Did Cocaine Fuel the Financial Bubble?

The controversial former drug tsar David Nutt told the London Sunday Times this weekend that cocaine-using bankers with their “culture of excitement and drive and more and more and more … got us into this terrible mess”.

Nutt, who was sacked for claiming that ecstasy was as safe as horse riding, told the Sunday Times that abuse of cocaine caused the financial meltdown.

“Bankers use cocaine and got us into this terrible mess,” he told the paper adding that the drug made them “overconfident” and led to them taking more risks. Nutt, who is professor of neuropsychopharmacology at Imperial College, claimed that cocaine was perfect for a banking “culture of excitement and drive and more and more and more. It is a ‘more’ drug”

There were also lots of stories about some of the big swingers in New York enjoying a line or 10 of an evening. Bernie Madoff’s office was apparently known as “the North Pole” such were the gargantuan quantities of “snow” to be found there and most bankers are aware of the published allegations that Jimmy Cayne (former CEO of Bear Stearns) had an anti-acid medication bottle that was filled with cocaine.

Scarface!!!!!!!!!!1Dr Chris Luke, an A&E specialist based at Cork University Hospital, Ireland, who has studied the effects of cocaine on bankers, has stated that “prominent figures in financial and political circles made irrational decisions as a result of megalomania brought on by cocaine usage”. He concludes that “people were making insane decisions and thinking they were 110% right … which led to the current chaos.”

Greed, selfishness, ignorance and ruthlessness also played their part, of course, but I think it would be foolish not to see the role that the drug played in creating the bubble.

Did cocaine use by bankers cause the global financial crisis? | Business | The Guardian.

Helicopter Cat

The Orvillecopter by Dutch artist Jansen flies in central Amsterdam as part as the KunstRAI art festivalDutch artist Bart Jansen (R) has found an unusual way paying his last respects to his pet cat Orville, who died after being hit by a car — he turned him into a helicopter, or a quadrocopter to be precise, with four rotors, each fitted to one outstretched paw. Jansen got help from a model airplane pilot, Arjen Beltmann (L), to mount the rotor blades in a way that ensures maximum flight stability.

via Photo Gallery of Cat Helicopter Constructed by Artist Bart Jansen – SPIEGEL ONLINE – International.

More Baby Talk = More IQ

Children whose families were on welfare heard about 600 words per hour. Working-class children heard 1,200 words per hour, and children from professional families heard 2,100 words. By age 3, a poor child would have heard 30 million fewer words in his home environment than a child from a professional family. And the disparity mattered: the greater the number of words children heard from their parents or caregivers before they were 3, the higher their IQ and the better they did in school. TV talk not only didn’t help, it was detrimental.

Hart and Risley later wrote that children’s level of language development starts to level off when it matches that of their parents — so a language deficit is passed down through generations. They found that parents talk much more to girls than to boys (perhaps because girls are more sociable, or because it is Mom who does most of the care, and parents talk more to children of their gender). This might explain why young, poor boys have particular trouble in school. And they argued that the disparities in word usage correlated so closely with academic success that kids born to families on welfare do worse than professional-class children entirely because their parents talk to them less. In other words, if everyone talked to their young children the same amount, there would be no racial or socioeconomic gap at all. (Some other researchers say that while word count is extremely important, it can’t be the only factor.)

via The Power of Talking to Your Baby – NYTimes.com.

World’s Tallest Palm Trees

Wax PalmsColombia’s lush Cocora Valley, part of Los Nevados National Park, is the principal home for the country’s national tree, the palma de cera, or wax palm. The lanky tree is the world’s tallest palm tree, reaching up to 200 feet tall. Photograph by Alex Treadway

via Cocora Valley, Colombia — Travel 365 — National Geographic.

How Vaccines Have Changed Our World

The data in this graphic come from the web site of the Centers for Disease Control & Prevention, but a graphic designer in Purchase, N.Y., named Leon Farrant has created a graphic that drives home what the data mean.

Below is a look at the past morbidity (how many people became sick) of what were once very common infectious diseases, and the current morbidity in the U.S.

Print

via How Vaccines Have Changed Our World In One Graphic – Forbes.

When Enlightenment Meets Science

The veteran meditators in the MRI could do each of the resting states perfectly, but when it came to creating a contrasting condition, they were helpless. They had lost the ability to “let their minds wander” because they had long ago shed the habit of entertaining discursive narrative thoughts. They no longer worried about how their hair looked, or their to-do lists, or whether people thought they were annoying. Their minds were largely quiet. When thoughts did come – and they did still come – these subjects reported that the thoughts had a different quality, an unfixated quality. The thought “This MRI machine is extremely loud” might arise, but it would quickly evaporate. Thoughts seemed to emerge as-needed in response to different situations and would then disappear crisply into the clear backdrop of consciousness. In other words, these practitioners were always meditating.

This turned out to be the least dramatic of Vago’s discoveries. With the two most experienced meditators, something even more surprising happened, something that, to the knowledge of the investigators involved, had never before been captured on any kind of brain imaging technology.

Lying on their padded gurneys in the center of the humming MRI in this famous research hospital in the heart of East Boston and Harvard Medical School, each of the two research subjects suddenly … disappeared.

Har-Prakash Khalsa, a 52-year old Canadian mail carrier and yoga teacher – and one of the veterans to whom this happened – describes his experience:

“It’s a kind of pressure or momentum. I was in one of the rest states, and as I let go of it, I felt myself heading into a much bigger dissolution – a bigger ‘gone’ as Shinzen would call it. It felt impossible to resist.  My mind, body and world just collapsed.”

A few moments later – blinking, refreshed, reformatted – Har-Prakash returned to consciousness, not at all sure how he was to supposed to fit this experience into the research protocol. He couldn’t indicate it with a button press even if he wanted to: there was no one present to press the button.

This wasn’t rest – it was annihilation.

via Understanding Enlightenment Could Change Science – Psychology TomorrowPsychology Tomorrow Magazine.

Solar Panel Breakthrough

A novel fabrication technique developed by a University of Connecticut engineering professor could provide the breakthrough technology scientists have been looking for to vastly improve the efficiency of today’s solar energy systems.

Silicon solar panels have a single band gap which, loosely speaking, allows the panel to convert electromagnetic radiation efficiently at only one small portion of the solar spectrum. The rectenna devices don’t rely on a band gap and may be tuned to harvest light over the whole solar spectrum, creating maximum efficiency.

The nano-antennas – known as “rectennas” because of their ability to both absorb and rectify solar energy from alternating current to direct current – must be capable of operating at the speed of visible light and be built in such a way that their core pair of electrodes is a mere 1 or 2 nanometers apart, a distance of approximately one millionth of a millimeter, or 30,000 times smaller than the diameter of human hair.

The potential breakthrough lies in a novel fabrication process called selective area atomic layer deposition (ALD) that was developed by Brian Willis, an associate professor of chemical and biomolecular engineering at the University of Connecticut and the former director of UConn’s Chemical Engineering Program.

The atomic layer deposition process is favored by science and industry because it is simple, easily reproducible, and scalable for mass production. Willis says the chemical process is particularly applicable for precise, homogenous coatings for nanostructures, nanowires, nanotubes, and for use in the next generation of high-performing semi-conductors and transistors.

“Until the advent of selective atomic layer deposition (ALD), it has not been possible to fabricate practical and reproducible rectenna arrays that can harness solar energy from the infrared through the visible

Read more at: http://phys.org/news/2013-02-patented-fabrication-technique-key-solar.html#jCp

“Until the advent of selective atomic layer deposition (ALD), it has not been possible to fabricate practical and reproducible rectenna arrays that can harness solar energy from the infrared through the visible

Read more at: http://phys.org/news/2013-02-patented-fabrication-technique-key-solar.html#jCp

Silicon solar panels, by comparison, have a single band gap which, loosely speaking, allows the panel to convert electromagnetic radiation efficiently at only one small portion of the solar spectrum. The rectenna devices don’t rely on a band gap and may be tuned to harvest light over the whole solar spectrum, creating maximum efficiency.

Read more at: http://phys.org/news/2013-02-patented-fabrication-technique-key-solar.html#jCp

Silicon solar panels, by comparison, have a single band gap which, loosely speaking, allows the panel to convert electromagnetic radiation efficiently at only one small portion of the solar spectrum. The rectenna devices don’t rely on a band gap and may be tuned to harvest light over the whole solar spectrum, creating maximum efficiency.

Read more at: http://phys.org/news/2013-02-patented-fabrication-technique-key-solar.html#jCp

Silicon solar panels, by comparison, have a single band gap which, loosely speaking, allows the panel to convert electromagnetic radiation efficiently at only one small portion of the solar spectrum. The rectenna devices don’t rely on a band gap and may be tuned to harvest light over the whole solar spectrum, creating maximum efficiency.

Read more at: http://phys.org/news/2013-02-patented-fabrication-technique-key-solar.html#jCp

Silicon solar panels, by comparison, have a single band gap which, loosely speaking, allows the panel to convert electromagnetic radiation efficiently at only one small portion of the solar spectrum. The rectenna devices don’t rely on a band gap and may be tuned to harvest light over the whole solar spectrum, creating maximum efficiency.

Read more at: http://phys.org/news/2013-02-patented-fabrication-technique-key-solar.html#jCp

Silicon solar panels, by comparison, have a single band gap which, loosely speaking, allows the panel to convert electromagnetic radiation efficiently at only one small portion of the solar spectrum. The rectenna devices don’t rely on a band gap and may be tuned to harvest light over the whole solar spectrum, creating maximum efficiency.

Read more at: http://phys.org/news/2013-02-patented-fabrication-technique-key-solar.html#jCp

via New patented fabrication technique key to new solar power technology.

We Took Out Neanderthal With Our Arrows

Archaeologists excavating a cave on the southern coast of South Africa have recovered remains of the oldest known complex* projectile weapons. The tiny stone blades, which were probably affixed to wooden shafts for use as arrows, date to 71,000 years ago.

neanderthal1To craft the stone points, the people at PP5-6 first had to locate and collect a specific type of stone called silcrete. They then had to gather wood and transport it to a designated spot to build a fire to treat the stone, heating it to just the right temperature to make it easier to shape. After carefully chipping away at the rock to form tiny, sharp blades, they made mounts for the blades from wood or bone, and joined the stone to the mounts with mastic to create composite tools in the form of arrows or darts.

Brown and his collaborators conclude by noting that this projectile technology, which allows one to attack from a safe distance, would have given modern humans a significant edge during hunting and interpersonal conflict as they spread out of Africa into Europe and encountered the resident Neanderthal equipped with handheld spears. McBrearty agrees, writing, “if they were armed with the bow and arrow, they would have been more than a match for anything or anyone they met.”

via Oldest Arrowheads Hint at How Modern Humans Overtook Neandertals | Observations, Scientific American Blog Network.