More From Roadshow 2020 Hyundai Palisade review: Posh enough to make Genesis jealous 75 Photos Share your voice Electric Cars Future Cars Hatchbacks 2020 Kia Telluride review: Kia’s new SUV has big style and bigger value Tags Preview • 2019 Audi E-Tron: A worry-free, all-EV SUV 2020 BMW M340i review: A dash of M makes everything better Tesla Volkswagen News • 2019 Audi E-Tron SUV range and on-sale date released Comment 1 Volkswagen’s ID concept is the start of VW’s electric revolution More about 2019 Audi E-Tron Electric cars: Juice up with all the EV news we’ve got.VW I.D. Buzz: We’ve already driven the future. The first of VW’s I.D. electric cars in Europe will be the Golf-ish-sized hatchback, and there have been more than a few comparisons to Tesla there. Now, VW looks to implement a preorder deposit system that also seems a little familiar.Volkswagen might allow interested parties to place a deposit for the upcoming I.D. hatchback, Automotive News Europe reports, citing an interview with VW brand chief Juergen Stackmann. The deposits will help determine who is ready to make a “serious commitment,” and while Stackmann told ANE it wouldn’t be a large amount of money, it’ll be big enough to attract serious buyers.According to ANE’s report, VW has already floated the idea of a deposit system in test markets, and apparently, customers in EV-friendly European countries are more than willing to try and get an early crack at the first in an onslaught of MEB-platform electric vehicles. Obviously, those putting down deposits would then get priority when the cars start leaving the assembly line, which in the case of the I.D. hatchback should happen in early 2020.Enlarge ImageThe hatchback is already being tested in camouflage, so a proper debut shouldn’t be too far away, especially since its market launch is slated for early 2020. Volkswagen “We have tested it several times in Norway and the customers want it. It’s surprising but people in Norway and Holland want to be a part of it. Germany is definitely not the pacemaker in Europe,” Stackmann said to ANE.The I.D. will be the first of VW’s new electric cars in Europe. It’s about the same size as a Golf, and it’s expected to cost about as much as a fully loaded diesel model, which comes out to between $35,000 and $40,000 in the US. In the US, we’ll get the I.D. Crozz SUV as the first car in 2020, with the I.D. Buzz microbus following in 2022. Tesla first brought the idea of preordering a popular car to prominence with its Model 3 sedan. As ANE notes, critics believed it served the second purpose of helping Tesla stack its coffers as it expanded its manufacturing efforts. Nevertheless, the refundable deposits took off and Tesla ended up sitting on hundreds of thousands of them. VW’s car may not have the Model 3’s cult of personality, but it’ll be interesting to see just how many orders VW can drum up before the car heads to production.
By MEG KINNARD Associated PressGREENVILLE, S.C. (AP) — In South Carolina, many religious Black voters are facing a conflict between a cultural openness for same-sex marriage and their deeply held biblical convictions that could impede support for the 2020 race’s only gay candidate: Pete Buttigieg (BOO’-tuh-juhj).The historically diverse field of Democratic presidential hopefuls is overflowing with options. But it is also forcing conversations about the roles that gender, race and, for the first time, sexuality should play in voters’ decisions.In this Friday, June 21, 2019 photo, Democratic presidential candidate, South Bend, Ind., Mayor Pete Buttigieg speaks at a forum hosted by the Black Economic Alliance in Charleston, S.C. Buttigieg is focusing his efforts this weekend on campaigning in SouthCarolina, where the majority of Democratic primary voters are Black. (AP Photo/Meg Kinnard)The South Bend, Indiana, mayor married his husband, Chasten, in 2018.In addition to his overt expressions of his Christian faith, Buttigieg also has offered a broad policy agenda for African Americans and has been outspoken on the issue of race. This month, he became the first 2020 Democratic candidate to hire a faith outreach director.
Today, Amazon Music announced that Ariana Grande will headline the Amazon Music Unboxing Prime Day concert in New York on July 11, streaming for fans globally on Amazon.com beginning at 8 p.m. ET. The singer will perform a selection of hits and songs from her upcoming album, “Sweetener,” out August 17.Grande joins a previously announced lineup of artists including Kelsea Ballerini, Alessia Cara and Julia Michaels. And unlike the company’s one-time-only “Experiences” with U2 and Justin Timberlake, these performances will be available for replay a limited after the 11th; more details will be available in the coming days.Prime members and fans around the world will be able to stream the performance on www.amazon.com/primeday and at www.twitch.tv/amazonmusic July 11 beginning at 8 p.m. ET. More information is available at www.amazon.com/unboxingprimeday. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Prime Day begins on July 16 at 3 p.m. ET and run through July 17, offering more than 1 million deals for Amazon Prime members, along with select deals at all U.S. Whole Foods stores.In addition to the unboxing event, Amazon Music is now offering an exclusive deal for Prime Day: Prime members who haven’t yet tried Amazon Music Unlimited can get four months of the premium, on-demand service with access to tens of millions of songs and hands-free listening, for just $0.99. To learn more, visit:www.amazon.com/unlimited. Popular on Variety
A newer model of economic growth includes not only capital and labor, but also energy and creativity as production factors. Energy is placed on equal footing as capital and labor. Credit: R. Kümmel. The Second Law of Economics: Energy, Entropy, and the Origins of Wealth Citation: Thermodynamic analysis reveals large overlooked role of oil and other energy sources in the economy (2014, December 31) retrieved 18 August 2019 from https://phys.org/news/2014-12-thermodynamic-analysis-reveals-large-overlooked.html (Phys.org)—The laws of thermodynamics are best known for dealing with energy in the context of physics, but a new study suggests the same concepts could help improve economic growth models by accounting for energy in the economic sphere. Polluting China for the sake of economic growth In neoclassical growth models, there are two main contributing factors to economic growth: labor and capital. However, these models are far from perfect, accounting for less than half of actual economic growth. The rest of the growth is accounted for by the Solow residual, which is thought to be attributed to the difficult-to-quantify factor of “technological progress.”Although neoclassical growth models help economists understand economic growth, the fact that they leave so much economic growth unexplained is a little unsettling. Even Robert A. Solow, the founder of neoclassical growth theory, stated that the neoclassical model “is a theory of growth that leaves the main factor in economic growth unexplained.” Energy, a powerful factor of production In a new study published in the New Journal of Physics, Professor Reiner Kümmel at the University of Würzburg and Dr. Dietmar Lindenberger at the University of Cologne argue that the missing ingredient represented by the Solow residual consists primarily of energy. They show that, for thermodynamic reasons, energy should be taken into account as a third production factor, on an equal footing with the traditional factors capital and labor. (By definition, labor represents the number of work hours per year. Capital refers to the capital stock that is listed in the national accounts, which consists of all energy-converting devices, information processors, and the buildings and installations necessary for their protection and operation. Energy includes fossil and nuclear fuels, as well as alternative energy sources.)The new proposal lies in stark contrast to neoclassical growth models, in which the production factors have very different economic weights, representing their productive powers. In neoclassical growth models, these economic weights or “output elasticities” are set equal to each production factor’s cost share: Labor’s cost share is 70%, capital’s is 25%, and energy’s is just 5%. Real-world implicationsTo test their model on reality, Kümmel and Lindenberger applied it to reproduce the economic growth of Germany, Japan, and the US from the 1960s to 2000, paying particular attention to the two oil crises. In neoclassical models, reductions of energy inputs by 7%, as observed during the first energy crisis in 1973-1975, should have caused total economic output reductions of only 0.35%, whereas observed reductions were up to an order of magnitude larger. By using the larger weight of energy, the new model can explain a much larger portion of the total output reductions during this time. If correct, their findings have major implications. First, the new model doesn’t require the Solow residual at all; this residual disappears from the graphs that show the empirical and the theoretical growth curves. Energy, along with the addition of a smaller “human creativity” factor, accounts for all of the growth that neoclassical models attribute to technological progress.Second, and somewhat unsettling, is the impact that the findings may have in the real world. In 2012, the International Monetary Fund stated in its World Economic Outlook that “…if the contribution of oil to output proved to be much larger than its cost share, the effects could be dramatic, suggesting a need for urgent policy action.” According to the authors’ analysis, the high productive power of cheap energy and the low productive power of expensive labor has implications that we can easily observe. On one hand, the average citizens of highly industrialized countries enjoy a material wealth that is unprecedented in history. On the other hand, cheap, powerful energy-capital combinations are increasingly replacing expensive, weak labor in the course of increasing automation. This combination kills jobs for the less skilled part of the labor force. It is also why far fewer people work in agriculture and manufacturing today than in the past, and more people work in the service sector—although even here, computers and software are replacing labor or causing job outsourcing to low-wage countries. This well-known trend can be understood by the new model’s message that energy is cheaper and more powerful than labor. Where is equilibrium?At the heart of Kümmel and Lindenberger’s model is the concept of thermodynamic equilibrium. As the researchers explain, economies are supposed to operate in an equilibrium where an objective, such as profit or overall welfare, has a maximum. To maximize these objectives, neoclassical economics assumes that there are no constraints on the combinations of capital, labor, and energy. With no constraints, economic equilibrium is characterized by the equality of output elasticities and cost shares, which is one of the assumptions of neoclassical growth models as described above.In their new model, Kümmel and Lindenberger apply the same optimization principles, but also take into account technological constraints on production factor combinations. In reality, a production system cannot operate at more than full capacity, and its degree of automation at a given time is limited by the quantities of energy-conversion devices and information processors that the system can accommodate at that time. Further, legal and social obligations may place “soft” constraints on the production factors, particularly labor.In the new model, these technological constraints on the production factors prevent modern industrial economies from reaching the neoclassical equilibrium where the output elasticities of capital, labor and energy are equal to these factors´ cost shares. Rather, the equilibrium of real-life economies, which are limited by technological constraints, is far from the neoclassical equilibrium.While the model provides a new perspective of economic growth, the ultimate question still remains: what kinds of strategies will stimulate economic growth and reduce unemployment and emissions? Whatever the answer, the results here suggest that it must account for the pivotal role of energy in economic production.”Within the present legal framework of the market, one needs economic growth to ban the specter of unemployment,” the researchers explain. “Energy-driven economic growth, in turn, may lead to increasing environmental perturbations, because, according to the first and second law of thermodynamics, nothing happens in the world without energy conversion and entropy production. And entropy production is associated with the emissions of heat and particles, notably carbon dioxide as long the world uses fossil fuels at the present rate.”Kümmel is also the author of a book on the subject called The Second Law of Economics: Energy, Entropy, and the Origins of Wealth. Explore further More information: Reiner Kümmel and Dietmar Lindenberger. “How energy conversion drives economic growth far from the equilibrium of neoclassical economics.” New Journal of Physics. DOI: 10.1088/1367-2630/16/12/125008 (Left) Economic growth and (right) contributions of the three main production factors to economic growth in Germany in the late 20th century. Credit: R. Kümmel. The Second Law of Economics: Energy, Entropy, and the Origins of Wealth In their analysis, the researchers found that, unlike in neoclassical models, the economic weights of energy and labor are not equal to their cost shares. While the economic weight of energy is much larger than its cost share, that of labor is much smaller. This means that energy has a much higher productive power than labor, which is mainly because energy is relatively cheap while labor is expensive. © 2014 Phys.org Journal information: New Journal of Physics This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
Naureen Mehra, a dynamic and promising disciple of Dr(s) Raja, Radha and Kaushalya Reddy will be having her ‘Rangapravesham’ on November 21 at Kamani Auditorium.In the event tilted ‘Rangapravesham: A solo Kuchipudi dance recital’, she will enthrall the audience with her graceful and intricate dance moves during her first solo performance. The evening will start with an invocation of Lord Venkateshwara in the form of ‘Shree Venkateshwara Stothram’. This will be followed by ‘Dashavtara’ – a dance item which depicts the ten different avatars of Vishnu, the god of preservation. Also Read – Add new books to your shelfThe evening will preceed with ‘Tarana’, a Hindustani musical item, and a composition of the sitar maestro Bharat Ratna Pandit Ravi Shankar. Raja and Radha Reddy have choreographed this item in Kuchipudi classical dance style. The dancer is depicted as a sculpture that comes to life and dances merrily at the temple’s celebration and in the end, feeling sad again freezes back into sculpture. The dancer’s ‘abhinaya’ skills will come to the fore in her performance on the popular sufi song ‘Chaap Tilak’ – a poem composed by Amir Khusro, a 14th century Sufi mystic. Also Read – Over 2 hours screen time daily will make your kids impulsiveComing towards the end, the dancer will give a vibrant performnce of ‘Tarangam’, one of the most popular items from the Kuchipudi repertoire. In this performance, she will showcase her rhythmic footwork patterns by dancing on the rim of a brass plate, depicting famous stories from Lord Krishna’s childhood. Naureen has been training under her world renowned gurus since the tender age of seven years. The contributions of the legendary Kuchipudi dancing couple Padmabhushan Dr Raja Radha Reddy and Dr Kaushalya Reddy to the rich and vibrant cultural landscape of Delhi are immense. They are credited with training hundreds of students under their watchful eyes, so that they carry forward the rich heritage of Kuchipudi and one such student is Naureen Mehra.