an exercise in miscellany

Posts Tagged ‘financial’

Value of Life

In wild card, words & phrases on August 17, 2013 at 2:21 pm

Cost_Value_MatrixIn industrial nations, the justice system considers a human life “priceless”, thus making illegal any form of slavery; i.e., humans cannot be bought for any price. However, with a limited supply of resources or infrastructural capital (e.g. ambulances), or skill at hand, it is impossible to save every life, so some trade-off must be made. Also, this argumentation neglects the statistical context of the term. It is not commonly attached to lives of individuals or used to compare the value of one person’s life relative to another person’s. It is mainly used in circumstances of saving lives as opposed to taking lives or “producing” lives.

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Artificial Scarcity

In wild card, words & phrases on June 2, 2012 at 6:45 am

Artificial scarcity describes the scarcity of items even though the technology and production capacity exists to create an abundance. The term is aptly applied to non-rival resources, i.e. those that do not diminish due to one person’s use, although there are other resources which could be categorized as artificially scarce. The most common causes are monopoly pricing structures, such as those enabled by intellectual property rights or by high fixed costs in a particular marketplace. The inefficiency associated with artificial scarcity is formally known as a deadweight loss.

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Invisible Hand

In money, words & phrases on August 6, 2011 at 7:40 am

In economics, the invisible hand, also known as invisible hand of the market, is the term economists use to describe the self-regulating nature of the marketplace. This is a metaphor first coined by the economist Adam Smith in The Theory of Moral Sentiments, and used a total of three times in his writings. For Smith, the invisible hand was created by the conjunction of the forces of self-interest, competition, and supply and demand, which he noted as being capable of allocating resources in society. This is the founding justification for the Austrian laissez-faire economic philosophy

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In science & nature on May 1, 2011 at 7:18 am

Permaculture is an approach to designing human settlements and agricultural systems that are modeled on the relationships found in natural ecologies. Permaculture is sustainable land use design. This is based on ecological and biological principles, often using patterns that occur in nature to maximize effect and minimize work. Permaculture aims to create stable, productive systems that provide for human needs, harmoniously integrating the land with its inhabitants. The ecological processes of plants, animals, their nutrient cycles, climatic factors and weather cycles are all part of the picture. Inhabitants’ needs are provided for using proven technologies for food, energy, shelter and infrastructure. Elements in a system are viewed in relationship to other elements, where the outputs of one element become the inputs of another. Within a Permaculture system, work is minimized, “wastes” become resources, productivity and yields increase, and environments are restored. Permaculture principles can be applied to any environment, at any scale from dense urban settlements to individual homes, from farms to entire regions.

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Fibonacci numbers

In money, technology & innovatons on April 22, 2011 at 12:54 pm

In mathematics, the Fibonacci numbers are the numbers in the following integer sequence: 0,\;1,\;1,\;2,\;3,\;5,\;8,\;13,\;21,\;34,\;55,\;89,\;144,\; \ldots\;
The Fibonacci sequence is named after Leonardo of Pisa, who was known as Fibonacci. Fibonacci’s 1202 book Liber Abaci introduced the sequence to Western European mathematics, although the sequence had been described earlier in Indian mathematics.
Fibonacci numbers are used in the analysis of financial markets, in strategies such as Fibonacci retracement, and are used in computer algorithms such as the Fibonacci search technique and the Fibonacci heap data structure. The simple recursion of Fibonacci numbers has also inspired a family of recursive graphs called Fibonacci cubes for interconnecting parallel and distributed systems. They also appear in biological settings,such as branching in trees, arrangement of leaves on a stem, the fruit spouts of a pineapple,the flowering of artichoke, an uncurling fern and the arrangement of a pine cone.

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Corporation Nation

In Documentaries on January 15, 2011 at 10:22 pm

An in depth look at the Comprehensive Annual Financial Report (CAFR) that all governments (corporations) must file under federal law. This is an audit of our government!…

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Here Clint Richardson the creator of  Corporation Nation interviewed by Jan Irvin of Gnostic Media

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Ring of Power – World Superstate

In Documentaries on November 11, 2010 at 9:52 am

City of London + City of Vatican + City of Columbia are the 3 independent states within states which compose the empire of the city. The first is financial control over earths economy, the second is religious control over the earth… and the third one is military control. Together they make the very unholy trinity which forms the Egyptian pyramid that we can see on the back of the privately owned federal reserve note that is used as Americas dollar to maintain the colony in debt and under the Queen. Many people realize that this mystifying situation, in which an alleged democratic (yet should operate as a Republic) and self-governing nation is actually controlled against the will of the people, is a clear indication that there must be a very powerful and well-financed occult organization which plans and directs world affairs, and for lack of a more specific identification the suspected secret organization is popularly referred to as the International Financiers, Banksters cartel or “The Crown Corporation”