July 2014 – Page 3 – artdiamondblog.com

French Protest Amazon, but Buy There for Low Prices

(p. B1) LONDON — On weekends, Guillaume Rosquin browses the shelves of local bookstores in Lyon, France. He enjoys peppering the staff with questions about what he should be reading next. But his visits, he says, are also a protest against the growing power of Amazon. He is bothered by the way the American online retailer treats its warehouse employees.
Still, as with millions of other Europeans, there is a limit to how much he will protest.
“It depends on the price,” said Mr. Rosquin, 49, who acknowledged that he was planning to buy a $400 BlackBerry smartphone on Amazon because the handset was not yet available on rival French websites. “If you can get something for half-price at Amazon, you may put your issues with their working conditions aside.”

For the full story, see:
MARK SCOTT. “Principles Are No Match for Europe’s Love of U.S. Web Titans.” The New York Times (Mon., JULY 7, 2014): B1 & B3.
(Note: the online version of the story has the date JULY 6, 2014.)

We Were Right to Honor Edison

It is said that the long inventor is dead, and some go so far as to say that the lone inventor never was. They downplay Edison’s role in bringing us the light. After all, we now use Tesla and Westinghouse’s AC current, rather than Edison’s DC.
But George Gilder is right when he emphasizes the importance of showing for the first time that something can be done–‘proof of concept’ matters, and clears the path for others to do the same, often in better ways.
In his Pearl Street plant, Edison proved that affordable, reliable, safe electric light was possible. The country was right to honor him before and after his death.

(p. 285) Making New Jersey’s plan to turn off all lights a national one, President Hoover asked the country’s citizens to mark their sorrow at Edison’s death by turning off all electric lights simultaneously across the country on the evening of Edison’s funeral, at ten o’clock eastern time. He had considered shutting down generators to effect a perfectly synchronized tribute but realized that it might lead to deaths; even this thought was put in service of a tribute to Edison, for the country’s life-and-death dependence upon electricity, he said, “is in itself a monument to Mr. Edison’s genius.”

Edison really had been privileged to hear his own eulogy in advance: (p. 286) The one read at the Light’s Golden Jubilee two years before was used again at his service. That night, the two radio networks, the National Broadcasting Company and the Columbia Broadcasting Company, jointly broadcast an eight-minute tribute that ended on the hour, when listeners were asked to turn out the lights. The White House did so and much of the nation followed, more or less together, some a minute before the hour, others on the hour. On Broadway, about 75 percent of the electrified signs were turned off briefly. Movie theaters went dark for a moment. Traffic lights blinked out. Everything seemed connected to Edison: the indoor lights, the traffic lights, the electric advertising, everyone connected via radio, which Edison now received credit for helping “to perfect.” In the simple narrative that provided inspiration for posterity, one man had done it all.

Source:
Stross, Randall E. The Wizard of Menlo Park: How Thomas Alva Edison Invented the Modern World. New York: Crown Publishers, 2007.

Proof-of-Concept: Life Can Be Very Long

“Rare Eucalyptus (species redacted for protection) (13,000 years old; New South Wales, Australia). This critically endangered eucalyptus is around 13,000 years old, and one of fewer than five individuals of its kind left on the planet. The species name might hint too heavily at its location, so it has been redacted.” Source of caption and photo: online version of the WSJ article quoted and cited below.

(p. C12) Photographer Rachel Sussman has spent the past decade looking for the oldest things alive. . . . She documents 30 of those organisms in her new book, “The Oldest Living Things in the World” (University of Chicago Press, $45).

For the full, brief, review, see:
Alexandra Wolfe. “EXHIBIT; The 2,000-Year-Old Plant.” The Wall Street Journal (Sat., April 26, 2014): C12.
(Note: ellipsis added.)
(Note: the online version of the review has the date April 25, 2014, and has the title “EXHIBIT; The 2,000-Year-Old Plant.”)

The book under review is:
Sussman, Rachel. The Oldest Living Things in the World. Chicago: University of Chicago Press, 2014.

“Bristlecone Pine (White Mountains, California). Bristlecone pines are the oldest unitary organisms in the world, known to surpass 5,000 years in age. In the 1960s, a then-grad student cut down what would have been the oldest known tree in the world while retrieving a lost coring bit. A cross section of that tree was placed in a Nevada casino.” Source of caption and photo: online version of the WSJ review quoted and cited above.

Summers’s Unbreakable Washington Power Elite Rule: Insiders Don’t Criticize Other Insiders

(p. 5) A telling anecdote involves a dinner that Ms. Warren had with Lawrence H. Summers, then the director of the National Economic Council and a top economic adviser to President Obama. The dinner took place in the spring of 2009, after the oversight panel had produced its third report, concluding that American taxpayers were at far greater risk to losses in TARP than the Treasury had let on.
After dinner, “Larry leaned back in his chair and offered me some advice,” Ms. Warren writes. “I had a choice. I could be an insider or I could be an outsider. Outsiders can say whatever they want. But people on the inside don’t listen to them. Insiders, however, get lots of access and a chance to push their ideas. People — powerful people — listen to what they have to say. But insiders also understand one unbreakable rule: They don’t criticize other insiders.”
“I had been warned,” Ms. Warren concluded.
A spokeswoman for Mr. Summers did not respond to a request for comment.

For the full commentary, see:
GRETCHEN MORGENSON. “Fair Game; From Outside or Inside, the Deck Looks Stacked.” The New York Times, SundayBusiness Section (Sun., APRIL 27, 2014): 1 & 5.
(Note: italics in original commentary, and in Warren book. I added a missing quotation mark.)
(Note: the online version of the commentary has the date APRIL 26, 2014.)

The Warren passages quoted above are from p. 106 of her book:
Warren, Elizabeth. A Fighting Chance. New York: Metropolitan Books, 2014.

Board Games Are Not Creatively Destroyed by Video Games

“Dan Shapiro playing Robot Turtles with his children. He designed the game to be a stealth lesson in basic computer programming.” Source of caption and photo: online version of the NYT article quoted and cited below.

(p. A1) MERCER ISLAND, Wash. — Dan Shapiro sold a company to Google and worked at Microsoft. His name is on nearly a dozen technology-related patents.

But when it came time for his latest venture, Mr. Shapiro turned to technology to produce something decidedly low-tech: a board game for children.
Technology, by all rights, should have killed old-fashioned games, which can never equal the eye-popping graphics, visceral action and immense online communities of today’s video games. Yet the opposite has occurred. Largely because of new technologies, there has been a creative outpouring of games by independent designers like Mr. Shapiro.
“It has unlocked a whole generation of innovative gameplay experimentation that just wasn’t feasible before,” he said.
New tools now power the creation of tabletop games — many in the strategy or fantasy genres — from idea to delivery. Crowdfunding sites provide the seed money and offer an early gauge of demand. Machines like 3-D printers can rapidly create figurines, dice and other prototype game pieces. And Amazon, the online retail giant, can handle shipping and distribution, cutting out the need for middlemen.
Sales have followed. While the video game business long ago (p. B4) eclipsed its low-tech cousin, sales of tabletop games have continued to grow. Sales at hobby stores in the United States rose 15 to 20 percent in each of the last three years, according to ICv2, a trade publication that tracks the business. Amazon says board game sales increased by a double-digit percentage from 2012 to 2013.
On Kickstarter, the crowdfunding service, in which users can pledge money to finance projects, the amount raised last year for tabletop games exceeded the amount for video games, $52.1 million to $45.3 million.

For the full story, see:
NICK WINGFIELD. “High-Tech Push Has Board Games Rolling Again.” The New YorkTimes (Tues., MAY 6, 2014): A1 & B4 (sic).
(Note: the online version of the story has the date MAY 5, 2014.)

Insull the Innovator

(p. 262) Willing to take risks, he picked up for a bargain price a state-of-the-art engine and pair of generators from General Electric that had been on display at the 1893 world’s fair. In only his second year on the job, he arranged to acquire his larger competitor, the Chicago Arc Light and Power Company. Branching farther out, he acquired coal mines and a steam railroad that provided vertical integration. Most innovative of all, he introduced new pricing schemes to encourage high-volume residential use spread over the entire day so that he could optimize the greatest volume of business for the least possible capital investment. With the acquisition of neighboring utilities, he created a six-thousand-square-mile regional network of power.

Source:
Stross, Randall E. The Wizard of Menlo Park: How Thomas Alva Edison Invented the Modern World. New York: Crown Publishers, 2007.

Rickenbacker Wasn’t the Best Pilot or the Best Shot “but He Could Put More Holes in a Target that Was Shooting Back”

Source of book image: http://jacketupload.macmillanusa.com/jackets/high_res/jpgs/9781250033772.jpg

(p. C6) With his unpolished manners, Rickenbacker encountered a good deal of arrogance from the privileged sons of Harvard and Yale, but after he had downed his first five enemies, criticism ceased. About Rickenbacker’s killer instinct his colleague Reed McKinley Chambers had this to say: “Eddie wasn’t the best pilot in the world. He could not put as many holes in a target that was being towed as I could, but he could put more holes in a target that was shooting back at him than I could.”

For the full review, see:
HENRIK BERING. “Daring Done Deliberately.” The Wall Street Journal (Sat., May 31, 2014): C6.
(Note: the online version of the review has the date May 30, 2014, and has the title “Book Review: ‘Enduring Courage’ by John F. Ross.”)

The book under review is:
Ross, John F. Enduring Courage: Ace Pilot Eddie Rickenbacker and the Dawn of the Age of Speed. New York: St Martin’s Press, 2014.

The Opportunity Cost of Surgeons Dictating and Documenting Health Records

(p. A13) Across the country, doctors waste precious time filling in unnecessary electronic-record fields just to satisfy a regulatory measure. I personally spend two hours a day dictating and documenting electronic health records just so I can be paid and not face a government audit. Is that the best use of time for a highly trained surgical specialist?

For the full commentary, see:
DANIEL F. CRAVIOTTO JR. “A Doctor’s Declaration of Independence; It’s time to defy health-care mandates issued by bureaucrats not in the healing profession.” The Wall Street Journal (Tues., April 29, 2014): A13.
(Note: the online version of the commentary has the date April 28, 2014.)

Natural Resources Increase through Innovation

“A worker inspects solar panels in Dunhuang, China. We have an estimated supply of one million years of tellurium, a rare element used in some panels.” Source of caption and photo: online version of the WSJ article quoted and cited below.

(p. C1) How many times have you heard that we humans are “using up” the world’s resources, “running out” of oil, “reaching the limits” of the atmosphere’s capacity to cope with pollution or “approaching the carrying capacity” of the land’s ability to support a greater population? The assumption behind all such statements is that there is a fixed amount of stuff–metals, oil, clean air, land–and that we risk exhausting it through our consumption.
. . .
But here’s a peculiar feature of human history: We burst through such limits again and again. After all, as a Saudi oil minister once said, the Stone Age didn’t end for lack of stone.
. . .
Economists call the same phenomenon innovation. What frustrates them about ecologists is the latter’s tendency to think in terms of static limits. Ecologists can’t seem to see that when whale oil starts to run out, petroleum is discovered, or that when farm yields flatten, fertilizer comes along, or that when glass fiber is invented, demand for copper falls.
. . .
(p. C2) . . ., Mr. Ausubel, together with his colleagues Iddo Wernick and Paul Waggoner, came to the startling conclusion that, even with generous assumptions about population growth and growing affluence leading to greater demand for meat and other luxuries, and with ungenerous assumptions about future global yield improvements, we will need less farmland in 2050 than we needed in 2000. (So long, that is, as we don’t grow more biofuels on land that could be growing food.)
. . .
The economist and metals dealer Tim Worstall gives the example of tellurium, a key ingredient of some kinds of solar panels. Tellurium is one of the rarest elements in the Earth’s crust–one atom per billion. Will it soon run out? Mr. Worstall estimates that there are 120 million tons of it, or a million years’ supply altogether.
. . .
Part of the problem is that the word “consumption” means different things to the two tribes. Ecologists use it to mean “the act of using up a resource”; economists mean “the purchase of goods and services by the public” (both definitions taken from the Oxford dictionary).
But in what sense is water, tellurium or phosphorus “used up” when products made with them are bought by the public? They still exist in the objects themselves or in the environment. Water returns to the environment through sewage and can be reused. Phosphorus gets recycled through compost. Tellurium is in solar panels, which can be recycled. As the economist Thomas Sowell wrote in his 1980 book “Knowledge and Decisions,” “Although we speak loosely of ‘production,’ man neither creates nor destroys matter, but only transforms it.”
. . .
If I could have one wish for the Earth’s environment, it would be to bring together the two tribes–to convene a grand powwow of ecologists and economists. I would pose them this simple question and not let them leave the room until they had answered it: How can innovation improve the environment?

For the full commentary, see:
MATT RIDLEY. “The Scarcity Fallacy; Ecologists worry that the world’s resources come in fixed amounts that will run out, but we have broken through such limits again and again.” The Wall Street Journal (Sat., April 26, 2014): C1-C2.
(Note: ellipses added.)
(Note: the online version of the commentary has the date April 25, 2014, and has the title “The World’s Resources Aren’t Running Out; Ecologists worry that the world’s resources come in fixed amounts that will run out, but we have broken through such limits again and again.”)