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Archive for July, 2009

Philosophical Mathmatics, a $73 million New York hedge fund, 3.14159 – Pi, and Sonnets.  Strange bedfellows?  

Not in these days.  -doc-

al lewis | columnist

Sonnets Served With a Slice of pi

By Al Lewis

Denver Post Staff Columnist

Posted: 07/15/2007 01:00:00 AM MDT

Lee Slonimsky, who runs a $73 million hedge fund in New York, shows up at my office with a book of sonnets.

He’s a risk-adverse quant. A conservative investor who trades according to mathematical models and recurring trading patterns. He’s also a published poet.

His latest book, published in January by Orchises Press of Alexandria, Va., is called “Pythagoras in Love.”

“It’s about seeing the world through the eyes of a famous mathematician who thought almost continuously in terms of numbers,” Slonimsky said. “You can’t do quantitative trading for 15 years and not kind of get into that mindset.”

Most people I know hate math. Slonimsky, 56, writes poems about it. More specifically, he writes sonnets, which are typically associated with love.

They are also among the most classical forms of poetry, written by literary legends such as Milton, Shakespeare, Keats and Shelley. They traditionally have 14 lines and 10 beats per line.

“It’s kind of like doing crosswords,” Slonimsky said with only a slight smile.

His poems have appeared in The New York Times, The Carolina Quarterly, Connecticut Review, Poetry New York and other journals. They combine metaphors from nature with%

via Sonnets served with a slice of pi – The Denver Post.

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perspective

Debunking Canadian Health Care Myths

By Rhonda Hackett

Posted: 06/07/2009 01:00:00 AM MDT

Jun 7:

What do we pay for, anyway?  As a Canadian living in the United States for the past 17 years, I am frequently asked by Americans and Canadians alike to declare one health care system as the better one.

Often I’ll avoid answering, regardless of the questioner’s nationality. To choose one or the other system usually translates into a heated discussion of each one’s merits, pitfalls, and an intense recitation of commonly cited statistical comparisons of the two systems.

Because if the only way we compared the two systems was with statistics, there is a clear victor. It is becoming increasingly more difficult to dispute the fact that Canada spends less money on health care to get better outcomes.

Yet, the debate rages on. Indeed, it has reached a fever pitch since President Barack Obama took office, with Americans either dreading or hoping for the dawn of a single-payer health care system. Opponents of such a system cite Canada as the best example of what not to do, while proponents laud that very same Canadian system as the answer to all of America’s health care problems. Frankly, both sides often get things wrong when trotting out Canada to further their respective arguments.

As America comes to grips with the reality that changes are desperately needed within its health care infrastructure, it might prove useful to first debunk some myths about the Canadian system.

Myth: Taxes in Canada are extremely high, mostly because of national health care.

In actuality, taxes are nearly equal on both sides of the border. Overall, Canada’s taxes are slightly higher than those in the U.S. However, Canadians are afforded many benefits for their tax dollars, even beyond health care (e.g., tax credits, family allowance, cheaper higher education), so the end result is a wash. At the end of the day, the average after-tax income of Canadian workers is equal to about 82 percent of their gross pay. In the U.S., that average is 81.9 percent.

Myth: Canada’s health care system is a cumbersome bureaucracy.

The U.S. has the most bureaucratic health care system in the world. More than 31 percent of every dollar spent on health care in the U.S. goes to paperwork, overhead, CEO salaries, profits, etc. The provincial single-payer system in Canada operates with just a 1 percent overhead. Think about it. It is not necessary to spend a huge amount of money to decide who gets care and who doesn’t when everybody is covered.

Myth: The Canadian system is significantly more expensive than that of the U.S.Ten percent of Canada’s GDP is spent on health care for 100 percent of the population. The U.S. spends 17 percent of its GDP but 15 percent%2

via Debunking Canadian health care myths – The Denver Post.

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