| | Tweet | In “Wanted: Worldly Philosophers,” Roger Backhouse and Bradley Bateman say:|”IT’S become commonplace to criticize the “Occupy” movement for failing to offer an alternative vision. But the thousands of activists in the streets of New York and London aren’t the only ones lacking perspective: economists, to whom we might expect to turn [...]
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Tweet Via NPR‘s All Things Considered, from correspondent Richard Harris, Feds Delay Decision On Pipeline Project The State Department is delaying a decision for at least a year on whether to approve the Keystone pipeline. The $7 billion pipeline would carry oil from the tar sands of Alberta, Canada, through the U.S. to Gulf of [...]
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Tweet I thought the market would crash in the wake of the Earthquake / Tsunami / Nuclear Meltdowns at Fukushima. It didn’t. However, something much less serious may be bringing the market – and the economy – to it’s knees. Politics. The Voice of America reported here that Standard & Poors downgraded US debt from AAA to AA+. [...]
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What would I #AskObama (on Twitter or in person)? 1: #AskObama Economists think in terms of resources. How do we change the conversation to think in terms of processes, systems, interactions? 2: #AskObama Neoclassical Economics: Resources & Wastes. Ecological Economics: Systems: Stocks, Flows, Processes. Burn Coal: Fuel ergo Waste. Solar: No fuel ergo no waste. [...]
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Tweet During the Great Depression the Classical Economists said “Unemployment is voluntary. Business owners will not voluntarily keep the means of production idle.” While he had been a student of classical economics, John Maynard Keynes observed that the data didn’t fit the theory. And, he reasoned, if the observable data don’t fit the theory, [...]
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NY Times Special (Business As Usual) Energy Section Clifford Krauss’ “Can We Do Without the Mideast?” sets the tone for the “Special Energy Section” in the NY Times, March 31, 2011. “The path to independence – or at least an end to dependence on the Mideast – could well be dirty, expensive and politically explosive.” [...]
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First in a series on the earthquake, tsunami, aftershocks and partial meltdown in Japan
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Wisconsin Governor Scott Walker is trying to stimulate the economy by eliminating corporate income taxes and regulations on businesses and cutting taxes on wealthy people (click here or here). These kinds of activities do stimulate GDP. Here’s how. Wealthy people, like Lindsay Lohan, Brittney Spears, Mel Gibson, and Charlie Sheen have people, including paparazzi and [...]
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The Furman Paradox: “You want to be ahead of the curve, but not too far ahead. When the word on the street is sell, and you understand something others don’t, it may be time to buy. And remember, it’s a systems phenomenon, look for the feedback.” The Cornick Postulate: “There are things that seem too [...]
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Second in a series (1, 2) that began on “Earth Day” (0). “In order to make Policy, you have to be good at Politics.” – Deborah Stone, “Policy Paradox” I like and respect President Obama. I think he’s a well educated lawyer and law school professor, with a good grasp of the Constitution, and the [...]
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In his State of the Union Address <video, transcript Englsh, en español>, President Obama said “The best anti-poverty program is a world classeducation watch free the king’s speech online .” He described a positive, or reinforcing, feedback loop. Education enables people to accomplish more, earn more, and better educate their children, who also accomplish more [...]
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Via TheStandard.Net, By Loretta Park (Standard-Examiner Davis Bureau), (click here for article) South Davis Metro Fire Agency Deputy Chief Jeff Bassett said the explosion occurred because a pipe carrying hydrogen and diesel overfilled and sent some of the product onto the ground, where it pooled. It found an ignition source, a furnace, which caused the [...]
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“All this matters because economists thought, wrote, and prescribed as if nature did not.” J. R. McNeill, Something New Under the Sun. “Global Warming is nonsense. Greenhouse gases mean growth, far as I can see. The Earth is one big resource, to exploit and consume, for the grand old party.” L. J. Furman, Sunbathing In [...]
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Robert F. Kennedy, in a speech at the University of Kansas, March 18, 1968, said: “Our Gross National Product, now, is over $800 billion dollars a year, but that Gross National Product – if we judge the United States of America by that – that Gross National Product counts air pollution and cigarette advertising, and [...]
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The same messages can be communicated by signalling the letter "K" in Morse code via signal lamp. (While a proper signal lamp may be ideal, a flashlight, probably best employing red LEDs, will certainly fit the bill).
In Morse, the letter "K" is represent as Dash - Dot -- Dash.
The ICS also has a subset, the Medical Signal Code, which uses three-character phrases to communicate brief medical messages.