercatus Center at George Mason University compiled a comprehensive study, based on a number of objective financial metrics, ranking the 50 US states according to their overall fiscal condition. Utah came in third behind Alaska and Florida.



But Utah handily bested both those states on a ranking based on 13 categories including quality, cost, and availability of health care for seniors, as well as factors that speak to the state’s overall quality of life.


Here’s a breakdown of the data, courtesy of Bloomberg:


Best states:
Utah/$2,950
Iowa/$3,518
South Carolina/$3,000
Washington/$4,500
Nebraska/$3,510


Worst states:
Wyoming/$3,995
North Dakota/$3,340
New York/$4,136
Indiana/$3,528
West Virginia/$3,263


New York, one of the worst states for retirees, was singled out because of the extreme disparity between health-care cost and quality, as Bloomberg explains…





“New York, No. 33 in the well-being ranking, was singled out by Caring.com for its extremes. The very high cost of the state’s health care doesn’t produce results close to commensurate with that spending, according to the report. While New York ranked 46th in cost (the lower the rank, the higher the cost), its life/health care quality rank was 34 (the lower the rank, the worse the quality). Massachusetts had a similar pattern; it ranked 49th in cost and 18th in quality. That’s reflective of a larger trend in the U.S.—high spending on health care isn’t translating into longer lives, as this interactive graphic demonstrates.”



Washington State and California do a better job of translating higher costs to better-quality care…





“Higher costs show more of a payoff in Washington state and California. Washington is 38th for cost and is the top state for quality of life and health care. California has a cost ranking of 36 and quality ranking of 3 (it’s tied with Oregon for quality).”



According to Bloomberg, the lighter the color, the higher the overall ranking of the state as a place to grow old.


The study was conducted by Caring.com, which ranked states on 13 categories, including quality, cost, and availability of health care for seniors. The study’s authors used a range of data sets, including Census data and proprietary data sets from AARP.






“The ranking, which drew on data from the U.S. Census, the insurer Genworth, AARP, the Commonwealth Fund, and Gallup-Healthways, among others, also factored in 150,000 consumer reviews from Caring.com’s database of facilities and care providers for seniors. The availability, quality, and cost of care for the elderly got greater attention in the report than some of the common measures used in retirement destination rankings.”



As Tim Sullivan, vice president at Caring.com, explains, the author’s decision to name the study “The Best States To Grow Old In” instead of “The Best States To Retire In” was meant to highlight an important distinction...





“One reason we call this report the best states to grow old, versus best states to retire, is because it’s really important for people to plan out their 60s, 70s, and 80s with as much care as they plan their retirement in their 30s, 40s, and 50s,” said Tim Sullivan, vice president at Caring.com. “Your needs change as you age, and they are not always going to be driven by the sort of leisure or amenities or weather considerations that are what a lot of people think about retirement.”



The report’s greatest utility, according to Bloomberg, is helping to spark a discussion about where millennials should plan on settling down for the long haul. Unfortunately, Utah is largely devoid of the amenities – like comprehensive public transportation and quality night life – that millennials covet. But affordable health care, low taxes and the state’s overall low cost of living make a compelling case for going without.

Tuesday, April 25, 2017

Washington D.C. To Hold Massive "Coordinated Terror Attack" Drill This Wednesday

April 26th is shaping up to be a busy day.


As we reported on Friday, that"s when Operation Gotham Shield, an exercise involving FEMA, Homeland Security and a myriad of law enforcement and military agencies and which simulates a nuclear bomb blast over Manhattan, is set to conclude.


Then, as we learned earlier, April 26 is also when the entire Senate will be briefed by Donald Trump and his four top defense and military officials on the situation in North Korea at the White House, an event which Reuters dubbed as "unusual."


April 26 is also when the USS Carl Vinson is expected to finally arrive off the coast of the Korean Penninsula.


Now, in a statement from the Metropolitan Washington Council of Governments, the regional association reports that "law enforcement officials and other first responders will participate in a full-scale exercise on April 26 designed to prepare for the possibility of a complex coordinated terror attack in the National Capital Region."


The statement adds that emergency managers who work together at the Metropolitan Washington Council of Governments (COG) planned the exercise to help protect residents by preparing for an attack involving multiple target locations and teams of perpetrators.


The exercise will be conducted across a widespread geographical area. According to the release, the regional exercise will be staged at six sites in the District of Columbia, suburban Maryland and Northern Virginia, and will involve hundreds of police, fire, and emergency medical service personnel and volunteer actors.


The locations include neighborhoods in the northeast and southeast quadrants of the District of Columbia, Prince George’s County, and Arlington and Fairfax Counties.  Residents in those neighborhoods will be notified ahead of time to expect the exercise.


According to Scott Boggs, Managing Director of Homeland Security and Public Safety at COG, “Law enforcement officials practice and exercise their skills on their own regularly because that’s the best way to ensure we are always ready to respond quickly and professionally. On April 26, we’ll go one step further and stage a very realistic emergency event involving multiple sites and actors posing as the casualties.  However, there is no reason for residents to be alarmed because the exercise will occur in a controlled environment.


The is scheduled to take place near or at George Mason University, and last from 8;30am until 4:30pm.


The statement also advises that the only media availability will be in a one hour block before the exercise, from 7:30am - 8:30am on April 26.


Full statement below (link).





Full-scale exercise focused on preparing for complex terror attacks to include National Capital Region first responders, emergency managers



Law enforcement officials and other first responders will participate in a full-scale exercise on April 26 designed to prepare for the possibility of a complex coordinated terror attack in the National Capital Region.



Emergency managers who work together at the Metropolitan Washington Council of Governments (COG) planned the exercise to help protect residents by preparing for an attack involving multiple target locations and teams of perpetrators.



The regional exercise will be staged at six sites in the District of Columbia, suburban Maryland and Northern Virginia, and will involve hundreds of police, fire, and emergency medical service personnel and volunteer actors. The locations include neighborhoods in the northeast and southeast quadrants of the District of Columbia, Prince George’s County, and Arlington and Fairfax Counties.  Residents in those neighborhoods will be notified ahead of time to expect the exercise.



“Law enforcement officials practice and exercise their skills on their own regularly because that’s the best way to ensure we are always ready to respond quickly and professionally,” said Scott Boggs, Managing Director of Homeland Security and Public Safety at COG. “On April 26, we’ll go one step further and stage a very realistic emergency event involving multiple sites and actors posing as the casualties.  However, there is no reason for residents to be alarmed because the exercise will occur in a controlled environment.”



MEDIA AVAILABILITY PRIOR TO EXERCISE ONLY (see details below)



WHEN: Wednesday April 26, 7:30 – 8:30 A.M.



WHERE: Maryland National Capital Park Police Headquarters, 8100 Corporate Drive, Hyattsville, MD 20785



Contact: Jeanne Saddler
Phone: (202) 962-3250
Email: jsaddler@mwcog.org



h/t: @stockboardasset

Wednesday, April 5, 2017

Visualizing How Much State Debt Rests On Your Shoulders?

How much state debt is there per person, and, as Visual Capitalist"s Jeff Desjardins asks, why is there such a wide discrepancy between states like Massachusetts ($11,000 per person) and Nebraska ($1,000 per person)?


THE SNOWBALL OF STATE DEBT


Today’s infographic from HowMuch.net, a cost information site, organizes states by debt per capita using a snowball-like effect.





The five states at the center of the snowball with the highest debt per capita are Massachusetts ($11,000), Connecticut ($9,200), Rhode Island ($8,900), Alaska ($8,200), and New Jersey ($7,400).


On the other end of the spectrum are the five states with the lowest state debt per capita: Tennessee ($900), Nebraska ($1,000), Nevada ($1,200), Georgia ($1,300), and Arkansas ($1,500).


While it is reasonable to expect big differences in debt per capita between countries, seeing an interstate difference of up to 10x per person seems a bit perplexing at face value. Let’s see if we can dig a little deeper on what accounts for these differences.


THE CURIOUS CASE OF MASSACHUSETTS


Currently, Massachusetts holds the title of the highest state debt per capita, as well as ranking #2 in terms of state debt as a percentage of GDP (14.0%). It’s also worth noting that debt analysts at S&P have recently lowered the outlook on state bonds from stable to negative.


Meanwhile, The Mercatus Center ranked Massachusetts in 49th place in their 2016 State Fiscal Rankings. (The only state to fare worse was Connecticut.)


Mercatus snapshot for Massachusetts


Like other old and urban states, Massachusetts requires significant investments to repair aging roads, schools, and other infrastructure. For many fiscal analysts, however, it is the gap in unfunded liabilities that is the long-term concern.


Forbes notes that unfunded liabilities from public pensions are probably the biggest fiscal problem facing state governments today, and Massachusetts is no exception. Unfunded liabilities in the state are pegged at $94.45 billion with other postemployment benefits (OPEB) at $15.38 billion, and eventually these are issues that will have to be dealt with.


HEALTHIER BUDGETS


What does a healthier state budget look like? The best examples can be found in the Midwest.


Here’s Nebraska, which has about $1,000 of debt per person:


Mercatus snapshot for Nebraska





Nebraska exhibits strong fiscal health across all categories. On a cash basis, Nebraska has between 3.81 and 5.02 times the cash needed to cover short-term liabilities. Revenues exceed expenses by 7 percent, producing a surplus of $294 per capita.



– Mercatus Center at George Mason University