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7/27/2019 Lineage Feb 2014
FROM THE EDITOR
KSEB Engineers Association is organizing a seminar series on the role of phasor measurement uniin Power systems. The article appearing in this issue of LINEAGE on the subject has been lifted from thesis paper published by a US university a few years ago. The limited purpose is to arouse curiosiof the reader in the new area of technology. Inquisitive seniors are requested to gather more informatioand share the knowledge with LINEAGE readers.There is a wide variety of fare included in the February issue, ranging from benefits of tea and exercisto sane counseling on behavior, survival, conjugal relations and other mundane matters. The prayer God is a true self-assessment deserving a revered place in our lives, like a code of conduct for elder
Mobile mania is set to grow further, and the caution from the Malayalam novelist, Benyamin is timelThe theory of scarcity is illuminating. The poem, Bus in Thullal style is lent to us by guest writeEr.Asokan, a batch-mate of Mohanan Nambiar at Palakad Engineering College. We gratefully appreciathe contributions from Ers. EC.Joseph, TC.Govindan, Suhair, KNC and Sasi.
ENJOY READING! Damodaran Nayanar
I have downloaded LINEAGE January2014; could not wait to read it. I would congratulate th
Lineage team especially, the Art Editor as the journal is getting improved very much. Wish th
LINEAGE will be able to bring out still better issues in 2014.
7/27/2019 Lineage Feb 2014
My dear God, you know that I am growing older. Keep me from becoming too talkative, from repeatinall my jokes and anecdotes and particularly, keep me from the tiresome habit of expressing an opinioon any subject. Release me from the craving to straighten out everyones affairs. Keep my mind frefrom recital of endless details; give me wings to get to the point.Give me the grace dear GOD, to listen to others as they describe their aches and pains. Help me endur
the boredom with patience and keep my lips sealed; for my own aches and pains are increasing number and intensity and the pleasure of discussing them is becoming sweeter as the years go by.Teach me the glorious lesson that occasionally I may be mistaken. Keep me reasonably sweet; I donwish to be a saint (saints are hard to live with but sour old person is the work of Devil!) Make mthoughtful, but not moody; helpful but not pushy; independent, yet able to accept with graciousnesfavours that others bestow on me. Free me of the notion that simply because I have lived a long timeam wiser than those who have not lived so long. I am older, but not necessarily wiser!If I do not approve of some of the changes that have taken place in recent years, please give me thwisdom to keep my mouth shut. GOD, please know that when the end comes, I would like to have friend or two left. Amen!
(Recommended by: Er.E.C.Josep
Does Scarcity Scare You?
Do you remember the movie Space balls? There is a scene in which President Skroob, played b
Mel Brooks, reaches into his desk drawer to open a can of clean Perri-air after assuring
news agency that there is absolutely no air shortage whatsoever. While it may seem ludicrou
that there would ever be a scarcity of clean air, living in polluted cities such as Beijing, Manil
or Los Angeles shows that clean air is not as abundant as it once was.
For most of us, it is hard to imagine an abundant society. Abundance sounds nice. Th
concept of living in an abundant world feels good. No more worries about survival. Access t
everything we may need or want .However, unless you are part of the group of people tha
comprise the top 0.1% of economic income, the reality of an abundant world feels like a pip
The opposite of abundance is scarcity. Most people are familiar with scarcity scarcity o
money, time, and meaning for the more fortunate or food, water, and shelter for the least.
cursory glance at the conditions of human life on earth might conclude that we live in a scarc
world, but is that really true?
If one defines scarcity as an insufficiency or shortness of supply, then it should be fairly eas
to distinguish whether we live in a scarce world. We simply ask the question, is there enoug
of x to meet the needs of all human beings? Lets see.
Statistics show that there are an estimated 925 million hungry people in the world, whic
would imply that food is scarce. However, the world produces 2,720 kilocalories per perso
per day of food, more than enough to feed everyone on the planet. Food is not scarce.
Statistics show that approximately 630,000 people in the United States are homeless, which
7/27/2019 Lineage Feb 2014
would imply that housing is scarce. However, there are over 19 million vacant homes in th
United States, more than enough to house all those living on the streets. Housing is not scarc
It seems as though there is enough supply to meet the need for both food and housing, ye
the reality for many people is that they are both scarce. They simply do not have the money t
afford these basic necessities. Is money scarce?
Statistics show the amount of government and personal debt in the United States is now mo
than $34 trillion dollars, which would imply a lack of money. However, there is about $1trillion dollars in the money supply.
Wait one second! Money is scarce! And when you investigate why, you will find that it is no
scarce by accident. Due to the manner in which money comes into existence through interest
bearing debt, money is always in short supply. This is because when loans are made, only th
principal is created, while the corresponding interest must be found in the marketplace in
never ending competition to avoid bankruptcy.
And herein lies the problem. Why would the resource required for sustaining life in th
economy be purposefully made scarce? (If we look hard enough, we may even find the sourc
of our competitive world as well.)
Abundance is the enemy of a free market economy. One need only attempt to sell an abunda
resource (i.e. sand at the beach) to realize the futility in that endeavour. In the free mark
system, goods must be scarce so that people would be willing to buy them.
Long ago, entertainment, in the form of community gatherings, singing groups, and tow
festivals was abundant and free. Today, most people purchase entertainment throug
television, movies, sports, and concerts making the entertainment business a multi-billiodollar industry. From entertainment to child care to bottled water, many modern products an
services that were once abundant and free have been made scarce and consequently are ab
to be bought and sold. But are there examples of things that were once scarce that hav
become abundant, and what kind of impact did that have?
Thirty years ago, a gigabyte (GB) of data storage was very scarce. It fetched a hefty sum clos
to half a million dollars. Today a GB of data storage costs about seven cents retail and as low
as three cents wholesale. Storing a digital copy of a two-hour movie costs less than a dim
While still not free and as abundant as air, many companies such as Google, YouTube, Facbook, and Drop box offer many gigabytes of free personal storage to any user with an e-ma
address. Data storage is now abundant.
This abundance of data storage has led to a revolution in global communications that
connecting the human race unlike ever before. People are now able to upload and share digit
content on what would have been considered to be an unimaginable scale just a few decade
ago, causing a huge leap in the extension of human empathy globally. This is not the first tim
that new technologies created abundance that transformed society. As Jeremy Rifkin writes
The Empathic Civilization:
7/27/2019 Lineage Feb 2014
Before print, people shared their thoughts together orally, in face-to-face dialogue an
exchange. The print revolution helped nurture a more meditative environment The mnemon
redundancy of oral communication and the subjective eccentricities of medieval script we
replaced by a more rational, calculating, analytical approach to knowledge_ This shift
consciousness prepared the way for a new idea of human progress [and the Industri
The emergence of free, ubiquitous sharing of information, the dawn of the information ag
and the ability for people the world to connect, and share ideas has created a unifying forcwith the potential to transform civilization itself.
That is if we can create abundant energy. Despite being around for a century, energy
becoming scarcer, as evidenced by the steady rise of gas prices. Additionally, oil pollutio
resulting from the Deepwater Horizon spill and higher CO2 concentrations from the filth
Alberta Tar Sands pose other ecologically-transparent, yet economically-hidden, costs. If th
trend continues, fewer people will be able to afford to drive cars, heat their homes, and eve
buy food. However, the world uses an estimated 16 terawatts of electricity annually sola
power has the potential to produce 6,000 times current global production, certainly enough tcreate abundant energy.
Abundant, distributed, clean energy is the key to a just and sustainable world. With abundan