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Memes in the Watson category “/finance/bank”

1–11 of 11

All the Ways of Intuiting 1729

Stanislas Dehaene brings up the Ramanujan-G.H.Hardy anecdote concerning the number 1729. The idea of running through the cubes of all integers from 1 to 12 in order to arrive at Ramanujan's spontaneous recognition of 1729 as the smallest positive integer that can be written in two distinct ways as the sum of two…

World-Building Questions

1. BASIC INFRASTRUCTURE There can be no human (or alien) civilization or settlement without plumbing, energy supply, or waste disposal. So you need to spend at least a little bit figuring out how all of this worksunderneath your story’s setting. How do your characters eat? How do they transport and store food? How is…

getting water from air

in 2011 an Australian inventor won the James Dyson Award for a device that cools the air using underground coils, so you only need enough energy to pump the air down a pipe. Another low energy technique is that used in the Atacama Desert in Chile, and is basically just a piece of mesh strung between two poles, with a…

Knowledge Grows Faster Than Compound Interest

Remember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks its…

Fossil Fuels are Humanity's "Starter"

Now we have comprehended and peeled off the layers of petals which disclosed not only that physical energy is conserved but also that it is ever increasingly deposited as a fossil-fuel savings account aboard our Spaceship Earth through photosynthesis and progressive, complex, topsoil fossilization buried ever deeper…

Sociological Metaphors for the Public

Social science and philosophy have generated a vast number of other metaphorical descriptions of the public, rooted in different and often scientific perspectives on systematicity and relation. These are technologies in the broad sense that they enable different kinds of questions to be asked. An account of these…

The Origin of Interest

The international trading became the most profitable of all enterprises, and great land-"owners" with clear-cut king's "deeds" to their land went often to international gold moneylenders. The great land barons underwrote the building of enterprisers' ships with their cattle or other real wealth, the regenerative…

Knowledge Produces More Rapid Rate of Progress

Remember that accumulated knowledge, like accumulated capital, increases at compound interest: but it differs from the accumulation of capital in this; that the increase of knowledge produces a more rapid rate of progress, whilst the accumulation of capital leads to a lower rate of interest. Capital thus checks its…

GRUNCH

There is no dictionary word for an army of invisible giants, one thousand miles tall, with their arms interlinked, girding the planet Earth. Since there exists just such an invisible, abstract, legal-contrivance army of giants, we have invented the word GRUNCH as the group designation--"a grunch of giants." GR-UN-C-H…

Money is Fiction

Ira Glass: For money, afterall, long ago, we used to use gold, and if you wanted to buy something, you had to carry around these heavy, shiny pieces of metal. Then we decided, no, let's just leave the gold in a bank. Instead of the gold, we're going to carry around these pieces of paper, and the paper on them says…

ISPs Can Be Regulated Like Banks

The closest analogy to how ISPs operate on the Net is how banks operate on the terrestrial plane today. In most countries, banks are highly regulated, and they have a duty (in most countries) to know their customers. Although their primary mission is to serve their customers, to some extent they operate as (sometimes…