**Note to Self**: Malthusian Growth Epoch Differential Equations—Analytic: **Principal Reference**: **Mark Koyama**: [Could Rome Have Had an Industrial Revolution?](https://medium.com/@MarkKoyama/could-rome-have-had-an-industrial-revolution-4126717370a2) ---- ## Quantifying "Two Heads Are Better than One" Let us take four cases as possible rough descriptions of the agrarian age from 5000 BCE to 1500 CE. Note that all of these apply _only_ during the agrarian age Malthusian epoch. They are irrelevant and do not apply during the previous pre-agriculture, pre-herding, pre-writing gatherer-hunter age. They are irrelevant and do not apply during the subsequent commercial age, when it did or whenever it would have started. They are: 1. Two heads are better than one, and twice as good as one: the rate of technological and organizational progress might be proportional to the global population. 2. While two heads are better than one, each of us has only a limited amount of time to listen; The rate of technological and organizational progress might be proportional to the square root of the global population. 3. While two heads are better than one, we really are far from being a true anthology intelligence: each doubling of the population only does as much to advance inmeaning that the rate of technological and organizational...
**Mark Koyama**: [Could Rome Have Had an Industrial Revolution?/span>](https://medium.com/@MarkKoyama/could-rome-have-had-an-industrial-revolution-4126717370a2) ---- ## The Malthusian Epoch and Its End The agrarian age Malthusian epoch in human economic-demographic history had three principal driving characteristics: 1. Technological and organizational advance was slow and stable relative to movements in population. 2. Standards of living wer near "subsistence", in that increases in living standards produced increases in population growth, and decreases in living standards declines. 3. Resources were important, inasmuch as average productivity declined with increasing population, adjusting for the state of technology and organization. In the Malthusian epoch living standards were near "subsistence": just enough above the level the would have produced zero population growth to generate slow population growth at the rate warranted by the slow advance of technology and organization. When population growth was faster than that warranted rate, living standards tended to decline and population growth thus to slow. When population growth was faster than that warranted rate, living standards would then rise and population growth would then accelerate. In history, humanity broke out of the Malthusian epoch. The pace of technological and organizational advance became rapid enough that sustaining the then-warranted rate of population growth required living standards that were high...
Trade, Merchants, and the Lost Cities of the Bronze Age -- by Gojko Barjamovic, Thomas Chaney, Kerem A. Cosar, Ali Hortacsu
We analyze a large dataset of commercial records produced by Assyrian merchants in the 19th Century BCE. Using the information collected from these records, we estimate a structural gravity model of long-distance trade in the Bronze Age. We use our structural gravity model to locate lost ancient cities. In many instances, our structural estimates confirm the conjectures of historians who follow different methodologies. In some instances, our estimates confirm one conjecture against others. Confronting our structural estimates for ancient city sizes to modern data on population, income, and regional trade, we document persistent patterns in the distribution of city sizes across four millennia, even after controlling for time-invariant geographic attributes such as agricultural suitability. Finally, we offer evidence in support of the hypothesis that large cities tend to emerge at the intersections of natural transport routes, as dictated by topography.
TELUS (TU) witnesses massive gain of wireless and wireline subscribers in third-quarter 2017.
TELUS (TU) to gain from its solid foothold in the global IoT market in Q3. The company is focusing on its PureFibre network business, which is likely to bode well.
The finalists: 'Market, ninjas, inflation and euroman' by Vid Kregar, 'Le bitcoin peut-il remplacer l'€uro ?' by Arnaud Gantier and Valentin Levetti, 'La BCE doit-elle aider les États en difficultés ?' by Théo Petrignet and Jules Marie, 'Bitcoin, money of the future?' by Jason Halbgewachs and Michiel van Aarnhem, 'Faut-il avoir confiance dans sa monnaie ?' by Marina Quenan.
BCE reports massive gain of wireless postpaid customers, high-speed Internet customers and IPTV customers in Q3. However, it witnesses subscriber loss in wireless prepaid segment and satellite TV.
BCE expects wireline segment to revive in Q3 on the back of increase in net revenues. However, loss in local access lines remains a major concern.
Shaw Communications Inc. (SJR) added a net 29,089 wireless customers in the fourth quarter of fiscal 2017.
It is to be seen whether Shaw Communications (SJR) can maintain last quarter's massive user gain in the quarter to be reported in the highly competitive Canadian wireless market.
The regulated nature of operations provide Utility stocks a stable flow of earnings and in turn they reward their shareholders with steady dividend rates.
A major characteristic of the telecommunications industry is that it is immune to international geo-political disturbances even when these lead to economic fluctuations.
Ubisoft has enlisted leading Egyptologists, historians and hieroglyphics-deciphering AI to create an authentic experience of the age of CleopatraIn 49 BCE Cleopatra ascended to the Egyptian throne amid enormous geopolitical upheaval and radical change. With the final war of the Roman Republic brewing, the period has proven hugely influential in fine art, theatre and film, from Shakespeare to Hollywood. But later this year it may be subject to its most rigorous investigation yet: a video game.Out at the end of October, Assassin’s Creed: Origins, follows the story of Bayek, a military officer looking to protect his people as Julius Caesar’s Roman army threatens invasion. The game is set to feature a vast open-world recreation of ancient Egypt, featuring several cities as well as stretches of wilderness and ocean. As with all titles in the series, historical events and figures are set to figure, but this time, the gargantuan project isn’t just about the game – Ubisoft has more ambitious plans for its rich simulation. Continue reading...
Top Analyst Reports for Citigroup, 3M & Walgreens Boots