Progress and problems...
Womenomics in Japan
Progress and problems...
Anxiety increasing among young people
Anxiety is the most common mental-health disorder in the United States, affecting nearly one-third of both adolescents and adults, according to the National Institute of Mental Health. But unlike depression, with which it routinely occurs, anxiety is often seen as a less serious problem...
...Over the last decade, anxiety has overtaken depression as the most common reason college students seek counseling services. In its annual survey of students, the American College Health Association found a significant increase — to 62 percent in 2016 from 50 percent in 2011 — of undergraduates reporting “overwhelming anxiety” in the previous year. Surveys that look at symptoms related to anxiety are also telling. In 1985, the Higher Education Research Institute at U.C.L.A. began asking incoming college freshmen if they “felt overwhelmed by all I had to do” during the previous year. In 1985, 18 percent said they did. By 2010, that number had increased to 29 percent. Last year, it surged to 41 percent....
For many of these young people, the biggest single stressor is that they “never get to the point where they can say, ‘I’ve done enough, and now I can stop,’ ” Luthar says. “There’s always one more activity, one more A.P. class, one more thing to do in order to get into a top college. Kids have a sense that they’re not measuring up. The pressure is relentless and getting worse.”...
Among many teachers and administrators I spoke to, one word — “resiliency” — kept coming up. More and more students struggle to recover from minor setbacks and aren’t “equipped to problem-solve or advocate for themselves effectively,” a school counselor in suburban Oregon told me. In the last few years, the counselor said, she has watched in astonishment as more students struggle with anxiety — and as more of those “stop coming to school, because they just can’t.”
Latin American experience teaches that populists are easily underestimated and can stay in power for a long time. But not forever. Populist regimes are often corrupt and spendthrift, and usually fail to make people better off. Whatever the example from the White House, Latin American history shows that populist nationalism is a recipe for national decline. That is the message liberals need to hammer home.
Bass on Trump
Bass, like PM Harper, thinks Trump is going to push back hard on China wrt to trade.
This is a test of the Generalized Protective Momentum (GPM) strategy from JW Keuning and Wouter Keller. The strategy builds off of the authors’ popular Protective Asset Allocation (PAA) model.
Productivity gains in LTO continue
Examining the headline plays in the United States, the amount of oil and associated gas that can be brought out of the ground with the grinding pipes and bits of one rig has increased in the range of four-fold since 2012.
Take for example the oil-soaked Permian Basin in Texas. Back in 2012 a rig working in the region for one month could drill enough rock to add 150 BOE/d of average production. Four years later the output from one drilling rig was over 600 BOE/d. In the prime postal codes of the Eagle Ford, the rates are over 1,600 BOE/d! No wonder the OPEC-and-friends cartel is concerned about what’s happening on this side of the world.
The reasons for the productivity improvements are many: Drilling faster and more accurately; employing new-age, alternating-current (AC) electric rigs; migrating to development drilling on multi-well pads; using rigs that “walk” and move quickly from one location to the next; high-grading of prospects to the best areas; and realizing learning-curve effects from completion technologies that are leading to more production from each well. .....
It’s early days yet. Productivity gains have been impressive in a short period of time, in select areas of the vast WCSB. Learning curve effects are just starting to kick in, so the reserve and production potential of natural gas and low-carbon liquids in the wider WCSB is looking promising.
In past columns I’ve made the claim that the recent upturn in the Canadian oil and gas industry – increasing capital expenditures and rig counts – is being driven by innovation, efficiency and speed to market. The Canadian rig productivity data helps to validate that claim, and explains the shift in investment emphasis away from the oil sands toward resource plays in Saskatchewan, Alberta and BC.
Some posts on Psychology
If there is a reason to live, maybe it is just in the relating to one another and making beautiful art.
Diversity exposure makes you smarter.
People who swear a lot are more honest.
When you first meet someone you are judged as to whether they can trust you and whether you are competent.
Why it is so hard to change people's minds.