Thoughts on Technology ( That is not Information), Economy, and Public Policy.

  Money, Capital and Wealth, how it affects America. “water, water everywhere and not a drop to drink” , in Samuel Taylor Coleridge’s poem, ‘The Rime of the Ancient Mariner’. That is the story of US, ever since secondary capital markets took over the American economy, a wealthy country which is scarce in capital. An example for the hypothesis is pretty evident from the investment decisions in the news item below.  A foreign company is setting up a factory in US, for a power source for future, using technology developed by an Israeli company. The foreign company is using funds from US government program to set up a factory in US. The Israeli company is collaborating with Bank of America to scale up the production of its technology that can speed up the output of solar cells. The example shown above, how amidst the abundance of wealth it is difficult to find capital, for projects critical to America’s future. That is the nature of wealth it seeks the path where it ca...

For Whom The Bell Tolls. Shrinking Industrial Innovation in US. The data regarding the patent applications, patent grants,and R&D investments for the past few years have come in,it’s time to see for whom the bell tolls According to data released by the European Patent Office(EPO),out of the 199,275 applications received in 2023,US Submitted maximum with 48155 applications,followed by Germany at 24966, then followed by Japan at 21,520, PR China at 20735 and South Korea at 12575. EPO,also states maximum applications growth rates have been shown by PRC and South Korea Among top 100 firms that have submitted applications with EPO,US stands first with  16601 applications by 24 entities,followed by China with 10890 applications by 12 entities,following them are South Korea 8807 applications by 4 entities,Japan 8466 applications by 17 entities,and Germany 7782 applications by 12 firms, rounding the top five,and the top five firms in number of applications are Huawei 5071 applications,...