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Erin Hamson

Modern History Sourcebook: Adam Smith: The Wealth of Nations, 1776 (Epitome) - 0 views

www.fordham.edu/...adamsmith-summary.html

shared by Erin Hamson on 28 Sep 10 - Cached
Andrew DeWitt liked it
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      The process of specialization was later perfected by Henry Ford, in making cheap, durable cars.
  • This great increase of the quantity of work which, in consequence of the division of labor, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species of work to another; and lastly, to the invention of a great number of machines which facilitate and abridge labor, and enable one man to do the work of many....
  • Man has almost constant occasion for the help of his brethren, and it is in vain for him to expect it from their benevolence only. He will be more likely to prevail if he can interest their self-love in his favor, and show them that it is for their own advantage to do for him what he requires of them. Whoever offers to another a bargain of any kind, proposes to do this. Give me that which I want, and you shall have this which you want, is the meaning of every such offer; and it is in this manner that we obtain from one another the far greater art of those good offices which we stand in need of. It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      This is the basis of the Market Economy or Capitalism, exchange based in self-interest that benefits all.
  • ...38 more annotations...
  • In order to avoid the inconvenience of such situations, every prudent man in every period of society, after the first establishment of the division of labor, must naturally have endeavored to manage his affairs in such a manner as to have at all times by him, besides the peculiar produce of his own industry, a certain quantity of some one commodity or other, such as he imagined few people would be likely to refuse in exchange for their produce....It is in this manner that money has become in all civilized nations the universal instrument of commerce, by the intervention of which goods of all kinds are bought and sold, or exchanged for one another....
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      The role/development of money. The problem with money is that it has to be regulated and who regulates it? If we let the governement regulate it, it might become manipulated...
  • The value of any commodity,
  • is equal to the quantity of labor which it enables him to purchase or command
  • Labor, therefore, is the real measure of the exchangeable value of all commodities....
  • The real price of everything
  • is the toil and trouble of acquiring it.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Note the difference between the value and the price. The price changes most significantly in relation to how much the consumer wants the product, as opposed to how much time it took the maker to make it.
  • which resolves itself into labor
  • resolves itself into rent
  • resolves itself into profit
  • ordinary or average rate both of wages and profit
  • partly by the general circumstances of the society,
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      A man cannot charge above that which can be paid him or he will lose business.
  • partly by the particular nature of each employment
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Some labor is simply worth more
  • ordinary or average rate of rent
  • partly by the general circumstances of the society or neighborhood in which the land is situated,
  • partly by the natural or improved fertility of the land
  • When the price of any commodity is neither more nor less than what is sufficient to pay the rent of the land, the wages of the labor, and the profits of the stock employed in raising, preparing, and bringing it to market, according to their natural rates, the commodity is then sold for what may be called its natural price.
  • The actual price at which any commodity is commonly sold is called its market price
  • he market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market, and the demand of those who are willing to pay the natural price of the commodity, or the whole value of the rent, labor, and profit, which must be paid in order to bring it thither.
  • A competition will immediately begin among them, and the market price will rise more or less above the natural price, according as either the greatness of the deficiency, or the wealth and wanton luxury of the competitors, happen to animate more or less the eagerness of the competition.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      The results of scarcity *footballs*
  • quantity brought to market exceeds the effectual demand
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Surplus
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      ,effect of
  • A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      See above
  • When by an increase in the effectual demand, the market price of some particular commodity happens to rise a good deal above the natural price, those who employ their stocks in supplying that market are generally careful to conceal this change
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      A monopoly
  • The exclusive privileges of corporations, statutes of apprenticeship, and all those laws which restrain, in particular employments, the competition to a smaller number than might otherwise go into them, have the same tendency, though in a less degree. They are a sort of enlarged monopolies,
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      See above
  • THE produce of labor constitutes the natural recompense or wages of labor.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      You get what you make
  • Such combinations, however, are frequently resisted by a contrary defensive combination of the workmen; who sometimes too, without any provocation of this kind, combine of their own accord to raise the price of their labor.....
  • Masters, too, sometimes enter into particular combinations to sink the wages of labor even below this rate
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Two combinations to react to one another. Like the checks and balances found in gov.
  • The demand for those who live by wages, therefore, necessarily increases with the increase of the revenue and stock of every country, and cannot possibly increase without it. The increase of revenue and stock is the increase of national wealth....
  • It is but equity, besides, that they who feed, clothe, and lodge the whole body of the people, should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      equality in the pursuit of happiness
  • First, by restraining the competition in some employments to a smaller number than would otherwise be disposed to enter into them; Second, by increasing it in others beyond what it naturally would be; and, Third, by obstructing the free circulation of labor and stock, both from employment to employment and from place to place.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Problems of Mercantilism
  • First,
  • by restraining the competition in some employments to a smaller number than might otherwise be disposed to enter into them
  • and to hinder him from employing this strength and dexterity in what manner he thinks proper without injury to his neighbor is a plain violation of this most sacred property.
  • An exclusive corporation necessarily weakens the force of this discipline.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      the gov is not needed for regulation
  • Second,
  • by increasing the competition in some employments beyond what it naturally would be
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      pursuit of happiness
  • by obstructing the free circulation of labor and stock both from employment to employment, and from place to place,
  • Third,
  • Andrew DeWitt on 28 Sep 10
     
    Thanks for the annotations and the comments.
Ariel Szuch

AutoTrader Puts Digital First, Shifting £463 Million Away From Print | paidCo... - 0 views

paidcontent.org/...ng-463-million-away-from-print

print vs. digital digiciv media

shared by Ariel Szuch on 27 Sep 10 - No Cached
  • Ariel Szuch on 27 Sep 10
     
    I just thought this was an interesting example of how companies are beginning to digitize vs. produce things in print. They follow the consumers, and more and more are going online.
Kristen Nicole Cardon

Race to Nowhere | Changing lives one film at a time - 2 views

www.racetonowhere.com

education stress testing documentary achievement film clilp digiciv

shared by Kristen Nicole Cardon on 28 Sep 10 - Cached
  • Kristen Nicole Cardon on 28 Sep 10
     
    I highly suggest watching this clip.  It's food for thought if nothing else--what are the flaws of our educational system, what are the consequences of those flaws, and how can we fix it?
  • Bri Zabriskie on 28 Sep 10
     
    Hey Kristen, this guy writes music for children and also political songs. This song he wrote is along those same lines. You might be interested: http://www.youtube.com/watch?v=8dAujuqCo7s
Kristi Koerner

Virtual Economy Research Network | News, research and discussion on virtual goods, curr... - 1 views

virtual-economy.org

economy Digitial

shared by Kristi Koerner on 28 Sep 10 - Cached
  • Kristi Koerner on 28 Sep 10
     
    A site that helped explain virtual economies and how this is playing a role in our emerging global economy.
Jeffrey Chen

Open Science Project - 2 views

www.openscience.org/blog

Science 2.0 open sourcing blog digiciv

shared by Jeffrey Chen on 21 Sep 10 - Cached
  • Jackie C on 21 Sep 10
     
    I loved how I went to this URL and the first entry was about molecular simulation. I'm just starting a research project with this. I hope that other people will get excited about the prospect of open science, or even as excited about the research and software as I am :)
  • Katherine Chipman on 22 Sep 10
     
    Great link Jackie! I followed your link and really enjoyed reading some of the posts. One that I found particularly interesting is called "What, exactly, is Open Science?" I hadn't really thought about the importance of having research be available and open to everyone, but this article made me think about it and I agree. Thanks again for the link.
  • Jeffrey Chen on 13 Dec 10
     
    A great website that shows how science is becoming more open. A group of scientists "who want to encourage a collaborative environment in which science can be pursued by anyone who is inspired to discover something new about the natural world."
Jeffrey Whitlock

How to Update Your Insecure Passwords and Make Them Easy to Use - 0 views

lifehacker.com/...ords-and-make-them-easy-to-use

shared by Jeffrey Whitlock on 27 Sep 10 - No Cached
    • Jeffrey Whitlock
      Jeffrey Whitlock on 27 Sep 10
       
      A very informative blog post on password security. Some great suggestions are given.
Brandon McCloskey

BBC News - YouTube drive to 'crowd-read' Spain classic Don Quixote - 1 views

www.bbc.co.uk/...world-europe-11449510

Digital literature Don Quixote news

shared by Brandon McCloskey on 01 Oct 10 - No Cached
  • Brandon McCloskey on 01 Oct 10
     
    A great example of how people are using the digital age to bring back classic stories from the past. Who doesn't love Don Quixote?
Andrew DeWitt

bit.ly | Basic | a simple URL shortener - 0 views

bit.ly

tools url_shortener bit.ly shortener tinyurl url link

shared by Andrew DeWitt on 18 Sep 10 - Cached
  • Andrew DeWitt on 18 Sep 10
     
    A URL shortener and tracker.  This website tracks how many times your links have been clicked and by whom and when.  This is a great tool to see if people are actually looking at the links you post.  Plus, its super easy to use and you can create custom links.
Andrew DeWitt

Social Media for Branding - 0 views

www.slideshare.net/...social-media-for-branding

social media facebook presentation blog

shared by Andrew DeWitt on 21 Sep 10 - No Cached
  • Andrew DeWitt on 21 Sep 10
     
    Great presentation on how to make your mark in the digital world
  • Andrew DeWitt on 21 Sep 10
     
    Here is the comment I left on the SlideShare website: This is super important stuff, thank you for sharing. In our digital age, a person's ability to market themselves on the web is a form of social capital. The more people follow us on Twitter, Facebook, and the blogosphere, the greater influence we can have. It makes me think about what happens in the book, 'Ender's Game' by Orson Scott Card. In the story, Peter and Valentine publish a lot of political commentary under aliases which eventually have a huge impact on world politics. Our future world may be run by those who can best market themselves and let their voice be heard.
Erin Hamson

* Arachnophilia - 0 views

www.arachnoid.com/...index.php

lab?

shared by Erin Hamson on 19 Sep 10 - Cached
  • Erin Hamson on 19 Sep 10
     
    How tos w/ HTML
Erin Hamson

School (Architecture) - 0 views

quod.lib.umich.edu/...text-idx

encyclopedia science

shared by Erin Hamson on 23 Sep 10 - No Cached
  • This text may be freely searched and displayed. Permission must be received for subsequent distribution in print or electronically. Please contact the translator or spo-help@umich.edu for more information.
    • Erin Hamson
      Erin Hamson on 23 Sep 10
       
      The article is on one school of architecture, not likly to be found in a modern encyclopedia.
    • Erin Hamson
      Erin Hamson on 23 Sep 10
       
      Notice the avaliability of this source. Doesn't flow with open science, or the open knowledge descirbed therein.
  • Erin Hamson on 23 Sep 10
     
    This is an article from the Encyclopedia of Diderot & d'Alembert. I clicked on it interested in how architecture was seen and got a quick history lesson!
Kristi Koerner

The New Invisible College - 2 views

www.carolinewagner.net/about.html

shared by Kristi Koerner on 23 Sep 10 - No Cached
  • Kristi Koerner on 23 Sep 10
     
    A book and essays about how our global technological culture has revolutionized science! Can you say Digital Civilization?
Kevin Watson

Open Science Summit Videos - At last. | Science 3.0 - 0 views

www.science3point0.com/...-science-summit-videos-at-last

digiciv video open science

shared by Kevin Watson on 21 Sep 10 - No Cached
  • The summit focussed mainly on open data, open access and open knowledge, although there were a lot of interesting ideas, many of which we have since tried to incorporate here (such as microfinancing via flattr). To whet your appetite, here’s the opening discussion.
  • Kevin Watson on 21 Sep 10
     
    Interesting ideas on how open access, open data, and open knowledge can all be incorporated into the field of science. Good video.
Kevin Watson

UK science risks relegation, warns Royal Society - physicsworld.com - 0 views

physicsworld.com/...41938

Science digiciv Royal Society uk risks

shared by Kevin Watson on 22 Sep 10 - No Cached
  • Kevin Watson on 22 Sep 10
     
    How much money should be given to Science and Research?
Bri Zabriskie

Masters of Media » The Customer is Always Right (or at least able to convince... - 0 views

mastersofmedia.hum.uva.nl/...e-the-internet-masses-they-are

web2.0 economy digiciv social media

shared by Bri Zabriskie on 26 Sep 10 - No Cached
  • Bri Zabriskie on 26 Sep 10
     
    This is a fascinating article about how web 2.0 and social media are already HUGELY affecting our economy. Do we even have a choice about where our economy is going or is a leviathan of a different kind taking over?
Brian Earley

YouTube - Jeff Howe - Crowdsourcing - 0 views

www.youtube.com/watch

digiciv youtube howe

shared by Brian Earley on 28 Sep 10 - No Cached
  • Brian Earley on 28 Sep 10
     
    very cool video to meet the author.  I'm picking up the book from the library.  I'll post this video and hopefully a book review within a week.
Katherine Chipman

Privacy and Online Information - Chris Hoofnagle Fall 2007 | OER Commons - 0 views

www.oercommons.org/...tion-chris-hoofnagle-fall-2007

online privacy

shared by Katherine Chipman on 29 Sep 10 - No Cached
  • In this course students will first gain an understanding of the basics of how search engines work, and then explore how search engine design impacts business and culture. Topics include search advertising and auctions, search and privacy, search ranking, internationalization, anti-spam efforts, local search, peer-to-peer search, and search of blogs and online communities.
anonymous

Confessions of an Aca/Fan: Archives: Civic Media: A Syllabus - 0 views

henryjenkins.org/...civic_media_a_syllabus.html

civic media government journalism

shared by anonymous on 03 Oct 10 - Cached
  • anonymous on 03 Oct 10
     
    This is a syllubus of a class on civic media at USC. Talks about how media should be used to influence the public's engagement in government.
Braquel Burnett

http://history.hanover.edu/courses/excerpts/111dar.html - 1 views

history.hanover.edu/...111dar.html

shared by Braquel Burnett on 18 Oct 10 - No Cached
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      Selective breeding 
  • There is no obvious reason why the principles which have acted so efficiently under domestication should not have acted under nature.
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      Logical Conclusion
  • With animals having separated sexes there will in most cases be a struggle between the males for possession of the females.
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      One type of competition
  • ...14 more annotations...
  • No one can draw any clear distinction between individual differences and slight varieties; or between more plainly marked varieties and subspecies, and species.
  • why should we doubt that variations in any way useful to beings, under their excessively complex relations of life, would be preserved, accumulated, and inherited?
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      Progression, in species rather than individual people.
  • The theory of natural selection, even if we looked no further than this, seems to me to be in itself probable. I have already recapitulated, as fairly as I could, the opposed difficulties and objections: now let us turn to the special facts and arguments in favour of the theory.
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      It seems perfectly logical.
  • On the view that species are only strongly marked and permanent varieties, and that each species first existed as a variety, we can see why it is that no line of demarcation can be drawn between species, commonly supposed to have been produced by special acts of creation, and varieties which are acknowledged to have been produced by secondary laws. On this same view we can understand how it is that in each region where many species of a genus have been produced, and where they now flourish, these same species should present many varieties; for where the manufactory of species has been active, we might expect, as a general rule, to find it still in action; and this is the case if varieties be incipient species.
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      Starting with the premise that species came from one, ie "first existed as a variety", if they were each distinctly created, then this logic is false, because the premise is false. 
  • preserve the most divergent offspring
  • Hence during a long-continued course of modification, the slight differences, characteristic of varieties of the same species, tend to be augmented into the greater differences characteristic of species of the same genus.
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      How species come about.
  • New and improved varieties will inevitably supplant and exterminate the older, less improved and intermediate varieties; and thus species are rendered to a large extent defined and distinct objects.
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      Extinction
  • This grand fact of the grouping of all organic beings seems to me utterly inexplicable on the theory of creation.
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      The fact that there are relations among different species. 
  • But why this should be a law of nature if each species has been independently created, no man can explain.
  • As natural selection acts solely by accumulating slight, successive, favourable variations, it can produce no great or sudden modification; it can act only by very short and slow steps
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      Where is the evidence for these short steps? 
  • The wonder indeed is, on the theory of natural selection, that more cases of the want of absolute perfection have not been observed.
  • As natural selection acts by competition, it adapts the inhabitants of each country only in relation to the degree of perfection of their associates;
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      Imperfection of Nature
  • we believ
    • Erin Hamson
      Erin Hamson on 18 Oct 10
       
      STILL NEEDS FAITH?
  • Natura non facit saltum
    • Braquel Burnett
      Braquel Burnett on 19 Oct 10
       
      It means "nature does not make jumps." (http://en.wikipedia.org/wiki/Natura_non_facit_saltus)
Megan Stern

Crowdsourcing and Community Collaboration - How Can it Help your Organization? TO Net T... - 0 views

prezi.com/...-to-net-tuesday-techsoupcanada

digiciv crowdsourcing

shared by Megan Stern on 24 Oct 10 - No Cached
  • Megan Stern on 24 Oct 10
     
    A lot of useful and general information about crowdsourcing.
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