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To: koan who wrote (96785)	4/22/2009 12:55:46 AM
From: Hawkmoon	3 Recommendations Read Replies (2) \| Respond to of 116555

So with academics you get two things you do not get on Wall street: 1) better trained minds 2) they do not care that much about money 3) and the scientific method requires absolute honesty for true results. In fact scientists even go so far as using double blind studies they are so fearful of their findings not being correct. One.. if they have never worked on Wall St, they only have "book learning" to draw upon. Two.. They DO care about money.. Academics are under a lot of pressure to publish in order to maintain their tenure, and a lot of that money comes from gov't and corporate grants, often creating a bias that must be sorted out by the rest of us. Three.. There are lies, damned lies and statistics. I have a great appreciation for technical researchers, innovators, and entrepreneurs. But I don't classify them as "teachers", except by their example. I don't have much regard for those researchers who have already formed an opinion and are now bent upon skewing all available data to back it up. GW'rs are very representative of this, IMO. They spend inordinate amounts of time and money telling us about the dangers of CO2, while ignoring the paleo-climatic record which indicates CO2 levels were FAR HIGHER in the past. They also ignore the fact that biological consumers of CO2, in particular oceanic phytoplankton, have been depleting by up to 30% over the past 20 years. Reduce the ability to absorb atmospheric CO2 and "voila", you suddenly have increased atmospheric levels. Hawk