Eric’s Enlightenment for Tuesday, June 2, 2015

  1. How Lucas Duplan raised $30 million for his start-up, Clinkle, and lost almost its entire executive team (including Chi-Chao Chang) and most of its staff – a very detailed account.
  2. Peter Brown writes a nice chronicle of Fermat’s Last Theorem and how Andrew Wiles’ proof for it almost collapsed (but ultimately prevailed).
  3. Following her recent blog post on the changing dynamics between economists and the media in Canada, Frances Woolley provides 4 suggestions for journalists to improve their coverage of economics in the media.  As always when you read Worthwhile Canadian Initiative, read the comments – this is the most respectful and productive comments community in the econoblogosphere that I have encountered.
  4. Some very important and practical applications of hydrogels: contact lenses, insulin delivery for diabetics, and reconstructive tissue.
  5. The Big Bang Theory (the TV show) has started a scholarship endowment fund for STEM students at UCLA!

Opening Doors In Your Job Search With Statistics & Data Analysis – Guest Blogging on Simon Fraser University’s Career Services Informer

The following post was originally published on the Career Services Informer.

Who are the potential customers that a company needs to target in its marketing campaign for a new service? What factors cause defects in a manufacturer’s production process? What impact does a wage-subsidy program have on alleviating poverty in a low-income neighbourhood? Despite the lack of any suggestion about numbers or data in any of these questions, statistics is increasingly playing a bigger – if not the biggest – role in answering them. These are also problems your next employer may need you to adress. How will you tackle them?

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The information economy of the 21st century demands us to adapt to its emphasis on extracting insight from data – and data are exploding in size and complexity in all industries. As you transition from the classroom to the workplace in a tough job market, becoming proficient in basic statistics and data analysis will give you an edge in fields that involve working with information. This applies especially to STEM (science, technology, engineering, and mathematics) and business, but it also applies to health care, governmental affairs, and the social sciences. Even fields like law and the arts are relying on data for making key decisions.

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