Re: TURMEL: Money, Interest and Prosperity

"Bill Ryan" <[EMAIL PROTECTED]> wrote in message
news:[EMAIL PROTECTED]
> Parker:  <**>Umm, I would invite all readers of this
> thread to google 'positive feedback', and find *one*
> credible source...<**>
> --------------------
>
> So, in the spirit of "credibility" he supplies a
> citation to a posting from a website bulletin board
> that anyone can post to, like this newsgroup.

This cite was not in the comments section moron.
Here is the link to the C.V. of the poster who had
stated the obvious concept, that positive feedback
is an exponential formula.

By obvious, I mean if you attended a scientific meeting
and said that positive feedback was not an exponential
formula, you would be like someone who attended
a mechanics meeting and stated that the carburettor
should be attached to the top of the radiator.  The
concept is that obvious.

http://csiweb2.cite-sciences.fr/derosnay/english/cv.html

Here is from economist Brad deLong.  Note he adds the
comment about positive feedback being exponential growth
as an afterthought. That is: just a reminder of an obvious concept
that anyone knowlegable about the math would already be aware of.

excerpt

Over time, (e(b1-b2)t) grows without bound: positive feedback produces rapid
exponential growth, after all.
http://www.j-bradford-delong.net/movable_type/2003_archives/001185.html

Third hit brings up a management consultant, stating the obvious.

excerpt
The results of simulations of positive and negative feedback are shown in
the figures.
For positive feedback we see exponential growth.

http://www.exponentialimprovement.com/cms/WhyExpImp.shtml

Negative feedback can stop the positive feedback from being
exponential, so that the overall effect is not exponential.  For
example, the exponential formula of compound interest can
be alleviated by bankruptcies, which inject interest-free/debt-free
money into the economy (albeit in an unpleasant way).

Anyways, time to update my blocked senders list in
this e-mail account.

dp

>
> I will repeat, there is nothing inherently
> "exponential" or "harmful" to positive feedback.  It
> depends very much on whether you as the designer
> intend for it to be there, or not.  The same can be
> said for negative feedback.
>
> Notice he didn't respond to either of the two
> specific (among many other) historical examples I
> gave using positive feedback that made modern
> civilization possible, including the computers that
> we use to read and write these messages:  the clock
> escapement and the triode vacuum tube.
>
> Yes, you can "google" and come up with all the nutty
> stuff in the world.  All the loony tunes need to do
> is to selective pick the particular nutty stuff that
> "proves" their case.
>
> I believe that the "upside" of the Internet does on
> balance exceed the "downside" and will increasingly
> do so as we come to grips with this new medium.  But
> the downside is definitely something we need to be
> mindful of and not ignore.  It is currently providing
> an "exponentially growing" forum for loony tunes and
> pornographers.
>
>
>
>
> "Dan Parker" <[EMAIL PROTECTED]> wrote in message
> news:<[EMAIL PROTECTED]>...
> > "Bill Ryan" <[EMAIL PROTECTED]> wrote
> [snipped]