Saturday, April 8, 2023

The Importance of System Integrity: Serving the Greater Purpose of American Society

First, I have to start with a few comments on what many people feel about system integrity. "Blah, blah, blah". While I take system integrity as the key to effective and efficient governance of systems there is a percentage of those who feel that as long as they benefit from a lack of system integrity there is unlikely to be any meaningful reform. The need to be more competitive and need to bring to full performance the 60% of society that has been marginalized seems to not be of any real concern. 

Even mentioning that being haphazard in our responsibilities, oaths, and principles of good governance has short, mid and long term consequences seems to get more rolling of eyes. The science means little but the politics mean much. The proof in pudding test seems to sort of highlight the differences between those who want to build a great nation and those who want to maintain the status quo. 

There will of course be change but it will be because the general population knows that we need these changes and perhaps begins to create pressure on these institutions to start adjusting toward a more healthy end. They will want a level of integrity to ensure that people are being treated fairly and seen as part of the very same society. That is a hard sell to some and often results in all types of retaliatory actions that not only smacks the face of liberty but also puts those who seek the betterment of society at a disadvantage. 

The sad aspect of this is that while we know human capital development is the one primary way that will make our society competitive again it is also the one thing that a certain segment will avoid at all costs.  The misapplication of law is often tool to enforced distorted values. 

Our only job is to remind them that they have obligations to serve this nation and it moves beyond their specific racial, religious or political perspective. Failure to manage for all of us means we all suffer and that includes the next generation. They will likely roll their eyes again and go back to long patterned behaviors. It is what it is! As a half citizen I will continue to push for a universal and competitive nation. Liberty is an uphill conversation when ethnocentrism is the primary driver of hate. This is where you roll your eyes and we wait to see if society will begin to increase the pressure to fix what many believe is unamerican and at times criminal in origin. 

I believe in freedom of speech and freedom of religion as Constitutional necessities. At least that is where my oaths and heart lay. Not sure about everyone else....

Let us turn the page in national development. I say that as a light R.......

*Appears there was another incident of following and targeting today around 4:30ish between Marquette and Escanaba. I have already may an FBI civil rights complaint and will do so again each time these incidents occur. There could be many interpretations when these things happens but considering the history of targeting and local extremism within some coordinated units it appears that it is worth reporting. Just to be on the safe side because if so it would be very if they have acted this way with others. I will continue to be polite and engaging and encourage more focus on our essential American values. That also include serving my community and treating the officers, of which the vast majority are good people, with the respect they deserve. However, bad apples are bad apples and should be removed and if necessary prosecuted. The violations that occur when we do these things strike at the essential values of who we are as a nation. We cant get around our American principles. Extremism has no place within law enforcement or in our country. It means that the system has lost control of these officers. I will consider putting in a complaint to Homeland Securityas well. Just in case I'm correct and this is related to prior incidents.  

Friday, April 7, 2023

US Data Show Inflation is Slowing: Mixed Signals on Recession

Inflation has been nipping at our heals and pushing the economy in a way in which prices are rising and lowering the value of our paychecks. (Here is IMF's discussion Calculating Inflation.) There are some signs that inflation is slowing and that could be beneficial. Furthermore, there is some whispering that a recession may not be a sure thing but the chances of it going either way are high. (Academics and forecasters often use complex calculations but sometimes it comes down to "I don't know". Become familiar with ambiguity in the modern global business world.). No one is really sure because the data seems all mixed up. I think this is what is sort of stumping our economists right now.

(I'm stumped on what all the numbers mean but I do believe in paying attention and trying to figure it out. Likewise, it is possible we are starting to shift into a digital platform transition were a few weird market ripples are going to occur but in general we should have upward trend lines of growth. Up a little here, down a little there, but in general upward trajectory. I'm sure there are going to be bumps along the way. Current international conflicts were really unexpected so that is also going to create a few ripples in the market and push supply chains to adjust with some market quirkiness.)  

The U.S. Bureau of Labor Statistics just released their April 7th, 2023 Report. You can read that in BLS April 7th, 2023 Press Release

-Employment continued to trend up in leisure and hospitality, government, professional and business services, and health care.

-Raise interest rate to slow the economy.

-Working hours declining. 

-Analysts are unsure if recession is coming.

-Job losses Manufacturing and Construction. (I wonder why? I have a couple of ideas but not sure. Someone will say at some point so let us just stay in touch with the market.)

-5 per cent to 5.25 per is expected to be the peak while we are at 4.75 per cent to 5 per cent benchmarked.

You may want to read an article by Financial Times 'US data raises hopes Fed’s efforts to curb inflation are working' (You should check out their cool interactive chart. I looked up mining and logging because of the Upper Peninsula of MI and you can find its on the increase. Manufacturing is also rising but is tapering for the moment. It might be temporary.)

Thursday, April 6, 2023

Recession in 2023: IMF Managing Director Kristalina Georgieva Discusses Global Economy

IMF Managing Director Kristalina Georgieva says seriously only 3% growth over the next 5 years!! (Yikes...we can do better than that on this side of the globe. That really kind of stinks!) She indicates that most of the growth is going to be experienced in developing countries. However, I don't believe people should discount the U.S. because there are going to be some changes that will likely impact how competitive the U.S. becomes over the next 5 years. New things are coming online soon and prior projects will kick in at the end of the year. At least that is what I think at the moment. Ask me tomorrow and I might give you a different answer. The crystal ball economic projection will be the 2023/24 transition.

 (Meaning maybe that is when we see new economic activity. Maybe not. I think some of the projections are against that. I think it could be a result of changes in business models started during COVID, new infrastructure, adjustments in global supply chains, and new shared national competitive strategies at home. That might match with new technologies that boost labor productivity. I could be just as much wrong as correct. It is what it is so we just sort of stick our finger in the air and see which way the wind is blowing sometimes. All of the complex models seem to come down to some guess work based on what data they are looking at and the data they are ignoring.).

While we Americans love to argue about everything, we are becoming increasingly aware of the need to start looking over the horizon and resolving some of our differences. There is growing bi-partisan interest in becoming competitive and I think we are increasingly unified in perspective (Kind of looks that way to me I think. πŸ€”). 

For me, I think of it as....

1. Infrastructure: i.e. root transactions in my transactional theory. Things like rail, Internet, energy, etc.

2. Innovation/Technology: Creating the legal and political framework that allows for advanced innovative development by aligning our education and our businesses to reward broad based innovative adaptations.

3. Human Capital: Ok....we are starting to understand some of the basics here. C+ but I think we turned a corner in the past few years.  Social, legal, opportunity, education, etc... Let us see what happens. Fingers crossed. 🀞

-Managing Director Kristalina Georgieva talks about low productivity. I agree. The U.S. could use improvement in human capital along with new technology to push upward.

-She mentions fraying supply chains between Washington and Beijing. Data Supply Chain.

-Discussion on Trump Tariffs. 

-Discussion on China commitment to world economy.

-Geopolitical tensions contribute to slow growth.

Wednesday, April 5, 2023

Private Payrolls Increased 145K Lower Than Expectations and Pay Up 6.9% Per ADP

Bridge Near Marquette MI.
The economy is doing something interesting and added fewer jobs than expected. Mining, leisure, construction and trade were up while manufacturing, financial and professional services were down. Not sure what it all means but I would say pay outstripping inflation is good. However, it should rise faster than that if we are going to make headway on income disparity. 

Likewise, I think the basics for infrastructure and future manufacturing are improving. I wonder if at some point we find manufacturing increase toward the end of the year.  Sometimes it takes time to see what happens throughout the supply chain. 

You may be interested in reading ADP's March, 2023 Press Release on Jobs and Pay

Pay is up 6.9% Inflation 6.4%

Biggest Winners: 

-Mining Up

-Leisure

-Construction

-Trade

Biggest Losers:

-Financial Services

-Professional Services

-Manufacture

-Midwest Gains 132K the South lost 228K. 

A Discussion on American Values: Universal Application of Philosophical Symbolic Artifacts

We discuss a lot about economics, life, research, investment, national development, art, science, community and much more. What we don't often talk about are about those values the move to define we are as a people and as a nation. The values we share across different groups within societies and the values we share that hold our society together under certain common principles of a shared destiny. These values are based in our very basic human needs as fulfilled through our collective societal goals. They are built and rooted into our social contracts such as the Constitution and furthered in our oaths and pledges.

Signing of the Constitution
Howard Chandler Christy 1940

While individualized values may be different, the essential roots of our collective values are more universal. It means we can go to any culture and find something very similar in a way that would reverberate with our American values. One would not be aware of those similarities unless they have the personality and open mindedness to see people of equal status *****. We can't see the essential logic of another's culture until we see them as valuable and worthy to learn from (You have to listen to what their goals, dreams and hopes are. America has a place in inspiring that collective goal achievement.).

Philosophy is the search for essential truths and that relates to our root values. This is one reason why I believe in universalization of our core value systems in a modern and global world as a way to solve some cultural transition issues. The American conception of some of these truths are codified in our Constitution based not only on the struggles of the people then but those struggles that carry forward today. They have resonance if upheld with integrity and with a bigger picture in mind (Defined as upright and whole or undivided. See integrity definition. You will also notice in the Constitution there is a lot of discussion on rights.).

Freedom of Speech and Freedom of Religion

For example, Freedom of Speech and Freedom of Religion are two constitutional protections in which all other laws should fall into alignment. Where they do not, it means we have a level of misalignment that turns into societal rubbing as lower and higher truths compete for dominance. The higher truths often being more accurate and more common among people. Without these essential freedoms will be subject to decline as a nation through lack feedback for improvement and/or not anchoring in deeper moral purpose (i.e. the moral roots of laws through ethics and values.)

Let us also consider concepts stated and professed in our oaths such as the Oath of Allegiance and our pledges such as Pledge of Allegiance. Both of these state very similar things and are the action that supports the Constitution as a shared governance principles. We make oaths and pledges to Our American Principles that have transcended and been passed on by generation to generation in symbolic forms such as  (i.e. the Torch of Liberty, Flag, Drummers, and Bugle). We do so because of their essential truths the resonate with each generation. This is why leadership is more or less about influencing people to loftier goals in alignment with truer values.

The Genius of the Constitutional Crafter

Those high level hierarchical truths of speech and religion are codified in the Constitution. What many do not know is that the primary crafter of the James Madison was a gifted genius with all of the eccentric characteristics that come with advanced thought and skills. That in turn creates a way of looking at the world that were inherent in his psychological and biological make up that might be difficult for others to understand (Each will understand a little differently. The elemental way in which he formed his perspective and how he connected them together is important.).***  The American system is a formal logic system based on a philosophical and historical understanding of freedom that goes all the way back in history to before modern society and the beginning of written form. It is not the only system but it is the system we adhere to within the U.S. and it transcends different cultures. It is also kind of a geo-logic/ethical system that can increasingly be broken down elementally with the development of society. *. 

The Logic of American Values

Just like in Ethica Ordine Geometrico Demonstrata our Constitution is a geo-logic/ethical system that can be broken into universal elements that can be represented cross culturally. From a sociological perspective societies share interconnect characteristics that make them one people. (The beauty of people who can think beyond close similarity and into the shared value of life. This is partly why James Madison pushed for liberty. Gifted people can see the similarities and values in people. They know the large system must accept fluidity and difference) This is why I believe that the next stage of our development is universalization of all entities and systems to maximize human capital in conjunction with other deeper innovative platform changes.** 

Big Data will likely push us to recognize things we did not recognize before and that will in turn push us to adapt/twist toward a higher form of truth. We will do that because that which we cannot see will be brought before us in a way that is supported by science and not backed by subjective values or subjective application of the laws that represent those values (Truth transcends politics. If functional and healthy political discussion can eventually lead to a generation's "truth".). New feedback loops and ways of looking at problems is a good thing that allows us to keep the torch bright through helpful discussion and relevant for the next generation. Our democracy can adjust because it shares elemental truths with each generation who can define that democracy in a line with generation-to-generation understandings. Feedback pushes the system to change in alignment with better definitions of truth. (In other words, because it is designed as representative and inherently bottom up it can push the decision makers of society to adjust toward higher societal needs.)

We are at this place in society and history where the great winds of change will push us to think again about our national development. We have some work to do. That includes ensuring that each institution is aligned with our great principles from an elemental perspective (All the way down to the human-to-human interaction). It is a time when each leader, politician, and common man/woman should consider the greater purpose of our nation and its value systems so as to push the system upward in a way that appeals to the inner power of our youth of diverse perspective and background in meaningful constructive work (i.e. finding the youths cultural logic and connecting that better to the bigger purpose as codified in our Constitution and representative form of a democratic republic.)  At this juncture in history we should seek to maximize our human capital through realized and enacted shared American principles as the law of the land.

The advice nearest to my heart and deepest in my convictions is that the Union of the States be cherished and perpetuated.” 

James Madison the Fourth U.S. President 

** Benedict de Spinoza used the philosophical methods of ethics, metaphysics, and epistemology to create a truth in thought. i.e. the universal is rational with principles/elements. These schools of philosophy tell us 1. truth in reality, 2. origins/nature 3. moral conscious/ethics. )

* Philosophical science is often mathematical in orientation such as Euclid Elements and Euclidean thought. All logical philosophical systems can be broken down into elements and when they work together they create a system. Its beauty is in its adaptability and as long as people believe in its essential shared "truths"/"perception of reality" and  the liberty bell will continue to ring over the land. 

***Genius is a complex thing. They think in finiteness and abstraction at the same time. There has been a strong relation between genius use of mathematics to break down and understand/analyze logic. Math-Logic connection. A level of depth that sometimes can run deeper than others to the things under things that make stuff work. The gifted curse to search for novelty and newness in an ever present need to understand "why?" that makes them unique and also swimming against the current in society. MD Traits of GeniusGenius LevelsGardner Multiple Intelligences.

****Where there are elements in systems that are not in connection with our bigger purpose then we must make changes (i.e. enhancing our diverse youth). We have recently become aware of this problem and I believe we are again aligning our elements to the bigger purpose that transcends generations. Just like science, each law (and its shadow application) become a more elemental measurement of the success of the greater whole. Where something is not in alignment we must adjust to ensure full competitiveness. I believe we are on that path now. We may very well be one of the first nations to adjust to a more global perspective of our essential shared democratic perspectives. 

***** This blog is designed to help people think. "cogito, ergo sum"  Rene Descartes the philosopher, scientist and mathematician. You may read more about him and his atomistic philosophies of society It is not definitive answer. Its just food for thought. Feel free to click off. The sad reality is that even though we should be inclusive as a society we are not and that is causing us all types of issues. While I think we will eventually become more enlightened in how we treat people, often people sort of roll their eyes and go back into the same patterns. Yet, on an elemental level developing our Human Capital through fairness of treatment will make all the difference in the future. I think we have a hard time seeing that in our current political and legal environment. 

Monday, April 3, 2023

Invest in America: Biden Discusses Economy in Minneapolis

According to the speech there is increase in major investments throughout the country and there is also some development of our supply chain. The development will be sustained year after year with constant rejuvenation of business. Innovation can be increased through small business start-ups. Sometimes this can be organic through the funneling of proper resources on top of the right creative infrastructure (i.e. Internet). Other times it can be done incentivizing. Sometimes you need both. It is more about understanding the environment and then finding a way to generate pro-profit and pro-goal transactions at either the corporate or the small business level.

According to the study below I looked at, it is possible to use government-private investor strategies to generate more innovation and grass root organizations. In the example provided in the study there is 50% Govt. Funding and 50% Private Investor Funding.  Spend a moment and read (ok just look at the conclusion if its a little long. I often just skim and then look at the conclusion. If the juice is worth the squeeze you go back and read it in depth. The difference between PhD and DBA is one is more theory and one is more applied theory. We can do their stuff and they can do ours but we sort of specialize.) ....

THE DANCE BETWEEN GOVERNMENT AND PRIVATE INVESTORS: PUBLIC ENTREPRENEURIAL FINANCE AROUND THE GLOBE

The study helps us see that successful government-industry partnerships occur when 1.) govt. is seen as effective, 2.) more effective at earlier stages. i.e. start-ups, and 3.) where private venture is more developed. This is a formula in the study I was sort of picking at to understand. I guess its an innovation formula based on 4 different patent measurements. 

Also some stuff on controls for population, per capital GDP and lagged venture capital activity. It is in mathematician language which takes me a minute to decipher so don't blame me. While I can do some of this stuff, some do it all the time with the snap of their finger. Me, I have to kind of get into it to understand each of the components to the formula and how they twist/adjust data to a useful number for decision making and benchmarking (Its too late to do this stuff right now. It would take me like 2 hours to sort of understand all the formulas in the study I think.).

πΌπ‘›π‘›π‘œπ‘£π‘Žπ‘‘π‘–π‘œπ‘›π‘,𝑑 = 𝛼𝑐 + 𝛼𝑑 + 𝛽 × π‘ƒπ‘‚π‘†π‘‡π‘,𝑑 + 𝛾 × π‘‹π‘,𝑑 + E𝑐,t

A couple key things:

-Chips and Science Act

-American Rescue Plan

-Bipartisan Infrastructure 

-Inflation Reduction Act

-New Jobs and New Manufacturing Jobs

-$435 Billion dollars in investment in the past couple of years. 

-Clean Great Lakes (We need to do this for long term health.)

-New EV Stations

-Cummins 

-Hydrogen 

-Manufacturing Capital

-Supply Chain

-Union jobs, competitive workforce. 

-Farm bill and clean every technology (Might be a type of fusion because that is pretty cutting edge stuff right now. Probably Fusion Energy).

-$1 Billion and water clean. 

-Something about paying for this. This is the 15% tax on corporations.

-Discussion on deficit (I don't get into this stuff because everyone gets excited. I just want to understand the economics on things. )

-Investments in research (I think this is where private and public investment in research pools might be helpful.) 

Research on Why People Choose to Cooperate: The Social and Economic Implications

'Social cues to joint actions:
the role of shared goals'
Every society is managed and run by unwritten norms and rules. That is true whether we are consciously aware of them or not. People believe in these unwritten rules because it is what keeps society moving to higher and higher levels of development. This is one of the primary reasons why people are also in general polite, why we follow laws, and why we in general live toward positive healthy goals. 

Not everyone believes in those shared values. Sometimes it is due to misunderstanding and sometimes it is due to erroneous beliefs. This is becoming increasingly more important as we become a diverse society with different types of people. Our shared American values should help guide us to higher levels of development. 

Why does cooperative behavior lead to better societies?

We all must work together to achieve our goals. This is somewhat the same argument on human capital development and how our universal shared values prompt people to be engage in society and contribute in helpful ways. Sometimes there are mixed signals that limit our potential because it creates different rules for different people. 

Working together to me means that we believe in our shared vision for society and we support that as a people through word and deed. We make pledges to our society, and then we must encourage those values in our environment from an organic level, and encourage others to adopt those values. 

When values (people or groups) are not prosocial, then such values (people or groups) need to change so as to have healthy influence. On a very socio-bio level it is up to society to create social and institutional pressure to ensure anti-social elements not working in the best interest of society come into line with helpful behaviors.  

Key points: Societies that share certain values will have higher prosocial behaviors of cooperation. They will also likely be more adaptable and capable of funneling resources to the shared goals.

Possible Benefit to Economics: Since economics is a measure of human behavior our cooperative level would have a big influence on a micro (and then macro) level by encouraging more interaction among different societal demographics in a way that leads to higher long term economic growth. 

I love sociology and philosophy and have since I was a kid so with education we can balance philosophy and science as co methods of analysis and awareness........

Why People Choose to Cooperate, According to Behavioral Science