Category Archives: economics

My hero, Peter Cooper of New York, 1791-1883.

Peter Cooper

It’s good to have hero, someone whose approach to life, family and business you admire that you might reasonably be able to follow. As an engineer, inventor, I came to regard Peter Cooper of New York as a hero. He made his own business and was a success, in business and with his family without being crooked. This is something that is not as common as you might think. When I was in 4th grade, we got weekly assignments to read a biography and write about it. I tended to read about scientists and inventors then and after. I quickly discovered that successful inventors tended to die broke, estranged from their family and friends. Edison, Tesla, Salk, Goodyear, and Ford are examples. Tesla didn’t marry. Henry Ford’s children were messed up. Salk had a miserable marriage. Almost everyone working on the Atom Bomb had issues with the government. Most didn’t benefit financially. They died hated by the press as mass-murderers, and pursued by the FBI as potential spies. It was a sad pattern for someone who hoped to be an inventor -engineer.

The one major exception I found was Peter Cooper, an inventor, industrialist, and New York politician who was honest, and who died wealthy and liked with a good family. One result of reading about him was to conclude that some engineering areas are better than others; generally making weapons is not a path to personal success.

Tom Thumb, the blower at right is the secret to its light weight per power.

Peter Cooper was different, both in operation and outcome. Though he made some weapons (gun barrels) and inverted a remote control torpedo, these were not weapons of mass killing. Besides he but thee for “the good side” of the Civil War. And, when Cooper made an invention or a product, he made sure to have the capital available to make a profit on it too. He worked hard to make sure his products were monopolies, using a combination of patents and publicity to secure their position.

Brand management helps.

Cooper was a strong family man who made sure to own his own business, and made sure to control the sources of key materials too. He liked to invest in other businesses, but only as the controlling share-holder, or as a bond holder, believing that minor share-holders tend to be cheated. He was pro monopoly, pro trusts, and a big proponet of detailed contracts, so everyone knew where they stood. A famous invention of Cooper’s was Jello, a flavored, light version of his hide-glue, see the patent here. Besides patenting it, he sold the product with his brand, thus helping to maintain the monopoly.

Cooper was generous with donations to the poor, but not to everyone, and not with loans. And he would not sign anyone’s note as a guarantor. Borrowers tended to renege, he found, and they resent you besides. You lose your money, and lost them as a friend. He founded two free colleges, Cooper Union, and the Cooper-Limestone Institute, plus an inventor’s institute. (I got my education, free from Cooper Union.) Cooper ran these institutions in his lifetime, not waiting till he was dead to part with his money. Many do this in the vain hope that others will run the institution as they would.

Peter Cooper always sought a monopoly, or a near monopoly, patenting his own inventions, or buying the rights to others’ patents to help make it so. He believed that monopolies were good, saying they were the only sort of business that made money while allowing him to treat his workers well. If an invention would not result in a monopoly, Peter Cooper gave the rights away.

The list of inventions he didn’t patent include the instruments to test the quality of glue and steel (quality control is important), and a tide-powered ferry in New York. Perhaps his most famous unpainted invention was a lightweight, high power steam locomotive, “The Tom Thumb”, made in 1840. Innovations included beveled wheels to center the carriage on its rails, and a blower on the boiler fire, see photo above. The blower meant he could generate high-power in a small space at light weight. These are significant innovations, but Cooper did not foresee having a monopoly, so he didn’t pursue these ideas. Instead, he focussed on making rails and wire rope; he patented the process to roll steel, and the process for making coke from coal. Also on his glue/jello business. Since he made these items from dead cows and horses, he found he could also sell “foot oil” and steam-pounded leather, “Chamois”. He also pursued a telephone/ telegraph business across the Atlantic, more on that below, but only after getting monopoly rights for 50 years.

Cooper managed to stay friends with those he competed with by paying license fees for any patents he used (he tried to negotiate low rates), or buying or selling the patent rights as seemed appropriate. He also licensed his patents, and rented out buildings he didn’t need. He rented at a rate of 7% of the sale price, a metric I’ve used myself, considering rental to be like buying on loan. There is a theory of stock-buying that matches this.

The story the telegraph cable across the Atlantic is instructive to seeing how the pieces fit together. The first significant underwater cable was not laid by Cooper, by a Canadian inventor, Frederick Gisborne. It was laid in 1852 between Prince Edward Island and New Brunswick. Through personal connections, Gisborne’s company got exclusive rights for 30 years, for this and for a cable that would go to Newfoundland, but he didn’t have the money or baking to make it happen. The first cable failed, and Gisborne ran out of money and support. Only his exclusive rights remained. This is the typical story of an inventor/ engineer/businessman who has to rely on other peoples’ money and patience.

A few months after the failure, a friend of Cooper’s, Cyrus Field, convinced Cooper that good money could be made, and public good could be done, if Cooper could lay such a cable all the way to London. One thing that attracted Cooper to the project was that the cable could be made as an insulated iron-copper rope in Cooper’s own factory. Cooper, Field, and some partners (see painting below) bought Gisborne’s company, along with their exclusive rights, and formed a new company, The New York, Newfoundland & London Telegraph Company, see charter here. The founders are imagined* with a globe and a section of cable sitting on their table. Gisborne, though not shown in the painting, was a charter member, and made chief engineer. Cooper was president. He also traveled on the boat with Gisborne to lay the cable across the St. Lawrence – just to be sure he knew what was going on. This cable provided a trial for The Trans Atlantic cable.

The founding individuals to lay a transatlantic cable. Peter Cooper at left is the chairman, Cyrus Field is standing, Samuel Morse is at the back. Frederic Gisborne, a founder, does not appear in the paining. Typical.

Samuel Morse was hired as an electrician; he is pictured in the painting, but was not a charter member. Part of the problem with Morse was that he owned the patent on Morse-telegraphy, and Cooper didn’t want to pay his “exorbitant” fees. So Cooper and Field bought an alternative telegraph patent from David Hughes, a Kentucky school teacher. This telegraph system used tones instead of clicks and printed whole letters at a time. By hiring Morse, but not his patents, Cooper saved money, while retaining Morse’s friendship and expertise. The alternative could have been a nasty spat. Their telegraph company sub-licensed Hughes’s tone-method a group of western telegraph owners, “The Western Union,” who used it for many years, producing the distinctive Western Union Telegrams. With enough money in hand and credibility from the Canadian trial, the group secured 50 years monopoly rights for a telegraph line across the Atlantic. Laying the cable took many years, with semi-failed attempts in 1857, 1858, and 1865. When the eventual success came in 1866, the 50 years’ monopoly rights they’d secured meant that they made money from the start. They could treat workers fairly. Marconi would discover that Cooper wrote a good contract; his wireless telegraph required a widely different route.

I should also note that Peter Cooper was politically active: he started as a Democrat, helped form the Republican Party, bringing Lincoln to speak in NY for the first time, and ended up founding the Greenback-Labor Party, running for president as a Greenback. He was strongly for tariffs, and strongly against inflation. He said that the dollar should have the same value for all time for the same reason that the foot should have the same length and the pound the same weight. I have written in favor of tariffs off and on. They help keep manufacturing in America, and help insure that those who require French wine or German cars pay the majority of US taxes. They are also a non-violent vehicle for foreign policy.

Operating under these principles, through patents and taxed monopolies, Peter Cooper died wealthy, and liked. Liked by his workers, liked by much of the press, and by his family too, with children who turned out well. The children of rich people often turn out poorly. Carnegie’s children fought each other in court, Ford’s were miserable. Cooper’s children continued in business and politics, successfully and honorably, and in science/ engineering (Peter Coper Hewitt invented the power rectifier, sold to Westinghouse). The success of Peter Cooper’s free college, Cooper Union, influenced many of his friends to open similar institutions. Among his friends who did this were Carnegie, Pratt, Stevens, Rensselaer, and Vanderbilt. He stayed friends with them and with other inventors of the day, despite competing in business and politics. Most rich folks can not do this; they tend to develop big egos, and few principles.

Robert Buxbaum, November 30, 2022. I find the painting interesting. Why was it painted? Why is Gisborne not in it and Morse in the painting — sometimes described as vice President? The charter lists Morse as “electrician”, an employee. Chandler White, holding papers next to Cooper, was Vice President. My guess is that the painting was made to help promote the company and sell stock. They made special cigars with this image too. This essay started as a 5th grade project with my son. See a much earlier version here.

A new, higher efficiency propeller

Elytron biplane, perhaps an inspiration.

Sharrow Marine introduced a new ship propeller design two years ago, at the Miami International Boat show. Unlike traditional propellers, there are no ends on the blades. Instead, each blade is a connecting ribbon with the outer edge behaving like a connecting winglet. The blade pairs provide low-speed lift-efficiency gains, as seen on a biplane, while the winglets provide high speed gains. The efficiency gain is 9-30% over a wide range of speeds, as shown below, a tremendous improvement. I suspect that this design will become standard over the next 10-20 years, as winglets have become standard on airplanes today.

A Sharrow propeller, MX-1

The high speed efficiency advantage of the closed ends of the blades, and of the curved up winglets on modern airplanes is based on avoiding losses from air (or water) going around the end from the high pressure bottom to the low-pressure top. Between the biplane advantage and the wingtip advantage, Sharrow propellers provide improved miles per gallon at every speed except the highest, 32+ mph, plus a drastic decrease in vibration and noise, see photo.

The propeller design was developed with paid research at the University of Michigan. It was clearly innovative and granted design patent protection in most of the developed world. To the extent that the patents are respected and protected by law, Sharrow should be able to recoup the cost of their research and development. They should make a profit too. As an inventor myself, I believe they deserve to recoup their costs and make a profit. Not all inventions lead to a great product. Besides, I don’t think they charge too much. The current price is $2000-$5000 per propeller for standard sizes, a price that seems reasonable, based on the price of a boat and the advantage of more speed, more range, plus less fuel use and less vibration. This year Sharrow formed an agreement with Yamaha to manufacture the propellers under license, so supply should not be an issue.

Vastly less turbulence follows the Sharrow propeller.

China tends to copy our best products, and often steals the technology to make them, employing engineers and academics as spys. Obama/Biden have typically allowed China to benefit for the sales of copies and the theft of intellectual property, allowing the import of fakes to the US with little or no interference. Would you like a fake Rolex or Fendi, you can buy on-line from China. Would you like fake Disney, ditto. So far, I have not seen Chinese copies of the Sharrow in the US, but I expect to see them soon. Perhaps Biden’s Justice Department will do something this time, but I doubt it. By our justice department turning a blind eye to copies, they rob our innovators, and rob American workers. His protectionism is one thing I liked about Donald Trump.

The Sharrow Propeller gives improved mpg values at every speed except the very highest.

Robert Buxbaum, September 30, 2022

Biden stops fracking and gas prices go up 300% — Surprise!

Natural gas prices for June 2022 as of May 6, 2022.

Natural gas prices have quadrupled in the last 17 months. It’s gone from $2.07 per million BTU in mid January 2021 when Joe Biden took office, to nearly $9 today. It’s a huge increase in the cost to heat your home, and adds to the cost of any manufactured product you buy. Gasoline prices have risen too, going from $2/gallon when Biden took office to about $4.40 today. Biden blames the war with Russia, but the rise began almost as soon as he took office, and it far outstrips the rise in the price of wheat shown below (wheat is grown in Ukraine — it’s their major export). The likely cause is Biden’s moratorium on fracking, including his decision to stop permitting oil exploration and drilling on federal land. In recent weeks Biden has walked back some of this, to the consternation of the environmentalists. On April 15, 2022, the Interior Department announced this significant change including its first onshore lease sale since the moratorium.

Biden also cancelled the Keystone XL oil pipeline that would have brought tar-sands oil from Canada and North Dakota to Texas for refining. Blocking the pipeline helped increase gas prices here and helped cause a recession in Alberta and North Dakota. The protesters who claimed to speak for the natives are not affected.

Another issue fueling price increases is that Biden is printing money. Bidenflation is running at 8%/year. It’s not hyperinflation, but it’s getting close. It’s money taken from your pocket and from your savings. Much of the money is given to friends: to groups that Biden thinks will use it virtuously, but inflation is money taken from us, from our pockets and savings. Another beneficiary are those who are rich enough to take no salary, but live by borrowing against their real estate and corporate equity. The richest people in the US do this, earning $1 per year or less, (here’s a list compiled by Bloomberg, it’s basically every rich person). They pay no taxes, as they have no income. The only way to tax them is by tariffs, taxing what they import, but the government is against tariffs.

What you can do, personally about energy-cost inflation is not much. I would recommend insulating your home. I plan to repaint the roof white, and put in a layer of roof insulation. I also have fruit trees: an apple tree and a peach tree, grapes and a juneberry. They provide summer shade, and you get a lot of fruit with minimal work. Curtains are a good investment. Another thought is to buy solar cells. A vegetable garden is fun too, but it’s unlikely to pay you back.

Winter wheat prices are up by about 40%, likely due to the loss of supply from Ukraine and Russia

Speaking of wheat prices, they are up. They increased 40% when Russian troops invaded Ukraine, and have held steady at that level since. This is far less increase than for natural gas. Corn and rice prices are up too, but nowhere near as much. Fertilizer prices are up 300%, though, and Biden has indicated he’d like to push for a sustainable alternative; is that poop? There is a baby formula shortage too. We can handle it, I think, unless Biden get involved, or starts a hot war with Russia.

Robert Buxbaum May 10, 2022. As a fun sidelight, here is Biden answering questions about Pakistan when someone in a Bunny costume grabs him and walks him away from the reporters. Who is that masked handler? What’s going on in Pakistan?

A clever range extender for EVs

Electric vehicles work well for short trips between places where you can charge with cheap electricity. Typically that’s trips from home to a nearby place of work, and to local shopping malls and theaters with low-cost charge spots. If you drive this way, you’ll pay about 3.2¢/mile for home electricity, instead of about 17¢/mile for gasoline transport (e.g. 24 mpg with $4/gallon gas). Using an EV also saves on oil changes, transmission, air filters, belts, etc., and a lot of general complexity. Battery prices are still high, but much lower than they were even a few years ago.

The 10 kW Aquarius Engine is remarkably small and light, about 10kg (22 lb).

EVs are less attractive for long trips, especially in the cold. Your battery must provide the heat, as there is no waste heat from the engine. Expect to have to recharge every 200 -250 miles, or perhaps twice in the middle of a long trip. Each charge will take a half-hour or more, and fast charging on the road isn’t low cost. Expect to pay about 15¢/mile, nearly as much as for gasoline. See my full comparison of the economics here.

One obvious solution is to have two cars: a short commuter and an EV. Another solution is a hybrid. The Toyota’s Prius and the Chevy Volt were cutting edge in their day, but people don’t seem to want them. These older hybrids provided quick fill-ups, essentially infinite range, and about double the gas milage of a standard automobile, 30-45 mpg. The problem is you have even more complexity and maintenance than with even a gas automobile.

Aquarius liner engine as a range extender

I recently saw a small, simple, super-efficient (they say) gas engine called Aquarius. It provides 9.5 kW electric output and weighs only 22 lbs (10 kg), see picture above. A Tesla S uses about 16 kW during highway driving, implying that this engine will more than double the highway range of a Tesla S at minimal extra weight and complexity. It also removes the fear of being stranded on the highway, far from the nearest charge-station.

The energy efficiency is 34%, far higher than that for normal automobile engines, but fairly typical of floating piston linear engines. The high efficiency of these engines is partly due to the lack of tapper valves, risers, crank-shaft, and partially due to the fact that the engine always runs at its maximum power. This is very close to the maximum efficiency point. Most car engines are over sized (200 hp or so) and thus must run at a small fraction of their maximum power. This hurts the efficiency, as I discuss here. The Aquarius Engine makes electricity by the back-forth motion of its aligner rods moving past magnetic stator coils. Slots in the piston rod and in the side of the cylinder operate as sliding valves, like in a steam engine. First versions of the Aquarius Engine ran on hydrogen, but the inventors claim it can also run on gasoline, and presumably hythane, my favorite fuel, a mix of hydrogen and natural gas.

At the moment shown, slit valves in the piston rod are open to both cylinder chambers. The explosion at left will vent to the exhaust at left and out the manifold at top. The sliding valve is currently sending fresh air into the cylinder at right, but will soon send it into both cylinders to help scavenge exhaust and provide for the next cycle; engine speed and impression are determined by the mass of the piston.

A video is available to show the basic operation (see it here). The drawing at right is from that video, modified by me. Air is drawn into the engine through a sliding valve at the middle of the cylinder. The valve opens and closes depending on where the piston is. At the instant shown in the picture, the valve is open to the right. Air enters that chambered is likely exiting through slits in the hollow piston rod. It leaves through the manifold t the top, pushing exhaust along with it. When the piston will have moved enough, both the slits and the intake will close. The continued piston motion (inertially driven) will compress the air for firing. After firing, the piston will move left, generating electricity, and eventually opening the slit-valve in the piston to allow the exhaust to leave. When it moves a little further the intake will open.

The use of side-opening exhaust valves is a novelty of the “Skinner UniFlow” double-acting, piston steam engines, seen on the Badger steamship on Lake Michigan. It’s one of my favorite steam engine designs. Normally you want a piston that is much thicker than the one in the drawing. This option is mentioned in the patent, but not shown in the drawing.

Aquarius is not the only company with a free-piston range extender. Toyota built a free-piston extender of similar power and weight; it was more complex but got higher efficiency. It has variable compression though, and looks like a polluter. (the same problems might affect the Aquarius) They dropped the project in 2014. Deutsch Aerospace has a two headed version that’s more powerful, but long and heavier: 56kg and 35kW. Lotus has a crank-piston engine, also 56kg, 35kW; it’s more complex and may have service life issues, but it’s compact and relatively light, and it probably won’t pollute. Finally, Mazda is thinking of bringing back its Wankel rotary engine as a range extender. Any of these might win in the marketplace, but I like the Aquarius engine for its combination of light weight, compact size, and simplicity.

This is not to say that Aquarius motors is a good investment. Aquarius automotive went public on the Toronto exchange in December, 2021, AQUA.TA. The company has no profits to date, and the only chance of them making a profit resides in them getting a good licensing deal from an established company. The major car companies have shown no interest so far, though they clearly need something like this. Their plug in hybrids currently use standard-size, 4 stroke engines: 110-150 kW, 100-150 kg, complex, and low efficiency. Consumers have not been impressed. Tesla autos could benefit from this engine, but Musk shows no interest either.

Robert Buxbaum May 5, 2022. I have no stock in Aquarius motors, nor have I received any benefits from them, or any auto company.

A Nuclear-blast resistant paint: Starlite and co.

About 20 years ago, an itinerate inventor named Maurice Ward demonstrated a super insulating paint that he claimed would protect most anything from intense heat. He called it Starlite, and at first no one believed the claims. Then he demonstrated it on TV, see below, by painting a paper-thin layer on a raw egg. He then blasting the egg with a blow torch for a minute till the outside glowed yellow-red. He then lifted the egg with his hand; it was barely warm! And then, on TV, he broke the shell to show that the insides were totally raw, not only uncooked but completely unchanged, a completely raw egg. The documentary below shows the demonstration and describes what happened next (as of 10 years ago) including an even more impressive series of tests.

Intrigued, but skeptical, researchers at the US White Sands National Laboratory, our nuclear bomb test lab, asked for samples. Ward provided pieces of wood painted as before with a “paper thin” layer of Starlite. They subjected these to burning with an oxyacetylene torch, and to a simulated nuclear bomb blast. The nuclear fireball radiation was simulated by an intense laser at the site. Amazing as it sounds, the paint and the wood beneath emerging barely scorched. The painted wood was not damaged by the laser, nor by an oxyacetylene torch that could burn through 8 inches of steel in seconds.

The famous egg, blow torch experiment.

The inventor wouldn’t say what the paint was made of, or what mechanism allowed it to do this, but clearly it had military and civilian uses. It seems it would have prevented the twin towers from collapsing, or would have greatly extended the time they stayed standing. Similarly, it would protect almost anything from a flame-thrower.

As for the ingredients, Ward said it was non-toxic, and that it contained mostly organic materials, plus borax and some silica or ceramic. According to his daughter, it was “edible”; they’d fed it to dogs and horses without adverse effects.

Starlite coasted wood. The simulated nuclear blast made the char mark at left.

The White sands engineers speculate that the paint worked by combination of ablation and intumescence, controlled swelling. The surface, they surmised, formed a foam of char, pure carbon, that swelled to make tiny chambers. If these chambers are small enough, ≤10 nm or so, the mean free path of gas molecules will be severely reduced, reducing the potential for heat transfer. Even more insulting would be if the foam chambers were about 1 nm. Such chambers will be, essentially air free, and thus very insulating. For a more technical view of how molecule motion affects heat transfer rates, see my essay, here.

Sorry to say we don’t know how big the char chambers are, or if this is how the material works. Ward retained the samples and the formula, and didn’t allow close examination. Clearly, if it works by a char, the char layer is very thin, a few microns at most.

Because Maurice Ward never sold the formula or any of the paint in his lifetime, he made no money on the product. He kept closed muted about it, as he knew that, as soon as he patented, or sold, or let anyone know what was in the paint, there would be copycats, and patent violations, and leaks of any secret formula. Even in the US, many people and companies ignore patent rights, daring you to challenge them in court. And it’s worse in foreign countries where the government actively encourages violation. There are also legal ways around a patent: A copycat inventor looks for ways to get the same behavior from materials that are not covered in the patent. Ward could not get around these issues, so he never patented the formula or sold the rights. He revealed the formula only to some close family members, but that was it till May, 2020, when a US company, Thermashield, LLC, bought Ward’s lab equipment and notes. They now claim to make the original Starlite. Maybe they do. The product doesn’t seem quite as good. I’ve yet to see an item scorched as little as the sample above.

Many companies today are now selling versions of Starlite. The formulas are widely different, but all the paints are intumescent, and all the formulas are based on materials Ward would have had on hand, and on the recollections of the TV people and those at White Sands. I’ve bought one of these copycat products, not Thermashield, and tested it. It’s not half bad: thicker in consistency than the original, or as resistive.

There are home-made products too, with formulas on the internet and on YouTube. They are applied more like a spackle or a clay. Still, these products insulate remarkably well: a lot better than any normal insulator I’d seen.

If you’d like to try this as a science fair project, among the formulas you can try; a mix of glue, baking soda, borax, and sugar, with some water. Some versions use sodium silicate too. The Thermoshield folks say that this isn’t the formula, that there is no PVA glue or baking soda in their product. Still it works.

Robert Buxbaum, March 13, 2022. Despite my complaints about the US patent system, it’s far better than in any other country I’ve explored. In most countries, patents are granted only as an income stream for the government, and inventors are considered villains: folks who withhold the fruits of their brains for unearned money. Horrible.

Professors being replaced by videos, entertainers.

In a previous post, I presented data to the effect that, while college is a benefit to those who major in moneymaking fields, STEM, English, and philosophy, it is a money loser for those in film, history, language, political science, etc.

Most students don’t mind if the information itself can be forgotten on graduation day, but the better students do mind. Professors in these fields motivate their better students by luring them with the chance to become professors. A vision of stylish offices, and deep satisfaction is dangled before the student, while tuition and a total commitment is asked in return. The chance of an actual job is virtually nil. This is the background to murder in popular, dark-academia stories like “The Secret History” by Danna Tartt, and a Hitchcock movie, “rope” (see my essay here).

Things are getting more depressing for those aspiring to become professors. Now, aspiring professors have to compete with taped programs made by other professors, some well known, some already dead. And some professors — those without tenure — have to compete with their own taped programs. Tapes of old lectures are available free to the university. It’s a financial boon for the university to be able to collect tuition without having to pay a living professor who gives essentially the same lecture year after year. If the professor is untenured, the university can fire him or her, and use the tape from last year, or they can purchase a series of lectures by a Nobel laureate. It’s a great deal for the majority of students and for the university, but deadly to the aspiring few.

Robert Buxbaum, December 3, 2021

The Pope’s crusade against agricultural greed.

The Pope goes to long lengths to show how much he supports the poor, oppressed people of the world; he washes the feet of Muslim prisoners, he campaigns against Israeli occupation of Palestine, and scolds America, but not China they must reduce carbon output. Usually he picks the wrong villains, in my opinion. His latest effort is against the producers and distributors of food, the agribusinessmen. If only they would charge less, everyone would have more, or so he says.

On World Food Day, Pope Francis placed the blame on capitalism in the food market. Some examples of his speech and tweets follow: “The fight against hunger demands we overcome the cold logic of the market, which is greedily focused on mere economic profit and the reduction of food to a commodity, and strengthening the logic of solidarity.”

In the Pope’s view the cold logic of the market is the source of hunger. I think it is the source of his food and mine, and for the most part everyone’s.

“Thinking about these situations, in God’s name I want to ask The big food corporations to stop imposing monopolistic production and distribution structures that inflate prices and end up withholding bread from the hungry.”

The Pope blames high food prices on producers and distributors who are, in his words, “withholding bread from the hungry.”  Of course, all the bread the Pope eats comes from these producers and distributors. It is the same for the bread of all the Archbishops and virtually all the priests; it all comes from these agribusinessmen, who charge more than he would like. They are also the source of the church’s wine, and meat, and vegetables. Folks who do not grow food themselves, and who do not transport it, or process charge those who do these things as greedy, withholding monsters. That any of them have food is only because of these monsters; without them, the poor of the world would starve to death. If he thinks he can do better, he should try, perhaps giving up his time washing feet.

The Pope believes that big food corporations are causing starvation and withholding food from the hungry.

Free market pricing is how farmers know what to produce, where, and who to sell too. It’s also how customers know what to buy and keep, and what to throw away, or save for a special occasion. Without these clues, farmers would grow things people don’t want, and much of the good stuff would go to waste.

High prices for some foods is the indicator that causes agribusiness individuals (the so-called greedy) to see an unmet need. They then employ people in the manufacture and distribution of these foods reducing the employment in the production of other foods where the margins are smaller. These food-price signals are also the fuel for technological innovation — the innovation that has made food abundant and relatively affordable, especially in the capitalist west.

The west has lead in food innovation precisely because of the motivation of food profit. Monsanto invents and distributes seeds for fast-growing grains precisely because there is profit in it, and it is these seeds that reduces the price to the consumer. Colonel Sanders invented the high-pressure fryer because it allowed him to fry more chicken faster. The result is profits for KFC and lower prices for the consumers. It is only because of the so-called corporate greed that western consumers have so many options at such low prices that obesity is a big problem, and starvation is virtually unknown. In the US you can buy $1 hamburgers when the minimum wage is about $10/hour. That is, you can buy a hamburger with the income from 6 minutes of work. You can not do that in any country ruled by enlightened leaders where profit is banned.

Charity proliferates in a free market because many of the people have excess give it willingly targeted to help. They give to the Church, or to the poor directly, or in ways that help the poor indirectly. Such giving makes a bond between giver and recipient and cheers both. Almost immediately, the recipient of the charity enters the capitalist market to trade excess and unneeded items for items that are needed. Perhaps the recipient got too many cans of food, but no shoes, or no can-opener. The market allows a rectification at a fair exchange.

And as for the mandate to lecture world leaders on the evils of capitalism, there is none. Moses, in the desert offers to buy food and water at the market prices. On a similar note Jesus pointed out that financial authority rested with the Emperor, not with the religious leaders. In this vein, Pope Galasius I wrote to Emperor Anastasius in AD 494 that there were two systems: the sacred authority of the priests, and the royal power. In the west, the royal power over food is the marketplace, and it has shown itself to be smarter and more giving than the smartest, most charitable religious leaders.

Robert Buxbaum, November 29, 2021. Having complained about the pope I would like to say that Cardinal Tim Dolan, Archbishop of New York does a wonderful job. His main efforts are education and helping immigrants: needed work. And, as best I know, he has never criticized any productive business for charging too much.

Lithium Battery prices fell 98%, solar prices fell more.

Most people have heard of Moor’s law, the law that computing power keeps doubling every two years, with the price remaining the same, but the same law is observed with other tech products, notably lithium ion batteries and solar cells.

By my calculation the price of lithium ion batteries has fallen 98% so far, at a rate of 12.5% per year. That’s a remarkable drop given that the chemistry has hardly changed. The size has dropped too; it’s nowhere near as much as the price but enough to make batteries a reasonable choice for powering automobiles, scooters, and power tools. Batteries still lack the range and fast charging for some applications, but even there the low cost means that hybrids become attractive, combining for cars and truck, the long range of gas with a reduced cost per mile. The rate of decrease suggests that prices will be below $100 per kWh by 2025. That’s an $8000 cost for a battery powered car with 300 miles of range.

As for where the electricity comes from, the price of electricity is going up and becoming less reliable. In part that’s because of regulations on coal and nuclear power and the inherent problems with large-scale wind and solar. But decentralized solar may turn out to be a winner. Solar prices have fallen 99.6% since 1976. Even though the rate of decrease is slower, about an 8% drop in price per year, there is a sense that solar power has entered the mainstream. Combined with cheap, home batteries, it may soon make sense to power your home and car by solar cells on the house; there isn’t enough area on a car to quite power it.

Robert Buxbaum, September 27, 2021

Automobile power 2021: Batteries vs gasoline and hydrogen

It’s been a while since I did an assessment of hydrogen and batteries for automobile propulsion, and while some basics have not changed, the price and durability of batteries has improved, the price of gasoline has doubled, and the first commercial fuel cell cars have appeared in the USA. The net result (see details below) is that I find the cost of ownership for a gasoline and a battery car is now about the same, depending on usage and location, and that hydrogen, while still more pricey, is close to being a practical option.

EV Chargers. They look so much cooler than gasoline hoses, and the price per mile is about the same.

Lithium battery costs are now about $150/kwh. That’s $10,000 for a 70 kWh battery. That’s about 1/5 the price of a Tesla Model 3. The reliability that Tesla claims is 200,000 miles or more, but that’s with slow charging. For mostly fast charging, Car and Driver’s expectation is 120,000 miles. That’s just about the average life-span of a car these days.

The cost of the battery and possible replacement adds to the cost of the vehicle, but electricity is far cheaper than gasoline, per mile. The price of gasoline has doubled to, currently, $3.50 per gallon. A typical car will get about 24 mpg, and that means a current operation cost of 14.6¢/mile. That’s about $1,460/year for someone who drives 10,000 miles per year. I’ll add about $150 for oil and filter changes, and figure that operating a gas-powered car engine costs about $1,610 per year.

If you charge at home, your electricity costs, on average, 14¢/kWh. This is a bargain compared to gasoline since electricity is made from coal and nuclear, mostly, and is subsidized while gasoline is taxed. At level 2 charging stations, where most people charge, electricity costs about 50¢/kWh. This is three times the cost of home electricity, but it still translates to only about $32 for a fill-up that take 3 hours. According to “Inside EVs”, in moderate temperatures, a Tesla Model 3 uses 14.59 kWh/100 km with range-efficient driving. This translates to 11.7¢ per mile, or $1170/year, assuming 10,000 miles of moderate temperature driving. If you live in moderate climates: Californian, Texas or Florida, an electric car is cheaper to operate than a gasoline car. In cold weather gasoline power still makes sense since a battery-electric car uses battery power for heat, while a gasoline powered car uses waste heat from the engine.

Battery cars are still somewhat of more expensive than the equivalent gasoline car, but not that much. In a sense you can add $400/year for the extra cost of the Tesla above, but that just raises the effective operating cost to about $1,570/year, about the same as for the gasoline car. On the other hand, many folks drive less than 50 miles per day and can charge at home each night. This saves most of the electric cost. In sum, I find that EVs have hit a tipping point, and Tesla lead the way.

Now to consider hydrogen. When most people think hydrogen, they think H2 fuel, and a PEM fuel cell car. The problem here is that hydrogen is expensive, and PEM FCs aren’t particularly efficient. Hydrogen costs about $10/kg at a typical fueling station and, with PEM, that 1 kg of hydrogen takes you only about 25 miles. The net result is that the combination hydrogen + PEM results in a driving cost of about 40¢/mile, or about three times the price of gasoline. But Toyota has proposed two better options. The fist is a PEM hybrid, the hydrogen Prius. It’s for the commuter who drives less than about 40 miles per day. It has a 10kWh battery, far cheaper than the Tesla above, but enough for the daily commute. He or she would use charge at home at night, and use hydrogen fuel only when going on longer trips. If there are few long trips, you come out way ahead.

Toyota 2021 Mirai, hydrogen powered vehicle

Toyota also claims to have a hydrogen powered Corolla or debut in 2023. This car will have a standard engine, and I would expect (hope) will drive also — preferably — on hythane, a mix of hydrogen and methane. Hythane is much cheaper per volume, and more energy dense, see my analysis. While Toyota has not said that their Corolla would run on hythane, it is supposed to have an internal combustion engine, and that suggests that hythane will work in it.

A more advanced option for Toyota or any other car/truck manufacturer would be to design to use solid oxide fuel cells, SOFCs, either with hydrogen or hythane. SOFCs are significantly more efficient than PEM, and they are capable of burning hythane, and to some extent natural gas too. Hythane is not particularly available, but it could be. Any station that currently sells natural gas could sell hythane. As for delivery to the station, natural gas lines already exist underground, and the station would just blend in hydrogen, produced at the station by electrolysis, or delivered. Hythane can also be made locally from sewer gas methane, and wind-power hydrogen. Yet another SOFC option is to start with natural gas and convert some of the natural gas to hydrogen on-board using left-over heat from the SOFC. I’ve a patent for this process.

Speaking of supply network, I should mention the brown outs we’ve been having in Detroit. Electric cars are part of the stress to the electric grid, but I believe that, with intelligent charging (and discharging) the concern is more than manageable. The driver who goes 10,000 miles per year only adds about 2,350 kWh/year of extra electric demand. This is a small fraction of the demand of a typical home, 12,154 kWh/year.It’s manageable. Then again, hythane adds no demand to the electric grid and the charge time is quicker — virtually instantaneous.

Robert Buxbaum, September 3, 2021

A useful chart, added September 20, 2021. Battery prices are likely to keep falling.

Branson’s virgin spaceplane in context.

Virgin Galactic Unity 22, landing.

Branson’s Virgin Space Ship (VSS) Unity was cheered as a revolutionary milestone today (July 10) after taking Branson, three friends and two pilots on a three minute ride to the edge of space, an altitude of 53.5 miles or 283,000 feet. I’d like to put that achievement into contest, both with previous space planes, like the Concorde and X-15 (the 1960s space plane), and also in context with the offerings of Elon Musk’s Space-X and Bezos’s, Blue Horizon.

To start with, the VSS Unity launched from a sub-sonic mother ship, as the X-15 had before it. This saves a lot in fuel weight and safety equipment, but it makes scale up problematic. In this case, the mother-ship was named Eve. Unity launched from Eve at 46,000 feet, about 9 miles up, and at Mach 0.5; it took Eve nearly 90 minutes to get to altitude and position. It was only after separation, that Unity began a one minute, 3 G rocket burn that brought it to its top speed, Mach 3, at about 16 miles up. What followed was a 3 minute, unpowered glide to 53.5 miles and down. Everyone seems to have enjoyed the three minutes of weightlessness, and it should be remembered that there is a lot of difference between Mach 3 and orbital speed, Mach 31. Also there is a lot of difference between a sub-orbital and orbital.

Concorde SST landing in Farnborough.

By comparison, consider the Concorde SSTs that first flew in 1976. It reached about 2/3 the speed of Unity, Mach 2.1, but carried 120 commercial passengers. It took off from the ground and maintained this speed for 4500 miles, going from London to Houston in 4.5 hours. While the Concorde only reached an altitude of 60,000 feet, it is far more impressive going at Mach 2.1 for 4.5 hours than going at Mach 3 for three minutes. And there is a lot of difference between 120 passengers and 4. There is also the advantage of taking off from the ground. A three minute ride in a space plane should not require a 90 minute ascent on a mother ship.

X-15 landing, 1962.

Next consider the X-15 rocket plane of the 1960s. This was a test platform devoted to engine and maneuverability tests; it turns out that maneuverability is very difficult. The X-15 hit a maximum altitude of 354,200 ft, 67 miles, and a maximum speed of Mach 6.72, or 4520 mph. That’s significantly higher than Branson’s VSS, and double the maximum speed. As an aside, the X-15 project involved the development of a new nickel alloy that I use today, Inconel X-750. I use this as a support for my hydrogen membranes. If any new materials were developed for VSS, none were mentioned.

The Air Force’s X-37B Orbital Test Vehicle at Kennedy Space Center, May 7, 2017.

Continuing with the history of NASA’s X-program, we move to the X-41, a air-breathing scramjet of the 1980s and 90s. It reached 95,000 feet, and a maximum speed of Mach 9.64. That’s about three times as fast as Virgin’s VSS. The current X-plane is called X-37B, it is a rocket-plane like the X-15 and VSS, but faster and maneuverable at high speed and altitude. It’s the heart of Trump’s new, US Space force. In several tests over the past 5 years, it has hit orbital speed, 17,426 mph, Mach 31, and orbital altitudes, about 100 miles, after being launched by a Atlas V or a Falcon 9 booster. The details are classified. Apparently it has maneuverability. While the X-37B is unmanned, a larger, manned version, is being built, the X-37C. It is supposed to carry as many as six.

Reaching orbital speed or Mach 31 implies roughly 100 times as much kinetic energy per mass as reaching the Mach 3.1 of Virgin’s VSS. In this sense, the space shuttle, and the current X-plane are 100 times more impressive than Virgin’s VSS. There is also a lot to be said for maneuverability and for a longer flight duration– more than a few minutes. Not that I require Branson to beat NASA’s current offerings, but I anyone claiming cutting edge genius and visionary status should at least beat NASA’s offerings of the 1960s, and the Concorde planes of 1976.

Bezos’s Blue Origin, and the New Shepard launcher.

And that bring’s us to the current batch of non-governmental, space cadets. Elon Musk stands out to me as a head above the rest, at least. Eight years ago, his Grasshopper rocket premiered the first practical, example of vertical take off and landing booster. Today, his Falcon 9 boosters send packages into earth orbit, and beyond, launching Israel’s moon project, as one example. That implies speeds of Mach 31 and higher, at least at the payload. It’s impressive, even compared to X-37, very impressive.

Bezos’ offering, the Blue Origin Shepherd, seems to me like a poor imitation of the SpaceX Falcon. Like Falcon, it’s a reusable, vertical takeoff and landing platform, that launches directly from earth, and like Falcon it carries a usable payload, but it only reaches speeds of Mach 3 and altitudes about 65 miles. Besides, the capsule lands by way of parachutes, not using wings like the space shuttle, or the X-37B, and there is no reusable booster like Falcon. Blue Origin started carrying payloads only in 2019, five yers after SpaceX. There is nothing here that’s cutting edge, IMHO, and I don’t imagine it will be cheaper either.

Branson has something that the other rocket men do not have, quite: a compelling look: personal marketing, a personal story, and a political slant that the press loves and I find hypocritical and hokey. The press, and our politicians, managed to present this flight as more than an energy wasting, joy ride for rich folks. Instead, this is accepted as Branson’s personal fight against climate change. Presented this way, it should qualify as a tax-dodge. I don’t see it getting folks to stop polluting and commit to small cars, but the press is impressed, or claims to be. The powers have committed themselves to this type of Tartuffe, and the press goes along. You’d think that, before giving Branson public adoration for his technology or environmentalism, he should have cutting technology and have been required to save energy, or pollute less. At least beat the specs of the X-15. Just my opinion.

Robert Buxbaum, July 12, 2021