A few of weeks ago, former tax accounting
professor Will Yancey visited our cottage
on the way home from a Dartmouth College reunion.
Will and his wife built a beautiful new home on an ocean point overlooking
Acadia National Park
I took Will part way up
Cannon Mountain about 10 miles from our cottage
It was shortly after sunrise near where the tram takes skiers to the top of
Cannon Mountain
Part way up Cannon Mountain there are two lakes in
Franconia Notch State Park
Note that Will has an expensive camera and is a better photographer than me.
Here are Will's pictures of
Echo Lake inside the Notch
Lafayette
and Lincoln Mountains are to the left across the Notch
This is another shot of Echo Lake not taken
by Will.
This one shows where I93 passes beside Echo Lake in the Notch
There is an Alpine Lodge in Mittersill
This is a portion of the Omega climbing
route up Cannon Mountain
Near Echo Lake is the tiny (no stores)
alpine village of
Mittersill
that has a chair lift to the top of the mountain
Will Yancey took a picture from Mittersill back toward our cottage across the
Gale River valley
This was in late autumn and all the colorful leaves were off the trees
Vermont is only a short way off in this direction (west)
Our tiny village of Sugar Hill is hidden behind the Sunset Hill ridge and is not
visible from our cottage
Our cottage is a mere white dot in this photograph taken by Will from Mittersill
The above shot was zoomed quite a lot.
Here's how it looked to the naked eye when looking out toward Vermont from
Mittersill.
The front side of the Sunset Hill House just
down the road from our cottage
This is a shot from our front lawn earlier
in the fall when there was still some color
Looking out to the east toward Mittersill that we can see lit up at night
We can also see skiers (as tiny dots) coming down a few of Cannon's many ski
trails
Here's how it looked behind the cottage
looking across the golf course toward Vermont
Lafayette and Lincoln mountains do not yet
in 2009 have quite this much snow,
But this is how they looked just before Thanksgiving last year.
The white trails on Cannon Mountain are ski trails
We had a very long skiing season last year
The bright light is the reflection of camera flash that marks
the start if the Franconia Notch mountain pass between Lafayette and Cannon
Here are a few humor shots of the week
A nice way to grow old as the best of
friends and years of marriage
(looks a little like Warren Buffett but I don't know this happy old couple)
Centrum Silver Strip Poker Advertisement ---
Click Here
They Just Don't Look Good Naked Anymore ---
http://www.youtube.com/watch?v=3_6I50oXAVM
Thanksgiving
---
http://www.cpmsglife2.org/MSG/Pres/td/td1.html
The Farmers by Artist Robert Duncan (Slide Show) ---
http://www.cs.trinity.edu/~rjensen/temp/Farmers.pps
Now in Another Tidbits Document
Political Quotations Between November 11-17,
2009
To Accompany the November 17, 2009 edition of Tidbits
http://www.trinity.edu/rjensen/tidbits/2009/tidbits091117Quotations.htm
U.S. Debt/Deficit Clock ---
http://www.usdebtclock.org/
Bob Jensen's health care messaging updates ---
http://www.trinity.edu/rjensen/Health.htm
Tidbits on November 17, 2009
Bob Jensen
For earlier editions of Tidbits go to
http://www.trinity.edu/rjensen/TidbitsDirectory.htm
For earlier editions of New Bookmarks go to
http://www.trinity.edu/rjensen/bookurl.htm
Click here to search Bob Jensen's web site if you have key words to enter ---
Search Site.
For example if you want to know what Jensen documents have the term "Enron"
enter the phrase Jensen AND Enron. Another search engine that covers Trinity and
other universities is at
http://www.searchedu.com/.
Bob Jensen's past presentations and lectures
---
http://www.trinity.edu/rjensen/resume.htm#Presentations
Bob Jensen's Threads ---
http://www.trinity.edu/rjensen/threads.htm
Bob Jensen's Home Page is at
http://www.trinity.edu/rjensen/
CPA
Examination ---
http://en.wikipedia.org/wiki/Cpa_examination
Cool Search Engines That Are Not
Google ---
http://www.wired.com/epicenter/2009/06/coolsearchengines
World Clock and World Facts ---
http://www.poodwaddle.com/worldclock.swf
U.S. Debt/Deficit Clock ---
http://www.usdebtclock.org/
Free Residential and Business Telephone Directory (you must listen to an
opening advertisement) --- dial 800-FREE411 or 800-373-3411
Free Online Telephone Directory ---
http://snipurl.com/411directory [www_public-records-now_com]
Free online 800 telephone numbers ---
http://www.tollfree.att.net/tf.html
Google Free Business Phone Directory --- 800-goog411
To find names addresses from listed phone numbers, go to
www.google.com and read in the phone number without spaces, dashes, or
parens
Daily News Sites for Accountancy, Tax, Fraud, IFRS, XBRL, Accounting
History, and More ---
http://www.trinity.edu/rjensen/AccountingNews.htm
Cool Search Engines That Are Not
Google ---
http://www.wired.com/epicenter/2009/06/coolsearchengines
Bob Jensen's search helpers ---
http://www.trinity.edu/rjensen/Searchh.htm
Education Technology Search ---
http://www.trinity.edu/rjensen/000aaa/0000start.htm
Distance Education Search ---
http://www.trinity.edu/rjensen/crossborder.htm
Search for Listservs, Blogs, and Social Networks ---
http://www.trinity.edu/rjensen/ListservRoles.htm
Bob Jensen's essay on the financial crisis bailout's aftermath and an alphabet soup of
appendices can be found at
http://www.trinity.edu/rjensen/2008Bailout.htm
Free Online Textbooks, Videos, and Tutorials ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm#Textbooks
Free Tutorials in Various Disciplines ---
http://www.trinity.edu/rjensen/Bookbob2.htm#Tutorials
Edutainment and Learning Games ---
http://www.trinity.edu/rjensen/000aaa/thetools.htm#Edutainment
Open Sharing Courses ---
http://www.trinity.edu/rjensen/000aaa/updateee.htm#OKI
The Master List of Free
Online College Courses ---
http://universitiesandcolleges.org/
For earlier editions of Tidbits go to
http://www.trinity.edu/rjensen/tidbitsdirectory.htm
For earlier editions of New
Bookmarks go to
http://www.trinity.edu/rjensen/bookurl.htm
On May 14, 2006 I retired from Trinity University after a long
and wonderful career as an accounting professor in four universities. I was
generously granted "Emeritus" status by the Trustees of Trinity University. My
wife and I now live in a cottage in the White Mountains of New Hampshire ---
http://www.trinity.edu/rjensen/NHcottage/NHcottage.htm
Bob Jensen's blogs and various threads on many topics ---
http://www.trinity.edu/rjensen/threads.htm
(Also scroll down to the table at
http://www.trinity.edu/rjensen/ )
Global Incident Map ---
http://www.globalincidentmap.com/home.php
If you want to help our badly injured troops, please check out
Valour-IT: Voice-Activated Laptops for Our Injured Troops ---
http://www.valour-it.blogspot.com/
Free Online Textbooks, Videos, and Tutorials ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm#Textbooks
Free Tutorials in Various Disciplines ---
http://www.trinity.edu/rjensen/Bookbob2.htm#Tutorials
Edutainment and Learning Games ---
http://www.trinity.edu/rjensen/000aaa/thetools.htm#Edutainment
Open Sharing Courses ---
http://www.trinity.edu/rjensen/000aaa/updateee.htm#OKI
Online Video, Slide Shows, and Audio
In the past I've provided links to various types of music and video available
free on the Web.
I created a page that summarizes those various links ---
http://www.trinity.edu/rjensen/music.htm
Thanksgiving ---
http://www.cpmsglife2.org/MSG/Pres/td/td1.html
NOTICE THAT THIS IS FROM CNN, NOT FOX!!!
CNN video on the proposed change in immigration laws
http://d.yimg.com/kq/groups/17260182/1610997888/name/ftc-vi26..wmv
IOUSA (the most frightening movie in
American history) ---
(see a 30-minute version of the documentary at
www.iousathemovie.com
)
Harvard Stem Cell Institute ---
http://www.hsci.harvard.edu/
NASA: Interactive Features [Flash Player]
http://www.nasa.gov/multimedia/mmgallery/features_archive_1.html
Hidden Histories of Exploration [Flash
Player]
http://hiddenhistories.rgs.org/
Statler Brothers with Burma Shave Road Signs Video ---
http://oldfortyfives.com/DYRT.htm
Video Special This Week
---
http://useloos.com/mediaplayer/?itemid=8715
Amazing Nature (I mean really amazing):
Birth of a Baby Elephant
Especially note what the
mother does when her newborn appears to be dead on the floor!
Amidst the budget cutting crises in
California, English, history, math, and other really important courses are being
cut in colleges throughout California. And students are being denied admission
because of cutbacks in course offerings. Accordingly we must seriously question
the need for adding a position at the University of Santa Cruz for archiving the
works of The Grateful Dead rock band.
Here's John Stewart's Comedy Central video on this Grateful Dead archivist job:
"Jon Stewart on the Job Posting for a Dead Archivist," Chronicle of Higher
Education, November 12, 2009 ---
Click Here
http://chronicle.com/blogPost/Jon-Stewart-on-the-Job-Posting/8829/?sid=at&utm_source=at&utm_medium=en
Free music downloads ---
http://www.trinity.edu/rjensen/music.htm
Statler Brothers with Burma Shave Road Signs
Video ---
http://oldfortyfives.com/DYRT.htm
Christmas With a Capital "C" ---
http://www.youtube.com/watch?v=IAckfn8yiAQ
Web outfits like
Pandora, Foneshow, Stitcher, and Slacker broadcast portable and mobile content
that makes Sirius look overpriced and stodgy ---
http://www.businessweek.com/technology/content/mar2009/tc20090327_877363.htm?link_position=link2
Hafez Nazeri: From Iran, Music Beyond Politics
---
http://www.npr.org/templates/story/story.php?storyId=120397164
Meshell Ndegeocello Puts Life In Rhythm ---
http://www.npr.org/templates/story/story.php?storyId=114237531
TheRadio (my favorite commercial-free
online music site) ---
http://www.theradio.com/
Slacker (my second-favorite commercial-free online music site) ---
http://www.slacker.com/
Gerald Trites likes this
international radio site ---
http://www.e-radio.gr/
Songza:
Search for a song or band and play the selection ---
http://songza.com/
Also try Jango ---
http://www.jango.com/?r=342376581
Sometimes this old guy prefers the jukebox era (just let it play through) ---
http://www.tropicalglen.com/
And I listen quite often to Soldiers Radio Live ---
http://www.army.mil/fieldband/pages/listening/bandstand.html
Also note U.S. Army Band recordings
---
http://bands.army.mil/music/default.asp
Bob Jensen listens to music free online (and no commercials)
---
http://www.slacker.com/
Photographs and Art
Saturn Is Beautiful ---
http://www.technologyreview.com/blog/post.aspx?bid=358&bpid=24383&nlid=2503
Langston Hughes Papers and Photographs ---
http://beinecke.library.yale.edu/digitallibrary/hughes.ht
In & Out of Amsterdam: Travels in Conceptual Art,
1960-1976
http://www.moma.org/interactives/exhibitions/2009/inandout/
Night Falls on Hong Kong
Paula writes: Place your cursor at the top of the
photo. You will notice it is 6:10 PM. Bring the mouse down slowly over the photo
without pressing the button on the mouse. Do not right or left click. Night time
appears, the lights come on, and at 7:40 PM, it's dark! Photo Technology at its
best! Please take about 10 to 15 full seconds to really see this.
Click below:
http://61226.com/share/hk.swf
NASA: Interactive Features [Flash Player]
http://www.nasa.gov/multimedia/mmgallery/features_archive_1.html
Public Art In the Bronx ---
http://www.lehman.edu/vpadvance/artgallery/publicart/index.html
Louis Braille: His Legacy and Influence
on the blind [Flash Player]
http://myloc.gov/Exhibitions/braille/Pages/Default.aspx
Animate Projects [Art and Animation] ---
http://www.animateprojects.org/home
Art & Architecture ---
http://www.artandarchitecture.org.uk/
With enough poking around you can find
portraits of Oswald posing with his rifle, picnicking and drinking from tiny
bottles with a lady friend, and even lying dead in a morgue. There's even one
shot of strippers from Jack Ruby's club . . "U. of
North Texas Catalogs the Photos of the JFK Investigation You Haven't Seen,"
Chronicle of Higher Education, November 13, 2009 ---
Click Here
The Portal to Texas History at the UNT ---
http://texashistory.unt.edu/
Bob Jensen's threads on history, literature and art ---
http://www.trinity.edu/rjensen/Bookbob2.htm#History
Online Books, Poems, References, and Other Literature
In the past I've provided links to various
types electronic literature available free on the Web.
I created a page that summarizes those various links ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm
Louis Braille: His Legacy and Influence
on the blind [Flash Player]
http://myloc.gov/Exhibitions/braille/Pages/Default.aspx
In Transition: Selected Poems by the Baroness Elsa von Freytag-
Loringhoven
http://www.lib.umd.edu/digital/transition/index.jsp
Vincent Van Gogh: The Letters ---
http://www.vangoghletters.org/vg/
Sanora Babb, Stories from the American High Plains [Flash
Player]
http://www.hrc.utexas.edu/exhibitions/web/babb/
Langston Hughes Papers and Photographs ---
http://beinecke.library.yale.edu/digitallibrary/hughes.ht
Free Online Textbooks, Videos, and Tutorials ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm#Textbooks
Free Tutorials in Various Disciplines ---
http://www.trinity.edu/rjensen/Bookbob2.htm#Tutorials
Edutainment and Learning Games ---
http://www.trinity.edu/rjensen/000aaa/thetools.htm#Edutainment
Open Sharing Courses ---
http://www.trinity.edu/rjensen/000aaa/updateee.htm#OKI
Now in Another Tidbits Document
Political Quotations Between November 11-17,
2009
To Accompany the November 17, 2009 edition of Tidbits
http://www.trinity.edu/rjensen/tidbits/2009/tidbits091117Quotations.htm
U.S. Debt/Deficit Clock ---
http://www.usdebtclock.org/
Bob Jensen's health care messaging updates ---
http://www.trinity.edu/rjensen/Health.htm
Question
What is Japan's hottest car company?
Hint:
The company only makes all-wheel drive vehicles with continuously variable
transmissions and unique boxer engines.
I love our new car, the first new car I ever purchased in lifetime (thanks to
Cash for Clunkers)
"Subaru: Japan's Hottest Car Company: As rivals watch their U.S. sales
slide, Fuji Heavy Industries' Subaru is heading for a record year ," by Ian
Rowley, Business Week, November 11, 2009 ---
http://www.businessweek.com/globalbiz/content/nov2009/gb20091111_789023.htm?link_position=link11
Here's our new Subaru Forrester.
Questions
After testing seven of the most popular e-book readers to date, what did PC
World magazine was their top choice to purchase (if you could only have one
reader)?
What in the world justifies this unsuspected choice?
"The Best of Today's E-Book Readers: The number of high-quality
e-readers available is mushrooming. We tested seven and gave our highest marks
to one that might surprise you," by Yardena Arar, PC World via The
Washington Post, November 6, 2009 ---
Click Here
If you think the universe of e-book readers begins
with the Kindle 2 and ends with the Kindle DX, think again. That universe is
expanding rapidly. We recently completed thorough hands-on testing of seven
of the top e-readers available today and came to a surprising conclusion:
Our number one choice isn't from Amazon at
all; it's the Sony Reader Touch Edition.
Sony's $300 reader matches the Kindle 2's screen
size and quality but adds a touchscreen and support for free e-books and
Adobe ePub, an e-book file format that book publishers and resellers have
widely embraced. Whereas Adobe's PDF reproduces a fixed image of a page,
ePub permits text to reflow in order to accommodate different fonts and font
sizes.Certainly the wireless connectivity in Amazon's Kindle models makes
buying new books a breeze, but to this point Amazon's readers support only
Amazon's format, locking you into buying exclusively from the online giant.
Of course, no company's
lead in the rapidly evolving e-reader market is safe. Barnes & Noble looks
to be one of Amazon's chief competitors. The giant bookseller announced its
Nook e-reader last month, and most people who got
a peek at the device
seemed to love it. The Nook isn't yet available
for thorough testing, however.
E-books have numerous benefits. Eliminating paper
saves resources. E-book readers take up little room in travelers' backpacks
and purses, and yet can store the equivalent of a whole bookshelf. You don't
have to go anywhere to buy or borrow an e-book title. For the
vision-impaired, the ability to adjust font size can mean the difference
between being able to read a book and having to hope that the publisher will
eventually release an audio version. Some e-book readers double as music
players, and some even have a speech capability for reading books aloud.
Unfortunately, the world of e-books is Balkanized,
with multiple incompatible file formats and digital rights management (DRM)
technologies, and devices with varying support for both. Books in the public
domain are widely available in PDF and other standard formats. But
copyrighted material is another story. Amazon's current Kindles can obtain
commercial e-books in Amazon's AZW file format via wireless download only in
the United States (in early October, however, the company announced a Kindle
capable of downloading content in most countries).
Adobe offers a DRM technology called Adobe Content
Server 4. Sony and a number of other online bookstores--most notably
Borders--sell commercial titles in ePub/ACS4 format, and some libraries let
patrons check out ePub books. As of early October, 17 e-book readers
supported ePub and ACS4, making that combination the closest thing the
industry has to a standard for DRM-protected books. Aside from the Amazon
Kindles and Foxit's eSlick, all of the e-book readers in this collection of
reviews support ePub/ACS4.
We compiled a comparison
chart of the five highest-ranking e-readers at the conclusion of our
evaluations. For the details, see our
Top 5 E-Book Readers chart. And for individual
reviews of the seven e-readers we put through their paces ---
http://www.pcworld.com/reviews/collection/1985/.html .
Jensen Comment
Today, November 6, 2009, the comparison buttons would not work for me.
"Amazon Kindle for PC E-Book Software: This highly usable e-book
reader for the PC shows off the Kindle platform well, even though it lacks some
niceties found in its iPhone cousin and in Kindle hardware," PC World
via The Washington Post, November 12, 2009 ---
Click Here
Amazon's Kindle family gained a new member today
with the arrival of the free Amazon Kindle for PC reader app. And while I'm
not a big fan of reading books on computer displays, I have to admit that
Kindle for PC handles the basics of its job well. But it lacks a few
features--most significantly the ability to create your own notes--found not
just in Kindle hardware but also in the Kindle for iPhone app.
A 5.3MB download, Kindle for PC installs in a
jiffy. After you log in to your account, it presents a home screen with
options to look at your archived items or to shop at the Kindle store (the
latter simply opens a Web browser window to Amazon.com's Kindle home page).
Books appear as color thumbnails, sortable by author or title. It was nice
to see the book covers in color for a change (the Kindle iPhone app does
this, too).
The Menu button on the far right brings up an
option for changing the account registration info; the app does not support
registration of multiple accounts. You'll also find a command to sync and
check for new items purchased in the Kindle store, which do not
automatically appear with your archived items.
You must click on a book in the list of archived
content to download it and bring up the reading interface. The first time
you do so, a little pop-up graphic shows how to turn pages: You can use
either your PC's arrow keys (pressing the down or right arrow moves a page
forward, and pushing the up or left arrow goes back, just as I expected) or
the scroll wheel of your mouse. Pages on the PC looked good and crisp.
Clicking the font icon on top gives you ten font sizes to choose from--plus,
you can also set the page width with a slider, a nice feature you don't get
in any other Kindle hardware or software. On the far top right, an icon
labeled 'Show Notes & Marks' produces a pane for annotations and bookmarks.
Another button lets you set bookmarks, and a 'Go To' button produces a menu
for navigating to the cover (enlarged, and again in lovely color), the table
of contents, the beginning of the book, or a specific location.
Also in the Go To menu is the 'Sync to Furthest
Page Read' command, which you use when you've been reading a book on another
Kindle registered to your account (or on the Kindle for iPhone app) and you
want to pick up where you left off. This feature worked smoothly when I
tried it, and it could be a huge convenience for people who wish to move
seamlessly among devices. Kindle for PC also syncs bookmarks and
annotations, but you don't have to create a bookmark for it to note the
location you leave off reading on the PC: Whispernet automatically provides
this info to other devices on demand through similar sync commands.
For Whispernet synchronization to work, however,
you must keep it turned on in your account settings on the Amazon site (it's
on by default)--and, of course, you must turn on the wireless support on
your Kindle devices. The option of turning sync on or off is useful, because
if more than one person is reading a book registered to a single account at
the same time, they probably don't want to use one another's bookmarks. But
if you're the only account user, turning sync on lets you pick up reading on
any Kindle device or application.
Kindle for PC, by the way, does not support the
creation of annotations; this seems a bit odd considering that the iPhone
app supports not only note creation but also the application of highlights
to text. Kindle for PC also lacks search capability, although a Future
Improvements item in the menu says that Amazon plans to add both annotation
and search support.
The only somewhat unintuitive aspect of the
interface is the Back button in the reading screen: I thought that clicking
it would turn the book a page back, but the button turns out to be inactive
unless you've used one of the Go To navigation options, in which case
clicking Back returns you to wherever you were before you jumped around.
At the bottom of the page, you get your current
location range in the center, your percentage of progress through the book
on the left, and the total number of locations on the right (the e-book
equivalent of the number of pages in print). Clicking the Home button at the
top of the page returns you to a list of books you've opened on the PC (you
must click the Archived Items button to see your entire collection).
And that's pretty much the entire application.
Kindle for PC is simple and intuitive, and if you don't mind reading on a
backlit screen or doing without annotation features, it offers a cheap way
to get going with the Kindle store.
Bob Jensen's threads on the history of e-book readers is at
http://www.trinity.edu/rjensen/ebooks.htm
Bob Jensen's links to free books, poems, and textbooks ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm
Bob Jensen's threads to open sharing courses, tutorials, and videos from
prestigious universities ---
http://www.trinity.edu/rjensen/000aaa/updateee.htm#OKI
"Spike in Social Media Malware, Phishing Attacks," by Brian Krebs,
The Washington Post, November 5, 2009 ---
http://voices.washingtonpost.com/securityfix/2009/11/spike_in_social_media_malware.html?wprss=securityfix
E-mail scams targeting users of social media sites
like Twitter and Facebook are blurring the lines between traditional
phishing attacks and those designed to plant password-stealing malicious
software on the victim's PC.
For the past week, scammers have been blasting out
e-mails that at first glance appear to be run-of-the-mill phishing scams
aimed at stealing user names and passwords from Facebook users. The messages
urge recipients to "update" their information by clicking a provided link
and entering their Facebook user name and password at a counterfeit Facebook
login page.
Facebook users who fall for the ruse are "logged
in" to the fake Facebook page and then prompted to install a "Facebook
Update Tool," which is in fact a copy of the
Zeus password stealing Trojan.
A
study released in October found that 54 percent of
U.S. companies have banned workers from using social networking sites. The
author of that survey cites the impact that social media sites can have on
worker productivity, but a growing number of businesses are becoming attuned
to the potential for these sites to introduce malware into corporate
networks, said Rohyt Belani, chief executive of
Intrepidus Group, a security consulting firm in New York City.
"When you click a link in a phishing [e-mail] it
could be a regular phishing site or it might lead to malware," Belani said.
"Companies are being forced to train employees to help protect their
networks."
Intrepidus offers the
Phishme
service, which helps companies test how susceptible
their employees are to phishing attacks by sending workers mock phishing
e-mails and then recording how many employees take the bait. Employees that
fail the test are immediately presented with training materials to help them
better spot a phishing scam the next time around.
Intrepidus customers have tried to phish roughly
100,000 employees using social media sites as bait, and so far the initial
results are not good: 61 percent of employees clicked links included in mock
phishing attacks that spoofed Facebook, LinkedIn and Twitter.
Intrepidus found that on average only 18 percent of
employees who fell for the initial phishing test were vulnerable in
follow-up tests.
Figures released by Microsoft this
week about cyber crime trends in the first half of this year also suggest
that Internet users are far more susceptible to phishing and malware scams
that use social media sites as a lure. Using the phish filter in its
Internet Explorer 7 and 8 Web browsers, Microsoft can track phishing
"impressions," or how many times people click through to a known phishing
Web site. According to Redmond, May and June saw a massive increase in the
number of people clicking through to phishing sites.
Continued in article (the graphic does indeed show a huge spike)
Bob Jensen's threads on phishing and malware (I've been victimized by a
so-called network security vendor) ---
http://www.trinity.edu/rjensen/ecommerce/000start.htm
Bob Jensen's threads on social networking ---
http://www.trinity.edu/rjensen/ListservRoles.htm
Chicago State University: More Money + Less Accountability =
Lousy Outcomes
"A Real-Life Lesson in Why Accountability Matters By Goldie Blumenstyk,
Chronicle of Higher Education, November 8, 2009 ---
Click Here
When you don't have much money, sometimes the
difference between staying in college and dropping out really is a bus fare
to campus. Or a library that doesn't close too early. Or a registration
process that doesn't cost you days away from your job.
So it's heartening to hear from students here at
Chicago State University, most of whom come from the poor South Side
communities nearby, and are also juggling family responsibilities and jobs
they can't afford to give up, that they appreciate changes a new
administration has finally brought to this campus.
A dormitory so rundown that one student said it
"was almost like living in a project building" has been repaired. Course
calendars have been prepared for semesters beyond the current one, so
students can better plan to complete their degrees. There's even a new
shuttle service that takes students directly to the campus from a subway
stop several dicey blocks away.
"The grass is green, the trees are trimmed, and the
garbage is off the ground," was the proud assessment from Levon James Jr., a
junior, as he walked me through the library, student union, and other
landmarks of the 160-acre campus recently.
In neglected urban neighborhoods, the "broken
windows" theory says, simple things like picking up the trash and washing
away graffiti can help reverse the decline.
Now, with what might be considered the
higher-education equivalent—visible improvements like streamlining
registration and giving students a safe and quiet place to study by keeping
the library open until midnight—Wayne D. Watson, the new president, is
looking to kick-start the same effect here, at one of the country's most
troubled urban universities.
Mr. Watson, former chancellor of the City Colleges
of Chicago, is no stranger to the bureaucracies of higher education nor to
the Byzantine politics of the predominantly black South Side, and of
Illinois. Passionate and charismatic, he's taken some jabs from professors
and the local press who question whether his status as a City Hall insider
landed him the job. But judging by the many warm hugs and hellos that came
his way as we walked across the campus—some from students who knew him at
City Colleges and have now transferred here—there's an abundance of support,
or perhaps hope, mixed in with the rancor.
Still, he's got his work cut out for him.
Years of mismanagement by prior administrations,
meddling from the statehouse, and until very recently lackadaisical
oversight by trustees have left many academic and financial scars.
And while Chicago State's travails may be more
egregious than most, sadly there are many other public colleges that can
trace their failings to some of the same forces.
Here, priority one is the abysmal graduate rate: 16
percent for first-time full-time freshmen in 2007, a figure that ranks as
one of the worst in the country even considering that fewer than 10 percent
of the university's 7,200 students fit into that category. The median for 13
of the university's peers across the country is 37 percent, according to an
analysis conducted for the Illinois Board of Higher Education. It's been
terrible for more than a decade.
The problems go on from there. For two years
running, the university has been criticized for lousy financial management
by state auditors (12 of the problems cited in the audit of the 2008 fiscal
year were repeats from 2007). Its enrollment, which topped 10,000 in the
mid-1990s, has dropped by more than a quarter. And its accreditor announced
in July that it would be conducting an unusual "focused visit" to examine,
among other things, concerns about leadership and retention.
It would be easy to assume—and many here and around
the country quickly do—that the university's problems arise from a lack of
state support, another example of an urban institution not getting its due.
But this institution has fared well by the state, thanks mostly to the
former president of the State Senate, Emil Jones Jr., who by all accounts
made Chicago State his pet project for new buildings while encouraging
hands-off treatment for those seeking to scrutinize its effectiveness.
In fact, the higher-education board's data show
that the proportion of Chicago State's budget coming from the state is
higher than the median for its peers (44 versus 41 percent), while its
spending on instruction and services to students also exceeds the median.
Meanwhile, students say their science labs are sub
par, roofs leak, and it can take days to get a bill straightened out or to
get a student ID card. For students whose lives are already complicated
enough, those signs send a message. "You don't want to go somewhere where
you don't feel welcome," says Jessica Bolden, a junior.
Mr. Watson, who officially took office October 1
but was consulting on decisions in the months before that, has already begun
to attack the many management problems—and what he calls "the lack of an
educational focus."
He's replaced or filled 10 top administrative
posts, including a vice president for administration and finance, a vice
president for enrollment management, and the general counsel. He's also told
the deans to establish goals for retention and graduation in their schools
and to have their chairs do the same for their departments. And he cracked
down on a star professor who had been allowed to teach just one course a
year while drawing a full salary. Next up: a study on staffing levels, which
will probably show that they're too high.
What took so long? And where was the board
during all of this?
Continued in article
Recall that the reporter, Goldie Blumenstyk, is the Chronicle's editor who
monitors for-profit-college standards and accountability. She's the mole that
enrolled in a University of Phoenix Governmental Accounting course and found it
tough as nails.
The Chronicle's Goldie Blumenstyk has covered distance education for
more than a decade, and during that time she's written stories about
the economics of for-profit education, the ways that online institutions
market themselves, and the demise of
the 50-percent rule. About the only thing she hadn't done, it seemed, was to
take a course from an online university. But this spring she finally took the
plunge, and now she has completed a class in government and nonprofit accounting
through the University of Phoenix. She shares tales from the cy ber-classroom --
and her final grade --
in a podcast with Paul Fain, a Chronicle reporter.
Chronicle of Higher Education, June 11, 2008 (Audio) ---
http://chronicle.com/media/audio/v54/i40/cyber_classroom/
-
All course materials (including textbooks) online;
No additional textbooks to purchase
-
$1,600 fee for the course and materials
-
Woman instructor with respectable academic
credentials and experience in course content
-
Instructor had good communications with students
and between students
-
Total of 14 quite dedicated online students in
course, most of whom were mature with full-time day jobs
-
30% of grade from team projects
-
Many unassigned online helper tutorials that were
not fully utilized by Goldie
-
Goldie earned a 92 (A-)
-
She gave a positive evaluation to the course and
would gladly take other courses if she had the time
-
She considered the course
to have a heavy workload
Jensen Added Comment
It wasn't mentioned, but I think Goldie took the ACC 460 course ---
Click Here
ACC 460 Government and Non-Profit Accounting
Course Description
This course covers fund accounting, budget and
control issues, revenue and expense recognition, and issues of reporting for
both government and non-profit entities.
Topics and Objectives
Environment of Government/Non-Profit Accounting
- Compare and contrast governmental and proprietary accounting.
- Analyze the relationship between GASB and FASB.
- Analyze the relationship between a budget and a Comprehensive Annual
Financial Report (CAFR).
- Determine when and how to use the modified accrual accounting
method.
Fund Accounting Part I
- Distinguish between expenses and expenditures.
- Explain the effect of encumbrances on a budget.
- Apply the principles of fund accounting.
- Determine the closing process for the fund accounting cycle.
- Explain the reconciliation of government-wide financial statements
with the fund statements.
Fund Accounting Part II
- Apply accounting procedures for recognizing revenues and other
financial resources.
- Record interfund transfers.
- Prepare fund and non-governmental accounting entries.
- Prepare a financial statement for a governmental agency.
Overview of Not-for-Profit Accounting
- Examine the funds for different types of not-for-profit
organizations.
- Compare and contrast reporting by governmental, not-for-profit, and
proprietary organizations.
Current Issues in Government and Not-for-Profit Accounting
- Analyze current issues in government and not-for-profit accounting.
Bob Jensen's threads on asynchronous learning ---
http://www.trinity.edu/rjensen/255wp.htm
Bob Jensen's threads on free online video courses and
course materials from leading universities ---
http://www.trinity.edu/rjensen/000aaa/updateee.htm#OKI
Bob Jensen's threads on assessment ---
http://www.trinity.edu/rjensen/assess.htm
Bob Jensen's threads on the dark side ---
http://www.trinity.edu/rjensen/000aaa/theworry.htm
Bob Jensen's threads on education technology ---
http://www.trinity.edu/rjensen/000aaa/0000start.htm
Penn State requires academic advisors to be available in Second Life
virtual worlds
Plenty of colleges have a presence in Second Life.
Pennsylvania State University is taking that a step further, requiring academic
advisers at its online campus to be available for meetings with students in the
virtual world.
"Second Life Duty Is Now Required for Penn State's Online Advisers," by Marc
Parry, Chronicle of Higher Education, November 9, 2009 ---
Click Here
November
11, 2009 reply from David Albrecht
[albrecht@PROFALBRECHT.COM]
I'm not sure what I think of this. It is not for all students. Students taking
face-to-face classes still get advised the traditional way. I imagine the
traditional way at Penn State is much like the traditional way at a lot of other
public universities, in which students largely figure out things on their own.
I tried out second life, and found that there were significant start-up or
learning costs. Therefore I simply stopped making the effort. A factor was that
my fairly new computer had difficulty in rendering the graphics. A lot of people
use laptops that don't quite have the muscle of many desktops, and hence have
problems.
I keep asking students how familiar they are with second life, and it is rare
that anyone indicates ever having been on it.
I wonder, is Second Life a failed experiment. It has never caught on in a big
way.
Now, if Penn State required academic advisors to be available on Facebook, they
might have lots of traffic.
David Albrecht
November 12. 2009 reply from Bob Jensen
Hi David,
You’re correct about the startup costs of Second
Life. In retirement I just am not interested in that kind of second life.
However, you’re wrong in your conjecture about
Second Life being a “failed experiment” (at least at this point in time until
something better comes along for virtual world communicating and learning at
reasonable costs). High end virtual reality is still too costly for widespread
collegiate applications even though it is great for deep-pockets pilot training
and battlefield training of military officers. Before launching the infamous
Gulf War I retaking of Kuwait, the U.S. commanders purportedly invaded a virtual
Kuwait in a high-end virtual reality.
Google closed down Lively rather than upgrading it
to be a serious competitor to Second Life.
Second Life has become ubiquitous inside and
outside academe, although Steve Hornik reported that in his early experiments in
accounting education some students question the benefits relative to their costs
in time and trouble ---
http://www.trinity.edu/rjensen/000aaa/thetools.htm#SecondLife
Bob Jensen
November 2, 2009 reply from Steven Hornik
[shornik@BUS.UCF.EDU]
Just to add to Bob's (as usual thorough
coverage of a topic) here's a link to a Second Life blog devoted to covering
education in Second Life:
https://blogs.secondlife.com/community/learninginworld
You'll see in 2
out of the 3 most recent posts two are for the Texas Statewide roll out of
Second Life and Open Universities new presence in the virtual world.
Coupled with Penn State's announcement I'd say this data suggests that
Second Life is growing in importance for educational institutions not
declining.
To the comment about learning curves,
the curve is there but its really not that more difficult from learning any
new piece of software. I think many of us have become accustomed (perhaps
too much) to expecting everything to be easy with similar if not the same
interfaces. And certainly its true that without believing there is a reward
at the end for your effort many feel that its not worth it to learn the
interface. To that end Linden Lab is working on what they call the first 5
minute (or some similarly small amount of time) experience and the interface
to try to make it easier for new users to a) understand the interface and b)
understand how/what second life can be used for. But we will have to wait to
see if their efforts are successful as these changes haven't been rolled out
yet.
And as Bob correctly pointed out, my
students consistently fall into 3 groups, 1/3 who really like it (they "get"
it), 1/3 who really don't like it (much of that I believe has to do with
hardware issues as David pointed out), and 1/3 who use it and view it as
just another tool assigned by me. And while it still takes time to
implement the students who are using it in general outperform those who
don't.
_____________________________
Dr. Steven Hornik
University of Central Florida
Dixon School of Accounting
407-823-5739
Second Life: Robins Hermano
http://mydebitcredit.com
yahoo ID: shornik
Bob Jensen's threads on Second Life virtual worlds are at
http://www.trinity.edu/rjensen/000aaa/thetools.htm#SecondLife
"SAVVY SEARCHING Google Scholar revisited," by Pe´ter Jacso,
(I think this came from The Washington Post, but I lost the reference)
Abstract
Purpose – The purpose of this paper is to revisit Google Scholar.
Design/methodology/approach – This
paper discusses the strengths and weaknesses of Google
Scholar.
Findings – The Google Books project
has given a massive and valuable boost to the already rich and diverse
content of Google Scholar. The dark side of the growth is that significant
gaps remain for top ranking journals and serials, and the number of
duplicate, triplicate and quadruplicate records for thesame source documents
(which Google Scholar cannot detect reliably) has increased.
Originality/value – This paper
discusses the strengths and weaknesses of Google Scholar.
Keywords Data collection, Worldwide
web, Document delivery
Google Scholar had its debut in
November 2004. Although it is still in beta version, it is worthwhile to
revisit its pros and cons, as changes have taken place in the past three
years both in the content and the software of Google Scholar – for better or
worse.
Its content has grown significantly -
courtesy of more academic publishers and database hosts opening their
digital vaults to allow the crawlers of Google Scholar to collect data from
and index the full-text of millions of articles from academic journal
collections and scholarly repositories of preprints and reprints. The Google
Books project also has given a massive and valuable boost to the already
rich and diverse content of Google Scholar. The dark side of the growth is
that significant gaps remained for top ranking journals and serials, and the
number of duplicate, triplicate and quadruplicate records for the same
source documents (which Google Scholar cannot detect reliably) has
increased.
While the regular Google service does
an impressive job with mostly unstructured web pages, the software of Google
Scholar keeps doing a very poor job with the highly structured and tagged
scholarly documents. It still has serious deficiencies with basic search
operations, does not have any sort options (beyond the questionable
relevance ranking). It recklessly offers filtering features by data
elements, which are present only in a very small fraction of the records
(such as broad subject categories) and/or are often absent and incorrect in
Google Scholar even if they are present correctly in the source items.
These include nonexistent author
names, which turn out to be section names, subtitles, or any part of the
text, including menu option text which has nothing to do with the document
or its author. This makes “F. Password” not only the most productive, but
also a very highly cited author. Page numbers, the first or second segment
of an ISSN, or any other four-digit numbers are often interpreted by Google
Scholar as publication years due to “artificial unintelligence”. As a
consequence, Google Scholar has a disappointing performance in matching
citing and cited items; its . . .
Continued in article
Bob Jensen's threads on how scholars search the Web ---
http://www.trinity.edu/rjensen/Searchh.htm#Scholars
The World is Open (Website to accompany the book) ---
http://worldisopen.com/
The Amazing Way Children Can Organize to Teach Each Other
"Jaw-dropping: a talk about "lightweight learning," by Sugata Mitra at
Google's London office, Schmoller, November 2009 ---
http://fm.schmoller.net/2009/10/jawdropping-a-talk-by-sugata-mitra-at-googles-london-office.html
Sugata is
Professor of Educational Technology at Newcastle University and he will
be one of the three keynote speakers at the
2010 ALT Conference
between 7 and 9 September 2010. [Disclosure - I work
for ALT part time.] Since the late 1990s Sugata Mitra he has been running
empirical experiments to see what happens when children are able to use an
Internet connected PC, usually in a public space, and always on the basis of
several sharing the PC, usually in groups involving a wide age range. Most
but not all of his experiments have been in areas of poverty, with much of
the research having taken place in impoverished areas of India.
Here are some of Sugata's findings, some of which
are covered in
Remote Presence: Technologies for ‘Beaming’ Teachers Where They Cannot Go,
from the August 2009 issue of the Journal of Emerging
Technologies in Web Intelligence [680 kB PDF], as well as in the 2007 TED
talk at the foot of this piece. What follows is a lightly and probably too
quickly cleaned up version of the notes I took during Sugata's talk.
- Groups of children can learn to use computers
and the Internet, without the support of adults.
- Over 300 children can become computer literate
in 3 months with 1 public access computer.
- The computer needs to be in a safe public
place that the children associate with safety, free time, and play.
- Children will self-organise their learning.
Mitra "does not know how this happens".
- Alongside becoming computer literate, the
children improve their maths and english, improve their social values,
get better at collaborating, improve their school attendance, reduce
their drop out rates.
- Depending on how the computer is set up, and
the software and content it has, Mitra has observed and tested children
doing various things including teaching themselves functional English,
algebra, biotechnology, and improving their pronunciation of English.
These results are replicable, in many different
parts of the world where "hole in the wall" experiments have been carried
out; and such "learning stations" can be provided in countries like India at
an all in cost of around 0.03USD per child per day.
Some readers will be asking themselves "is this
relevant to education in countries like the UK?". Yes, according to
Sugata, describing a February 2008 experiment he conducted in Gateshead, in
the North East of England, where ten year old children (who each had a
laptop, but who seemed not to be benefiting) were put in groups of four,
with one laptop per group, and with ground rules encouraging them to reach
consensus and to listen out for progress on neighbouring tables, and to
claim it as their own. (Sugata quipped "that is how scientific research
works...") In 20 minutes (45 for the slowest) the children had solved
several questions from the GCSE chemistry examination (normally taken by a
minority learners of 16), by collaborative learning using Google,
Wikipedia, Ask Jeeves, Ask, Answerbag, etc.
Tests of these children several months later showed
that their learning (but their understanding?) was retained. Why? According
to Sugata, having to learn collaboratively and to reach consensus is the key
to the success of this approach.
Bob Jensen's threads on asynchronous learning ---
http://www.trinity.edu/rjensen/255wp.htm
Investment Clubs, Hedge Funds, and Tax Implications
Investment clubs commenced with friends in communities and/or work places
that sometimes made social events out of studying investments and pooling small
amounts of money in a fund that in turn was managed by the group as a whole ---
http://en.wikipedia.org/w/index.php?title=Special%3ASearch&redirs=0&search=Investment+club&fulltext=Search&ns0=1
I also think of an hedge fund as a much larger investment club where a
professional investor generally manages the investments for a group of
individuals who join that index fund. Hedge funds, like lower end investment
clubs, do not sell shares in the club to the public in general. An advantage and
a disadvantage of not going public is that such funds, until recently, are not
subject to state and Federal securities laws and SEC oversight, although since
the adverse publicity (read that Madoff Hedge Fund) of the failed attempts are
being made by lawmakers to rein in on hedge funds ---
http://en.wikipedia.org/wiki/Hedge_fund
The Madoff Hedge Fund turned out to be the largest Ponzi Scheme in the World
(aside from the Social Security Fund of the U.S. which is a Ponzi scheme not yet
shut down).
Investment Club Software ---
http://en.wikipedia.org/wiki/Investment_club_software
An Investment Club Helper Site ---
http://investmentclubsonline.com/result.php?Keywords=Investment%20Clubs
Note that investment clubs should understand state and local tax laws regarding
investment club returns and liquidations.
IRS Publication 550 (2008), Investment Income and Expenses
http://www.irs.gov/publications/p550/index.html
Abusive Tax Scheme Investigations - Fiscal Year 2009 ---
http://www.irs.gov/compliance/enforcement/article/0,,id=187267,00.html
Bob Jensen's investment helpers are at
http://www.trinity.edu/rjensen/BookBob1.htm#WebsitesForInvestors
Bob Jensen's taxation helpers are at
http://www.trinity.edu/rjensen/BookBob1.htm#InvestmentHelpers
"Business-School Professors Learn a Hard Lesson in Competition, Study
Finds," by Peter Schmidt, Chronicle of Higher Education, November 5,
2009 ---
http://chronicle.com/article/Business-School-Professors/49052/?sid=at&utm_source=at&utm_medium=en
Among faculty members at business schools in the
United States, the rich tend to be getting richer while others fall farther
behind, according to a paper being presented here Thursday at the annual
conference of the Association for the Study of Higher Education.
In recent years, business schools that were already
in the top fifth in terms of what they pay tenured and tenure-track faculty
members have been giving professors substantially larger pay raises than
those being offered by competing institutions, the paper says. The wealth is
not being shared equally, however. The faculties of the highest-paying
institutions are themselves becoming more stratified in terms of earnings,
with professors at the top of the heap enjoying much faster proportional
growth in their salaries than those on the bottom.
The authors of the paper are John J. Cheslock, an
associate professor of higher education at Pennsylvania State University at
University Park and senior research associate at its Center for the Study of
Higher Education, and Trina Callie, assistant dean of the University of
Arizona's Eller College of Management.
They based their analysis on salary data from
nearly every business school in the nation collected as part of an annual
survey by AACSB International-the Association to Advance Collegiate Schools
of Business. They restricted their analysis to the academic years from
1997-98 to 2004-5, and to full-time faculty members with the rank of
assistant, associate, or full professor at research/doctoral or master's
universities with at least 10 such faculty members on the business school's
payroll.
Contributing to the pay gaps between
business-school faculty members was a marked difference in how the
institutions approached disparities in what their professors earned, the
paper says. In contrast to the most generous business schools, those that
had been paying their faculty members the least tended to compress wages,
giving their highest-paid professors smaller raises than those who earned
less. As a result, the highest-paid faculty members at low-paying business
schools lost even more ground to their best-compensated counterparts at
business schools where salaries were the most generous.
The paper also describes a widening in the pay gap
between faculty members at private and public business schools. Full
professors, for example, earned an average annual salary of about $107,900
at private schools and $95,300 at public schools in 1997-98. By 2004-5,
those figures had risen to $120,900 and $105,400, respectively, meaning that
the private-public pay gap in average salaries at their rank grew by about
$3,000, or 24 percent, to just over $15,500. The study found an interesting
wrinkle in the trend, however, in that the lowest-paying private business
schools actually paid their professors less, on average, than the
lowest-paying public ones.
Among the factors the paper's authors cite as
likely to have driven the trends they chart was a decline in the number of
business Ph.D.'s granted annually. That decline, they say, has contributed
to a shortage of business-school faculty members that has caused entry-level
salaries to increase and prompted institutions to raid one another for
established professors.
Jensen Comment
When I contemplated leaving Florida State University (where pay raises had been
worse than disappointing for all faculty during my four years at FSU) to accept
the Jesse Jones Chair at Trinity University, one of the main questions I raised
with President Calgaard at Trinity University was whether highest-paid faculty
(officially designated as "Distinguished Professors") at Trinity ceteris
paribus would not be capped in the sense that an average raise of 10% would
not be capped off at a lower percentage to highest-paid faculty because the rate
was being multiplied by much higher base salaries. In other words. a faculty
member making $120,000 could get a $12,000 raise when faculty members earning
$40,000 got $4,000 raises.
President Calgaard truly lived up to his word. In all my 24 years at Trinity
I was not capped off a lower percentage raise because my base pay was among the
three highest paid professors on campus. Of course in most years we got raises
of less than 10%, but I always received what I considered more than my fair
share of the percentage raises that were given every year while I was at Trinity
even though my base salary made the dollar raises relatively high on campus each
year.
At the same time, President Calgaard strived to boost the pay levels of
faculty in humanities to a point where Trinity received an A-Level compensation
rating from the AAUP signifying that Trinity was paying all faculty very
competitive wages. In recent years the hardest thing for Trinity and most other
universities has been the compression problem in Business Administration where
starting salaries for new accounting, finance, and business faculty were soaring
at rates much higher than raises the university could give existing faculty.
Another problem area in this regard was Computer Science.
Is there any college that pays incoming newly-minted accounting PhDs the
lowest salaries in their Departments of Accounting? In most colleges these new
accounting assistant professor hires may be offered starting salaries higher
than salaries earned by all existing full professors of accounting. This is more
than a compression problem --- it's really an inversion problem.
Some comparative
nine-month academic year salaries recently released by the AACSB
Note that
major research university salaries considerably higher than average while
salaries in many private universities are much lower as are salaries in state
universities that are not flagship research universities. The results for
accounting and taxation new assistant professors primarily reflects the downward
trend of doctoral graduates in accounting, auditing, and taxation in the past
two decades ---
http://www.trinity.edu/rjensen/theory01.htm#DoctoralPrograms
In the current budget crunches
many colleges have opted out of paying full price for newly minted PhDs in
accounting, finance, and business administration. Trinity paid dearly for two
new assistant professors of accounting to replace me and Petrea Sandlin as we
departed into the retirement sunset, but in most other areas of business more
reliance is being placed upon use of adjunct faculty to meet soaring preferences
among students to major in the Department of Business Administration.
From the
Financial Rounds Blog on February 16, 2009 ---
http://financialrounds.blogspot.com/
The Annual
AACSB
salary survey is the definitive source for business school faculty salaries.
Here's the most important table from the report - it shows the mean salaries for
new doctorates for the major business disciplines
The figures
above
are for 9-month salaries. At research schools, summer research support can add
another 10-20% to that, and there are also opportunities to pick up additional
$$ teaching over the summer. However, at teaching oriented schools, there
typically isn't summer
support, and summer teaching money is
also much lower.
For years, finance professors got the highest salaries across all business
disciplines. That's changed in the last few years, with accounting salaries
pulling ahead. The increase in accounting new-hire salaries is likely due to
smaller numbers of accounting
PhD's being graduated and a lot of
retirements in their field. But still, $120K isn't bad.
Click
here for the free
executive summary (you can also get the full report, but it'll cost you unless
your AACSB Dean can get it for you).
Bob Jensen's threads on salary compression and inversion problems in
academe are at
http://www.trinity.edu/rjensen/HigherEdControversies.htm#Salaries
November 6, 2009 reply from David Albrecht
[albrecht@PROFALBRECHT.COM]
Note the definitions of PQ and AQ were created by the AACSB business college
accrediting body ---
http://aacsb.edu/publications/Archives/novdec08/34-41 Qualified to Teach.pdf
Bob, thanks for posting this one. I noticed it, but
wanted your take on it before commenting. B-school faculty salaries achieve
a pattern not unlike that of pro sports. On a 25-person roster (as in
baseball), there will be some really outlandishly high salaries (the NY
Yankees have three making at least 20 million, nine making at least 10
million, but six making less than 0.5 million. In baseball, the established
stars rake in the cash.
1. Alex Rodriguez 33,000,000
2. Derek Jeter 21,600,000
3. Mark Teixeira 20,625,000
4. A.J. Burnett 16,500,000
5. CC Sabathia 15,285,714
6. Mariano Rivera 15,000,000
7. Jorge Posada 13,100,000
8 a. Johnny Damon 13,000,000
8 b. Hideki Matsui 13,000,000
10. Robinson Cano 6,000,000
11. Andy Pettitte 5,500,000
12. Nick Swisher 5,400,000
13. Damaso Marte 3,750,000
14. Jose Molina 2,125,000
15. Jerry Hairston Jr. 2,000,000
16. Eric Hinske 1,500,000
17. Melky Cabrera 1,400,000
18. Brian Bruney 1,250,000
19. Joba Chamberlain 432,575
20. Brett Gardner 414,000
21. Phil Hughes 407,650
22. David Robertson 406,825
23. Alfredo Aceves 406,750
24. Phil Coke 403,300
25. Ramiro Pena 400,000
In an accounting department, there will be some
high salaries, but to make it affordable to the institution there will be PQ
and non-PQ instructors making far less than the Ph.D. AQ faculty. And the
new AQs make more than the older AQs.
I think the shortage of accounting Ph.D. candidates
is going to continue to drive what some might view as inequitable
intradepartmental salary distributions.
The other key factor is the necessity of
maintaining AQ status. A senior faculty member losing AQ status becomes
nearly unemployable. I think this is a shame. There are many ways for senior
faculty members to remain active and valuable contributors. Getting refereed
pubs is only one aspect of a range of professional responsibilities. Given
that professor-written articles many times have so little real-world worth,
I wonder if our priorities are misplaced. I think a senior faculty member
should be able to maintain AQ status with speeches, presentations and
non-refereed pubs.
Dave Albrecht
November 6, 2009 reply from Jagdish Gangolly
[gangolly@GMAIL.COM]
All these (bus profs salaries, baseball player
salaries, ...) are examples of what in Physics is called Power Law. Such
laws are ubiquitous in nanture. Their cousins go by names such as Pareto Law
(Sociology), Zipf's law (Information Science), Heap's Law (Linguistics),
Benford's Law (Statistics), Gutenberg-Richter Law (Geology), Scaling Laws
(Biology), Fractals (Computing/Mathematics), Inverse-Square Laws (Physics),
Steven'sPower Law (Psychophysics), Kepler's Third Law (Astronomy), Kleiber's
Law (Metabolism), ...
In fact there is a branch of mathematics that
specialises in its study, called "extreme value theory". Finance people seem
to have studied it as have most natural and social scientists. As to
academic accountants, it is an entirely different story.
Jagdish S. Gangolly
Department of Informatics College of Computing & Information State
University of New York at Albany Harriman Campus, Building 7A, Suite 220
Albany, NY 12222 Phone: 518-956-8251, Fax: 518-956-8247
I suspect that the phrase "cream at the top" does not truly connect with the
younger generation. Old folks like me remember that milk used not be homogenized
and was sold in glass, recyclable bottles where the cream rose to the neck of
the bottle and the skim milk sank to the bottom. If you wanted "regular milk"
you had to shake the bottle each time the bottle was to be opened. If you wanted
cream for your coffee you poured cream from the top of the bottle without
shaking the bottle.
In the MBA graduation market over the past three or more decades we've had
graduates that were "cream at the top" and generally had much better career
opportunities than MBA graduates from other colleges and universities. These
graduates were admitted by MBA programs having very competitive admission
competition such as the competition to get into MBA programs at Harvard,
Wharton, Chicago, Duke, MIT, NYU, Yale, Dartmouth, and in the far west Stanford.
The typical graduate from these programs paid $80,000 or more to be launched
into business worlds of dreams.
"MBAs Confront a Savage Job Market The MBA Class of 2009 was hit harder
than expected by the recession. At some top schools, 1 in 5 are jobless 3 months
after graduation," by Anne VanderMey, Business Week, October
29, 2009 ---
http://www.businessweek.com/bschools/content/oct2009/bs20091029_862211.htm?link_position=link1
According to the latest data reported to
BusinessWeek, 16.5% of job-seeking students from the
top 30 MBA programs did not get even one offer by
the time schools collected their final fall employment data three months
after graduation. Last year that was true of just 5% of students. And
despite the meteoric rise of salaries over the past several years, starting
pay was down this year for the top 30, dipping from roughly $98,000 in 2008
to $96,500. For many programs, it marked the first time since the tech
bubble burst that salaries didn't increase. Signing bonuses, too, fell both
in value and quantity.
Even students at top schools have been affected by
the slump. With MBA mainstays like the consulting and financial services
sectors still hurting from the crisis, industries that were once elite
schools' bread and butter have hit lean times. The average number of
students without job offers three months after graduation at the top 10
programs was 15%, just three percentage points better than the rest of the
top 30. Heavyweights such as the
Wharton
School (Wharton
Full-Time MBA Profile), the University of
Michigan's
Ross School of Business (Ross
Full-Time MBA Profile), and Duke University's
Fuqua School of Business (Fuqua
Full-Time MBA Profile) are reporting close to 20%
of students without job offers.
Particularly hard hit are the Wall Street Wannabes. The luckiest graduates
these days had specialty technical skills from undergraduate studies such as
skills in CPA-level accounting, computer science, and engineering. Sadly, for
philosophy, history, and physics majors it's not quite the same to hold
forth a mere MBA diploma from a top-level university as it was two years ago.
Back in the Great Depression farmers and creameries often had to dump milk
and cream on the ground because the markets turned so bad with too much supply
relative to demand.
The bright light for some graduates is that government is hiring just like
the unemployed in the Great Depression sought out government jobs. MBA programs
that are smart will probably adapt curricula to the increasing career
opportunities in government work such as law enforcement for white collar crime
and health care fraud.
Bob Jensen's threads on careers are at
http://www.trinity.edu/rjensen/BookBob1.htm#careers
Before reading this it is advisable to read about the Efficient Market
Hypothesis (EMH) ---
http://en.wikipedia.org/wiki/Efficient_Market_Hypothesis
For decades Fama and French have been the leading scholars on this
hypothesis
Stocks are still the best investment for the
long run. But maybe not for your long run.
Justin Fox, "Are Stocks Still Good for the Long Run?" Time Magazine,
June 15, 2009 ---
http://www.time.com/time/magazine/article/0,9171,1902843-2,00.html
Also see Jim Mahar's June 10, 2009 summary at
http://financeprofessorblog.blogspot.com/
In particular this references a study by Arnott that asserts that over the past
40 years the stock market underperformed the bond market. In my opinion, if you
into bonds for the next 40 years they'd better be inflation-indexed bonds such
as Treasury TIPs.
Question
So where's Eugene Fama's Nobel Prize if he really "won?"
I suspect Wolfpack faculty will have to look up at North Carolina State to
find their colleague Paul Williams. Paul will hit the ceiling after reading this
(as will Warren Buffet and Janet Tavakoli).
"Fox concludes that passive investing is the right choice for almost all
investors. My academic friends in behavioral finance (for example, Richard
Thaler) almost always end up with a similar conclusion. In my view, this is an
admission that the EMH provides a good view of the world for almost all
practical purposes. At which point, I say I won."
"Is Market Efficiency the Culprit?" by Eugene Fama, Fama French Forum,
November 4, 2009 ---
http://www.dimensional.com/famafrench/2009/11/qa-is-market-efficiency-the-culprit.html
Justin Fox ("The Myth of the Rational Market")
and many other financial writers claim that much of the blame for the
financial meltdown is attributable to a misguided faith in market efficiency
that encouraged market participants to accept security prices as the best
estimate of value rather than conduct their own investigation. Is this a
fair assessment? If so, how should policymakers respond?
EFF: The premise of the Fox book
is that our current economic problems are largely due to blind acceptance of
the efficient markets hypothesis (EMH), which posits that market prices
reflect all available information. The claim is that the world's investors
and their advisors in the financial industry bought into this model. Because
they ceased to investigate the true value of assets, we have been hit with
"bubbles" in asset prices. The most recent is the rise and sharp decline in
real estate prices which froze financial markets and led to the worst
recession since the Great Depression of the 1930s.
The book is fun reading, but its main premise is fantasy. Most investing is
done by active managers who don't believe markets are efficient. For
example, despite my taunts of the last 45 years about the poor performance
of active managers, about 80% of mutual fund wealth is actively managed.
Hedge funds, private equity, and other alternative asset classes, which have
attracted big fund inflows in recent years, are built on the proposition
that markets are inefficient. The recent problems of commercial and
investment banks trace mostly to their trading desks and their proprietary
portfolios, and these are always built on the assumption that markets are
inefficient. Indeed, if banks and investment banks took market efficiency
more seriously, they might have avoided lots of their recent problems.
Finally, MBA students who aspire to high paying positions in the financial
industry have a tough time finding a job if they accept the EMH.
I continue to believe the EMH is a solid view of the world for almost all
practical purposes. But it's pretty clear I'm in the minority. If the EMH
took over the investment world, I missed it.
The Fox book is an example of a general phenomenon. Finance, financial
markets, and financial institutions are in disrepute. The popular story is
that together, they caused the current recession. I think one can take an
entirely different position: financial markets and financial institutions
were casualties rather than the cause of the recession.
But suppose we buy into the more common negative current view of finance.
There is still a big open question. Beginning in the early 1980s, the
developed world and some big players in the developing world experienced a
period of extraordinary growth. It's reasonable to argue that in
facilitating the flow of world savings to productive uses around the world,
financial markets and financial institutions played a big role in this
growth. Despite any role of finance in the current recession, are the market
naysayers really ready to argue that worldwide wealth would be higher today
if financial markets and financial institutions didn't develop as they did?
Toward the end of the book, Fox concludes that passive investing is the
right choice for almost all investors. My academic friends in behavioral
finance (for example, Richard Thaler) almost always end up with a similar
conclusion. In my view, this is an admission that the EMH provides a good
view of the world for almost all practical purposes. At which point,
I say I won.
Bob Jensen's threads on the ups and downs of the EMH, including Fama's
videos, are at
http://www.trinity.edu/rjensen/theory01.htm#EMH
Question
Can a clever cost accountant save Intel from Attorney General of New York State?
"N.Y. files antitrust lawsuit against Intel: Chipmaker used bribes,
coercion to get PC makers to shun its rivals, Cuomo says," by Tomoeh
Murakami Tse and Cecilia Kang, The Washington Post, November 5, 2009 ---
Click Here
New York Attorney General Andrew M. Cuomo filed an
antitrust suit against Intel on Wednesday, accusing the world's largest
chipmaker of illegally threatening computer makers and paying them billions
of dollars in kickbacks to stop using chips made by rivals.
The lawsuit comes amid increased scrutiny of the
company's business practices and adds to a growing chorus of complaints by
overseas regulators who have accused the chipmaker of anti-competitive
behavior.
Intel has repeatedly denied wrongdoing, and a
company spokesman did so again Wednesday. "We disagree with the New York
attorney general," Chuck Mulloy said. "Neither consumers who have
consistently benefited from lower prices and increased innovation nor
justice are being served by the decision to file a case now. Intel will
defend itself."
Cuomo's suit, filed in the U.S. District Court of
Delaware, claims that Intel violated state and federal antitrust laws by
"engaging in a worldwide, systematic campaign of illegal conduct" that
involved threatening and bribing executives at firms with such household
names as Hewlett-Packard, Dell and IBM.
According to the lawsuit, Intel persuaded computer
makers to use its chips in exchange for billions of dollars of payments
masked as "rebates." The company also threatened to retaliate against
manufacturers that worked with Intel's competitors, in a particular Advanced
Micro Devices.
For example, Cuomo said, Intel paid nearly $2
billion in 2006 to Dell, which agreed to refrain from marketing AMD
products. Intel also paid IBM $130 million not to launch a product using AMD
chips and threatened to derail a joint development project with
Hewlett-Packard if the computer maker promoted AMD products, Cuomo said.
A history of scrutiny
"Rather than compete fairly, Intel used bribery and
coercion to maintain a stranglehold on the market," Cuomo said in a
statement. "Intel's actions not only unfairly restricted potential
competitors, but also hurt average consumers who were robbed of better
products and lower prices."
As part of the lawsuit, Cuomo presented internal
e-mails between Intel executives as well as between Intel executives and
those at computer makers.
According to Cuomo, for example, Intel chief
executive Paul S. Otellini wrote a 2005 e-mail to Dell chief executive
Michael S. Dell, who had complained that his company's business performance
was suffering. Otellini reminded him that Intel had paid more than $1
billion to Dell. " This was judged by your team to be more than sufficient
to compensate for the competitive issues," Otellini allegedly wrote.
Hewlett Packard, Dell and IBM either declined to
comment or did not return phone calls and e-mail.
While numerous foreign regulators have filed
lawsuits against Intel, which is based in Santa Clara, Calif., Cuomo's is
the first formal antitrust action against Intel by U.S. regulators in more
than a decade. In 1998, the Federal Trade Commission filed an administrative
complaint, which was later settled.
Continued in article
Jensen Comment
One gray zone in such lawsuits is where the "bribes" in reality are volume
discount pricings. Accountants often teach cost-volume-profit decision making
with one of the decision variables being how to set prices on the basis of
expected sales volumes at each of the various pricing alternatives (that affect
contribution margins over variable costs). We seldom, however, bring into the
CVP equation the possibility that certain types of discount pricing restrains
competition. Also giving a $2 billion "bribe" is not quite the same as setting a
lower price per unit that can be justified on the basis of economies of scale in
production. A fixed $2 billion bribe falls more into the realm of a "fixed
cost." Fixed costs are included in CVP analysis, but they're usually assumed, in
our courses, to be legitimate fixed costs and not illegal bribes. It will be
interesting to see how Intel (an Dell) presents a defense to this lawsuit. Ken
Lay (at Enron) personally paid over a million dollars for an accounting
professor from USC to be his expert witness. It did not do any good in Ken's
trial where Lay was found guilty.
In the testimony below, defense witnesses for Skilling and Lay (Walter Rush
and Jerry Arnold) "attribute Enron's descent into bankruptcy proceedings to a
combination of bad publicity and lost market confidence" rather than accounting
fraud. This places the Professor Arnold's opinion in conflict with that of
Professors Hartgraves and Benston earlier analyses based upon the lengthy Powers
Report commissioned by the former Chairman of the Board of Enron ---
http://www.trinity.edu/rjensen/FraudEnron.htm
November 5, 2009 reply from Jagdish Gangolly
[gangolly@GMAIL.COM]
Bob,
I am wondering if Cuomo (and other regulators) is
barking the wrong tree.
It is very difficult to regulate behaviour by
detection/punishment. It is easier by incentives. The incentives can be
through reduced patent protection, regressive corporate taxation, and the
like.
It is even easier to regulate by looking at the
effect of behaviour. Examples include the Standard Oil, AT&T, IBM, and
similar cases. It is well known that failure risks are under-estimated (fat
tail theory), and so the way to control risks of bad behaviour is by use of
anti-trust to breakup monopolies that are too big to fail. Intel, Goldman
Scahs, Microsoft, are all ripe for this.
These corporations are like pedigree dogs. When
they get sick (and we may not even know it), and that they definitely will,
the whole family suffers and ends up paying financially as well as
emotionally.
Jagdish
Bob Jensen's fraud updates are at
http://www.trinity.edu/rjensen/FraudUpdates.htm
Note especially the last paragraph in the article below concerning alleged
frauds of accountants he employed!
"Joe Francis free: Was he a victim of accountants gone wild?"
AccountingWeb, November 11, 2009 ---
http://www.accountingweb.com/topic/watchdog/joe-francis-free-was-he-victim-accountants-gone-wild
In spite of a future that looked pretty dismal,
“Girls Gone Wild” producer Joe Francis will not serve another day of jail
time for tax evasion. The charges against him included underreporting his
income by about $20 million, and later, bribing jail workers in Nevada while
he was being held on the tax charges. For awhile it looked like he might end
up with ten years in prison. Now, he's free, having been sentenced by U.S.
District Judge James Otero to 301 days in jail -- which happens to be the
amount of time he has already served -- plus a year of probation, and a
quarter million dollar fine. In an unusual twist, just as Francis has worked
out his IRS problems, the official spotlight has turned on the guy who blew
the whistle on him.
Francis's trouble started in 2005 when the Internal
Revenue Service began looking into his tax returns for 2002 and 2003. His
accountant, Michael Barrett, turned Francis into the IRS under the
Whistleblower program, hoping to collect a multi-million dollar reward.
Oddly enough, the information Barrett gave the IRS related to tax returns
which he himself prepared, signed, and filed, without showing them to
Francis. Barrett said the tax returns showed $20 million in bogus business
expenses, including $3.78 million used to build a home in Mexico, $10.4
million in false consulting expenses, and a half million dollar phony
insurance claim. In addition, Francis is accused of transferring $15 million
from an offshore bank account to a California brokerage account in the name
of a Cayman Islands Company under his control.
At first the video producer denied the charges and
claimed the IRS was targeting him because they were jealous of his youth and
enormous success. His defense attorney, Robert Bernhoff, told the Los
Angeles Times, "This ain't 'Girls Gone Wild.' This is the IRS gone wild. The
American taxpayers should be outraged that an IRS program is being abused
like this."
Then, after years of fighting the charges, Francis
appeared in a Los Angeles court on September 23, 2009 to plead guilty to two
misdemeanors, agreeing to pay $249,705. Judge Otero accepted the plea
bargain on the misdemeanor charges after it was learned that a key witness
withheld information from prosecutors.
As part of the plea, Francis agreed to admit that
he underreported income by about $563,000 and also that he gave more than
$5,000 worth of items to two jail workers in exchange for food during his
incarceration at Washoe County, Nevada.
Brad Brian, Francis's lead trial attorney, said in
a statement, "It took us seven months, but in the end we demonstrated that
the felony tax charges never should have been brought in the first place."
After the hearing, Francis kissed his mother and
told reporters simply, "I think we won that one."
His tax woes may be over. But in recent weeks, the
IRS is turning up the heat on his accountant, Michael Barrett. For a long
time, Francis maintained that his tax failures were caused not by his own
wrongdoing, but by Barrett. Barrett, in fact, was scheduled to be a key
witness for the prosecution against Francis. But as the IRS delved more
deeply into the case against Francis, some of the scrutiny turned on Barrett
himself and two other employees of Francis's production company, Mantra
Films. The accountant is accused - among other things - of setting up shadow
corporations and then using them to bilk Mantra out of hundreds of thousands
of dollars. No arrests have yet been made.
Bob Jensen's fraud updates are at
http://www.trinity.edu/rjensen/FraudUpdates.htm
How Online Vendors are
Changing CVP Analysis (behind our backs?)
I think modern-day novels
would make interesting empirical and case studies of cost-profit-volume
analysis. The focus could be the impact that the online book market should have
on CVP analysis for authors and publishers. For many novels there are so many
used copies available for sale (e.g., on Amazon) that a book costing $27.50 new
might have 200 used copies available for a penny each or at most less than a
quarter.
My good AECM friend Ed
Scribner recommended that, as a mystery buff, I try Michael McGarrity mystery
books. On Amazon I only had to pay $0.01 for one of his books and $.38 for
another, but the shipping costs were $8.31 for both books. I expect these are
very good books, but there are now hundreds upon hundreds of McGarrity books in
the used book market, many for less than a dime. If I really like McGarrity I
will order all the rest of his books (some in hard copy) that are available for
less than a buck.
What this shows is how the
online book market is destroying the long-term profitability of many novels that
people read and then decide to sell. Publishers and authors must meet their
fixed costs in the first year or two or take a hit.
What They're Reading on College Campuses
None of these are on my wish list while I struggle with everything ever
written by Janet Tavakoli or relax with some of the old books in my library by
Ngaio Marsh and Agatha Christie. Erika and I are working our way through the
entire PBS Mystery collection available from Netflix. It will be a sad day
during a blizzard when we realize that we've at last seen them all --- some of
them twice.
"What They're Reading on College Campuses," Chronicle of Higher
Education, November 1, 2009 ---
http://chronicle.com/article/What-Theyre-Reading-on/48996/?sid=at&utm_source=at&utm_medium=en
|
1. |
The Lost Symbol
by Dan Brown
|
— |
|
2. |
The Time Traveler's Wife
by Audrey Niffenegger
|
3 |
|
3. |
Pride and Prejudice and Zombies
by Jane Austen and Seth Grahame-Smith
|
1 |
|
4. |
Freakonomics: A Rogue Economist Explores the Hidden Side
of Everything
by Steven D. Levitt and Stephen J. Dubner
|
— |
|
5. |
True Compass: A Memoir
by Edward M. Kennedy
|
— |
|
6. |
The Shack
by William P. Young
|
7 |
|
7. |
The Last Song
by Nicholas Sparks
|
— |
|
8. |
Eclipse
by Stephenie Meyer
|
— |
|
9. |
A Mercy
by Toni Morrison
|
— |
|
10. |
Act Like a Lady, Think Like a Man
by Steve Harvey
|
— |
The Chronicle's list of best-selling books
was compiled from information supplied by stores serving the following
campuses: American U., Beloit College, Brown U., Case Western Reserve U.,
College of William and Mary, Drew U., Florida State U., George Washington
U., Georgetown U., Georgia State U., Harvard U., James Madison U., Johns
Hopkins U., Kent State U., Pennsylvania State U. at University Park,
Stanford U., State U. of New York at Buffalo, Tulane U., U. of California at
Berkeley, U. of Chicago, U. of Florida, U. of Illinois at Urbana-Champaign,
U. of Miami, U. of New Hampshire, U. of North Carolina at Chapel Hill, U. of
North Dakota, U. of North Texas, U. of Northern Colorado, U. of Oklahoma at
Norman, U. of Nebraska at Lincoln, Vanderbilt U., Washington State U.,
Washington U. in St. Louis, Wayne State U., Williams College, Winthrop
College, and Xavier U. (Ohio).
Jensen Comment
Actually I randomly search among the free versions of classics available online,
but I usually skim read rather than deep read most of my choices of novels and
poems ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm
From the Scout Report on November 7, 2009
Opera 10.01 ---
http://www.opera.com/
The Opera browser continues to offer new
innovations with this latest release, and its relatively small size is
always a major benefit. The visual features here are quite nice, and they
include theme previews embedded within the interface and new widgets, like a
sketchbook and an interactive solar system simulation. Of course, the
browser still has favorite features such as a feed preview, speed dial
browsing, and a resizable search field. This version is compatible with
computers running Windows 95 and newer or Mac OS X 10.4 and newer.
Signature995 ---
http://www.signature995.com/
If you're looking for a way to securely transmit
and digitally sign PDFs, look no further than this application. Using
Microsoft Cryptographic technology, Signature995 features a multi-tabbed
interface that is easy to use. Visitors can also encrypt other file types
(such as doc and zip files), and they can also limit file access to certain
users. This version is compatible with computers running Windows 95 and
newer.
From the Scout Report on November 13, 2009
Piwigo 2.0 ---
http://piwigo.org/
Out of the vast universe of available photo gallery
software packages, Piwigo distinguishes itself with a snappy user interface
and a set of customizable features. Foremost among these features is a
category "tree" which lets users create photo categories that expand and
flatten the tree structure to view all the photos. Visitors can also set up
user permissions and also create rating tabs for each photo, or groups of
photos. This version is compatible with computers running Mac OS 10.3 or
newer or Windows 95 and newer.
Smart System Informer 2.1 ---
http://smartpctools.com/products/
It?s always a good idea to keep tabs on what
programs your computer is running, and Smart System Informer 2.1 is a fine
way to do exactly that. The application launches a small tabbed window that
helps users quickly scan their system, and it returns information about the
video and monitor settings, along with reports on memory use, currently
running processes, and a list of all installed programs. This version is
compatible with computers running Windows 95 and newer.
Controversy and conversation continue about the transparency of
microcredit lending organizations Confusion on Where Money Lent via Kiva
Goes [Free registration may be required]
http://www.nytimes.com/2009/11/09/business/global/09kiva.html?ref=todayspaper
Microfinance programs harness Web to connect borrowers and lenders
http://www.mercurynews.com/business/ci_13726179?nclick_check=1
Kiva is Not Quite What It Seems
http://blogs.cgdev.org/open_book/2009/10/kiva-is-not-quite-what-it-seems.php
Innocuous Changes vs. Grand Designs
http://www.huffingtonpost.com/dennis-whittle/innocuous-changes-vs-gran_b_350588.html
Microfinance Gateway [pdf]
http://www.microfinancegateway.org/p/site/m/
Kiva ---
http://www.kiva.org/
Free online textbooks, cases, and tutorials in accounting, finance,
economics, and statistics ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm#Textbooks
Education Tutorials
BBC: Learning English ---
http://www.bbc.co.uk/worldservice/learningenglish/
Bob Jensen's threads on general education tutorials are at
http://www.trinity.edu/rjensen/Bookbob2.htm#EducationResearch
Engineering, Science, and Medicine Tutorials
Saturn Is Beautiful ---
http://www.technologyreview.com/blog/post.aspx?bid=358&bpid=24383&nlid=2503
Video Special
---
http://useloos.com/mediaplayer/?itemid=8715
Amazing Nature (I mean really amazing):
Birth of a Baby Elephant
Especially note what the mother does when her
newborn appears to be dead on the floor!
NASA: Interactive Features [Flash Player]
http://www.nasa.gov/multimedia/mmgallery/features_archive_1.html
The Virtual Lab Book (microbiology, biology) ---
http://delliss.people.cofc.edu/virtuallabbook/
National Association of Biology Teachers: Instructional Materials ---
http://www.nabt.org/sites/S1/index.php?p=25
ChemPod ---
http://www.nature.com/chemistry/podcast.html
World Summit on Food Security ---
http://www.fao.org/wsfs/world-summit/en/?no_cache=1
Harvard Stem Cell Institute ---
http://www.hsci.harvard.edu/
Science of Sound in the Sea ---
http://www.dosits.org/science/intro.htm
Genetics Selection Evolution ---
http://www.gsejournal.org/
Geology Resources: The University of Texas of the Permian Basin
http://ceed.utpb.edu/geology-resources/
Oregon Explorer: Natural Resources Digital Library ---
http://oregonexplorer.info/
Art & Architecture ---
http://www.artandarchitecture.org.uk/
Unbearable Pain: India's Obligation to Ensure Palliative Care ---
http://www.hrw.org/en/reports/2009/10/28/unbearable-pain-0
"Information Processing" Questions for Dyson," by Stephen Hsu,
MIT's Technology Review, November 7, 2009 ---
http://www.technologyreview.com/blog/post.aspx?bid=354&bpid=24371&nlid=2496
Jensen Comment
When I taught several First Year Seminar classes at Trinity Universities, I
featured the Phi Beta Kappa lectures of Freeman Dyson, but that was years ago
---
http://en.wikipedia.org/wiki/Freeman_Dyson
Bob Jensen's threads on free online science,
engineering, and medicine tutorials are at ---
http://www.trinity.edu/rjensen/Bookbob2.htm#Science
Social Science and Economics Tutorials
Sourcebook of Criminal Justice Statistics Online ---
http://www.albany.edu/sourcebook/
Film Literature Index ---
http://webapp1.dlib.indiana.edu/fli/index.jsp
Hidden Histories of Exploration [Flash Player]
http://hiddenhistories.rgs.org/
Canadian Geographical Names
(History, Geography, Travel) --- http://geonames.nrcan.gc.ca/index_e.php
Encyclopedia of Oklahoma History &
Culture
http://digital.library.okstate.edu/encyclopedia/
With enough poking around you can find portraits of
Oswald posing with his rifle, picnicking and drinking from tiny bottles with a
lady friend, and even lying dead in a morgue. There's even one shot of strippers
from Jack Ruby's club . . .
"U. of North Texas Catalogs the Photos of the JFK Investigation You Haven't
Seen," Chronicle of Higher Education, November 13, 2009 ---
Click Here
The Portal to Texas History at the UNT ---
http://texashistory.unt.edu/
South African Government Information: Documents ---
http://www.info.gov.za/view/DynamicAction?pageid=528
Institute for Democracy in South Africa ---
http://www.idasa.org.za/index.asp
"Information Processing" Questions for Dyson," by Stephen Hsu,
MIT's Technology Review, November 7, 2009 ---
http://www.technologyreview.com/blog/post.aspx?bid=354&bpid=24371&nlid=2496
Jensen Comment
When I taught several First Year Seminar classes at Trinity Universities, I
featured the Phi Beta Kappa lectures of Freeman Dyson, but that was years ago
---
http://en.wikipedia.org/wiki/Freeman_Dyson
Expect Delays: An Analysis of Air Travel Trends in the United States ---
http://www.brookings.edu/reports/2009/1008_air_travel_tomer_puentes.aspx
Bob Jensen's threads on Economics, Anthropology, Social Sciences, and
Philosophy tutorials are at
http://www.trinity.edu/rjensen/Bookbob2.htm#Social
Law and Legal Studies
Sourcebook of Criminal Justice Statistics Online ---
http://www.albany.edu/sourcebook/
National Criminal Justice Reference Service ---
http://www.ncjrs.gov/
Bob Jensen's threads on law and legal studies are at
http://www.trinity.edu/rjensen/Bookbob2.htm#Law
Math Tutorials
Bob Jensen's threads on free online mathematics tutorials are at
http://www.trinity.edu/rjensen/Bookbob2.htm#050421Mathematics
History Tutorials
Film Literature Index ---
http://webapp1.dlib.indiana.edu/fli/index.jsp
Vincent Van Gogh: The Letters ---
http://www.vangoghletters.org/vg/
Louis Braille: His Legacy and Influence on the
blind [Flash Player]
http://myloc.gov/Exhibitions/braille/Pages/Default.aspx
Hidden Histories of Exploration [Flash Player]
http://hiddenhistories.rgs.org/
Canadian Geographical Names
(History, Geography, Travel) --- http://geonames.nrcan.gc.ca/index_e.php
In & Out of Amsterdam: Travels in Conceptual Art,
1960-1976
http://www.moma.org/interactives/exhibitions/2009/inandout/
Langston Hughes Papers and Photographs ---
http://beinecke.library.yale.edu/digitallibrary/hughes.html
Public Art In the Bronx ---
http://www.lehman.edu/vpadvance/artgallery/publicart/index.html
W.P. Davies Newspaper Columns ---
http://www.und.nodak.edu/dept/library/digital/davies.html
In Transition: Selected Poems by the Baroness Elsa von Freytag- Loringhoven
http://www.lib.umd.edu/digital/transition/index.jsp
Florida Digital Newspaper Library ---
http://www.uflib.ufl.edu/UFDC/?c=fdnl1
Chronicling America: Historic American Newspapers ---
http://www.loc.gov/chroniclingamerica/home.html
Animate Projects [Art and Animation] ---
http://www.animateprojects.org/home
Encyclopedia of Oklahoma History &
Culture
http://digital.library.okstate.edu/encyclopedia/
American Experience: Civilian Conservation Corps ---
http://www.pbs.org/wgbh/americanexperience/ccc/
Sourcebook of Criminal Justice Statistics Online ---
http://www.albany.edu/sourcebook/
Sanora Babb, Stories from the American High Plains [Flash Player]
http://www.hrc.utexas.edu/exhibitions/web/babb/
With enough poking around you can find portraits of
Oswald posing with his rifle, picnicking and drinking from tiny bottles with a
lady friend, and even lying dead in a morgue. There's even one shot of strippers
from Jack Ruby's club . . "U. of North Texas Catalogs the Photos of
the JFK Investigation You Haven't Seen," Chronicle of Higher Education, November
13, 2009 ---
Click Here
The Portal to Texas History at the UNT ---
http://texashistory.unt.edu/
Bob Jensen's threads on history tutorials are at
http://www.trinity.edu/rjensen/Bookbob2.htm#History
Also see
http://www.trinity.edu/rjensen/ElectronicLiterature.htm
Language Tutorials
Bob Jensen's links to language tutorials are at
http://www.trinity.edu/rjensen/Bookbob2.htm#Languages
Music Tutorials
Bob Jensen's threads on free music tutorials are at
http://www.trinity.edu/rjensen/Bookbob2.htm#050421Music
Writing Tutorials
Bob Jensen's helpers for writers are at
http://www.trinity.edu/rjensen/Bookbob3.htm#Dictionaries
Updates from WebMD ---
http://www.webmd.com/
November 11,
2009
November 12,
2009
November 13,
2009
November 14,
2009
November 16,
2009
November 17,
2009
On occasion in the past the Counseling Center at Trinity University notified
me when a student had dyslexia. In most cases the student requested extra time
on quizzes and examinations. If you discover that a student has dyslexia, it may
help that student if you request that the student sit near the front of
the classroom as well as giving more time for examinations.
"Study Unravels Mystery of Dyslexia: Children With Dyslexia Can't
Focus on Repeated Speech Sounds, Researchers Say," by Kelli Miller Stacy,
WebMD, November 11, 2009 ---
http://children.webmd.com/news/20091111/study-unravels-mystery-of-dyslexia
New research may provide an answer as to why
children with dyslexia often have difficulty hearing someone talk in a noisy
room.
Dyslexia is a common, language-based learning
disability that makes it difficult to read, spell, and write. It is
unrelated to a person's intelligence. Studies have also shown that patients
with dyslexia can have a hard time hearing when there is a lot of background
noise, but the reasons for this haven't been exactly clear.
Now, scientists at Northwestern University say that
in dyslexia, the part of the brain that helps perceive speech in a noisy
environment is unable to fine-tune or sharpen the incoming signals.
"The ability to sharpen or fine-tune repeating
elements is crucial to hearing speech in noise because it allows for
superior 'tagging' of voice pitch, an important cue in picking out a
particular voice within background noise," Nina Kraus, director of
Northwestern University's Auditory Neuroscience Laboratory, says in a news
release.
The brainstem is the first place in the brain to
receive and process auditory (hearing) signals. It is supposed to
automatically focus on the information, such as repeated bits of speech, and
sharpen it so you can discern someone's voice from, say, the noise of a
chaotic classroom. The new study, however, provides the first biological
evidence that children with dyslexia have a deficit in this auditory
process. As a result, the brainstem cannot focus on relevant, predictable,
and repeating sounds.
The new evidence is based on a brain activity study
of children with both good and poor reading skills. The children wore
earphones that repeated the sound "da" in different intervals while watching
an unrelated video. The first time, "da" repeated over and over again in a
repetitive manner. In a second session, the sound "da" occurred randomly
along with other speech sounds, in a variable manner. Electrodes taped to
each child's scalp recorded the brain's response to the sounds.
The children also underwent standard reading and
spelling tests and were asked to repeat sentences provided to them amid
different noise levels.
"Even though the children's attention was focused
on a movie, the auditory system of the good readers 'tuned in' to the
repeatedly presented speech sound context and sharpened the sound's
encoding. In contrast, poor readers did not show an improvement in encoding
with repetition," Bharath Chandrasekaran, one of the study's authors, says
in a statement.
The tests also revealed that children without
dyslexia were better able to repeat sentences they had heard in noisy
environments. However, the researchers noted enhanced brain activity of the
children with dyslexia during the session when the "da" sound was variably
played.
"The study brings us closer to understanding
sensory processing in children who experience difficulty excluding
irrelevant noise. It provides an objective index that can help in the
assessment of children with reading problems," Kraus says.
The findings, which appear in this week's issue of
Neuron, may also help teachers and caregivers devise better strategies for
teaching children with dyslexia. For example, the study authors say children
with dyslexia who have trouble sorting out voices in noisy classrooms may
benefit simply by sitting closer to the teacher.
Bob Jensen's threads on aids for handicapped students ---
http://www.trinity.edu/rjensen/000aaa/thetools.htm#Handicapped
The Virtual Lab Book (microbiology, biology) ---
http://delliss.people.cofc.edu/virtuallabbook/
National Association of Biology Teachers: Instructional Materials ---
http://www.nabt.org/sites/S1/index.php?p=25
Forwarded by Gene and Joan
Choose your partners, one and all, Aspirin, Advil, or Tylenol!
Now fling those covers with all you've got, One minute cold, the next minute
hot,
Circle right to the side of the bed, Grab the tissues and Sudafed.
Back to the middle and don't goof off; Hold your stomach and cough, cough,
cough.
Forget about slippers, dash down the hall, Toss your cookies in the shower
stall.
Remember others on the brink; Wash your hands; wash the sink.
Wipe the doorknob, light switch too, By George, you've got the it, you're
doing the Flu!
Some like it cold, some like it hot; If you like neither, get the shot.
Forwarded by Auntie Bev
Cleveland, OH (AP) - A seven-year old boy was at the center of a Cuyahoga
County courtroom drama yesterday when he challenged a court ruling over who
should have custody of him.. The boy has a history of being beaten by his
parents and the judge initially awarded custody to his aunt, in keeping with
child custody law and regulation requiring that family unity be maintained to
the highest degree possible..
The boy surprised the court when he proclaimed that his aunt beat him more
than his parents and he adamantly refused to live with her. When the judge then
suggested that he live with his grandparents, the boy cried and said that they
also beat him.
After considering the remainder of the immediate family and learning that
domestic violence was apparently a way of life among them, the judge took the
unprecedented step of allowing the boy to propose who should have custody of
him.
After two recesses to check legal references and confer with the child
welfare officials, the judge granted temporary custody to the Cleveland Browns,
whom the boy firmly believes are not capable of beating anyone.
I FELL FOR IT!! DON'T FEEL BAD IF YOU DID TOO!!!
Tidbits Archives ---
http://www.trinity.edu/rjensen/TidbitsDirectory.htm
Click here to search Bob Jensen's web site if you have key words to enter ---
Search Site.
For example if you want to know what Jensen documents have the term "Enron"
enter the phrase Jensen AND Enron. Another search engine that covers Trinity and
other universities is at
http://www.searchedu.com/
World Clock ---
http://www.peterussell.com/Odds/WorldClock.php
Facts about the earth in real time --- http://www.worldometers.info/
Interesting Online Clock
and Calendar
---
http://home.tiscali.nl/annejan/swf/timeline.swf
Time by Time Zones ---
http://timeticker.com/
Projected Population Growth (it's out of control) ---
http://geography.about.com/od/obtainpopulationdata/a/worldpopulation.htm
Also see
http://users.rcn.com/jkimball.ma.ultranet/BiologyPages/P/Populations.html
Facts about population growth (video) ---
http://www.youtube.com/watch?v=pMcfrLYDm2U
Projected U.S. Population Growth ---
http://www.carryingcapacity.org/projections75.html
Real time meter of the U.S. cost of the war in Iraq ---
http://www.costofwar.com/
Enter you zip code to get Census Bureau comparisons ---
http://zipskinny.com/
Sure wish there'd be a little good news today.
Three Finance Blogs
Jim Mahar's FinanceProfessor Blog ---
http://financeprofessorblog.blogspot.com/
FinancialRounds Blog ---
http://financialrounds.blogspot.com/
Karen Alpert's FinancialMusings (Australia) ---
http://financemusings.blogspot.com/
Some Accounting Blogs
Paul Pacter's IAS Plus (International
Accounting) ---
http://www.iasplus.com/index.htm
International Association of Accountants News ---
http://www.aia.org.uk/
AccountingEducation.com and Double Entries ---
http://www.accountingeducation.com/
Gerald Trites'eBusiness and
XBRL Blogs ---
http://www.zorba.ca/
AccountingWeb ---
http://www.accountingweb.com/
SmartPros ---
http://www.smartpros.com/
Bob Jensen's Sort-of Blogs ---
http://www.trinity.edu/rjensen/JensenBlogs.htm
Current and past editions of my newsletter called New
Bookmarks ---
http://www.trinity.edu/rjensen/bookurl.htm
Current and past editions of my newsletter called
Tidbits ---
http://www.trinity.edu/rjensen/TidbitsDirectory.htm
Current and past editions of my newsletter called Fraud
Updates ---
http://www.trinity.edu/rjensen/FraudUpdates.htm
Online Books, Poems, References,
and Other Literature
In the past I've provided links to various types electronic literature available
free on the Web.
I created a page that summarizes those various links ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm
The Master List of Free
Online College Courses ---
http://universitiesandcolleges.org/
Shared Open Courseware
(OCW) from Around the World: OKI, MIT, Rice, Berkeley, Yale, and Other Sharing
Universities ---
http://www.trinity.edu/rjensen/000aaa/updateee.htm#OKI
Free Textbooks and Cases ---
http://www.trinity.edu/rjensen/ElectronicLiterature.htm#Textbooks
Free Mathematics and Statistics Tutorials ---
http://www.trinity.edu/rjensen/Bookbob2.htm#050421Mathematics
Free Science and Medicine Tutorials ---
http://www.trinity.edu/rjensen/Bookbob2.htm#Science
Free Social Science and Philosophy Tutorials ---
http://www.trinity.edu/rjensen/Bookbob2.htm#Social
Free Education Discipline Tutorials ---
http://www.trinity.edu/rjensen/Bookbob2.htm
Teaching Materials (especially
video) from PBS
Teacher Source: Arts and
Literature ---
http://www.pbs.org/teachersource/arts_lit.htm
Teacher Source: Health & Fitness
---
http://www.pbs.org/teachersource/health.htm
Teacher Source: Math ---
http://www.pbs.org/teachersource/math.htm
Teacher Source: Science ---
http://www.pbs.org/teachersource/sci_tech.htm
Teacher Source: PreK2 ---
http://www.pbs.org/teachersource/prek2.htm
Teacher Source: Library Media ---
http://www.pbs.org/teachersource/library.htm
Free Education and
Research Videos from Harvard University ---
http://athome.harvard.edu/archive/archive.asp
VYOM eBooks Directory ---
http://www.vyomebooks.com/
From Princeton Online
The Incredible Art Department ---
http://www.princetonol.com/groups/iad/
Online Mathematics Textbooks ---
http://www.math.gatech.edu/~cain/textbooks/onlinebooks.html
National Library of Virtual Manipulatives ---
http://enlvm.usu.edu/ma/nav/doc/intro.jsp
Moodle ---
http://moodle.org/
The word moodle is an acronym for "modular
object-oriented dynamic learning environment", which is quite a mouthful.
The Scout Report stated the following about Moodle 1.7. It is a
tremendously helpful opens-source e-learning platform. With Moodle,
educators can create a wide range of online courses with features that
include forums, quizzes, blogs, wikis, chat rooms, and surveys. On the
Moodle website, visitors can also learn about other features and read about
recent updates to the program. This application is compatible with computers
running Windows 98 and newer or Mac OS X and newer.
Some of Bob Jensen's Tutorials
Accounting program news items for colleges are posted at
http://www.accountingweb.com/news/college_news.html
Sometimes the news items provide links to teaching resources for accounting
educators.
Any college may post a news item.
Accountancy Discussion ListServs:
For an elaboration on the reasons you should join a
ListServ (usually for free) go to http://www.trinity.edu/rjensen/ListServRoles.htm
AECM (Educators)
http://pacioli.loyola.edu/aecm/
AECM is an email Listserv list which
provides a forum for discussions of all hardware and software
which can be useful in any way for accounting education at the
college/university level. Hardware includes all platforms and
peripherals. Software includes spreadsheets, practice sets,
multimedia authoring and presentation packages, data base
programs, tax packages, World Wide Web applications, etc
Roles of a ListServ ---
http://www.trinity.edu/rjensen/ListServRoles.htm
|
CPAS-L (Practitioners)
http://pacioli.loyola.edu/cpas-l/
CPAS-L provides a forum for discussions of
all aspects of the practice of accounting. It provides an
unmoderated environment where issues, questions, comments,
ideas, etc. related to accounting can be freely discussed.
Members are welcome to take an active role by posting to CPAS-L
or an inactive role by just monitoring the list. You qualify for
a free subscription if you are either a CPA or a professional
accountant in public accounting, private industry, government or
education. Others will be denied access. |
Yahoo
(Practitioners)
http://groups.yahoo.com/group/xyztalk
This forum is for CPAs to discuss the activities of the AICPA.
This can be anything from the CPA2BIZ portal to the XYZ
initiative or anything else that relates to the AICPA. |
AccountantsWorld
http://accountantsworld.com/forums/default.asp?scope=1
This site hosts various discussion groups on such topics as
accounting software, consulting, financial planning, fixed
assets, payroll, human resources, profit on the Internet, and
taxation. |
Business Valuation
Group
BusValGroup-subscribe@topica.com
This discussion group is headed by Randy Schostag
[RSchostag@BUSVALGROUP.COM] |
Many useful accounting sites (scroll down) ---
http://www.iasplus.com/links/links.htm
Some Accounting Blogs
Paul Pacter's IAS Plus (International
Accounting) ---
http://www.iasplus.com/index.htm
International Association of Accountants News ---
http://www.aia.org.uk/
AccountingEducation.com and Double Entries ---
http://www.accountingeducation.com/
Gerald Trites'eBusiness and
XBRL Blogs ---
http://www.zorba.ca/
AccountingWeb ---
http://www.accountingweb.com/
SmartPros ---
http://www.smartpros.com/
Management and Accounting Blog ---
http://maaw.info/
Bob Jensen's Sort-of Blogs ---
http://www.trinity.edu/rjensen/JensenBlogs.htm
Current and past editions of my newsletter called New
Bookmarks ---
http://www.trinity.edu/rjensen/bookurl.htm
Current and past editions of my newsletter called
Tidbits ---
http://www.trinity.edu/rjensen/TidbitsDirectory.htm
Current and past editions of my newsletter called Fraud
Updates ---
http://www.trinity.edu/rjensen/FraudUpdates.htm
Some
Accounting History Sites
Bob Jensen's
Accounting History in a Nutshell and Links ---
http://www.trinity.edu/rjensen/theory01.htm#AccountingHistory
Accounting
History Libraries at the University of Mississippi (Ole Miss) ---
http://www.olemiss.edu/depts/accountancy/libraries.html
The above libraries include international accounting history.
The above libraries include film and video historical collections.
MAAW Knowledge Portal for Management and Accounting ---
http://maaw.info/
Academy of Accounting Historians and the Accounting Historians Journal ---
http://www.accounting.rutgers.edu/raw/aah/
Sage Accounting History ---
http://ach.sagepub.com/cgi/pdf_extract/11/3/269
A nice timeline on the development of U.S. standards and the evolution of
thinking about the income statement versus the balance sheet is provided at:
"The Evolution of U.S. GAAP: The Political Forces Behind Professional
Standards (1930-1973)," by Stephen A. Zeff, CPA Journal, January 2005
---
http://www.nysscpa.org/cpajournal/2005/105/infocus/p18.htm
Part II covering years 1974-2003 published in February 2005 ---
http://www.nysscpa.org/cpajournal/2005/205/index.htm
A nice
timeline of accounting history ---
http://www.docstoc.com/docs/2187711/A-HISTORY-OF-ACCOUNTING
From Texas
A&M University
Accounting History Outline ---
http://acct.tamu.edu/giroux/history.html
Bob
Jensen's timeline of derivative financial instruments and hedge accounting ---
http://www.trinity.edu/rjensen/FraudRotten.htm#DerivativesFrauds
History of
Fraud in America ---
http://www.trinity.edu/rjensen/415wp/AmericanHistoryOfFraud.htm
Also see
http://www.trinity.edu/rjensen/Fraud.htm
Concerns That Academic Accounting Research is Out of Touch
With Reality
I think leading academic
researchers avoid applied research for the profession because making
seminal and creative discoveries that practitioners have not already
discovered is enormously difficult.
Accounting academe is
threatened by the twin dangers of fossilization and scholasticism
(of three types: tedium, high tech, and radical chic)
From
http://www.trinity.edu/rjensen/395wpTAR/Web/TAR395wp.htm
“Knowledge and competence
increasingly developed out of the internal dynamics of esoteric
disciplines rather than within the context of shared perceptions
of public needs,” writes Bender. “This is not to say that
professionalized disciplines or the modern service professions
that imitated them became socially irresponsible. But their
contributions to society began to flow from their own
self-definitions rather than from a reciprocal engagement with
general public discourse.”
Now, there is a definite note of sadness in Bender’s narrative –
as there always tends to be in accounts
of the
shift from Gemeinschaft
to Gesellschaft. Yet it
is also clear that the transformation from civic to disciplinary
professionalism was necessary.
“The new disciplines offered relatively precise subject matter
and procedures,” Bender concedes, “at a time when both were
greatly confused. The new professionalism also promised
guarantees of competence — certification — in an era when
criteria of intellectual authority were vague and professional
performance was unreliable.”
But in the epilogue to Intellect and Public Life,
Bender suggests that the process eventually went too far.
“The
risk now is precisely the opposite,” he writes. “Academe is
threatened by the twin dangers of fossilization and
scholasticism (of three types: tedium, high tech, and radical
chic).
The agenda for the next decade, at least as I see it, ought to
be the opening up of the disciplines, the ventilating of
professional communities that have come to share too much and
that have become too self-referential.”
What went wrong in
accounting/accountics research?
How did academic accounting
research become a pseudo science?
http://www.trinity.edu/rjensen/theory01.htm#WhatWentWrong
|
Professor Robert E. Jensen (Bob)
http://www.trinity.edu/rjensen
190 Sunset Hill Road
Sugar Hill, NH 03586
Phone: 603-823-8482
Email:
rjensen@trinity.edu