"The problem it's trying to solve is to define the value of the right, but not the obligation, to buy a particular asset at a specified price, within or at the end of a specified time period," says Professor Myron Scholes, professor of finance at the Stanford University Graduate School of Business and - of course - co-inventor of the Black-Scholes formula.

via BBC News.

You know what's great?

Unicorns.

In fact, unicorns are freakin' AWESOME. And you know why? Because once you accept one into your life, they provide you with a lifetime membership into the Beer, Massage, Chocolate and Steak club.

via The Journal of Joe The Peacock. Yay.: How To Actually Talk To Atheists (If You're Christian).

Following a stroke, Chris Birchs personality and sexuality altered dramatically. Now he is trying to rediscover who he is and why these changes may have happened."Its like looking at somebody else, but with my face only younger, and in all fairness, if I met myself Id probably carry on walking."Looking at past pictures of himself, 27-year-old Chris Birch struggles to remember or identify with his old self. He used to be a 19-stone, beer-swilling, party-loving rugby fan from the Welsh valleys, the life and soul of a party. He worked in a bank and loved sport and motorbikes.After a freak accident in 2011, he says he underwent a big change to his personality. He believes that he has gone from being straight to gay.

via BBC News.

I always considered him to be a colossal talent, one of the greatest in the whole history of chess. Each champion has had some sort of speciality, and his is creating counterplay in any position out of absolutely nowhere. He’s got an amazing ability to constantly stretch himself so that even in some kind of Exchange Slav he nevertheless manages to attack something and create something. He also plays absolutely brilliantly with knights, even better than Morozevich – if his knights start to jump around, particularly towards the king, then that’s that, it’s impossible to play against and they’ll just sweep away everything in their path. I noticed it’s better to get rid of them when you’re playing against him. In general, he’s improved a great deal in recent years, at some point after 2002. He’s a chess player of genius, but previously he didn’t work enough, by and large.

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via ChessBase.com

An analysis of 36 years worth of polling data indicates that confidence in science as an institution has steadily declined among Americans who consider themselves conservatives, while confidence levels have been at steadier levels for other ideological groups.

via Cosmic Log.

More...

Gauchat cross-referenced attitudes toward the scientific community with various demographic categories, and found that two categories showed a significant erosion of trust in science: conservatives and frequent churchgoers. People who identified themselves as conservatives voiced more confidence in science than moderates or liberals in 1974, but by 2010, that level had fallen by more than 25 percent.

To put the matter even more pointedly, after all the harm the United States has done in the Arab Middle East over the course of the past decade—not least, the comparatively unremarked fact that the overthrow of Saddam Hussein seems to have led not to democracy but to a world-historical tragedy that will be remembered long after Saddam and Bush have become footnotes: the end of Christianity in Iraq, one of the oldest loci of the faith—the only sensible thing to conclude is that in fact Washington is very bad at promoting democracy, and that, desirable as democracy doubtless is, its gift is not and therefore must not be asserted by influential policy intellectuals to be within America’s grace and favor. And so, though I have no doubts about either Brooks’s or Perriello’s moral seriousness, nor that the world they would like to see would be a far better one than that which we inhabit today, when I read two former members of the U.S. government calling not for an end to democracy promotion and humanitarian military interventions by the United States, but for better forms of both, I really do want to ask them: “Have you no shame?”

via Democracy Journal.

When I read something like this paragraph, I wish I understood the past decade a whole lot better than I do...