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	<title>Science Ain&#039;t So Bad &#187; Economics</title>
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	<link>http://scienceaintsobad.com</link>
	<description>science, medicine, technology. If it&#039;s science, it&#039;s funny!</description>
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		<title>Iranian Scientist Says Ouch!</title>
		<link>http://scienceaintsobad.com/archives/5257</link>
		<comments>http://scienceaintsobad.com/archives/5257#comments</comments>
		<pubDate>Fri, 27 Aug 2010 23:33:23 +0000</pubDate>
		<dc:creator>MISTER Science Ain't So Bad</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Public Policy]]></category>

		<guid isPermaLink="false">http://scienceaintsobad.com/?p=5257</guid>
		<description><![CDATA[FREEDOM OF SCIENCE. IN IRAN. Thinking about being a physicist in Iran? Can&#8217;t blame you. It sounds like a really, great life. Hashem Rafii-Tabar  ( Institute for Research in Fundamental Sciences)  says nobody&#8217;ll talk to you. You can&#8217;t get invited to scientific meetings. Can&#8217;t buy equipment or supplies and yer gonna pay double if you [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;">
<div id="attachment_5429" class="wp-caption alignnone" style="width: 310px"><img class="size-medium wp-image-5429" title="747px-Crossroads_Arkansas_Toss" src="http://scienceaintsobad.com/wp-content/uploads/2010/08/747px-Crossroads_Arkansas_Toss1-300x240.jpg" alt="" width="300" height="240" /><p class="wp-caption-text">SANCTIONS MAKE A SPLASH</p></div>
<p style="text-align: center;">
<p style="text-align: center;"><strong>FREEDOM OF SCIENCE. </strong><strong>IN IRAN.</strong></p>
<p>Thinking about being a physicist in Iran?</p>
<p>Can&#8217;t blame you. It sounds like a really, great life.</p>
<p>Hashem Rafii-Tabar  ( Institute for Research in Fundamental Sciences)  says nobody&#8217;ll talk to you. You can&#8217;t get invited to scientific meetings. Can&#8217;t buy equipment or supplies and yer gonna pay double if you do.</p>
<p style="text-align: center;"><strong>WHY?</strong></p>
<p>Cause sanctions &#8211; those very same sanctions that, supposedly &#8220;don&#8217;t work&#8221; &#8211; are KILLING research in that garden of scientific freedom known as Iran.</p>
<p>In case you&#8217;re not up to speed on all this, unless western intelligence is VERY much mistaken (and, no, it would NOT be the first time), Iran is closing in on a nuclear device which could be an atomic bomb.</p>
<p>Could be a hydrogen bomb.</p>
<p>Could be a time machine.</p>
<p>Or not.</p>
<p>Cynical western countries certainly don&#8217;t &#8220;get&#8221; all the centrifuges, missiles, and other activities which they say are aimed ONLY at nuclear bang bang.</p>
<p>Iran says it&#8217;s a simple case of demonization of Israel&#8217;s rivals. A country has the right to its own science and Iran&#8217;s only thinking about its future energy needs.</p>
<p>Who&#8217;s the fibber here? <strong>MisterScienceAintSoBad</strong> wouldn&#8217;t know fer sure. But he tilts toward the West cause he&#8217;s brainwashed by the Boston Globe.</p>
<p>Nobody knows for sure. Maybe Iran&#8217;s just &#8220;blowin&#8217; neutrons&#8221;. But,just to be on the safe side, the &#8220;world&#8221; is clamping down hard on Iran. Four UN resolutions. And the European Union has its own sanctions regime.</p>
<p>North Korea thinks it&#8217;s somewhat overdone.</p>
<p>Can&#8217;t please everybody.</p>
<p style="text-align: center;"><strong>MEANWHILE..</strong></p>
<p>Rafii-Tabar says the sanctions are screwing up his life.  &#8221;You cannot buy workstations or supercomputers.” Can&#8217;t even get free software. Click on a link and the Internet &#8220;recognizes the IP address as being in Iran and a message comes through that we cannot download.”</p>
<p>Can you imagine?</p>
<p><strong>MISTER ScienceAintSoBad</strong> believes in freedom of science, freedom of the Internet, freedom of the airwaves.. well, you know. And sympathizes with the many, many modern, progressive Iranian men and women who are so frustrated by the consequences of decisions in which they did not and could not participate.  It would be just AWFUL if Iranian scientists felt they had to flee the country just so they could rejoin the scientific community.</p>
<p>Wouldn&#8217;t it?</p>
<address>Credits</address>
<address>News source:</address>
<address><a href="http://ptonline.aip.org/journals/doc/PHTOAD-ft/vol_63/iss_8/22_1.shtml?bypassSSO=1">Physics Today</a></address>
<address>Photo:</address>
<address></address>
<p><a rel="license" href="http://creativecommons.org/licenses/by-sa/3.0/"><img style="border-width: 0;" src="http://i.creativecommons.org/l/by-sa/3.0/88x31.png" alt="Creative Commons License" /></a><br />
This work is licensed under a <a rel="license" href="http://creativecommons.org/licenses/by-sa/3.0/">Creative Commons Attribution-ShareAlike 3.0 Unported License</a>.</p>
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		<title>LEAVE TAXES TO THE SCIENTISTS</title>
		<link>http://scienceaintsobad.com/archives/4587</link>
		<comments>http://scienceaintsobad.com/archives/4587#comments</comments>
		<pubDate>Tue, 22 Jun 2010 12:30:34 +0000</pubDate>
		<dc:creator>MISTER Science Ain't So Bad</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Laffer]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://scienceaintsobad.com/?p=4587</guid>
		<description><![CDATA[MISTERScienceAintSoBad doesn&#8217;t write about economics much. It is a science. But nobody seems to BELIEVE it. So I get dirty looks when I write about it. Still. Economics has its uses. Right now the US economy&#8217;s suffering from serious butt-drag as it recovers (Please ScienceGod) from the recession. So, naturally, some want to stimulate things [...]]]></description>
			<content:encoded><![CDATA[<p><img class="size-medium wp-image-4638" title="ADynamicTaxIdea" src="http://scienceaintsobad.com/wp-content/uploads/2010/06/ADynamicTaxIdea-208x300.png" alt="" width="208" height="300" /></p>
<p style="text-align: left;"><em><strong>MISTERScienceAintSoBad</strong></em><em> doesn&#8217;t write about economics much. </em><em>It is a science. But nobody seems to BELIEVE it. So I get dirty looks when I write about it.</em></p>
<p style="text-align: left;"><em>Still. Economics has its uses.</em></p>
<p style="text-align: left;"><em>Right now the US economy&#8217;s suffering from serious butt-drag as it recovers (Please ScienceGod) from the recession. So, naturally, some want to stimulate things a little more. Course, the other side of it is that there&#8217;re concerns about raising revenues so the government doesn&#8217;t go broke.</em></p>
<p style="text-align: left;"><em>Is it possible to do both? Can you lower taxes (tax RATES, that is) and still make a buck doing it? Can we separate the politics and the BS from the EVIDENCE?</em></p>
<p style="text-align: left;"><em>A thought experiment:</em></p>
<p style="text-align: center;"><strong>EINSTEIN&#8217;S ELEVATOR.</strong></p>
<p>In 1905, Albert Einstein was <a href="http://findarticles.com/p/articles/mi_m1134/is_9_111/ai_93611621/pg_3/">thinking about elevators</a>.</p>
<p>&#8220;Whoa!,&#8221; he said. &#8221; I shove my physics professor into a falling  elevator. He says &#8216;what a cool little room with no gravity.&#8217;  When it hits bottom? No more elevator. No more Herr Kleiner. No more finals.&#8221;</p>
<p>&#8221; This is my happiest thought,&#8221; Einstein said.</p>
<p>Smart guy, that Einstein.</p>
<p style="text-align: center;"><strong>LAFFER&#8217;S CURVE.</strong></p>
<p>Thought experiments aren&#8217;t limited to physics.</p>
<p>At a 1974 meeting, Arthur Laffer, an economist from the University of Chicago&#8217;s <em>Graduate School of Business</em>, took out his ballpoint pen &#8211; the one with the American flag on it. He drew a curve on a napkin for an attentive Dick Cheney and Donald Rumsfeld. President-to-be Gerald Ford was there too.</p>
<div id="attachment_4620" class="wp-caption alignleft" style="width: 310px"><img class="size-medium wp-image-4620" title="thecurve" src="http://scienceaintsobad.com/wp-content/uploads/2010/06/thecurve1-300x218.png" alt="" width="300" height="218" /><p class="wp-caption-text">SIMPLE!</p></div>
<p>&#8220;Not to oversimplify, but couldn&#8217;t we oversimplify the way taxes are calculated?,&#8221; he said. &#8220;Mind if I use yer napkin?&#8221;</p>
<p>&#8220;uh..&#8221;</p>
<p>&#8220;Two axes, OK? The one going up? That&#8217;s all the revenues for the government. Then.. crap! Pencil broke. could you pass me that one? Then, across the page are tax rates, OK?&#8221;</p>
<p>&#8220;See on the left where I put the zero? That&#8217;s where we show how much revenue we make if we don&#8217;t charge any taxes.&#8221;</p>
<p>&#8220;Dick? You&#8217;re a smart guy, how much would that be?&#8221;</p>
<p>&#8220;Uh..&#8221;</p>
<p>&#8220;EXACTLY! There wouldn&#8217;t BE any revenues because the tax rate is ZERO! Now look at the other extreme. What if we charge a hundred percent taxes? What then?&#8221;</p>
<p>&#8220;Dick?&#8221;</p>
<p>&#8220;Isn&#8217;t that a little edgy?&#8221;</p>
<p>&#8220;EXACTLY, Dick! Would you (or any Republican you know) go to work every day, knowing you don&#8217;t get to keep a penny?&#8221;</p>
<p>&#8220;How much power would I have?&#8221;</p>
<p>&#8220;Forget power, Rumsfeld. You&#8217;re overcomplicating things. This is a THOUGHT experiment.&#8221;</p>
<p>&#8220;No power?&#8221;</p>
<p>&#8220;Do you see power along that axis? Try to focus. OK, man?&#8221;</p>
<p>Rumsfeld adjusted his tie.</p>
<p>&#8220;So. You&#8217;re with me, so far, right? 100% taxation &#8211; government revenues go to zero. Same with 0%. &#8221;In between there&#8217;s a curve. It rises up and then it falls back down. We&#8217;ll label the peak &#8216;Equilibrium&#8217;. Ok?&#8221;</p>
<p>&#8220;This is a nice  SCIENTIFIC way to understand tax policy AND you will note that tax rates to the right of curve are kinda counterproductive. If you increase the rate, revenues go down. Lower the rates, and revenues go up. And I&#8217;ll TELL you something, gentlemen, I&#8217;m p-r-e-t-t-y sure we&#8217;re on the right hand side of that curve.&#8221;</p>
<p>Cheney raised his hand.</p>
<p>&#8220;Don&#8217;t DO that!&#8221;</p>
<p>&#8220;What?&#8221;</p>
<p>&#8220;Raise your HAND! You&#8217;re the Ambassador to NATO. You don&#8217;t raise your hand. You just talk.&#8221;</p>
<p>&#8220;OK,&#8221; Cheney said, lowering his hand.</p>
<p>&#8220;So, you&#8217;re saying we could LOWER the tax rate and make a profit on the deal?&#8221;</p>
<p>&#8220;I don&#8217;t believe I would call it that.&#8221;</p>
<p>&#8220;You&#8217;re SAYING that we can project power ALL over the third world, scare the URINE out of Russia, finally order some decent o-rings for the Space Shuttle and still reduce the deficit at the end of the year? All by LOWERING the tax rate?</p>
<p>&#8220;Only a napkin. Let&#8217;s not get TOO carried away.&#8221;</p>
<p>&#8220;This is sensational,&#8221; Rumsfeld chimed in. Wait&#8217;ll the Bushes hear about this one.</p>
<p>&#8220;Look, this is a little simplistic.&#8221;</p>
<p>&#8220;Which is perfect, really. You don&#8217;t WANT to have Congress deal with anything complicated. Been there. Regretted that.&#8221;</p>
<p>At the end of the meeting, the three prominent officials went away feeling inspired.</p>
<p>The professor wanted to get his napkin back.</p>
<p><strong>MISTERScienceAintSoBad</strong> realizes that &#8220;Laffer&#8217;s Curve&#8221; can&#8217;t go up against Einstein&#8217;s  refined thought experiments.  &#8221;The Curve&#8221; was a little more back-of-the-napkin. Trying to make a point, not a revolution.</p>
<p>And it oversimplifies who pays taxes and how. The extreme behaviors (100% and 0%) are just assumptions which SOUND right but might not BE right.</p>
<p>The whole thing&#8217;s a little fuzzy.  What&#8217;s the time frame? Would a change in tax rates have an effect in two years? Twenty years? How would we sort that out? What about all the different tax brackets? And the corporations? And the nonprofits? And the underground economies?</p>
<p>However. I&#8217;ve heard crazier ideas. I&#8217;ve COME UP with crazier ideas.</p>
<p>So COULD the government reduce taxes and make more money?</p>
<p>Best we can tell &#8211; and with profound regrets &#8211; it is probably UNlikely that (in most conditions) decreasing taxes&#8217;ll boost tax collections.</p>
<p>NOBODY&#8217;S beyond suspicion where there&#8217;s a potential political agenda, but the independent <em>Center On Budget and Policy Priorities</em> looked at this four years ago and pissed off a lot of people by <a href="http://www.cbpp.org/cms/?fa=view&amp;id=165">failing to find evidence </a>for a negative correlation between tax rates and collections. This seems consistent with other serious scholarship.</p>
<p>Doggone!</p>
<p><em>Couple of notes:</em></p>
<p><em>My reportage might be a little off when it comes to the above conversations where fun trumps accuracy. But the curve is Laffer&#8217;s (who concedes its origins go back to Keynes and, even, Khaldun). And, while <strong>MISTERScienceAintSoBad</strong>, might not be able to resist spicing up some verbiage, he would never tinker with the facts themselves.  Evidence RULES!</em></p>
<p><em>And attribution for the cartoon image (with modified text): </em> <a rel="license" href="http://creativecommons.org/licenses/by-sa/3.0/"><img style="border-width: 0;" src="http://i.creativecommons.org/l/by-sa/3.0/88x31.png" alt="Creative Commons License" /></a><br />
This work is licensed under a <a rel="license" href="http://creativecommons.org/licenses/by-sa/3.0/">Creative Commons Attribution-Share Alike 3.0 Unported License</a>.</p>
<p><em><br />
</em></p>
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		<title>Financial Aid For Hearing Aids (and don&#8217;t YELL at me!)</title>
		<link>http://scienceaintsobad.com/archives/2588</link>
		<comments>http://scienceaintsobad.com/archives/2588#comments</comments>
		<pubDate>Fri, 12 Feb 2010 16:29:55 +0000</pubDate>
		<dc:creator>MISTER Science Ain't So Bad</dc:creator>
				<category><![CDATA[Deafness]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Medicine]]></category>
		<category><![CDATA[financial help]]></category>
		<category><![CDATA[hearing aids]]></category>
		<category><![CDATA[paying for hearing aids]]></category>

		<guid isPermaLink="false">http://scienceaintsobad.com/?p=2588</guid>
		<description><![CDATA[Hearing Aid Help You&#8217;re right. Science Ain&#8217;t So Bad is a blog about science. And technology. And where you find the bucks to pay for hearing aids isn&#8217;t the big research issue of the century. But I&#8217;m the writer guy and I get to decide. And DAMN this is a good thing to tell people [...]]]></description>
			<content:encoded><![CDATA[<p><div id="attachment_2610" class="wp-caption alignleft" style="width: 310px"><img src="http://scienceaintsobad.com/wp-content/uploads/2010/02/Better-DeafThanPoor1-300x232.png" alt="" title="Better DeafThanPoor" width="300" height="232" class="size-medium wp-image-2610" /><p class="wp-caption-text">DEAF BEATS POOR</p></div><br />
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<p><strong>Hearing Aid Help</strong></p>
<p>You&#8217;re right.</p>
<p>Science Ain&#8217;t So Bad is a blog about science. And technology. And where you find the bucks to pay for hearing aids isn&#8217;t the big research issue of the century. </p>
<p>But I&#8217;m the writer guy and I get to decide. And DAMN this is a good thing to tell people about. So don&#8217;t yell at me. </p>
<p>I got my rights!</p>
<p>So, as I was saying, a VERY non-scientific and technical matter of GREAT interest to those of you who wear or need hearing aids is how do you pay for the durn things. The good ones are expensive as hell and, mostly, they&#8217;re not covered by your health plan. </p>
<p>The Better Hearing Institute has published a comprehensive &#8220;<a href="http://www.prweb.com/releases/HearingAids/FinancialAssistance/prweb3424424.htm">Guide To Financial Assistance for Hearing Aids</a>&#8220;. And MISTER ScienceAintSoBad thinks that is mighty cool!</p>
<p>Even if it DOES leave you unfulfilled about the latest results from the Large Hadron Particle Collider. </p>
<p><strong>ScienceAintSoBadRating = 10</strong> and no apologies for it.</p>
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		<title>Disgruntled Burglars Quitting The Trade. Can&#8217;t Compete.</title>
		<link>http://scienceaintsobad.com/archives/2523</link>
		<comments>http://scienceaintsobad.com/archives/2523#comments</comments>
		<pubDate>Wed, 10 Feb 2010 15:31:48 +0000</pubDate>
		<dc:creator>MISTER Science Ain't So Bad</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Public Policy]]></category>
		<category><![CDATA[SO Alone In The Universe.]]></category>
		<category><![CDATA[burglary]]></category>
		<category><![CDATA[crime]]></category>

		<guid isPermaLink="false">http://scienceaintsobad.com/?p=2523</guid>
		<description><![CDATA[Criminology: Economics Of Burglary. According to James Treadwell&#8217;s research (University of Leicester), global price pressures &#8211; particularly &#8220;cheap labor in China&#8221; &#8211; are RUINING it for decent burglars in the UK. Commodity pricing in consumer goods such as DVD players has gotten so crappy that you can&#8217;t even fence a good home entertainment system anymore [...]]]></description>
			<content:encoded><![CDATA[<div id="attachment_2543" class="wp-caption alignleft" style="width: 210px"><img src="http://scienceaintsobad.com/wp-content/uploads/2010/02/path4647-200x300.png" alt="" title="path4647" width="200" height="300" class="size-medium wp-image-2543" /><p class="wp-caption-text">What NEXT?</p></div>
<p><span id="color5">Criminology:</span> <span id="color4">Economics Of Burglary.</span></p>
<p>According to James Treadwell&#8217;s <a href="http://www.sciencedaily.com/releases/2010/02/100209215123.htm?utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed:+sciencedaily+(ScienceDaily:+Latest+Science+News)&#038;utm_content=Google+Reader">research</a> (University of Leicester), global price pressures &#8211;  particularly &#8220;cheap labor in China&#8221; &#8211; are RUINING it for decent burglars in the UK. </p>
<p>Commodity pricing in consumer goods such as DVD players has gotten so crappy that you can&#8217;t even fence a good home entertainment system anymore and embittered former second story guys are turning to a life of street crime.</p>
<p><strong>ScienceAintSoBadRating = 6</strong>  (Good entertainment value. Not so sure about the science).<br />
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		<title>Economics. Dismal Science?</title>
		<link>http://scienceaintsobad.com/archives/23</link>
		<comments>http://scienceaintsobad.com/archives/23#comments</comments>
		<pubDate>Mon, 30 Mar 2009 11:55:00 +0000</pubDate>
		<dc:creator>MISTER Science Ain't So Bad</dc:creator>
				<category><![CDATA[Economics]]></category>

		<guid isPermaLink="false">http://scienceaintsobad.com/?p=23</guid>
		<description><![CDATA[Dr. Bella Luna, World Economics Chair at the London School of E. DNA shmee-n-a. Particles shmarticles. This is the year of the buck. Biology, physics, all the rest are taking a back seat to economics this year. The “Dismal Science” is crowding everything out as the public tries to figure out how we got into [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-216" title="BlastingThruDgDr copy" src="http://scienceaintsobad.com/wp-content/uploads/2009/03/BlastingThruDgDr-copy-300x214.jpg" alt="BlastingThruDgDr copy" width="300" height="214" /><span style="font-size:78%;"><span style="color:#000099;">Dr. Bella Luna, World Economics Chair at the London School of E.</span> </span><br />
<span style="font-size:78%;"><br />
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DNA shmee-n-a. Particles shmarticles. This is the year of the buck.</p>
<p>Biology, physics, all the rest are taking a back seat to economics this year. The “Dismal Science” is crowding everything out as the public tries to figure out how we got into this “mess” and how we get out.</p>
<p>Economics. That’s a science right? Dismal. But science?</p>
<p>To answer this vexing and, sometimes, elusive question, I talked with someone who should know. When you think of science, who do you think of first? Bella Luna, of course. London School of E. Dr. Luna&#8217;s work, &#8220;The Cosmological Constant of The Political Economy&#8221;, is still regarded as the seminal work in this field. I asked Dr. Luna for a few minutes of her time.</p>
<p>“Ugh! You want to cover economics on a blog about science?”</p>
<p>&#8220;No huh? So economics doesn’t qualify as serious science?&#8221;</p>
<p>&#8220;It does.&#8221;</p>
<p>&#8220;It DOES?&#8221;</p>
<p>&#8220;Sure. A scientific proposition merely has to be capable of being proven false. That applies. There’re plenty of assertions about economics that can be shown to be wrong. In fact, practically all of them are wrong.&#8221; Dr. Luna, searching in her drawer for a grooming comb, blinked at me. “They call it dismal because we can’t DO much about the big stuff like the economy. &#8221;</p>
<p>&#8220;ECONOMICS can’t do anything about the ECONOMY?&#8221;</p>
<p>&#8220;Can meteorologists do anything about the weather? Do we call weather forecasting the dismal science? Heck no. Because they’re on TV all the time with blond hair and neat blazers. And they have interactive maps. &#8221;</p>
<p>&#8220;But if economists can’t do anything about the economy, what good are they?&#8221;</p>
<p>&#8220;What good are cosmologists? In fact, what good is this crappy blog of yours? &#8221;</p>
<p>Dr. Luna was getting a little heated up so I thanked her for her time and said we would pick up this matter another time.</p>
<p>Tentative conclusion: Economics shouldn’t be called the dismal science anymore.</p>
<p>Maybe the useless science.</p>
<p><span style="color:#993300;">CANCER CURE<br />
</span><br />
A long-enduring metaphor for the unachievable has always been &#8220;Finding a cure for cancer&#8221;. And the hallmarks of cancer, itself, are its abilities to spread and to overcome our meager drugs. Of course, another hallmark of cancer, is how easily our hopes rise and fall when a new promising &#8220;breakthrough&#8221; occurs. Still, I will risk that by calling attention to two stunning developments.<br />
<a href="http://www.sciencedaily.com/releases/2009/03/090325132458.htm">Come on tumor. Make my day!</a> , <a href="http://www.sciencedaily.com/releases/2009/03/090329143332.htm">Critical understanding of metastasis</a> .</p>
<p><span style="color:#990000;">EVACUATING TALL BUILDINGS</span></p>
<p>This is probably SO 2001, but evidently we still don&#8217;t have much <a href="http://www.sciencedaily.com/releases/2009/03/090325132344.htm">scientific basis </a>for evaluating buildings . Which reminds me, I will shortly, publish our solution for high rise evacuation (if anyone cares anymore about such things).</p>
<p><a href="http://http//www.sciencedaily.com/releases/2009/03/090329143332.htm"></a></p>
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