Archive for Physics

Wakeham Review

Posted in Science Politics, The Universe and Stuff with tags , , on October 1, 2008 by telescoper

Today is the day of publication of the Wakeham Review of the state of Physics in the United Kingdom. This report was commissioned by the Secretary of State for Innovation, Universities and Skills (DIUS) against the backdrop of the funding crisis that threatened to engulf the
Science and Technology Facilities Council (STFC) in December 2007 and which has led to drastic cuts in research grant funding in particle physics and astronomy throughout the country.

I started blogging a bit too late to join in the chorus of anger surrounding the handling of this crisis by STFC and especially by the behaviour of its Chief Executive, Keith Mason. An investigation of this by a parliamentary Select Committee stated that

Substantial and urgent changes are now needed in the way in which the Council is run in order to restore confidence and to give it the leadership it desperately needs and has so far failed properly to receive”

If anyone was ever given a clear message that he should resign, this was it. But Keith Mason remains Chief Executive of STFC.

I hoped, therefore, to find some comment about this state of affairs in the Wakeham Review. I haven’t had time to read all of it, but most of it seems bland and rather self-congratulatory. It does, however, describe the strengths of astronomy and space science research in the UK, which is one of the areas placed in jeopardy by STFC’s cack-handed management and woeful lack of political nous. On the other hand, the UK has less impressive impact in other areas. Condensed matter physics was the research area in which most University-based physicists in the UK worked in 2001but their impact, at least in bibliometric terms, was and is unspectacular compared with other countries. Perhaps this is the reason why the number of condensed matter physicists submitted to the Research Assessment Exercise in 2008 has declined, while astronomy and astrophysics have increased.

The Wakeham review does not come to any clear conclusions on why some areas of physics are more popular than others, citing as possibilities laboratory costs and difficulties of attracting people into cross-disciplinary areas like biophysics or nanoscience. Since I’m not a member I don’t have to mince words like the panel did. I think some fields are popular because they are more interesting. And if people wanted to do chemistry or biology they wouldn’t have become physicists in the first place.

There are two paragraphs specifically about STFC, and they make very specific proposals although falling short of asking the current leadership to step down:

6. There is a need to ensure that there is coherence of planning of physics facilities and the allocation of physics research grants, so that research needs are closely aligned with facility provision. For that reason it is not desirable to separate former PPARC-like physics from the funding of its facilities. For this reason the Panel recommends that the current division of physics funding between Research Councils remains. Whilst recognising recent difficulties, the Panel believes that it is important that facilities provided for particle physics and astronomy researchers be directly tensioned with the budget for the research that will utilise those facilities. The current structure provides this tension in part of its remit. However, the panel believes that adding to this tension a further dimension of national facilities and a government Science and Innovation Campuses is just too much.

This is true but I think it’s only a small part of the problem.

The Panel recommends that:
a) the STFC be required at each CSR to bid for and allocate specific funds to former PPARC facilities and grant funding together.This would avoid the undesired tensioning of these grants and facilities support against national facilities and the project for the development of science and innovation campuses.

Good! But will this happen?

b) the existing structure should be allowed time to develop, given it was founded on the basis of extensive positive consultation. However, at an appropriate point following the review of STFC management currently being conducted by Dr David Grant, DIUS should commission a review to examine STFC operations.

*Sigh* Another review. Great.

The next one is a bit stronger:


7. The STFC’s governance structure must be representative of the community it serves in order to gain stakeholders’ confidence going forward.

“..stakeholders’ confidence going forward”? Ugh! Who wrote that bollocks?

The Panel believes that significant damage has been done to the UK’s international reputation in some areas of the discipline of physics following the furore that was generated by the manner, timescale of changes and announcement of recent STFC funding decisions.

You can say that again.

The Panel were very concerned at the make-up of the STFC Council, both in terms of the over representation of the executive and the lack of representation of the community it serves in comparison with other Research Councils. It is understood that this structure was deliberately adopted to deal with the distinct features of STFC that arose because of its multiple missions. However, this has not best served the scientific community in some branches of science whose input was at one level below the Council. This is in sharp distinction to the practice of other Research Councils.


The Panel recommends to DIUS that the membership of STFC’s Council be broadened to include more of the stakeholders in the science activity at the highest level, and to redress the balance between executive presence and non-executive oversight.

Somebody must have deleted the sentence about having to get a new Chief Executive.

I’m sure there’ll be a lot more on physics blogs when there’s been time to digest the whole report, and if I think I’ve missed anything at a first reading I may post some more myself.

Critical Phenomenon

Posted in Finance with tags , on September 30, 2008 by telescoper

I turned on the TV last night when I got home and learned to my amazement that the US House of Representatives had voted against the package of financial measures assembled by the Treasury Secretary, the nice Mr Paulson, to deal with the Credit Crunch. As news broke the US Stock Market fell and by its close was 7% down. Pundit after pundit appeared on the small screen offering opinions about why Congress had said no and what would happen next. The really scary thing is that it is clear that there is no Plan B.

Overnight, asian stock markets fell and this is sure to follow in Europe and especially in the UK where so many of the leading companies involved in the FTSE index are banks and other financial institutions. The FTSE index fell 5% yesterday, but it closed before the result of the US vote was known. This morning there is certain to be another drop, tearing a large hole in pension funds and putting even more severe pressure on the banks.

Much more of this and the entire economic system will be in pieces on the floor. And who will suffer? Pensioners, or those approaching retirement will see the immediate brunt but the knock-on effect for the working people in general could be catastrophic. Unless something is done quickly – and it could be too late already – we could be heading back to a Great Depression like that of the 1930s. The present situation is eerily reminiscent of the Wall Street Crash of 1929, and could even turn out worse owing to the complexity of the financial instruments now involved in trading and the speed at which panic can propagate through the digital economy.

I suppose one can’t really blame the politicians entirely. Some congressmen voted against it for understandable reasons, primary among them being that it was using taxpayers money to bail out the institutions responsible for making the mess.The Republicans, on the other hand, seem to have voted against it on the grounds that it was too much like “socialism”. Maybe it was, but it was also pragmatism. I’ll never have any time for any politician who is scared of doing something right because it has the wrong kind of name. In any case governments these days have little chance to really influence global capitalism, and that even goes for the USA. It was never clear the Treasury plan would work anyway. Any surge resulting from its approval could well have been no more than a stay of execution.

Looking at economics as a physicist is probably not a very useful thing to do. There are no conservation laws for money, for example. Otherwise it couldn’t have turned out that everyone is in debt to everyone else. But I do think that one identify in these events the character of a phase transition. For many years the financial markets have lived in a false equilibrium, and now they have reached a critical point and are about to collapse into a different state. After the 1929 crash, which overall amounted to a loss of 89% of the peak market value, it took until 1954 to recover (in cash terms). The parameters of the world order are about to change, but what is going to follow is anyone’s guess.

Regardless of the vote in the House of Representatives, some form of transition was inevitable. It was only ever a question of when. All the years of economic growth we’ve had based on housing bubbles and lax credit is about to turn into a major crash which could well lead to huge changes in the political arena too, just like it did in the 1930s. It may be many years before order can be restored.

But it’s our own fault. The industrialized nations have been living beyond our means for way too long.

We deserve it.