Archive for the ‘Economics’ Category

Thanksgiving Day: Food for thought and a time for ‘post truth’ reflection

By giving the News a helping hand ahead of unfolding events** rather than falsifying it, Cottingham TV’s editor has with creative and historical personality profiling and research successfully pre-empted events unfolding – is this also the beginning of a new ‘pre-truth’ politics*?

Ben Franklin pioneered particulate or granular money as popular printed-on-paper (aka cotton, green-back) currency denominations and accounting economics – mirroring his Electroscope (Franklin Jar) invention revealing the particulate nature of electrons and hence their flow and accumulation as electrical charge

Historical Analysis reveals additional similarities between President Donald Trump and Governor Benjamin Franklin – before the days of lawyers and litigation and the age of political correctness they’ve ushered-in: both were masters of invention, fabrication and the (social) media of their time with BF producing scurrilous defamatory printed leaflets about his opponents on his presses! Had modern online social media been on hand to BF as a ‘can-do’ pragmatist and empiricist who wasn’t so hide-bound by rules and regulations back then, democracy as we know it might well have turned out rather differently!

Profiling personalities to predict electoral success – forget the numbers – its about chatacter leadership style and charisma: Nigel Farage and Donald Trump – and Hilary Clinton as ‘rule-breakers’ and ‘rule-makers’!

A role we predicted Nigel Farage would be delighted to accept!

Read about Cottingham TV’s first major scoop

Celebrating with turkeys voting for Christmas – and what about the poor turkeys? 🙂

Read about American Thanksgiving

Analysis

The word “News” means ‘new’, or better, ‘what’s new’ (as it happens). In the German Language they call the news “Nachrichten” which means ‘after-wrighting’ which translates to ‘interpreting and reporting what’s happened after the event’ (post-truth analysis). This raises the question posed by Evelyn Waugh: should the newscaster ‘pre-empt’ the news by helping make it happen or should he/she remain a dispassionate or objective, even ‘scientific’ observer and sit on the fence **?

It’s worth noting here that those readers who are ‘of an academic or intellectual persuasion’ are encouraged to disregard the tabloid ‘popular’ press and read the broadsheets instead.

As a further aside worthy of a Mark Twain observation, ‘trust the Germans to leave the reader in suspense until the very end of each overly-long sentence where they gather-up all the important verbs and then spring ‘the truth’ on the reader catching him unawares – the shock of the News – it’s really quite shocking indeed!

Best left as is (the news, that is) and remain objective, as to interfere with it would make matters infinitely worse, as the more orderly, rule-based, pessimistic and perhaps more cynical and sensible Germans might surmize’!

 

Nick

Open Question Interview with local represetatives ..

Europe: Never was so much owed by so many to so few

Yes – this is indeed a tale about the few and the many

and what’s sauce for the goose ‘over there’ ..

Complementing the National Debate ahead of the Referendum: –

Stop Press! Oxford University Mathematics and Economics Professors Support Cottingham.tv’s assertions

UK Economy ‘has blossomed within the EU’

J DOYNE FARMER (Professor of Mathematics), Sir DAVID HENDRY (Professor of Economics), DR MAX ROSER (Project Director, Institute for New Economics Thinking), Oxford Martin School, University of Oxford.

Letters to the Editor, The Times, Thursday, June 7th, 2016

Oxford Professors support Cottingham.tv’s assertions – we’re better off staying in!

With barely 3 weeks to go – do you think the mainstream broadcasters havn’t quite got it yet? 

12 (more) questions Cottingham.tv puts to ….

Q 1. Should we place our blind faith and trust the UK National Democracy to manage our affairs?

Q 2. And particularly ask: are our elected representatives with all their vested interests going to protect the public interest or place their own first?

Q 3. We should further ask: why would those with certain vested political interests seek to abolish the European Bill of Human Rights and replace it with our own, further to going without one, whilst our neighbours have enshrined theirs in Law for decades?

Q 4. Why has the UK establishment repeatedly failed to manage its economy over the decades since WW2?

Q 5. We should further ask: under existing (UK) democratic governance our aviation industry severely declined in the ’60s, the automotive industry followed in the ’70s, all the strife and class-ridden inequality in the ’80s, with issues of corruption abuse and bribery in other organisations only now surfacing, several decades later?

Q 6. Would those priviliged ‘the few’ who insist they are ‘on the side of the many’ risk plunging us back into all the post-war austerity decades we suffered prior to joining Europe?

A. For those of you who can remember, it took a good decade before the benefits of European membership started to become widespread over here

Q 7. We should further ask: subsequently to joining Europe in the mid-70s did not our economy turn the tide and economic conditions for the many get significantly better?

Q 8. Is the reason our manufacturing industry (especially automotive) is so successful today precisely because we have enjoyed substantial foreign investment and management practises as well as worker migration into the UK, not in spite of it?

Q 9. If we vote to leave the EU, would our industry base, seen as a gateway into Europe by many international foreign investors manufacturers and exporters from further afield be deserted, causing collapse of our financial services industry?

Q 10. If we vote to leave, will the Humber Region with its Billion Pound Inward European Investment from Siemens and Dong Energy turn into a decline – and would those “I’m alright Jack”, little Englander Exiteers with their vested interests even care?

Q 11. Back to trust: just why are some of our democratic representatives assumedly with those same vested self-interests supporting an escallating £ 78 billion ‘cost-plus’ investment in our future UK nuclear power station and placing their blind trust in an un-democratic unaccountable foreign power to build it?

A. If you do the maths, you can buy an awful lot of solar panels for this which now cost less than $1.0 per watt of solar electricity generated! I can take you through the costings step by step as an experienced environmental technology businessman

Q 12. If Germany can opt out of nuclear, why can’t we?

A 1. Germany can rely on the collective will of Europe to defend its economic and social interests, whereas if we go it alone, we may be left with the enormous £78bn bill to find – how would we finance such a sum? Would ‘the few’ be prepared to foot the bill for ‘the many’?!

A 2. What’s sauce for the gander: Germany and Northern Europe generally have a more scientific and technically literate democratic leadership than we do the UK, so I tend to believe them on balance when they say they can manage without nuclear!

A 3. If we left Europe, our Pound will likely plummet internationally and we would then not be able to pay for our escallating nuclear programme! The Chinese would indeed then have us over a barrel! If we vote to stay in Europe, we can hold onto our hard-won right to wield the nuclear deterrent by proxy as currently, thereby helping to retain our global policeman’s role in the World, military intelligence, armed forces, respect from the other super-powers.

Nick

Is the power of the group the only truly influential force out there capable of changing practices ..

or do individuals and their initiatives still count?

Example of an ivory tower

FT Business and Academia interview video

A most revealling interview about how courses struggle to keep-up with the rapidly changing business world

– we thought we’d reciprocate in response to their sharing the contents of our “Merry Christmas from Scrooge” video!

Merry Christmas from Scrooge?

Practitioners to Academia: get real and come down from your ivory towers?

Academia to Practitioners: but we don’t like your methods!

A victim of its’ own success?

To see our input, just google “hive mind financial ecosystems” and then “behavioural economics”

Cottingham.tv’s Editor has been lobbying for such multi-disciplinary changes to bring psychology and other disciplines into economics, goverment and social working practises proposing such multi-disciplinary approaches across IT including “big data” as an afilliate member of the IEEE SSIT group for over a decade now

-having faced brick walls in local and regional academia, business and finance, it’s good to have some vindication!

– even if it seems recognition is as far off as ever .. or is it?

Why does the market obsess about general industrial social and economic trends and processes as a herd, yet ignore individuals and their unique roles in building successful trail-blazing enterprises and initiatives?

The exceptions always seem to disprove the rules or dictats laid down by academia and business practice that may be blinkering graduates

for every conglomerate there is a Steve Jobs or a Mark Zuckerberg who breaks the established mould!

Perhaps what is interesting to note is that business practices evolve over time and that they are fluid and not set in stone.

Nick

 

Europe 2.0: Great Scott!

There are old pilots and there are bold pilots, but there are no old, bold pilots!

And so it is sadly with today’s politicians, their pundits, commentators (and lecturers): – going to begin this lecture by making some bold mission statements, debunking some historicism and rehashing some old  declarations – and support our retailers: –

 

But back to the future:

it was assumed that we would have made great strides discovering the ‘governing dynamics’ of the Scientific Universe at least by now – as in “Back To The Future”: –

Finding the 1.21GW required for fictional time travel by DeLorean – but only just in time!!

Time flies like an arrow ..

The DeLorean time machine’s destination date was set to 21st October 2015 Wednesday last week as Back to the Future Day, a time the scriptwriters predicted when we would have discovered and invented gravity-defying hover-boards and time-defying flux capacitors!

In our parallel future however, the 1.21 gigawatts required to power the famous Flux Capacitor is replaced by 14 TeV at CERN today, as the quest for the ‘governing dynamics’ of the universe  (hence providing us with an understanding of Gravity and Time ultimately) a “Theory of Everything” – which still eludes us.

Flux capacitor

.. but fruit flies like a banana!

‘Back to the future’ in the political democratic arena: –

In the political and democratic arena by comparison, there appears to have been be little or no change in managing basic human nature: 21/10/2015 still retains the undemocratic and dystopian economic and political structures that Biff Tannen and his henchmen inevitably created!

Karl Popper echoed this pessimistic view of utopias in his devastating critique of the use of Historicism in the Social and Political Sciences. If you want to have a deeper understanding of politics and economics, you need philosophy too – as well as an understanding of the economics of supply and demand.

So what are the governing dynamics – of government?

Popper asserted we just don’t know and that government by precedent and historical analysis of its constituent social and human sciences is incomplete i.e.  flawed.

One thing is certain however, the future is not inevitable!

Both unpredictable and unexpected things events may take place in government by politics. “Events, dear boy, events”.

In one mechanistic political future; the inventors get the upper hand with discoveries and hover boards make levitation and flux capacitors make time travel possible. In another predicted informatic or technical metaphor future as predicted here; online democracy becomes ubiquitous through online gaming and creates governmental and electoral reform! Technology can and does inevitably change our methods of working and their governance over time.

The quest for a gravity-levitating machine as a device as a mechanistic invention rather than a scientific discovery has not, as far as the editor knows, produced a sustainable lift system; only brief and small changes in an objects weight over short periods. If such a system were to do so, it would have a profound way in which we govern ourselves!

All rise!

The last time the editor researched “gravity drives” along with “perpetual or practicular motion”  was a over decade ago, so things have developed since rotating pairs of gyroscopes on a balance to measure their weight! Perhaps it is also interesting to note that so keen were the Victorians to invent and patent ‘practicular motion’ devices, the Patent Office actually wrote a clause to refuse their submission!

Europe 2.0

  • Europe 2.0 should and could (therefore) be a region and a zone where individuals, groups and Nation States can experiment creatively with participating democracy, constitutional framing, economics and social groupings – not an over-arching bureaucracy where all practices are locked-down and set in stone!
  • Europe should (following on) be thought of as a collection of dynamically-re-configurable systems rather than static immovable bureaucracies
  • In case you were pondering; – “just in time” governance as in manufacturing is not, repeat not the same as dynamic constitutional framing –but  rather, it forms an important sub-set thereof!
  • Back in the days of the early computer pioneer Ada Lovelace, we had punch cards for ‘batch card processed’ production relating to automating weavers looms. Our democracies have however remained set in stone i.e. ‘batch card processed’. This can be referred to as ‘static constitutional framing’. The result is pre-ordained, bureaucratic, exclusive and inflexible
  • Modern computing comprises real-time user interfaces like Windows. ‘Front end’ user-driven screen processes operate  ‘middleware’ business logic to manipulate ‘back end’ data processes to realize their ‘just in time’ governance in production systems – working in ‘real-time’ as “three-tier systems”
  • Take a moment to consider this: a flexible manufacturing system with its distributed economies of production can be compared with a future Europe with its distributed democracies – as a user-friendly computing machine metaphor.
  • A future Europe can therefore be considered to be an aggregate of dynamic economies and dynamic democratic constitutions with dynamic resource allocation!

 

Europe 2.0: Dynamic Constitutional Framing for Economic Growth: what are the   advantages?

  • Interactive government by eDemocracy as proposed engages electorates through real-time user (hence electorate) participation in online gaming
  • A Europe comprising a collection of dynamically-reconfigurable systems is a Constructionist Europe comprising building blocks, rather like ‘smart social LEGO’
  • Used as an antidote to, rather than a replacement for, elective representative democracy within and between bureaucracies
  • Provides pathways to implementing smarter government aka. electoral reform that will be required to match smarter technology on a country-by-country basis
  • A recipe for economic and social growth
  • Leaving the best until the last: a Super State as so described – namely Europe 2.0 – can maximize the choices available for its ‘end-users’ – namely its electorates – on demand and on an individual by individual basis. The parallel is drawn with modern automobile production where no two cars leaving the production line are necessarily identical as each has been chosen from a wide array of choices available to the individual purchaser: for example body color, engine, model, interior trim and optional extras. No two cars rolling in sequence off the production line are alike.
  • One size no longer has to fit all and we each have the right to govern and be governed by consent as self-determining individuals!

 

Nick @NPRFTEDesign

Scoop! Tax Credits

P.S. Update: for a most recent example, The UK House of Lords exercises ‘dynamic constitutional framing’ to defeat the House of Commons in today’s news!

If you are concerned the reforms will hit you as a carer, we’d like to hear from you!

Posted by admin at June 1, 2015

Category: Economics, Electronic Democracy, Europe, Politics

Please follow link to the presentation:  Hive Mind Financial Ecosystems

Stop Press: 5th. July 2015 Breaking news: Fiona Bruce to host a new TV quiz show called Hive mind!