Monday, March 4, 2024

Manufacturing PMI Contracts Slight Environmental Supply Chain Issues (Feb 2024)

Manufacturing information from Institute of Supply Management has been released and it may make you a bit confused because there is growth in some areas and a few declines in others. 🤔🤷 Read Manufacturing PMI® at 47.8% February 2024 Manufacturing ISM® Report On Business and then consider the following highlights and info to ponder what is going on in the market and how that could potentially impact U.S. manufacturing as it seeks to become a stronger powerhouse serving the global market with leading edge outputs. 

(What I'm looking at from a research standpoint is platform changes where manufacturing and GDP is functioning on a higher economic platform level overall. That might include more adaptability and much more human capital creativity. It will likely come with some positive and negative aspects of society but they are generally from a national/species standpoint going to be positive on a long tail trend. Economic Sociological Platforms)

The highlights,

1. ISM manufacturing PMI falls to 47.8 in February
2. New orders, employment measures decline
3. Construction spending slips 0.2% in January

Moving a little deeper into the data we find that overall the economy is still growing. New orders declined but exports have risen substantially. Exports are a wealth generator for nations such as the U.S. and when at the highest point of value creation within the supply chain can propel growth (Assuming profits are invested back into the U.S. economy at various places to push innovation and growth.)

Both the new order contraction and the new export rise could lead to emerging trends. A number of months must pass before we can say either are a trend and beyond normal fluctuation. (Contributions GDP from Exports, '23)

What we can say is that 3/6 Fabricated Metal Products; Chemical Products; and Transportation Equipment are rising and these are more fundamental to economy.

Just to throwing out an idea.... 

Geopolitical issues may have an impact on both orders and exports. For example, if the supply chain is becoming costly than companies may wait on unnecessary orders to a later date. Hopefully, the contraction is short lived.

You may be interested reading on how supply chain issues can impact monthly fluctuations in GDP. By extension it would impact indexes that measure growth and decline of manufacturing. "Both DL and ANN outputs empirically (and unanimously) demonstrated how sensitive monthly GDP variations are to dynamic changes in supply chain performances." (Shazad, 2023, para 15)

Likewise, new orders could be related to shifts in the broader supply chain as decoupling of large economies occur. No one can say for sure because there just isn't enough information and as soon as the environment shifts, the numbers might shift.

We have a lot of things we can still do to improve our mid and long term prospects in the U.S. as it relates to human capital, SME, innovation, and manufacturing. That also includes more broad based capitalism by improving incentives at various levels of society as pathways to human capital and business development. 

Growth could continue to strengthen based on more recent updates to our infrastructure but we will have to see what the long term trend indicates. 

The central infrastructure that allows for companies to succeed on a micro scale through the many trillions of transactions that form an economy could  find a level of cross structure synergy (Cross Structure Synergy ). In hypothetical terms value, velocity, and reach of those transactions influences growth.  

(I also found a nice article in Reuters. 'US manufacturing contracts further, rays of light on the horizon')

The following is quoted, 

MANUFACTURING AT A GLANCE
February 2024

IndexSeries Index FebSeries Index JanPercentage Point ChangeDirectionRate of ChangeTrend* (Months)
Manufacturing PMI®47.849.1-1.3ContractingFaster16
New Orders49.252.5-3.3ContractingFrom Growing1
Production48.450.4-2.0ContractingFrom Growing1
Employment45.947.1-1.2ContractingFaster5
Supplier Deliveries50.149.1+1.0SlowingFrom Faster1
Inventories45.346.2-0.9ContractingFaster13
Customers’ Inventories45.843.7+2.1Too LowSlower3
Prices52.552.9-0.4IncreasingSlower2
Backlog of Orders46.344.7+1.6ContractingSlower17
New Export Orders51.645.2+6.4GrowingFrom Contracting1
Imports53.050.1+2.9GrowingFaster2
OVERALL ECONOMYGrowingSlower46
Manufacturing SectorContractingFaster16

Shahzad, U. et. al, (2023) 'GDP responses to supply chain disruptions in a post-pandemic era: Combination of DL and ANN outputs based on Google Trends", Technological Forecasting and Social Change, vol. 192, 122512, ISSN 0040-1625, https://www.sciencedirect.com/science/article/abs/pii/S004016252300197X

Sunday, March 3, 2024

Big Bear Eagles Hatching Live

 I saw these two in the middle of last year when in Big Bear, CA. This is interesting to watch two eagles come into the world. I like nature and think it should be protected. I mean, who gives us the right to destroy the environment? We are like only one species on the globe. Ok I know its sort of a silly argument but it makes you wonder what progress actually means in the long run. Ideally we should coexist with minimum economic impact. I think there are ways to do that.

The Concept of Freedom: Pandora's box of hate and extremism

Protecting extremism and enrichment off of extremism is not the way to go in this nation. Imagine if hate crimes typically went unreported, witnesses are ignored, evidence buried, community concerns sidelined and the perpetrators are given a free passes based on close religious and ethnic social connections.  Such situations would likely socially prompt concerned citizens that deep seated dislike of "others" (that can be by any "other") is normalized and encouraged legally and socially on an implied and sometimes semi-official level. Its always important to strengthen the foundations of our democracy and that comes from trust.

Extremism can warp the application of laws and sometimes it breaks them in full view of others in a way that signals such behaviors are acceptable methods of dealing with minorities (Science of signaling and expectation setting.). Free passes do have consequences and this is why we must ensure integrity throughout the system to make sure that it is oriented true north based on our nation's shared goals and central commitments. That is despite which way the political winds blow. Politics should strengthen our democracy and not be counterproductive.

Let us further this illustrative hypothetical example (illustrative only)....

One of the leaders of a local hate group said through a proxy that they were targeting the family because they were Muslim. (There was also a financial and social incentives to these behaviors.) They went after the kids, reputation, job, biased hiring, friends aggression, called the targets names, invalidated their concerns, harassed where they found them, ostracized, launched false investigations, violated privacy, rejected them from jobs and much much more. Based upon a large group of public mockers and aggressive posturing and comments it was not seen as an idle immature threat. More than once serious intimidation was observed by officials, in some cases participating, and they swept it all under the carpet in full view of numerous other officials that were supposed to be protecting the community. (This is why I would encourage those who feel silenced to report these behaviors to federal agencies so they can track and understand these incidences.)

(When people do bad stuff as a group and when there are interconnections between social and official positions, generally the law or values are seen as less important than social networks. We see this on a national scale in politics today where both sides cannot see the value of the opinions or rights of the other. A mental distortion that makes its way into local courts and sometimes legal tactics where extremism has become embedded. We owe it to good officers and the institution to preserve the integrity of the justice system and remove corrupted actors while promoting good actors that protect the public. We should love our police and ensure they can do their job without the influence of hate groups or corruption. Protestors and police have a shared stake in our future but politics creates divisions where normal allies would have been found.)

Others have come forward with similar complaints and these were also in pattern ignored by the local judges and some officials (Some are good and some are haters. Most try and do the right thing but there are cases where there are no ways to correct poor behaviors because those who make a decision over them have bias themselves.). No matter how bad it got, they continually sought to target, arrest, harass and potential serious injure or worse to the targets (There are complaints that a similar local group raped a young girl in back of the car and then stalked her until she killed herself. Maybe true or maybe not but it fit into the context of similar behaviors. That is a concern.). The perpetrators knew they had immunity before, during and after their 5 year wave of cleansing behaviors (Keep in mind others came forward with similar complaints so its possible its a long term pattern that isn't corrected.).

(When it comes to minorities or anyone else, even though they be a majority of society, there are few rights that will be withheld when politics and political distortion make their way into our daily lives in a dangerous and unfair way. Extremists don't see their behaviors as dangerous. They brag about sadism through false logic. If you trace it back you will understand their assumptions of value about themselves and others. Actually worse about themselves that is projected on others. Many times when we hate, we dehumanize, and that leads to not seeing the rights of victims as more important than the rights of perpetrators.)

Lets continue on with the silliness (This example gets more bizarre as we keep going 🤯).....

These hate groups and affiliate officials used intimidation and threatened violence in retaliation of legitimate complaints to force victims into silence; a seemingly shared experience. Freedom of speech and religion was boldly violated in ways that would be more accustomed to third world nations. The local judge was likely aware that these groups were conducting these paramilitary acts of white extremism against local citizens but failed to correct the perpetrators. The message? "there are no rights for minorities and they have no value in our society." We Americans are more important than heuristic understanding's and of course we were a big part of building this nation...still are! The future belongs to all us from the work we all did in the past and present.

(This is an example for illustrative purposes only but there are people who do experience similar types of behaviors so its a good example to think about. You can switch the Muslim example out for any other religion or race. Black, Jewish, Arab, Hispanic, Asian, etc. where there are extreme bias against them by people who do not have a moral right to judge them, themselves, or anyone else.)

My opinion is different then far left or right, because I take a sociological view to these issues from a wide and narrow perspective. Morality is part of that discussion but is more a broader spiritual value and legal perspective of strategy. The types behaviors are based in clannism and has racial and religious overtones. i.e. trying to arrest Muslims on holidays (switch the religions its ok. Its just an example.). One could make an argument local courts didn't have knowledge of what extremism is but they do have access to general moral and legal codes that would have prompted them to act to ensure integrity. Hate or not, these were already illegal and immoral behaviors so it leads to a bigger issue under the surface (Needs an instigation maybe. Maybe not? ðŸ¤·).

Extremism and group hate opens a Pandora's box of other looming problems that will likely raise their head in the future. Not everyone who supported the hate narrative understood the deep dysfunction of the perpetrators or their intent. However, they should have known the behavior was dangerous and wrong. It appeared through other complaints that it was a long stemming problem of intentional ignorance. The good and bad all swept into the box. That is unfortunate because most are good people but they have had their honor stained by "bad apples" (Notice the broad implications on how national politics influences local perception to create justifications for illegal and immoral behaviors. It can also work the opposite way to strengthen our values and that is where our efforts should be sought.)

Stronger focus on freedom would have ensured the cultures of those departments were aligned to our values as a people (i.e. the collective people and the Constitution.). Proactive measures might have uncovered a few bad actors and corrected the situation quickly but a type moral negligence and disrespect towards the Bill of Rights led to increasing distortions that were easily manipulated by someone who had multiple ulterior motives for launching such venom. They were easily manipulated because of their homogeneous perception of others and outsiders. Fraternization.

We can't support hate on a semi-official level or talk out of both sides of our mouth. Freedom and oaths ensure that we continue to push for a safer and fairer society that protects the rights of everyone White, Black, Muslim, Jew, Republican, Democrat,  Hispanic, all of them! We have a collective stake in ensuring integrity and trust in our shared futures. Those who knew they were committing crimes and free passed it are culpable in promoting hate and corruption. Excellence is by habit not by complacency. 

I looked at the stats below but I don't believe they are accurate. In the example above, the area doesn't report hate crimes for one reason or another. Some people engage in them and they are free to do that but lack of reporting, follow up, or correction indicates a cultural perception that doesn't solve the problem. The victims eat the moral and legal failures of those who were supposed to be protecting them...the process of blaming the victims. So most of these stats are underreported because they would be subconsciously understood and coded as other types of crimes. Sometimes intentional and sometimes not (For example they say they aggressively targeted because they don't like that person but it may not be reflective. Official vehicles might have been use. This example is getting nuts! The bias distorts their interpretations and understandings. Being consistently polite, friendly and helpful didn't seem to factor into their perception because they anchored that family to distorted perceptions of Muslims in the media in a way that dehumanize people.) Murder and Extremism 2023 and Most Major Cities Saw a Surge in Hate Crimes

Some questions to ponder. Move beyond politics to essential purposes. 

1.) What does free passes for hate and enrichment off of that hate mean? It can mean to some that there are different rules for different people. Hate is a lucrative game designed to control, harm and enrich off of others. This is not what we need in a modern democracy. There are few to no backstops when these things occur. We are getting better but they still persist in some places. 

2.) What does it do to victims? It makes it expressly clear that these behaviors are normalized and will be repeated at some point in the future (or the risk of that.). It dehumanizes the victims and their contributions and ensures they are left with the understanding they are not full citizens with full rights simply based on their religion and/or race. Of course not everyone believes that, and it might not be true, but in incidents like confirm those perceptions. We should correct that and ensure we are all under same banner for the long term health of the nation through shared value formation.

3.) What does it say about system integrity? While it might work reasonably well in most places, in this example it appeared intentionally the opposite. They were trying to violate peoples rights by mixing extremist values with false sense of legitimacy into official positions. Where these free pass clan systems exist, the rights and complaints of citizens seemed intentionally thwarted/retaliated against making future decisions open to questioning. More checks and balances may be needed to maintain integrity.

4.) What does it mean for our values? Studying different religions and religious figures (not trying to be religious but let use Jesus because most know of his good message) that morally such things as hate, throwing stones, disrespecting Gods created life, etc. are not part of the deeper religious values but a distortion of false religious justifications for poor behavior. Almost non of the primary spiritual leaders in history advocated for dishonesty and aggression. They were mostly peace makers that are different then some of the religious leaders today. It also indicates that the Bill of Rights, Constitution, and liberty itself is not agreed upon or supported by everyone. The essence of values learned from historically significant religious texts are easily manipulated for self purpose (Something these religious text warn against  the false premises that lead to poor judgement. You can discuss any religion you want I'm just using the Judeo-Christian-Islamic perspective for this example because these are the most common and influential in the U.S.. In my perspective and somewhat purist values, I believe we should protect all religious practices and not violate Freedom of Religion for unGodly, immoral, unethical, or spiritually defunct justifications.)

(There are many examples of philosophers of God and their good messages. However, just because people say they follow them doesn't mean they actually do on a deeper moral level. This moral confusion is one thing that most of these philosophers warned against as dogmatic self interest placed above the essential intent of the message. You now can see why the intent of laws can be thwarted for obscure technicalities when the most sacred values are misapplied for ideological purposes. i.e. extremists! In other words, extremists perceptions are so broke at their subconscious root they struggle to correct themselves.) 

4. How might extreme bigotries and overt hate relate to the needs of the next generation? The next generation is very diverse and they are unlikely to protect corruption and intentional thwarting of national values. They want opportunities and fair treatment and these free pass clan based hate systems are, and always have been, antithetical to a healthy future. They will likely change them and hold to account those who protect poor behaviors. Let us be proactive and make the changes needed....versus foot dragging...free pass....and more derailment of trust and purpose.

5. On a wider scale why is this important?: Anytime we minimize the rights and values of a percentage of society we are not able to draw their human capital and contributions for the benefit of everyone. Actively minimizing rights is not wise and sign of bigger issues. We do have millions who complain and for the most part we make a few changes and they go home until the next event. However, these events on sociological level are become more common and that is a sign of value changes rubbing against those with rigid hate ideologies. We just need to look at trust levels and demographic info to understand that (In one ear and out the other.).

6. Let us pretend your one of the victims and the outcomes seem corrupted. The perpetrators enriched off of violence, the group who chased and mocked you feel no remorse, the judge who gave them a free pass will still be making decisions over other minorities, community complaints were not investigated, and there has been no correction to ensure others rights are or will be protected. You might think about why perpetrators were given free passes. 

(Keep in mind that two wrongs don't make a right. You don't correct by becoming like the perpetrators. That is the last thing you want to do because you respect what our nation stands for and the sacrifices people made. You correct by learning and encouraging others to reach for the greatest heights of human freedom and positive community engagement in constructive ways. You become better than the persecutors. Something deeply embedded into our religious, ethical, and national moral codes. Correction will come because the cancer of hate is a disease that will spread to a point its untenable to placate.)

(Interesting note: If you survive the first wave of ethnic-religious cleansing and you will discover a gift they gave you-insight into why our national values are so important. Can you look your kids and grand kids in the eye and say, "I have done everything in my legal/moral power to protect and preserve the freedoms we earned from the sacrifices of the past and the opportunities that will help you in the future.". You know that extremism, hate and corruption should not be normalized and you push against that. I wonder what extremists say to their kids and grand kids? We need one indivisible society. )

When these things happen why do you think they free pass such hate? What's your opinion? Far right will likely look down on minorities (now majority of society) and if you are far left you are likely to think there is intentional complacency and protection of violent hate. I'm in the middle because I cannot rule out decisively either because there are examples. I can only say it is possible and likely occurs in other places as well but the extent would need to be studied. I think the perpetrators who intentionally violated laws should be held to account and that local systems that went afoul need to be corrected to ensure integrity and trust of the general population. More importantly to protect the public. Local complaints against good old boy networks and prior crimes should be investigated. 

In this example, based upon the immunities before, during and after cleansing behaviors indicates future violence is expected against minority groups. Assuming behaviors are based on values, behaviors are patterned and behaviors are likely to be repeated because the essential values or perceptions have not changed. The perpetrators are free to do whatever they want when want to. A display of a justice default.

I hope in the future as young people come forward and pick up the torch that we nearly snuffed out in our generation (i.e. Jan. 6th tail gate party vs violent coup), that they understand the struggles our fathers/mothers and grandfathers/grandmothers sacrificed to ensure freedom and liberty. There are those who don't respect those sacrifices and are trying to push for the return of segregation and two distinct societies. Where these free pass hate systems reward crimes and intentional corruption, they are antithetical to that more noble struggle that is the central reason for our nation's existence.  Lets move beyond post segregation society to a universal democracy where we are all free and at our highest competitive state. The best way to do that is through protecting our values, wisdom, kindness, science, learning, sharing, strategy, helping, and all the good things that push out the destructive power of hate and fulfills our purpose as a people (Feel free to discard...theoretical dribble dribble.) 

Just in case you don't understand, freedom and civil rights is what we stand for nearly everyday in our oaths. Some of us believe and some of us just blindly repeat the words. You have the power of the vote! Use it to make positive proAmerican change! Vote out anyone who supported and protected these extremist leaning values to protect the integrity of the entire system. You, as young Americans, have that power on your finger tips this year and that will continue on for about 30 until another generation updates values again. Voting out hate group affiliates and their judicial protectors is the way our democracy thrives and ensures it corrects the sins of the past. Always focus just over the horizon on an inclusive high performing society. 

"I pledge allegiance to my Flag and  to the Republic for which it stands: one Nation indivisible, with Liberty and Justice for all." Pledge of Allegiance (In honor of those who fulfill them everyday.)

*This is a hypothetic example for illustrative purposes. I'm a lover of police and I'm a lover of  civil rights. It is possible to love both. All Americans can be valued members of our society and working toward the same lofty goals that lead to national development. Hate, corruption, and extremism take aware from that ability.

Saturday, March 2, 2024

How Civil Rights Organizations Improve and Protect the Integrity of Justice Systems

Civil rights organizations help systems stay on track with their oaths and responsibilities. Sometimes they jump the track and that is based in the human condition related to things like bias, bigotries, self interest, corruption, good old boy networks, and misunderstandings of national purpose. Because there are often not enough checks and balances within these systems when then go afoul of the intent of our laws, they also then violate our more sacred societal oaths to a wider group of stakeholders

Those organizations that focus on the greater purpose of ensuring people are treated fairly in society without different rules for different people are doing a service to societal development (Different than a political axe to grind organizations that might skew the purpose of human freedom for less noble objectives.). We all have a stake in making sure we are maximizing our human capital and stepping into the future of our nation in fulfilment of our social contracts.

Public Trust and Confidence and Trust in Justice Project 

In my running hypothetical example where one can target minorities, enrich off of manipulation, take advantage of sick veterans, can use intimidation to cleanse their town with complete immunity is not what we stand for as a nation. Civil and human rights organizations make sure we walk the talk in our professed values in a way that builds greater justice trust and a more inclusive society.  There are places where recourse is thwarted and more enlightened paths intentionally hidden.

(Those who respect their nation try and build togetherness while those who disrespect our histories try and create differences. That is why we use the word "indivisible" in our Pledge of Allegiance. ) 

In other words, civil rights organizations are doing a greater service to society when compared to those who allowed bad behavior to happen and then protect it once it was complete through wink and  nod justice. These are the problems that many minorities face as different application of laws for different people creates different perceptions of society. i.e. Americans/"Americans" (We need to be one.). Excuses are inappropriate for those who want to build stronger societies.

(For example, some spotlight seekers have made civil rights into political issues that hype crowds such with police vs. protestor where a solutions focused discussion would have been most helpful for all stakeholders.  One can respect the dangerous and often helpful work police do and we can at the same time respect the message of needed improvements we gain from protesting youth. Finding ways to take that information and adapt a system and solve problems that builds trust is called "rationality" or even scientific rationality . Those who have an even keel perspective are the type of people we need in leadership positions. Civil rights are to ensure we all work under the same understandings and have chances based in our merit as a person and not the subjective perceptions of those least likely to stand for our collective values.)

Civil rights help hold certain bad actors to account and that protects citizens and preserves our stated and implied social contracts. When done with the big picture in mind, i.e. liberty and justice, they are an important part of maintaining the health of our democracy. There is no politics when it comes to very purpose and soul of our nation. We must have a unified voice that all Americans should be treated with respect and integrity as valuable members of our growing, striving and in some ways emerging society.

 (Technically its still emerging into a universal democracy from older segregation perspectives. i.e. official laws make discrimination illegal but unwritten rules often allow these things to happen.)

Maintaining system integrity is a choice and habit that is directive by nature. We do it well and it thrives and if we don't do it well we have lower trust. I always advocate for marching forward to solutions versus backsliding into moral chaos. Anytime we can build trust, we should do it, and anytime we can problem solve we should do it.  Justice brings a level playing field and civil/human rights keeps it pointed toward to its most beneficial strategic outcome-liberty.

Here is my suggestion as a humble servant of society. I support civil rights when they have a clear intent to improve the lives of citizens through encouraging fair and equitable treatment. When done well it attracts people and extends to solutions such as helping support economic growth through merit based opportunities. It creates a new way for stakeholders to see the world around them and that is important. The message of freedom, human and civil rights should not be skewed for any political purposes. (i.e. civil rights teach others to think about all of us as valuable citizens with inherent God given rights.).

Thus it is my suggestions to support our civil and human rights organizations who are trying to do good least our rights are taken away or the torch goes dim (see hypothetical example above). Patriotism is more than surface symbolism, it requires meaningful and reflective thought on the essential purpose of justice and how those freedoms are protected.  Our very purpose as a nation is to increase freedom and universal fair treatment that leads to economic and social advancement for all of us (It is rooted in philosophy, cultural underpinnings, moral conscious and economic science..).

Civil Rights as Determinant '18 and Religious Discrimination '19 and DOJ Hate Crimes '23 

“Good actions give strength to ourselves and inspire good actions in others.” Plato

*This article is designed to get people to think and ponder. It is for illustrative purposes only. Feel free to click off and enjoy your day. 


Thursday, February 29, 2024

Banana Bread and the American Baker's Association (Digital Nomad Sweetooth)

One of the things digital nomads can do because they work from home is to cook (Ok sometimes clean, cook, twiddle with something, workout, whatever! Just get off the chair.). First, cooking is fun and with lap tops and stuff you can pretty much work from anywhere. Why not work from the kitchen? Some good ideas come up when you are doing something else. 

King Arthur
Banana Bread History

Ok, my banana bread was a C+/B- but it really wasn't the point of baking it. Mostly I bake and leave it to my college age kids to devour. I might have one piece at like 250 calories or something.

(Trying to do a little fitness training on the side and some local firefighting so I want to stay in shape. Most firefighters die because of heart attacks during bouts of extreme exertion and that comes from not staying in shape.) 

I quoted the following from the American Baker's Association

"Bakers are found in all 50 states, in the District of Columbia and Puerto Rico. The baking industry employs almost 800,000 skilled individuals, generates over $42 billion in direct wages, and has an overall economic impact of over $186 billion."

Baking is great business! I have noticed in some nice towns bakeries and coffee shops. They are social hubs and popular for digital nomads. People also love fresh bread. Biking around I sometimes stop and buy a loaf. Maybe it costs me $5 instead of $2.50 or $1.50 for the cheap processed stuff but all that money stays local in a way that enhances communities. 



PNC Survey Show Small Business Optimistic (Feb 24)-Broader Conception of Economy

You will be surprised by the positive information below as it relates to small business sentiment. The PNC report shows that small business is becoming increasing optimistic about their prospects and that is a good thing. It is important because small business can increase innovation, broader economic opportunities, and improve alignment to the market (i.e. rising investments, manufacturing, business, etc.). When developing a stronger national economic agenda small business will be central to developing emerging future businesses that attract investments.

(Small business Innovation  and Senate Innovation and Research)

Opportunities are rising at various levels through broader societal development. As we create more opportunities for entrepreneurs, middle, working, and creative classes we strengthen the foundation of capitalism by ensuring proper circulation of money and opportunity. It is that circulation which leads society to continue to adjust toward market alignment. 

Organizations and nations that are market oriented are going to grow faster then those producing products that are not market aligned. From my theory development on economic clusters one might consider that a cycle of creative destruction occurs through reallocation of resources to their highest value (i.e. supply chain, service, manufacturing, skill, etc.). The theory is based in part on a broader implications within a small focused locality. A type of optimization grinded out through societal adjustments.

The process of adaptation makes little difference if we are talking about a cluster, a town, or a nation because they are based in human ability to make decisions to resolve challenges big and small. It is choice and wise decisions over assets that leads to economic growth and social enhancements (when given valued weight in decision making). We put our money and effort in the right places and we will grow and if we waste those resources, or can't make strategic decisions over them, then we will begin to shrink (Two important considerations is the need to improve economic growth opportunities and quality of life aspects of full national development.)

(Are Schumpeter’s Innovations Responsible? A Reflection on the Concept of Responsible (Research and) Innovation from a Neo-Schumpeterian Perspective)

'PNC Survey Shows Business Owner Optimism Continues to Soar Amid Improving Economic Conditions'
(Quoted below)
  • 55% of small and mid-sized business owners surveyed are optimistic about the national economy.
  • 79% are highly optimistic about the prospects of their own business.
  • Inflation pressures are easing with fewer than half expecting to raise prices in the next six months.
Very nice article by Megan Cerullo 'Small business owners report growing optimism about the U.S. economy'

Wednesday, February 28, 2024

Hiking the U.P. and National Hiking States (Polar Creek 24 Photo)

Hiking is one of those activities that come natural to the Upper Peninsula of Michigan. We are surrounded by woods and nature. The other day I was in Marquette the other day which is our cultural center and Escanaba is our growing tourist and investment destination. 

If your interested in some basic stats on hikers Top Hiking States '23

As a hobby photographer I have my own art gallery. I'm not saying its good but whatever I try! Not sure on the Polar Creek picture but thought I would include it so the hike had some benefit beyond fitness. :(

A higher quality version of picture is in 
the gallery. Polar Creek '24