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Book part
Publication date: 1 June 2011

Ross B. Emmett

It is more and more clear to me that the final question in regard to values, which is to say the final question in one's interpretation of life and the universe, is this…

Abstract

It is more and more clear to me that the final question in regard to values, which is to say the final question in one's interpretation of life and the universe, is this which I have tried to focus in the epigrammatic phrase “such that.” Is the inner nature of things – especially of people – “given” in such a sense that all their doings and manifestations are but the “expression” or “manifestation” of a given inner nature, that what they do in the broadest sense follows inevitably from [w]hat they are at the moment of the doing? Or on the other hand is there “more” to than that? Is there a margin of choosing to be one thing or another, or choosing to do in a sense which involves choosing to be, as well as expression or manifestation of what one already is? It is the essential message or point of Bergson's philosophy. Cf. also B. Russell, Analysis of Mind, and Seman's work to which he refers. Russell inclines to the view that what a person or animal does expresses what he is, exactly and completely, but admits it is an assumption, unprovable. He is no fool. He also admits that what one is at any moment depends within widest limits on his history, but assumes also that this unfolds according to law, that the changes which one's nature undergoes in any experience or act are also an expression of and theoretically predictable from what one's nature was the moment before and the conditions surrounding the experience or act. But he recognizes that this also is an unprovable assumption.

Details

Frank H. Knight in Iowa City, 1919–1928
Type: Book
ISBN: 978-1-78052-009-4

Book part
Publication date: 6 September 2012

Alfred Wirth

I look forward to hearing your presentations of your papers. And, perhaps even more importantly, learning and obtaining new insights from subsequent interaction. As our…

Abstract

I look forward to hearing your presentations of your papers. And, perhaps even more importantly, learning and obtaining new insights from subsequent interaction. As our Austrian School forbears stated, our knowledge as individuals is very limited and all of us will often make mistakes. The increased expertise has not improved this – it may be harder now as each expert knows more and more but about less and less as his field becomes ever more concentrated and thereby shrinks.Yet by our interaction, usually in some form of competition, our varying expertise, differing knowledge and individual approaches will get the total closer to right over time. We’ll approach equilibrium but of course never quite get there since nothing stands still and the world itself is constantly changing.I have always been fascinated by that miracle in which competing entrepreneurs produce an outcome that is more efficient and better than most would have done individually and look forward to obtaining greater insights as you present your papers.We last met in the fall of 2008, a period of rapid financial meltdown and severity of stress none of us had ever experienced. Of course the last similar crisis took place nearly 80 years ago in the 1930s, long before any of us were born. And in that distant past, there were two main suggestions of how to fix it: the Austrian approach and that of J. M. Keynes. Part of the latter's solution was applied then, and again this time.We asked the attendees, most of whom are represented by the papers in this volume, for comments or suggestions: What would you do now?We spent an hour in this discussion and, I believe:1) recognized that the Austrian School approach would be to allow interest rates to revert to normal levels from the artificially low yields which had misled entrepreneurs in the first place, but 2) accepted the reality that today's politicians had to take action and be seen as doing so.Three weeks earlier I had attended two days of meetings of the Hayek Society in Vienna. Along with some academics, the majority of the members consisted of business men, lawyers, practicing economists, psychologists and even politicians including the two Mr. Pauls from the US (Representative Ron Paul by video call). To my surprise, the consensus appeared to be to let business work out its own problems because no person, not even an expert, can know the future and therefore a perfect solution.It appears that the massive infusions of cash by all governments really have shortened the duration of our global problems. We must be grateful, but we also still need a long-term solution. As I said then and repeat now, giving a drunk some more drinks the morning after makes his hangover more bearable, but we still need to find out how to wean him off excessive alcohol. Our governments have spent, and in most cases are continuing to spend much more money to get us past the meltdown. But this money will need to be repaid by future spending cuts. And we are still living with abnormally low interest rates which will at some point mislead entrepreneurs into risky ventures with inadequate returns. We are building the next bubble.While no one knows exactly what we should do, I expect that the insights and views on expertise presented here, may help to clarify this challenge.

Details

Experts and Epistemic Monopolies
Type: Book
ISBN: 978-1-78190-217-2

Article
Publication date: 16 May 2022

Mengxing Li, YanLi Zhang, Ying Jing, Zhen Wang and Dexin Xie

The purpose of this paper is to improve the modeling accuracy of the magnetostrictive hysteretic characteristics by introducing hysteresis energy instead of pinning energy…

Abstract

Purpose

The purpose of this paper is to improve the modeling accuracy of the magnetostrictive hysteretic characteristics by introducing hysteresis energy instead of pinning energy in the assembled domain structure model (ADSM).

Design/methodology/approach

First, the magnetostrictive characteristics and the domain movement process in an electrical steel sheet are measured and observed. The reasons for the influence of stress on magnetostriction are discussed on the mesoscopic level. Second, the ADSM model using the hysteresis energy is investigated to estimate the influence of external stress. Finally, the simulation results of the modified ADSM model are compared with the experimental data under the same calculation conditions.

Findings

The results show that the improved model not only explains the cause of hysteresis clearly from the perspective of the magnetic moment but also improves the modeling ability of magnetostrictive hysteretic.

Originality/value

The magnetostriction in electrical steel lags behind the external magnetic field, and it is significant for reducing core vibration to estimate the magnetostrictive hysteretic property accurately. This paper proposes an effective approach to model the hysteretic characterization of magnetostriction.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0332-1649

Keywords

Article
Publication date: 3 May 2022

Mark Klassen, Grant Alexander Wilson and C. Brooke Dobni

The purpose of the paper is to emphasize the performance benefits of a long-term innovation and value creation perspective. This paper responds to the recent concept of…

Abstract

Purpose

The purpose of the paper is to emphasize the performance benefits of a long-term innovation and value creation perspective. This paper responds to the recent concept of the imagination premium method for valuing companies. It offers four key takeaways to create a long-term innovation-focused orientation for future value creation.

Design/methodology/approach

The research is based on both consulting experience and insight from several studies of executives that were supported by the U.S. Conference Board.

Findings

The research differentiates how high versus low innovators create long-term perspectives and value. High innovators have explicit processes that support innovation, leadership that focuses on long-term performance, resources committed to long-term projects and innovation and knowledge management systems that transfer knowledge throughout the organization.

Research limitations/implications

The research offers strategic directives aimed at creating long-term value but acknowledges that there are other means to accomplish such objectives.

Practical implications

This paper offers strategies for executives to create an innovation-focused organizational culture that drives lasting long-term value.

Social implications

Focusing on long-term innovation prioritizes larger social, environmental and business objectives over superficial short-term stock price changes, leading to greater value-creation.

Originality/value

This paper advocates that leadership play the long game and adopt a longer-term view of innovation due to its long-term competitive, employee engagement, sustainability and performance benefits.

Details

Journal of Business Strategy, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0275-6668

Keywords

Article
Publication date: 13 May 2022

Marcel Ciesielski and Pawel Zygmunt Witczak

The aim of this paper is to find a fast-acting numerical model of the phase shifter.

Abstract

Purpose

The aim of this paper is to find a fast-acting numerical model of the phase shifter.

Design/methodology/approach

The 3D FE model of the investigated unit is presented and compared with the results of the measurements. Due to its size, it is not suitable for transient analyses. The simplified 2D finite elements approach is discussed afterwards, with the identity of the magnetic energy stored in both models as the criterion of similarity between 2D and 3D models.

Findings

The introduction of scaling factors for the magnetic permeability values in particular volumes of the two-transformer set of the phase shifter enabled acceptable accuracy in calculations of the basic exploitation parameters of the phase shifter.

Research limitations/implications

The developed methodology allows the analysis of the exploitation conditions of two separated transformers connected in a power grid inside the single finite elements model.

Originality/value

Although the numerical models of power transformers are extensively discussed in the literature, the usage of the equivalent fast 2D model for the representation of two cooperating transformers at load conditions was not published yet.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0332-1649

Keywords

Expert briefing
Publication date: 9 May 2022

The chances of Russian leaders being held to account are remote, but the weight of evidence combined with international pressure mean this cannot be discounted. US…

Details

DOI: 10.1108/OXAN-DB270059

ISSN: 2633-304X

Keywords

Geographic
Topical
Article
Publication date: 9 May 2022

Yanhong Yan, Xiaocui Yan, Chengwen Yang, Yanfei Zhou, Zhining Jia and Caizhe Hao

The purpose of this study is to improve the dispersion of nanoserpentine modified with OA, KH550 and KH550/oleic acid in lubricating oil. The main aims are to analyze the…

Abstract

Purpose

The purpose of this study is to improve the dispersion of nanoserpentine modified with OA, KH550 and KH550/oleic acid in lubricating oil. The main aims are to analyze the influence of the dispersion and stability of nanoserpentine modified by different modifiers on the friction properties of lubricating oil.

Design/methodology/approach

The nanoserpentine particles obtained by ball-milling were modified by silane coupling agent KH550, OA and KH550/OA, respectively. The dispersity and stability of nanoserpentine in base lubricating oil were characterized by the absorbance value method, centrifuge precipitation rate method and static observation method. The MMU-5G screen display friction and wear tester was used to evaluate the tribological properties of C45E4/C45E4 friction pairs in corresponding lubricating oils. The surface morphology of the friction pairs was observed by scanning electron microscopy and energy dispersive spectroscopy.

Findings

The results showed that the dispersity and stability of nanoserpentine particles in lubricating oil were best modified by OA, followed by the KH550/OA and finally, the KH550. Nanoserpentine particles modified with oleic acid showed optimum tribological properties as lubricant additives.

Originality/value

This study can improve the dispersion stability of nanoserpentine particles in lubricating oil, increasing the antiwear and antifriction performance of lubricating oil, which has great significance in economic and military aspects.

Details

Industrial Lubrication and Tribology, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 4 May 2022

Paul Makin and Lisa Ogilvie

The purpose of this paper is to contribute to a series of recovery stories that examine candid accounts of addiction and recovery. Shared components in the recovery…

Abstract

Purpose

The purpose of this paper is to contribute to a series of recovery stories that examine candid accounts of addiction and recovery. Shared components in the recovery process are considered, along with the change and growth needed to support the transition from addiction to recovery.

Design/methodology/approach

The connectedness, hope, identity, meaning in life and empowerment (CHIME) framework comprises five elements important to recovery. CHIME provides a standard to qualitatively study recovery. As a model, it has been extended to include growth-CHIME (G-CHIME), an element that is important for sustained addiction recovery. In this paper, a first-hand account of addiction recovery is presented, followed by a semi-structured e-interview with the author of the account that is based on the G-CHIME model.

Findings

This paper shows that addiction recovery is a remarkable process that can be effectually explained using the G-CHIME model. The significance of each element in the model is apparent from the biography and e-interview presented.

Originality/value

To the best of the authors’ knowledge, each account of recovery in this series is unique and, as yet, untold.

Details

Advances in Dual Diagnosis, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1757-0972

Keywords

Article
Publication date: 9 May 2022

Robert Bogue

This paper aims to provide an insight into recent developments in the robotic exoskeleton business by considering research, corporate activities, products and emerging…

Abstract

Purpose

This paper aims to provide an insight into recent developments in the robotic exoskeleton business by considering research, corporate activities, products and emerging applications.

Design/methodology/approach

Following a short introduction, this first provides examples of exoskeleton research involving artificial intelligence (AI). It then identifies recent market entrants and their products and discusses emerging industrial applications. Finally, conclusions are drawn.

Findings

The exoskeleton business is in a highly dynamic state. A research effort involving AI techniques seeks to impart exoskeletons with greatly enhanced capabilities, particularly in clinical applications. Many new companies have been established during the past decade, and several are exploiting academic research. The majority are targeting applications in the clinical market. The industrial sector is viewed as a key growth area, but applications remain limited, although some exist for robotic gloves, upper-body, waist and lower-body devices in the logistics, construction, automotive and other industries. Industrial applications for full-body exoskeleton are yet to progress beyond the trial stage.

Originality/value

This provides details of recent academic and corporate developments and emerging industrial applications in the robotic exoskeleton business.

Details

Industrial Robot: the international journal of robotics research and application, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0143-991X

Keywords

Article
Publication date: 19 May 2022

Shaik Heruthunnisa and Chandra Mohana Reddy B.

The purpose of this paper is to study formability, tensile properties, dislocation density and surface roughness of incrementally deformed Ti–6Al–4V alloy sheets during…

Abstract

Purpose

The purpose of this paper is to study formability, tensile properties, dislocation density and surface roughness of incrementally deformed Ti–6Al–4V alloy sheets during single-point incremental forming (SPIF) and multi-point incremental forming (MPIF) process. The development of corrosion pits in 3.5% NaCl solution has also been studied during SPIF and MPIF processes.

Design/methodology/approach

In this study, the formability, tensile properties, dislocation density, surface roughness and corrosion behaviour of deformed Ti–6Al–4V alloy sheets were studied. A potentio-dynamic polarization (PDP) study was conducted to study the corrosion behaviour of Ti–6Al–4V alloy samples during SPIF and MPIF processes and the results were also compared with base material (BM) in 3.5% NaCl solution. Scanning electron microscopy (SEM) and transmission electron microscopy (TEM) analyses were carried out to study the corrosion morphology and dislocation densities of deformed samples.

Findings

The deformed Ti–6Al–4V alloy sheets obtained higher plastic deformation, high tensile strength, good surface roughness and good corrosion resistance during MPIF process when compared with SPIF process.

Research limitations/implications

It has been concluded that the maximum strain and good corrosion resistance have been achieved with MPIF process, which in turn increases the plastic deformation as compared with BM.

Practical implications

This study discussed the formability, tensile properties, surface roughness and corrosion behaviour of deformed Ti–6Al –4V alloy sheets during incremental sheet forming (ISF) process.

Social implications

This study is useful in the field of medical, industrial and automobile applications.

Originality/value

The Ti–6Al–4V alloy is deformed using MPIF process, achieving better formability, tensile strength, good surface roughness and corrosion rate, and the same is evidenced in forming limit diagrams (FLDs) and PDP curves.

Details

Anti-Corrosion Methods and Materials, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0003-5599

Keywords

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