Elite Americans desperate to shield their kids from going to an American school

“In Break With Precedent, Obama Envoys Are Denied Extensions Past Inauguration Day” (nytimes) is kind of funny. The reason that politically-appointed ambassadors want to keep their jobs during the reign of the Trumpenfuhrer is that they don’t want their kids subjected to the world’s most lavishly funded schools:

In the past, administrations of both parties have often granted extensions on a case-by-case basis to allow a handful of ambassadors, particularly those with school-age children, to remain in place for weeks or months.

The directive has nonetheless upended the personal lives of many ambassadors, who are scrambling to secure living arrangements and acquire visas allowing them to remain in their countries so their children can remain in school, the diplomats said.

One family might be okay with returning, as long as the kids can attend a private school:

In the Czech Republic, they said, Ambassador Andrew H. Schapiro is seeking housing in Prague as well as lobbying his children’s Chicago-based school to break with policy and accept them back midyear.

(I’m going to assume that a public school in the Chicago area has to accept kids no matter when they show up.)

All of this raises another question… we now have nationwide “Common Core” standards for public schools, right? Yet from talking with K-12 students it seems that different school districts, even ones within the same state, teach things in different orders. Why isn’t there a nationwide standard syllabus so that a student who moves from one Common Core school to a different one is not out of sync by more than a week or two (the two schools might have different calendars)? If there is some advantage to a specific order of material, why can’t the school that has developed that export it to everyone else?

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Medical School 2020, Year 1, Week 13

From our anonymous insider..

We finished respiratory physiology with a lecture on arterial blood gases. Breathing allows the infusion of oxygen into the bloodstream and the removal of carbon dioxide produced by cellular metabolism. The respiratory rate is normally regulated by the amount of carbon dioxide in the blood, not by the amount of oxygen. CO2 is tightly regulated because carbon dioxide determines the pH of the blood. Remember that soda contains carbonic acid. When the can is cracked, carbonic acid is converted into CO2 and water, i.e., fizzy water. The reverse process, of CO2 in the blood turning into carbonic acid, results in acidic blood. The body tries to maintain a slightly basic blood pH of 7.4.

My favorite trauma surgeon used some of her patient experiences as case studies to describe the different permutations of arterial blood gas states. In one example, a drunk 18-year old falls three-stories. He is found unconscious, not breathing, with O2 saturation (sat) levels severely depressed at 60%, and CO2 levels severely elevated. The patient is suffering from respiratory acidosis. As the patient is transported to the hospital in an ambulance, his O2 sat rises to 80%, but CO2 has dropped below normal. The high-school-age EMT raised the patient’s oxygen saturation levels with the breathing bag, but was squeezing it too quickly, causing increased expiration of CO2 and respiratory alkalosis.

The patient case was “John,” a 40-year old male suffering from life-threatening asthma since the age of four. Growing up, his condition was successfully managed by the family pediatrician. John’s father was a teacher and John emphasized how this doctor had tailored the treatment and medications to his family’s modest budget, e.g., by finding low-cost alternative medications and free samples. In college, the asthma spiraled out of control. “I saw a PCP [primary care provider] at college once. The guy immediately insulted my pediatrician saying the way I was managing my asthma was terrible.” The PCP scoffed when John said the treatments were working well for him. John never went back and lost touch with the medical system. As his uncontrolled asthma began to worsen (John now admits the college PCP might have been right), he used home remedies. When he was having an asthma attack at night, he would brew a large pot of coffee and sit outside on the porch in the middle of the freezing night drinking cups of coffee with his plump pug (caffeine would relax his bronchioles). “I probably should have gone to the ED many times,” John said, “but I would push the limits. Also, I knew how much it would cost me so I gulped that coffee.”

John’s asthma said that his asthma improved after he “moved and started a new job,” enabling him to see the pulmonologist sitting next to him. It turned out that the “new job” was a cardiology fellowship and the pulmonologist was his attending. She joked that her fellow/patient was non-compliant and John admitted that it was difficult to find time to take care of himself. He sees patients as part of the fellowship, has two toddlers at home, and moonlights at the VA to support his family (a fellow earns about $60,000 per year). John noted some additional financial pressure from a recent regulation requiring eliminating Ozone-depleting chlorofluorocarbons from the inhalers’ ejection mechanism. Although the drug itself was the same, this slight tweak to the mechanism allowed pharmaceutical companies to re-patent medications that formerly had generic competition. Prices soared from single digits to hundreds of dollars per inhaler. John said his insurance now covers most of it, but many patients have to pay out-of-pocket due to high deductibles. John noted that for some patients the inhalers can cost more than their mortgage payment, leading to abandonment of the optimal medications. John emphasized the need to listen to patients: “If they say something is working, don’t brush it aside like the college PCP.”

Anatomy lab was incredible, by far the most fascinating day thus far in medical school. After an early morning excursion with Jane to pick up pastries at our favorite breakfast place, we entered the cadaver lab where a fresh pig’s heart from the local butcher awaited each student. The human hearts we removed last week were preserved for a later date once we can appreciate pathological conditions. We were quite timid at first. The surgeons and cardiologists went over and gave us a little instruction about where to make the first scalpel stroke, then said “just enjoy exploring wherever your heart desires.” As soon as we opened the hearts, which we’re told are almost identical to a human’s, we saw an unfamiliar environment. Tendinous fibers, also known as heart strings, criss-crossed in the ventricular chambers connecting the atrioventricular valves to papillary muscles on the heart chamber wall. We rubbed the translucent leaflets of the heart valves in between our fingers. I saw and felt the beautiful tree-like muscular protrusions of the ventricular wall that help guide the flow to their destination, shattering my vision of the interior heart as a smooth surface.

Afterwards my favorite trauma surgeon gave a lecture on the aging heart. She described how the current generation of physicians were all trained on a younger population. Now, when physicians apply this standard of “normal” to older patients, many normal aging processes are diagnosed as pathological. For example, during aging the whole long axis of the heart begins to shorten. This is often misconstrued and overdiagnosed as a pathological state. She cautioned, “Get used to this. You are going to be dealing with an older population.”

Last week’s ear infection patient and I now share something: fleas. I have decamped to Jane’s house until the fumigators can come. The physician with whom I saw the toddler calmly said, “It happens sometimes. Downside of seeing kids.”

Statistics for the week… Study: 12 hours. Sleep: 7 hours/night, fleas kept me up one night; Fun: no downtown outings. Example fun: movie night with Jane bedtime 9:00 pm.

The Whole Book: http://tinyurl.com/MedicalSchool2020

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Who has tried out the new Herman Miller Aeron Chair?

Folks:

Herman Miller says that they’ve improved the design of their Aeron chair so that it now looks exactly the same but works better (presumably there is at least a higher price that works better for Herman Miller shareholders?).

Has anyone tried the “Aeron Remastered” for an extended period of time? (e.g., a whole day of typing)

Thanks in advance for any feedback.

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What did the people in the book Hidden Figures do?

The movie Hidden Figures is out in theaters. We’re planning on going to the theater as soon as our presence is not required in the house every single evening, i.e., in 2033. I looked at the book on which the movie is based last night. This title is Hidden Figures: The American Dream and the Untold Story of the Black Women Mathematicians Who Helped Win the Space Race. I.e., it contains the word “mathematicians.”

I majored in math in college due to a mistaken belief that I was intelligent. So I was eager to see some equations. Yet the book is solid prose. The only numbers are page numbers, basically. Certainly there are no equations. Instead of the festival of LaTeX that I expected, the book could have been authored via text message.

So… what did the NASA employees chronicled in this book actually do?

[Note that I was myself a NASA employee in 1978(!), developing a database management system for Pioneer Venus Orbiter data to support physicists writing analysis code. The PDP-11/70 that I used has disappeared because hardware engineers have made so many advances since the mid-1970s. The computer language that we used, however, which was developed by John Backus in 1957, is alive and well today. What does the survival of Fortran tell us about progress in computer software and computer science?]

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Tail of procedures, litigation, and reportage following encounter between two Stanford students

This New York Times article covers what happened after

The case involved a woman, a sophomore, who had met a player on Stanford’s powerhouse football team at a fraternity party one Saturday night. They went back to her room where, she said, he raped her. He said they had consensual sex.

There was a hearing in front of the university’s kangaroo court in 2015. Then there was some litigation in a government-run courthouse: “After the case ended, she sought a temporary restraining order in state court against the man.” Now there is this epic-length New York Times story with more than 1400 comments (here’s mine:

This is a good argument for colleges to stop running sports teams, dormitories, etc. If they were to focus on teaching they could probably do a better job at it. With all students living in private housing, an alleged rape (unless it occurred in a lecture hall during a lecture) would be purely a matter for government law enforcement personnel.

Even before we add rape adjudication into the mix, how can managers who are trying to run a Four Seasons-grade hotel and restaurant complex and also NFL/NBA/MLB-grade sports teams also have attention left over to try to improve the way that education is delivered?

).

[I wonder if my comment is correct, though. The Obama Administration in 2011 ordered colleges standing under the shower of federal cash (e.g., loan subsidies) to set up kangaroo courts. Might that order apply even to a college with no dorms or sports? So the college with no way to monitor what students are doing after class has to set up a court to hear about stuff that happened off campus?]

How much administrative and legal process and media attention can a society afford to invest in after late-night private encounters between 20-year-olds before it becomes a serious drag on GDP growth?

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How can investors make money on higher minimum wage laws?

Massachusetts has raised its minimum wage for 2017 to $11/hour, up from $8/hour. This won’t have much effect in the Boston area but it should cut down on employment in the already-blighted central and western portions of the state. With benefits and taxes a full-time minimum wage worker will cost $30,000/year or more, right? Plainly there are plenty of American workers who don’t generate an extra $30,000 per year in additional revenue for a business and there are plenty of businesses for which it would be tough to find any workers that can generate $30,000 per year in additional revenue.

We can cry about America’s declining labor force participation rate or we can optimize our portfolio to adjust to reality.

With more people excluded by law from the labor force there will be more entitlement to public housing, so cities and states will have to build more. Is there a public company that builds free houses for lower-income Americans? How about buying stock in cable TV companies? Fewer people in the workforce means more are watching TV, right? People who don’t have jobs can drink more beer, right? What are the publicly traded companies that sell the most beer to low-income or no-income Americans?

Fast food chains and big retailers have lower labor costs, as a percentage of sales, than quaint local businesses (one source). If we assume that two local coffee shops die and are replaced by one Dunkin Donuts, that should be good for Dunkin’s, right? The company will have lower real estate costs due to less competition from independent shops and higher sales. Local retail is already under pressure and higher minimum wage laws should further tip the scales in favor of Walmart, Costco, and Amazon. Buy these stocks?

What about betting against commercial real estate? If businesses that can’t afford higher labor costs shut down there will be less demand for space and rents won’t grow as rapidly as previously planned. This seems risky due to immigration-driven population growth. With a forecast population of 441 million in 2065 and the same amount of land it is tough to see how owners of land zoned for retail are going to suffer.

Readers: any better ideas for investors in this new labor market landscape?

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New Jet Ranger certified

A couple of weeks ago, Bell got its new 5-seat Jet Ranger 505 certified (press release; product page). The machine will be built in Quebec, rather than the originally planned factory in Louisiana. Otherwise the development seems to have gone as scheduled, a remarkable achievement.

With air conditioning and other non-optional options, the out-the-door price seems to be roughly $1.3 million. Presumably due to the collapse of the worldwide helicopter market, occasioned by the stagnation in oil prices that limits offshore production, Bell has not raised the price from what it was offering back in 2014 at Heli-Expo. That means a used steam-gauge Bell 407, which can seat 7, is now available for less than the cost of a new Jet Ranger.

Aviation-oriented readers: What do you think? When a used old-style Jet Ranger can be had for $400,000 (example), is there going to be a strong market for this new design? The new design has many improvements, but are they sufficient to justify the extra cost? (the old Jet Ranger will need more maintenance, of course, but perhaps the extra cost will be roughly the same as the difference in cost of capital and insurance)

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