20160413 Variations on a theme of Adam Smith

Re: 20160413 Variations on a theme of Adam Smith

Postby tahanson43206 » Mon Apr 23, 2018 1:15 am

20180421 Adam Smith Thread

As a note of possible interest to any readers who might be thinking of applying for membership in this forum:
It has been established that the Signature Line of your pending membership can be used for communication.
I do not have a way (at present) to see who has logged in recently, but I can check the status of the newest member.
If you have applied for membership in the forum, and no one else has applied after you, then you will be listed as the newest member.
It is easy for me to check the newest member status, because the newest member is listed at the bottom of the main page.
It has been established that while an applicant is waiting for approval by the administrator, I can send Private Mail.
It has been established that an applicant who receives Private Mail can reply via the Signature Line of the membership.
This is a curious way to communicate, I admit, but I am interested in hearing from applicants.

Continuing with the weekly update:

From Reference #1:
Page 1028

And thus ends “The Wealth of Nations”. I am undecided about where to proceed from here with Mr. Smith.

In the mean time:

Because this thread is based upon Adam Smith's writings, it is appropriate to comment upon “living” economics as it is unfolding “in real time” today in 2018. The saga of tariffs continues.
1. An article published by https://thefederalist.com showed up in the news feed, so I'm planning to consider it next week. The title is: “Why Free Trade, Not Tariffs, Actually Increases American Jobs”

The Associated Press in the United States ran a story which appeared in the local newspaper on April 28, 2018. The title is:
Begin Quotation:
Hope for trade visit to China: A delay in harmful tariffs
End Quotation

Authors are: Josh Boak and Christopher Rugaber

In a quarter of a news page, the authors report that the delegation of US representatives headed to China may be able to negotiate a delay in the implementation of tariffs that each side is threatening to impose on the other. The authors explain the position of the US team, and provide some insight into the position of the Chinese negotiators. The article quotes economic adviser Larry Kudlow:
Begin Quotation:
it would take time to persuade China to conform to fundamental trade rules ...
End Quotation

From: https://thefederalist.com/2018/04/18/fr ... ican-jobs/
The article includes a review of history of free trade arguments and practice over several centuries. The single sentence that I find troubling is:
Begin Quotation:
Put simply, prosperity results not from a “favorable balance of trade” or from “jobs”, but from productive activity.
End Quotation.

It seems to me that this single statement encapsulates the ivory tower aspect of thought engaged in by some. The scope of the word “prosperity” is not defined by the writer. For the individual who secures an income for self and family, a “job” is the most reliable source of prosperity. I am aware that what we recognize as a “job” is often an artificial construct designed by a “job creator” who assumes responsibility for the risks inherent in the capitalist enterprise. A “job” is also quite likely to be an example of Division of Labor upon which Capitalism thrives.

The title is: “Why Free Trade, Not Tariffs, Actually Increases American Jobs” The author is: David Weinberger
In an attempt to understand how new technology might help the United States to address the present dilemma, this thread will include discussion of “FAB” by Neil Gershenfeld. “FAB” was published in 2005, and in 2018 Dr. Gershenfeld has teamed with his brothers Alan and John to update “FAB” and to try to see into the future of “Personal Manufacturing”. The new book is entitled “Designing Reality”. It is my intention to flow directly from “FAB” to “Designing Reality”, although influences from the 2018 book may show up in this thread as the discussion at hand may inspire them.

Reference #4 Pages 67 through 76
Title: “The Present”
Section: Subtraction

This section covers a variety of tools which may be computer controlled to remove material.

Devices include:
sign cutter (page 67)
laser cutter (pages 68-72)
waterjet cutter (pages 72-74)
Numeric Controlled mills (74-76)

Begin quotation from page 76:
The unsung hero of all these cutting tools is their metrology, the measurement devices that let them monitor what they are actually doing.
End Quotation.

(th)
May every member of The Knowledge forum grow financially, intellectually, socially and beyond.
tahanson43206
 
Posts: 468
Joined: Sun Jun 07, 2015 3:38 pm

Re: 20160413 Variations on a theme of Adam Smith

Postby tahanson43206 » Mon Apr 30, 2018 1:36 am

20180428 Adam Smith Thread

As a note of possible interest to any readers who might be thinking of applying for membership in this forum:
It has been established that the Signature Line of your pending membership can be used for communication.
I do not have a way (at present) to see who has logged in recently, but I can check the status of the newest member.
If you have applied for membership in the forum, and no one else has applied after you, then you will be listed as the newest member.
It is easy for me to check the newest member status, because the newest member is listed at the bottom of the main page.
It has been established that while an applicant is waiting for approval by the administrator, I can send Private Mail to the applicant.
It has been established that an applicant who receives Private Mail can reply via the Signature Line of the membership.
This is a curious way to communicate, I admit, but I am interested in hearing from applicants.

Continuing with the weekly update:

From Reference #1:
Page 1028

Having completed review of “The Wealth of Nations”. I am undecided about where to proceed from here with Mr. Smith.
It seems likely that current writers will cite Mr. Smith. While I am able to catch only a small fraction of references which are likely to appear, such references come to my attention frequently, so I'll report them when they seem useful.

In the mean time:

Because this thread is based upon Adam Smith's writings, it is appropriate to comment upon “living” economics as it is unfolding “in real time” today in 2018. The saga of tariffs continues. A delegation of representatives from the United States has returned from a visit to China, with little in the way of results reported by either side.

In an attempt to understand how new technology might help the United States to address the present dilemma, this thread will include discussion of “FAB” by Neil Gershenfeld. “FAB” was published in 2005, and in 2018 Dr. Gershenfeld has teamed with his brothers Alan and John to update “FAB” and to try to see into the future of “Personal Manufacturing”. The new book is entitled “Designing Reality”. It is my intention to flow directly from “FAB” to “Designing Reality”, although influences from the 2018 book may show up in this thread as the discussion at hand may inspire them.

Reference #4 Pages 77 through 80
Title: “Growing Inventors”
Section: Mel

This section describes a fab lab set up for use by members of a low income community in Boston.
Begin Quotation:
Mel now runs the South End Technology Center at Tent City (SETC). He's made a career of doing for technology what he did for urban low-income housing, helping make it accessible to everyone.
End Quotation.

In the course of my participation in Dr. Dartnell's forum, I've been trying to build up a vision of a way for a relatively small group of people, whether on Earth or somewhere else, to survive and thrive while maintaining a current level of civilization. It seems clear that the key for success of any such community is availability of abundant and reliable energy such as might be provided by small fusion devices. For this reason I am keeping a eye on news of discoveries and of achievements in the field of fusion power, along with discoveries and achievements in all sorts of other fields that would be beneficial to such a community.

(th)
May every member of The Knowledge forum grow financially, intellectually, socially and beyond.
tahanson43206
 
Posts: 468
Joined: Sun Jun 07, 2015 3:38 pm

Re: 20160413 Variations on a theme of Adam Smith

Postby tahanson43206 » Sun May 06, 2018 11:53 pm

20180505 Adam Smith Thread

As a note of possible interest to any readers who might be thinking of applying for membership in this forum:
It has been established that the Signature Line of your pending membership can be used for communication.
I do not have a way (at present) to see who has logged in recently, but I can check the status of the newest member.
If you have applied for membership in the forum, and no one else has applied after you, then you will be listed as the newest member.
It is easy for me to check the newest member status, because the newest member is listed at the bottom of the main page.
It has been established that while an applicant is waiting for approval by the administrator, I can send Private Mail to the applicant.
It has been established that an applicant who receives Private Mail can reply via the Signature Line of the membership.
This is a curious way to communicate, I admit, but I am interested in hearing from applicants.
I would like to hear from anyone who would like to try the culture of self-directed knowledge accumulation I have tried to demonstrate.

Continuing with the weekly update:

From Reference #1:
Page 1028

Having completed review of “The Wealth of Nations”. I am looking for opportunities to consider more recent writings.
It seems likely that current writers will cite Mr. Smith. While I am able to catch only a small fraction of references which are likely to appear, such references come to my attention frequently, so I'll report them when they seem useful.

On Thursday May 10, 2018, the local paper ran an opinion piece by Jim Simon, who is described as a “former communications officer” for several corporations. The title of the piece is: “What is American's economic long game”. This and other opinion pieces should be accessible at Dispatch.com/opinion

Mr. Simon provides a number of suggestions to improve America's chances to avoid the fate of Rome, but as I read his offering, I must confess to a sense of pessimism that the people of this nation are going to be able hear his voice whispering under the torrent of discord of false claims and made-up reports that characterize the times.

For example, Mr. Simon calls for a balanced budget, restoration of Research and Development funding, and improved public education.

Because this thread is based upon Adam Smith's writings, it is appropriate to comment upon “living” economics as it is unfolding “in real time” today in 2018. The saga of tariffs continues. A delegation of representatives from the United States has returned from a visit to China, with little in the way of results reported by either side. It appears that orders for soy beans may have stopped from China, although to the best of my knowledge no tariffs have gone into into effect.
In the mean time:

In an attempt to understand how new technology might help the United States to address the present dilemma, this thread will include discussion of “FAB” by Neil Gershenfeld. “FAB” was published in 2005, and in 2018 Dr. Gershenfeld has teamed with his brothers Alan and John to update “FAB” and to try to see into the future of “Personal Manufacturing”. The new book is entitled “Designing Reality”. It is my intention to flow directly from “FAB” to “Designing Reality”, although influences from the 2018 book may show up in this thread as the discussion at hand may inspire them.

Reference #4 Pages 80 through 88
Title: “Growing Inventors”
Section: Nana Kyei

This section describes a fab lab set up for use by members of a community in Ghana.
Begin Quotation:
When I met Nana Kyei in 2004, … He hoped to lead his people by marrying emerging technology with local needs ….
End Quotation.

Dr. Gershenfeld then describes exploration of use of focused sunlight for use as a cutting tool, and the use of a “boundary layer” turbine invented by Nikola Tesla in 1913. In addition, Dr. Gershenfeld introduced the idea of using a “vortex tube” discovered by George Ranque in 1928.

The section closes without a hint as to how these ideas worked out in Ghana.

In the course of my participation in Dr. Dartnell's forum, I've been trying to build up a vision of a way for a relatively small group of people, whether on Earth or somewhere else, to survive and thrive while maintaining a current level of civilization. It seems clear that the key for success of any such community is availability of abundant and reliable energy such as might be provided by small fusion devices. For this reason I am keeping a eye on news of discoveries and of achievements in the field of fusion power, along with discoveries and achievements in all sorts of other fields that would be beneficial to such a community.

(th)
May every member of The Knowledge forum grow financially, intellectually, socially and beyond.
tahanson43206
 
Posts: 468
Joined: Sun Jun 07, 2015 3:38 pm

Re: 20160413 Variations on a theme of Adam Smith

Postby tahanson43206 » Sun May 13, 2018 11:51 pm

20180512 Adam Smith Thread

As a note of possible interest to any readers who might be thinking of applying for membership in this forum:
It has been established that the Signature Line of your pending membership can be used for communication.
I do not have a way (at present) to see who has logged in recently, but I can check the status of the newest member.
If you have applied for membership in the forum, and no one else has applied after you, then you will be listed as the newest member.
It is easy for me to check the newest member status, because the newest member is listed at the bottom of the main page.
It has been established that while an applicant is waiting for approval by the administrator, I can send Private Mail to the applicant.
It has been established that an applicant who receives Private Mail can reply via the Signature Line of the membership.
This is a curious way to communicate, I admit, but I am interested in hearing from applicants.
I would like to hear from anyone who would like to try the culture of self-directed knowledge accumulation I have tried to demonstrate.

Continuing with the weekly update:

From Reference #1:
Page 1028

Having completed review of “The Wealth of Nations”. I am looking for opportunities to consider more recent writings.
It seems likely that current writers will cite Mr. Smith. While I am able to catch only a small fraction of references which are likely to appear, such references come to my attention frequently, so I'll report them when they seem useful.



Because this thread is based upon Adam Smith's writings, it is appropriate to comment upon “living” economics as it is unfolding “in real time” today in 2018. The saga of tariffs continues. A delegation of representatives from the China is in the United States. There are reports that the United States would like for China to increase its purchases of American products and services in the amount of $200 billion, but a skeptical column that came my way expressed doubt that China could adjust its economy to bring about such a dramatic increase.
In the mean time:

In an attempt to understand how new technology might help the United States to address the present dilemma, this thread will include discussion of “FAB” by Neil Gershenfeld. “FAB” was published in 2005, and in 2018 Dr. Gershenfeld has teamed with his brothers Alan and John to update “FAB” and to try to see into the future of “Personal Manufacturing”. The new book is entitled “Designing Reality”. It is my intention to flow directly from “FAB” to “Designing Reality”, although influences from the 2018 book may show up in this thread as the discussion at hand may inspire them.

Reference #4 Pages 88 through 92
Title: “Growing Inventors”
Section: Anil Gupta

This section describes a network for sharing inventions in India.
Begin Quotation:
At last count they had a database of ten thousand inventions.
End Quotation.

Dr. Gershenfeld concludes this chapter (speaking of personal fabrication tools):
Begin Quotation:
Under the capable guidance of them and their peers around the world, these tools can help develop the planet's most precious natural resource of all, its people and their ideas.
End Quotation.

(th)
May every member of The Knowledge forum grow financially, intellectually, socially and beyond.
tahanson43206
 
Posts: 468
Joined: Sun Jun 07, 2015 3:38 pm

Re: 20160413 Variations on a theme of Adam Smith

Postby tahanson43206 » Sun May 20, 2018 11:11 pm

20180519 This is a stub for a weekly update.
May every member of The Knowledge forum grow financially, intellectually, socially and beyond.
tahanson43206
 
Posts: 468
Joined: Sun Jun 07, 2015 3:38 pm

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