… What can economists possibly have to say about something as emotional, as nuanced, as humane, as parenting? Well, let me say this: because economists aren’t necessarily emotional (or, for that matter, all that nuanced or humane), maybe they’re exactly the people we need to sort this through. Maybe.
You may remember that we wrote a bit about parenting in Freakonomics; now we’ve put together an entire roundtable of economists to talk about a great many elements of child-rearing, with one essential question in mind: how much do parents really matter, and in what dimensions? …
All parents should listen to the audiocast linked above. It’s a shocker. They conclude that parents have remarkably little influence on how their children turn out.
The current research shows that parenting has little influence on a child’s educational attainment and on how much money the child will earn. Reading to your child doesn’t help, taking them to museums doesn’t help …
It does show that a parent can have a significant influence on whether your child smokes, is a heavy drinker, treats others with kindness and how happy your child is. Children with loving nurturing parents will be happier.
… But music lessons are simply a point of friction and unhappiness for both parent and child.
I really enjoyed a complimentary outdoor Salmon dinner yesterday.
… The event is organized by Robert Clark, sustainable fish advocate and chef of divine cuisine, who teamed up with Pacific Salmon Foundation to celebrate pink salmon as one of British Columbia’s most sustainable seafoods. A total of 1.5 tonnes of free, barbecued-to-perfection pinks were prepared and served by chefs to hundreds of visitors …
Rockin’ was one of the chef / evangelists.
Denzel had a booth selling their barbecue sauces. He’s attending Barbecue on the Bow next weekend.
“60 Minutes” … weighed in with a thoughtful segment on the mortgage mess involving faulty or fraudulent mortgage paperwork. (Deal Journal readers previously have dubbed this the “Fauxclosure Crisis.”)
The news magazine program went in search of “Linda Green,” a woman in rural Georgia whose signature was on thousands on mortgage documents as a vice president of more than 20 banks — at the same time. Linda Green told “60 Minutes” she had never been a bank vice president, but was dubbed one by an alleged mortgage sweatshop because her name was short and easy to spell.
The most astute Steve Jobs tribute I’ve read is by MG Siegler on the incredibly ugly redesigned TechCrunch:
… For years, all we’ve heard is about how when Steve Jobs was no longer head of Apple, the stock would be destroyed. The actual result? A 0.65 percent loss for the day. The broader Nasdaq index actually did much worse: a 1.95 percent loss. Had the market risen today, Apple probably would have closed up.
Think about that for a second: the day after Steve Jobs steps down as CEO of Apple, Apple’s stock could have easily risen. ..
… Apple just had its best quarter ever. The iPhone, released just four years ago, is now their most important product. The iPad, released just last year, is a bigger business than the Mac. Earlier this month, Apple pushed past Exxon as the most valuable company in the world. This is Sandy Koufax retiring. This is Barry Sanders retiring. This is John Elway hanging it up after winning two Super Bowls in a row. This is Rocky Marciano walking away undefeated.
In his resignation letter, Jobs says that he believes “Apple’s brightest and most innovative days are ahead of it.” And maybe that will indeed be true. But if it is true, it will be in spite of his departure.
But those words are also why I think this resignation may be Jobs’ final masterstroke. …
… On the other hand, the Molly RantMango review was lukewarm, at best:
… it’s the end of my second week of life with Windows Phone 7 Mango, and it’s time to render a verdict. I should say at the outset that two weeks doesn’t sound a lot of time to live with an entirely new platform, and I might have lasted longer but for serious problems with the HTC Trophy I’ve been using (one-day record for spontaneous reboots: 15, including three in 15 minutes). …
So, what’s the verdict? It’s like, but it’s not love. This is not going to be my next smartphone. …
I still think the phone market will shake down to 3 strong options in this order:
1) Android
2) Apple
3) Windows
Google bought Motorola mobile for $12.5 billion. This way they’ll have more control over the hardware, as Apple does.
Blackberry may hold on to some niche business market.