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6. Supply and Demand, Today and Tomorrow

Porter, Charles R. Texas A&M University Press ePub


Why is an understanding of water rights in Texas more important today than ever before in our history? Because Texas currently has a strong economy, and experts project Texas will experience long-term growth.


Most experts expect the population of Texas to almost double by 2060. That growth would put tremendous pressure on our water resources, and predictions show a trend downward in the supply of water versus demand over the same time period, even without the recurring droughts. But in drought times, sure to revisit regularly, the predictions are dire indeed. In the state water plan for 2012, water development board chair Edward G. Vaughan wrote in his cover letter this significant statement: “The primary message of the 2012 State Water Plan is a simple one: In serious drought conditions, Texas does not and will not have enough water to meet the needs of its people, its businesses, and its agricultural enterprises. . . . This plan also presents the sobering news of the economic losses likely to occur if these water supply needs cannot be met.”1

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Principle 1: Find Your Golden Silence

Bill Treasurer Berrett-Koehler Publishers ePub


It might seem strange that the first of ten Right Risk principles deals with silence. Come on, you might be thinking, let’s fast-forward to where the action is! Risk-taking is all about action, right? Risk-taking is James Bond throttling a motorcycle off a cliff and parachuting into a waiting speedboat; it’s Indiana Jones creeping into a cobwebbed chamber clutching his bullwhip; it’s John Rambo demolishing a foreign army all by himself; and it’s Lara Croft karate-chopping a baldheaded villain. Risk-taking is, archetypically, the hero putting his life on the line to save the damsel in distress from the racing locomotive. Heck, even risk-taking of a less action-packed nature involves doing something. Risk-taking is the protester marching, the rebel resisting, the entrepreneur innovating, the explorer discovering, and the writer opinionating. Surely risk-taking, that glorious act of courageous audacity, hasn’t got anything to do with silence.

True, risk-taking involves action. But before you can act you need to know what to act on. The reason silence is so important to risk-taking—and in particular Right Risk-taking—is that it helps make your risks more deliberate, intentional, and directed. Silence, extended to the point of mental stillness, has a leveling effect on your perspective, sharpening your powers of discernment. Through silence you become more attuned to your most deeply held beliefs and values, helping you perceive what risks are most compatible with your inner constitution and thus which are truly worth taking. Through silence you can more accurately answer your Right Risk question, Is this the Right Risk for me? Hence, the first principle of Right Risk is find your golden silence.

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3: Demonizing Debt, Naturalizing Finance

Peter Y Paik Indiana University Press ePub

Mary Poovey

THIS ESSAY SEEKS to illuminate several chapters in the history of debt. I am not primarily concerned with tracking the fluctuating totals of monetary debt, whether for nations or individuals. Nor am I primarily interested in the spiritual dimensions of debt. While I will argue that both calculative and theological frameworks figure in the history of debt, their prominence (in absolute terms and relative to each other) properly belongs to the history of the connotations of debt—the historical matrix of interpretive frameworks and meanings by which debt has been understood over time. To recover even a schematic overview of this matrix—as I seek to do in the first section of this essay—is to resist any claim that debt is a natural or inevitable part of the human condition.1 It is also to claim that as the frames by which debt is understood change, so too can debt be transvalued—changed, for example, from an ordinary part of everyday experience to a moral failing to be avoided at all cost, or changed again, from an ethical lapse into a financial opportunity.

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14. The Fall Work

John R. Erickson. Photographs by Kristine C. Erickson University of North Texas Press PDF

Chapter Fourteen

The Fall Work

When the cow-calf rancher goes into the fall roundup season, he will have four goals in mind: brand and work the summer calves, sort the cattle and move them to winter pastures, cull the herd, and ship or wean the calf crop. Of the four, the last is the most important.

For the rancher whose cow herd is cycled to produce a spring calf and who chooses to sell the calves rather than retain them, the fall shipping season brings payday. Though he may sell off a few cull cows during the year and may elect to sell a small bunch of calves in the spring, most of his income is generated in the fall of the year. After shipping day, he will sit down with a calculator, run all the figures on weight, gain, and price per pound, and decide whether his year’s work brought him a profit or a loss.

When I was cowboying during the seventies and eighties, all ranches had their cow herds cycled to produce a spring calf. In the past decade or so, that pattern has changed in some quarters, as ranchers have found economic advantages in a fall-calf program, cycling their cows to calve in September and October. The primary advantage to this program is that it adds two hundred pounds to the weaning weight of the calf.

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P.S.Sona Laxmi Publications PDF

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