economic risks
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Recent Women's Health Initiative (WHI) studies demonstrated that hormone therapy carries a number of health risks in woman not considered earlier, such as the increased likelihood of blood clots and stroke. Marcia Stefanick, PhD, professor of medicine at Stanford School of Medicine, served as chair of the WHI steering committee and she continues to analyze the project's data for other ill-effects.
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Environmental Politics and Law (EVST 255) To illustrate the linkages among national security, secrecy, and environmental quality, Professor Wargo describes the Atomic Energy Commission's nuclear tests in the 1950s. The Atomic Energy Commission collected data on the spread of radionuclides from the nuclear tests, and discovered that the radionuclides were circulating around the world. This process of discovery raised issues regarding way...more
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Environmental Politics and Law (EVST 255) The United States government employed a variety of approaches to protect citizens from danger, including public education, nuclear weapons testing, and gathering data about the effects of nuclear testing. The US government's testing of nuclear weapons at the Bikini Atoll is used as an example of government approaches. Nuclear testing led to ecological devastation, leading the US government to mo...more
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Yock mentions a problem - there is a tremendous diseconomy because loss per stent has gone up. There will be serious economic trouble with this new technology, he says.
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Alan Blinder, a Professor of Economics and Public Affairs at the Woodrow Wilson School and co-director of Princeton`s Center for Economic Policy Studies, discusses the financial crisis.
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Environmental Politics and Law (EVST 255) The lecture begins a discussion of present and future energy demands and the ways in which we invest in different forms of energy by focusing on nuclear energy use globally. The risks associated with nuclear energy are described, including risk of human error leading to a mass evacuation event, and the challenges faced in finding an adequate nuclear waste storage facility for the United States. ...more
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Estrin talks about the personal connectivity cycle. The cycle of connecting people is the notion of people being able to connect to each other and connect to information anywhere. This means true mobility and ubiquitous, high bandwidth connectivity, she says. The enablers of this cycle are economic and behavioral. From an IT demand perspective, she explains, the real win is in the consumer devices and services and not in the IT infrastruct...more
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The bubonic plague is the measure by which succeeding epidemics have long been measured. Its extreme virulence, horrible symptoms, and indiscriminate victim profile all contributed to making plague the archetypical worst-case scenario. For these same reasons, the plague is also an ideal test case for the thesis that epidemic diseases play a major role in shaping human history. Over the course of its three pandemics, the plague had major ec...more
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Environmental Politics and Law (EVST 255) During this session, Professor Wargo stresses the importance of considering the persistence of pollutants in the environment. He continues the discussion of the Atomic Energy Commission's (AEC) risk management strategies in the wake of nuclear experiments from 1945-1963, and also introduces risk reduction strategies attempted after the nuclear explosion at Chernobyl. These strategies underestima...more
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Environmental Politics and Law (EVST 255) The United States' fragmented, piecemeal approach to environmental law is presented through the cases that led to the creation of major environmental statutes such as the Clean Water Act and the Resource Conservation and Recovery Act. The variety of federal agencies and levels of government that participate in creating and implementing regulation contribute to the fragmentation of American envir...more
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After bringing together the best team, raising money in tough environments, and establishing and living by core values, says Worthington, Fluidigm focused on launching the product. The product development went much faster than anyone could have hoped and soon they had a product with many important features, including an immediate economic benefit to the customers, he notes.
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Until now, the models we've used in this course have focused on the case where everyone can perfectly forecast future economic conditions. Clearly, to understand financial markets, we have to incorporate uncertainty into these models. The first half of this lecture continues reviewing the key statistical concepts that we'll need to be able to think seriously about uncertainty, including expectation, variance, and covariance. We apply these...more
