One year later

7oops7 isn't quite a year old as the first post was almost September of 2007. The precipitating event is one year. As mentioned earlier, the interests are varied, including truth (as in lack of hubris, for one), engineering, finance, and many others.

On the engineering side, we get this from flightblogger, a Happy Birthday.

Now might be a time to review the past year in terms of releases, forums, and all the discussion. Of course, such analysis will take some time.

The anchor point would be the Release one year ago which talked about rolling out (ostensibly to fly) in seven weeks. Then, one can delta forward and backward from that point and look at who knew what or how (too, who is a cheerleader versus an analyst) there was so much confusion (Some seeds, posted 08/31/07; these have not been looked at since November of 2007 but expect an update).

On the finance side, the intent is still to explain that 'gaming' does not sustain an economy and that any scheme that indentures (as in debt to the fat cats) the populace to the nth generation as we see now is not sustainable.

Earlier, Minsky's ideas were used. Also, tie ins between engineering and finance were mentioned, even to the extent of comparing outsourcing to leveraging. We'll get into that more.

Too, we'll need to look at personal finance which lessons apply as well to smaller business, and perhaps broader.

If we look at E_S_T_A_T_E like this brief overview, we can go a long way toward a better framework. We will look more closely at: Earning, Saving, Tithing, Alms giving, Tax paying, Enjoying the fruits.

One might even say, in that order, as we are allowed to do in the USA. That second activity (Saving) is antithetical to what some have seen as a necessary part of the modern economy. "Alms giving" covers a lot of bases including the current encouragements to volunteer. The final action does not imply in any way that debt is required (beyond some reasonable amount - hey, mortgages were real nice before the madness of the past 10 years) nor does it make judgments about extents of spending, such as McMansions, et al, which will be as much controlled by wisdom (which is a growing set - even with the propensity toward greed) as by resources.

Remarks:

04/07/2012 -- Flightblogger ends, as least, Jon's watch. Some issues raised five years ago are still apropos. The context may have changed a little, yet, perhaps now is time to re-address the themes.

Modified: 04/07/2012