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πŸ”— Gini coefficient

πŸ”— Mathematics πŸ”— Economics πŸ”— Statistics πŸ”— Sociology πŸ”— Globalization

In economics, the Gini coefficient ( JEE-nee), sometimes called the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measurement of inequality. It was developed by the Italian statistician and sociologist Corrado Gini and published in his 1912 paper Variability and Mutability (Italian: VariabilitΓ  e mutabilitΓ ).

The Gini coefficient measures the inequality among values of a frequency distribution (for example, levels of income). A Gini coefficient of zero expresses perfect equality, where all values are the same (for example, where everyone has the same income). A Gini coefficient of one (or 100%) expresses maximal inequality among values (e.g., for a large number of people, where only one person has all the income or consumption, and all others have none, the Gini coefficient will be very nearly one). For larger groups, values close to one are very unlikely in practice. Given the normalization of both the cumulative population and the cumulative share of income used to calculate the Gini coefficient, the measure is not overly sensitive to the specifics of the income distribution, but rather only on how incomes vary relative to the other members of a population. The exception to this is in the redistribution of income resulting in a minimum income for all people. When the population is sorted, if their income distribution were to approximate a well-known function, then some representative values could be calculated.

The Gini coefficient was proposed by Gini as a measure of inequality of income or wealth. For OECD countries, in the late 20th century, considering the effect of taxes and transfer payments, the income Gini coefficient ranged between 0.24 and 0.49, with Slovenia being the lowest and Mexico the highest. African countries had the highest pre-tax Gini coefficients in 2008–2009, with South Africa the world's highest, variously estimated to be 0.63 to 0.7, although this figure drops to 0.52 after social assistance is taken into account, and drops again to 0.47 after taxation. The global income Gini coefficient in 2005 has been estimated to be between 0.61 and 0.68 by various sources.

There are some issues in interpreting a Gini coefficient. The same value may result from many different distribution curves. The demographic structure should be taken into account. Countries with an aging population, or with a baby boom, experience an increasing pre-tax Gini coefficient even if real income distribution for working adults remains constant. Scholars have devised over a dozen variants of the Gini coefficient.

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πŸ”— Yiddish Words Used in English

πŸ”— Judaism

Yiddish words used in the English language include both words that have been assimilated into English - used by both Yiddish and English speakers - and many that have not. An English sentence that uses either may be described by some as Yinglish (or Hebronics), though a secondary sense of the term Yinglish describes the distinctive way certain Jews in English-speaking countries add many Yiddish words into their conversation, beyond general Yiddish words and phrases used by English speakers.

In this meaning, Yinglish is not the same as Yeshivish, which is spoken by many Orthodox Jews, though the two share many parallels.

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πŸ”— Optacon

πŸ”— Disability

The Optacon (OPtical to TActile CONverter) is an electromechanical device that enables blind people to read printed material that has not been transcribed into Braille. The device consists of two parts: a scanner which the user runs over the material to be read, and a finger pad which translates the words into vibrations felt on the finger tips. The Optacon was conceived by John Linvill, a professor of Electrical Engineering at Stanford University, and developed with researchers at Stanford Research Institute (now SRI International). Telesensory Systems manufactured the device from 1971 until it was discontinued in 1996. Although effective once mastered, it was expensive and took many hours of training to reach competency. In 2005, TSI suddenly shut down. Employees were "walked out" of the building and lost accrued vacation time, medical insurance, and all benefits. Customers could not buy new machines or get existing machines fixed. Some work was done by other companies but no device with the versatility of the Optacon had been developed as of 2007. Many blind people continue to use their Optacons to this day. The Optacon offers capabilities that no other device offers including the ability to see a printed page or computer screen as it truly appears including drawings, typefaces, and specialized text layouts.

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πŸ”— Nebraska Furniture Mart

πŸ”— United States πŸ”— Companies πŸ”— Retailing πŸ”— Home Living πŸ”— United States/Nebraska - Omaha

Nebraska Furniture Mart is the largest home furnishing store in North America selling furniture, flooring, appliances and electronics. NFM was founded in 1937 by Belarus-born Rose Blumkin, universally known as Mrs. B., in Omaha, Nebraska, United States. Under the motto "sell cheap and tell the truth," she worked in the business until age 103. In 1983, Mrs. B. sold a majority interest to Berkshire Hathaway in a handshake deal with Warren Buffett.

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πŸ”— Fred Hampton

πŸ”— United States πŸ”— Biography πŸ”— Chicago πŸ”— African diaspora πŸ”— United States/FBI πŸ”— Civil Rights Movement πŸ”— Illinois πŸ”— Biography/Actors and Filmmakers

Fredrick Allen Hampton (August 30, 1948 – December 4, 1969) was an American activist and revolutionary socialist. He came to prominence in Chicago as chairman of the Illinois chapter of the Black Panther Party (BPP), and deputy chairman of the national BPP. In this capacity, he founded a prominent multicultural political organization, the Rainbow Coalition that initially included the Black Panthers, Young Patriots and the Young Lords, and an alliance among major Chicago street gangs to help them end infighting, and work for social change.

In 1967, Hampton was identified by the Federal Bureau of Investigation as a radical threat. The FBI tried to subvert his activities in Chicago, sowing disinformation among these groups and placing a counterintelligence operative in the local Panthers. In December 1969, Hampton was shot and killed in his bed during a predawn raid at his Chicago apartment by a tactical unit of the Cook County State's Attorney's Office in conjunction with the Chicago Police Department and the Federal Bureau of Investigation; during the raid, another Panther was killed and several seriously wounded. In January 1970, a coroner's jury held an inquest and ruled the deaths of Hampton and Mark Clark to be justifiable homicide.

A civil lawsuit was later filed on behalf of the survivors and the relatives of Hampton and Clark. It was resolved in 1982 by a settlement of $1.85 million; the City of Chicago, Cook County, and the federal government each paid one-third to a group of nine plaintiffs. Given revelations about the illegal COINTELPRO program and documents associated with the killings, scholars now widely consider Hampton's death an assassination under the FBI's initiative.

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πŸ”— Monkey Selfie Copyright Dispute

πŸ”— Law πŸ”— Indonesia πŸ”— Primates πŸ”— Animal rights πŸ”— Photography

The monkey selfie copyright dispute is a series of disputes about the copyright status of selfies taken by Celebes crested macaques using equipment belonging to the British nature photographer David Slater. The disputes involve Wikimedia Commons and the blog Techdirt, which have hosted the images following their publication in newspapers in July 2011 over Slater's objections that he holds the copyright, and People for the Ethical Treatment of Animals (PETA), who have argued that the macaque should be assigned the copyright.

Slater has argued that he has a valid copyright claim, as he engineered the situation that resulted in the pictures by travelling to Indonesia, befriending a group of wild macaques, and setting up his camera equipment in such a way that a "selfie" picture might come about. The Wikimedia Foundation's 2014 refusal to remove the pictures from its Wikimedia Commons image library was based on the understanding that copyright is held by the creator, that a non-human creator (not being a legal person) cannot hold copyright, and that the images are thus in the public domain.

Slater stated in August 2014 that, as a result of the pictures being available on Wikipedia, he had lost at least GBΒ£10,000 (equivalent to about Β£11,000 in 2019) in income and his business as a wildlife photographer was being harmed. In December 2014, the United States Copyright Office stated that works created by a non-human, such as a photograph taken by a monkey, are not copyrightable. A number of legal experts in the US and UK have argued that Slater's role in the photographic process may have been sufficient to establish a valid copyright claim, though this decision would have to be made by a court.

In a separate dispute, PETA tried to use the monkey selfies to establish a legal precedent that animals should be declared copyright holders. Slater had published a book containing the photographs through self-publishing company Blurb, Inc. In September 2015, PETA filed a lawsuit against Slater and Blurb, requesting that the monkey be assigned the copyright and that PETA be appointed to administer proceeds from the photos for the endangered species' benefit. In dismissing PETA's case, the court ruled that a monkey cannot own copyright, under US law. PETA appealed, and in September 2017, both PETA and the photographer agreed to a settlement in which Slater would donate a portion of future revenues on the photographs to wildlife organizations. However, the court of appeals declined to dismiss the appeal and declined to vacate the lower court judgment. In April 2018, the appeals court affirmed that animals cannot legally hold copyrights and expressed concern that PETA's motivations had been to promote their own interests rather than to protect the legal rights of animals.

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πŸ”— Mount of piety

πŸ”— Finance & Investment πŸ”— Business

A mount of piety is an institutional pawnbroker run as a charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operation.

The institution originated in Italy in the fifteenth century, where it gave poor people access to loans with reasonable interest rates. It used funds from charitable donors as capital, and made loans to the poor so they could avoid going to exploitative lenders. Borrowers offered valuables as collateral, making the mount of piety more like a pawn shop than a bank.

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πŸ”— Edward Bernays

πŸ”— United States πŸ”— Biography πŸ”— Marketing & Advertising πŸ”— Judaism πŸ”— Jewish history πŸ”— Vienna

Edward Louis Bernays (; German: [bΙ›ΙΜ―ΛˆnaΙͺs]; November 22, 1891 βˆ’ March 9, 1995) was an Austrian-American pioneer in the field of public relations and propaganda, referred to in his obituary as "the father of public relations". Bernays was named one of the 100 most influential Americans of the 20th century by Life. He was the subject of a full length biography by Larry Tye called The Father of Spin (1999) and later an award-winning 2002 documentary for the BBC by Adam Curtis called The Century of the Self.

His best-known campaigns include a 1929 effort to promote female smoking by branding cigarettes as feminist "Torches of Freedom" and his work for the United Fruit Company connected with the CIA-orchestrated overthrow of the democratically elected Guatemalan government in 1954. He worked for dozens of major American corporations including Procter & Gamble and General Electric, and for government agencies, politicians, and non-profit organizations.

Of his many books, Crystallizing Public Opinion (1923) and Propaganda (1928) gained special attention as early efforts to define and theorize the field of public relations. Citing works of writers such as Gustave Le Bon, Wilfred Trotter, Walter Lippmann, and his own double uncle Sigmund Freud, he described the masses as irrational and subject to herd instinctβ€”and outlined how skilled practitioners could use crowd psychology and psychoanalysis to control them in desirable ways.

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πŸ”— Battle of Alesia

πŸ”— Military history πŸ”— Classical Greece and Rome πŸ”— Military history/French military history πŸ”— Military history/Roman and Byzantine military history πŸ”— Military history/Classical warfare πŸ”— Celts πŸ”— Military history/European military history

The Battle of Alesia or Siege of Alesia was a military engagement in the Gallic Wars that took place in September, 52Β BC, around the Gallic oppidum (fortified settlement) of Alesia, a major centre of the Mandubii tribe. It was fought by the army of Julius Caesar against a confederation of Gallic tribes united under the leadership of Vercingetorix of the Arverni. It was the last major engagement between Gauls and Romans, and is considered one of Caesar's greatest military achievements and a classic example of siege warfare and investment. The battle of Alesia marked the end of Gallic independence in France and Belgium.

The battle site was probably atop Mont Auxois, above modern Alise-Sainte-Reine in France, but this location, some have argued, does not fit Caesar's description of the battle. A number of alternatives have been proposed over time, among which only Chaux-des-Crotenay (in Jura in modern France) remains a challenger today.

At one point in the battle the Romans were outnumbered by the Gauls by four to one. The event is described by several contemporary authors, including Caesar himself in his Commentarii de Bello Gallico. After the Roman victory, Gaul (very roughly modern France) was subdued and became a Roman province. The Roman Senate granted a thanksgiving of 20 days for his victory in the Gallic War.

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πŸ”— Clifford A. Pickover

πŸ”— Biography πŸ”— Systems πŸ”— Biography/science and academia πŸ”— Journalism πŸ”— Systems/Visualization

Clifford Alan Pickover (born August 15, 1957) is an American author, editor, and columnist in the fields of science, mathematics, science fiction, innovation, and creativity. For many years, he was employed at the IBM Thomas J. Watson Research Center in Yorktown, New York where he was Editor-in-Chief of the IBM Journal of Research and Development. He has been granted more than 500 U.S. patents, is an elected Fellow for the Committee for Skeptical Inquiry, and is author of more than 50 books, translated into more than a dozen languages.

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