Gold soars as chances for a Fed rate hike this month evaporate. Brien Lundin, editor of Gold Newsletter, details what that means for investors.
Perhaps the lesson is this: Don't count gold out.
Last week, I was expecting another thrust downward for gold, with the metal losing perhaps another $35–$60 to the $1,150–$1,175 range.
Instead, the metal soared $32 on Friday, thanks to the stunning miss on the May nonfarm payrolls report.
Against the consensus expectation of 158,000 jobs being created in May, the report showed just 38,000 jobs—a shocking miss to the downside.
Rubbing salt in the wound was the fact that revisions to the April and March reports slashed another 59,000 jobs. The three-month average thus fell to just 116,000, a major deceleration from the monthly average of 219,000 jobs for the previous 12 months.
The headline unemployment rate fell to 4.7% from 5.0%, but that was solely due to 458,000 people leaving the workforce.
Prior to Friday's jobs number, the market had finally begun to believe the Federal Reserve governors who had been universally pleading that, "Really. . .this time we mean it. We're going to hike rates this month or the next."
While the odds of a June rate hike were still rather low at around 21% as judged by Fed fund futures, those odds immediately collapsed to only around 4% after the release of the May jobs number.
The odds of a July hike similarly collapsed, from 64% to just below 30%.
In other words, investor expectations made a 180° turn, from Fed tightening to, potentially, monetary accommodation if the employment data continue to point toward an economic slowdown.
I had been guilty of buying into the idea that the Fed was going to tighten soon. While the economic data had been mixed, the FOMC desperately wanted to get some breathing room above zero, and the impending election would soon close the window of opportunity to raise rates.
Still, while I expected rate hikes, I warned my subscribers that gold "has proven naysayers wrong time and again this year. I wouldn't be surprised to see it rebound from here."
My point is that gold has been performing in a bull-market manner. Instead of looking for excuses to sell the metal as we saw from 2011–2014, investors are interpreting new developments as reasons to buy gold.
And it's hard to imagine a piece of news more dramatically bullish for gold than the disastrous May jobs number.
Where we once thought the Fed would be tightening, it's now obvious that we are in a dramatically new environment. . .for investors, a new world entirely. . .than that of last week.
There is, of course, the chance that the May payrolls report is an outlier, and many have pointed to last month's Verizon strike as being a one-time mitigating factor. But 38,000 jobs was such a massive miss, even accounting for the Verizon situation, that it seems almost certainly indicative of serious employment weakness.
Add in the downside revisions for the prior two months, and the argument for at least some sector-based recessions in the U.S. economy seems very convincing.
Yes, a different world than that of last week, when a Fed rate hike was looming over the markets, gold bugs expected the metal to lose another $50 or so, and we were eagerly awaiting a clearance sale on gold and silver companies with established resources.
If the new perception indeed represents the reality of the U.S. economy—and I think it does—then we'll need to start looking further down the food chain, into the drill plays, for the greatest upside potential.
One would expect that a move like last Friday's would need some time to consolidate, and even a small correction would not be surprising.
That said, the decline in job creation, as marked by not only the May number but also the downward revisions to the previous two months, completely changes the outlook for the U.S. economy going forward.
It's a different world than what we were expecting just last week, and we need to be ready for it by owning gold, silver and well-positioned junior mining/exploration stocks.
We will present some exciting opportunities in upcoming issues of Gold Newsletter. Click here for a free sample copy of Gold Newsletter.
Brien Lundin is the publisher of Gold Newsletter, the world's oldest precious metals advisory, and the producer of the New Orleans Investment Conference, now in its 42nd year.
1) Statements and opinions expressed are the opinions of Brien Lundin and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. Streetwise Reports was not involved in any aspect of the article preparation or editing so the author could speak independently about the sector. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article.


"Los tejanos representan la democracia en la moda."
A menudo he dicho que desearía haber inventado los tejanos, espectaculares, prácticos, relajados e indiferentes, son expresivos, modestos, atractivos y simples, todo lo que espero tengan mis diseños.
Jenna Lyons in American Beauty.
"When women wear denim it (the derriere) must look elegant. It's the second thing every woman looks at in the mirror, but it's the first thing she cares about. She does that half twirl, her back arched and her head craned around. If the jeans are right, the experience is transforming, like putting on a magic cloak".
"Cuando las mujeres usan mezclilla, este (el trasero) debe verse elegante. Es lo segundo que cada mujer mira en el espejo, pero es lo que más le preocupa. Ella hace ese medio giro, arquea la espalda y su cabeza gira hacia atrás. Si los tejanos son adecuados, la experiencia produce una transformación, como una capa mágica".
I'm a jeans and white shirt kind of woman and I do that "half twirl", every time I try a jean, new or not, and you?
I wish you all a great start to the week!
¡Les deseo a todos un buen comienzo de semana!
PD: Claro que si no tuviste suficiente jean todavía, entonces chequea aquí.
loving the post! and yes you are right! jeans are the best!
Siiiiii!!!!, Yo hago eso, todo el tiempo, creo que es algo que solo las mujeres hacemos,no?
haa!! yes, I must accept I do that! even though I think I don't care much about it... it is unconscious.
This post makes me want a denim jacket!
This is such a cool post...with great photos. Thank you!
wow! what an amazing post, so thoughtful and beautiful.
I definitely love the look of jeans, and I'm totally loving them with blazers right now!!!
Oh yes, I'm always twirling all over the place! Dear, you always find THE BEST photos, and I'm always enthralled by every single post you have. Lovely!! I especially love those pillows in a heap on the chair.
The second pic is just breath-taking. I love your collection here. I wear jeans all the time and I simply adore them. Great post Ines.
Adoro todo el mundo jeans,los adoro y siempre hay una prenda denim en mis looks,besitos guapa.
I love your varied selection of photos and I love jeans too - they are so versatile. Dressed up or down, they are one of my favourite items of clothing.
Love the denim skirt! look so cool!
Such a gorgeous post! Your blog is amazing :) Congrats on the award, you definitely earned it! Love.


What a wonderful video! This gives great insight into the mind of Jeff McBride. This video truly helps to share his personal passion, dream and wish for magic. Great Job!
I always enjoy hearing Jeff speak. I enjoy listening to the way he talks about magic in relation to performance, technique, and life. Very motivating.
Wow, I could listen to Jeff McBride all day. I only wish the Mystery School existed when I lived in Las Vegas. Jeff McBride is an amazing entertainer.
IIf there were only more then one "Jeff McBride" & one "Mystery School" to go around!
Excellent video, my favorite so far. 8:24~9:41 really explains the essence of magic, and a guiding philosophy not just for magic but for many callings in life.
That is a very inspiring video. When is the next plane to Vegas?
Re-re-re-re-re x a lot inspired!!!!! Reminded why I'm sitting here sewing a bit of plastic into a pocket, reminded of the Dream. I have Jeff to thank for the way my life is unfolding into my magic dream. Blooming good for him!
Jeff McBride is an award winning manipulator and the founder of The Magic & Mystery School in Las Vegas. He has devoted his life to magic and the teaching of illusion. Here he talks about his philosophy of performance and a school of magic where the students transcend the masters.


California Department of Food & Agriculture & State Organic Program | CCOF - Organic certification, education and outreach, advocacy and leadership since 1973.
California was one of the first states to regulate organic products with Organic Food Act of 1979. In 1990, California amended the law to require organic operations to register with the state and pay an annual registration fee. Also in 1990, the federal Organic Foods Production Act of 1990 (OFPA) was signed into law, creating uniform regulation of organic sale and labeling of agricultural products as organic. Under the federal law, states could establish their own State Organic Program (SOP). California's SOP was approved in 2004 and is currently the only state with an SOP.
In 2003, the California Department of Food & Agriculture (CDFA) requested that the National Organic Program (NOP) approve a California SOP. California's SOP was approved a year later. An SOP may have more restrictive requirements than the national organic standards for producers operating in their state, but more restrictive requirements must be based upon a compelling environmental condition or the necessity of specific production or handling practices particular to the state or region of the U.S. and approved by NOP.
Accredited certifying agents must register with CDFA and pay registration fees.
All businesses marketing organic products in the state of California must register and pay a registration fee to the SOP. The SOP works with the NOP's compliance division, and the NOP relies on the SOP to investigate all complaints, perform spot inspections, and conduct periodic residue sampling in California.
CCOF brought much-needed reforms to the SOP with the passage of the California Organic Food and Farming Act (COFFA).
Reviews the budget for the CDFA side of the SOP and recommends approval by the secretary.
COPAC is comprised of 15 members who represent farm and livestock producers, processors, wholesale distributors, consumers, environmental interests, technical representatives with scientific credentials, and retailers. Each member has an alternate, creating 30 available positions on the committee.
Members of COPAC are appointed by California's Secretary of Agriculture to three-year terms (some appointments are two years to stagger terms). Any member may serve for two consecutive terms. After taking a year off from COPAC, former members are eligible to reapply for vacant seats. Those interested in a position on COPAC must fulfill the requirements in California Organic Products Act of 2003 code, section 46003 and must complete COPAC's prospective member appointment questionnaire.
For more information on California's SOP and COPAC, please see CCOF's Review of the California State Organic Program.


12 years behind bars is not a small period; any person will be lost in space if he is released without proper preparation. Especially if we are talking about a man so closed. Roman Coleman, who is serving a prison term in a desert prison in Nevada, is trying to cling to a new life by succumbing to the persuasion of a full-time psychologist. The steppes of Nevada are filled with wild horses, mustangs, which can only be tamed by entering full contact and trust with an animal, and simply have the gift of communicating with them.
Horses are social and highly intelligent animals that can affect humans. Their gaze is capable of piercing hearts, falling in love with themselves; usually such a relationship remains for life. The rehabilitation program implies for each convict an attempt to take on one such animal, to choose a horse that he could tame, to become a friend and comrade. Of course, this is not given to everyone, but if the contact is established, then the probability of rehabilitating even the most culpable offender grows dozens of times, which means this is a worthwhile matter.
On our site you can watch The Mustang (2019) online totally FREE in high HD 720p, Full HD 1080p, Ultra HD 4K quality on your phone (smartphone), tablet (Android, iOS) and on your computer.


This chapter contains topics for typical Jenkins users (of all skill levels) about Jenkins usage which is outside the scope of the core Jenkins features: Pipeline and Blue Ocean.
If you want to create and configure a Pipeline project through a Jenkinsfile or through Blue Ocean, or you wish to find out more about these core Jenkins features, refer to the relevant topics within the respective Pipeline and Blue Ocean chapters.
If you are a system administrator and want learn how to back-up, restore, maintain as Jenkins servers and nodes, see Jenkins System Administration.


361 Capital is the winner of the Asset Managers - Alternatives category.
The market uncertainty in late 2015 and early 2016 reminded advisors and their clients of the need for risk management tools and diversifiers that could help their portfolios weather volatile periods in the financial markets. 361 Capital developed a white paper, "The New Core Allocation: Long/Short Equity," to address this need by helping guide advisors in the implementation of alternatives.
The paper recommends that long/short equity be considered as a core allocation, not a satellite allocation. It also addresses how to evaluate long/short equity managers, which is vital given the wide performance dispersion in the category. Additionally, the paper reminds advisors of the important contribution compounding provides to portfolios over a prolonged period of low real returns.
361 Capital also developed the "Enhanced Core Portfolio with Long/Short Equity" infographic. The infographic visually conveys a recommendation to take from both bonds and stocks when allocating to long/short equity.
Founded in 2001, 361 Capital is an award-winning boutique asset manager offering innovative, institutional-quality alternative mutual funds. 361 focuses exclusively on alternatives. This deep expertise benefits advisors by helping them better manage portfolio risk for better investing outcomes. The firm is best known for its distinctive counter-trend approach to Managed Futures. Both 361 Managed Futures Strategy Fund and 361 Global Managed Futures Strategy Fund follow a contrarian model designed to perform in volatile markets, regardless of direction by taking advantage of the market oscillations.


2019 Buick Cascada Engine Specs, Release And Price – Buick will release his new automobile, 2019 Buick Cascada this coming year. This auto will probably be available at the Detroit Motor unit Present on Jan. The design with this car will have like Opel a virtual map. Nonetheless, it will likely be different from the more recent type as it features a new model. This auto could have total renovation inside and out. Moreover, the engine applied also offers some enhancements. Even if this car is connected to the Verano, although the car is just not distributed to the type of Verano.
The changes inside of are the plates of the car are Astra Coupe. Precisely the same user interface differs from Verano. The seating is created in the same way as being the Verano have got all the included air-flow process and softer soft cushions. The stay design will probably be slightly different from the last one.
2019 Buick Cascada even offers satellite the navigation program and E satellite like a common characteristic. However, the twin-region climate management program, along with the conventional capabilities, is non-obligatory features of this vehicle.
The engine itself until finally 2019 Buick Cascada is going to be two option engines. The essential engine is turbo-inline four with 1.6 liters that will develop 200 hp and 206 lb-ft of torque. This engine is produced by GM for your American industry. This is due to the driver features a highly efficient engine in contrast to the old 2.4 liters by using a better gasoline ingestion and much more torque. The non-obligatory I-4 engine will create 2. liter turbo that could produce 250 horsepower and 270 lb-ft of torque. This engine can have 10Percent a lot more fuel. Every engine found in this car is a six-rate vehicle and also to entrance-wheel travel. In line with the particulars applied to the driver, this car undoubtedly offers the new engine which is the latest form of Buick. Also, there are lots of resources within this car.
After the changes with this car, that are really different from the Verano, this automobile price begins from about $ 30,000. It is the top price for the convertible car at 4 things inside the marketplace. Also, the release date 2019 Buick Cascada is expected to be later 2020 or very early 2019 available in the market.


text:
Brazilian Ronaldo's Top 10 Defining Moments
Robbie Blakeley@@rio_robbieTwitter LogoSpecial to Bleacher ReportMarch 13, 2014
Buda Mendes/Getty Images
Ronaldo Luis Nazario de Lima, better known simply as Ronaldo, was one of the most feared strikers on the planet in his heyday.
In a career that stretched to almost two decades and close to 100 games for the Brazilian national side, we pick the 10 defining moments that helped the former Selecao No. 9 stand out as one of the most talented individuals of the modern era.
WINS 1993 COPA DO BRASIL
Pedro Vilela/Getty Images
After starting out at local Rio club Sao Cristovao and suffering rejection from boyhood heroes Flamengo, Ronaldo won his first title at the age of 16, the Copa do Brasil with Minas Gerais club Cruzeiro in 1993.
He was the third-highest goalscorer in the 1993 Campeonato Brasileiro and made a name for himself with five goals in a single match against Bahia. Explosive performances were a pattern that would become a trend over his career as he took the step into European football with clear ease.
TRANSITION to EUROPEAN FOOTBALL
CESAR RANGEL/Associated Press
Ronaldo spent two years in one of Europe's lesser leagues—the Dutch Eredivisie with PSV Eindhoven. He scored 54 goals in 57 games and outscored Ajax hitman Patrick Kluivert by 12 goals in his first season. At the time the pair were considered the two greatest strikers in Holland as well as two of the most exciting young strikers in world football.
Whilst still at PSV, he suffered the first of many knee injuries that were to plague his career. He missed the majority of his second season at the club, but still managed to notch 19 goals in 21 outings as PSV lifted the Dutch Cup.
FIRST WORLD PLAYER of the YEAR AWARD
Ronaldo moved to Catalan giants Barcelona for the 1996/97 season, where he won the first of three World Player of the Year Awards. Despite only spending a year at the club, Ronaldo is remembered for all the right reasons. He netted on 47 occasions, a record that stood until a certain Lionel Messi arrived on the scene.
He was La Liga's leading scorer for the year he spent at Barca, with 34 goals in 37 appearances. Ronaldo had arrived on a grand European stage and taken to it like a duck to water.
DISASTER at 1998 WORLD CUP
Ben Radford/Getty Images
The 1998 World Cup seemed tailor-made for Ronaldo. At just 21 years of age, he was already one of the most feared players in the game. He scored four goals en route to the final and a meeting with hosts France.
Subsequent events remain shrouded in mystery to this day, despite a high-level inquiry in the Brazilian Senate to try to get to the bottom of just what happened. Ronaldo, as has been confirmed, suffered a fit on the day of the final and was taken to hospital for tests, omitted from the side to start the game.
After then being declared fit to play, Edmundo was removed from the starting line-up to accommodate the star man. But he put in an anonymous performance as Brazil were comprehensively beaten 3-0, and rumours began to circulate about the Brazilian man of the hour.
KNEE TROUBLE at INTERNAZIONALE
LUCA BRUNO/Associated Press
After initially trying to prise him away from PSV, Italian outfit Internazionale finally snagged their man in 1997. But Ronaldo and Inter was not a happy marriage.
Across five seasons, he made just 68 league appearances—32 of those in his first, in which he scored 25 goals, and none at all in the 2000/01 campaign, after a succession of serious problems with his right knee.
From 1999-2002 Ronaldo played in just 17 league games. At the tender age of 25, it looked like the man who had by now been dubbed O Fenomeno may have to bring his career to a horrifically early end. A nightmare spell in Italy looked to have finished the best forward on the planet.
REDEMPTION in JAPAN
Alex Livesey/Getty Images
Ronaldo proved all doubters wrong at the 2002 World Cup. Luiz Felipe Scolari's gamble, of selecting a player who had barely played football for two years, paid off. The Selecao No. 9 helped himself to eight goals as Brazil secured their fifth, and to date last, World Cup title.
In a fitting finale, the then-25-year-old bagged a brace in the final as Brazil comfortably saw off Germany 2-0. He had previously scored their winner in the semi-final against Turkey, meaning he scored his side's last three goals in the tournament and put himself back on the world radar. Ronaldo was back.
THIRD WORLD PLAYER of the YEAR AWARD
Stuart Franklin/Getty Images
Following a transfer to Real Madrid, Ronaldo topped a glorious 2002 with his third and final World Player of the Year, having won his second at Inter in 1999.
Ronaldo spent five years at the Bernabeu during the famed galactico era. In that time he netted 104 goals in 177 games, but the first whisperings of weight issues began to creep in.
He won two Spanish titles whilst in Madrid, but Europe's greatest prize—the Champions League—continued to elude him. Ronaldo at Real was arguably the last time the world saw him at his predatory best.
WORLD CUP RECORD-HOLDER
Laurence Griffiths/Getty Images
The 2006 World Cup may not have been successful for Brazil, but it certainly was for Ronaldo. The then-29-year-old, with a strike in his country's 4-1 win over Japan, became the all-time leading scorer in World Cup tournaments with 15 goals.
The Real Madrid forward netted three times during the tournament, but the Fantastic Four of Ronaldo, Adriano, Ronaldinho and Kaka failed to fire Brazil to a sixth crown. It was to be O Fenomeno's final World Cup showing, but one that will go down in history for the former No. 9.
EUROPEAN CAREER ENDS
New Press/Getty Images
Ronaldo's 14-year career in Europe came to an end the night of February 13, 2008. Now playing for Italian club AC Milan, the World Cup record-holder came off the bench in a Serie A clash with Livorno.
Jumping for an innocuous header, he fell clutching his leg, having ruptured ligaments in his left knee. It was the exact injury he had suffered to his right knee whilst at Inter.
At the end of the season, Milan decided against renewing the striker's contract. Ronaldo's European adventure was over.
CORINTHIANS and RETIREMENT
Fernando Vergara/Associated Press
Ronaldo ended his professional career at Brazilian club Corinthians. After two unsuccessful shots at the Copa Libertadores, Ronaldo hung up his boots in February 2011 after his body gave up on him.
True to form, he brought success to the Paulista club. With Ronaldo, Corinthians lifted the 2009 Campeonato Paulista and Copa do Brasil.
His signing also signalled the beginning of the growth that saw the club crowned world champions in 2012. But it was in the marketing department that he really helped with the club boom, as he signed a five-year scheme with the club which continues to this day.

redpajama_set_name: RedPajamaCommonCrawl


We sometimes do gaming nights as well where we play Cards Against Humanity with a few drinks but most importantly, we have a laugh!
Any gaming background is welcome! in fact, anyone is welcome!
"Come for the games, stay for the dank xp"


Are you looking for a venue that has stunning grounds, stylish rooms and superb service? Then it might be worth look at our manor house wedding venues in Oxfordshire. We provide a comprehensive list for manor house venues in the local area, and you will also find easy to navigate, clearly laid out details for each house providing you with important insight into the venue. By simply browsing our listings, you will naturally compile a concise shortlist of venues you want to visit.
Why should I choose a manor house?
Apart from being able to cater for almost any size, manor houses are amazing historic buildings full of charm and character. There will be a dedicated wedding team available to help you plan, decorate and coordinate the running of your day.
By using a manor house you may have the option to separate parts of your day in different rooms. It makes it easier for yourself and guests to move from one pre-laid room to another without any worry or rearranging in between. This means that all of our manor house wedding venues will incorporate the perfect evening entertainment for you and your guests.


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Theodore Schultz
American economist
"Theodore Schulz" redirects here. For the golfer, see Ted Schulz.
(1902-04-30)April 30, 1902
Arlington, South Dakota, US
26 February 1998(1998-02-26) (aged 95)
Evanston, Illinois, US
School or
Chicago school of economics
Nobel Memorial Prize in Economic Sciences (1979)
Information at IDEAS / RePEc
Chicago school
of economics
Positive non-interventionism
Library of Economics and Liberty
Reason Foundation
Consequentialist libertarianism
Monetarism
Neoclassical economics
Coase
Fogel
Sowell
Lucas Jr.
Economic rationalism
Efficient market
Friedman rule
k-percent rule
International economics, finance, trade
Laffer curve
Public choice
Quantity of money
Rational agent, choice, expectations
Symmetrical inflation target
Denationalization
Economic integration, interdependence
Economic liberalization
Inflation adjustment
Inflation targeting
Marketization
Negative income tax
Alter-globalization
Anti-capitalism
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Business and economicsportal
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Politicsportal
Theodore William Schultz ( /ʃʊlts/ ; 30 April 1902 – 26 February 1998) was an American Agricultural economist and chairman of the University of Chicago Department of Economics. Schultz rose to national prominence after winning the 1979 Nobel Memorial Prize in Economic Sciences.
Contribution to economic theory
Nobel Memorial Prize in Economic Sciences
Family and personal life
Theodore William Schultz was born on April 30, 1902 in a small town ten miles northwest of Badger, South Dakota on a 560-acre farm. When Schultz was in the eighth grade, his father Henry decided to pull him out of attending Kingsbury County Schoolhouse. His father's view was that if his eldest son continued to get an education he would be less inclined to continue working on the farm. Schultz subsequently did not have any formal post-secondary education.
He eventually enrolled in the Agriculture College at South Dakota State, in a three-year program that met for four months a year during the winter. After being recognized for having great potential as a student, Schultz moved on to a bachelor's program, earning his degree in 1928 in agriculture and economics. He also received an honorary doctorate of science degree from the College in 1959. He graduated in 1927, then entered the University of Wisconsin–Madison earning his doctorate in Agricultural Economics in 1930 under Benjamin H. Hibbard with a thesis, titled The Tariff in Relation to the Coarse-Feed Grains and a Development of Some of the Theoretical Aspects of Tariff Price Research. [1]
Schultz taught at Iowa State College from 1930 to 1943. [2] He left Iowa State in the wake of the "oleomargarine controversy", [3] and he served as the chair of economics at the University of Chicago from 1946 to 1961. He became a member of the American Academy of Arts and Sciences in 1958, [4] the American Philosophical Society in 1962, [5] and the United States National Academy of Sciences in 1974. [6] He became president of the American Economic Association in 1960. He retired in 1970 though he remained active at the University of Chicago into his 90s until a fractured hip left him bedridden. [7]
Shortly after his move to Chicago, Schultz attracted his former student, D. Gale Johnson to the department. Their research in farm and agricultural economics was widely influential and attracted funding from the Rockefeller Foundation to the agricultural economics program at the University. Among the graduate students and faculty affiliated with the pair in the 1940s and 1950s were Clifford Hardin, Zvi Griliches, Marc Nerlove, and George S. Tolley. [8] In 1979, Schultz was awarded the Nobel Prize in Economics for his work in human capital theory and economic development.
Schultz receiving Nobel Prize from King of Sweden Carl XVI Gustaf in 1979.
While he was chair of economics at Chicago he led research into why post-World War II Germany and Japan recovered, at almost miraculous speeds, from the widespread devastation. Contrast this with the United Kingdom which was still rationing food long after the war. His conclusion was that the speed of recovery was due to a healthy and highly educated population; education makes people productive and good health care keeps the education investment around and able to produce. One of his main contributions was later called Human Capital Theory, which he formulated with the help of Gary Becker and Jacob Mincer. [9] Schultz coined this theory in his book titled Investment in Human Capital; however, he experienced negative feedback from other economists. He states that knowledge and skill are a form of capital, and investments in human capital leads to an increase in both economic output and workers' earnings. Many economists refused to support his theory of considering humans as a form of capital due to slavery, which at the time was an understandable critique given the civil rights movements at this time. Schultz argues that his theory does not dismiss humanity but instead encourages individuals to invest in themselves. He advocates for humans to invest in their health, internal migration, and on-the-job training; however, he focuses on encouraging individuals to better their education in order to increase their level of productivity. [10] He states that if people were to do these things, they would have many more opportunities available for them to better their economic situations.
He also inspired much work in international development in the 1980s, motivating investments in vocational and technical education by Bretton Woods system International Financial Institutions such as the International Monetary Fund and the World Bank. During his research Schultz got down to details and went out among the poor farming nations of Europe, talking to farmers and political leaders in small towns. He was "not afraid to get his shoes a little muddy." He noticed that the aid the United States sent in the form of food or money was not only of little help but actually harmful to such nations, as the farmers and agricultural producers within those nations were not able to compete with the free prices of the "aid" sent and therefore they were not able to sustain themselves or invest the money they made from crops back into the economy. He theorized that if the U.S. instead used its resources to help educate these rural producers and provide them with technology and innovations they would be more stable, productive and self sustaining in the long run. This was another key part of his work "Investment in Human Capital".
Schultz was awarded the Nobel Prize jointly with Sir William Arthur Lewis for his work in development economics, focusing on the economics of agriculture. He analyzed the role of agriculture within the economy, and his work has had far reaching implications for industrialization policy, both in developing and developed nations. Schultz also promulgated the idea of educational capital, an offshoot of the concept of human capital, relating specifically to the investments made in education. [11]
Schultz married Esther Florence Werth (1905–1991) in 1930. She was born and raised on a farm near Frankfort, South Dakota of German parents, who encouraged her to pursue schooling. Werth was the first in her family to attend college, receiving a bachelor's degree in commercial science from South Dakota State College in Brookings in 1927, [12] and subsequently worked as a school teacher in Waubay, South Dakota from 1927 to 1929 and then in Gregory, South Dakota from 1929 to 1930. Werth shared Schultz's background in agriculture and commitment to ideals of education and economic development, and throughout his career worked as a primary editor of his published works. In his Nobel Prize Lecture, he acknowledged her contributions thus: "I am also indebted to my wife, Esther Schultz, for her insistence that what I thought was stated clearly was not clear enough." The couple was survived by two daughters and one son.
Schultz received eight honorary degrees in his career. He had the distinction of being the first South Dakota State University graduate and the second South Dakotan to win a Nobel Prize after Ernest Lawrence winner of the 1939 Nobel Prize for Physics. Between 2012 and 2013, South Dakota State University built the Theodore W. Schultz Hall, a residence hall for students pursuing degrees in agriculture. [13] Schultz also was awarded the Francis A. Walker Medal in 1972, which is the highest award given out by the American Economic Association. [9]
Schultz died in Evanston, Illinois on February 26, 1998 at the age of 95. He is interred at Badger Cemetery in Badger, South Dakota.
The dominant social thought shapes the institutionalized order of society...and the malfunctioning of established institutions in turn alters social thought.
—  Theodore W. Schultz (1977) [14]
Most people in the world are poor. If we knew the economy of being poor, we would know much of the economics that really matter. [15]
Schultz, Theodore W. (1956). "Reflections on Agricultural Production, Output and Supply". Journal of Farm Economics. 38 (3): 748–762. doi:10.2307/1234459. JSTOR 1234459.
Schultz, Theodore W. (1960). "Capital Formation by Education". Journal of Political Economy. 68 (6): 571–583. doi:10.1086/258393. JSTOR 1829945. S2CID 154572248.
Schultz, Theodore W. (1961). "Investment in Human Capital". The American Economic Review. 51 (1): 1–17. JSTOR 1818907.
1943. Redirecting Farm Policy, New York: Macmillan Company.
1945. Agriculture in an Unstable Economy, New York: McGraw-Hill.
1953. The Economic Organization of Agriculture, McGraw-Hill.
1963. The Economic Value of Education, New York: Columbia University Press.
1964. Transforming Traditional Agriculture, New Haven: Yale University Press.
1968.Economic Growth and Agriculture, New York: MacGraw-Hill.
1971. Investment in Human Capital: The Role of Education and of Research, New York: Free Press.
1972. Human Resources (Human Capital: Policy Issues and Research Opportunities), New York: National Bureau of Economic Research,
1981. Investing in People, University of California Press. Description and chapter-preview links.
1993. The Economics of Being Poor, Cambridge, Massachusetts, Blackwell Publishers
1993. Origins of Increasing Returns, Cambridge, Massachusetts, Blackwell Publishers
1945. Food for the World, Chicago: University of Chicago Press.
1962. Investment in Human Beings, Chicago: University of Chicago Press.
1972. Investment in Education: Equity-Efficiency Quandary, Chicago: University of Chicago Press.
1973.New Economic Approaches to Fertility, Chicago: University of Chicago Press,
1974. Economics of the Family: Marriage, Children, and Human Capital, Chicago: University of Chicago Press.
James Joseph Heckman is a Nobel Prize-winning American economist at the University of Chicago, where he is The Henry Schultz Distinguished Service Professor in Economics and the College; Professor at the Harris School of Public Policy; Director of the Center for the Economics of Human Development (CEHD); and Co-Director of Human Capital and Economic Opportunity (HCEO) Global Working Group. He is also Professor of Law at the Law School, a senior research fellow at the American Bar Foundation, and a research associate at the National Bureau of Economic Research. In 2000, Heckman shared the Nobel Memorial Prize in Economic Sciences with Daniel McFadden, for his pioneering work in econometrics and microeconomics. As of December 2020, according to RePEc, he is the second-most influential economist in the world.
Human capital is a concept used by social scientists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. Human capital has a substantial impact on individual earnings. Research indicates that human capital investments have high economic returns throughout childhood and young adulthood.
Gary Stanley Becker was an American economist who received the 1992 Nobel Memorial Prize in Economic Sciences. He was a professor of economics and sociology at the University of Chicago, and was a leader of the third generation of the Chicago school of economics.
South Dakota State University is a public land-grant research university in Brookings, South Dakota. Founded in 1881, it is the state's largest and most comprehensive university and the oldest continually-operating university in South Dakota. The university is governed by the South Dakota Board of Regents, which governs the state's six public universities and two special schools.
Robert Emerson Lucas Jr. is an American economist at the University of Chicago, where he is currently the John Dewey Distinguished Service Professor Emeritus in Economics and the College. Widely regarded as the central figure in the development of the new classical approach to macroeconomics, he received the Nobel Prize in Economics in 1995 "for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy". He has been characterized by N. Gregory Mankiw as "the most influential macroeconomist of the last quarter of the 20th century." As of 2020, he ranks as the 11th most cited economist in the world.
Myron Samuel Scholes is a Canadian-American financial economist. Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-originator of the Black–Scholes options pricing model. Scholes is currently the chairman of the Board of Economic Advisers of Stamos Capital Partners. Previously he served as the chairman of Platinum Grove Asset Management and on the Dimensional Fund Advisors board of directors, American Century Mutual Fund board of directors and the Cutwater Advisory Board. He was a principal and limited partner at Long-Term Capital Management and a managing director at Salomon Brothers. Other positions Scholes held include the Edward Eagle Brown Professor of Finance at the University of Chicago, senior research fellow at the Hoover Institution, director of the Center for Research in Security Prices, and professor of finance at MIT's Sloan School of Management. Scholes earned his PhD at the University of Chicago.
Sir John Richards Hicks was a British economist. He is considered one of the most important and influential economists of the twentieth century. The most familiar of his many contributions in the field of economics were his statement of consumer demand theory in microeconomics, and the IS–LM model (1937), which summarised a Keynesian view of macroeconomics. His book Value and Capital (1939) significantly extended general-equilibrium and value theory. The compensated demand function is named the Hicksian demand function in memory of him.
Robert Merton Solow, GCIH is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at the Massachusetts Institute of Technology, where he has been a professor since 1949. He was awarded the John Bates Clark Medal in 1961, the Nobel Memorial Prize in Economic Sciences in 1987, and the Presidential Medal of Freedom in 2014. Four of his PhD students, George Akerlof, Joseph Stiglitz, Peter Diamond and William Nordhaus later received Nobel Memorial Prizes in Economic Sciences in their own right.
The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles. Milton Friedman and George Stigler are considered the leading scholars of the Chicago school.
Sir William Arthur Lewis was a Saint Lucian economist and the James Madison Professor of Political Economy at Princeton University. Lewis was known for his contributions in the field of economic development. In 1979, he was awarded the Nobel Memorial Prize in Economic Sciences.
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural policy, and environmental policy.
Richard H. Thaler is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2015, Thaler was president of the American Economic Association.
Robert William Fogel was an American economic historian and scientist, and winner of the 1993 Nobel Memorial Prize in Economic Sciences. As of his death, he was the Charles R. Walgreen Distinguished Service Professor of American Institutions and director of the Center for Population Economics (CPE) at the University of Chicago's Booth School of Business. He is best known as an advocate of new economic history (cliometrics) – the use of quantitative methods in history.
Michael Robert Kremer is an American development economist who is University Professor in Economics And Public Policy at the University of Chicago. He is the founding director of the Development Innovation Lab at the Becker Friedman Institute for Economics. Kremer served as the Gates Professor of Developing Societies at Harvard University until 2020. In 2019, he was jointly awarded the Nobel Memorial Prize in Economics, together with Esther Duflo and Abhijit Banerjee, "for their experimental approach to alleviating global poverty."
Leonid Hurwicz was a Polish-American economist and mathematician, known for his work in game theory and mechanism design. He originated the concept of incentive compatibility, and showed how desired outcomes can be achieved by using incentive compatible mechanism design. Hurwicz shared the 2007 Nobel Memorial Prize in Economic Sciences for his seminal work on mechanism design. Hurwicz was one of the oldest Nobel Laureates, having received the prize at the age of 90.
Henry Schultz was an American economist, statistician, and one of the founders of econometrics. Paul Samuelson named Schultz as one of the several "American saints in economics" born after 1860.
Vernon Wesley Ruttan (1924–2008) was a development economist at the University of Minnesota, where he was Regents Professor Emeritus in the Departments of Economics and Applied Economics. Ruttan's research focused on agricultural development, induced innovation, technical change and productivity growth, institutions, and development assistance policy. His book with Yujiro Hayami, Agricultural Development: An International Perspective (1971) was considered a classic in the field and was translated into four other languages.
David Gale Johnson was an American economist and an expert on Russia and China. Among other notable contributions to economics, Johnson concluded that the strength of an industry depends on how the market works and not so much on government actions. Johnson was Chairman of the department of economics at the University of Chicago and a member of the National Academy of Sciences. He was also a fellow of the American Agricultural Economics Association and the American Academy of Arts and Sciences. The New York Times called him "a pioneer in agricultural economics". The University of Chicago called him "one of the world's most eminent researchers of agricultural and development economics". The National Academies Press called him "a scholar of exceptional breadth who made original and important contributions to economics and to public policy".
The 2022 Nobel Memorial Prize in Economic Sciences was divided equally between the American economists Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig "for research on banks and financial crises" on 10 October 2022. The award was established in 1968 by an endowment "in perpetuity" from Sweden's central bank, Sveriges Riksbank, to commemorate the bank's 300th anniversary. Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences. The Nobel Committee announced the reason behind their recognition, stating:
"This year's laureates in the Economic Sciences, Ben Bernanke, Douglas Diamond and Philip Dybvig, have significantly improved our understanding of the role of banks in the economy, particularly during financial crises. An important finding in their research is why avoiding bank collapses is vital."
The 2019 Nobel Memorial Prize in Economic Sciences was awarded jointly to the economist couple Abhijit Banerjee, Esther Duflo-Banerjee and their colleague Michael Kremer "for their experimental approach to alleviating global poverty." Banerjee and Duflo are the sixth married couple to jointly win a Nobel Prize. The pressed release of the Royal Swedish Academy of Sciences noted:
"The research conducted by this year's Laureates has considerably improved our ability to fight global poverty. In just two decades, their new experiment-based approach has transformed development economics, which is now a flourishing field of research. They have laid the foundations of the best way to design measures that reduce global poverty"
↑ Shaars, Marvin A. (1972). "The Story of The Department of Agricultural Economics: 1909–1972" (PDF). Retrieved 2009-09-17.
↑ Theodore W. Schultz on Nobelprize.org /// "the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1979Theodore W. Schultz, Sir Arthur Lewis". Nobelprize.org. Retrieved October 3, 2012.
↑ Burnett, Paul (2011). "Academic Freedom or Political Maneuvers: Theodore W. Schultz and the Oleomargarine Controversy Revisited". Agricultural History. 85 (3): 373–397. doi:10.3098/ah.2011.85.3.373. PMID 21901904.
↑ "Theodore William Schultz". American Academy of Arts & Sciences. Retrieved 2022-11-15.
↑ "APS Member History". search.amphilsoc.org. Retrieved 2022-11-15.
↑ "Theodore W. Schultz". www.nasonline.org. Retrieved 2022-11-15.
↑ "Theodore Schultz, 95, Winner Of a Key Prize in Economics".
↑ Sumner, Daniel A. Agricultural Economics at Chicago, in David Gale Johnson, John M. Antle. The Economics of Agriculture: Papers in honor of D. Gale Johnson. University of Chicago Press, 1996 p 14-29
1 2 "Theodore William Schultz (1902-98)".
↑ "History of Education: Selected Moments".
↑ "Theodore Schultz, 95, Winner Of a Key Prize in Economics". The New York Times. Retrieved October 3, 2012.
↑ "Theodore and Esther Schultz Society". Archived from the original on 2015-02-02. Retrieved 2015-02-02.
↑ "Schultz Hall".
↑ Justin Yifu Lin. "Cambridge University Marshall Lecture – Development and Transition: Idea, Strategy, and Viability" (PDF). Archived from the original (PDF) on 2011-07-26.
↑ Theodore W. Schultz, 1981.Investing in People. p. 3. University of California Press.
Wikiquote has quotations related to Theodore Schultz .
Theodore W. Schultz on Nobelprize.org
"Theodore William Schultz (1902–1998)". The Concise Encyclopedia of Economics . Library of Economics and Liberty (2nd ed.). Liberty Fund. 2008.
D. Gale Johnson, "Theodore William Schultz", Biographical Memoirs of the National Academy of Sciences (1999)
Theodore Schultz at Find a Grave
"Theodore W. Schultz". JSTOR.
Herbert A. Simon
Laureate of the Nobel Memorial Prize in Economics
Served alongside: Sir Arthur Lewis Succeeded by
Lawrence Klein
Presidents of the American Economic Association
Francis A. Walker (1886)
Charles F. Dunbar (1893)
John B. Clark (1894)
Henry C. Adams (1896)
Arthur T. Hadley (1898)
Richard T. Ely (1900)
Edwin R. A. Seligman (1902)
F. W. Taussig (1904)
Jeremiah W. Jenks (1906)
Simon N. Patten (1908)
Davis R. Dewey (1909)
Edmund J. James (1910)
Henry W. Farnam (1911)
Frank A. Fetter (1912)
David Kinley (1913)
John H. Gray (1914)
Walter F. Willcox (1915)
Thomas N. Carver (1916)
John R. Commons (1917)
Irving Fisher (1918)
Henry B. Gardner (1919)
Herbert J. Davenport (1920)
Jacob H. Hollander (1921)
Henry R. Seager (1922)
Carl C. Plehn (1923)
Wesley C. Mitchell (1924)
Allyn A. Young (1925)
Edwin W. Kemmerer (1926)
Thomas S. Adams (1927)
Fred M. Taylor (1928)
Edwin F. Gay (1929)
Matthew B. Hammond (1930)
Ernest L. Bogart (1931)
George E. Barnett (1932)
William Z. Ripley (1933)
Harry A. Millis (1934)
John M. Clark (1935)
Alvin S. Johnson (1936)
Oliver M. W. Sprague (1937)
Alvin Hansen (1938)
Jacob Viner (1939)
Frederick C. Mills (1940)
Sumner Slichter (1941)
Edwin G. Nourse (1942)
Albert B. Wolfe (1943)
Joseph S. Davis (1944)
I. Leo Sharfman (1945)
Emanuel A. Goldenweiser (1946)
Paul Douglas (1947)
Joseph Schumpeter (1948)
Howard S. Ellis (1949)
Frank Knight (1950)
John H. Williams (1951)
Harold A. Innis (1952)
Calvin B. Hoover (1953)
Simon Kuznets (1954)
John D. Black (1955)
Edwin E. Witte (1956)
Morris A. Copeland (1957)
George W. Stocking (1958)
Arthur F. Burns (1959)
Theodore W. Schultz (1960)
Paul A. Samuelson (1961)
Edward S. Mason (1962)
Gottfried Haberler (1963)
George J. Stigler (1964)
Joseph J. Spengler (1965)
Fritz Machlup (1966)
Milton Friedman (1967)
Kenneth E. Boulding (1968)
William J. Fellner (1969)
Wassily Leontief (1970)
James Tobin (1971)
John Kenneth Galbraith (1972)
Kenneth J. Arrow (1973)
Walter W. Heller (1974)
R. Aaron Gordon (1975)
Franco Modigliani (1976)
Lawrence R. Klein (1977)
Jacob Marschak (1978)
Tjalling C. Koopmans (1978)
Robert M. Solow (1979)
Moses Abramovitz (1980)
William J. Baumol (1981)
Gardner Ackley (1982)
W. Arthur Lewis (1983)
Charles L. Schultze (1984)
Charles P. Kindleberger (1985)
Alice M. Rivlin (1986)
Gary S. Becker (1987)
Robert Eisner (1988)
Joseph A. Pechman (1989)
Gérard Debreu (1990)
Thomas C. Schelling (1991)
William Vickrey (1992)
Zvi Griliches (1993)
Amartya Sen (1994)
Victor R. Fuchs (1995)
Anne O. Krueger (1996)
Arnold C. Harberger (1997)
Robert W. Fogel (1998)
D. Gale Johnson (1999)
Dale W. Jorgenson (2000)
Sherwin Rosen (2001)
Robert Lucas Jr. (2002)
Peter Diamond (2003)
Martin Feldstein (2004)
Daniel McFadden (2005)
George Akerlof (2006)
Thomas J. Sargent (2007)
Avinash Dixit (2008)
Angus Deaton (2009)
Robert Hall (2010)
Orley Ashenfelter (2011)
Christopher A. Sims (2012)
Claudia Goldin (2013)
William Nordhaus (2014)
Richard Thaler (2015)
Robert J. Shiller (2016)
Alvin E. Roth (2017)
Olivier Blanchard (2018)
Ben Bernanke (2019)
Janet Yellen (2020)
David Card (2021)
Christina Romer (2022)
Laureates of the Sveriges Riksbank Prize in Economic Sciences
1969: Ragnar Frisch / Jan Tinbergen
1970: Paul A. Samuelson
1971: Simon Kuznets
1972: John R. Hicks / Kenneth J. Arrow
1973: Wassily Leontief
1974: Gunnar Myrdal / Friedrich August von Hayek
1975: Leonid Vitaliyevich Kantorovich / Tjalling C. Koopmans
1976: Milton Friedman
1977: Bertil Ohlin / James E. Meade
1978: Herbert A. Simon
1979: Theodore W. Schultz / Sir Arthur Lewis
1980: Lawrence R. Klein
1981: James Tobin
1982: George J. Stigler
1983: Gérard Debreu
1984: Richard Stone
1985: Franco Modigliani
1986: James M. Buchanan Jr.
1987: Robert M. Solow
1988: Maurice Allais
1989: Trygve Haavelmo
1990: Harry M. Markowitz / Merton H. Miller / William F. Sharpe
1991: Ronald H. Coase
1992: Gary S. Becker
1993: Robert W. Fogel / Douglass C. North
1994: John C. Harsanyi / John F. Nash Jr. / Reinhard Selten
1995: Robert E. Lucas Jr.
1996: James A. Mirrlees / William Vickrey
1997: Robert C. Merton / Myron S. Scholes
1998: Amartya Sen
1999: Robert A. Mundell
2000: James J. Heckman / Daniel L. McFadden
2001: George A. Akerlof / A. Michael Spence / Joseph E. Stiglitz
2002: Daniel Kahneman / Vernon L. Smith
2003: Robert F. Engle III / Clive W.J. Granger
2004: Finn E. Kydland / Edward C. Prescott
2005: Robert J. Aumann / Thomas C. Schelling
2006: Edmund S. Phelps
2007: Leonid Hurwicz / Eric S. Maskin / Roger B. Myerson
2008: Paul Krugman
2009: Elinor Ostrom / Oliver E. Williamson
2010: Peter A. Diamond / Dale T. Mortensen / Christopher A. Pissarides
2011: Thomas J. Sargent / Christopher A. Sims
2012: Alvin E. Roth / Lloyd S. Shapley
2013: Eugene F. Fama / Lars Peter Hansen / Robert J. Shiller
2014: Jean Tirole
2015: Angus Deaton
2016: Oliver Hart / Bengt Holmström
2017: Richard H. Thaler
2018: William Nordhaus / Paul Romer
2019: Abhijit Banerjee / Esther Duflo / Michael Kremer
2020: Paul Milgrom / Robert B. Wilson
2021: David Card / Joshua Angrist / Guido Imbens
2022: Ben Bernanke / Douglas Diamond / Philip H. Dybvig
1979 Nobel Prize laureates
Herbert C. Brown (United States)
Georg Wittig (Germany)
Odysseas Elytis (Greece)
Mother Teresa (India)
Sheldon Glashow (United States)
Abdus Salam (Pakistan)
Steven Weinberg (United States)
Physiology or Medicine
Allan MacLeod Cormack (United States)
Godfrey Hounsfield (United Kingdom)
Economic Sciences
Theodore Schultz (United States)
W. Arthur Lewis (St. Lucia/United States)
Nobel Prize recipients
Frank Knight
Henry Calvert Simons
Jacob Viner
George Stigler
Karl Brunner
Phillip D. Cagan
Harry G. Johnson
Allan H. Meltzer
David Laidler
Scott Sumner
New economic history
Douglass North
Robert Fogel
Robert M. Townsend
New social economics
Jacob Mincer
Gary Becker
James Heckman
Sherwin Rosen
Kevin M. Murphy
John A. List
Sudhir Venkatesh
Steven Levitt
Roland Fryer
Public choice school
James M. Buchanan
Gordon Tullock
Anthony Downs
William A. Niskanen
Bryan Caplan
Ronald Coase
Aaron Director
William Landes
Richard Posner
Robert Bork
Frank H. Easterbrook
Harry Markowitz
Myron Scholes
Merton Miller
Julian Lincoln Simon
Eugene Fama
Kenneth French
Campbell Harvey
Lars Peter Hansen


text:
Final Belongings
by Sarah Beauchemin
Tara and Bootstrapper
by Randall Jarmon
The Fox's Tale
by Samuel Woodly
Hindu Mythology Stories
by Lakshmi Narayani
Library Monster
by Laurel Lorenzini
Dragon Protocol
by Ali Archer
Gregorina's Hair
by Milagros Wallace, Alynor Diaz
Aria and Liam
by Alizee Monsarrat
Incident 395
by John Riha
Blackout Trail
by Linda Naughton
The Audacious Adventures of Drippy the Dragon
by E. Michael Lunsford
Obituaries & Other Lies
by Ron Cooke
by Ernest Reagan Clark II
Jophiel's Secret
by Johanna Frank
An Unconventional Christmas
by Tara Fox Hall
Bongs For Steve
by I. J. Baker
The Body Politic
by Stella Atrium
Trinity Icon
The Michael Neill Adventure Series Volume 3
Contact Author - Steve Wilson
Steve Wilson is a multimedia designer for a large metropolitan newspaper, and has worked in advertising for over 25 years. He is a prior service Marine, now serving as a Master Sergeant in the Air Force Reserve.
Over the course of his military career, he has received the Iraq and Afghanistan Campaign Medals, the Global War on Terrorism Expeditionary Medal, and the Air Force Commendation Medal. In 2010 he was named the Air Transportation NCO of the Year. His ties to the armed forces—as well as short-term mission trips—have taken him to Kuwait, Iraq, Afghanistan, Europe and the Pacific, as well as the former Soviet Union. These experiences have helped to shape his story lines.
Steve is the author of 'Red Sky at Morning' and 'Tempest of Fire', both faith-based, military/espionage novels in the Michael Neill Adventure series, and is currently working on his fourth novel. He is the father of two grown sons, and lives in Florida with his wife.
Reviewed by Patricia Reding for Readers' Favorite
I have now had the pleasure of reading Trinity Icon, the third installment of Steve Wilson's Michael Neill Adventures. The story opens with a tale from days long gone, when the Swedes invaded Poland. The story of the Swedes' raid is passed through the ages, as survivors' descendants continue to search for an icon missing from the church where Father Jakob was murdered on a snowy Christmas Eve in 1655. The story then picks up with Marine Captain Michael Neill. This time Neill is required to assist with events unfolding in Poland—events that include the antics of the Russians. Meanwhile, assassins pursue the lovely journalist, Viktoriya Gavrilenko, whom Neill met some time previously in Odessa, Russia. Viktoriya follows the story of the missing icon—a mystery that may finally be resolved, as an archaeologist has found the sunken and long-lost Swedish vessel on which he hopes the icon rests. Neill and others, including his love-interest, Marine Staff Sergeant Christina Arrens, seek to protect Viktoriya. At the same time, they endeavor to get the leaders of the surrounding countries to join together in opposition to Russia's bullying tactics. Throughout the tale, Wilson takes readers on a tour of beautiful and historic city and countryside venues in Poland and, along the way, clues to the events of that dreadful murder in 1655 are revealed and the mystery of those days long gone is ultimately solved.
I spent some time thinking about what I found most enjoyable about Steve Wilson's Trinity Icon. I will identify the most notable points. First, I sincerely appreciate reading a work like this, which draws on my understanding of history and politics. The tale, with its frequent use of those "musical" Russian names, stirred my memories of long ago days, when I studied so much Russian history, politics and philosophy. Wilson has a thorough understanding of these things. For the well-versed, it makes for an enjoyable read. But even the lesser-informed reader could enjoy these tales—and learn something in the process. Second, I appreciate Wilson's expertise regarding the military as an organization, and the weapons and tools (including aircraft) at their disposal. A reader is sure to gain some knowledge in these areas. (This one certainly did.) Third, it is rare to find a "leading man" of such authority and integrity as Michael Neill. At times, he seems almost unreal, as so few such men seem to exist today. But is that not the point of a great tale—to inspire and to challenge? Trinity Icon most certainly does so. Finally, I quite enjoyed the give and take between Neill and Arrens and those little touches that could only be dubbed "romance." While military rules prohibit certain relationships, the story reveals their true affection for one another. This reader expects they will make decisions in the stories to come, such that they may fully entertain their feelings. But for now, this reader also is delighted to know that honorable men and women, though rare, do still exist.


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Top Stories for July 2021
by Allan Dean July 31, 2021 July 31, 2021
Parkfest 2021 Among the Top Stories for July
These stories were the most popular on the AHHerald.com website for the month of July 2021:
1. Atlantic Highlands Family Rescue Woman Hiking with Dog
Jean Bruno wrote about her experience with an Atlantic Highlands family:
"I recently went hiking with my dog in Lenape Woods. I got lost and had lost my bearings when this family of father, daughter, and son met up with me and asked if I was alright. I told them yes, they gave me directions and went on. About 1/2 hour went by when they came back to find out if I was still lost."
2. AG Grewal Announces Arrests of 31 Alleged Sex Offenders in "Operation 24/7"
Attorney General Gurbir S. Grewal today announced arrests of 31 individuals who are charged with sexually exploiting children online. The 31 men were arrested in "Operation 24/7," a collaborative operation launched to address the continued spike in reports of potential threats to children from online predators during the COVID pandemic.
3. Monmouth County Corrections Officer Pleads Guilty to Shoplifting
Suzanne Simone, 53, of Ocean Township, a 22-year-veteran of the Monmouth County Correctional Institution, pled guilty today before Judge Ellen Torregossa-O'Connor to fourth degree Shoplifting in connection with multiple instances where she failed to pay for items at local Target and Home Depot stores.
4. YMCA Makes a Splash in Long Branch with Free Swim Lessons
Summer is in full swing, the weather is beautiful and kids want to swim! The YMCA of Greater Monmouth County is working to make that happen, offering free swim lessons and water safety classes for third- grade students in Long Branch at the city's new community pool at Pleasure Bay Park.
5. Coast Guard Taking Final Comments on Height of Future Oceanic Bridge Across Navesink River
As a crucial deadline approaches, Friends of the Oceanic Bridge Association, Inc., a grassroots organization started in 2004, is encouraging immediate community support for convincing the US Coast Guard to lower the current height requirement for a new bridge from a 65-foot mean high water (MHW) clearance to a 50-foot MHW clearance. The new Oceanic Bridge, which replaces the current bascule (draw) bridge will probably be a fixed-span structure.
ARTICLE CONTINUES AFTER SPONSORED CONTENT
ATLANTIC HIGHLANDS ANIMAL HOSPITAL
We treat each of our patients as part of the family at Atlantic Highlands Animal Hospital. We offer top-quality surgical and dental treatments for cats and dogs. For the best pet care in the Atlantic Highlands, NJ, call us at (732) 291-4400. https://www.atlantichighlandsvet.com
6. Holmdel Man Arrested for Possession of Explosives
A Holmdel Township man is facing charges after igniting molotov cocktail explosive devices on three nights earlier this week in a business parking lot, Acting Monmouth County Prosecutor Lori Linskey announced today.
7. Feral Cats: They Feed, They Breed
The problem of feral cats, where they come from, why they stay, and how dangerous are they have all be raised by at least one resident in this community (Atlantic Highlands) who is clearly frustrated about what can be done.
8. Two Indicted in 2009 Long Branch Cold Case Murder
Christopher Willis, 31 and Jamere Williams, 30, both of Long Branch, were indicted on one count of first degree Murder related to the death of Norberto Nieves. On November 29, 2009, Nieves, 36, of Long Branch was shot and killed in the vicinity of 136 7th Avenue in Long Branch.
9. Critical Race Theory … Or Not?
At her first meeting since she assumed the position of Tri-District Superintendent, Dr. Beams made it clear it is not "Critical race theory" that is being mandated, but rather an understanding of differences and similarities, and how to ensure inclusion and equitable practices.
10. Parkfest 2021 – Atlantic Highlands
Join us Saturday, July 31st for our 3rd annual Parkfest!This year we bring the community fun to Atlantic Highlands, NJ. Our main stage will be located at the Atlantic Highlands Municipal Marina with over 15 musical acts, local art and food, yoga in the morning, movie and comedy show at night, and multiple official after parties! As always Parkfest is a FREE event but we will be raising money for Atlantic Highlands First Aid Squad and the Atlantic Highlands Arts Council.
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Tagged: july 2021, News, top stories
Allan Dean
Allan Dean is editor, publisher, and founder of the Atlantic Highlands Herald. Published since 1999 and selected in 2000 by the Borough of Atlantic Highlands as one of their official newspapers, making...	More by Allan Dean


text:
Language and History
phonoTOC
Phono,
a Windows-based software tool
for creating and testing models of regular historical sound change
in natural languages.
Please send questions, suggestions, and news of your use to <lhartman[at]siu[dot]edu>.
• Try Phono online with models for Spanish and Pig Latin (children's "secret" language)
• Download Phono with models for Spanish, Shawnee, and Pig Latin
(After downloading and unzipping "phono.zip", and before running the program,
read the "readMe.txt" file.)
• Phono User's Manual
• Download the source code (Visual Basic 5.0)
A Brief History of Phono
Phono was first written in 1980 in the PL/I programming language to run on an IBM 360 mainframe computer. That first version was named PHONO in all-caps, because the font for output was limited to the uppercase letters of the Roman alphabet, plus the ten numerals and a few punctuation marks. This limited font needed to be supplemented by "feature-based diacritics" (see Hartman 1981). Words of output—having been derived in terms of binary feature values—were displayed using the nearest equivalent letters of the uppercase alphabet, accompanied by signed feature names to indicate how they differed from the default values of those uppercase letters. Each stage of output for a word was a two-dimensional display.
In the original PL/I version, the rules of the Spanish model were hard-coded in the program.
Versions 2 (ca. 1988) and 3 (1993) were written in DOS-based Pascal for microcomputers. In these versions the rules of the Spanish model were extracted from the program code and recast as data for the program to read and interpret, thus opening the possibility for Phono to operate models for other languages besides Spanish. The output font was expanded to include potentially any of the characters of ASCII code from #33 ("!") through #175 ("»"). With this arrangement, a sound such as the palatal sibilant [ʃ] could be assigned (arbitrarily) to an ASCII character such as "$". This arrangement was a great improvement over the all-caps alphabet, but it still depended heavily on feature-based diacritics, a problem cited by Becker (1996) in his review of Version 3.2.
Version 3.0 (1993) included an internal editor for the alphabet (still one alphabet for both input and output), making it possible to customize the alphabet's feature values to the user's taste. This version made possible the display of the whole derivation in a single screen, rather than a screen for each stage of the derivation.
Version 3.1 (1994) incorporated an internal rule editor, thus automatically enforcing the restrictions on rule notation. This version was made available on the Web for downloading (see Hartman 2003b).
In 1997, Towhid Bin Muzaffar used PHONO (still in all-caps) to write a 48-rule model that derived words of Shawnee from their Proto-Algonquian etymons (Muzaffar 1997).
The fourth (2002) and fifth (2018) versions were written in Visual Basic (Ver. 5.0), operating under Windows. Now Phono has access to a font of the IPA alphabet, produced by SIL International <www.sil.org>. Output forms can now be displayed linearly, while any deviations of feature values from the default values of the IPA characters can be revealed by a mouse rollover. The display of output has access to nearly the entire IPA alphabet, while the characters for input are limited to those of the keyboard; given this difference, Phono now uses different alphabets for these two phases.
As of 2017, a sixth version exists, written in JavaScript, which operates the Spanish and Pig Latin models online without the trouble of downloading the program and installing the phonetic font. The output font is yet again improved, as this version (unlike the Visual Basic versions) has access to the characters of Unicode, with their crisp appearance on screen. A major drawback of this version, however, is that it offers no way at present for the user to create and edit models. In fact, the Spanish model is hard-coded in JavaScript, an ironic throwback to the original mainframe version of the 1980s.
All these versions of Phono have used the same if/then structure of rule notation, with the same seven types of if- and then-lines, labeled A, B, C... and 1, 2, 3..., although there have been some changes in nomenclature. The line types now called "absolute" (e.g. "+cons (*)") and "relative" (e.g. "voice (*) = voice (*+1)") were called, at different times in the past, respectively, "constant" and "variable", "constant" and "alpha", or "signed-feature" and "alpha". And the rules that add feature-value precision to input forms before the beginning of the diachronic derivation have been called variously "orthographic" rules ("old" and "new" for etymon and reflex respectively), "adjustment" rules, or—at present—"interpretive" rules. From Version 2 up to the present, all versions of Phono have had the capability to simulate "persistent" rules, namely those rules that are applied throughout a word's history whenever their conditions come about, and all have offered the option of "masking" (temporarily disabling) any particular rule.
Becker, Donald. A. (1996). "Historical Linguistics as a Hacker's Pradise: Review of PHONO 3.2". Glot International, 2:22.
Hartman, Lee (2003a). Modeling Phonological Change. In Language Evolution and Computation: Proceedings of the Workshop/Course at E[uropean] S[ummer] S[chool on] L[anguage,] L[ogic, and] I[nformation], Vienna.
Hartman, Lee (2003b). Phono (Version 4.0): Software for Modeling Regular Historical Sound Change". In Actas [del] VIII Simposio Internacional de Comunicación Social, Santiago de Cuba, 20-24 de enero del 2003, I.606-609).
Hartman, Steven Lee (1981). "A Universal Alphabet for Experiments in Comparative Phonology". Computers and the Humanities, 15:75-82.
Muzaffar, Towhid Bin (1997). "Computer Simulation of Shawnee Historical Phonology". M.A. thesis, Memorial University of Newfoundland.
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Constantine Season 1 Episode 7
Blessed Are the Damned
Air Date: 12/5/14
Watch Constantine Season 1 Episode 7 Online
In a small town in Kentucky we meet Zachary, a preacher and snake handler. His father had been the town preacher and died recently during a worship service due to a snake bite. The man's church and his flock were passed on to his kin.
Though quite inexperienced, Zachary is determined to make his old man proud and follow in his footsteps. Unfortunately, that means handling poisonous snakes as well during his worship services. It isn't long before the young man is bit, but rather than die he's revived holding a mysterious object and with the power to heal.
The first man Zachary lays his hands on actually re-grows his amputated leg. The preacher is as shocked as his flock, as he's not only healing but delivering full blown miracles. However, all magic comes with a price and the healed soon morph into something evil.
Miles away in art class, Zed has a disturbing vision of snakes. It doesn't take John long to determine her visions are connected to their next case. That's right, our occult investigators set out to meet this preacher who performs miracles.
Once they arrive in Kentucky, John and Zed attend one of Zachary's worship services. John hears the man speak Enochian, the language of the angels. Something otherworldly is definitely going on here and he plans to get to the bottom of it.
After the service, our heroes wait in line to meet the personally with preacher. When Zed touches the man, she has a vision of an angels wings. She tells John she felt what he was feeling at the moment of death. His intentions are true and he's unquestioning in his faith.
Walking over to a nearby lake to find thousands of dead fish was all the proof required that something poisonous was a foot. John summons Manny.
Through his typical riddles, Manny leads John and Zed to an angel lying in a field. Imogen is her name and she is stranded on Earth. "I was taking a dying mortal to Heaven. I don't know how, but he pulled a feather from my wing. He was revived, I fell to Earth" she informs everyone.
Now we know what Zachary was holding in his hand when he was revived; an angels feather.
John attempts to take the feather from Zachary, but he's thrown back by some sort of protection. However, since Zed touched the preacher, she established a connection. John determines she might be able to retrieve the feather. After all, she has already gained his trust.
Zachary invites Zed to a baptism ceremony at the local lake, there she is able to get close enough to retrieve the feather. The healed attack and while Zed makes her way to Imogen, John and Zachary fight them off in the church.
During the attack, Zachary confesses to John he accidentally killed a man while driving. John now understands the preacher was headed to hell when he died; not Heaven. It isn't long before the infected return to normal. Zed had successfully replaced Imogen's feather.
John arrives at the barn to find the fallen angel in all her glory. She had intercepted Zachary at the gates of hell and made him believe he was entering Heaven. The fallen angel proves too strong for John and he pleads with Manny for assistance.
The rogue angel, who had remained neutral up to the point, rips Imogen's heart out of her chest. John locks it safely away at the mill house.
After failing to show up for their date, the model Zed had been painting calls her. She apologizes and they agree to meet some other time. However, Eddie has a stranger in the back seat who wants nothing more than to reunite Zed with her father.
Constantine Season 1
Constantine Season 1 Episode 7 Quotes
Constantine: You said snakes?
Zed: Yeah
Constantine: Our training is expanding your psychic awareness. You see there.
Zed: What Kentucky?
Constantine: Middle of bugger all. Seems a preacher was bit by a poisonous snake which explains your vision. He came back to life and started performing miracles. Now he's a bloody star.
Permalink: Seems a preacher was bit by a poisonous snake which explains your vision. He came back to life
Zed: I could feel him John. He was so close to death. I felt what he felt in that moment.
Constantine: An angel so you said. So you get any other sense of Zachary the great and powerful?
Zed: Well, he has good intentions and he's unquestioning in his faith.
Constantine: A bit boring, but okay. Let's say he's not the dark part of this equation.
Zed: Unless he's being manipulated. Blind faith can be a dangerous thing.
Constantine: Spoken from experience.
Permalink: I could feel him John. He was so close to death. I felt what he felt in that moment.