Animal Madness
“Animal Madness” – Worth
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A Picture of Scientific Publication Bias
ByadminBecause so much of human thinking is dichotomous, even though so much of the real world exists on a continuum, we have strange phenomena like the one illustrated in the picture below. The picture shows the significance values of research findings, and reveals that there are many more articles published where the statistical significance of…
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ByadminAs a science, economics does not always succeed at predicting how humans behave. The discipline assumes a level of rationality, and an ability to process complex information, that far exceeds human capacity. But as a standard for how people ought to behave, economics provides an excellent set of lessons. Consider the economic principle of consistency in financial…
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ByadminThe Affordable Care Act has done a lot to increase the proportion of Americans with health insurance. I’ve posted a lot of those figures in the past. But here is some data, published by a former student of mine, showing that the law doesn’t seem to be having a huge impact yet on people ages…
Doctors with Strong Financial Ties to Pharma Are Found More Likely to Prescribe Brand-Name Drugs
ByadminShutterstock Generic cholesterol pills are probably better for most patients than brand-name medications because the lower cost of generics increases the chance the patients will take the pills every day. Yet some physicians primarily prescribe expensive brand-name drugs like Lipitor and Crestor. According to a recent study of physicians in Massachusetts, about a quarter of…