The Inverse Square Blog. Lars Schall. A summary of Dr. Bruce Cordell's 21stCenturyWaves.com Maslow Window Model for readers of Next Big Future by Joseph Friedlander. Hi, This is Joseph Friedlander on a guest post for Next Big Future. Here we discuss long wave theory (56 year cycles involving booms, busts, wars, exuberance expeditions and scientific and engineering adventurism). I have spent a few days on and off looking at the 21stCenturyWaves.com site and wanted to give a digest for Next Big Future readers-- but also, to give an idea on a slight modification to the theory.
What is long wave theory? Often called Kondratieff cycles, they are lifetime length sinusoidal waves charted against hundred year calendars. Dr. Dr. Wikipedia on long waves--- Kondratiev waves (also called supercycles, great surges, long waves, K-waves or the long economic cycle) ...Unlike the short-term business cycle, the long wave of this theory is not accepted by current orthodox economics. Karl Denninger writes in Seeking Alpha The 56 year theory in essence by Dr.
Summer is the high-growth period around the mid-point of the growth process. The essential point: Dr. Hi, Dr. Dr. The Pursuit of Financial Happiness. Ecological Headstand. The sky is not falling, but it is shrinking. Using the global-average density data at 400km between 1967 and January 2010, the researchers found a low in 2008 where the mass density was “unequivocally lower than at any time in this historical record.”
The authors add that the 2008 minimum was the lowest since the beginning of the space age, 1957, when measurements of this type became possible. The thermosphere density was a full 28 percent lower during the cycle 23/24 minimum than it was during the cycle 22/23 minimum. This is much larger than the decrease expected from the long-term trend seen over the past few cycles (that’s six percent). In contrast, the solar radio flux was down only 3.7 percent between cycles. What could drive such a large change? These results still don’t explain why any of this happened, only what is needed for the model to fit.
So, the authors look at known factors and how strongly they can influence the thermosphere’s mass density. An Interview With the Kress Stock Market Cycle Master :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website. Stock-Markets / Cycles AnalysisAug 10, 2008 - 12:38 AM GMT By: Clif_Droke I have long been an admirer of the stock market cycle analysis of one Samuel J. “Bud” Kress, proprietor of SJK Capital and publisher of the cycle-based SineScope advisory. Kress has been in the equity market business all his adult life, either on Wall Street or in more recent years as an independent analyst/trader. If the Kress name seems familiar to you it's probably because you remember the chain of S.H.
During my 10 year acquaintance with Mr. Using his cycle system, Mr. Q: How did you get your start in the business and what brokerage firms did you work for? Kress: I started in the business right after graduating from college in the mid 1960s. Q: In the introduction to your latest publication, you make reference to the superiority of market analysis compared to fundamental analysis.
Q: What about p/e ratios? A: Earnings are a lagging indicator. Q: What is the basis for the market's cycles? A: Yes. A: Yes. Op-Ed Columnist - Learning From Greece. Comment / Opinion - History lesson for economists in thrall to Keynes. Pray For Inflation Its Our Only Hope: Tech Ticker, Yahoo! Finance. Five secrets you never knew about the casino world Nicole Goodkind at Daily Ticker2 days ago The Daily Ticker joined up with Edward Farrell, President of Resorts World Casino New York City to snag some insider insight into the top secrets of the gaming world.
Secret #1: Casinos want you to bet within your means You may be surprised but casinos prefer it when you spend within your means, even if that’s just $75 per visit. At Resorts World, the average customer spends under $100 on games, says Farrell. Related: Secrets of the online dating industry Casinos don’t expect you to be a high roller and you certainly don’t need to spend more than you’re comfortable with to receive perks like free food, drinks, and more. Secret #2: Casinos make a big impact on the economy. Economist's View: "The Dangers of Deficit Reduction" » An Answer to the Question from Julie Blog for Trading Success: Ray Barros. BarroMetrics Views: An Answer to the Question from Julie Julie asked: I would be glad if you could answer me a question, when will your nr. 3 happen? U.S. Government has pumped soo great amounts of money into bank market and banks still don’t want to release their money into circulation, so without that economy won’t be able to get into healthy state.What’s more, a deflation threat is becoming real more and more.
Julie Julie, my best guess is third quarter, especially if China gets serious about containing inflation. Turning to your assumption that inflating the money supply will restore health to an economy. I can’t come at that argument. Deflation in these circumstances is merely the process by which the malinvestment is corrected. The problem with printing money as a means of staving off the reckoning day is the fact that more and more money is needed to produce the same effect. The US FED/Treasury could get the banks to lend simply by not paying interest on the deposits they hold. Escape from Global Deflation, A Commentary By Kenneth Rogoff, Economic Counsellor and Director, Research Department, IMF. Escape from Global Deflation A Commentary By Kenneth Rogoff Economic Counsellor and Director, Research Department International Monetary FundNihon Keizai Shimbun July 17, 2003 The International Monetary Fund has recently issued a much-discussed research paper on global deflation.
Although we view the risk of deflation in the United States as low, our indicators suggest that the prospect cannot be entirely dismissed, and the same would be true for the euro area as a whole, although there are higher risks for Germany. Given apparently tepid growth now in the United States, and with Europe virtually stalled, growing excess capacity is putting downward pressure on prices. Despite the recent rise in long-term rates in Japan, interest rates and inflation rates will remain near or at fifty year lows throughout the globe, and a sufficiently strong negative demand shock could tilt the balance towards worldwide deflation. It is not essential to support monetary easing with current fiscal easing. The Week in Charts – Buckle the Heck Up! No, I’m not being over-dramatic. It is time to buckle the heck up. The resonant disconnect between reality and the pumping that is going on in the media and among supposed “experts” is at an all time historic, never been here before, Economic Mass Psychosis, HIGH.
To Quote John Kenneth Galbraith, “The majority is always wrong.” Right now the majority believe we are exiting the crisis. They are just plain old fashioned WRONG – again. To prove my point, I’m going to show you the week in charts courtesy of the St. The fallout will affect everyone. The pundits of green shoots will say that the economy is getting better and that the leading indicators are pointing to a dramatic recovery.
Since I am talking about inflation and deflation, I think it’s important to reiterate that most people think of inflation as an increase in PRICES and Deflation as a decrease in PRICES. All of the charts below are current and have been updated THIS WEEK or are annotated otherwise. So, those are PRICES. 1. Steve Barr: Outlaw private school! Posted by Ethan on Oct 23rd, 2009 in Poptech '09 | 1 comment I’m blogging from Camden, Maine, at the wonderful Pop! Tech conference. This year’s a special treat. My wife, the lovely Velveteen Rabbi, and I are team-blogging, trading off posts. Steve Barr, the founder of GreenDot schools, has been on the front lines of turning around education in Los Angeles, where they’ve built 17 schools.
“In my lifetime, California schools went from the best in the world to the worst.” Barr was transformed from a career in politics by two tragedies – the death of his younger brother and his mother within two years. Barr and GreenDot took over Locke High School in Watts. Since the school opened, 60,000 people have passed through this badly broken school. What would be the fastest way to change education in the US? Barr visited the big public schools in LA and observed that they looked like prisons. GreenDot now runs 16 schools in LA, and one in the South Bronx. Open Source Ecology Weblog. Op-Ed Columnist - Swimming Without a Suit. Scary Drop in Velocity of Money: Is Deflation Knocking? - Last week the government released their first revision to 2Q 2009 Gross Domestic Product (GDP). It was surprising that there was no revision to the initial negative 1.0% numbers. At economic turning points, a lot of wacky things affect the initial sampling and estimates; these are presumably corrected when the actual data is revised.
I have an issue over the way GDP is used to measure our economy. Nothing is wrong with the concept of GDP – but it just does not measure enough economic activity. GDP only measures what economists think is the “good” or productive part of our economy. Banking and equities trading are a major portion of our economy but are not in GDP. Existing home sales are not in GDP either. America is a mature economy. This point is brought into sharp focus if you visit Holland or England. And just because things are not produced (the “P” in GDP) does not mean that it does not benefit the economy. The NIPA data gives a more complete picture of total economic activity.
Janine R. Wedel: Shadow Elite: Selling Out Uncle Sam & Outsourcing American Power. This is the first of a Shadow Elite series, investigating the game-changing effects of government contracting on the most vital government functions. It's one of those ideas that might seem sensible at first-glance: retired military officers hired to serve as "senior mentors" to the armed forces. Only on closer inspection are the potential conflicts of interest revealed: the retired officers were paid by contractors, advising on military services even as they were consulting for companies seeking to sell military products, as reported by USA Today.
When news of the program came to light, Defense Secretary Robert Gates ordered changes, but the paper reported Tuesday that "senior mentors will not have to disclose their business ties or finances to the public, under a [July 8 Defense] directive...That falls below what [Defense Secretary Gates] initially called for.... " Take the case of the Pentagon senior mentors. Linda Keenan edits the Shadow Elite column. How to Make an American Job Before It's Too Late: Andy Grove. The Great Decoupling of Corporate Profits from Jobs) Second-quarter earnings reports are coming in, and they’re making Wall Street smile. Corporate profits are up. And big American companies are sitting on a gigantic pile of money. The 500 largest non-financial firms held almost a trillion dollars in the second quarter, and that money pile is growing larger this quarter. Profits that plummeted in the recession have bounced back.
Big businesses have recovered almost 90 percent of what they lost. So with all this money and profit, they’ll start hiring again, right? First, lots of their profits are coming from their overseas operations. GM now sells more cars in China than it does in the US, but makes most of them there. GM isn’t just hiring low-tech assembly workers in China. You and I and other American taxpayers still own over 60 percent of GM. GM officials say no American taxpayer money is being used to expand in China.
Second, big U.S. businesses are investing their cash in labor-saving technologies. The Elusive Right Path to Engineering Offshoring. Few companies today would hesitate to outsource routine operations like IT services, call centers, or back office functions, but farming out engineering and product development is difficult or off-limits for most companies, and rightfully so. By their very nature, engineering and R&D are mission critical. What comes out of these units — the hits or misses, the innovation or lack of it — often determines the future of the larger organization.
Letting another company, particularly an enterprise thousands of miles away, handle engineering tasks could be an invitation to disaster. Everything from knowledge transfer — dispensing a company’s design and development procedures and preferences to an outsourcing firm — to quality of work may suffer when the supervision of far-flung engineers in offshore locations is left to vendors often woefully ill-equipped to manage complex projects or adequately meet the client company’s needs. 1. Underemployment in the United States | Chmura Economics and Analytics.
The degree of underemployment (see definition to the right) varies widely in the nation. The percents shown on this map indicate the extent to which the supply of high-skilled workers exceeds the demand. (Negative values indicate the supply of high-skilled workers is lower than demand.) JobsEQ | Copyright: ©2014 Esri, DeLorme, HERE | -36% to -13% -13% to -6% -6% to 0% 1% to 5% 5% to 11% 11% to 25% The metropolitan areas are ranked according to which have the largest surpluses of high-skilled workers.
The percents shown here are the percentage point differences between supply and demand—positive numbers indicate supply exceeds demand. Workers are classified into three categories according to their highest educational attainment: "high" - bachelor's degree or higher; "medium" - associate's degree or some college; and "low" - high school graduate or lower. What Are Underemployed Workers?
About Chmura Methodology Connect With Us. Common working conditions hurting both workers and employers. New research from North Carolina State University shows that an increase in professional business practices such as outsourcing, hiring temporary workers and focusing on project-based teams is having a detrimental effect on workers and likely poses long-term problems for employers. A worker's satisfaction with his or her job is important because it affects employee loyalty, efficiency in the workplace and quality of life. "We spend a great deal of our time at work, so it is an important part of our lives," says Dr. Martha Crowley, an assistant professor of sociology at NC State and lead author of a paper describing the research.
"If our work experience is unpleasant, it affects every aspect of our lives and ultimately it affects our ability to do our jobs. " For their study, the researchers examined data on working conditions, workplace relationships and worker behavior of professional employees over the past 80 years. There may be a lesson here for employers. Save Jobs, Reform The Tax Code - Forbes.com. DSMweb.org: Design Structure Matrix (DSM)
Complexity is an ever-present obstacle in any business. Managing complex systems is therefore a core competency to successfully run any business. The Design Structure Matrix (DSM) is a simple tool to perform both the analysis and the management of complex systems. It enables the user to model, visualize, and analyze the dependencies among the entities of any system and derive suggestions for the improvement or synthesis of a system. Such a system can be for example a product architecture or an engineering design process; also e.g. the organization of an enterprise or a market can take shape as a complex system and often merit a closer look into their structure. The Design Structure Matrix (DSM) is also known as: The Dependency Structure Matrix The Problem Solving Matrix (PSM) Design Precedence Matrix As a management tool, DSM most commonly applied in project management, and it provides a project representation that allows for feedback and cyclic task dependencies.
. ▲ top. The Case Against Layoffs: They Often Backfire - Newsweek.com. Geeks at work - O'Reilly Radar. George F. Will - Handbook suggests that deviations from 'normality' are disorders - washingtonpost.com. You Are Not a Gadget | Life in the Long Tail. Billy blog » Blog Archive » Michal Kalecki – The Political Aspects of Full Employment. Julia Moulden: How Small Farmers Are Saving the World (And How You Can Help) Ralph Gomory: Jobs, Trade, and Mercantilism - Part II - Dealing With Reality. More Corner Logic (Still Wonkish) - Paul Krugman Blog. Ralph Gomory: Jobs, Trade, and Mercantilism - Part I - Facing Reality.
The financialisation of commodities. Do Not Pity the Democrats - Chris Hedges' Columns. Peak Phosphorus, and Why It Matters - By James Elser and Stuart White. The New American Corporate State - Forbes.com. Economic Scene - Hidden Amid Job Loss News, an Increase in Wages. China International Trade Review. Future of America’s workforce: permatemps - Careers.
Security in a Reputation Economy. The Disposable Worker. The Bellows » “Manufacturing”, cont. Agnotology. Martin Ford: Outsourcing Jobs...that Can't be Outsourced. The Social Media Words & Phrases Most Retweeted. Word Spy. Thinkmap Visual Thesaurus - An online thesaurus and dictionary of over 145,000 words that you explore using an interactive map. The Promise (and Perils) of Open Collaboration. IBM Invents Short-Cut to Assessing Data Quality. Green and Beyond: Getting smarter about the environment. Creators Syndicate - The Best Content in The World. Online Comics Blog - Comic Riffs by Michael Cavna - washingtonpost.com. Edward Sorel: Hell in Crisis | vanityfair.com. Conflict and Cooperation within an Organization: A Case Study of the Metropolitan Water District of Southern California by David Zetland.
Technology Review: Putting the Web in a Spreadsheet. A Painless Way to Learn Economics. In-Helmet Social Networking: One Influential Ex-General’s Vision of Future War | Danger Room. Tech Skeptic Is Petraeus’ New Boss | Danger Room. Ground Forces Best: Mattis. Opposed Systems Design. Five Disruptions in India’s Mobile Industry: 5 - VAS Competition.
Sonic Warfare. Growing Up in a Complex World. Fabius Maximus. Screw optimism – this is a global guerilla century. Visual Explorer™ Better User Experience With Storytelling, Part 2 - Smashing Magazine. Schumpeter's notebook. Prophet of Innovation -- The Review. THE SYSTEMPUNKT. Why Did Economists Fail to Predict the Crisis? - The brain drain: New evidence. Henry C.K. Liu Home. Ten of the greatest maps that changed the world. Early Warning. Editorial - Massacre in Tamaulipas. The REXpedition. IDEO's Axioms for Starting Disruptive New Businesses | Co.Design. Hearing Problems at Steven Landsburg | The Big Questions: Tackling the Problems of Philosophy with Ideas from Mathematics, Economics, and Physics. Better User Experience With Storytelling - Part One - Smashing Magazine.
Enterprise Resilience Management Blog: Avoiding Mistakes that Lead to Failure. Value of Storytelling - when terminology gets in the way. Global Guerrillas: BASIC SYSTEMS DISRUPTION. Economist's View: The “Threat of an Arrogant Laboring Class, ...a Threat to the Foundation not Merely of Wealth but of Existence Itself” Commodities - Interest sparked in physical commodities. ParaPundit. Now independent thinkers are considered diseased by psychiatry. Genevieve Bell: Intel's cultural anthropologist - Sep. 21, 2010. Economist's View: Stiglitz: Needed: a New Economic Paradigm. Tim Duy's Fed Watch: Anomalous Capacity Shrinkage. Paris Over Amherst: Food, Energy, and Credit. Economist's View: "Reserve Accumulation and Easy Money Helped to Cause the Subprime Crisis"