20160413 Variations on a theme of Adam Smith

Re: 20160413 Variations on a theme of Adam Smith

Postby tahanson43206 » Sun Jul 01, 2018 11:38 pm

20180630 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.

This post is for June 30th. The “trade war” instigated by the sitting American President is moving forward. Tariffs are going into effect, and China has announced actions to reciprocate.

The local newspaper contained several items which reflect national interest in this experiment.

Begin Quotation:
Trump's path to success in trade war uncertain
End Quotation.
By Ana Swanson and Neil Irwin
The New York Times

https://www.seattletimes.com/nation-wor ... s-unclear/

Begin Quotation:
Both China, US to feel pain from new tariffs
End Quotation.
By Paul Wisemand and Christopher Rugaber
The Associated Press

https://www.boston.com/news/politics/20 ... om-tariffs

I am curious to know what the respective governments are planning to do with the proceeds of the tariffs they are imposing.

Google search: how will us government use tariff income

Result text:
Will Trump's Tariffs Have A Silver Lining Of Raising Revenue? Don't ...
https://www.forbes.com/sites/phillevy/. ... f-revenue/
1.
Apr 12, 2018 - Yes, a tariff is a tax on imports. Here's a scenario in which the government actuallydoes raise money: Suppose that the United States is 

End Quotation.

This article by Contributor Phil Levy explains how imposition of tariffs is likely to result in supplier and purchaser changed behavior, so that there is little or no net income to the US government.

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 133 - 139
Title: “Playing at Work”

These pages contain a review of the story of Seymour Papert and his accidental encounter with a Digital Equipment Corporation PDP-1, which led to his invention of the LOGO language for kids. A connection to Kjeld Kirk Kristiansen of LEGO corporation led to development of Mindstorms robotic construction kits.

Begin Quotation (speaking of kids on Page 139):
They were hooked, and didn't even realize that they were learning how to design engineering control systems.
End Quotation.

Next week this section will feature a young inventor named David.

(th)
Last edited by tahanson43206 on Mon Jul 09, 2018 3:00 am, edited 1 time in total.
May every member of The Knowledge forum grow financially, intellectually, socially and beyond.
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Posts: 492
Joined: Sun Jun 07, 2015 3:38 pm

Re: 20160413 Variations on a theme of Adam Smith

Postby tahanson43206 » Sun Jul 08, 2018 11:55 pm

20180707 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.

Jonah Goldberg's latest book is “Suicide of the West” (c) 2018 ISBN 978-1-101-90493-0
The title was (apparently) inspired by a work by James Burnham, published in 1964.

Mr. Goldberg cites Adam Smith six times in his index, and in the spirit of honoring Mr. Smith's work here, I'll snip excerpts.

Page 35 “Adam Smith not only opposed slavery on moral grounds but also considered it incompatible with the free market”
In a footnote on this page, Mr. Goldberg quotes from Smith's “The Theory of Moral Sentiments”
Page 37 “It's not at all clear to me that Mill actually believed that man was purely a profit maximizer and it is clear to me that Smith did not.”
Page 39 Begin Quotation (speaking of what people want):
But what they want even more is to be admired, respected and valued. Adam Smith understood this ...
End Quotation.
Page 71 On this page, Mr. Goldberg continues his introduction of the concept of a “stationary bandit” as a useful human invention.
Begin Quotation:
` The order and predictability of the stationary bandit is, according to Olson, “the first blessing of the invisible hand.”
“The Invisible Hand”, a term coined by Adam Smith …
End Quotation
Page 133 “In a letter to his friend Adam Smith, Hume wrote of Rousseau:”
Page 154 “As that quintessential Scottish Enlightenment thinker, Adam Smith, wrote in 1755:”

`````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````````
This post is for July 7th. The “trade war” instigated by the sitting American President is moving forward. Tariffs are going into effect, and China has announced actions to reciprocate.

The local newspaper contained several items which reflect national interest in this experiment.

Begin Quotation from Columbus Dispatch of 2018/07/10:
China has options to combat US tarriffs
End Quotation.
By Joe McDonald
The Associated Press

Begin Quotation from Columbus Dispatch of 2018/07/10:
At the start of a trade war
End Quotation.
Editorial: Akron Beacon Journal

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 140-142
Title: “David”

In these pages, Dr. Gershenfeld introduces a young inventor named David who made quite an impression.

David was invited to give a presentation on a Mindstorms kit implementation at the White House.

Begin Quotation:
The future of the future is indeed bright in the hands of young inventors like David.
End Quotation.

Next week this section will feature a process engineer who used Mindstorms kits to model business processes.

(th)
Last edited by tahanson43206 on Mon Jul 16, 2018 3:04 am, edited 1 time in total.
May every member of The Knowledge forum grow financially, intellectually, socially and beyond.
tahanson43206
 
Posts: 492
Joined: Sun Jun 07, 2015 3:38 pm

Re: 20160413 Variations on a theme of Adam Smith

Postby tahanson43206 » Sun Jul 15, 2018 11:36 pm

20180714 This is a stub for a weekly update
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Posts: 492
Joined: Sun Jun 07, 2015 3:38 pm

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