Financing an Economic Mobilization

In my recent article on the urgent necessity for an economic mobilization, I put forward the principle that “any trajectory of economic development, which is feasible in physical, technological and human resource terms, can in principle be financed.” This assumes, of course, that the nation has a minimum of sovereignty over its own economic and financial affairs, or can restore it by suitable actions; so that the necessary steps will not be blocked by interference or pressure from outside.

Economic Mobilization Now!

Sometimes it is necessary for a nation to launch a full-scale mobilization of its economy. In history so far this has occurred mainly during wartime, or in preparation for a possible war, in order to rapidly expand the production of armaments and other supplies needed for warfighting and defense. Today many nations of the world are faced with the need for a very different kind of mobilization: a mobilization which is necessary in order to reverse the accelerating process of social, economic and political disintegration which is threatening the very existence of civilized society.

Remarks on the Recent Explosion of a Falcon 9 Rocket at Cape Canaveral

On September 1 a Falcon 9 rocket of the company Space X exploded on the launch pad during fueling for a static firing test. The spectacular explosion completely destroyed the rocket and its satellite payload, whose launch had been planned for September 4. This is the latest of a string of failures which have afflicted the ambitious efforts of SpaceX company to greatly reduce the costs of space missions, through development of new generations of launch vehicles. On June 28 last year a Falcon 9 exploded in flight as a result of a structural failure.

Full Employment and the Struggle for Human Dignity

In recent years innumerable studies, books, articles, conferences and seminars have been devoted to the topic, “The Future of Work”. One reason is the prospect that in the foreseeable future robots will be able to replace human beings in most activities presently carried out by human labor, leading to the question of how mass unemployment can be avoided. Another reason is the growing consciousness of the fact that the political instability in countries around the world is rooted to a large extent in the worsening objective and subjective situation of their working populations.

Mass Participation in Scientific Research – Antidote to Cultural Decadence ?

In my book on the “Physical Economy of National Development” I propose that governments and other relevant public and private institutions should adopt a policy for engaging all or a large percentage of the population directly in scientific research. Most people would participate as volunteers or “hobby scientists” taking part in important large-scale scientific projects in areas such as astronomy (including planetary research) biology, medicine and the Earth sciences. If organized in a suitable way, this policy can have enormous beneficial effects in cultural, social and economic terms.

The First Detection of Gravitational Waves: A Triumph of Science and Technology – But What Does It Mean?

The February 11 announcement of the first successful detection of gravitational waves by the LIGO Observatory in the United States is joyous news, and a welcome contrast to the rather depressing panorama of world events in the preceding period. This breakthrough provides a good occasion to reflect upon the strengths and weaknesses of science in our present era.


Cold Fusion: A New Perspective

Recently there have been reliable reports that some big U.S. investment groups as well as at least one of the biggest U.S. high-tech companies have decided to invest large amounts of money into the development of so-called “cold fusion” as an energy source. There is reportedly now a race for control over patent rights, manpower and laboratory capabilities relevant to achieving that goal. The reason for the sudden burst of interest from the side of U.S. businessmen is not yet clear. At the same time, the U.S.

Breakthrough areas of science

Here 18 areas of scientific research are identified and discussed in which revolutionary breakthroughs can be expected. The document was written in non-technical language for a special occasion in 2007, but should still be of interest. I hope to be able to revise and update it later this year -  JT