Word: spuriousness
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...from a rigorous and mathematical inquiry into nature. The tenets of theology or the moral virtues—the most important knowledge for the soul—may have had greater priority in previous societies. Yet the innovation of our age has been to discredit such matters as necessarily spurious and speculative and thus not the subject of real intellectual activity. What matters to moderns is the data—and in its slavish devotion to the data, science gained its intellectual pre-eminence...
...spent their days barking out orders for shares on the trading floor (actually a U-shaped conference table in a nondescript downtown office) of the Harare bourse, but Zimbabwe's central bank forced the exchange to shut down last November amid allegations of fraud and rampant speculation - allegations deemed spurious by Zimbabwe's small investment-broker community. To be sure, the exchange was producing annual nominal returns of 23 sextillion percent, but Zimbabwe's inflation rate is even higher, rendering the bourse's real return close to -35%. Still, the government was taking no chances. "People took every shortcut...
...Yale. Fletcher co-authored a study suggesting that perceived network effects could be erroneous. Using the same statistical methods as the happiness study, his study found that characteristics like acne, headaches, and height are contagious among adolescents, indicating that the methods used in the happiness study can produce spurious results. “There’s no such thing as a social contagion in height,” Fletcher said. Fletcher and his co-author, B. Cohen-Cole ’95, an economist at the Federal Reserve Bank of Boston, suggested that the happiness study could be biased...
Cass R. Sunstein ’75, a recently appointed professor at Harvard Law School, discussed the poisonous spread of spurious information in a society that is growing ever more technological, and the ramifications of this on the press and the law, in a speech yesterday. Sunstein, whose lecture was in honor of his recent appointment as the Felix Frankfurter Professor of Law, surmised that in an information age when not all sources can be trusted, especially on the Internet, the public will begin “triangulating” its sources, not believing in any one, trusted source...
...newspapers of the arrested reporters are urging government investigators to go after the police and officials who provided spurious information. That's unlikely to happen. At best, the arrests will encourage reporters to "be more careful to double-check sources and do adequate attribution," says Phu of the Saigon Times. At worst, the incident will discourage media coverage of corruption scandals in the future-which won't help Vietnam's leaders in their anti-graft campaign. McHale calls corruption a "cancer" that threatens to eat away at the country's economic gains. "Billions of dollars of FDI (foreign direct investment...