Daily Archives: October 28, 2005

Richard Smalley, R.I.P.

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richard smalley.jpgWorld-renowed Rice University chemistry, physics and astronomy professor, Richard E. Smalley, died today at the age of 62. The Chronicle’s Eric Berger provides an excellent obituary of Professor Smalley, who was one of the best of Houston’s numerous fine scientists. Among his numerous awards, Professor Smalley won the 1996 Nobel Prize in Chemistry.
Eric’s obituary passes along a fine anecdote about Professor Smalley’s Nobel award banquet that had been passed around Houston professional and business circles for years:

The chairman of Rice’s board of governors at the time [that Smalley was awarded the Nobel], William Barnett, recalled Smalley agonizing over whom to give the 10 tickets he had received for the awards banquet in Sweden. Barnett said Smalley gave two to his son, Chad, who later told his father he was bringing his mom, one of Smalley’s ex-wives. Smalley had three.
“I think his reaction was, ‘Oh lord, now I’ve got to ask the other one,'” Barnett said. “The Swedes were so taken with this, the joke going around the banquet was that they were going to tell Rick, if they had only known this in advance, they would have awarded him the peace prize as well.”

Protectors of the Krispy Kreme Brand

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KrispyKreme doughnuts3.jpgThe travails of Krispy Kreme over the past couple of years have been a common subject of posts here, so it is worth noting that some Southern California-based Krispy Kreme franchisees have started a blog about the company and its problems called Protectors of the Krispy Kreme Brand (introductory post here). Gotta love those Spiderman Krispy Kreme doughnuts! ;^)

Hold on to your wallets

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pumphandle2.jpgAlmost on cue with the latest round of energy company earnings announcements, our political leaders in Washington — both Democrats and Republicans — signaled their intent to attempt to demonize the energy industry for political gain and, in so doing, make it more difficult for markets to respond to the current limited supplies of oil, natural gas, and refined products.
This really is utterly amazing. Sen. Bill Frist (R., Tenn.), the Senate majority leader, asked the chairmen of three Senate committees to investigate high energy prices and declared that he might support a federal anti-price gouging law.

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Epstein on Bork’s Originalism

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epstein.jpgIn this previous post, former Solicitor General and unsuccessful Supreme Court nominee Robert H. Bork provided a handy shorthand description of the judicial philosophy of originalism. In a letter to Wall Street Journal’s ($) editor yesterday, Richard A. Epstein — the James Parker Hall Distinguished Service Professor of Law at the University of Chicago and the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution (previous post here) — provides an equally tidy explanation of the primary criticism of the originalist approach to interpreting the Constitution:

[Mr. Bork] is wrong to assume that his brand of originalism is the preferred form of constitutional interpretation, much less the only means to combat inherent tendency of left-wing judges to improperly expand the scope of judicial power.

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Well, at least no one outside Houston and Chicago watched

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Backe.jpgThe White Sox’s four-game World Series sweep over the Stros generated the lowest television ratings on record for the Series, and resulted in the Fox television network not meeting its ratings guarantees to sponsors. The World Series averaged about 17.2 million viewers and drew a record low rating of 11.1 (A rating point represents approximately 1.1 million homes), which is a 30% decline from the 25.4 million viewers and 15.8 rating that the Boston Red Sox-St. Louis Cardinals Series averaged last season.
Frankly, the numbers aren’t particularly surprising. Neither the White Sox nor the Stros have a national fan base such as Fox enjoyed in last season’s Series with the Red Sox. Moreover, the Stros’ Roger Clemens — who pitched a total of two innings — was the only well-known star in the Series. Finally, comparing ratings from recent Series with those of even more than five years ago can be a bit similar to comparing apples and oranges. The increase in television entertainment choices has diluted ratings for all special programs such as the Series, reflected by the fact that the ratings for this Series were still 50% higher than the prime time average of NBC, CBS and ABC combined this season. Interestingly, Fox was still able to charge $350,000 for each 30-second commercial spot this season, which was up from $330,000 it charged last season.