Patrick Byrne: What do you do?
Patrick M. Byrne is the CEO of the Internet retailer Overstock.com. Byrne received his B.A. from Dartmouth, studied at Cambridge University as a Marshall Scholar, and earned a PhD in Philosophy from Stanford University. He co-founded Overstock.com in 1997 and became CEO in 1999. In 2005, Byrne initiated a controversial campaign against "naked short selling" in which he accused a "Sith Lord" and various financial firms of sabotaging Overstock's share price. Byrne also serves as head of First Class Education, an education lobbying group that seeks to require that 65% of all educational spending be spent "in the classroom." A strong proponent of school vouchers, Byrne spent almost four million dollars in advertising for a bill that would have given Utah residents who enroll their children in private schools taxpayer-supported subsidies. The bill lost, 62-38%.
Patrick Byrne: Well I think of my role very much as being like a teacher, like a professor. I used to be an academic, and I’m not. It could be that I just interpret my current role that way, but you really can’t get very far just being the boss like from the Jetsons cartoon and, you know . . . Spacely Sprockets, shouting at people and giving them orders and stuff. It’s really a question of how quickly can you teach them and how quickly can they learn. And stepping back and giving people a lot of room to grow . . . In fact that’s, say, the difference between, in my view, middle management and upper management, is a middle manager is suffocating to his people. He may get a lot done, but he’s suffocating. And sometimes you have to accept a tradeoff that you’re going to be less suffocating and things might not be done as well or as quickly; but more people will learn. And the idea is to build a learning organization. I think of it almost as being like a college president, and we’re trying to build a learning organization. And there are times when I step in and . . . times when I step in to screw things up, and times when I step in and make things marginally better. I hope a few more of the latter than the former. But it’s really not about giving orders so much as creating the environment and the people who are gonna be able to carry on. Recorded on: 10/29/07
Byrne explains how he sees his role as entrepreneur.
The team seems to have found a way to extend animal lifespan without genetic modification.
- Using specially cultivated embryonic stem cells, scientists generated mice whose cells had extra-long telomeres.
- Telomeres are stretches of DNA at the ends of chromosomes that help protect the genetic information inside.
- Lengthening telomeres in embryonic stem cells could pave the way toward slowing aging without genetic modification.
The results have startling implications about the evolution of psychopathy in humans.
- The researchers asked about 50 male university students to participate in a mock dating scenario.
- Men with more psychopathic traits were seen as significantly more desirable by women who watched videos of the encounters.
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We should care about constitutional rights for all, says lawyer and religious freedom scholar Asma T. Uddin. If they are denied for some, history demonstrates how they may be at risk for us all.
- Islam is being challenged as a religion in America today. Opponents claim it is not a religion, but a dangerous political ideology.
- Lawyer and religious freedom scholar Asma T. Uddin challenges that view and explains why it is a threat to the religious liberty of all Americans, not just Muslims.
- In U.S. history, Catholics, Jews, and Mormons have all been "denationalized" as Americans and persecuted for their beliefs. This destructive precedent is a threat to all Americans, across all belief systems.