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Daily Digest 8/8 - The Quitting Economy, Have Smartphones Destroyed A Generation?

Tuesday, August 8, 2017, 10:43 AM

Economy

Have Smartphones Destroyed A Generation? (David H.)

I’ve been researching generational differences for 25 years, starting when I was a 22-year-old doctoral student in psychology. Typically, the characteristics that come to define a generation appear gradually, and along a continuum. Beliefs and behaviors that were already rising simply continue to do so. Millennials, for instance, are a highly individualistic generation, but individualism had been increasing since the Baby Boomers turned on, tuned in, and dropped out. I had grown accustomed to line graphs of trends that looked like modest hills and valleys. Then I began studying Athena’s generation.

Around 2012, I noticed abrupt shifts in teen behaviors and emotional states. The gentle slopes of the line graphs became steep mountains and sheer cliffs, and many of the distinctive characteristics of the Millennial generation began to disappear. In all my analyses of generational data—some reaching back to the 1930s—I had never seen anything like it.

The Soft Control Human Hack of the Private Market Rise of “Chip Culture” (thc0655)

Social conformity is a powerful influencer. It is so powerful that even if an act, like standing up at the sound of a tone, gives no understood benefit, might even seem nonsensical, if enough people around you are doing it, you are highly likely to do it as well.

Stay with the thoughts presented above as I cover a news item that many of you may have already heard of. This is a story about microchipping humans, but it’s being done by a private company.

The Quitting Economy (jdargis)

The change that saw business writers, career counsellors and others adopting the view that individual employees, or potential employees, should think of themselves as businesses occurred at the same time that the way the value of a company was assessed also changed. Not so long ago, business people thought that companies provided a wide variety of benefits to a large number of constituents – to upper management, to employees, to the local community, as well as to shareholders. Many of these benefits were long-term.

How U.S.- Chinese Tensions Could Impact Energy Policy (Michael K.)

In late 2014 after meeting with President Obama, President Xi Jinping committed his country for the first time ever to curbing greenhouse gas output by 2030 and reducing it thereafter. That would include bringing in renewable energy for electricity and increasing the number of “new energy vehicles” — primarily electric vehicles — making it to China’s roads.

The Chinese government has also been very concerned about reducing the amount of oil it has to import from OPEC and other foreign markets.

The Cost Of Light Through The Ages (Douglas L.)

You can also put this into relation with the amount of time that an average worker needed to labor during different ages in order to earn enough for the 100 watt bulb to glow for an hour - just like the economist William Nordhaus has done in one of his classic essays.

The people of Babylon, in 1750 B.C., who used sesame oil to light the lamps, had to work for 400 hours to produce the said amount of light.

Trump White House Says U.S. Will Join Climate Talks, Despite Leaving Paris Deal (jdargis)

“As the President indicated in his June 1 announcement and subsequently, he is open to re-engaging in the Paris Agreement if the US can identify terms that are more favorable to the United States, its businesses, its workers, its people, and its taxpayers,” the letter from the State Department said. The Paris Agreement is nonbinding, and the U.S. can alter its own carbon-emissions targets at will. So Trump can identify “terms that are more favorable” to the United States whenever he wants to. And that option, apparently, remains on the table.

Nations Will Start Talks to Protect Fish of the High Seas (jdargis)

Lofty ambitions, though, are likely to collide with hard-knuckled diplomatic bargaining. Some countries resist the creation of a new governing body to regulate the high seas, arguing that existing regional organizations and rules are sufficient. The commercial interests are powerful. Russian and Norwegian vessels go to the high seas for krill fishing; Japanese and Chinese vessels go there for tuna. India and China are exploring the seabed in international waters for valuable minerals. Many countries are loath to adopt new rules that would constrain them.

Gold & Silver

Click to read the PM Daily Market Commentary: 8/7/17

Provided daily by the Peak Prosperity Gold & Silver Group

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3 Comments

KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
Joined: Jan 2 2010
Posts: 1409
Recovery of a Dog

This is a real story.   A former colleague of mine has a dog (but overseen by his former wife) that ingested something 5 years ago or so that took his health.   Steroid shots etc.   I had bought non-grain organic dog food for this dog but the former wife refused to feed it to the dog for months.  The dog was on its last leg and daughter put the organic food in the bowl and the dog started to wag its tail!  (hadn't done that in months).   I am happy to say the dog is recovering on organic non-grain food. Gained its weight back and wants to get outside.   What more do we need to know about the crappy food stuffs most eat???

KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
Joined: Jan 2 2010
Posts: 1409
Re: Have Smartphones Destroyed A Generation?

Virtual keyboards are negative for the brain.   Always use a computer with keyboard to prevent more damage.

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 3984
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