Two completely different cultures trying to understand one another. I have worked for Japanese, Korean, and German management. How the Japanese and Koreans addressed me was far different than how they address the workers of their descent. The Germans were far more open than the other two cultures. Overhead Costs; TSMC may not be burdened by the same overhead costs which are included in US Labor’s pay. This is one reason they may wish to bring...
Read More »Public funding for bringing transformative drugs to market
AB: It is a government policy to turn the fruits of its research over to private industry without any strings attached. The 1980 Bayh-Dole Act allows the National Institutes of Health (NIH) and universities housing government-funded scientists to patent and transfer (for royalties, of course) their scientific discoveries, research tools, and drug candidates to private developers. Smaller entities are created to do the research and development of new...
Read More »Existing homeowners still trapped by their 3% mortgages
Dilemma . . . Do I make a jump to a mortgage at 6 to 7% just to have a bigger house? There is more to this than just interest rates. Building supplies as NDd mention have been an issue. If they are decreasing in cost, builders can lower prices to help sell new houses. Existing homeowners are still trapped by their 3% mortgages – by New Deal democrat Higher interest rates have created a bifurcation in the housing market. While builders can...
Read More »Chickens, Eggs, and Krugman
Paul Krugman has the amazing ability to get me (briefly) interested in economic theory. He writes that the (non provisional) IRA has had a larger than expected impact on investment writing: A new blog post from Heather Boushey of the Council of Economic Advisers argues that Biden’s industrial policy helps solve what she calls the “chicken and egg problem,” in which private-sector actors are reluctant to invest unless they’re sure that others will...
Read More »The Narrative and the Wall
Of late, Mr. Trump’s defense lawyer, John Lauro, has been making rounds of the TV News shows. All with a purpose, of course. Turns out that Mr. Lauro wants to defend Mr. Trump not against the charges of the recent indictment accusing Mr. Trump of conspiring to subvert American democracy but against other, different things that aren’t charged; aren’t in the indictment; and, to do so in the court of public opinion rather a court of law. If the facts...
Read More »The Narrative and the Wall
Of late, Mr. Trump’s defense lawyer, John Lauro, has been making rounds of the TV News shows. All with a purpose, of course. Turns out that Mr. Lauro wants to defend Mr. Trump not against the charges of the recent indictment accusing Mr. Trump of conspiring to subvert American democracy but against other, different things that aren’t charged; aren’t in the indictment; and, to do so in the court of public opinion rather a court of law. If the facts...
Read More »First generation of solar panels is wearing out – A recycling industry is salvaging them.
The unverified price I have heard for purchase and installation of solar cells is in the realm of $30,000. I have heard the electric district we are in which is District #3 drags their feet in approving installations. Why that would be, I am not sure. Our monthly electric bill for a 1500 square foot home is approximately $125 per month. Summer months supersede the $125 and Fall through Winter it can be less than half. I am testing the $125...
Read More »First generation of solar panels is wearing out – A recycling industry is salvaging them.
The unverified price I have heard for purchase and installation of solar cells is in the realm of $30,000. I have heard the electric district we are in which is District #3 drags their feet in approving installations. Why that would be, I am not sure. Our monthly electric bill for a 1500 square foot home is approximately $125 per month. Summer months supersede the $125 and Fall through Winter it can be less than half. I am testing the $125...
Read More »Open Thread August 8, 2023-Are Electric Vehicles Green?
I saw this the other day while looking for commentary to bring to AB. You can read the rest at the NYT. An easy read. Starter topic. Maybe EVs are not so environmentally friendly the way we are manufacturing them, the materials and the amounts used, and how we mine them. Raw materials can be problematic. “Like many other batteries, the lithium-ion cells that power most electric vehicles rely on raw materials — like cobalt, lithium and rare...
Read More »Open Thread August 8, 2023-Are Electric Vehicles Green?
I saw this the other day while looking for commentary to bring to AB. You can read the rest at the NYT. An easy read. Starter topic. Maybe EVs are not so environmentally friendly the way we are manufacturing them, the materials and the amounts used, and how we mine them. Raw materials can be problematic. “Like many other batteries, the lithium-ion cells that power most electric vehicles rely on raw materials — like cobalt, lithium and rare...
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