Quotulatiousness

May 13, 2015

Driving a Dymaxion replica … Buckminster Fuller’s 1933 car of the future

Filed under: History, Technology, USA — Tags: , — Nicholas @ 05:00

Published on 24 Apr 2015

Buckminster Fuller’s 1933 foray into automobiles gave us the Dymaxion Car, and enthusiast Jeff Lane has one of the only working replicas in the world. WSJ‘s Rumble Seat columnist Dan Neil takes the road zeppelin for a spin…or should we say wobble?

H/T to Open Culture for the link … and do at least check out the over-the-top trailer for The Last Dymaxion on Facebook.

Google search history … and you

Filed under: Business, Technology — Tags: , , — Nicholas @ 04:00

At Reason, Ed Krayewski points out that you now have a way of discovering (and modifying) what Google’s search engine will reveal about you:

In January Google quietly rolled out the capability to view your entire search history with the online service, download a copy of it, and even to delete it from Google’s servers. The new feature wasn’t widely reported online until earlier this month when an unofficial Google blog publicized it.

You can check out your search history here, including web and image searches, and links and images you clicked on as a result. There’s also an option to download under settings (the gear button on the top left of the page), as well as one to “remove items,” including the ability to remove your recent search history or your entire search history.

Why are railroads dragging their feet over more efficient braking systems?

Filed under: Government, Railways, Technology, USA — Tags: — Nicholas @ 03:00

Fred Frailey discusses the U.S. Department of Transportation mandate that all crude oil trains longer than 69 cars must be equipped with electronic brakes by 2021 or they will restrict the speed of oil trains to 30 MPH at all times. The current standard braking system for railroads in North America is pneumatic, which have worked well for decades, but have inherent problems as modern trains have gotten longer and heavier. One of the biggest problems is that pneumatic brakes have a relatively long activation time — when the engineer operates the brake in the lead locomotive, it takes quite some time for that to propagate all the way through the train. This creates situations which can cause derailments as the lead cars begin to slow down, while the rest of the train is still travelling at full speed.

The preferred replacements are called electronically controlled pneumatic brakes (ECP), where instead of the brakes operating by pressure changes in the air line, the brakes would be controlled by a separate electronic circuit that would allow simultaneous brake application in all cars in the train.

It seems electronic braking has no friends in the railroad industry. I find this puzzling. Research I’ve read suggests there is both a safety and business case to be made. One explanation for the bum’s rush being given ECP comes from someone whose career was immersed in railroad technology: “The mechanical departments say the ECP brakes don’t save enough on wheels and brake shoes to justify implementation. The track departments say that ECP brakes don’t reduce rail wear enough to justify implementation. Transportation departments say that ECP brakes don’t save enough fuel to justify implementation. And improved train running times, improved train dynamics, and improved engineer performance are all soft-dollar savings which don’t count. No one ever bothers to sum up total benefits.” Silos, in other words.

So I’ll make the case for ECP. (By the way, the standards were developed two decades ago by the same AAR that now vigorously opposes their implementation.) A train equipped with electronic braking is hard-wired, allowing instant communication from airbrake handle in the locomotive to every brake valve on the cars. The principal advantages are that all brakes instantly apply and release at the same time, the air supply is continually charged, engineers can gradually release and reapply brakes, and undesired emergency braking (dynamiters, they’re called) virtually disappear. In-train forces, such as slack roll-in and roll-out, are greatly reduced, and that lessens the risk of derailment. Moreover, stopping distance is reduced 40 to 60 percent, permitting higher train speeds and higher speeds approaching restricting signals. Longer trains are possible. Longer trains run at higher speeds increase the capacity of the railroad network. Because air is always charging, braking power is inexhaustible; plus, a train can stop and instantly restart. Brakes, draft gear, wheels, and bearings require less maintenance. Existing federal regulations would allow train inspections every 5,000 miles instead of the present 1,500 or 1,000 miles.

Those are a lot of advantages. In a report commissioned by the Federal Railroad Administration in 2005, the consulting company Booz Allen Hamilton estimated the cost of full implementation of ECP at $6 billion and the measurable savings (not including added network capacity) at $650 million a year. Booz recommended that ECP conversion begin with coal trains loaded in Wyoming’s Powder River Basin, then to other types of unit trains (presumably including intermodal trains), and finally the rest of the car fleet — all in a 15-year time frame. “As applied to western coal service,” its report stated, “the business case is substantial,” with a recovery of all costs within three years.

[…]

Several things are going on here. Silos are one. Nobody is looking at the big picture, just his or her little piece of it. The boys in the Mechanical Silo could care less about increased network capacity. The occupants of the Finance Silo don’t want to divert cash flow away from share buybacks, their favorite toy. Most of those in the CEO Silo didn’t come up on the operating side and are probably bored by the subject. In a conservative, mature business like railroading, risk taking and even forward thinking are not rewarded. And the cost of hard-wiring the car fleet would primarily be borne by shippers, who own most of the equipment, whereas railroads would reap the benefits. How to share the benefits with car-owning shippers leads to very difficult negotiations.

The Armenian genocide, a century on

Filed under: History, Middle East, WW1 — Tags: , , , — Nicholas @ 02:00

I saved this post by David Warren, then inconveniently forgot about it until now. Apologies to those concerned, but after a century, a week or two probably don’t make much difference … and perhaps a belated reminder might help keep the event in the minds of a few more readers:

The annihilation of more than a million Armenians (and their descendants) cannot be disputed. The larger estimates seem to be justified. April 24th, 1915, is recalled as a conventional opening event — when leading Armenian figures were arrested in Istanbul, on the pretext that they sympathized with the Russian enemy — but there were events before that. One could mention the Adana massacre of 1909, the Hamidian massacres of the 1890s (hundreds of thousands killed in these), and so forth.

This “Red Sunday” in Istanbul was itself immediately preceded by redder ones in distant Van. The official charge that Armenians were working with the Russians was occasioned by the fact that Russians had come to the aid of the Armenians in Van, threatened with imminent slaughter. In the end, Djevdet Bey, the murderous governor, was anyway able to exterminate more than fifty thousand of the Christians living in that vilayet alone.

Curiously, or not, the events of “Red Sunday,” then many similar as prominent Armenians were rounded up all over the country and sent to holding camps at Ankara from which they would never emerge, is closely connected with the other centenary we are celebrating, today. That is Gallipoli. The Ottoman authorities were acting under the impulse of war, in a moment when they began seriously (and reasonably) to doubt their own survival. But lest this seem an extenuation, it should be remembered that the same authorities had repeatedly turned on the Armenians each time their own global inadequacies had been exposed.

Under the notorious Tehcir Law, a model later for Hitler, all property belonging to Armenians could be seized, and arrangements began for their deportation to — undisclosed locations. These were prison camps which pioneered the methods of Auschwitz and Belsen. Germans and Austrians in the region, as allies of the “Sublime Porte,” were horrified by what they saw, using such descriptors as “bestial cruelty.” There was no possible question that the authorities intended to exterminate, not incarcerate. The Turkish people at large could also see what was happening around them, when not themselves participating in the slaughter. There is no extenuation for them.

The Treaty of Sèvres, after the War, proposed restoration of Armenian native lands within the defunct Sultanate to a new Armenian republic, but in turn triggered another campaign, now by the Turkish nationalists who succeeded the Ottomans. Their law allowed any remaining Armenian property to be seized by the state on the glib ground that it had been “abandoned.” During this later, post-Ottoman phase, perhaps another hundred thousand Armenians were massacred, often in places to which they had fled for safety. Mustafa Kemal “Ataturk,” the great secular Turkish patriot, was direct commander in the later stages of this Turkish-Armenian War, and much progressive effort has been expended washing the blood off his hands.

QotD: Mono-culture banking

Filed under: Bureaucracy, Economics, Quotations, USA — Tags: , , , — Nicholas @ 01:00

One of the factors in the financial crisis of 2007-2009 that is mentioned too infrequently is the role of banking capital sufficiency standards and exactly how they were written. Folks have said that capital requirements were somehow deregulated or reduced. But in fact the intention had been to tighten them with the Basle II standards and US equivalents. The problem was not some notional deregulation, but in exactly how the regulation was written.

In effect, capital sufficiency standards declared that mortgage-backed securities and government bonds were “risk-free” in the sense that they were counted 100% of their book value in assessing capital sufficiency. Most other sorts of financial instruments and assets had to be discounted in making these calculations. This created a land rush by banks for mortgage-backed securities, since they tended to have better returns than government bonds and still counted as 100% safe.

Without the regulation, one might imagine banks to have a risk-reward tradeoff in a portfolio of more and less risky assets. But the capital standards created a new decision rule: find the highest returning assets that could still count for 100%. They also helped create what in biology we might call a mono-culture. One might expect banks to have varied investment choices and favorites, such that a problem in one class of asset would affect some but not all banks. Regulations helped create a mono-culture where all banks had essentially the same portfolio stuffed with the same one or two types of assets. When just one class of asset sank, the whole industry went into the tank,

Well, we found out that mortgage-backed securities were not in fact risk-free, and many banks and other financial institutions found they had a huge hole blown in their capital.

Warren Meyer, “When Regulation Makes Things Worse — Banking Edition”, Coyote Blog, 2014-07-07.

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