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	<title>Comments on: Thanks to donors</title>
	<atom:link href="http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/</link>
	<description>Analysing the Global Debt Bubble</description>
	<lastBuildDate>Sat, 31 Jul 2010 00:30:05 +0000</lastBuildDate>
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		<title>By: Steve Keen</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15206</link>
		<dc:creator>Steve Keen</dc:creator>
		<pubDate>Mon, 28 Sep 2009 04:58:01 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15206</guid>
		<description>Thanks vk, I think I should be able to do that sometime next year. The screen&#039;s 2560x1600 would be brilliant rotated 90 degrees to give me 2560 vertical by 1600 horizontal.</description>
		<content:encoded><![CDATA[<p>Thanks vk, I think I should be able to do that sometime next year. The screen&#8217;s 2560&#215;1600 would be brilliant rotated 90 degrees to give me 2560 vertical by 1600 horizontal.</p>
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		<title>By: vk</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15195</link>
		<dc:creator>vk</dc:creator>
		<pubDate>Mon, 28 Sep 2009 01:09:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15195</guid>
		<description>Steve,

I noticed that you have a lot of wasted &quot;screen real estate&quot; to the left of your formulas, while even the best of your monitors cant show all formulas at once.

I have a similar problem - I will rather see more lines of code at once rather than fewer lines and wasted space on the wide screen (sometimes labeled &quot;short screen&quot; by grumpy users).

There is a neat solution to this - try using the monitor in portrait mode.

On the software side you need a graphics card that supports 90 (or 270) degrees rotation. Most recent cards do, see this page: http://www.intel.com/support/graphics/sb/cs-016829.htm for the intel chips.

On the hardware side you need a monitor that can stand in portrait mode and quite a few models can. You need to detach the monitor from the stand and use a screwdriver to re-mount the mounting bracket sideways.

And with a bit of luck you can have the best of both worlds - use your good monitor in portrait mode and attach it to the external VGA port of your new laptop. Hopefully you can turn on rotation only for the external VGA port. Then extend your desktop across both monitors.</description>
		<content:encoded><![CDATA[<p>Steve,</p>
<p>I noticed that you have a lot of wasted &#8220;screen real estate&#8221; to the left of your formulas, while even the best of your monitors cant show all formulas at once.</p>
<p>I have a similar problem &#8211; I will rather see more lines of code at once rather than fewer lines and wasted space on the wide screen (sometimes labeled &#8220;short screen&#8221; by grumpy users).</p>
<p>There is a neat solution to this &#8211; try using the monitor in portrait mode.</p>
<p>On the software side you need a graphics card that supports 90 (or 270) degrees rotation. Most recent cards do, see this page: <a href="http://www.intel.com/support/graphics/sb/cs-016829.htm" rel="nofollow">http://www.intel.com/support/graphics/sb/cs-016829.htm</a> for the intel chips.</p>
<p>On the hardware side you need a monitor that can stand in portrait mode and quite a few models can. You need to detach the monitor from the stand and use a screwdriver to re-mount the mounting bracket sideways.</p>
<p>And with a bit of luck you can have the best of both worlds &#8211; use your good monitor in portrait mode and attach it to the external VGA port of your new laptop. Hopefully you can turn on rotation only for the external VGA port. Then extend your desktop across both monitors.</p>
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		<title>By: Steve Keen</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15083</link>
		<dc:creator>Steve Keen</dc:creator>
		<pubDate>Sat, 26 Sep 2009 07:57:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15083</guid>
		<description>Hi Pragmatist.

That&#039;s something I have considered doing, but of course I have to be sufficiently advanced with the book to make that a viable option for the publishers Edward Elgar to agree to it. Since I only barely started the book before my teaching load derailed me this year, I can only contemplate that in a year or more from now, once the book is (say 75% finished).

To get to that point, I need time--hence my intention to purchase out my teaching next session (March-June 2010) so that I can focus predominantly on the book.</description>
		<content:encoded><![CDATA[<p>Hi Pragmatist.</p>
<p>That&#8217;s something I have considered doing, but of course I have to be sufficiently advanced with the book to make that a viable option for the publishers Edward Elgar to agree to it. Since I only barely started the book before my teaching load derailed me this year, I can only contemplate that in a year or more from now, once the book is (say 75% finished).</p>
<p>To get to that point, I need time&#8211;hence my intention to purchase out my teaching next session (March-June 2010) so that I can focus predominantly on the book.</p>
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		<title>By: Steve Keen</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15081</link>
		<dc:creator>Steve Keen</dc:creator>
		<pubDate>Sat, 26 Sep 2009 07:50:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15081</guid>
		<description>Not yet Warren; I want to set up the system so that I can generate the code for an arbitrary number of sectors, but in the rush to get the CSIRO contract done, I started with 3 sectors, and then finished with 2 simply to have a fully written up version. I&#039;ll send you a PDF of the file with the parameters etc visible in it by email.</description>
		<content:encoded><![CDATA[<p>Not yet Warren; I want to set up the system so that I can generate the code for an arbitrary number of sectors, but in the rush to get the CSIRO contract done, I started with 3 sectors, and then finished with 2 simply to have a fully written up version. I&#8217;ll send you a PDF of the file with the parameters etc visible in it by email.</p>
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		<title>By: Pragmatist</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15080</link>
		<dc:creator>Pragmatist</dc:creator>
		<pubDate>Sat, 26 Sep 2009 07:19:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15080</guid>
		<description>Why not pre-sell copies of your new book? I&#039;d buy (pay for) one right now on the strength of what I&#039;ve read in this blog.</description>
		<content:encoded><![CDATA[<p>Why not pre-sell copies of your new book? I&#8217;d buy (pay for) one right now on the strength of what I&#8217;ve read in this blog.</p>
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		<title>By: Warren Raftshol</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15070</link>
		<dc:creator>Warren Raftshol</dc:creator>
		<pubDate>Sat, 26 Sep 2009 04:36:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15070</guid>
		<description>It looks like your new model is going to 2 firm sectors FK and FC instead of the previous 3 (omitting FKC).  Do you have posted anywhere the current parameters you are working with?

I notice that you&#039;ve gone back to growing productivity and population.  I had set up your prior 3-firm-sector model as a spreadsheet and noticed it kept running out of money due, I suppose, to constant population and productivity.</description>
		<content:encoded><![CDATA[<p>It looks like your new model is going to 2 firm sectors FK and FC instead of the previous 3 (omitting FKC).  Do you have posted anywhere the current parameters you are working with?</p>
<p>I notice that you&#8217;ve gone back to growing productivity and population.  I had set up your prior 3-firm-sector model as a spreadsheet and noticed it kept running out of money due, I suppose, to constant population and productivity.</p>
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		<title>By: Steve Keen</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15068</link>
		<dc:creator>Steve Keen</dc:creator>
		<pubDate>Sat, 26 Sep 2009 03:06:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15068</guid>
		<description>Very good question mikeh1980--one which will take a blog entry to answer properly. The short answer though is that I find its interface much easier to design in and one that lets me focus on the maths rather than the syntax of the program. Its error messages are also very &quot;human&quot;, compared to those for Mathematica which I often find quite opaque. But I&#039;ll mock up a demo of the two (I have Mathematica 5.0 and Publicon 1.0 as well, plus Scientific Workplace) to make my point clearer.

However nothing is written in stone on software. I did my work in Mathematica using its NDSolve routine for years before Mathcad implemented its own ODE solving system, and then improved the interface out of sight. If Mathematica (or Scientific Workplace for that matter, or Maple) did as good a job, there are other features in those systems that would make switching from Mathcad back to Mathematica very attractive.</description>
		<content:encoded><![CDATA[<p>Very good question mikeh1980&#8211;one which will take a blog entry to answer properly. The short answer though is that I find its interface much easier to design in and one that lets me focus on the maths rather than the syntax of the program. Its error messages are also very &#8220;human&#8221;, compared to those for Mathematica which I often find quite opaque. But I&#8217;ll mock up a demo of the two (I have Mathematica 5.0 and Publicon 1.0 as well, plus Scientific Workplace) to make my point clearer.</p>
<p>However nothing is written in stone on software. I did my work in Mathematica using its NDSolve routine for years before Mathcad implemented its own ODE solving system, and then improved the interface out of sight. If Mathematica (or Scientific Workplace for that matter, or Maple) did as good a job, there are other features in those systems that would make switching from Mathcad back to Mathematica very attractive.</p>
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		<title>By: Steve Keen</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15067</link>
		<dc:creator>Steve Keen</dc:creator>
		<pubDate>Sat, 26 Sep 2009 02:59:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15067</guid>
		<description>I tried it. You know what the problem was? No right mouse button! Almost all of the non-mainstream programs I use (especially Vissim and Mathcad) make heavy use of the right mouse button, and that made the MacBook/VMWare combination a source of frustration rather than liberation.

Yes I know there&#039;s a work around (from memory two fingers on the touch pad and then click the sole mouse button), but two fingers also slides the pointer off into the blue, and I got so &amp;^@%!! frustrated with it that I installed an external mouse AND an external numeric keypad to get Page Up/Page Down and other navigation keys as well as a numeric pad...

And that was real fun, trying to balance that lot on a podium while I gave a speech. So I gave up and bought a small Netbook for a while; the MacBook gathers dust.

The Dell also has serious grunt for the money--8 Gig of RAM and a terabyte of hard disk space is pretty hard to beat for under $4K of donations.

It also appears that Windows 7 will finally be a decent operating system, and since my main programs are Windows-specific, I&#039;ll stop fighting Microsoft and learn to live with them.

Ultimately I gave up and thought I&#039;d be better off</description>
		<content:encoded><![CDATA[<p>I tried it. You know what the problem was? No right mouse button! Almost all of the non-mainstream programs I use (especially Vissim and Mathcad) make heavy use of the right mouse button, and that made the MacBook/VMWare combination a source of frustration rather than liberation.</p>
<p>Yes I know there&#8217;s a work around (from memory two fingers on the touch pad and then click the sole mouse button), but two fingers also slides the pointer off into the blue, and I got so &amp;^@%!! frustrated with it that I installed an external mouse AND an external numeric keypad to get Page Up/Page Down and other navigation keys as well as a numeric pad&#8230;</p>
<p>And that was real fun, trying to balance that lot on a podium while I gave a speech. So I gave up and bought a small Netbook for a while; the MacBook gathers dust.</p>
<p>The Dell also has serious grunt for the money&#8211;8 Gig of RAM and a terabyte of hard disk space is pretty hard to beat for under $4K of donations.</p>
<p>It also appears that Windows 7 will finally be a decent operating system, and since my main programs are Windows-specific, I&#8217;ll stop fighting Microsoft and learn to live with them.</p>
<p>Ultimately I gave up and thought I&#8217;d be better off</p>
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		<title>By: gordon</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15066</link>
		<dc:creator>gordon</dc:creator>
		<pubDate>Sat, 26 Sep 2009 02:25:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15066</guid>
		<description>You would have been better with a MacBook Pro with VMFusion added for Windows applications.</description>
		<content:encoded><![CDATA[<p>You would have been better with a MacBook Pro with VMFusion added for Windows applications.</p>
]]></content:encoded>
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		<title>By: jrbarch</title>
		<link>http://www.debtdeflation.com/blogs/2009/09/25/thanks-to-donors/comment-page-1/#comment-15058</link>
		<dc:creator>jrbarch</dc:creator>
		<pubDate>Fri, 25 Sep 2009 22:09:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.debtdeflation.com/blogs/?p=2649#comment-15058</guid>
		<description>
Am wondering if I could bring to the surface an undercurrent that I often see flowing through this blog?
Reading about the GFC I am yet to find a simple explanation of trade and the 
  monetary system, that does not reference a complexity of institutions, policies 
  and processes. Barter and trade began after all as a very human activity, easily 
  understood - before it was organised and rendered arcane to most people. A good 
  friend advised &lt;em&gt;“… when things get complicated go back to basics”!&lt;/em&gt; 
The idea here is to grasp the essentials and clarify the human aspect of commerce 
  - before thinking about commerce today.

Let us posit a group of people who each have something(s) ‘of value’ that they would like to trade with each other.  Variables in the situation are:

Number of people can change;
People can change their sense of ‘value’;
Quantity and quality of commodities can change;
Hence, supply of or demand for commodities can change.

What imbalances may arise in the system? 

People may ‘value’ self above the group – i.e. the inherent  ‘value’ of the system could be impaired by the lesser ‘value’ of individual profit;
People could falsify ‘value’;
People could harm each other, steal commodities or fake their quantity or quality.
People could manipulate supply and demand to appropriate ‘value’.

Let us now say that as a matter of convenience, a new commodity $ is introduced to the system as both a ‘store of value’ and physical token who’s utility is ‘price’. ‘Price’ is a concept that reflects ‘value’ and relates one commodity to another.  

  Systemically, $ may behave exactly like any other commodity, however its 
    individual ‘value’ is one-dimensional (purchasing power) - absent is the intrinsic 
    multi-dimensional ‘value’ of other commodities - their qualities. $ (if its 
    ‘value’ is recognised and accepted by others within the system) is used primarily 
    to access quality;
  Besides this useful function, $ has an additional power - the risky theoretical 
    potential to both buy-up and control the whole system: previously no other 
    commodity could achieve this;
  Because of this, $ is introduced as a commodity manufactured at will by 
    a few people exercising a monopoly on the commodity – (unlike other commodities 
    that are often difficult to monopolise, produce and control);
  Obviously, $ cannot function beneficially in the system unless people can 
    trust in its legality, regulation and utility.

Because of $ power aspect, two potentials arise dependent on people&#039;s sense 
  of &#039;value&#039;:

  If people are ‘valued’ to be of greater intrinsic worth than the mere exercise 
    of power, or possession of comforts afforded by qualities arising from commodities 
    (particularly those surplus to basic livingness) - then it is a commitment 
    to discovering and uncovering of human potential, happiness, well being, health, 
    socialisation, education, evolution, development, ability to love and harmony 
    in relationships that will be prized above all else – human beings could enjoy 
    the maximum freedom from commodity production their desire for qualities will 
    allow, and the power of $ would be harnessed to human GDP (Greatest Development 
    Potential);
  Conversely, if the exercise of power or desire for the comforts and qualities 
    of commodities is in the ascendant then human development will suffer inversely, 
    through systemic imbalances such as: 
    
      
        a. poor living conditions and constrained opportunities at one end of 
        the spectrum, and 
      
      
        b. the illusion of human betterment and dissatisfaction in the effort 
        spent concentrating power, commodities and their qualities at the other; 
      
      
        c. environmental degeneration through plunder of natural resources; 
      
      
        d. a lifetime wasted trying to find contentment in the use and possession 
        of the concretised energy that $ symbolises - 
      
    
    
    People’s time on this earth, the roles that they act out , their very life 
    - which is the most precious and richest asset they possess - will be harnessed 
    to a play (construct); rather than used to explore their real human potential. 
    Looking at the world today the results of both of these foci are apparent 
    and at war. 

Greed is very easy to understand; so is kindness and generosity. Society offers 
  people happiness via the formulae of GDP (the current opiate for the masses). 
  Everybody knows it doesn’t work so there is no reason why we shouldn’t clean 
  the system up - or focus on something that is real such as ourselves.
Human desire begins with satisfying the body and its instincts, progresses 
  to creature comforts and possessions and unfolds as delight in form colour and 
  sound, science and the use of the intellect. Underlying these are a universal 
  desire for peace, harmonious relationships with each other and the beautiful 
  white blue green jewel of a planet with which we have been gifted; and the yearning 
  to experience true love - which ultimately lifts the human heart to seek its 
  Creator. It is our own nature that needs to be understood and &#039;valued&#039; - allowed 
  to blossom, before $ can be harnessed to its true potential. When we lived in 
  caves security mattered. Today, it is people that should matter. 
If you believe that within each human being is the greatest treasure, 
  then you should fight (as I believe Steve Keen does in tipping his lance) to 
  free that diamond from the clay.
</description>
		<content:encoded><![CDATA[<p>Am wondering if I could bring to the surface an undercurrent that I often see flowing through this blog?<br />
Reading about the GFC I am yet to find a simple explanation of trade and the<br />
  monetary system, that does not reference a complexity of institutions, policies<br />
  and processes. Barter and trade began after all as a very human activity, easily<br />
  understood &#8211; before it was organised and rendered arcane to most people. A good<br />
  friend advised <em>“… when things get complicated go back to basics”!</em><br />
The idea here is to grasp the essentials and clarify the human aspect of commerce<br />
  &#8211; before thinking about commerce today.</p>
<p>Let us posit a group of people who each have something(s) ‘of value’ that they would like to trade with each other.  Variables in the situation are:</p>
<p>Number of people can change;<br />
People can change their sense of ‘value’;<br />
Quantity and quality of commodities can change;<br />
Hence, supply of or demand for commodities can change.</p>
<p>What imbalances may arise in the system? </p>
<p>People may ‘value’ self above the group – i.e. the inherent  ‘value’ of the system could be impaired by the lesser ‘value’ of individual profit;<br />
People could falsify ‘value’;<br />
People could harm each other, steal commodities or fake their quantity or quality.<br />
People could manipulate supply and demand to appropriate ‘value’.</p>
<p>Let us now say that as a matter of convenience, a new commodity $ is introduced to the system as both a ‘store of value’ and physical token who’s utility is ‘price’. ‘Price’ is a concept that reflects ‘value’ and relates one commodity to another.  </p>
<p>  Systemically, $ may behave exactly like any other commodity, however its<br />
    individual ‘value’ is one-dimensional (purchasing power) &#8211; absent is the intrinsic<br />
    multi-dimensional ‘value’ of other commodities &#8211; their qualities. $ (if its<br />
    ‘value’ is recognised and accepted by others within the system) is used primarily<br />
    to access quality;<br />
  Besides this useful function, $ has an additional power &#8211; the risky theoretical<br />
    potential to both buy-up and control the whole system: previously no other<br />
    commodity could achieve this;<br />
  Because of this, $ is introduced as a commodity manufactured at will by<br />
    a few people exercising a monopoly on the commodity – (unlike other commodities<br />
    that are often difficult to monopolise, produce and control);<br />
  Obviously, $ cannot function beneficially in the system unless people can<br />
    trust in its legality, regulation and utility.</p>
<p>Because of $ power aspect, two potentials arise dependent on people&#8217;s sense<br />
  of &#8216;value&#8217;:</p>
<p>  If people are ‘valued’ to be of greater intrinsic worth than the mere exercise<br />
    of power, or possession of comforts afforded by qualities arising from commodities<br />
    (particularly those surplus to basic livingness) &#8211; then it is a commitment<br />
    to discovering and uncovering of human potential, happiness, well being, health,<br />
    socialisation, education, evolution, development, ability to love and harmony<br />
    in relationships that will be prized above all else – human beings could enjoy<br />
    the maximum freedom from commodity production their desire for qualities will<br />
    allow, and the power of $ would be harnessed to human GDP (Greatest Development<br />
    Potential);<br />
  Conversely, if the exercise of power or desire for the comforts and qualities<br />
    of commodities is in the ascendant then human development will suffer inversely,<br />
    through systemic imbalances such as: </p>
<p>        a. poor living conditions and constrained opportunities at one end of<br />
        the spectrum, and </p>
<p>        b. the illusion of human betterment and dissatisfaction in the effort<br />
        spent concentrating power, commodities and their qualities at the other; </p>
<p>        c. environmental degeneration through plunder of natural resources; </p>
<p>        d. a lifetime wasted trying to find contentment in the use and possession<br />
        of the concretised energy that $ symbolises &#8211; </p>
<p>    People’s time on this earth, the roles that they act out , their very life<br />
    &#8211; which is the most precious and richest asset they possess &#8211; will be harnessed<br />
    to a play (construct); rather than used to explore their real human potential.<br />
    Looking at the world today the results of both of these foci are apparent<br />
    and at war. </p>
<p>Greed is very easy to understand; so is kindness and generosity. Society offers<br />
  people happiness via the formulae of GDP (the current opiate for the masses).<br />
  Everybody knows it doesn’t work so there is no reason why we shouldn’t clean<br />
  the system up &#8211; or focus on something that is real such as ourselves.<br />
Human desire begins with satisfying the body and its instincts, progresses<br />
  to creature comforts and possessions and unfolds as delight in form colour and<br />
  sound, science and the use of the intellect. Underlying these are a universal<br />
  desire for peace, harmonious relationships with each other and the beautiful<br />
  white blue green jewel of a planet with which we have been gifted; and the yearning<br />
  to experience true love &#8211; which ultimately lifts the human heart to seek its<br />
  Creator. It is our own nature that needs to be understood and &#8216;valued&#8217; &#8211; allowed<br />
  to blossom, before $ can be harnessed to its true potential. When we lived in<br />
  caves security mattered. Today, it is people that should matter.<br />
If you believe that within each human being is the greatest treasure,<br />
  then you should fight (as I believe Steve Keen does in tipping his lance) to<br />
  free that diamond from the clay.</p>
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