Showing posts with label economic depression. Show all posts
Showing posts with label economic depression. Show all posts

Friday, January 9, 2015

Previously Discredited Treatment for Depression Shows Amazing Success in Trials


Millions of right thinking Americans have depression but in spite of years of therapy and the prolonged use of various anti-depressants, a large proportion of those who suffer do not respond to treatment or respond only in a limited way. But now an obscure therapy first pioneered by a radical fringe group of doctors in Queens, NY has been found to have an unprecedented success rate of over 80% in the group of patients that previously did not respond to therapy.

“We are completely astonished,” said Dr. Irving Bloomworth of the Institute for the Prevention of Mental Disorders, whose headquarters is located in Falmouth,  NY. “As part of reviewing old and discredited approaches to treating depression, we came across this approach from the 1930s. We felt that there may have been some procedural mistakes in the trials back then and that it was worth trying again. But we never expected this kind of success.”

In a multiyear experiment funded by the NIH, several different groups of subjects were assigned either the therapy in question or a placebo. Those who received the actual therapy were given paper sacks filled with large amounts of money. The control group received paper sacks filled with old copies of the NY Post "Page Six" column.  

“We noticed a striking improvement in the mood and functionality of the people who received the sacks of money,” said Dr. Bloomworth in a press conference yesterday. "Those who received the placebo were mildly amused but the effect did not last long. But those who received large sacks of cash not only reported feeling better, that feeling seemed to persist for long periods of time."

"As a doctor, someone who wants to heal the sick, I was very gratified when some of the selected group, people who had been depressed and stuck in life for years, suddenly began to have new hope and solve problems that they previously thought were unsolvable.  The depression seemed to disappear as if by magic when they could just throw money at a problem". 

"The mistake we noticed in the original experiments in the 1930s was that they limited the amount of money involved to less than $100.   Of course, $100 was worth a lot more back then, but even so this caught our eye.  What if they had simply not been using enough cash, we wondered.  We created an experiment that gave out money in the 10s of thousands of dollars and we immediately saw an amazing improvement in the quality of life of the subjects as well as an improvement in their attitude towards problem solving."

One limitation of the technique is that the subjects must be allowed to keep the money, doctors discovered.  When they took the money away again, the subjects reported that the depression immediately returned and brain scans confirmed this.  Those who had received the NY Post, on the other hand, were not much affected one way or another when the popular newspaper was taken away.

The therapy was seen to be enhanced by post-care care in which the recipients received help with accounting, investment and taxation.  Tellingly, only those who actually received sacks of money responded to this care.  Those who received the placebo, the NY Post related material, were not affected one way or another by the contributions of an outside accountancy firm.

“This is a very exciting, possibly breakthrough approach,” said Dr. Fremkin at the NYU Medical School who was not involved in the study. “But we must not rush to judgment, many more studies must be done before we just start handing out sacks of money to depressed people”.

Followon large scale trials are being planned.


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Notes:

National Institutes of Health

National Institute of Mental Health on Depression
http://www.nimh.nih.gov/health/topics/depression/index.shtml

Page Six at the NY Post

Saturday, April 5, 2014

Apparently Not Everyone Realizes that Poetry is Down Market


I have often said on this Blog and in real life "everyone who goes into the business of writing sonnets or the short story pretty much knows that it is going to be a hard way to make a living".   This has been part of an argument that people who go into Computer Animation do not in fact know that their employment possibilities are limited (in other words, if they go into computer animation they had better be rich because otherwise they are destroying their lives).

Well, I was wrong.  And when I am wrong I freely admit it, because I am an idiot...  no, wait, its because I am fearlessly honest with myself and with my readers!  

Apparently not everyone knows that studying and writing poetry is a very non-economic thing to do, and I cite as evidence the following article and comment from the Chronicle of Higher Education: The Danger of Victimizing PhDs by Elizabeth Segran.  The article is about whether or not PhDs who can not get a tenure track position but must labor away at being an Adjunct have only themselves to blame. The article correctly points out that the whiners could get a job doing something else that they are qualified for in this depression economy, such as cleaning sewers, for example, or programming web sites that sell violence and pornography.  There are plenty of things for them to do in our dysfunctional society that only favors the rich and lets the others fend for themselves as best they can (as long as they don't break the law that favors the rich, of course).  The free market is not only always right, it is just (as in justice) as well, Dr. Segran seems to be saying.


 Doomed to the life of an adjunct?

But it is a comment to this article that I found so interesting. Quoted below without permission:
Christina Hitchcock  miamisid • 2 days ago 
The simple answer to your question is that our undergrad professors and advisors listened to our plans and never once told us that we might be going into a field that will have no jobs for us. I specifically asked some of my English professors if I should pursue an M.A. in Literature or an M.F.A. in poetry writing. Not one of them instructed me that an MFA was a terminal degree and would help me to get into the job market whereas an M.A. would be a worthless degree. I, for one, did want to teach. And I am, indeed, a career adjunct now teaching online. I received my M.A. at the age of 50 - an age when other options were not that available. So, yes, there is a big problem with the use of adjuncts, and I'm glad that the writer was, indeed, able to get a full-time tenure track job, but each year it gets harder and harder to break into academia, yet schools accept graduate students and even scholarship them through.

So clearly we were wrong in thinking that students-of-the-sonnet would know what a bad career mistake they were making if mere employment and making a living was a requirement.  Choosing to go into pig slaughtering would almost certainly pay better and have greater opportunities but these innocents did not know this, just like our typical computer animator does not know how badly their choices have fucked up their lives.

Destined to a life of poverty and unemployment in the modern globalized economy?

Apparently the business of education is willing to lead pretty much anyone into self-destructive poverty whether the subject is trendy computer animation or poetry.  And what is the alternative, surely not everyone can or should go into Business Management or Typing school? 

At Global Wahrman, we are fearless at pointing out our mistakes.  We admit them, we dont exactly cover ourselves in glory by doing so, but I am sure that those who are reading the blog now and in the future will appreciate our integrity.

Wednesday, November 13, 2013

NY Tech Meetup and the Delusion of Optimism


When I was in New York, I had the opportunity to attend the November meeting of the oddly named "New York Tech Meetup" at NYU's Skirball Center. The November meeting is reserved for academic presentations, e.g. presentations of new technology (or old technology) by universities and schools, professors and students. We had 20 presentations and each lasting about 3 minutes long.



High School students frisbee throwing robot that failed to throw frisbees


We had one set of students who had used image understanding software to cheat at completing jigsaw puzzles. Another group of students (high schoolers) had built a robot that threw frisbees. We had a Harvard based group of people who showed their website that allowed programs to be written with a visible programming language from MIT that allowed you to snap pieces of programs together. And we had our own NYU Media Research Lab show the current status of a very inexpensive immersive reality system that used about $500 in parts.




Backstage at Skirball with Ken Perlin and Students getting the immersive reality demo to work


But the audience was the most impressive part.  Maybe 500 to 600 people, all enthusiastic, all well dressed, all maybe 25-45 years old.   All of them ready to do that big tech startup and get rich!

When it was all over, we had a reception hosted by, I think, Google.  On the 10th floor, a view of Manhattan, and filled with enthusiastic people "networking".

So you know me, Mr Reality here.  Mr Sourpuss here.  I go and find the organizers and complement them, but mention one little issue I had:  "It was all so upbeat" I said. "It was all so optimistic"

"Well, whats the matter with that?" they asked.

You do realize that there is 25% unemployment in this country, right? That there are more people on food stamps today than have ever been, and it is not because of some stupid right wing craziness about lazy people. That 9 out of 10 startups fail, right? You know that, right?

They just looked at me in horror and turned away.

Sorry to spoil their party, I guess.

NY Tech Meetup:
http://nytm.org/
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This PS may be unnecessary, it may actually be in a comment.  So read the comments!  -- MW

P.S. Ok, the point has been made by one of our NY correspondents that this is a bit too negative.  In fact, even if 9 of 10 fail, the 1 surviving may end up hiring all the others. Also, we should not fail to encourage those who might improve themselves by their own initiative.   OK, sure, I agree with this, but let us not on the other hand have unbounded optimism either.  Many will fail, and failure can be painful and destructive.

Also, I feel rather strongly that if you want to succeed in America, it is helpful to have a lot of money. It is possible to succeed without a lot of money, but it is a lot harder.