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In New York a retired Admiral by the name of Fiske has patents on a hand reading machine

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which sells for a dollar; it is used in reading microscopic type through a magnifier. Admiral Fiske states: “I find that it is entirely feasible, by suitable photographic or other process, to reduce a two and one-half inch column of typewritten or printed matter to a column one-quarter of an inch wide, so that by arranging five of such columns side by side and on both sides of a paper tape, which need not have a width greater than one and one-half inches, it becomes possible to present one hundred thousand words, the length of an average book, on a tape slightly longer than forty inches”.

Recently the publishers of the New York telephone book owing to the unwieldy increase in the ponderosity of its tomes, considered the idea of using the Fiske machine and printing its product, advertisements and all, in pages three inches tall, in type unreadable by the naked eye. The idea is excellent and eventually will force its way into universal acceptance because the present bulk of phone directories hardly can be expanded unless hotel rooms and booths are enlarged. The inconvenience of searching through the massive volumes of several boroughs has brought New York to the necessity of giving birth to an invention.

But book me no books! In the Fiske Machine we have still with us the preposterous page and the fixity of columns. It is stationary, static, antiquated already before its acceptance, merely a condensed unbound book.

The accumulating pressure of reading and writing alone will budge type into motion, force it to flow over the column, off the page, out of the book

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where it has snoozed in apathetic contentment for half a thousand years. The only apparent change the amateur reader may bemoan is that he might not fall asleep as promptly before a spinning reading roll as over a droning book in his lap, but again necessity may come to the rescue with a radio attachment which will shut off the current and automatically stop the type-flow on receipt of the first sensitive vibration of a literary snore.

Chapter iv: eye-lingo

Revolutionize reading and a Revolution of the Word will be inklessly achieved. There have been rumblings of word battles from the eras of Rabelais and Shakespeare through the inarticulate arm-waving time of Whitman down to the deafening present. Creative writers have searched for new forms of word communication, methods of greeting more mental and aesthetic than dogs continue to employ so unimaginatively. Bawling creative Babes in the Word continue their struggle to shatter the filmy caul they were born with and get at the rosy nourishing nipples of their mother, the Sphinxlike Reader. Manifestos have been broadcast in all tongues in all times, dating from the one God issued at the Tower of Babble, which carries on today in the Unknown Tongue by which Holy Rollers commune. Perhaps when we

Questions & Answers

how environment affect demand and supply of commodity ?
Amos Reply
Wht at the criteria for market ?
Amos
what is difference between monitory policy and fiscal policy?
Malik Reply
monetary policy is a policy thrust by National Govt(CBN) to influence government spending, purchase &taxes
Frank
necessity of economics
Pamela Reply
I will say want,choice,opportunity cost,scarcity,scale of preference
Alao
what is monopoly market.How price output are determined under monopoly market
bisham
b) Monopoly market is an impecfect market where s single firm having the innovation to produce a particular commodity.Prices are determined through output since there are no other competitive.
Frank
Monopoly market:firm has market power & does not respond to market price
Frank
Explain the process of price determination under perfect competition market with suitable diagram
bisham Reply
Price determination under perfect competition via this process :firms have no market power to influence price rather firms respond to market price.
Frank
price is different from demand- demand is amount of commodity
Effah Reply
demand is amount /quantity of commodity a potential buyer is willing to buy at a given price at market
Frank
demand is a desire of customer on commodity with the ability to pay it and willing to buy it at given price of commodity
Harika
demand is price of what
Faith Reply
show that shortrun average cost
Baby Reply
what is economics
Mbah Reply
what is money
Mbah
what is money
Mbah
Difine macro economics
agaba
money is a medium of exchange between goods and services,maybe inform of currency.
Wesonga
Economics is study of how human beings strive to satisfy numerous wants using limited available resources.
Wesonga
how do you find the maximum number of workers the firms should employ order to produce where there are increasing returns
Jane
what are implications of computing national income?.
agaba
pl
MUDASIRU
what is the formulae for calculating national income
MUDASIRU
it calculated by value added method
Praveen
classify the production units like agriculture, banking, transport etc
Praveen
money is anything that is generally acceptetable for human
Ogbaji
Estimate the net value added(NVA) at fixed cost by each industrial structure
Praveen
definition of unemployment
Adam Reply
what are the causes of unemployment?
Mbubi Reply
The main causes of unemployment are listed below. 1. Frictional unemployment 2. Cyclical unemployment 3. Structural unemployment
assani
We can also categorize the causes on a broader sense as: 1. Political and 2. Social cause As unemployeement root causes are embaded in this two.
Yonathan
would opportunity cost exist if there was no scarcity?
assani
yes just because the opportunity cost arose when there is Alternative to choose among the alternatives.
BADAMASIU
I am thinking that, if our resources were unlimited, then there wouldn't be any need to forgo some wants. Hence the inexistence if opportunity cost
assani
Politics
Job
politics has done what?
assani
consider time assani
Mary
I'm Emmanuel,...I taught the main cause is the change in gov't.
Emmanuel
...Lack of capital to set up a firm respectively
Emmanuel
🙈
Emmanuel
I would like to bring in Educational levels can also be the cause the cause of the problem respectively
Emmanuel
I think the main causes of unemployment is lack of INFRASTRUCTURAL DEVELOPMENT OVER POPULATION OVER DEPENDENT ON GOVERNMENT LACK OF SELF EMPOWERMENT...
ananti
lack of skills among the new generation is the serious issue.
Vishal
Where I come from , I don't see why education or personal aspects seem to do with unimployment, technically the motivation and eigerness in all works of live is there , dispite the cultural influence and physical bearriors;the thing we lacking is Government Support and open market ethics.
Joe
sorry about that-(repation). We have a over powering ethical political system that's displacing the marketing asspects of economy and causing large scale unemployment right across the board...
Joe
can someone Explain Expansionary Monetary Policy and Contractionary Monetary Policy Using one of the instrument of Monetary Policy? Please am kinda lost here?. ta
Emmanuel Reply
using a graph show the case of substitute and compliment goods
Ade Reply
can anyone give me a simple explanation to Five Sector Macroeconomics?
Emmanuel
Can someone please define what economics is
jason Reply
economics simply is a social science subject that study human behavior.
dajan
economics is a social science which studies human behaviour as a relationship between ends and scarce means that has alternative uses
Alao
Can someone please tell me how to calculate GDP
Emmanuel
emmanual kapal to calculate GDP (Gross Domestic Product) has three method in calculating it (1)income approach (2) expenditure approach (3) value added method
Alao
thanks Alae
Emmanuel
u are welcome
Alao
in basic terms economics is revered to as battery system, it date back to when Men sees the need to exchange sapless goods and produce to gain , either wealth , basic necessities or to establish trading ties for personal benefit or social asspects in terms of coexistence and continuity, future .
Joe
what is the law of demand
Berlinda Reply
keep other thing constant, when the price increases demand decrease when the price decreases demand increases of the commodity.
sj
all things being equal,quantity demanded decrease as price increase and increase as price decrease
Seth
there's practial joke to it ..." the higher the demand ; scarcity, increase in production and drop in quality"... quite the controversy - for example China vs Europe, United States and we are all boxed up in between somewhere...
Joe
Other thing remain constant the low price of commodity the high quantity of commodity and vice versa is true
Baraka
Explain Effective demand
Anita Reply
What is effective demand
Anita
like Modi is in demand...best example of effective demand
Pranav
Don't get you
Anita
Anita you mean you don't get me or who?
Onyeking
level of demand that represents a real intention to purchase by people with the means to pay
Pranav
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Source:  OpenStax, The readies. OpenStax CNX. Aug 21, 2009 Download for free at http://cnx.org/content/col10962/1.1
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