Wirtschaftswetter International

Welcome to Summer 2019

Dear Readers,

thank you for visiting Wirtschaftswetter. Wirtschaftswetter-International, our English-language section, offers you themes, information, tips and services. The next edition of Wirtschaftswetter goes online in October 2019. If there is anything you would especially like to see in the magazine or if you would like to leave us a message with your suggestions, interests, wishes or questions, we will be glad to receive your e-mail: international@wirtschaftswetter.de

External Link: The one and only - The New York Review of Books

Theme: The Untold Story of Chaos - Ellen Fetter and Margaret Hamilton. Thanks to Quantum Magazine the untold story of Ellen Fetter and Margaret Hamilton has been published now. As Joshua Soko wrote in Quanta Magazine, May 2019, the "Father of Chaos" Edward Norton Lorenz mentioned Ellen Fetter with special thanks in his masterwork paper "Determistic Nonperiodic Flow", 1962. Daniel Rothmann has noticed this in fall 2017. Rothmann then could reach Ellen Fetter, married Gille, by phone and found out the second very important person in Lorenz' research. It was Margaret Hamilton, who get special thanks from Lorenz, too. Fetter and Hamilton wrote the specific programs that revealed the signature of chaos. While Lorenz thanked Hamilton and Fetter, later chroniclers left these two female mathematicans out. The "Mothers of Chaos" worked on "Royal McBee LGP-30" that had a weight of 800 pounds and sounded like a passing propeller plane.
More, Quanta Magazine: Hidden Heroines of Chaos - Ellen Fetter and Margaret Hamilton

More, Computermuseum Stuttgart with pictures: LGP 30 - a computer of the first generation

External Link - European Commission: Public Surveys

+++ News +++ Upcoming Stress for All - How Machines Are (Not) Affecting the White House +++ It is not the international trade competition as it is suggested by todays US-Adminstration, that is affecting labor market massively in the USA. In fact it's the automation that takes the jobs away from especially men, youth, and under-represented as a report by Muro, Maxin and Whiton from Brookings has found earlier this year, more brookings.edu: Automation and Artificial Intelligence. The White House doesn's seem to be really prepared on these massive changes, as Noland and Han, PIIE summarize in an article from July 25. And they warn that this could have dramatic consequences on global economy and democratic societies, if more voters than ever could decide for more and more radical measures, because their pain is steadily rising: Automation, Labor Market Disruption, and Trade Policy. +++ Gender Gaps in Math +++ .Women are still underrepresented among math high performers. Researchers suggest that the gender gap in math could be a form of social inequality like many others, IZA Discussion Paper Series, abstract, iza.org, PDF: Societal Inequalities Amplify Gender Gaps in Math +++

External Link - New York, New York

Quote: "Man can now fly in the air like a bird, swim under the ocean like a fish, he can burrow into the ground like a mole. Now if only he could walk the earth like a man, this would be paradise"
Tommy Douglas

External Links - Borowitzreport

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