Salow-Swan neoclassical growth model

[Truthmatters]

Do American lefties (who were educated by union teachers) understand yet that neither old capital nor new capital is produced by government? Only the private sector produces capital which is confiscated in varying degrees by government. What happens when government goes to war with the private sector? Look around.

How did this country invent computors?


Clue for you: no corporation invented them.

It was Nasa.


The corps built their entire current gains off of the nasa work to produce a personal computor

Did NASA build the computer you’re on today, maybe the monitor, your TV? The mouse, the keyboard? I thought you were talking about "new technology" TM, did Government make it or did the evil corporations?

Name one thing you used today that Government directly made (tech) for you TM…. Not something they helped with 87 years ago. If you are trying to claim the first built computers are anything like what you have today, lol… go right ahead as it’s funny as hell watching you drown yourself.

what corporation did computor research before Nasa made it a possibility for payoff?

 

[Sallow]

Neoclassical growth model - Wikipedia, the free encyclopedia


In 1987, Solow received the Nobel Prize in Economics for his work. Solow was also the first economist to develop a growth model which distinguished between vintages of capital.[4] In Solow's model, new capital is more valuable than old (vintage) capital because—since capital is produced based on known technology, and technology improves with time—new capital will be more productive than old capital.[4] Both Paul Romer and Robert Lucas, Jr. subsequently developed alternatives to Solow's neo-classical growth model.[4] Today, economists use Solow's sources-of-growth accounting to estimate the separate effects on economic growth of technological change, capital, and labor.[4]

Do American lefties (who were educated by union teachers) understand yet that neither old capital nor new capital is produced by government? Only the private sector produces capital which is confiscated in varying degrees by government. What happens when government goes to war with the private sector? Look around.

How did this country invent computors?


Clue for you: no corporation invented them.

It was Nasa.


The corps built their entire current gains off of the nasa work to produce a personal computor

No it wasn't. Computers were in use far before NASA. I don't disagree with you, but get your history straight. One of the first real uses for the computer was to crack the Enigma code. And that was a primative computer "invented" by Alan Turing.

 

[Avorysuds]

Do American lefties (who were educated by union teachers) understand yet that neither old capital nor new capital is produced by government? Only the private sector produces capital which is confiscated in varying degrees by government. What happens when government goes to war with the private sector? Look around.

How did this country invent computors?


Clue for you: no corporation invented them.

It was Nasa.


The corps built their entire current gains off of the nasa work to produce a personal computor

No it wasn't. Computers were in use far before NASA. I don't disagree with you, but get your history straight. One of the first real uses for the computer was to crack the Enigma code. And that was a primative computer "invented" by Alan Turing.

Hmm, will she attack you, a fellow liberal or only if you call her out on her shit and you're not a liberal...

SO now one of TM’s biggest arguments “computers” is not 100% made by Government… DAMN!!!!! DAAAAAAAAAAAAAAAAAAAMMMMMN!

 

[Truthmatters]

ENIAC - Wikipedia, the free encyclopedia




Programmers Betty Jean Jennings (left) and Fran Bilas (right) operate the ENIAC's main control panel at the Moore School of Electrical Engineering. (U.S. Army photo from the archives of the ARL Technical Library)
ENIAC ( /ˈɛni.æk/; Electronic Numerical Integrator And Computer)[1][2] was the first general-purpose electronic computer. It was a Turing-complete digital computer capable of being reprogrammed to solve a full range of computing problems.[3]

ENIAC was designed to calculate artillery firing tables for the United States Army's Ballistic Research Laboratory.[4][5] When ENIAC was announced in 1946 it was heralded in the press as a "Giant Brain". It boasted speeds one thousand times faster than electro-mechanical machines, a leap in computing power that no single machine has since matched. This mathematical power, coupled with general-purpose programmability, excited scientists and industrialists. The inventors promoted the spread of these new ideas by teaching a series of lectures on computer architecture.

 

[Truthmatters]

How a Computer With 160 Kilobytes of Memory Made the Apollo 11 Moon Landing Possible « The Journal of American Rocket Science


In the 1960s most computers were still housed in their own buildings and required huge amounts of power and frequent repairs. In contrast, the AGC had to be small, lightweight, never fail and consume less power than a 60 watt light bulb. It also had to be designed and built in eight years or less by a team that were themselves grappling with new ideas. “I only heard the word ‘digital’ once through my entire time at university,” admitted Mr Hall. But the MIT lab had a long history of designing instrumentation for weapons and aircraft, and it was felt that the team of engineers was up to the task.
Early on, the constraints of the size and the requirements of the computer forced the team to make some bold decisions. One of these was to use a fledgling technology known as integrated circuits – today, more commonly known as silicon chips. The first working circuit had only been shown off in 1958. “It was an extremely courageous decision that was probably vital to the success of the mission,” said Mr Eyles.
To simplify the design and manufacture – and, crucially, minimize the risk of failure – the computer had just one circuit. The decision also ensured that the fast-changing silicon industry had an incentive to continue to produce the chips for the whole Apollo program.

 

[Truthmatters]

Computors filled huge rooms at the time.

No regular joe could have EVER afforded a computor.

Businesses had NO reason to build them smaller.

The modern computor owes NASA its exsistance.

 

[Truthmatters]

There is a famous case where corps tried to claim a patent on computors and failed in the courts.

The courts gave the tech to all the people.

 

[hortysir]

TM sure knows how to use the right-click to c/p

Wonder if Gov't showed her how

 

[Truthmatters]

got nothing huh?


The US government research paid for by public dollars is a very big part of why we as a country are at the top.

 

[Truthmatters]

The publically funded infrastructure is another

 

[hortysir]

got nothing huh?


The US government research paid for by public dollars is a very big part of why we as a country are at the top.

The publically funded infrastructure is another

now you're getting to the crux of the matter.

Our government hasn't given us anything we, as taxpayers, haven't paid for.

You can be grateful to Big Brother if you want to.

Myself, I choose to be grateful to the great minds and entrepreneurs of our past for making us a world leader.

 

[Toddsterpatriot]

Neoclassical growth model - Wikipedia, the free encyclopedia


In 1987, Solow received the Nobel Prize in Economics for his work. Solow was also the first economist to develop a growth model which distinguished between vintages of capital.[4] In Solow's model, new capital is more valuable than old (vintage) capital because—since capital is produced based on known technology, and technology improves with time—new capital will be more productive than old capital.[4] Both Paul Romer and Robert Lucas, Jr. subsequently developed alternatives to Solow's neo-classical growth model.[4] Today, economists use Solow's sources-of-growth accounting to estimate the separate effects on economic growth of technological change, capital, and labor.[4]

In Solow's model, new capital is more valuable than old (vintage) capital

Sounds like a good reason to cut the capital gains tax. 0% sounds good.

 

[Toddsterpatriot]

Transcript of the Constitution of the United States - Official Text


Section. 8.

The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;

To borrow Money on the credit of the United States;

To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;

To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States;

To establish Post Offices and post Roads;

To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries;

To constitute Tribunals inferior to the supreme Court;

To define and punish Piracies and Felonies committed on the high Seas, and Offences against the Law of Nations;

To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water;

To raise and support Armies, but no Appropriation of Money to that Use shall be for a longer Term than two Years;

To provide and maintain a Navy;

To make Rules for the Government and Regulation of the land and naval Forces;

To provide for calling forth the Militia to execute the Laws of the Union, suppress Insurrections and repel Invasions;

To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the Militia according to the discipline prescribed by Congress;

To exercise exclusive Legislation in all Cases whatsoever, over such District (not exceeding ten Miles square) as may, by Cession of particular States, and the Acceptance of Congress, become the Seat of the Government of the United States, and to exercise like Authority over all Places purchased by the Consent of the Legislature of the State in which the Same shall be, for the Erection of Forts, Magazines, Arsenals, dock-Yards, and other needful Buildings;--And

To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.

Wow, your Constitution sure is stretchy.

 

[Truthmatters]

some interesting things here