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Brian Earley

YouTube - Jeff Howe - Crowdsourcing - 0 views

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    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.
James Wilcox

Smith: Wealth of Nations, Book IV, Chapter 1 | Library of Economics and Liberty - 2 views

  • Among the Tartars, as among all other nations of shepherds, who are generally ignorant of the use of money, cattle are the instruments of commerce and the measures of value
    • James Wilcox
       
      That so interesting that cattle became the measure of money and wealth.  It seems that for something to be money it has to be able to come in large quantities, not have much difference between one to another, and carry a consistent value.
    • James Wilcox
       
      This notion of a Gold or currency base stands so consistent that it is hard for us today to break away and have a purely digital or credit economy.  But ever so slowly we are getting there.
  • When those countries became commercial, the merchants found this prohibition, upon many occasions, extremely inconvenient. They could frequently buy more advantageously with gold and silver than with any other commodity the foreign goods which they wanted, either to import into their own, or to carry to some other foreign country. They remonstrated, therefore, against this prohibition as hurtful to trade.
    • James Wilcox
       
      This principle of protectionism holds true today and is still argued about by growing economies.  Not so commonly with gold but with all different types of key commodities.
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  • They represented, secondly, that this prohibition could not hinder the exportation of gold and silver, which, on account of the smallness of their bulk in proportion to their value, could easily be smuggled abroad.*9 That this exportation could only be prevented by a proper attention to, what they called, the balance of trade
    • James Wilcox
       
      I have heard this same argument for illegal drugs.  I have heard people say we should legalize it so that it can be tracked and limited in a legal manner.
  • hat wealth consists in money, or and silver, is a popular notion which naturally arises from the double function of money, as the instrument of commerce and as the measure of value. In consequence of its being the instrument of commerce, when we have money we can more readily obtain whatever else we have occasion for than by means of any other commodity. The great affair, we always find, is to get money. When that is obtained, there is no difficulty in making any subsequent purchase. In consequence of its being the measure of value, we estimate that of all other commodities by the quantity of money which they will exchange for. We say of a rich man that he is worth a great deal, and of a poor man that he is worth very little money. A frugal man, or a man eager to be rich, is said to love money; and a careless, a generous, or a profuse man, is said to be indifferent about it. To grow rich is to get money; and wealth and money, in short, are, in common language, considered as in every respect synonymous.
Margaret Weddle

Bowditch Online - 1 views

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    The American Practical Navigator Great stuff, if you've ever had an inkling of an interest in sailing, oceans, weather, etc! Read the Juvinile Fiction book, "Carry On, Mr. Bowditch" to understand what this is all about - an old neighbor (a Navy Submariner) told me that this book is part of the standard library on every Navy vessel! VERY interesting browsing, this!
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    Cool stuff that goes with our selected book!
Bri Zabriskie

The Open Library Blog - 0 views

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    the blog for the last site I bookmarked. Makes some interesting reading.
Bri Zabriskie

About Us (Open Library) - 0 views

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    This is an open source wiki-like record of (eventually) all books ever published. I stumbled across it while looking for information about a book for another class. Interesting.
James Wilcox

Keynes, The Economic Consequences of the Peace | Library of Economics and Liberty - 1 views

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    This is an interesting book... especially because it was written between two world wars.
James Wilcox

John Maynard Keynes: The Concise Encyclopedia of Economics | Library of Economics and L... - 0 views

  • Contrary to some of his critics’ assertions, Keynes was a relatively strong advocate of free markets. It was Keynes, not adam smith, who said, “There is no objection to be raised against the classical analysis of the manner in which private self-interest will determine what in particular is produced, in what proportions the factors of production will be combined to produce it, and how the value of the final product will be distributed between them.”
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    Economic Encyclopedia on John Maynard Keynes
Shuan Pai

Reaganomics, by William A. Niskanen: The Concise Encyclopedia of Economics | Library of... - 0 views

  • Reaganomics" was the most serious attempt to change the course of U.S. economic policy of any administration since the New Deal.
  • These major policy changes, in turn, were expected to increase saving and investment, increase economic growth, balance the budget, restore healthy financial markets, and reduce inflation and interest rates.
Brian Earley

FutureQuake Online - 0 views

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    Dr. Future interviews famous people, including Alvin Toffler.  Check "past shows" and you'll find a library of 5 years of AM recordings.
Shuan Pai

Capitalism - 1 views

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    Gives a good, detailed yet brief description of the history and emergence of capitalism.
Kristen Nicole Cardon

Op-Ed Playlist - Video Library - The New York Times - 0 views

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    Course content quality vs. course content quantity.  Remember AP classes?  I loved them!  This is a new perspective.
Danny Patterson

The concise encyclopedia of economics ADAM SMITH - 1 views

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    i didn't know much about Adam Smith before this class. This is a good informative site.
Kristi Koerner

Emmanuel Levinas - Philosopher - Biography - 0 views

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    "the Other" concept was originally created by Levinas.
Kevin Watson

Scholarly Communications @ Duke » What is Open Science? - 1 views

  • The spirit of these principles is that there should be transparency to the methods, observations, data collection, data access, communication, collaboration and research tools.  Instead of limiting the sharing of the practice of science to publication of selected results, the entire scientific process should be exposed to potential users, collaborators and extenders of the work.
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    Good short blog on some applications of using Open Science.
Brad Twining

Anthropological history of YouTube - 0 views

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    Presented at the Library of Congress by a professor from Kansas State. It is almost an hour long, but a great talk! He talks about the impact of YouTube on society and culture and how revolutionizing it and Web 2.0 has been.
Andrew DeWitt

Learning in the Light of Faith - 0 views

  • When I was just out of graduate school, I attended my first meeting of the American Physical Society in New York City. A highlight was a special event arranged by the conference organizers: the great science fiction writer Isaac Asimov had been invited to speak to us.
  • Hour after hour he wrote down the stories he found in books in the university library about people protesting the invention of things like machines to spin thread and to weave cloth, steam-powered trains, automobiles, airplanes, etc. All of these advances were perceived by the general public either to be physically dangerous or to be a threat to the livelihoods of workers in trades that were about to be destroyed by these advances.
  • when he started to write science fiction, he remembered all of this work he had done. So while his fellow writers were all rhapsodizing about the thrill of rockets and space travel (long before such things were possible), he wrote a story about how the local populace showed up at the launch site with torches and pitchforks in opposition to space travel. Years later, when rockets and travel outside of the earth’s atmosphere became possible, there were protests, and many of Mr. Asimov’s colleagues were astounded that he had predicted so far in advance that this would occur.
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  • “Why,” Mr. Asimov then asked us, “among all of these talented and visionary writers, was I the only one who was able to predict that this resistance to change would occur?” He let us think about the question for an uncomfortably silent minute, then leaned into the microphone and said in an intense voice that I still vividly remember: “It’s because people are stupid!”
  • The lesson I take from my memory of this experience is that the proper attitude to have when confronted with the vast complexity both of the universe and of the ideas and activities of the people who live on this small planet orbiting an ordinary star far away from the center of things in our galaxy is profound humility.
    • Andrew DeWitt
       
      This is how we ought to deal with future shock: "humility"
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    Great Devotional Talk by Ross Spencer.  Includes a great reference to "Future Shock".
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