Archive for May 3rd, 2013

Ouch: Columbia b-school prof blasts academic research …

May 3, 2013

The blog InDecision posted the “presidential address” given at the conference of the Society for Consumer Psychology by Columbia Professor Michel Tuan Pham.

In his preamble, he bluntly questioned both the “external and internal relevance” of the research that he and his colleagues publish.

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First, his perspective on external relevance … 

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Nums: The April jobs report … Sequester creates jobs?

May 3, 2013

Here’s the headline: “Non-Farm Payrolls Rise More Than Expected, Up by 165,000 in April; Unemployment Rate Drops to 7.5%”.

I guess that the Sequester – rather than inhibiting job growth – actually spurred job growth.

Not really.

But, it means team Obama will have to re-write its press release for today.

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Reminder: April ADP’s number was  159k … 30k below the consensus forecast … and, ADP revised March down by about 20k jobs..

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Nums: Is predictive analytics winning battles, not wars?

May 3, 2013

Peggy Noonan has a piece in the WSJ today that I almost skipped.

You know, another  “Is Obama a Lame Duck?” piece.

Buried in the column was a riff about predictive analytics that caught my eye.

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It pointed out one of the downsides of  predictive analytics … the craft  of crunching big data bases to ID people, their behaviors and their hot buttons.

Here’s what Noonan had to say …

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