The Fields medal is know as the Nobel of mathematics. Tim Gowers was awarded the Fields medal in 1998 for contributions to functional analysis, making extensive use of methods from combinatorial theory. Tim Gowers is currently the Rouse Ball Professor of Mathematics at Cambridge University. He posted recently on his decision to stop supporting (with his actions, such as submitting paper and reviewing papers) the anti-open-science behavior of Elsevier (a particularly aggressive anti-open-science publisher that also has very bad pricing practices).
Elsevier — my part in its downfall
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Elsevier supports many of the measures, such as the Research Works Act, that attempt to stop the move to open access. They also supported SOPA and PIPA and lobbied strongly for them.
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I also don’t see any argument at all against refusing to submit papers to Elsevier journals.
So I am not only going to refuse to have anything to do with Elsevier journals from now on, but I am saying so publicly. I am by no means the first person to do this, but the more of us there are, the more socially acceptable it becomes
Good for him. All we need is for more and more scientists, mathematicians and engineers to support open science with thier actions and open science will be the way things are. It is as simple as that. The outdated business practices of the old journals will die. Either the existing publishers will finally give up on their extremely outdated practices or they will be replaced.
Related: The Architecture of Access to Scientific Knowledge – Merck and Elsevier Publish Phony Peer-Review Journal – The Future of Scholarly Publication (2005) – Science Journal Publishers Stay Stupid (2007) “It is time for the scientific community to give up on these journals and start looking to move to work with new organizations that will encourage scientific communication and advancement”

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Compounding is the Most Powerful Force in the Universe
Posted on December 8, 2008 Comments (2)
A talking head with some valuable info. I remember my father (a statistics professor) getting me to understand this as a small child (about 6 years old). The concept of growth and mathematical compounding is an important idea to understand as you think and learn about the world. It also is helpful so you understand that statistics don’t lie but ignorant people can draw false conclusions from limited data.
It is unclear if Einstein really said this but he is often quoted as saying “compounding is the most powerful force in the universe.” Whether he did or not, understanding this simple concept is a critical component of numeracy (literacy with numbers). Also quoted at times as: “Compound interest is the eighth wonder of the world.” My guess is that people just find the concept of compounding amazing and then attribute quotes about it to Einstein.
I strongly encourage you to watch at least the first 2 segments (a total of 15 minutes). And then take some time and think. Take some time to think about compounding in ways to help you internalize the concepts. You can also read his book: The Essential Exponential For the Future of Our Planet by Albert Bartlett.
Related: Playing Dice and Children’s Numeracy – Saving for Retirement (compound interest) – Bigger Impact: 15 to 18 mpg or 50 to 100 mpg? – Sexy Math – The Economic Benefits of Math
Categories: Economics, Math, quote, Science, Students
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