~ Archive for July 18, 2004 ~

Maybe teenage pregnancy is a good thing


Now that I’m 40 years old most of my friends are in their riper years.  The women who are trying to have children in their late 30s and early 40s are going through torture.  Hormones, needles, in-vitro fertilization, miscarriages, etc.  Maybe teenage pregnancy isn’t such a bad idea after all.  I wonder if in pre-industrial societies it wasn’t the case that the grandparents did most of the child-rearing that required judgement and experience.  The teenage girl did the child-bearing but was still living surrounded by extended family so that her 30-35-year-old mom and mother-in-law could provide adult guidance for the baby.  Perhaps we believe that teenage pregnancy is bad only because our family structures have been broken up.

High IQ managers collecting 8 percent of the value of a merger


In Sunday’s New York Times the article “No Wonder C.E.O.’s Love Those Mergers” discusses how top managers (i.e., a bunch of folks with fairly high IQs) are managing to collect in the neighborhood of 8 percent of the value of two public companies when they merge… all without disclosure to the widows and orphans who own stock.  It is apparently a beautiful world out there for those who are smart enough to navigate the maze of regulations and laws.

[Make sure that you read “Hourly Pay in U.S. Not Keeping Pace With Price Rises”  in the same sitting to see what life is like at the other end of the wage-IQ scale.]

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