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.

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”

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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.

Insull Took 50% Pay Cut to Get Chief Executive Position

(p. 262) Insull’s story is characterized by boldness of action that exceeded anything Edison had tried. When he had left Edison’s side, he had been determined to find a chief executive position. In 1892, he passed up an offer to be a vice president in Henry Villard’s North American Company in order to become president of Edison Chicago, a small electrical power utility that could pay him only half of what he had made in New York. He also had to move to Chicago, a place that seemed to a New Yorker like a “frontier town.”

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

Instead of 50 Silicon Valleys, Andreessen Sees 50 Kinds of Silicon Valley

AndreessenMarcCofounderNetscape2014-05-31.jpg “Marc Andreessen, co-founder of the first major web browser, Netscape, has a record for knowing what’s coming next with technology.” Source of caption and photo: online version of the NYT article quoted and cited below.

(p. B8) Mr. Andreessen said new valleys will eventually emerge. But they won’t be Silicon Valley copycats.

Over the past couple of years, venture firms have invested in start-ups in Los Angeles, New York, Chicago and all over China. Los Angeles, for example, is home to Snapchat, Tinder, Whisper, Oculus VR and Beats, some of the big tech stories of the year. Mr. Andreessen said another hot place is Atlanta, the home of Georgia Tech.
But he offers a caveat.
“My personal view is that Silicon Valley will continue to take a disproportionate share of the No. 1 positions in great new markets, and I think that’s just a reflection that the fact that the valley works as well as it does,” Mr. Andreessen said.
There is a caveat to his caveat.
In Mr. Andreessen’s view, there shouldn’t be 50 Silicon Valleys. Instead, there should be 50 different kinds of Silicon Valley. For example, there could be Biotech Valley, a Stem Cell Valley, a 3-D Printing Valley or a Drone Valley. As he noted, there are huge regulatory hurdles in many of these fields. If a city wanted to spur innovation around drones, for instance, it might have to remove any local legal barriers to flying unmanned aircraft.

For the full interview, see:
NICK BILTON. “DISRUPTIONS; Forecasting the Next Big Moves in Tech.” The New York Times (Mon., MAY 19, 2014): B8.
(Note: the online version of the interview has the date MAY 18, 2014, and has the title “DISRUPTIONS; Marc Andreessen on the Future of Silicon Valley(s), and the Next Big Technology.” )

Edison Thought His Money Did More Good by Funding Inventions than by Funding Philanthropy

(p. 263) When asked in 1911 to donate to a building drive for a YMCA in Port Huron, a boyhood home, Edison responded with a small pledge and provided an explanation of why he would not provide more: “I can use surplus money to greater advantage for all the people in conducting experiments.”

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

Edison “Put His Winnings from the Electric Light Business into the Mining Business”

(p. 265) In his business and research projects, Edison became more timid as he became older. While in his thirties, he had had the energy to tackle a problem that had seemed to many to be insoluble: the “subdivision” of the electric light that would make indoor use technically and economically feasible. In his forties, he had continued to dream big and put his winnings from the electric light business into the mining business. It had ended disappointingly, but he cannot be criticized for timidity. In his fifties, he did make another sizable bet. However, for this venture, pursuing the improvement of the battery for an electric car, he had financing from Ford that insulated him from personal risk. He continued to steer clear of risk in his sixties and seventies.

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

If Inventors Were Allowed to Educate

(p. 228) Along with the home projector, the company introduced a central clearinghouse for used films, which offered customers a way of replenishing the family’s entertainment supply by using the postal service to swap titles with others for a nominal processing fee. Edison, however, wanted to use his projector not for entertainment but for education. For preschoolers, his idea was nothing less than brilliant. For teaching the alphabet, Edison explained in an interview, “suppose, instead of the dull, solemn letters on a board or a card you have a little play going on that the littlest youngster can understand,” with actors carrying in letters, hopping, skipping, turning somersaults. “Nothing like action–drama–a play that fascinates the eye to keep the attention keyed up.” (A prospectus for Sesame Street could not have made a better case.)

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

Schulman Grants that Kochs “Have Sincere Political Views that Go Beyond Being Just a Cover for Their Companies’ Interest”

KochBrothersWilliamCharlesDavidFrederick2014-05-28.jpg “The Koch brothers, from left: William, Charles, David and Frederick.” Source of caption and photo: online version of the NYT review quoted and cited below.

(p. 12) “Sons of Wichita” may strike some readers as surprisingly pro-Koch.  . . . [Schulman] grants Charles and David two key concessions: They have sincere political views that go beyond being just a cover for their companies’ interest in lower taxes and fewer regulations, and many of their political activities have been right out in the open, rather than lurking in the shadows. He seems to be almost in awe of Charles, the most mysterious of the brothers, who runs Koch Industries by a system he devised called Market-Based Management. Summarizing, but not dissenting from, the views of Charles’s employees, Schulman calls him “a near-mythic figure, a man of preternatural intellect and economic prowess,” adding: “He is unquestionably powerful, but unfailingly humble; elusive, but uncomplicated; cosmopolitan, yet thoroughly Kansan.” It’s noteworthy, Schulman argues, that for decades the Koch family was definitely not welcome in the Republican Party. That they came to stand for Republicanism, at least in the minds of liberals, in 2010 and 2012 is testament to their persistence, to the weakening of the traditional party structures and to their success in making libertarianism a mainstream rather than a fringe ideology. “It’s a brilliant, extraordinary accomplishment,” Schulman quotes Rob Stein of the liberal Democracy Alliance as saying about the Kochs’ rise to influence.
. . .
Even the Tea Party movement is not entirely dependent on intravenous feeding from the Kochs or that other favorite liberal villain, Fox News. And elements of Koch-style libertarianism, connected to the interests of major donors, now live within the Democratic Party too — not just on social issues like same-sex marriage, but on economic and regulatory ones too. “Sons of Wichita” reminds us that political outcomes depend far more on ideas and organization, and the energy and persistence devoted to them, than they do on the balance of power between good guys and bad guys.

For the full review, see:
NICHOLAS LEMANN. “Billionaire Boys Club.” The New York Times Book Review (Sun., MAY 25, 2014): 12.
(Note: ellipses, and bracketed name, added.)
(Note: the online version of the review has the date MAY 23, 2014.)

The book under review is:
Schulman, Daniel. Sons of Wichita: How the Koch Brothers Became America’s Most Powerful and Private Dynasty. New York: Grand Central Publishing, 2014.

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Source of book image: http://media.npr.org/assets/bakertaylor/covers/s/sons-of-wichita/9781455518739_custom-bd178f0c1a2667e448cf13ff7df2850774d77dd8-s6-c30.jpg

How Edison Brought Tears to the Eyes of Maria Montessori

(p. 221) Edison’s partial loss of hearing prevented him from listening to music in the same way as those with unimpaired hearing. A little item that appeared in a Schenectady, New York, newspaper in 1913 related the story that Edison supposedly told a friend about how he usually listened to recordings by placing one ear directly against the phonograph’s cabinet. But if he detected a sound too faint to hear in this fashion, Edison said, “I bite my teeth in the wood good and hard and then I get it good and strong.” The story would be confirmed decades later in (p. 222) Madeleine’s recollections of growing up. One day she came into the sitting room in which someone was playing the piano and a guest, Maria Montessori, was in tears, watching Edison listen the only way that he could, teeth biting the piano. “She thought it was pathetic,” Madeleine said, “I guess it was.”

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

Federal Tax Reduction Fueled Craft Beer Revolution

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Source of book image: online version of the NYT review quoted and cited below.

(p. 6) The story of craft beer’s rise begins in 1965, when Fritz Maytag, an heir to the Maytag appliance fortune, bought and revived the Anchor Steam brewery in San Francisco, thus inspiring a generation of so-called home brewers to begin considering commercial ventures.
. . .
A 1976 federal tax reduction for small brewers fueled the industry’s growth.
. . .
For years, the greatest challenge for craft brewers was distribution — simply getting restaurants and grocery stores to sell their product. Most wholesale beer distributors, Mr. Hindy writes, were heavily reliant on the three megabreweries — Anheuser-Busch, Miller and Coors — and couldn’t be bothered to spend time pushing obscure brands whose makers rarely had enough money to advertise. In 1996, Augustus Busch III demanded that its distributors devote a “100 percent share of mind” to Busch products. That left most microbrewers to beg and wheedle the Miller and Coors distributors, a situation so frustrating that, in time, Mr. Hindy’s Brooklyn Brewery began distributing its own products.

For the full review, see:
BRYAN BURROUGH. “OFF THE SHELF; Craft Brewers, Finding a Better Seat at the Bar.” The New York Times, SundayBusiness Section (Sun., MAY 11, 2014): 6.
(Note: ellipses added.)
(Note: the online version of the review has the date MAY 10, 2014.)

The book under review is:
Hindy, Steve. The Craft Beer Revolution: How a Band of Microbrewers Is Transforming the World’s Favorite Drink. New York: Palgrave Macmillan, 2014.