Random Articles (Page 330)

Have a deep view into what people are curious about.

🔗 Lloyd's Coffee House

🔗 London

Lloyd's Coffee House was a significant meeting place in London in the 17th and 18th centuries.

It was opened by Edward Lloyd (c. 1648–15 February 1713) on Tower Street in 1686. The establishment was a popular place for sailors, merchants and shipowners, and Lloyd catered to them by providing reliable shipping news. The shipping industry community frequented the place to discuss maritime insurance, shipbroking and foreign trade. The dealings that took place led to the establishment of the insurance market Lloyd's of London, Lloyd's Register and several related shipping and insurance businesses.

The coffee shop relocated to Lombard Street in December 1691. Lloyd had a pulpit installed in the new premises, from which maritime auction prices and shipping news were announced. Candle auctions were held in the establishment, with lots frequently involving ships and shipping. From 1696–1697 Lloyd also experimented with publishing a newspaper, Lloyd's News, reporting on shipping schedules and insurance agreements reached in the coffee house. In 1713, the year of Edward Lloyd's death, he modified his will to assign the lease of the coffee house to his head waiter, William Newton, who then married one of Lloyd's daughters, Handy. Newton died the following year and Handy subsequently married Samuel Sheppard. She died in 1720 and Sheppard died in 1727, leaving the coffee house to his sister Elizabeth and her husband, Thomas Jemson. Jemson founded the Lloyd's List newspaper in 1734, similar to the previous Lloyd's News. Merchants continued to discuss insurance matters here until 1774, when the participating members of the insurance arrangement formed a committee and moved to the Royal Exchange on Cornhill as the Society of Lloyd's.

Discussed on

🔗 Ludic Fallacy

🔗 Philosophy 🔗 Philosophy/Logic

The ludic fallacy, identified by Nassim Nicholas Taleb in his book The Black Swan (2007), is "the misuse of games to model real-life situations". Taleb explains the fallacy as "basing studies of chance on the narrow world of games and dice". The adjective ludic originates from the Latin noun ludus, meaning "play, game, sport, pastime".

Discussed on

🔗 Operation Freakout

🔗 Journalism 🔗 Scientology 🔗 Crime and Criminal Biography

Operation Freakout, also known as Operation PC Freakout, was a Church of Scientology covert plan intended to have the U.S. author and journalist Paulette Cooper imprisoned or committed to a psychiatric hospital. The plan, undertaken in 1976 following years of church-initiated lawsuits and covert harassment, was meant to eliminate the perceived threat that Cooper posed to the church and obtain revenge for her publication in 1971 of a highly critical book, The Scandal of Scientology. The Federal Bureau of Investigation discovered documentary evidence of the plot and the preceding campaign of harassment during an investigation into the Church of Scientology in 1977, eventually leading to the church compensating Cooper in an out-of-court settlement.

Discussed on

🔗 Zooko's Triangle

🔗 Computing 🔗 Computer Security 🔗 Computer Security/Computing 🔗 Computing/Software 🔗 Computing/Computer science 🔗 Cryptography 🔗 Cryptography/Computer science 🔗 Computing/Computer Security

Zooko's triangle is a trilemma of three properties that are generally considered desirable for names of participants in a network protocol:

  • Human-meaningful: Meaningful and memorable (low-entropy) names are provided to the users.
  • Secure: The amount of damage a malicious entity can inflict on the system should be as low as possible.
  • Decentralized: Names correctly resolve to their respective entities without the use of a central authority or service.

Discussed on

🔗 Extreme Value Theory

🔗 Statistics

Extreme value theory or extreme value analysis (EVA) is a branch of statistics dealing with the extreme deviations from the median of probability distributions. It seeks to assess, from a given ordered sample of a given random variable, the probability of events that are more extreme than any previously observed. Extreme value analysis is widely used in many disciplines, such as structural engineering, finance, earth sciences, traffic prediction, and geological engineering. For example, EVA might be used in the field of hydrology to estimate the probability of an unusually large flooding event, such as the 100-year flood. Similarly, for the design of a breakwater, a coastal engineer would seek to estimate the 50-year wave and design the structure accordingly.

🔗 Chernoff face

🔗 Mathematics 🔗 Statistics

Chernoff faces, invented by Herman Chernoff in 1973, display multivariate data in the shape of a human face. The individual parts, such as eyes, ears, mouth and nose represent values of the variables by their shape, size, placement and orientation. The idea behind using faces is that humans easily recognize faces and notice small changes without difficulty. Chernoff faces handle each variable differently. Because the features of the faces vary in perceived importance, the way in which variables are mapped to the features should be carefully chosen (e.g. eye size and eyebrow-slant have been found to carry significant weight).

Discussed on

🔗 Pine Gap, Australia

🔗 Australia 🔗 Military history 🔗 Military history/North American military history 🔗 Military history/United States military history 🔗 Military history/Intelligence 🔗 Australia/Australia, New Zealand and South Pacific military history 🔗 Military history/Australia, New Zealand and South Pacific military history 🔗 Australia/Northern Territory

Pine Gap is the commonly used name for a US satellite surveillance base and Australian Earth station approximately 18 kilometres (11 mi) south-west of the town of Alice Springs, Northern Territory in the centre of Australia which is jointly operated by Australia and the United States. Since 1988, it has been officially called the Joint Defence Facility Pine Gap (JDFPG); previously, it was misleadingly known as Joint Defence Space Research Facility.

The station is partly run by the US Central Intelligence Agency (CIA), US National Security Agency (NSA), and US National Reconnaissance Office (NRO) and is a key contributor to the NSA's global interception effort, which included the ECHELON program. The classified NRO name of the Pine Gap base is Australian Mission Ground Station (AMGS), while the unclassified cover term for the NSA function of the facility is RAINFALL.

Discussed on

🔗 Fart Proudly – An Essay by Benjamin Franklin

"Fart Proudly" (also called "A Letter to a Royal Academy about farting", and "To the Royal Academy of Farting") is the popular name of an essay about flatulence written by Benjamin Franklin c. 1781 while he was living abroad as United States Ambassador to France. It is an example of flatulence humor.

Discussed on

🔗 Never Event

🔗 Medicine

A never event is the "kind of mistake (medical error) that should never happen" in the field of medical treatment. According to the Leapfrog Group never events are defined as "adverse events that are serious, largely preventable, and of concern to both the public and health care providers for the purpose of public accountability."

A 2012 study reported there may be as many as 1,500 instances of one never event, a retained foreign object, per year in the United States. The same study suggests an estimated total of surgical mistakes at just over 4,000 per year in the United States, but these statistics are extrapolations from small samples rather than actual event counts.

Discussed on