- The U.S. uses a bit more than 300 barrels of oil to produce one million Euros of gdp, Denmark uses just a bit over 100 barrels.
- Pig blubber is an important medium for heating.
- Energy consumption has held roughly steady for 30 years, even though gdp has doubled.
More US Inflation than Government Data Lets On?
This week’s Up and Down Wall Street looks at a recent analysis out of QB Partners. They are a hedge fund run by Lee Quaintance and Paul Brodsky.
QB put together an analysis of the US dollar, and why its ongoing weakness is both significant and ongoing. In their analysis they see the buck ultimately endingits run as the world’s reserve currency.
The heart of the analysis is the quandry left for the current Fed chairman Ben Bernake by new PIMCO flack and former Fed Chair Alan Greenspan.
Poor Ben is confronted with a long term Hobson’s choice: tighten the monetary and credit screws to bolster the dollar, go the other way — loosen credit and lower rates even further to prop up asset prices. Why is this no choice at all? Because History has taught us the Central Bank will continue to “inflate the money supply and promote more credit, thereby sustaining asset prices at the expense of the purchasing power of the dollar.”
There’s something to this. Grocery shopping recently I noticed that Stonyfield’s yogurts are now .99 each, up from .79 not so long ago. I also noticed that Listerine has shrunk their $6.50ish container, thereby increasing the price. I wonder how solid the Government data is?
House Dems: Broadband isn’t broadband unless it’s 2Mbps
Saying that the FCC “has not kept pace with the times or the technology,” Rep. Ed Markey (D-MA) opened a hearing today into the FCC’s methods for measuring broadband availability in the US. The US lags in speed, availability, and value, said Markey, compared to a country like Japan, where most residents can pay $30 a month for 50Mbps fiber connections to the Internet (which some senators would like to see migrate across the Pacific). But without accurate data on US broadband, neither the government nor private industry will be able to put forward a comprehensive national broadband plan.
Problems with the FCC’s broadband data collection methodology have been well-known for years, and Congress is finally poised to step in and tell the agency how to fix the problem. The Broadband Census of America Act, currently in draft form, asks the FCC to increase its broadband threshold speed from 200Kbps to 2Mbps and to stop claiming that a ZIP code has broadband access if even a single resident in that ZIP code does. It also asks the National Telecommunications and Information Administration to prepare a map for the web that will show all this data in a searchable, consumer-friendly format.
The mood among the members of the House Subcommittee on Telecommunications and the Internet was jovial; Rep. Mike Doyle (D-PA) even opened by asking (in reference to the proposed map), “Why do maps never win at poker?” The answer: “Because they always fold.” Groan.
Why Squatter Cities are a Good Thing
2007 National Design Awards
The National Design Awards were conceived in 1997 by the Smithsonian’s Cooper-Hewitt, National Design Museum to honor the best in American design. First launched at the White House in 2000 as an official project of the White House Millennium Council, the annual Awards program celebrates design in various disciplines as a vital humanistic tool in shaping the world, and seeks to increase national awareness of design by educating the public and promoting excellence, innovation, and lasting achievement. The Awards are truly national in scope–nominations for the 2007 Awards were solicited from a committee of more than 800 leading designers, educators, journalists, cultural figures, and corporate leaders from every state in the nation. Reflecting the ever-growing scope of design, the Awards program has expanded this year to include three new categoriesÑlandscape design, interior design, and design mind-for a total of 10 awards.
Running the Numbers
This new series looks at contemporary American culture through the austere lens of statistics. Each image portrays a specific quantity of something: fifteen million sheets of office paper (five minutes of paper use); 106,000 aluminum cans (thirty seconds of can consumption) and so on. My hope is that images representing these quantities might have a different effect than the raw numbers alone, such as we find daily in articles and books. Statistics can feel abstract and anesthetizing, making it difficult to connect with and make meaning of 3.6 million SUV sales in one year, for example, or 2.3 million Americans in prison, or 426,000 cell phones retired every day. This project visually examines these vast and bizarre measures of our society, in large intricately detailed prints assembled from thousands of smaller photographs.
My only caveat about this series is that the prints must be seen in person to be experienced the way they are intended. As with any large artwork, their scale carries a vital part of their substance which is lost in these little web images. Hopefully the JPEGs displayed here might be enough to arouse your curiosity to attend an exhibition, or to arrange one if you are in a position to do so. The series is still in its early stages, and new images will be posted as they are completed, so please stay tuned.
Career Guidance for This Century
Guy Kawasaki interviews new Madison resident Penelope Trunk:
Question: Will getting an MBA or any other type of advanced degree be a good use of time and money since I can’t find a job?
Answer: No. If you can’t find a job, then you should invest in something like better grooming, or a better resume, or a coach for poor social skills. These are the things that keep people from getting jobs. Instead of running back to school, figure out why you can’t get a job, because maybe it’s something that a degree can’t overcome.
Grad school generally makes you less employable, not more employable. For example, people who get a graduate degree in the humanities would have had a better chance of surviving the Titanic than getting a tenured teaching job.
The Apollo Prophecies
The Apollo Prophecies: Overview: The Apollo Prophecies Project has been in development and production since 2002, when it was started at Toni Morrison’s Atelier Program at Princeton University. Working with 15 students, Kahn/Selesnick built three major sculptural and architectural installation pieces, The Mind Rocket, Lunar Explorer and the Moon Cabinet. A revelatory text was created in collaboration with a brilliant physics graduate student, Erez Lieberman. This text was altered by Kahn/Selesnick so that American and Russian Astronauts involved in the 1960’s-70’s Aquarian lunar expeditions became Gods for the Edwardian expedition members who were waiting for them in their Mind Rocket. Initial props and costumes were drawn and created.
More in this video.
Clues About the Future of TV
A recent article chronicles the telcos’ slow start in cable TV. I don’t think the telcos stand a chance of succeeding in cable TV. Instead, if they’re to succeed at all, they’ll probably buy or form alliances with existing cablecos. (Dale Hatfield put it most memorably when he said, “Duopoly is an optimistic assumption.”) But they’d better start swimming, because the times are a changing; I think four things will make the video entertainment space different in the near future: new devices, RSS, faster than real-time downloads and the end of the Kontent Kartel. Here’s an article I wrote last year for VON Magazine about that:
Informative, particularly in light of AT&T’s extensive lobbying to supply “tv” across their old Wisconsin copper network….
NY Times Announces that it will mine web customers’ data
In fact, some people at the paper’s annual stockholders meeting in the New Amsterdam Theatre exchanged confused looks when Janet Robinson, the company’s president and CEO, uttered the phrase “data mining.” Wasn’t that the nefarious, 21st-century sort of snooping that the National Security Agency was doing without warrants on American citizens? Wasn’t that the whole subject of the prizewinning work in December 2005 by Times reporters Eric Lichtblau and James Risen?
And hadn’t the company’s chairman and publisher, Pinch Sulzberger, already trotted out Pulitzers earlier in the program?
Yes, yes, and yes. But Robinson was talking about money this time. Data mining, she told the crowd, would be used “to determine hidden patterns of uses to our website.” This was just one of the many futuristic projects in the works by the newspaper company’s research and development department. Heck, she added, the R&D department, when it was founded several years back, was “a concept unique in the industry.”
These days, of course, all media outlets—not just the Times—are trying to bulk up their online presence, and many are desperately attempting to learn more about their readers’ habits and then target ads to them. The old-line newspaper companies in particular are under immense pressure to figure out how to make double-digit leaps in profits annually—something they didn’t have to worry about doing before websites spirited away huge chunks of newspapers’ classified advertisers.
Not that anyone would confuse an old-line media company like the Times with a modern data expert like Google, but Sulzberger himself made kind of a comparison earlier in the stockholders’ meeting. Morgan Stanley and other investors have ragged on the Times for having a two-tiered stock structure that protects the powerful voting shares from falling into the “wrong” hands. Sulzberger reminded the crowd that Google stock, that most coveted of Wall Street delicacies, also comes in two tiers.