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Re: Don't call me a racist or a tea-bagger and I won't throw bricks thru your windows -
Betcha the houseboat has some windows! :D
The whole concept of "demand-push" seems to me to be nothing more than the supply-side making an attempt to re-cast itself. The "push-based supply chain", as KMH describes it, is simply the producer saying "Here's this new product that consumers WILL want!" and making an educated guess with respect to how many units to produce to satisfy a demand that does not yet exist.
At any rate, if we want to stimulate the American economy, it's high time we stopped trying to do it from the supply side (as we've been doing it since Reagan) and shifted to a demand-based stimulus, by taking the 2 following steps - (1) CREATING JOBS IN AMERICA - because people who don't have jobs can't buy much, thus cannot participate in the marketplace, and (2) re-balancing our import-export ratio, perhaps by means of tariffs, etc., and actually manufacturing products HERE!
TLC need to be renamed TLCD: The Lowest Common Denominator
Oh God please please please let Palin sign on as a third party canidate!!! Oh pleeeeaaaassssseee!!!!
I understand that Palin's documentary is budgeted for $1 Mil per episode, not that Palin gets $1 Mil per episode.
@KMH - I think you mean David FRUM ... David Fromme is somebody else.
hhmmm... more on the demand pull versus push...
The Demand-Pull Supply Chain System
With a push-based supply chain, products are pushed through the channel, from the supplier to production through to the distribution organization to the retailer. The manufacturer establishes orders and production at a level in line with historical ordering patterns from customers. The distribution points forecast orders based on what it believes will sell. When the market doesn’t react as it has in the past, it takes some time for the push-based supply chain to respond to changes in demand, which results in overstocking or bottlenecks and delays (the bullwhip effect), unacceptable service levels and product obsolescence.
In a pull-based supply chain, procurement, production and distribution are demand-driven so that all activity is based on actual customer orders, rather than forecast demand.
The pull demand system controls inventory investment, thus stabilizing supply chain performance, allowing supply chain managers to make rational tradeoffs and decisions regarding supply chain variables and performance.
http://www.pinnacle-strategies.com/Demand-Pull%20Supply%20Chain.htm
@Charles, maybe God celebrates with shooting guns ;-)
http://fora.tv/2010/02/22/Joseph_Stiglitz_Freefall#fullprogram
The above link is for an hour long Q&A with Joseph Stiglitz where he explains how we got to this point and where we are going from here. He is a pessimist and says it will get worse before it gets better. This is worth a listen because he basically expounds on Thom's Economic point of view. It's Heavy!
Thom, do you have the links to your geeky science news?
Thanks!
@KMH I don't think Thom talked about it, but it was on MSNBC last night.
BTW-- do y'all know that David Fromme was fired from the American Enterprise Insttitute? Did Thom announce this today? Think I heard it on Bill Press.
Nels,
God, maybe. I still think its was a local celebrating healthcare passage.
Bullet falling from the sky randomly, or is God sending Cantor a message?
KMH,
It snowed in Dayton last night so Al Gore must be wrong.
@KMH, thanks for the link, went there, signed it, passed it on.
Just thinking, perhaps the term Milton Friedman is too sacred a monument to desecrate in order to get what we want-- maybe we need to start thinking along the lines of new models. Am learning demand-pull theory from Daniel Kammen- Director of Renewable Energy Lab at Berkeley, and aide to President Obama as I understand.
Measuring the role of technology-push and demand-pull in the dynamic development of the semiconductor industry: The case of the global DRAM market
Purchase the full-text article
References and further reading may be available for this article. To view references and further reading you must purchase this article.
Wonjoon Kima, Corresponding Author Contact Information, E-mail The Corresponding Author and Jeong-Dong Leeb, Corresponding Author Contact Information, E-mail The Corresponding Author
aKorea Advanced Institute of Science and Technology
bSeoul National University
Received 1 June 2005;
accepted 1 July 2008.
Available online 11 November 2009.
This paper reexamines and resolves the long dispute over the source of technological innovation by suggesting an integrated technology-push and demand-pull model. We derive an equilibrium model within the framework of differentiated product analysis and explain the dynamic interaction between these two sources of innovation. Based on the empirical analysis of the global DRAM market, we show that the relative importance of technology-push and demand-pull in technological innovation is described by an L-type curve which describes the phenomenon where technology-push is greater than demand-pull in the early stages and then decreases as demand-pull becomes greater. Our finding suggests that the role of supply and demand is different in inducing technological change and their relative importance changes with product development over the technological life cycle; the marginal prices of products are an important factor in determining the principal forces of technological innovation between these two sources.
JEL classification codes: O32, O31
Key words: sources of technological innovation; technology-push; demand-pull; Nash equilibrium of technological innovation; DRAM
NEXT Al Gore's group is asking for signatures to turn the nation's economy to clean energy legislation here http://cpaf.repoweramerica.org/page/s/wegotnext
We are really going to have fun wathcing the knaves defend the oil and coal companies
So, if this big brave road raging right-winger gets thrown in jail, I wonder if his viewpoint on same sex marriage will change when he becomes the same sex spouse of a big white supremacist as the only way to stay alive..
Feh,
Rick
its time to push the debate on where have our american jobs gone. to talk about what the so called milton freidmans free trade has taken america. is it a better world where each country protects it commerce.
Re Violent Right Wingers: Fear breeds hate, their scared little a-holes, and now they're acting on hate. Let them spend their energy throwing bricks and running, like spoiled children you just need to let them wear themselves out so they can go back to sleep.
We still have nothing to fear but fear itself. Well that and ignorant gun toting reactionaries screaming at your bumper sticker.
I'd like to ask every candidate for public office if they call for the swift arrest and (upon conviction) lengthy imprisonment for anyone who smashes windows.
So far, Mr. Cantor says he "does not condone" it but he has not called for his supporters to be arrested.
Sorry, I was referring to Norman Goldman in the above post.
A few months ago when I turned on the radio to listen to Ron Reagan's show, which for me is No.2 behind Thom's show, I heard this voice talking and I thought "You mean they're airing 6 hours of Ed now??" That's probably why he was such a convenient fill-in for Ed. I still find it hard to distinguish them--in fact they're both lawyers. I still say that it is kind of dull to have both on back-to-back.
And we would solve the illegal immigration "problem" if we had a workable work visa program and not one based on xenophobia. I have already wrote about the problems here in Washington concerning apple producers after they were forced to fire most of their labor force because the feds gave them a list of people they employed with questionable credentials. Who are they going to replace them with except more people with "questionable" credentials? And they ask do we want our produce imported from China or in-country? They point out that it is impossible to get a white person to do the work without making impossible demands. People don't seem to want to ask or answer those questions. We need a work visa program that is much less expensive and onerous for employers who demonstrate a need for workers willing to do the work wherever they come from, and makes it more likely that those workers will leave the country when the work is done.
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