I think you want to say “homosexuality being basically mutable” Michele’s Bachman’s husband ran a conversion therapy group to convert homosexuals into heterosexuals. If you are going to use scare tactics, at least get your facts straight.
For a accredited degree granting institutions that would be true. I will grant that there has to be some type of regulation, but I would quibble that they would have to register with every single state – but that is off topic and for another debate.
Coursera is not this. It not accredited so from an academic viewpoint why does it need to be regulated?
And is there anybody here from Minnesota that has any good ideas on how to get this changed? I am going to e-mail Minnesota Office of Higher Education, but I suspect that is only the first step.
One of the goals of money is to be a store of value – which means stable.
So, in an idea world there would be no inflation or deflation. However, that would mean that the value of money would be stable as personal preferences and productivity changed over time and geographical areas – including external shocks. That can’t be done.
Hyperinflation is bad – the only good thing one can say is that it’s better than deflation – so the default option is low steady inflation.
What you point out is true and important, but It is not “all psychological”.
Deflation increases the value of money, so it increases the wealth of those who have it (people who hold cash, bonds, etc) and decreases the wealth of those who don’t (debtors, young people with pseudo-liabilities such as education and retirement).
I prefer Hayek over Keynes, but I find it hard to fault Keynes analyst of Great Britain deflationary experience after WWI.
Money is defined as a medium of exchange, a unit of account, and a store of value. It is the last bit that crushes your argument. As soon as you introduce time you introduce the concept of borrower / creditor.
For a strict example, should you quit your job and go back to school? You are, in effect, borrowing money from your future self on the assumption you will be able to earn back the lost wages and then some. How can you tell that if you don’t know what your future wages will be worth? No need for fancy social constructs.
Which leads me to your housing example. Let’s say I want to buy a house with cash. With no borrowing that means no lending, which means no savings accounts. I have to stuff my money either under my mattress (and hope it retains it value) or use alternative money (stock market, tulips, etc). COLAs are not the answer either. Countries where COLAs are common tend to have higher inflation rates since COLAs tend to be a positive feedback loop. And countries with high inflation tend to have low investment rates.
Which brings me to Gresham's law and BitCoins. My opinion is that BitCoins is a fad that will collapse. However, the hoarding is one of the few pieces of evidence that I have seen I BitCoins favor. It implies people are holding on to the good money.
A Monetary History of the United States by Milton Friedman and Anna J. Schwartz This Time Is Different: Eight Centuries of Financial Folly by Carmen M. Reinhart and Kenneth Rogoff
Either one will cover your first 3 points.
But in short: Moderate Inflation has been associated with economic growth: See past 50 years. Abundant historical examples. Deflation increases the value of money – thus it transfers wealth from those who have money or are creditors – thus encouraging wealth people to invest in government bonds instead of real economic activity. See Great Depression or Japan over the past 15 years. High inflation destroys savings and discourages poor people from investing (including education, homes, etc). See America during the 70s. See great britain having to break with the European monetary board. These effects are all quantifiable. i.e. there are formulas out there. However, those formulas are highly tinged by psychological factors (people’s perceived need for money and stability), growth in productivity, availability of alternative currencies (bit coin, HELOCs on overinflated homes, tulips, etc.)
They don’t do it subdermally, they do it exdermally (is this a real word?) like people. i.e. they do it like a ear piercing, not under the skin which could muck up the leather or hamburger.
And today Google is celebrating Winsor McCay. I know when I was young that I looked at these old drawings to envision the future. Tall buildings and lots of Zeppelins. Technology does have a way of defining how things look. Good printing technology 100 years ago did have a specific style.
I find your statement a disingenuous. The issue is not that you refuse corporate donations it that you lack identifiable support. Now, perhaps, the method of identifying support is piss poor.
So what would be a good measure if not cash? We want something simple and hard to fake. We want to exclude the crazies and non-viable candidates. Also, first past the post naturally gravitates to a 2 party system but we don’t want to be locked in.
Almost everything I come up with requires some type of editorial qualitive decision by the network.
Define self sufficient? A couple of acres (less than 10) is sufficient to run a truck farm. 40 acres used to be sufficient (i.e. minimum level) for Kansas wheat farms. Of course at this level we are talking about subsistence living with few modern conveniences. As for modern? How do you pay for the modern tech – in particular the capital spending side? Even solar cells have a limited lifespan. At that point being “self-sufficient” goes out the door. Even homesteaders had to rely on other people for blacksmithing, power threshing, milling grain, canning supplies, etc.
Why wouldn’t this scale? This is a serious question. This is the first time I have heard of this project and I am trying to figure out the pros and cons. It’s got a Bucky Dome, so that is a huge plus in my book, but that is as far as I have gotten.
Nah, you don’t need your own launch facility. Just file off the serial number and have Switzerland issue a fake title. Then you can use NASA’s facilities with a straight face.
You are wrong – and it is a classic rookie mistake. If you believed that I would love to trade with you, because it means that I could make money off of you risk free all day long. It is called It is called the “No Arbitrage Price” – see http://en.wikipedia.org/wiki/Forward_price. All you need . 1. The current spot price 2. Current interest rates 3. Storage and lease rates. Unlike options, CDO, or other fun financial products, Futures pricing is straight forward. No probability, no liner programing, etc.
I guess the Founding Fathers were all motorcycle riders then.
I think we can safely assume that most of them rode carts and wagons instead of ponies.
Most of the founding fathers could ride. George Washington was know to be a exclenet rider. Jefferson was considered odd because he was a poor rider. Back then having a good seat was a sign of manliness - kind of like riiding a motorcycle today is a sign.
I think it is a question of bad faith, not on any particular technology.
You have 2 companies forming a partnership. This requires the exchange of some sensitive information. I will show you mine if you show me yours type of situation. Fuhu, being a smaller weaker company, had to expose more. After Toys R Us had a good look over it walked away and started its own line.
It kind of reminds me of Bob Kearns. http://en.wikipedia.org/wiki/Robert_Kearns. He is a small inventor and shops his invention, the intermittent windshield wiper to the auto companies. He, being small, has to show all of the details. The automakers decline – then a few years later start making their own.
While Kearns had a clear technology difference – I don’t Fuhu does – it does show the imbalance of power between small and large companies.
First, it uses the Thorium fuel cycle. Consider your slant I would think that was a plus.
Second, they are not talking about “perfectly good“ fuel – they are talking about heavy metals. Most of the waste, by volume, are not the fuel rods but more humdrum stuff, like metal pipes. Not usable for fuel but still very radioactive for a long time.
You don’t have to worry – it is not happening here – The kings still rule. I personally find the title misleading.
“Member owned” implies that it is some type of co-op – where customers buy into the company. Like a co-op, a mutual insurance company, or something along these lines.
This is more like Victor Kiam when he bought the Remington razor company – you know the tag line - "I liked it so much I bought the company".
IIRC, this is the 3rd time I have heard about the last typewriter plant being shut down.
What happens is that they run the factory at full capacity. After a few years they have a warehouse full of them so they switch the line over. Which kicks off a news story. After a few years the warehouse is empty, they switch the line back to typewriters. Amazon is still selling them so there must be some demand left in the morden world.
I too voted for manual typewriters, but I am not sure they are cheaper then computers. The initial cost may be lower, but when the manual typewriters will fail they will need to be repaired.
Repair costs will be highly dependent on your local infrastructure. It is not that they are inherently expensive to repair, but it does require somebody trained in the craft.
In the U.S. that can be expensive. People have lost the manual arts of typewriter and wind up watch repair. It used to be there was a repair shop in every small town – now you need to send it off to a specialized shop.
Dairy farmers are not paid on the amount of the milk they produce, but on the quality of their milk – such as fat content. Different cows produce different quality of milk when on different feed. This would allow the farmer to adjust the feed to maximize profits. (I saw something like this at a land grant university back in the 80’s. They had a slightly higher need for raw day.)
And I am not so sure about pure “organic” milk. We can debate the nutritional differences. That being said, the farmer that I know, who has 2,000 milk, has round the clock staff, a vet on staff, the barn is immaculate, and generates electricity from the dung. From a environmental standpoint much better.
The organic family farmer that I know, which has less than 50, runs a shaker operation. And what kind of burns me is that he won’t treat his sick animals. If he treats them with antibiotics they are no longer organic and thus worthless to him. So he just lets the animals suffers and hopes. One of those good intentions bad results situations.
If you are teaching typing, that means you are teaching touch typing – to rapidly and correctly depress keys without looking at the keyboard / hands. Computers are a bit of a disadvantage because they don’t encourage accurate typing. i.e. the penalty for making a mistake on a typewriter is greater than that on a computer – yeah backspace! Learning how to 10k is very different then learning how to use a solar powered
Learning how to 10k is very different then learning how to use a solar powered calculator. Most don’t have the right spacing.
Now type 50 times - The quick brown fox jumped over the lazy dog.
Computer literacy – which is nice – is a separate subject.
Slashdot Mirror
I think you want to say “homosexuality being basically mutable” Michele’s Bachman’s husband ran a conversion therapy group to convert homosexuals into heterosexuals. If you are going to use scare tactics, at least get your facts straight.
For a accredited degree granting institutions that would be true. I will grant that there has to be some type of regulation, but I would quibble that they would have to register with every single state – but that is off topic and for another debate.
Coursera is not this. It not accredited so from an academic viewpoint why does it need to be regulated?
And is there anybody here from Minnesota that has any good ideas on how to get this changed? I am going to e-mail Minnesota Office of Higher Education, but I suspect that is only the first step.
One of the goals of money is to be a store of value – which means stable.
So, in an idea world there would be no inflation or deflation. However, that would mean that the value of money would be stable as personal preferences and productivity changed over time and geographical areas – including external shocks. That can’t be done.
Hyperinflation is bad – the only good thing one can say is that it’s better than deflation – so the default option is low steady inflation.
What you point out is true and important, but It is not “all psychological”.
Deflation increases the value of money, so it increases the wealth of those who have it (people who hold cash, bonds, etc) and decreases the wealth of those who don’t (debtors, young people with pseudo-liabilities such as education and retirement).
I prefer Hayek over Keynes, but I find it hard to fault Keynes analyst of Great Britain deflationary experience after WWI.
Money is defined as a medium of exchange, a unit of account, and a store of value. It is the last bit that crushes your argument. As soon as you introduce time you introduce the concept of borrower / creditor.
For a strict example, should you quit your job and go back to school? You are, in effect, borrowing money from your future self on the assumption you will be able to earn back the lost wages and then some. How can you tell that if you don’t know what your future wages will be worth? No need for fancy social constructs.
Which leads me to your housing example. Let’s say I want to buy a house with cash. With no borrowing that means no lending, which means no savings accounts. I have to stuff my money either under my mattress (and hope it retains it value) or use alternative money (stock market, tulips, etc). COLAs are not the answer either. Countries where COLAs are common tend to have higher inflation rates since COLAs tend to be a positive feedback loop. And countries with high inflation tend to have low investment rates.
Which brings me to Gresham's law and BitCoins. My opinion is that BitCoins is a fad that will collapse. However, the hoarding is one of the few pieces of evidence that I have seen I BitCoins favor. It implies people are holding on to the good money.
If you want charts, graphs, etc. see
A Monetary History of the United States by Milton Friedman and Anna J. Schwartz
This Time Is Different: Eight Centuries of Financial Folly by Carmen M. Reinhart and Kenneth Rogoff
Either one will cover your first 3 points.
But in short:
Moderate Inflation has been associated with economic growth: See past 50 years. Abundant historical examples.
Deflation increases the value of money – thus it transfers wealth from those who have money or are creditors – thus encouraging wealth people to invest in government bonds instead of real economic activity. See Great Depression or Japan over the past 15 years.
High inflation destroys savings and discourages poor people from investing (including education, homes, etc). See America during the 70s. See great britain having to break with the European monetary board.
These effects are all quantifiable. i.e. there are formulas out there. However, those formulas are highly tinged by psychological factors (people’s perceived need for money and stability), growth in productivity, availability of alternative currencies (bit coin, HELOCs on overinflated homes, tulips, etc.)
They don’t do it subdermally, they do it exdermally (is this a real word?) like people. i.e. they do it like a ear piercing, not under the skin which could muck up the leather or hamburger.
And today Google is celebrating Winsor McCay. I know when I was young that I looked at these old drawings to envision the future. Tall buildings and lots of Zeppelins. Technology does have a way of defining how things look. Good printing technology 100 years ago did have a specific style.
I find your statement a disingenuous. The issue is not that you refuse corporate donations it that you lack identifiable support. Now, perhaps, the method of identifying support is piss poor.
So what would be a good measure if not cash? We want something simple and hard to fake. We want to exclude the crazies and non-viable candidates. Also, first past the post naturally gravitates to a 2 party system but we don’t want to be locked in.
Almost everything I come up with requires some type of editorial qualitive decision by the network.
Define self sufficient? A couple of acres (less than 10) is sufficient to run a truck farm. 40 acres used to be sufficient (i.e. minimum level) for Kansas wheat farms. Of course at this level we are talking about subsistence living with few modern conveniences. As for modern? How do you pay for the modern tech – in particular the capital spending side? Even solar cells have a limited lifespan. At that point being “self-sufficient” goes out the door. Even homesteaders had to rely on other people for blacksmithing, power threshing, milling grain, canning supplies, etc.
Why wouldn’t this scale? This is a serious question. This is the first time I have heard of this project and I am trying to figure out the pros and cons. It’s got a Bucky Dome, so that is a huge plus in my book, but that is as far as I have gotten.
Nah, you don’t need your own launch facility. Just file off the serial number and have Switzerland issue a fake title. Then you can use NASA’s facilities with a straight face.
And then there is this: http://xkcd.com/882/
All the better to introduce the Stuxnet Virus.
You are wrong – and it is a classic rookie mistake. If you believed that I would love to trade with you, because it means that I could make money off of you risk free all day long. It is called It is called the “No Arbitrage Price” – see http://en.wikipedia.org/wiki/Forward_price. All you need .
1. The current spot price
2. Current interest rates
3. Storage and lease rates.
Unlike options, CDO, or other fun financial products, Futures pricing is straight forward. No probability, no liner programing, etc.
I guess the Founding Fathers were all motorcycle riders then.
I think we can safely assume that most of them rode carts and wagons instead of ponies.
Most of the founding fathers could ride. George Washington was know to be a exclenet rider. Jefferson was considered odd because he was a poor rider. Back then having a good seat was a sign of manliness - kind of like riiding a motorcycle today is a sign.
I think it is a question of bad faith, not on any particular technology.
You have 2 companies forming a partnership. This requires the exchange of some sensitive information. I will show you mine if you show me yours type of situation. Fuhu, being a smaller weaker company, had to expose more. After Toys R Us had a good look over it walked away and started its own line.
It kind of reminds me of Bob Kearns. http://en.wikipedia.org/wiki/Robert_Kearns. He is a small inventor and shops his invention, the intermittent windshield wiper to the auto companies. He, being small, has to show all of the details. The automakers decline – then a few years later start making their own.
While Kearns had a clear technology difference – I don’t Fuhu does – it does show the imbalance of power between small and large companies.
You might want to take a look at the article.
First, it uses the Thorium fuel cycle. Consider your slant I would think that was a plus.
Second, they are not talking about “perfectly good“ fuel – they are talking about heavy metals. Most of the waste, by volume, are not the fuel rods but more humdrum stuff, like metal pipes. Not usable for fuel but still very radioactive for a long time.
You don’t have to worry – it is not happening here – The kings still rule. I personally find the title misleading.
“Member owned” implies that it is some type of co-op – where customers buy into the company. Like a co-op, a mutual insurance company, or something along these lines.
This is more like Victor Kiam when he bought the Remington razor company – you know the tag line - "I liked it so much I bought the company".
He's there.
What do you mean by "almost old enough to drive the PT Cruiser." Isn’t the minimum age to drive 14? (And yes, I did grow up in a farm state)
IIRC, this is the 3rd time I have heard about the last typewriter plant being shut down.
What happens is that they run the factory at full capacity. After a few years they have a warehouse full of them so they switch the line over. Which kicks off a news story. After a few years the warehouse is empty, they switch the line back to typewriters. Amazon is still selling them so there must be some demand left in the morden world.
Rise and repeat as they say.
I too voted for manual typewriters, but I am not sure they are cheaper then computers. The initial cost may be lower, but when the manual typewriters will fail they will need to be repaired.
Repair costs will be highly dependent on your local infrastructure. It is not that they are inherently expensive to repair, but it does require somebody trained in the craft.
In the U.S. that can be expensive. People have lost the manual arts of typewriter and wind up watch repair. It used to be there was a repair shop in every small town – now you need to send it off to a specialized shop.
And what is pure milk?
Dairy farmers are not paid on the amount of the milk they produce, but on the quality of their milk – such as fat content. Different cows produce different quality of milk when on different feed. This would allow the farmer to adjust the feed to maximize profits. (I saw something like this at a land grant university back in the 80’s. They had a slightly higher need for raw day.)
And I am not so sure about pure “organic” milk. We can debate the nutritional differences. That being said, the farmer that I know, who has 2,000 milk, has round the clock staff, a vet on staff, the barn is immaculate, and generates electricity from the dung. From a environmental standpoint much better.
The organic family farmer that I know, which has less than 50, runs a shaker operation. And what kind of burns me is that he won’t treat his sick animals. If he treats them with antibiotics they are no longer organic and thus worthless to him. So he just lets the animals suffers and hopes. One of those good intentions bad results situations.
Mod parent up.
If you are teaching typing, that means you are teaching touch typing – to rapidly and correctly depress keys without looking at the keyboard / hands. Computers are a bit of a disadvantage because they don’t encourage accurate typing. i.e. the penalty for making a mistake on a typewriter is greater than that on a computer – yeah backspace! Learning how to 10k is very different then learning how to use a solar powered
Learning how to 10k is very different then learning how to use a solar powered calculator. Most don’t have the right spacing.
Now type 50 times - The quick brown fox jumped over the lazy dog.
Computer literacy – which is nice – is a separate subject.