Mathematics Skills More in Demand Than Ever
knownsense writes "Business week has a nice article (feel good, low on detail, vague numbers) on the rise of maths and mathematicians in a world that is increasingly obsessed with statistics, advertising, search engines, and algorithms. The article also deals with issues of privacy. How has mathematics, statistics and other number driven aspects of life impacted you in the last decade?"
We all know that advancements in technology can cost people their jobs. However, in the case of the building industry in Texas, the effect of introducing new technology can often be somewhat delayed.
...sigh...
Back in 1997, my new house was in the slow process of changing from plans on paper into bricks on concrete. One of the tasks that has to be done early on is to lay out the shape of the house accurately onto the land. My builder uses a sub-contractor to do that - and I had occasion to watch him work. He arrived in a beat up old pickup truck with four 'migrant workers' sitting in the back. In order to lay out the initial 'bounding rectangle' of the building, they follow this algorithm:
* Measure a baseline for the long edge of the rectangle. Mark it with two stakes hammered into the ground and tie a length of nylon string between them.
* Tie a second piece of string to one of the stakes and measure out the width of the rectangle along it. Eyeball the angle between the new edge and the baseline so it's roughly 90 degrees and you have an 'L' shape. One guy holds the string there.
* Do the same at the other end of the baseline. Now you have a 'U' shape and two guys are holding the open ends of the strings.
* Take a third piece of string - equal in length to the length of the rectangle. Give one end to each of the two guys who are already holding string. 'jiggle' them until all three strings are tight. You now have a parallelogram made of string, staked out at two corners.
* Now take two long tape measures and with one guy standing at each corner of our parallelogram, position the tape measures along the two diagonals of the parallelogram. With two guys holding the tapes on the baseline stakes and the other two holding onto the strings and shouting out the lengths of the diagonals, they jiggle the two free points until all of the strings are tight and the two diagonals tape measures are reading the same lengths. This requires a lot of shouting, cursing and everyone telling everyone else which way to move.
* Now they have a rectangle - so they bash in two more stakes and then level the whole thing with a really impressive-looking laser contraption.
Well, I watched this with some amusement - and asked why they didn't just calculate the length of the diagonal. The boss guy said that you couldn't do that - "It's impossible". I told him about Pythagoras' theorem. With the aid of a calculator (he didn't know what that funny 'square-root' key was for), I was able to show him how easy it is to calculate the length of the diagonal and do away with all the ugly 'jiggling'.
"Wow!" he said. Then he thought for a moment - "Now I'll only need three guys to hold the string!"...and fired one of them on the spot! I thought he was kidding - but the next day when they were measuring out the place for the garage, there was one less guy holding the string.
So, a 2,500 year old technological advance cost some poor guy his job.
www.sjbaker.org
I wonder if this Neal Goldman was in the AV club during high school and had a crush on a girl named Meg.
Monstar L
I've always liked math. And, in the past decade, there has been much evidence pointing toward math being a primary component in a better lifestyle. It didn't fully hit me until I was a freshman in college and my computer science courses started crossing paths with my linear algebra courses.
But even in grade school, there was evidence that those in control of mathematics sat a bit higher on the food chain. For instance, I got into an argument with my dad (an independent concrete pourer) when I was in eighth grade. He wanted to build a base for a grain silo and needed to know how many cubic yards of cement was needed. So he was having a hard time computing this. I told him it was (as we all know) pi*radius^2. After much debate, I gave him a piece of graph paper and a compass and told him to draw it and estimate the number of squares. I don't look down on my dad, he just never had an education like I was privileged to have.
And so I slowly started to realize that mathematics were the underlying principle to everything. Maybe you've seen the motion picture Pi and remember the part where the main character has a revelation that everything can be described by math. In my opinion, he was dead right.
The key to math is that the application of it is far more useful than the raw theory of it. That's why the actual profession of mathematician is rarely sought after, instead, the ideal situation is one who has a firm background in math due to classes or a minor.
After taking a statistics course, I realized that math helps us predict the future based on prior events. What is more useful to a human being than to be able to predict what is going to happen? As H.G. Wells might tell you, not much.
This article was well written as it pointed out the good and bad aspects of the power of mathematics. The funny thing about math is that it's neither good nor evil until it's applied.
My work here is dung.
"We'll have systems that tap our knowledge by the minute," [Pierre Haren] says. "Productivity could rise by a factor of 10."
:)
That's nice, but which factor? 1 is a factor of 10
Guy asked me for a quarter for a cup of coffee. So I bit him.
I guess I better replace the batteries in my calculator.
Mathematics - ematic = Maths
Get thee glass eyes, and, like a scurvy politician, seem to see things thou dost not.--King Lear
How has mathematics, statistics and other number driven aspects of life impacted you in the last decade?
It hasn't gotten me laid yet.
perpetually dwelling in the -1 pits
They always advertise it as a field, and sure it's interesting, but as a job, to be a mathematician you're typically in a position where you are a tool for the non-mathematician's. Of course the non-math's want more math's to do the work for them and tell them what to do... but is it a good carreer?
How has mathematics, statistics and other number driven aspects of life impacted you in the last decade?
It made me go made hairline recede like crazy as I studied calculus in school and at college.
The technique in this article is actually used, too, and can be used on different levels. That is, the BW article says this company uses it to measure the distance between two articles, but you can use it to compare the distance between two words. Here's how.
Let's say you have some corpus with N distinct words in it. For each word w you create a "context vector" vw of length 2N. In the first N positions there are counts for the number of time each word in the corpus appears immediately to the left of the word w, and for the second N positions there are counts of the same for the right context. The angle between any two vectors in this 2N-dimensional vector space produces a measure of the distance between the two words. If you use some kind of dimensionality reduction technique to get a 2-dimensional representation, you can see that although this technique is pretty crude linguistically speaking it does pretty well. Each language has a distinct "shape" in this regard, with similar words grouped together, i.e., in English there might be a cluster of points consisting of "singular nouns," or specific parts of speech, like prepositions. It can sometimes even group words by semantic domain, depending on your corpus.
Remember kids, computational linguistics is fun!
Article is missing the most important part....
is it 2x more? 3x more? Maybe 5(log n)x^2 more? sin(cos(log (pi) * -1/2)) + e? More importantly, how much has the standard deviation moved from previous years to this one?
It's just unfortunate that so few people do have an understanding of statistics. I've lost count of the newspaper stories, even years-long media-fuelled "controversies"-, which are based entirely on misunderstood, misrepresented, or malformed statistics. "How to Lie with Statistics" should be required reading in high school.
No kidding!!! What do you say at this point?
statistics, advertising, search engines, and algorithms.
and Texas Hold'em.
This is news only in the retarded world of business. I think we in the natural sciences have capished this quite a while ago.
From TFA:
It may be just me, but it seems that lots of the traditional computer science curriculum has changed. I remember there being some calculus and statistics with calc requirements. Recently I looked at some school catalogs and was surprised to see that the math requirements for a computer science degree had changed substantially to the point that calc II or III was no longer needed. If the article is true then we're in for a real shortage of programmers who understand the mathematics.
At the same time I'm seeing mathematics positions than seemingly didn't exist before. The odd thing is that they were primarily math positions with some computer language requirements instead of the reverse. Instead of some actuarial positions, there are openings in software houses, animation studios, civil sector, etc..
Guess geeks will have their time in the spotlight again soon. Yay for me.
KLL
Stopped me getting laid for most of it.
Next question...?
http://instantbadger.blogspot.com
Because when you shorten a word you carry the plural, otherwise you change the meaning. The parallels between Maths and English in this particular situation are almost ironic.
Scared of flying, pointy things snce 1979!
It's true that mathematics is very much in demand, but unfortunately in the UK that hasn't translated into a greater interest in mathematics. I don't know how things are abroad, but here it's considered shameful to be illiterate, but almost embarrassing to be numerate.
I'm currently at uni studying maths, and a huge number of the people on my course are from overseas. Is it only the UK which seems to suffer from some sort of violent social allergy to mathematical competence?
Math is truly the most awsome among all subjects. Learning it offers you the kind of freedom that is unmatched by learning any other subject. Have you noticed how a mathematician can switch easily between multiple areas of study? That's cuz one can apply math to almost every field imaginable from Language (Computational Linguistics) to Biology (Computational Biology). I don't mean to dismiss learning other subjects (it's important to be well rounded) but can any other subject gift you you with such amazing flexibility?
:)) to appreciate the beauty and elegance of this amazing subject.
There's beauty and elegance in a mathematical result which will always remain true forever. School kids even today, study about the Pythogoras theorem - a mathematical result that was established more than 2 thousand years ago. You're learning Calculus that was discovered by Newton & Liebniz several hundred years ago. Compare this with other fields like Management where the MBA syllabus keeps changing as newer management techniques and new buzzwords/MBA jargon are invented.
Again, I don't mean to dis MBA dudes. It's just that in an fast paced information age where paradigms are constantly being challenged and new ones being invented, it is reassuring to have a body of knowledge that you can always depend on no matter what.
Seriously! You don't have to be good at math (I'm just a lowly Master's and that too in CS
I can't imagine how many more kids would learn math and be good at it if it weren't for the whole "math is hard and dumb" attitude of the general public in the USA. I don't think kids go into math thinking it's all that hard, but teachers even tell them it is. When that kid goes home, his parents tell him it is. The media makes math "stupid" and even in cartoons, portrays people that are good at it as social outcasts. How is this helping us in any way? I think the best advance that Math could take is to achieve a positive image in society. If that happened, then its advancements in science could only increase faster.
stuff |
Do not worry about your difficulties in mathematics, I assure you that mine are greater. - Albert Einstein
I have learned that you can do wonderful and amazing things with machines and math, but machines themselves will never reproduce the creativity, insight, and wonder of the human mind.
He who knows best knows how little he knows. - Thomas Jefferson
It's funny, but I've used more math (especially geometry) doing home improvement projects than I ever did programming computers. Granted, I've never did any intense graphics programming, but a little bit of UI type of stuff.
View FoxTrot cartoon and figure out its Easter Egg. I suck at math, but at least I knew it was binary and had to decode it. You can view AQFL for the analysis and answer. :)
Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
I would like to know if there is a way to make money out of maths skills, as a freelancer.
I mean, I have a phd and I'm quite good at maths, having solved the 3 problems who where thrown at me in 1 year and a half (instead of the regular 3 years) but what I would like to do is :
solve mathematical problems/bring solutions to people/firms in exchange for hard coin.
Kind like a mathematician freelancer/mercenary : You do the job, you get the money and that's it.
I mean, there are web sites for freelancer artists/web developer/coder. But there isn't one for mathematicians.
So, the only way to make money out of maths (in france) is either to teach it or to research in an university. Either way, you are a salary man.
Man, that sucks.
What is the use for those monsters maths skills, that I patiently honed all these years if I can't even make a little cash out of it/or make more money out of it that the average teacher (that really sucks at research/high lvl maths) ?
If you have a Python 2.4 interpreter handy:
>>>l = ['01011001', '01001111', '01010101', '01001110', '01000101', '01010010', '01000100']
>>>''.join([chr(int(i, 2)) for i in l])
'YOUNERD'
[b.belong('us') for b in bases if b.owner() == 'you']
>Instead of some actuarial positions, there are openings in software houses, animation studios, civil sector, etc..
i am a final year mathematics student whose dream isn't to work as an actuary or for a merchant bank. if anyone has advice on interesting fields where mathematicians are required rather than tolerated, i would appreciate it. or in general, advice on where to look.
i have studied almost exclusively pure maths, mainly analysis and number theory with some algebra and computational stuff, and can program C, some Fortran and some C++.
my password really is 'stinkypants'
When I tell a potential employer I know Galois theory, he stares at me for a few seconds, and then asks me "Do you know how to use Excel?". To which I reply that I prefer Mathemathica and rarely touch Microsoft products. Then the interview is over.
When I tell a girl I admire her Riemannesque topology and say her virtues are greater in number than those of the girls of Lesbos combined and raised to the googoolth power, she says: "Dude, you are such a sweetie, but I have to go now".
When I tell my neighbor he can make his wine cellar temperature independent by putting it y meters below the ground, he says "Well, aren't you a smarty, boy!", grins, and then returns home to put on the missis.
When you have so many news stories about anti-competitve rules being put in place in public schools it gets depressing. From schools where getting the responses to questions right isn't as important as understanding who you are. Where schools that don't require you to graduate to get handed a diploma to ones where you have multiple class valedictorians. To read about stories that students put a stigma on success in school because its too much being like "the other race" or such non-sense. Where teacher unions are more to protect themselves than promote the education of children to school boards where the administrative salaries outweigh those of the teachers.
Education in this country needs a serious reform. The primary focus should be making our children the brightest and best in the world. If this means putting public schools into competition with private schools for taxpayer dollars then do it, its done in parts of Europe to this day! Instead we have a system which is run by people only concerned about their welfare and shoving their correctness down societies throat. The schools are not used to educate but to condition. When steps are taken to hold them accountable they run to the courts scream racism, fairness, and about religion. The people teaching our children should never have become second to the people who oversee them just as the children should never have become second to those who teach them.
First and formost disruptive students should not be allowed to force the system to adjust to them.
Next teachers who cannot meet the requirements should not have the "right" to stay simply because of tenure and union muscle
Schools should not have an absolute right to taxpayer money.
Public, private schools, and even home schooling should all be held to the same standards. (currently some areas pass laws that are more strict on anyone but the public school!)
Students who do excell need to be encouraged, not dragged down by anti-competitive practices
Religon should be the domain of private or home schooling. However its existance there should not be grounds for withholding funding. The standards for funding should not even hint about requiring or disallowing religon. (again, all schooling should have the same neutral standards)
Testing must be mandatory at all grades. This allows for quicker identification of students who need more help and systems than need changing.
Its been far to long that people just send their kids off to "public daycare". We do a disservice to our children and society as a whole by not pushing for the best we can have. Throwing money at the problem will not work and has proven so. We must also set levels of achievement that all sides can understand.
* Winners compare their achievements to their goals, losers compare theirs to that of others.
While browsing the stacks at my local library I came upon the mathematics section. It only contained about five or six books: two grade four or five textbooks and a couple books on math puzzles. I found this very disappointing given the importance of mathematics in so many fields, but then, to make things even worse, I happened to notice that the nearby sections on U.F.O's and Witchcraft were actually far better stocked. It made me wonder if this was caused by society's indifference towards mathematics or if it was merely caused by the liberal arts bias of most librarians.
Math majors from top schools are being recruited (along with other hard sciences, physics and CS) by banks, hedge funds, etc. and getting 6 figures right out of college. No kidding. The story is, about a decade or so ago, some hedge funds decided to try letting some really smart people (i.e. math majors from top schools) handle money. They did so well, they made a fortune and it turned the industry upside-down. Well, that might be an exaggeration, but it's more or less true.
Markets had a number of pricing inconsistencies, etc. in them, and these smart mathy people figured out how to take advantage of them. Lots of algorithms and computer programming found application to managing these hedge funds. To correct for these abuses, the markets had to close the gaps and inconsistencies these hedge funds were abusing.
Although a lot of the market problems have since been cleaned up, a lot of math is going into managing funds to maximize profit. There aren't as many people making millions off of just trading, but there's a lot of jobs in the financial industry for smart math people that still pay extremely well.
The financial industry learned its lesson: math is incredibly useful. This has already been obvious in industries like computer programming, where sophisticated math goes into designing algorithms. In the future, I think we'll continue to see other industries finding out how huge the benefits of math can be.
Comment removed based on user account deletion
May I point out that not all reasonable people believe that math is our own creation per se. (No, I don't support Intelligent Design). You will find textbooks filled with discussions on the nature of mathematics, varying from pure Platonistic arguments down to Positivism and a plethora of other ideas. Godel himself was more of a Platonist than most of us would anticipate. In fact, most of us carry an implicit Platonistic attitude. As a great example, almost every science headline resorts to "X discovers Y!". Now, in order to be discovered it had to be there in the first place! There they are, the per Our scientific community has an implicit Platonistic view and I think most people don't realize that until you expose it. (Well now you should know!)
As for Godel's Incompleteness, it is an amazing result but it's not a silver bullet for math. It killed Hilbert's program, that's for sure, but it's hardly the end of math. Technically speaking, we can disallow Godel's result by fiat through some clever limitations, but the problem with that of course is the very fact that we're disallowing by fiat. And not to mention, not all of mathematics is affected either (ex. third order logic seems to be doing fine).
I've listened to dozens of arguments trying to outright discredit math based on Godel's results, and I must say, 99% of the time the speakers only have superfluous knowledge of the result and yet they extrapolate to derive amazing results. It reminds me of AI (Artificial Intelligence) where every other psychologist talks about the 'limitations of machines' blatantly unaware that what they are really referring to is the 'limitations of algorithms'. It's a succinct point, but before you build your mansion, might as well check the foundations first, right?
This may surprise those of you who assumed that the British contraction is older than the N. American one, but the opposite is in fact true.
The first use of 'math' recorded in the Oxford English Dictionary is in 1849, whereas its earliest recorded entry for 'math' is in 1911, penned by the English War Poet Wilfred Owen
The well-known plural form 'mathematics' is to be compared with terms such as physics and metaphysics. In early use, the subjects were often referred to in the singular, as matamatik, fiskyke, and metaphesyk. In plural, they connoted something entirely different. For instance, physics was the title of Aristotle's collected physical treatises. 'Mathematics' would be used to denote the collection of the various branches of mathematics, such as geometry, algebra, etc. In modern usage, 'mathematic' and 'physic' have fallen by the wayside and the plural forms have taken their place.
Phoenix, Boston, Little Rock, see a pattern?
I have heard this before. When I was working on a math PhD in the 90's they said the same thing. But then, it was Wall Street calling.
Know math... Yes... But as a platform to an applied field where you will stand tall with a strong math background.
Otherwise, get ready for low pay unless you graduated from MIT, NYU , or Cal Tech in a program designed specifically for the "latest" applied math craze. I watched graduates from a top 10 Applied Math Program grovel for 1 year post-docs. Many went into Comp Sci AFTER receiving their PhD because they did not want to enjoy the bountiful $35K they would get as a post-doc.
By the time a place like Business Week has an article on this, the top math programs located nearby the trend (Read that Boston, NY or Silicon Valley) already have a specialized sub-degree for the trend.
Also, be aware that PhD's tend to prefer hiring students from their adviser or their academic friends. Also a limiting factor for getting a job offer as these high end applied research jobs.
Yep, stick with your applied field and a strong math background.
This is a widely-cited and often misquoted (and misunderstood) theorem in economics. "Win-win" in this situation requires that the winners compensate the losers. If you don't pay compensation for the loss (e.g., the salary they would have earned), then you have a winner and a loser, period. You have no way to say that one's gain offsets the other's pain.
The economic theorem says that the monetary gain for the winners is great enough that it is *possible* for the winners to compensate the losers so to leave as well off as before. In this case everyone is at least as well off. But if you don't compensate the losers, you can't say a thing.
In fact, much work has been done in the last few decades in the model-theory literature. It used to be believed that Goedel like unprovable, unfalsifiable statements were somehow unnatural and would never surface in "ordinary" mathematics. After all, except for theoretical computer science classes, where does the halting problem show up in ordinary computer science? Then came the Paris Harrington theorem, a result from generalized ramsey theory which was proved to be unprovable in peano arithmetic. Since then other natural unprovable results have been found as well.
Back when computers were first put into use, their primary function was highly math-intensive - in fact, that's about all they did. I'd argue that much of what computers do today have little to do with math- much of the effort is focused on "e"-izing procedures that were formerly manual, or that require restructuring to accommodate a changing bsuiness climate. To be sure, there are still specialized pockets that rely on heavy math (like weather forecasting, statistical analysis, graphics, etc), but a degree in math certianly isn't a requirement in order to write a halfway decent business-related web app.
I think you over-estimate the quality of life at the poverty line and all the problems that go along with it. The sense that you give is that people who live under the line have all the amenities everyone else has, but only to a lower quality.
Let me help you out here. I lived with a family of 6 whose yearly average of taxable income of $14,000 (c.2000). We received welfare ($600/month), food stamps ($250/month), and received subsidized rent via HUD ($-400/month). As you can tell, we were below the poverty line.
Now consider the average education level of those under the line. I think my family was a good example having a Vietnam-vet with a GED as a father and a middle-school-educated mother. They were not capable of finding significant income in an area that would allow "people like us" to live.
They eventually got a car-- an '80s junker on a 16% interest loan. We had 2 color televisions with cable. "Why?," you ask? because there is literally NO OTHER WAY OF ESCAPE in a society that focuses around entertainment! A one-time cost of $200 and a monthly cost of $25 is damn reasonable when you consider that most Slashdotters rarely think more than twice about upgrading their system (or buying a new one) with a pricetag of 200+.
Lastly, there's all the qualitative differences in a family that lives below the poverty line. There's frustration (an extreme understatement here) of being stuck and unable to provide. This anger is, more often than not, expressed physically with women and children on the receiving end. There's depression, lack of confidence, in ability to socialize outside of your born-in group as other groups cost money to associate with, no culture of education... there is no hope.
So, before you rain judgement from upon high based on severly miscalculated eyeball-assumptions, give it a shot.
--Ps. The polio thing made me laugh. If you're poor and living in California, you have a limited number of times you can see a physician, emergency room, dentist, or an optometrist in a year. When I was in high school ('96-'00) we had 6 stickers on our Medical tickets. 1) Glasses, 2) Fillings, 3) busted thumb in PE, 4,5,6) Tonsilitis. After that, and with a 104-fever, I was SOL.
The simple fact is that only a small percentage of the population has the requisite knowledge of mathematics, and only a small percentage of them have the passion and drive to pursue math even further. I am one of those mathephiles, and I'm proud of it. The problem with the article is that non-mathletes don't necessarily understand mathletes. It raises privacy problems and such as problems in the mathematical world, but the real fact is, math really does nothing to avert privacy. Maty can be used to devise algorithms which may or may not undermine privacy. The real fact is, however, that overzealous entrepreneurs will attempt to bastardize the good applications of math for their own ill gain. I don't really see a problem with the mathematical progress we make. I personally think that if businesses use math, and consumers are too stupid to realize they are being pimped, for lack of a better term, by industry, then they deserve what they get. I will still be an alert person and protect my privacy by being careful. There is no substitute for common-sense.
The other problem I have is that we need to lure women and "ethnic minorities" into mathematics. Sure, it would be wonderful if there were more female mathematicians. But we can't simply set up a quota system for mathematicians. This is more of a society problem than education or anything. Big entertainment has put out this message that being intelligent is "uncool," especially when one is good at math. In fact, society scorns illiterates, but people brag about inneptities in mathematics. Look at the news media. They are preaching about this avian flu, but their already fragile case for hysteria is flattened by their fouled up statistics (no pun intended). They say the mortality rate is something like 75%. With a logistic growth model, that would knock off huge amounts of the population in its second stage, which has definitely not happened yet. But if you look at the sources of their statistics, they only accounted for people who have been confirmed with avian flu, and specifically those who died or were critically ill. The actual numbers of people who have been infected is probably much higher, and in past years many people have probably been affected by it and then overcame it, thinking it was a "normal" flu. With these people taken into account, the true mortality rate is probably much less. The lack of math knowledge in the media is terrible, because these people just utter words that they think they understand. "Mortality rate" is the ratio of deaths (with respect to something) per 1000 people. If you looked up infant mortality rate, it would be quoted as "n deaths per 1000 live births". When society en masse becomes more attentive to mathematics, then we will start to see women enter the field.
'Ethnic minorities' was the phrase that stumped me. Why do we beat around the bush and use this PC "ethnic minority" crap? I work in a physics lab with physicists, enginneers, and mathematicians. Its like the friggin' UN in there. A guy from Thailand, one from India, a Pacific Islander, a guy from China, a black guy, then two white guys (another guy and I) all work in an office. There is no clear majority! The only real fact is that we're all men. What pisses me off is that we can't say "we wish more blacks would enter the mathematics field," we have to say "we hope 'ethnic minorities' enter mathematics." Ethnic minorities are distributed all throughout mathematics in the US. Asians, Indians, and Arabs are all present in mathematical fields. Maybe when ignorance by the media is overcome, and the real truth is confronted, then we'll see mathematics interest really spike across the board.
Seriously, I have this same sort of problem, but the problem is not what you say, it is in the delivery. People are not receptive to intellectual snootiness, even if you did not intend it that way. Instead of a terse "excel is crap, mathematica is much more leet" type of reply, say something along the lines of "I can use Excel, and it is a very useful tool. However, oftentimes I need some extra functionality I can get with only with Mathematica, like the ability to solve differential equations." Learn to talk with people, not down to people. It's a bitter pill to swallow, but get over it and yourself.
I'm trying to do the same.
A witty saying proves you are wittier than the next guy.
I am a freelancer mathematician (see http://www.northcountrynumerics.com/) . I work in seismic exploration, and also defense-related industries. I don't think it is possible to do this kind off work without having lots of personal connections, though; clients don't want to entrust some random person they've met once with a difficult and important mathematics problem. My work with my clients is much more like an academic collaboration (without the annoying emphasis on publications, though ironically I have more time for publication now than I did when I was in academia) than it is like an engineering or software development task.
The projects are also usually quite specialized, so you can't really walk in and solve someone's problem unless you aren't already quite knowledgeable in that particular sub-field of mathematics, and have a proven record of solving problems in that area.
All is Number -Pythagoras.
If you have unlimited capital and no betting limit, you cannot lose.
But LTCM didn't have unlimited capital and did have a betting limit (you can't make a bet larger than the rest of the world is willing to take the other side on).
LTCM was betting martingale. That they had two Nobel prize winners and 250 more years of advancement and still ended up with a system that only works as well as martingale is both in indication of the level of foolishness on Wall Street and a real indication of the difficulty (possibility?) of beating the market with a system.
Anyway, if you read the book (better yet, both), you can see that even if they had a few mathematical equations saying they were right, there's a lot more reasons they were actually wrong. The complexity of the markets is sufficient that you can make an equation showing how safe you are and still be wrong. Your equation is either built on incorrect assumptions or fails to include other factors that turn out to be important.
LTCM was wrong mainly because they were using far too much leverage and thought it was okay because they thought they had multiple independent "wagers" that thus lowered their risk, because the likelihood of two independent failures of their system was very low, and they figured they could survive 3 or more! The problem is their wagers were not really independent and so more than 3 went south at once. They fooled themselves. They were fools, not victims of circumstance.
Here's the one most importance in "When Genius Failed". LTCM's return on working capital was smaller than that of a savings account. Their real trick was being able to borrow capital at such low prices. If they had deposited their borrowed capital in savings accounts they would have made more money faster and not lost their butts either. What geniuses.
http://lkml.org/lkml/2005/8/20/95
I am sorry that your child life was so horrible, but there is no way that it was society's fault that you had it so bad. In your case it is very obvious that it was your parent's fault. Families like these are a drain on our society, and I do not think it is the job of the government to help them out.
First off, 6 KIDS !?!?!?! Stop having kids damn it. If you can barely feed yourselves then do not have kids. I can understand having a couple of "mistakes", but 6 kids? That is both irresponsible and reckless. Instead of trying help their children have better lives, they kept popping out more kids so that you all could have as few opportunities as possible. Maybe some of you turned out fine, but that would be nothing but luck and statistical anomolies.
And a total income of $14000? One parent working full time at $6.75 an hour makes $14k a year. I started working at the age of 15 at a fast food place making $5.75 in 1995. Any adult that cannot make more than $6.75 an hour is incompetent. I worked in fast food for about 5 years total in my life, and knew many adults still stuck in basically minimum wage jobs. Every last one of them were in such positions because they were incapable of actually being useful citizens and holding a decent job.
Any family making $14k a year total is lazy. You cannot blame society or technology because 2 people are irresponsible and lazy.
And before you start calling me some spoiled rich kid, my dad was a small farmer and we did not have much money until I was a teenager. My mother is intelligent, but my father isnt exactly a smart guy (he never got past arithmetic in high school). But my dad was a very hard worker and at least made more than enough to provide for us, even though he didnt own the land he worked on.
I am sure there were factors that would have made it very difficult for your parents to become middle class. But there was nothing keeping them that poor other than themselves.
-- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
Now if only you can learn to coach baseball you'd have all the makings of a great Highschool math and typing teacher!
If you don't know what AltaVista is (was), get off my lawn.
I would highly recommend the Schaum's Outline series. I'm a physicist, and I have quite a few of them on my shelf next to my textbooks.
They are extremely useful for reviewing material that you once new, and they're not too bad as a text for exploring things you've never formally learned.
Jim