This document summarizes George Gilder's view that capitalism is based on generosity and gift-giving rather than self-interest. It discusses how early forms of trade and exchange involved tribes and families making offerings to each other with an expectation of a return gift. Successful traders and leaders would hold large feasts to demonstrate their wealth and status, imposing implicit debts on guests to reciprocate generosity in the future. Contrary to Adam Smith's view that business is driven by self-interest and greed, Gilder believes capitalism relies on and propagates generosity between participants in market exchange.
This document provides an in-depth analysis of the concept of greed throughout history. It discusses how greed fosters fear, self-doubt and inaction in societies. Greed prioritizes the wants and needs of producers over consumers, slowing the economy. While greed has long been tolerated, the document argues it is time for legislative action to curb its excesses and promote economic justice for all. It examines how greed has manifested throughout civilizations from Rome to the modern United States. The analysis draws on literature from Horace to argue that moderation, not excess or wastefulness, is the ideal approach.
This document summarizes an article that argues against a "syndrome of selfishness" that has taken hold in corporations and society. It identifies five misperceptions or "fabrications" that reinforce this selfishness:
1) The view that humans are solely "economic man" focused only on self-interest.
2) The idea that society benefits from a "rising tide of prosperity" when in fact it creates disparity.
3) The belief that "lean, mean" organizations are optimal, which creates discontinuity.
4) The myth of "heroic leadership" which disconnects leaders from others.
5) Defining corporate value solely as "shareholder value" which
1. The document discusses the history of corporate development and business ethics.
2. It references historical events like the South Sea Bubble financial scandal in 1720 and how greed and profit motives are universally seen as synonymous.
3. The document also discusses Adam Smith's works on morality and sympathy in human nature, and how they relate to business interests and ethics. It questions whether business prioritizes shareholders over other groups.
An economic system is the mechanism by which a society produces, distributes, and consumes goods and services. The main types of economic systems are capitalism, socialism, and mixed economies. Capitalism is based on private ownership and market forces, while socialism involves public or collective ownership and economic planning. Most modern economies are mixed, combining elements of both capitalism and socialism.
This document provides biographical information about three influential economists: Adam Smith, Karl Marx, and John Maynard Keynes. It summarizes their key ideas and contributions to economic thought. Adam Smith developed the concept of the invisible hand and argued that free markets and division of labor could increase prosperity. Karl Marx critiqued capitalism and predicted its inevitable replacement by socialism and communism. John Maynard Keynes argued that government intervention was needed to stimulate economies during downturns like the Great Depression. All three thinkers significantly shaped modern economic theory and policy.
Adam Smith was an 18th century Scottish philosopher who is considered the father of modern economics. He opposed the dominant economic theory of mercantilism, instead arguing that a nation's wealth depends on production rather than resources. Smith is best known for his 1776 book The Wealth of Nations, where he introduced concepts like the invisible hand of the free market and the benefits of the division of labor. The Wealth of Nations represented the birth of free market economics and greatly influenced later economists, though it lacked full theories of pricing and value. Smith believed self-interest and free markets could benefit society through an invisible hand that guides individuals toward outcomes that promote general prosperity without centralized control.
Group presentation on The Wealth of Nations by Adam Smith.pptxSumaiaRuhane
An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith
This document provides an in-depth analysis of the concept of greed throughout history. It discusses how greed fosters fear, self-doubt and inaction in societies. Greed prioritizes the wants and needs of producers over consumers, slowing the economy. While greed has long been tolerated, the document argues it is time for legislative action to curb its excesses and promote economic justice for all. It examines how greed has manifested throughout civilizations from Rome to the modern United States. The analysis draws on literature from Horace to argue that moderation, not excess or wastefulness, is the ideal approach.
This document summarizes an article that argues against a "syndrome of selfishness" that has taken hold in corporations and society. It identifies five misperceptions or "fabrications" that reinforce this selfishness:
1) The view that humans are solely "economic man" focused only on self-interest.
2) The idea that society benefits from a "rising tide of prosperity" when in fact it creates disparity.
3) The belief that "lean, mean" organizations are optimal, which creates discontinuity.
4) The myth of "heroic leadership" which disconnects leaders from others.
5) Defining corporate value solely as "shareholder value" which
1. The document discusses the history of corporate development and business ethics.
2. It references historical events like the South Sea Bubble financial scandal in 1720 and how greed and profit motives are universally seen as synonymous.
3. The document also discusses Adam Smith's works on morality and sympathy in human nature, and how they relate to business interests and ethics. It questions whether business prioritizes shareholders over other groups.
An economic system is the mechanism by which a society produces, distributes, and consumes goods and services. The main types of economic systems are capitalism, socialism, and mixed economies. Capitalism is based on private ownership and market forces, while socialism involves public or collective ownership and economic planning. Most modern economies are mixed, combining elements of both capitalism and socialism.
This document provides biographical information about three influential economists: Adam Smith, Karl Marx, and John Maynard Keynes. It summarizes their key ideas and contributions to economic thought. Adam Smith developed the concept of the invisible hand and argued that free markets and division of labor could increase prosperity. Karl Marx critiqued capitalism and predicted its inevitable replacement by socialism and communism. John Maynard Keynes argued that government intervention was needed to stimulate economies during downturns like the Great Depression. All three thinkers significantly shaped modern economic theory and policy.
Adam Smith was an 18th century Scottish philosopher who is considered the father of modern economics. He opposed the dominant economic theory of mercantilism, instead arguing that a nation's wealth depends on production rather than resources. Smith is best known for his 1776 book The Wealth of Nations, where he introduced concepts like the invisible hand of the free market and the benefits of the division of labor. The Wealth of Nations represented the birth of free market economics and greatly influenced later economists, though it lacked full theories of pricing and value. Smith believed self-interest and free markets could benefit society through an invisible hand that guides individuals toward outcomes that promote general prosperity without centralized control.
Group presentation on The Wealth of Nations by Adam Smith.pptxSumaiaRuhane
An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith
Residential Price Trends Feeding into Cherry Creek High School 2010Tom Cryer
The document provides sales data for properties in the Cherry Creek High School neighborhood of Denver from 2007 to 2010, including average home prices, number of properties sold, and annual price and property changes. Specific property addresses, sale dates, and prices are listed from July 13, 2007 to August 28, 2007. The data shows average home prices peaked in 2007 then declined slightly in 2008 and 2009 before falling further in 2010.
1. Foreclosures have declined for almost three years after peaking in 2008. However, short sales continue to be common as lenders work with borrowers. The short sale cycle may continue for 2-5 more years before a normal market trend returns.
2. The ratio of home listings to sales indicates the market may drift into oversupply in the second half of 2010 if current trends continue, potentially leading to more foreclosures and short sales.
3. While average home prices have increased in the first half of 2010, particularly for higher-end homes, prices have actually declined in many individual areas. Average prices should only be used as a general guide, not to assess specific markets or properties.
The document is a newsletter from a real estate broker providing updates about the local real estate market, including that the market is recovering from the housing crisis but at lower price levels. It profiles two homes for sale, lists local business services, highlights the community of Foxfield, and shares family news and green living tips. The broker thanks readers and requests referrals.
This document is a newsletter from Tom Cryer, a real estate broker. It provides updates on local real estate market trends and properties, community events in Highlands Ranch, CO, and personal family news. It encourages readers to share recommendations for local services and discuss Father's Day traditions. Links are included to further information on the benefits of home ownership and recent economic and real estate market data.
A Three Year Sales History for Foxfield, Colorado 80016Tom Cryer
This document provides home sales data for the Town of Foxfield, Colorado for the past 3 years. In year 3 (2007-2008), there were 7 home sales with an average price of $534,429. In year 2 (2008-2009), there were also 7 home sales with an average price of $504,643, a 5.6% decrease in average price. In year 1 (2009-2010), there were 6 home sales with an average price of $521,482, a 3.3% increase in average price but a 14.3% decrease in the number of properties sold. The document then provides details of each home sale for those three years by address, sale date, and sale price.
AVERAGE PRICE AND TRANSACTION COUNT FOR HIGHLANDS RANCH COLORADO 2010Tom Cryer
The document attached offers a look in on the average price trend and transaction count numbers for Highlands Ranch, Colorado for the last three years as of 05-2010.
During the war years President Franklin Delano Roosevelt once said that a nation of homeowners is unconquerable. Margaret Thatcher, with a mantra that homeowners become responsible citizens, privatized and moved 1.7 million families from public housing into private ownership. President Bill Clinton has stated his belief that homeownership and decent housing are an essential part of the American Dream and wanted to make the dream of homeownership a reality for all Americans. President George W. Bush has said ownership has the power to transform people. Thus, the promotion of homeownership has been an integral part of President Bush’s vision of an “ownership society.” Even in the earliest days of civilization, before the collection and touting of statistical data, Aristotle had argued that ownership promotes virtue and responsibility.
This document contains a string of numbers without any other context or information provided. It is unclear what the numbers represent or what they are referring to based on the limited information given.
This document provides monthly real estate statistics from January 2008 to October 2010 for single family homes, condominiums, income properties, land, and totals. The statistics include numbers of active listings, average list prices, properties under contract, properties sold, average days on market, and average and median sale prices. Overall, the data shows fluctuations in real estate listing and sale activity from year to year during this period.
Weekly Economic Financial Commentary March 26, 2010Tom Cryer
Public policy dominated this week, with the passage of health-care reform and confirmation the social security system would run into deficit this year contributing to disappointing Treasury auctions and higher bond yields.
The document discusses the Federal Home Buyer Tax Credit and encourages readers to take advantage of it before it expires. It provides details on tax credits of up to $8,000 for first-time buyers and $6,500 for repeat buyers. It notes that contracts must be in effect by April 30th and close by June 30th, 2010 to qualify. It also mentions that housing affordability is high and interest rates are low, making it a good time to buy or sell a home.
This document provides home sales data for Cherry Hills Village, Colorado for the years 2007 to 2010. It shows the average home price and number of properties sold each year. In year 3 (2007-2008), the average price was $2.16 million and 89 properties sold. In year 2 (2008-2009), the average price fell 19.6% to $1.73 million and the number of properties sold declined 7.9% to 82. Year 1 (2009-2010) saw a 3.5% rise in average price to $1.80 million and a 19.5% drop in properties sold to 66. The document also lists specific home sales from 2007.
The document summarizes average residential home prices in the Denver metro area from 1974 to 2009. It shows that prices steadily increased over this period, rising from around $35,000 in 1974 to over $240,000 in 2009. It also includes a graph depicting the sharp rise in prices from the 1990s onwards for all areas as well as the suburbs of Denver (DSE) and southeast suburbs (SSE). Additional data lists total housing listings and sales each year to gauge market activity.
- The document is an economic outlook report from Wells Fargo for 2010 that discusses challenges and opportunities facing the US and global economies in the coming year.
- It states that while the recession may be over, 2010 will still be difficult with risks remaining. The economy has been thrown off course and is still unstable.
- The report identifies three main problems: 1) how to stabilize the economy with policy tools, 2) determining the new economic course and growth pace, and 3) how goals of growth, inflation, jobs, and the dollar have changed.
- The outlook predicts subpar 2.2% growth in 2010 with contributions from rising consumer spending, business investment, housing, and federal spending but high
A COMPREHENSIVE ANALYSIS OF $1M+ TRANSACTIONS IN THE DENVER METRO AREA AS OF ...Tom Cryer
This document provides home sales data for single family homes over $1 million in the Denver metro area from 2006 to 2009. It shows that the average home price was highest in 2006 at $1,650,467 but declined each subsequent year to $1,560,588 in 2009. The number of homes sold also declined each year, dropping by over 40% from 2008 to 2009. Specific home sale listings from 2006 are provided with details like address, sale date, and sale price.
University Hills Denver, CO Real Estate ReportTom Cryer
This document appears to be a real estate listing report for homes in University Hills, Denver, Colorado. It includes over 50 listings of homes for sale with details like address, number of beds and baths, price, square footage, price per square foot, and number of days on market. It also provides averages for the listings as well as charts of recent sales in the area with details of the sale. The report is addressed to Tom Cryer and appears to be information on current real estate listings and sales to help him in his work as a real estate agent.
2009 Us Corporate Relocation Benchmarking SurveyTom Cryer
2009 U.S. Corporate Relocation Benchmarking Survey
This pulse survey on relocation assistance provided to employees relocated within the U.S. is based on data collected in April 2009. Of the 816 member organizations invited to participate in the online survey, 182 responded—a 22 percent response rate. Data pertains to employees relocated domestically within the U.S.
University of Denver Community Residential Real Estate TrendsTom Cryer
This document provides home sale data for a Denver neighborhood over three years from 2006-2009. It shows that average home prices increased slightly from 2006-2007 but then declined by over 7% from 2007-2009, while the number of home sales also declined each year. It then lists over 500 individual home sales with dates, addresses, and sale prices from 2006-2007.
Driving Business Innovation: Latest Generative AI Advancements & Success StorySafe Software
Are you ready to revolutionize how you handle data? Join us for a webinar where we’ll bring you up to speed with the latest advancements in Generative AI technology and discover how leveraging FME with tools from giants like Google Gemini, Amazon, and Microsoft OpenAI can supercharge your workflow efficiency.
During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
Residential Price Trends Feeding into Cherry Creek High School 2010Tom Cryer
The document provides sales data for properties in the Cherry Creek High School neighborhood of Denver from 2007 to 2010, including average home prices, number of properties sold, and annual price and property changes. Specific property addresses, sale dates, and prices are listed from July 13, 2007 to August 28, 2007. The data shows average home prices peaked in 2007 then declined slightly in 2008 and 2009 before falling further in 2010.
1. Foreclosures have declined for almost three years after peaking in 2008. However, short sales continue to be common as lenders work with borrowers. The short sale cycle may continue for 2-5 more years before a normal market trend returns.
2. The ratio of home listings to sales indicates the market may drift into oversupply in the second half of 2010 if current trends continue, potentially leading to more foreclosures and short sales.
3. While average home prices have increased in the first half of 2010, particularly for higher-end homes, prices have actually declined in many individual areas. Average prices should only be used as a general guide, not to assess specific markets or properties.
The document is a newsletter from a real estate broker providing updates about the local real estate market, including that the market is recovering from the housing crisis but at lower price levels. It profiles two homes for sale, lists local business services, highlights the community of Foxfield, and shares family news and green living tips. The broker thanks readers and requests referrals.
This document is a newsletter from Tom Cryer, a real estate broker. It provides updates on local real estate market trends and properties, community events in Highlands Ranch, CO, and personal family news. It encourages readers to share recommendations for local services and discuss Father's Day traditions. Links are included to further information on the benefits of home ownership and recent economic and real estate market data.
A Three Year Sales History for Foxfield, Colorado 80016Tom Cryer
This document provides home sales data for the Town of Foxfield, Colorado for the past 3 years. In year 3 (2007-2008), there were 7 home sales with an average price of $534,429. In year 2 (2008-2009), there were also 7 home sales with an average price of $504,643, a 5.6% decrease in average price. In year 1 (2009-2010), there were 6 home sales with an average price of $521,482, a 3.3% increase in average price but a 14.3% decrease in the number of properties sold. The document then provides details of each home sale for those three years by address, sale date, and sale price.
AVERAGE PRICE AND TRANSACTION COUNT FOR HIGHLANDS RANCH COLORADO 2010Tom Cryer
The document attached offers a look in on the average price trend and transaction count numbers for Highlands Ranch, Colorado for the last three years as of 05-2010.
During the war years President Franklin Delano Roosevelt once said that a nation of homeowners is unconquerable. Margaret Thatcher, with a mantra that homeowners become responsible citizens, privatized and moved 1.7 million families from public housing into private ownership. President Bill Clinton has stated his belief that homeownership and decent housing are an essential part of the American Dream and wanted to make the dream of homeownership a reality for all Americans. President George W. Bush has said ownership has the power to transform people. Thus, the promotion of homeownership has been an integral part of President Bush’s vision of an “ownership society.” Even in the earliest days of civilization, before the collection and touting of statistical data, Aristotle had argued that ownership promotes virtue and responsibility.
This document contains a string of numbers without any other context or information provided. It is unclear what the numbers represent or what they are referring to based on the limited information given.
This document provides monthly real estate statistics from January 2008 to October 2010 for single family homes, condominiums, income properties, land, and totals. The statistics include numbers of active listings, average list prices, properties under contract, properties sold, average days on market, and average and median sale prices. Overall, the data shows fluctuations in real estate listing and sale activity from year to year during this period.
Weekly Economic Financial Commentary March 26, 2010Tom Cryer
Public policy dominated this week, with the passage of health-care reform and confirmation the social security system would run into deficit this year contributing to disappointing Treasury auctions and higher bond yields.
The document discusses the Federal Home Buyer Tax Credit and encourages readers to take advantage of it before it expires. It provides details on tax credits of up to $8,000 for first-time buyers and $6,500 for repeat buyers. It notes that contracts must be in effect by April 30th and close by June 30th, 2010 to qualify. It also mentions that housing affordability is high and interest rates are low, making it a good time to buy or sell a home.
This document provides home sales data for Cherry Hills Village, Colorado for the years 2007 to 2010. It shows the average home price and number of properties sold each year. In year 3 (2007-2008), the average price was $2.16 million and 89 properties sold. In year 2 (2008-2009), the average price fell 19.6% to $1.73 million and the number of properties sold declined 7.9% to 82. Year 1 (2009-2010) saw a 3.5% rise in average price to $1.80 million and a 19.5% drop in properties sold to 66. The document also lists specific home sales from 2007.
The document summarizes average residential home prices in the Denver metro area from 1974 to 2009. It shows that prices steadily increased over this period, rising from around $35,000 in 1974 to over $240,000 in 2009. It also includes a graph depicting the sharp rise in prices from the 1990s onwards for all areas as well as the suburbs of Denver (DSE) and southeast suburbs (SSE). Additional data lists total housing listings and sales each year to gauge market activity.
- The document is an economic outlook report from Wells Fargo for 2010 that discusses challenges and opportunities facing the US and global economies in the coming year.
- It states that while the recession may be over, 2010 will still be difficult with risks remaining. The economy has been thrown off course and is still unstable.
- The report identifies three main problems: 1) how to stabilize the economy with policy tools, 2) determining the new economic course and growth pace, and 3) how goals of growth, inflation, jobs, and the dollar have changed.
- The outlook predicts subpar 2.2% growth in 2010 with contributions from rising consumer spending, business investment, housing, and federal spending but high
A COMPREHENSIVE ANALYSIS OF $1M+ TRANSACTIONS IN THE DENVER METRO AREA AS OF ...Tom Cryer
This document provides home sales data for single family homes over $1 million in the Denver metro area from 2006 to 2009. It shows that the average home price was highest in 2006 at $1,650,467 but declined each subsequent year to $1,560,588 in 2009. The number of homes sold also declined each year, dropping by over 40% from 2008 to 2009. Specific home sale listings from 2006 are provided with details like address, sale date, and sale price.
University Hills Denver, CO Real Estate ReportTom Cryer
This document appears to be a real estate listing report for homes in University Hills, Denver, Colorado. It includes over 50 listings of homes for sale with details like address, number of beds and baths, price, square footage, price per square foot, and number of days on market. It also provides averages for the listings as well as charts of recent sales in the area with details of the sale. The report is addressed to Tom Cryer and appears to be information on current real estate listings and sales to help him in his work as a real estate agent.
2009 Us Corporate Relocation Benchmarking SurveyTom Cryer
2009 U.S. Corporate Relocation Benchmarking Survey
This pulse survey on relocation assistance provided to employees relocated within the U.S. is based on data collected in April 2009. Of the 816 member organizations invited to participate in the online survey, 182 responded—a 22 percent response rate. Data pertains to employees relocated domestically within the U.S.
University of Denver Community Residential Real Estate TrendsTom Cryer
This document provides home sale data for a Denver neighborhood over three years from 2006-2009. It shows that average home prices increased slightly from 2006-2007 but then declined by over 7% from 2007-2009, while the number of home sales also declined each year. It then lists over 500 individual home sales with dates, addresses, and sale prices from 2006-2007.
Driving Business Innovation: Latest Generative AI Advancements & Success StorySafe Software
Are you ready to revolutionize how you handle data? Join us for a webinar where we’ll bring you up to speed with the latest advancements in Generative AI technology and discover how leveraging FME with tools from giants like Google Gemini, Amazon, and Microsoft OpenAI can supercharge your workflow efficiency.
During the hour, we’ll take you through:
Guest Speaker Segment with Hannah Barrington: Dive into the world of dynamic real estate marketing with Hannah, the Marketing Manager at Workspace Group. Hear firsthand how their team generates engaging descriptions for thousands of office units by integrating diverse data sources—from PDF floorplans to web pages—using FME transformers, like OpenAIVisionConnector and AnthropicVisionConnector. This use case will show you how GenAI can streamline content creation for marketing across the board.
Ollama Use Case: Learn how Scenario Specialist Dmitri Bagh has utilized Ollama within FME to input data, create custom models, and enhance security protocols. This segment will include demos to illustrate the full capabilities of FME in AI-driven processes.
Custom AI Models: Discover how to leverage FME to build personalized AI models using your data. Whether it’s populating a model with local data for added security or integrating public AI tools, find out how FME facilitates a versatile and secure approach to AI.
We’ll wrap up with a live Q&A session where you can engage with our experts on your specific use cases, and learn more about optimizing your data workflows with AI.
This webinar is ideal for professionals seeking to harness the power of AI within their data management systems while ensuring high levels of customization and security. Whether you're a novice or an expert, gain actionable insights and strategies to elevate your data processes. Join us to see how FME and AI can revolutionize how you work with data!
Programming Foundation Models with DSPy - Meetup SlidesZilliz
Prompting language models is hard, while programming language models is easy. In this talk, I will discuss the state-of-the-art framework DSPy for programming foundation models with its powerful optimizers and runtime constraint system.
Digital Marketing Trends in 2024 | Guide for Staying AheadWask
https://www.wask.co/ebooks/digital-marketing-trends-in-2024
Feeling lost in the digital marketing whirlwind of 2024? Technology is changing, consumer habits are evolving, and staying ahead of the curve feels like a never-ending pursuit. This e-book is your compass. Dive into actionable insights to handle the complexities of modern marketing. From hyper-personalization to the power of user-generated content, learn how to build long-term relationships with your audience and unlock the secrets to success in the ever-shifting digital landscape.
Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on integration of Salesforce with Bonterra Impact Management.
Interested in deploying an integration with Salesforce for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
HCL Notes and Domino License Cost Reduction in the World of DLAUpanagenda
Webinar Recording: https://www.panagenda.com/webinars/hcl-notes-and-domino-license-cost-reduction-in-the-world-of-dlau/
The introduction of DLAU and the CCB & CCX licensing model caused quite a stir in the HCL community. As a Notes and Domino customer, you may have faced challenges with unexpected user counts and license costs. You probably have questions on how this new licensing approach works and how to benefit from it. Most importantly, you likely have budget constraints and want to save money where possible. Don’t worry, we can help with all of this!
We’ll show you how to fix common misconfigurations that cause higher-than-expected user counts, and how to identify accounts which you can deactivate to save money. There are also frequent patterns that can cause unnecessary cost, like using a person document instead of a mail-in for shared mailboxes. We’ll provide examples and solutions for those as well. And naturally we’ll explain the new licensing model.
Join HCL Ambassador Marc Thomas in this webinar with a special guest appearance from Franz Walder. It will give you the tools and know-how to stay on top of what is going on with Domino licensing. You will be able lower your cost through an optimized configuration and keep it low going forward.
These topics will be covered
- Reducing license cost by finding and fixing misconfigurations and superfluous accounts
- How do CCB and CCX licenses really work?
- Understanding the DLAU tool and how to best utilize it
- Tips for common problem areas, like team mailboxes, functional/test users, etc
- Practical examples and best practices to implement right away
Fueling AI with Great Data with Airbyte WebinarZilliz
This talk will focus on how to collect data from a variety of sources, leveraging this data for RAG and other GenAI use cases, and finally charting your course to productionalization.
Nunit vs XUnit vs MSTest Differences Between These Unit Testing Frameworks.pdfflufftailshop
When it comes to unit testing in the .NET ecosystem, developers have a wide range of options available. Among the most popular choices are NUnit, XUnit, and MSTest. These unit testing frameworks provide essential tools and features to help ensure the quality and reliability of code. However, understanding the differences between these frameworks is crucial for selecting the most suitable one for your projects.
5th LF Energy Power Grid Model Meet-up SlidesDanBrown980551
5th Power Grid Model Meet-up
It is with great pleasure that we extend to you an invitation to the 5th Power Grid Model Meet-up, scheduled for 6th June 2024. This event will adopt a hybrid format, allowing participants to join us either through an online Mircosoft Teams session or in person at TU/e located at Den Dolech 2, Eindhoven, Netherlands. The meet-up will be hosted by Eindhoven University of Technology (TU/e), a research university specializing in engineering science & technology.
Power Grid Model
The global energy transition is placing new and unprecedented demands on Distribution System Operators (DSOs). Alongside upgrades to grid capacity, processes such as digitization, capacity optimization, and congestion management are becoming vital for delivering reliable services.
Power Grid Model is an open source project from Linux Foundation Energy and provides a calculation engine that is increasingly essential for DSOs. It offers a standards-based foundation enabling real-time power systems analysis, simulations of electrical power grids, and sophisticated what-if analysis. In addition, it enables in-depth studies and analysis of the electrical power grid’s behavior and performance. This comprehensive model incorporates essential factors such as power generation capacity, electrical losses, voltage levels, power flows, and system stability.
Power Grid Model is currently being applied in a wide variety of use cases, including grid planning, expansion, reliability, and congestion studies. It can also help in analyzing the impact of renewable energy integration, assessing the effects of disturbances or faults, and developing strategies for grid control and optimization.
What to expect
For the upcoming meetup we are organizing, we have an exciting lineup of activities planned:
-Insightful presentations covering two practical applications of the Power Grid Model.
-An update on the latest advancements in Power Grid -Model technology during the first and second quarters of 2024.
-An interactive brainstorming session to discuss and propose new feature requests.
-An opportunity to connect with fellow Power Grid Model enthusiasts and users.
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...alexjohnson7307
Predictive maintenance is a proactive approach that anticipates equipment failures before they happen. At the forefront of this innovative strategy is Artificial Intelligence (AI), which brings unprecedented precision and efficiency. AI in predictive maintenance is transforming industries by reducing downtime, minimizing costs, and enhancing productivity.
How to Interpret Trends in the Kalyan Rajdhani Mix Chart.pdfChart Kalyan
A Mix Chart displays historical data of numbers in a graphical or tabular form. The Kalyan Rajdhani Mix Chart specifically shows the results of a sequence of numbers over different periods.
GraphRAG for Life Science to increase LLM accuracyTomaz Bratanic
GraphRAG for life science domain, where you retriever information from biomedical knowledge graphs using LLMs to increase the accuracy and performance of generated answers
Ivanti’s Patch Tuesday breakdown goes beyond patching your applications and brings you the intelligence and guidance needed to prioritize where to focus your attention first. Catch early analysis on our Ivanti blog, then join industry expert Chris Goettl for the Patch Tuesday Webinar Event. There we’ll do a deep dive into each of the bulletins and give guidance on the risks associated with the newly-identified vulnerabilities.
This presentation provides valuable insights into effective cost-saving techniques on AWS. Learn how to optimize your AWS resources by rightsizing, increasing elasticity, picking the right storage class, and choosing the best pricing model. Additionally, discover essential governance mechanisms to ensure continuous cost efficiency. Whether you are new to AWS or an experienced user, this presentation provides clear and practical tips to help you reduce your cloud costs and get the most out of your budget.
Building Production Ready Search Pipelines with Spark and MilvusZilliz
Spark is the widely used ETL tool for processing, indexing and ingesting data to serving stack for search. Milvus is the production-ready open-source vector database. In this talk we will show how to use Spark to process unstructured data to extract vector representations, and push the vectors to Milvus vector database for search serving.
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
1. rimi s
Hillsdale College Hillsdale, Michigan 49242 Vol . 9, No . 1 2
December 1980
THE MORAL SOURCES OF CAPITALIS M
By George Gilder
George Gilder is Program Director of the Interna-
tional Center for Economic Policy Studies in New Yor k
City . A graduate of Harvard University, he has pub-
lished five books, including Naked Nomads, Visibl e
Man, and Wealth and Poverty .
He has also published numerous articles and review s
on political, economic and social subjects, in suc h
journals as Harper's, The New York Times Magazine ,
The New York Times, Reader's Digest, Commentary ,
National Review, The Wall Street Journal, The Bosto n
Globe, The Boston Globe Magazine, Washingto n
Monthly, Washington Star, Chicago Tribune, Boo k
World, Book Digest, among others .
He has been a speechwriter for both U .S . Presiden-
tial and Vice Presidential campaigns, and was responsi-
ble for part of Ronald Reagan's acceptance speech at
the Republican National Convention .
Mr . Gilder delivered this presentation recently a t
Hillsdale as part of the Ludwig von Mises Lectur e
Series .
What is most extraordinary about this economist' s
"Businessmen are bastards" : This crude view o f view is not its extremity, vehemence, or apparen t
men of commerce, once famously pronounced by Presi- incongruity, but the fact that it was a perfectly ordinary
dent John F . Kennedy, sums up the sentiments o f statement for such a man to make . It sums up what has
socialist thinkers in America and around the world , been the prevailing attitude of the leading defenders o f
from Jane Fonda to the remaining followers of the lat e free enterprise ever since the time of Adam Smith .
Chairman Mao . In fact, the idea that businessmen are Although Smith himself did not use such bawdy lan-
bastards is such a cliche' among the progressive an d guage, he insisted that businessmen were in general an
enlightened men of the left that most of them would b e unattractive lot who "seldom gather together except t o
hurt and startled if a businessman responded by callin g conspire against the public interest ." According to
them the bigots that they objectively are . Smith the motive force of a capitalist economy is self -
Early in 1980, however, these same words wer e concern, which is a more polite way of depicting wha t
vehemently uttered by a conservative professor of eco- a leftist would call avarice or greed . "Not from benev-
nomics at a major American college . Yet conservative s olence," said Smith, "do we expect our bread from th e
are considered to be the friends of business . In fact, baker" but from self-interest . "As by an invisible
this economist in particular was wearing a handsome hand," Smith immortally maintained, these individual
Adam Smith necktie and imagined himself to b e acts of avarice flow together to promote the genera l
staunchly defending private enterprise at the very time welfare, even though few of the businessmen are con-
he made his rude remark about businessmen . cerned with any aim beyond their own enrichment .
IMPRIMIS is the journal from The Center for Constructive Alter -
im•pri•mis Om-pri-mis) adv . In the first place . Middle English , natives . As an exposition of ideas and first principles, it offer s
from Latin in primis, among the first (things) . . . alternative solutions to the problems of our time . A subscriptio n
is free on request .
2. These arguments of Adam Smith, espoused in The personal avarice and ambition into collective prosperit y
Wealth of Nations, the masterwork of capitalist eco- but because it calls forth, propagates, and relies upo n
nomics, recur in various forms throughout the literatur e the best and most generous of human qualities .
of free enterprise and lend to many of these writings a
strangely anti-business cast . The general idea is that Capaitalism begins with giving . This is a growin g
businessmen are useful sorts but you wouldn't wan t theme of "economic anthropology," from Melvill e
Herskovits's pioneering book by that name to Marvi n
your daughter to marry one . Just as English aristocrat s
Harris's Cannibals and Kings . The capitalists of primi-
still sometimes express disdain for people "in trade, "
tive society were tribal leaders who vied with on e
so American intellectuals, even on the right, ofte n
another in giving great feasts . Similarly, trade bega n
depict capitalists as crude, boorish, and predatory fig-
with offerings from one family to another or from on e
ures .
Although one might suppose that such men should b e tribe to its neighbor . The gifts, often made in th e
kept on a short reign by government, the conservative s course of a religious rite, were presented in hopes of a n
argue on the contrary that governments should keep out eventual gift in return . The compensation was no t
of the fray and allow the disciplines of the free marke t defined beforehand . But in the feasting process it wa s
to keep the predators in line . In essence, these econo- expected to be a return with interest, as another "bi g
mists answer President Kennedy by saying, "Yes , man," or mumi as he was called among the Sivai in th e
businessmen are bastards, but the best thing to do is let Solomon Islands, would attempt to excel the offering s
them loose, to fight it out among themselves, and ma y of the first .
the best bastard win . "
Harris describes the process :
Needless to say, conservative economists offer man y
other, more sophisticated arguments against the growt h A young man proves himself capable of becomin g
of the state . Most of what they say about the virtues o f a mumi by working harder than everyone else an d
free markets is luminously true . Nonetheless, thei r by carefully restricting his own consumption o f
essential view of the nature and motivation of capital- meat and coconuts . Eventually, he impresses hi s
ists, inherited from Adam Smith, is insidiously fals e wife, children and near relations with the serious-
and fails to explain in any convincing way the source s ness of his intentions, and they vow to help hi m
of economic growth and progress . It just won't do an y prepare for his first feast . If the feast is a success ,
longer to suggest that businessmen are bad guys, o r his circle of supporters widens and he sets to wor k
ambitious dolts, or self-serving money grubbers, an d readying an even greater display of generosity . H e
then conclude that if they are given maximum freedom , aims next at the construction of a men's club -
they will build the new Jerusalem : a good and bounti- house, and if this is also a success his circle o f
ful society . Capitalism needs no such labored and supporters—people willing to work for the feast to
paradoxical defense . The fact is that capitalism is good come—grows still larger and he will begin to b e
and successful not because it miraculously transmutes spoken of as a mumi . . . . Even though larger and
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3. larger feasts mean that the mumi's demands on hi s dollar, you both acknowledge a debt to him of a certai n
supporters become more irksome, the overal l value, and you pass on to him an acknowledgement o f
volume of production goes up . . . . debt given to you by someone else . But the process has
to start somewhere, with a giver and a gift, a feast an d
Helen Codere describes potlatching, a similar se-
a mumi, an investment and an investor .
quence of work and saving, capital accumulation an d
feasting, performed among the Kwakiutl of the north - By giving a feast, the mumi imposed implicit debt s
western United States : "The public distribution of on all his guests . By attending it, they accepted a
property by an individual is a recurrent climax to a n liability to him . Through the gifts or investments o f
endless series of cycles of accumulating property— primitive capitalism, man created and extended obliga-
distributing it in a potlatch—being given property tions . These obligations led to reciprocal gifts an d
again accumulating and preparing ." The piles of food further obligations in a growing fabric of economi c
and other gifts and ceremonial exchanges could moun t creation and exchange, with each giver hoping fo r
to dumbfounding quantities . One South Sea offerin g greater returns but not assured of them, and with eac h
mentioned by Herskovits consisted of 10,000 coconut s recipient pushed to produce a further favor . Thi s
and ten baskets of fish . spreading out of debts could be termed expanding th e
money supply . The crucial point is that for every
These competitions in giving are contests of altruism .
liability (or feeling of obligation on the part of th e
A gift will only elicit a greater response if it is based o n guest), there was a previous asset (meal) given to him .
an understanding of the needs of others . In the mos t
The mumi, as a capitalist, could not issue demands o r
successful and catalytic gifts, the giver fulfills an un-
impose liabilities or expand money without providin g
known need or desire in a surprising way . The recipient
commensurate supplies . The demand was inherent i n
is startled and gratified by the inspired and unexpecte d
the supply—in the meal .
sympathy of the giver and is eager to repay him . I n
order to repay him, however, the receiver must come to The next step above potlatching was the use of rea l
money . The invention of money enabled the pattern o f
understand the giver . Thus the contest of gifts leads t o
an expansion of human sympathies . The circle o f giving to be extended as far as the reach of faith an d
trust—from the mumi's tribe to the world economy .
giving (the profits of the economy) will grow as long a s
the gifts are consistently valued more by the receiver sAmong the most important transitional devices was th e
than by the givers . Chinese Hui . This became the key mode of capita l
formation for the overseas Chinese in their phenomena l
What the tribal givers were doing, by transcending successes as tradesmen and retailers everywhere the y
barter, was to invent a kind of money : a mode of went, from San Francisco to Singapore . A more sophis -
exchange that by excluding exact contractual planning ticated and purposeful development of the potlatchin g
allowed for freedom and uncertainty . Money consists of principle, the Hui began when the organizer neede d
liabilities, debts, or promises . By giving someone a money for an investment . He would raise it from a
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4. up of kin and friends and commit himself to give a made without a predetermined return .
es of ten feasts for them . At each feast a similar These gifts or investments are experimental in tha t
Junt of money would be convivially raised an d the returns to the giver are unknown ; and whether gain s
en by lot or by secret bidding to one of the othe r or losses, they are absorbed by him . Because the vas t
nbers . The rotating distribution would continue un- majority of investments fail, the moment of decision i s
every member had won a collection . Similar sys- pregnant with doubt and promise and suffused to som e
is, called the Ko or Tanamoshi, created savings for degree with faith . Because the ventures are experi-
anese ; and the West African Susu device of th e ments, however, even the failures in a sense succeed ,
-uba, when transplanted to The West Indies, pro- even the waste is often redeemed . In the course of time ,
ed the capital base for Caribbean retailing . Thi s perhaps even with the passage of generations, th e
de of capital formation also emerged prosperousl y failures accumulate as new knowledge, the most crucia l
3ng West Indians when they migrated to American kind of capital, held by both the entrepreneurs them -
es . All these arrangements required entrustin g selves and the society at large .
ney or property to others and awaiting returns in th e
ertain future . This new knowledge is a deeper kind than is taugh t
in schools or acquired in the controlled experiments o f
'hat supply creates its own demand is a principle of social or physical science, or gained in the experienc e
;sical economics called Say's Law . It has come to be of socialist economies . For entrepreneurial experiment s
tressed, and refuted, in many interesting technical are also adventures, with the future livelihood of th e
ms . But its essential point is potlatching . Capitalis m investor at stake . He participates with a heightene d
isists of providing first and getting later . The consciousness and passion and an alertness and dili-
nand is implicit in the supply . Without a monetary gence that greatly enhance his experience of learning .
,nomy, such gifts were arrayed in expectation of a n The experiment may reach its highest possibilities, and
nediate profit in prestige and a later feast of interest , its crises and surprises may be exploited to the utmost .
they could be seen as a necessary way to escape th e
straints of barter, to obviate the exact coincidence of This motivational advantage will often decide the
its and values required by simple trading . In mos t success or failure of enterprises or nations otherwis e
es, the feasts and offerings were essentially entre- equally endowed . Harvey Leibenstein of Harvard has
neurial . They entailed the acquisition of goods at a presented a large body of evidence which shows that
awn cost with the intention of acquiring in exchang e the key factor in productivity differences among firm s
n this case, over an extended period—goods o f and between countries is neither the kind of allocationa l
:nown value . As devices of savings and investment , efficiency stressed in economic texts nor any othe r
y depended for success on the continued honesty an d measurable input in the productive process . The dif-
nomic returns of all members . The entrepreneurs ferences derive from management, motivation, and
ceed only to the extent they are sensitive to th e spirit ; from a factor he cannot exactly identify bu t
ds of others, and to the extent that others succeed . which he calls X-efficiency . He quotes Tolstoy in War
ruism is the essence of capitalism . and Peace :
:apitalist production entails faith—in one's neigh - Military science assumes the strength of an arm y
s, in one's society, and in the compensatory logic o f to be identical to its numbers . . . . [In fact it] is th e
cosmos . Search and you shall find, give and you product of its mass and some unknown x . . .th e
l be given unto, supply creates its own demand . It i s spirit of the army . . . . To define and express the
cosmology, this sequential logic, that essentially significance of this unknown factor . . . is a proble m
.inguishes the free from the socialist economy . Th e for science . . .only solvable if we cease arbitraril y
ialist economy proceeds from a rational definition o f to substitute for the unknown x itself the condi-
ds or demands to a prescription of planned supplies . tions under which that force becomes apparent—
3 socialist economy, one does not supply until th e such as the commands of the general, the equip-
lands have already been determined and specified . ment employed and so on . . .and if we recogniz e
ionality rules, and it rules out the awesome uncer - this unknown quantity in its entirety as being the
[ties and commensurate acts of faith that are indis- greater or lesser desire to fight and to face danger .
sable to an expanding and innovative system . In other words, measurable inputs, such as thos e
'he gifts of advanced capitalism in a monetar y that can be calculated in a planned economy, do not
nomy are called investments . One does not mak e determine output . Leibenstein shows that productivity
s without some sense, possibly unconscious, tha t differences between workers doing the same job in a
will be rewarded, whether in this world or the next . particular plant are likely to vary as much as four to
!n the Biblical injunction affirms that the giver wil l one, that differences as high as 50 percent can aris e
given unto . The essence of giving is not the absenc e between plants commanding identical equipment and
all expectation of return, but the lack of a pre - the same size labor force that is paid identically .
!mined return . Like gifts, capitalist investments are Matters of management, -motivation, and spirit—and
4
5. their effects on willingness to innovate and seek ne w businessmen are among the most persistent and in-
knowledge—dwarf all measurable inputs in accountin g genious of donors and all of us who benefit should b e
for productive efficiency, both for individuals an d thankful .
groups and for management and labor . A key differenc e
How is it then that the contrary view is so prevalen t
is always in the willingness to transform vague infor-
in the world—that most observers of capitalism se e
mation or hypotheses into working knowledge : willing-
businessmen not as givers but as takers? There ar e
ness, in Tolstoy's terms, transferred from the martial t o
many reasons, including envy, ignorance, and the cor-
the productive arts, "to fight and face danger," to exer t
ruption of many businessmen by the snares of the state .
efforts and take risks .
But the key source of confusion is what can be calle d
Socialism presumes that we already know most o f the materialist fallacy : the belief that wealth consists
what we need to know to accomplish our nationa l chiefly not of human knowledge and creativity, gener-
goals . Capitalism is based on the idea that we live in a osity and love, but of a limited fund of "natura l
world of unfathomable complexity, ignorance, an d resources," always in danger of running out, and the
peril, and that we cannot possibly prevail over ou r accumulated inheritance of physical capital embodied i n
difficulties without constant efforts of initiative, sym- farms, factories, and machines .
pathy, discovery, and love . One system maintains tha t
This belief is one of the oldest of human delusions ,
we can reliably predict and elicit the outcomes w e
from the period of empire when men imagined tha t
demand . The other asserts that we must give lon g wealth was land, to the era of mercantilism when the y
before we can know what the universe will return . One
fantasized that it was gold, won through a favorabl e
is based on empirically calculable human power ; the
balance of trade, and continuing on to today when th e
other on optimism and faith . These are the essential
world believes that wealth is oil, and grasps at rea l
visions that compete in the world and determine ou r
estate and gold as well . Contemporary economists ,
fate .
liberal and conservative, make a similar error whe n
When faith dies, so does enterprise . It is impossible they define wealth as physical property and capita l
to create through the mechanisms of rational self - assets and measure it in quantitative terms .
interest a system of collective regulation and safety that
As long experience should show us, however, re -
does not finally deaden the moral sources of the will-
sources and machines are nearly useless without entre-
ingness to face danger and fight, that does not dampe n
preneurs and willing workers . Iran before the revolutio n
the spontaneous flow of gifts and experiments whic h
was replete with oil and factories, but all their re -
extend the dimensions of the world and the circles o f sources availed them little, because they lacked in th e
human sympathy . generosity and discipline of entrepreneurs . Hong Kon g
Walter Lippmann was much closer to the truth of th e and Taiwan have little material endowment, but thei r
system than many of its more conservative apologist s businessmen provide wealth for the world . Japan an d
when in 1936, in the midst of the Great Depression, h e Germany possess few natural resources and saw muc h
wrote that capitalism is based on "an ideal that for th e of their material capital destroyed during World War II ,
first time in human history" gave men "a way of but they have thrived by liberating enterprise . Through -
producing wealth in which the good fortune of other s out history, most of mankind has lived cramped an d
multiplied their own ." At long last "the Golden Rul e impoverished lives in materially affluent countries be -
was economically sound . . .and for the first time me n cause of an absence of the metaphysical capital that i s
could conceive a social order in which the ancien t most crucial to progress : the trust in others, the hope
moral aspiration of liberty, fraternity, and equality wa s for the future, the faith in a providential God tha t
consistent with the abolition of poverty and the increas e allows freedom and prompts the catalytic gifts of capi-
of wealth ." Once "the worldly policy was to be talism .
predatory . The claims of the spirit were otherworldly . "
Without these essentially spiritual dimensions, th e
But with the rise of capitalism "the vista was opened at
success of capitalism is inexplicable except where it i s
the end of which men could see the possibility of the
already occurring . The great flaw of the bastard capital -
good society on this earth . At long last the ancient
ism theory is that it cannot explain economic growt h
schism between the world and the spirit . . .was poten-
under the conditions where it is most needed : a de -
tially closed ."
pressed and impoverished economy in which there i s
To defend capitalism—even to understand it—you little to take, and as John Kenneth Galbraith ha s
have to comprehend that businessmen are not bastards, written, the most "rational" course is to accept one' s
but the heroes of the modern age—crucial vessels of poverty rather than fight hopelessly against it . Thi s
those generous and creative impulses that give hope to perception has prompted Galbraith and many othe r
an ever more populous humanity in overcoming its leftist thinkers to give up on further world developmen t
continuing scarcities and conflicts . In a world always and predict "lean years" of scarcity, entropy an d
divided in part between the givers and the takers, decay . A blindness to the spiritual sources of wealt h
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