It is getting ever harder to do business in the United States, argues Niall Ferguson, and more stimulus won’t help: Our institutions need fixing.
WSJ THE SATURDAY ESSAY June 7, 2013 : How America Lost Its Way
Ferguson nails it!
It is getting ever harder to do business in the United States, argues Niall Ferguson, and more stimulus won’t help: Our institutions need fixing.
WSJ THE SATURDAY ESSAY June 7, 2013 : How America Lost Its Way
Ferguson nails it!
Flying your way soon* is the AeroSight-carried pizza of your choice, courtesy of Domino’s and the conceptual creators at the group T + Biscuits. Working with Domino’s directly – for real, that is – as well as the UK-based drone group Big Communications, T + Biscuits have created the flying pizza. This machine is known as the DomiCopter and though it won’t be hitting the side of your house this week, it might be out there eventually.
Syria (like Egypt) as presently constituted simply is not viable as a country. Iraq might be viable, because it has enough oil to subsidize a largely uneducated, pre-modern population. As an economist and risk analyst (I ran Credit Strategy for Credit Suisse and all fixed income research for Bank of America), I do not believe that there is any way to stabilize either country
Read more @:http://pjmedia.com/spengler/2013/06/05/muslim-civil-wars-stem-from-a-crisis-of-civilization
This image shows a drill core of volcanic ash-hydrated lime mortar from the ancient port of Baiae in Pozzuloi Bay. Yellowish inclusions are pumice, dark stony fragments are lava, gray areas consist of other volcanic crystalline materials, and white spots are lime. The inset is a scanning electron microscope image of the special Al-tobermorite crystals that are key to the superior quality of Roman seawater concrete. (Credit: Lawrence Berkeley National Laboratory and University of California at Berkeley)
read more at: http://www.sciencedaily.com/releases/2013/06/130604135409.htm
Roman technology was very advanced, their society collapsed due to political and social forces not for a lack of tools.
Where are the entrepreneurs? More evidence the very heart of the US economy is failing
James Pethokoukis | June 3, 2013
In my opinion the culprits are easy to discern…..
I am also thinking that:
Which may be hiding lots of small scale entrepreneurial efforts.
But in the main what we are seeing is the aggregate effect of the first list which significantly suppresses the urge to grow. Many commentators miss that the way so much regulation is structured once you reach a certain size it suddenly becomes asymptotically more difficult / expensive / stressful to operate. This makes even starting much less attractive. It also means that we are suppressing companies just as they start to kick up into a realm where they could potentially quickly accelerate out of small business land into middle sized and become more consequential.
This is a socio-economic problem that has to be solved on a broad scale:
Both main parties need to develop their versions of this list, the massive scale, top down, big corporation supporting model both have devolved into has come to the end of its efficacy and we need to go back to our roots. Those roots are individuals acting on, in and through the small scale collective, which both Dem and Rep should be able to support. Of course the downside is that large scale pandering and petty corruption are less hide-able in such a polity.
Richard A. Epstein, the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution
The las paragraph:
No Libertarian Panacea
There are larger lessons to learn from these foreign policy issues. The first is that libertarians, like Chapman and myself, can both be faithful to their basic principles, yet differ strongly on what should be done. The basic principle of libertarian thought is its blanket prohibition against the use of force (including the threat of force) and fraud to achieve personal gain at the expense of others. That principle translates easily into the international context to say that one nation cannot wage war against another.
However easy it is to state that basic principle, it is just that hard to implement it, especially in a world of self-help where there is no common sovereign to stop the use of force. It is easy to allow the use of force in self-defense, but difficult to prevent that excuse from being used by scoundrels for their own ends.
It is even harder to get to the bottom of the simple question of when and where one person (or nation) should come to the assistance of another. The basic legal rule is that such intervention is permissible but not obligatory, and only on behalf of the victim of the attack. The general private law rule that there is no duty to rescue a stranger in a condition of imminent peril from natural forces, even though there is an obvious right to do, carries over to the matter of self-defense.
The great tragedy then is that the clear moral principle can easily become overwhelmed by a series of subsidiary conflicts that extend from difficult factual disputes about the past to uncertain predictions about the future, all set against a background that allows for the exercise of good faith judgment without clear guidelines on how it is best exercised. I do hope that I am wrong, and that the President is doing the right thing. But all things considered, I think that there is a serious risk that his policy of studied disengagement may well turn out, down the road, to drag us into some larger conflict against our will.
More at: http://www.hoover.org/publications/defining-ideas/article/148476
Essentially the little wars and conquests prior to WWII made that war an inevitability. Whereas earlier action by the major powers might have prevented its occurrence though I have to say that it’s unlikely to have had a happy ending, war and civil war were inevitable. It might even have lead to a less pleasant world than the one we live in, fascism might have lasted longer, communism might as well, and lord knows the ‘west’ was not what we would see as freedom loving and inclusive.
Body count: U.S. Defense Secretary Robert McNamara briefing the press on Vietnam at the Pentagon in 1965.
Read more: http://www.technologyreview.com/news/514591/the-dictatorship-of-data/#ixzz2V67sF8kO From MIT Technology Review
Seems to me that McNamara epitomized the dark heart of the blue model industrialization, he was trying to make central planning work using the tools of capitalism. Big data has the the potential to make Stalinist (central planned top down industrial society) real like no tool before it. But at the same time the underlying technology will make centralization ever less attractive overall, ever less economically efficient. Some nations may fall to Big Data / Big Brother but they are not likely to become conquerors by economic or military coercion because the Maker States will be so much more resilient and efficient. Of course that assumes short sighted politicians/bureaucrats don’t take us all down some ‘consensus’ path because of short term returns that fools take as structural not ephemeral.
Healthy Hubble telescope raises hopes of longer life BY WILLIAM HARWOOD FOR CBS NEWS “SPACE PLACE”
We can hope that it lasts long enough for a new manned or unmanned service mission. Hubble would seem to be an ideal target for a robotic repair mission demonstrating sophisticated, heavy weight-complex repair mission/capability.
According to Optomec, Aerosol Jet printing utilizes aerodynamic focusing to precisely deposit nanomaterials to produce fine feature circuitry and embedded components without the use of masks or patterns. The resulting functional electronics can have line widths and pattern features ranging from 10’s of microns to centimeters.
Read more at: http://www.3ders.org/articles/20130531-optomec-is-3d-printing-antennas.html
The combination of 3D printing and Materials Technology, particularly the ‘nanoscale’ materials or the materials we now understand at atomic scale, is changing the world more quickly than some see. It is not always obvious because in the end the devices are not that different than what came before, just better, smaller, longer lasting, stronger, etc. over a relatively short time it is amazing what small increments of change, multiplied by thousands of applications and dozens of iterations, can build up to.
Mini computer: The tiny KL02 microcontroller, made by Freescale, was created to enable swallowable wireless computers, and contains an energy efficient processor, memory, and RAM.
Read more: http://www.technologyreview.com/news/514101/wanted-for-the-internet-of-things-ant-sized-computers/#ixzz2V1JeGDvp
I wonder what operating system it runs?