Scot Wick Blog

  Mostly summarized from Gregory Mankiw’s Principles of Economics, 5th Ed. PART 8 The Data of Macroeconomics Chapter 23 of 36 Measuring A Nation’s Income Section 3 of 15 … Figure 1 - The Circular-Flow Diagram Households buy goods and services from firms. Firms use their revenue from sales to pay wages to workers, rent to landowners, and profit to firm owners. GDP equals both · the total amount spent by households in the market buying goods and services · the total wages, rent, and profit paid by firms in the markets for the factors of production … Starting with households, following yellow line inner circle and moving clockwise: 1-households sell labor, land, and capital in the markets for factors of production to firms 2-firms use the factors to create goods and services 3-firms sell goods in the markets for goods and services to households 4-households consume the goods and services Starting with households, following green line outer circle and moving counter-clockwise: A-househ...

  Fumiko Scot's information: Weight at 165 pounds, got to 160 pounds five years ago and have recently been bouncing between 163 and 168. Common sense ways to lose and keep off weight are eat right and light and get lots of exercise. Main exercise is walking, do 1~2 miles most days. Over career worked as a salesman in the steelmaking, fasteners, and auto manufacturing industries, lots of travel in U.S., Canada, Mexico, and Japan. Have visited every U.S. city with a major league, MLB, NFL, NBA, NHL, sports team except Sacramento, have gotten as close as Travis Air Force Base. Often traveled on Sundays, much time on the road so could not eat right and get enough exercise so got heavy, up to 200 lbs. Was on commission and made enough to retire early, now eat right and light, and get enough exercise. Now am spending most time reading and writing. Our Wick branch goes back to the brother of owner of the Wick House at Morristown National Historical Park in Morristown New Jersey, and on ba...

“The world we see that seems so insane is the result of a belief system that is not working. To perceive the world differently, we must be willing to change our belief system, let the past slip away, expand our sense of now, and dissolve the fear in our minds.” - William James “All experience has shown mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed.” - Thomas Jefferson “Wherever good fortune enters, envy lays siege and attacks it. And when it departs, sorrow and repentance remain behind.” - Leonardo da Vinci “Struggle is the indispensable accompaniment of progress. If men were entirely social, man would stagnate. A certain alloy of individualism and competition is required to make the human species survive and grow. Without qualities of an unsocial kind men might have led an Arcadian shepherd life in complete harmony, contentment, and mutual love. But in that case all their talents would hav...

Newest edit of HAT Manifesto Part 2 of 2 - Hypothesis and Novel Story Summary Go through and edit parts 1 and 2 three times a year and every time add and change much. It’s All jest a brainstorming attempt at a concise science fiction novel. … Logical and spiritual, literal with liturgical. Current Old and church bells-broken mainstream religions might seem non-efficacious. But these fundamentally teach us philosophy needn’t be completely nor even nearly logical and reasonable, as HAT might at first light seem to be. They preach wHATever We believe to be true is true, assume often as good as or better than proof, wHATever reality We believe to be real is really real, our faith is the faith, our church is tHAT HATrack church. On own Deism realism is too true to be New, sterile not fertile, but in combination with HAT tHAT is God’s salvation. Music, art, love, faith, dreams, myths, and religion teach and preach ignited “unreasonable” passion, above reason, emboldens and enables action and...