Entries by Doug Howarth

Assumptions vs. Observations: The A380

Assumptions are what we don’t know we are making. Douglas Adams Launched in 2000, the Airbus ceased its A380 (A) production in December 2021, as the 251st unit rolled off the line.  That’s lots of big jets. But, their 20-year goal was 1250.  How did it go so wrong? Assumptions are what we don’t know […]

Long Time Coming

It’s not that I’m so smart, it’s just that I stay with problems longer. Albert Einstein There’s something deeply affecting about staying with a problem for over 30 years. Once you get some resolution, part of you wonders why it took so long to get answers. A more forgiving part of you thanks Einstein for […]

Market And Demand Formation

Tesla is here to stay and keep fighting for the electric car revolution. Elon Musk How do markets form?  What happens when they do?  Let’s look. The modern mass-produced electric car market began in 2009.  As Figure A displays, there was a sole entrant then, the Mitsubishi i-MiEV.  By 2012, in Figure B, many more […]

Call Off the Panic

“Present fears are less than horrible imaginings.”—William Shakespeare The FAA recently made clear it will impose more stringent requirements on Urban Air Mobility (UAM) vehicles.  In response, pundits started screaming about the end of that market even before it began.  They think the added costs are insurmountable. Who told them that? Yes, there will be […]

Life’s Easier With Enhanced Vision

The good thing about science is that it’s true whether or not you believe in it – Neil deGrasse Tyson What would it be like to do astronomy without a telescope, biology sans a microscope, or defend air raids without radar?  We don’t have to live without these visualization aids in the modern world.  We […]

The Little Fund That Could – And Did And Does

Yeah. Beethoven was deaf.  Helen Keller was blind.  I think Rocky’s got a good chance. Adrian, ‘Rocky’ Funny thing about entering a game late.  People think you can’t play just because you haven’t been on the field. Make no mistake.  We’re a late entrant.  Many might think of us as a world-weary veteran reliever, coming […]

Love, Luck, And Technology

It was 20 years ago today/Sergeant Pepper taught the band to play. The Beatles Tim is always with me. That’s not a metaphor.  It is a biological fact. You see, 50 years ago, I was diagnosed with kidney disease.  Back then, such a condition was often a death sentence.  I knew kidneys excreted waste products […]

Abiding By Minimums

One bourbon, one scotch, one beer – George Thorogood In addition to all the great music he made, George Thorogood knew when he wasn’t drinking alone, he could move it on over to his local tavern and abide by their two-drink minimum. Bar owners found enforcing that requirement necessary to keep them in business when […]

The Value And Demand For Taxpayer Dollars

Don’t Worry, Be Happy – Bobby McFerrin In May 2020, CA Gov. Gavin Newsom said he wasn’t worried about Tesla leaving the state.  Last month, when Elon Musk announced he was moving Tesla to TX, the Gov. changed his tune.  It seems he felt he helped create the company, citing the tax breaks he gave […]

Details Depict Markets

If you don’t understand the details of your business, you are going to fail – Jeff Bezos You’ve heard about people getting lost in the details.  What if the opposite is true? Hypernomics finds that diving into details is the only way to comprehend a market. Paul Samuelson wrote, “the equilibrium price…the only price that […]