Math and π; computer manufacturing construction; soft landing hopes; human cognition; the Terra-Luna collapse; fake Republican proposals for the long-run budget...
Regarding occupied Emily Stewart's piece:. My grandson's job market experience is quite consistent with the rosy picture of the economy. He is a recent high school graduate, working and attending school part time. Since graduation , he has had for jobs. Two he departed in short order. One he still occupies. The other job he left to relocate. This pattern was common in the 1960s. Job-hopping, even from city to city. Jobs were assumed available. We're not quite back to the Sixties, but I have hope that music will get better.
Re the opening of the video, W. W. Rouse Ball records it as follows.
"De Morgan was explaining to an actuary what was the chance that a certain proportion of some group of people would at the end of a given time be alive; and quoted the actuarial formula, involving p [pi], which, in answer to a question, he explained stood for the ratio of the circumference of a circle to its diameter. His acquaintance, who had so far listened to the explanation with interest, interrupted him and exclaimed, 'My dear friend, that must be a delusion, what can a circle have to do with the number of people alive at a given time?'"
Why did the Industrial Revolution take place in Europe, but did not in India or China? This paper uses a novel dataset and builds a general model to study the economic transformations of the Late Middle Ages that led to the Industrial Revolution and the Great Divergence. Through modern econometric techniques, I exploit the Mongol Invasions of the 13th century to account for the role of violence, commerce, and technology in the structural transformations of Eurasia from the Middle Ages into the Modern Era. I show theoretically and verify empirically how the large-scale violence and new trade opportunities brought by the Mongol Empire allowed Western Europe to catch up and surpass the levels of income and technical capacity of the great Asian civilizations. Furthermore, I found that the impact of the Mongol Conquests persisted and deepened at least into the 19th century. The Mongol Invasions of the 13th century can be regarded as a fundamental cause of the Rise of Europe and the Decline of Asia. Moreover, the rise and fall of the Mongol Empire is a key event in understanding the transition from a Malthusian world into a world of sustained economic growth and inter-regional inequality.
Regarding occupied Emily Stewart's piece:. My grandson's job market experience is quite consistent with the rosy picture of the economy. He is a recent high school graduate, working and attending school part time. Since graduation , he has had for jobs. Two he departed in short order. One he still occupies. The other job he left to relocate. This pattern was common in the 1960s. Job-hopping, even from city to city. Jobs were assumed available. We're not quite back to the Sixties, but I have hope that music will get better.
Re the opening of the video, W. W. Rouse Ball records it as follows.
"De Morgan was explaining to an actuary what was the chance that a certain proportion of some group of people would at the end of a given time be alive; and quoted the actuarial formula, involving p [pi], which, in answer to a question, he explained stood for the ratio of the circumference of a circle to its diameter. His acquaintance, who had so far listened to the explanation with interest, interrupted him and exclaimed, 'My dear friend, that must be a delusion, what can a circle have to do with the number of people alive at a given time?'"
Maybe this is well know, but re: Masoud Saatsaz & Abolfazl Rezaei
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4277788&dgcid=ejournal_htmlemail_universidad%3Ade%3Alos%3Aandes%3Adepartment%3Aof%3Aeconomics%3Aresearch%3Apaper%3Aseries_abstractlink
"Horsemen of the Apocalypse: The Mongol Empire and the Great Divergence"
Documento CEDE No. 43
RAFAEL TORRES GAVIRIA, Universidad de los Andes, Colombia - Department of Economics
Email: rf.torres@uniandes.edu.co
Why did the Industrial Revolution take place in Europe, but did not in India or China? This paper uses a novel dataset and builds a general model to study the economic transformations of the Late Middle Ages that led to the Industrial Revolution and the Great Divergence. Through modern econometric techniques, I exploit the Mongol Invasions of the 13th century to account for the role of violence, commerce, and technology in the structural transformations of Eurasia from the Middle Ages into the Modern Era. I show theoretically and verify empirically how the large-scale violence and new trade opportunities brought by the Mongol Empire allowed Western Europe to catch up and surpass the levels of income and technical capacity of the great Asian civilizations. Furthermore, I found that the impact of the Mongol Conquests persisted and deepened at least into the 19th century. The Mongol Invasions of the 13th century can be regarded as a fundamental cause of the Rise of Europe and the Decline of Asia. Moreover, the rise and fall of the Mongol Empire is a key event in understanding the transition from a Malthusian world into a world of sustained economic growth and inter-regional inequality.