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THE RAVEN PARADOX - THE FLAWS IN THE SCIENTIFIC METHOD

HEMPEL’S LOGIC All scientists use reasoning and logic at some stage, to create hypotheses and design robust experiments. In a beautiful and elegant treatise, the German philosopher Carl G Hempel, in 1965, showed that there were flaws in these long-established processes. His Raven Paradox called into question the established processes of inductive reasoning, generalization and falsifiability

THE INDUCTIVE HYPOTHESIS Imagine that a scientist, after years of going for long walks in the countryside, observes that every single raven he has ever seen is black. As a dutiful researcher, he uses inductive reasoning to postulate the hypothesis:

“All ravens are black.”

This is a perfectly acceptable conditional hypothesis. Firstly, it is testable, because you could sample raven populations and verify that they are all black. The statement is also falsifiable because even one non-black raven amongst the sampled population would disprove the hypothesis.

This is all great science, so far, following the established methods of inductive reasoning. The researcher could even design an experiment to sample raven populations, with thousands of ravens observed. If they are all black, the hypothesis is supported and plausible. Over time, repeated experiments and observations further confirm this and the hypothesis becomes accepted as a law.

THE PROBLEM OF GENERALIZATION AND FALSIFIABILITY The first part of the Raven Paradox proposal questions the process of generalization. It is practically impossible to sample every single raven in the world and there may a few non-black individuals. Hempel was not trying to comment upon the exact science, but as an interesting aside, about 1 in 10 000 raven eggs contain partially or fully albino birds.

Most albino birds are more visible to predators, suffer from health problems and may be a localized phenomenon. The odds of seeing an albino raven are very small and sightings are extremely rare. A researcher could sample many thousands of Ravens and not see one white bird, even though they do exist.

Thus, the notion of falsifiability is questioned and undermined by the Raven Paradox. Although the original hypothesis is technically falsifiable, in practical terms it is very difficult to disprove, because the chances of observing a white Raven are very slim. Even if you sampled the entire known population of ravens, there may be an undiscovered group containing a non-black individual.

FLAWS IN THE INDUCTIVE REASONING PROCESS The next part of the Raven Paradox questions the processes of reasoning and deduction that are an integral part of the scientific process. When a researcher states that all ravens are black, the laws of logic demand that this conditional statement has a contrapositive, statement.

Therefore, according to inductive reasoning, “Everything that is not black is not a raven.” This means that every non-black object observed, that is not a raven, equally strengthens the hypothesis. There are a countless number of non-black objects in the universe and we should pity the poor statistician who has to analyze this!

To take the analogy further, another researcher in another part of world, through fluke, may have only seen one raven in their life, which happened to be white. Their deduced hypothesis may be that “All ravens are white.” Every non-white object, which is not a raven, strengthens this opposing hypothesis too. This is the Raven Paradox.

THE END OF THE SCIENTIFIC PROCESS? What does this paradox mean? Has the world of science come crashing down around our ears?

The answer is a resounding NO!

The Raven Paradox is a useful philosophical observation and helps to ensure that we constantly probe and test the steps of the established scientific processes. The examples given in the paradox are simplistic and unlikely, merely serving as an exercise to test the boundaries of the philosophy of science.

In reality, for the vast majority of cases, Hempel’s treatise makes no difference and the normal reasoning and experimental design processes work perfectly well. The paradox does not detract from science, but actually enhances it, by preventing scientists from believing that they have proved something beyond doubt.

The Raven Paradox should remind every scientist of the dangers of generalization and that they must ensure that all hypotheses are realistically falsifiable. If the researcher has said, “All ravens in Norway are black”, this is more realistic as ornithologists could feasibly observe every raven in Norway.

PARADIGM SHIFTS Even long-standing theories, which became established as laws and immovable paradigms, can be proved incorrect over time. Science is really all about testing probabilities and assumption. If something has a 99% chance of being correct then it should be accepted as the likely explanation.

The chances of someone seeing only one raven in their life, which happens to be white, are tiny. However, this is not the same as impossible and that possibility must never be ignored. This is why all experiments are rigorously validated and reviewed before gaining widespread acceptance, to minimize the effects of the Raven Paradox.

For example, Newton’s laws were accepted as truth until Einstein’s theories blew them out of the water. In turn, General Relativity is not the answer to fundamental physics and has been superseded by other theories.

This is how science evolves, by challenging and adapting established paradigms and laws. The creation of Chaos Theory was a perfect example of ‘maverick’ scientists chipping away at the established laws until the theory could no longer be ignored. It eventually burst into the public consciousness and fractal models appeared as prints on T-Shirts.

Hempel’s Raven Paradox stands to remind us all that no theory, however established, should be immune to challenge or debate. As new evidence is uncovered, science must adapt and change to assimilate the new data.

Martyn lives in the beautiful Peloponnese area of Greece and is absorbing the philosophy buried deep within the bones of the land.

He specializes in science and philosophy articles.

Please find the original article at http://www.experiment-resources.com

Martyn’s website is at http://www.amethyst-web.net

You who read this, may be an engineer, a mechanic, an inventor, a student, or even someone without an engineering background. My observation is that the general public has little knowledge of basic science and even engineers and other professionals often lack in basic insights, in spite of being advanced in their specific fields. This often leads to unfeasible projects and wrong choices, based on wrong assumptions, that no computer can correct.

I myself am a graduated engineer on B.Sc level in both mechanics and electrics. Nevertheless, most of what I know worth knowing as an engineer today, I learned from practical experience and backing it up with own theoretical studies afterwards. It forced me to focus on basics. When you have the basics right, the rest is just methodology, where the computer can be very helpful, but don’t let it “think” for you!

If you have no engineering background, why would you need to have some basic knowledge of all this, you may ask? Well, we live in a technological society and so we are confronted with technological matters and products, that we need to understand the basics of to make proper choices. Ever bought expensive “energy-saving” lamps, while in the same time needing to heat your home? Do you think hydrogen and/or fuel cells are energy sources? Do you think energy can be produced and consumed? Would you invest money in solar panels, or other renewable energy technology for your home? The more these kinds of things apply on you, the more you need to read this article.

The Laws of Newton

The metric, or SI system of units is based on the laws of Newton and so is most of modern mechanics and dynamics. They are essential for basic understanding:

• 1. A mass object persists in its momentary motion to speed and direction, unless it is forced to change it by external forces working on it.
• 2. The acceleration of an object is proportional with the force F working on it and inverse proportional with its mass m. Hence, the acting force is given by: F = m.a
• 3. A force acting on an object, will yield a counter force of the same strength in the opposite direction: action = reaction.

Although these laws sound simple, they are often wrongly applied, or overlooked. Especially the third law appears to be the most fundamental one, still not fully understood by Science and subject for discussions on the highest levels (how can you move a table for example, as it pushes back with the same force?).

Power and Energy.

Power and energy are very often mixed up. For example a lightning, causing a tree to split into half, is very powerful, but it has very little energy, because it lasted only a fraction of a second. Energy is the range of power and time. Power is expressed in Watt and energy in Joule - 1 Watt thus is 1 Joule per second, inversely 1 J = 1 Ws (Watt second). If you during one hour would apply a power of 1000 Watt (1 kW = 1 kJ/s), which approximately is what a flat iron takes, the energy involved is 1 kWh and this is thus equal to 3600 kJ. If you instead would develop that energy in one second, the power becomes 3600 kW, or 3.6 MW - a small power plant! If thus a lightning would have a power of say 10 GW and lasted 1 millisecond (it looks much longer, because of the glowing air around it), it contained an amount of energy of just 10 MJ = 10,000 kJ, not more than 2.8 kWh, or to power a flat iron for around three hours! If you in brochures would read dimensions like kilowatt per hour, or horsepower per hour, you can know that the author has no idea what he/she is talking about.

Energy is also the range of force and traveled way. If you lift up a mass of 1 kg to a height of 1 meter, the force needed for that is the range of mass and gravity acceleration, as per Newton’s second law. On Earth, gravity acceleration is 9.8 meter per second square, which we can round to 10. The lifting force then becomes 10 kilogram meter per second square, which is called the Newton (N) and the work done is then 10 Nm (Newton meter), which is 10 Joule: 1 J = 1 Nm.

The same confusing exists around temperature and energy. What would you rather have in your hand, a 1 inch red glowing sewing needle, or a 4 inch red glowing bolt? Though both have the same temperature, the needle will just cause you a blister, whereas with the bolt, you won’t have a hand any more. The bolt contains much more energy (more mass) than the needle and that makes the difference, not the temperature.

If you would be interested in a solar panel to heat water in your home, the temperature it can yield is therefore not that important. You pay for energy instead and that is what you want to save on. Ideally, a solar water heater should work on a low temperature, so it doesn’t loose too much heat through its insulation and produce a larger water flow instead. You then save more energy = money, because of the higher efficiency on which your solar panel works. To reach your desired water temperature in the kitchen and bathroom, you can heat additionally with say an electrical heater. Combination with a heat pump, also taking up heat from your warm waste water, would give the absolute best results (but high installation costs). Read more about that at the end of this article.

However, manufacturers of solar panels optimize on temperature, which is a good selling argument for the energy-unaware public. At higher temperatures, the size and thus the costs of the whole installation, including storage tank, become lower, which also sells better. They don’t talk very much, or at all about efficiency, being the relationship between how much solar energy hits the solar panel and how much of that you can use in the end. They talk about capacity instead - solar energy is “free”!

Next to consider is Pressure. Usually it is that of a fluid, like a gas. It is expressed in Pascal (Pa) which is force (N) per unit of area and thus 1 Pa = 1 N/sqm (Newton per square meter). Atmospheric pressure at sea level is roughly 100 kPa, thus 100,000 N/sqm. In technical descriptions it is also often called the bar - 1 bar is thus atmospheric pressure. Pressure can also be seen as stress in materials, tension. In the SI system of units, pressure and tension are thus both expressed in Pascal.

Then there is contact-pressure. This is what makes a knife work. The sharper a knife, the smaller its edge area (A) is and for a given force (F), the contact-pressure (F/A) becomes larger, also expressed in Pascal. With this, all units in the SI-system are given. It has only three basic units, the kg for mass, the meter for length/distance and the second for time. No conversions are needed

Circular Motions.

From Newton’s third law follows the perception that on an object in mechanical rotation, two forces are working, a centripetal one, pulling the objects towards the center of rotation, and a centrifugal one, tending to push it out radially away from that center. If the mechanical contact with the center of rotation suddenly is broken, in that very moment no forces are working on the object any longer and thus it will move as per Newton’s first law, meaning it keeps its speed in the direction it had in the moment just before losing contact. That speed was directed tangentially and thus the object will “fly out” in the tangential direction, not radially. In fact, centrifugal forces do not exist, because then there would be no resulting force to keep an object in its circular path - only the centripetal force exists. This is a hot discussion point in Science - Newton’s third law.

Hence, when you are in a car that makes a sharp curve, your body does not push against the inside of the car (centrifugal), but the inside of the car pushes your body into the curve (centripetal). As per Newton’s first law, your body wants to keep its direction of motion, straight ahead, just before entering the curve - it’s called inertia. There is only one force, the centripetal one (free motions in gravitational fields, such as orbits of planets and satellites, are described in General Relativity, which we won’t discuss here).

From this follows the notion of “inertial” systems, which are frames of reference in which Newton’s laws are valid. An accelerated system is thus not an inertial system, because motions described in it, would not follow Newtonian laws. This causes a severe point of confusion, as follows:

If you are an inventor of “fantastic” mechanical machines, your really should understand the implements of impulse. Impulse (p) is the amount of motion, being the range of speed (v) and mass (m), which is equal to the range of working force (F) and the working time (t): F.t = m.v = p. An impulse has a direction, which (kinetic) energy has not and therefore impulses can have a positive or a negative sign between opposite directions of motion. Because impulse is a function of force (the time-derivative of it), Newton’s third law requires that the sum of all impulses of moving components within a system (machine) must be zero. However, many inventors, not being aware of this, “create” a resulting impulse, that accelerates the system.

What they do is mixing up reference systems and impulse with energy. If you consider a mechanical system (machine), that has a certain total mass, but also internally moving parts, the resulting impulse of those parts, the sum of all impulses, will be zero relative the system’s center of gravity, but not necessarily relative a resting frame of reference (an observer) in which the whole system (machine) may be moving (at constant speed). The sum of kinetic energy of all the internally moving parts, is of course a positive value (negative energy is less than nothing). This value is the system’s internal (kinetic) energy. Since this internal energy is needed to keep the internal parts moving, there cannot be any energy left to accelerate the system (machine) as a whole. On the contrary, energy must be applied all the time to overcome the friction that the internally moving parts are subjected to, otherwise they would come to a halt. This applied energy converts to heat.

Sadly, there are several patents on according designs, claiming to be “inertial drives” for space-ships or whatever. Their inventors, some of which may have ruined their private economies on this, were not confident with the basics of dynamics, as outlined above. See some of those unfortunate examples here: http://jnaudin.free.fr/html/IPEmain.htm

Mechanical Engineering Concepts

Now, imagine you had a ball that is perfectly spherical and a table that is perfectly smooth, so when the ball is placed on the table, the contact area becomes a dimensionless point - zero whatever. Then the contact-pressure F/0 becomes infinite, regardless how light the ball is - something must break. No material could withstand an infinite contact-pressure and from this follows that not even with the most fantastic materials, yet to be developed, a frictionless machine could ever be built (that would require ideal point and line contacts).

Some inventors have a problem with that, like a patent I once saw, where a 15 cm (6 inch) diameter cylinder was rotating at 1500 rpm in a somewhat larger cylinder, supported by a number of smaller rollers in the size of just a few millimeters - it looked like a ball-bearing in cross section. These rollers would rotate at roughly 50,000 rpm. You look in any bearing table what the admissible speeds are and you would see that this design exceeds the limits by far; self-destruct through friction!

Another problem that many inventors have is judging leakage potential. Leakage is a function of pressure ratio, not of pressure difference and it varies to the third power with the clearance gap between the boundaries. It means that the same sealing device, that would leak in an however deep submerged submarine, would leak more in a space craft, because there the pressure ratio to vacuum is infinite - many don’t seem to know that. In addition, even less known, is that the best sealing is obtained with a single, unbroken sealing line, ideally a circle.

Therefore, the reciprocating circular piston machine will always prevail over any rotational displacement concept, that contains several broken (discontinuous) sealing lines. These rotational concepts can be used and are used in low-duty applications, where they have their advantages, such as in air-driven hand tools, industrial compressors, etc, but not in heavy-duty combustion engines. This is why the Wankel never became commercial, except a few years in cars from German NSU, that went bankrupt on it in the 1970-ies.

One can see the most ‘horrible’ designs in various patents, the worst I saw being an engine, consisting of a torus shaped tube, with a slot over its inner length to let through a piston rod, attached to a circular piston moving in that torus, while flat plates were sliding radially in and out the torus to form alternate compression and expansion chambers - at best a good cream-wiper (but it got a gold medal in an inventors contest - its glorious funeral)!

Many inventors have tried to find a linear transmission, that can replace the pendulous crankshaft. It has various disadvantages, such as causing vibrations of higher order, but most of all causing side-forces on the pistons, resulting in excessive wear and leakage there. I once read a statement from a development manager at Volkswagen in Germany, that the crank mechanism alone stands for 20% of the fuel consumption. All alternative designs I have seen, indeed convert the linear piston motion into a rotating one on the shaft and without causing side forces on the piston, but instead they generate the same or higher side forces on sliding parts elsewhere in the design, causing excessive friction and wear there - definitely no fuel savings. I have found a design that does not contain any sliding parts, but consists of rotating components only (I got the idea, when I was with my kids in a merry-go-round). Had I only come up with this a good 100 years ago, I could have made it, but now the pendulous crankshaft is so well established in automated production lines, that it can’t be changed any more. I almost hade it made with Compair-Reavel in the UK, around 20 years ago, but also they found it in the end too costly too change their production line - my bad luck!

Thermodynamics

Another basic thing, often misunderstood, is that energy can’t be “used up”. Surely, the gasoline you put in your car is used up, but the energy it developed is still there, to stay around for all eternity. All the chemical energy that was stored in the original fuel, is converted to heat. Firstly at high temperatures in the car’s engine, but then decaying to heat at ambient temperature. The rest is also converted to heat by friction, the tires on the road, the transmission, air resistance, etc. All energy that we “use” with our technology, finally decays to heat at ambient temperature, even the light from your lamps at home does that.

So is there the term “waste heat”, as opposed to “useful heat”.What is useful? Take “energy-saving” lamps for example. If you live in a cold climate, where you have to heat your home, a normal cheap hot glowing light bulb actually delivers 100% useful energy, 5% of which is light, the rest is heat, that helps heating your home, but this is not what you are told. Only the 5% light is brought forward as “useful” and you are told that you are “wasting” 95% with a normal glow bulb. Only in warm climates, especially third-world countries with very expensive electricity, or in cooled rooms, the use of energy-saving lamps makes sense!

The misconception by the public is that useful energy is “consumed” and waste energy is not. The real situation is that the useful energy is just used, but not “consumed” and is wasted after usage just the same. That’s why your energy bill comes back every month - nothing of what you used, is left. Therefore you read everywhere about “energy production” and “energy consumption”, not in the least used by decision makers in energy politics! It indicates that there is no basic understanding in public society, what energy is about and so unfeasible projects are initiated, wasting time and (your tax) money.

The First Law of Thermodynamics says that energy cannot be created (produced), nor destroyed (consumed). We can only convert energy from one form to an other and the Second Law of Thermodynamics says that it all finally must decay to heat at ambient temperature and so it does. Even though many know this, that is end of story for them, as far as the First Law is concerned. However, the scientific definition of the First Law says that if you add energy to a system to bring it in an other condition, you must remove the same amount of energy to bring it back in the original condition. Naturally, because if we could remove more, energy would be created from nothing and if less, energy would disappear into nothing. This formulation has great consequences, as follows:

Let’s consider an ideal hydrogen (water) engine, by which we pour water in it on one side and the same water AND useful mechanical energy comes out on the other side. Because the engine returns the same water as was applied (firstly as steam, but than condensing to water at ambient temperature), there cannot be a net output from the engine - it would have been created from nothing. If there is an output anyway, this means that the according energy had to be applied as well, not only the water. Indeed, we must apply energy to split the water in hydrogen and oxygen. If that could be done at an efficiency of 100% (electrolysis has only 60%), then that energy could appear as mechanical work on the shaft. This then means that the hydrogen only was an energy converter, definitely not an energy source!

Hydrogen does not occur in free form on Earth, like fossil fuels do and therefore hydrogen can never be an energy source. Give me a dollar for every article that says different and I will be well off!If there would be a method to obtain free hydrogen at considerably less energy input than what combustion with oxygen gives in output, yes, then it would become an energy source, but such a method has not yet been found.

Instead of splitting water, hydrogen can be obtained from natural gases, such as methane. It shows however that the overall efficiency of such a hydrogen loop in a combustion engine would have a somewhat lower overall efficiency than using the natural gas (or bio-gas) directly in a combustion engine. Moreover, hydrogen is a very tricky gas to store and to handle. Not only is it very explosive, but it tends to exude through most metals as well. It is very voluminous, around ten times more than air and thus needs to be brought on high pressures to keep the volume down and that takes a lot of compression energy. Liquefying it would even take more energy, plus a temperature problem for storage as well. There are materials that can absorb hydrogen gas at a lower temperature and give it off again at a higher temperature, surely the better way, but also not very cheap and practical in a distribution system. All together, there is no economy in hydrogen engines, but it may have an environmental advantage - the only viable argument for using it, provided the consumer wants to pay the higher costs, do you?

The same can be said from fuel cells, working on hydrogen - they produce water (steam) and need a steady supply offresh hydrogen and oxygen to work continuously- whereto get how? Yes, the energy that fuel cells are supposed to “produce”, originally came from fossil fuels to manufacture the input hydrogen. Can we call that “non-pollutant” energy? A fuel cell is NOT an energy source, just an energy converter.

The importance of using spontaneity in physical processes is largely unknown, because it has to do with entropy, something not explained very well in schools. So I had to learn in practice, by trial and error, that if you want to separate fluids from each other, you must try to find a design by which this happens as spontaneously as possible, for example with “smart” piping, rather than using filters. The more you try to force it about with various design details, the more you will lose in efficiency - you “produce” entropy as it wrongly is called. The more you force about a process (introduce “irreversibilities”, as it is called correctly), the greater the change of entropy is, the lower the efficiency becomes. Entropy is an essential part of the Second Law of Thermodynamics, not to say the whole of it, but yet there is no general agreement among scientists, what entropy actually is - very confusing.

The Second Law is actually not a “real” law, because it is based on observations only, not on any physical principle. This means that if the observations would change, the Second Law would have to change too, but this hasn’t happened yet, which makes it a law. In everyday life we experience that most things don’t happen spontaneously, only accidents, or coincidences in general, do (”Murphy’s Law”). If we want things to happen, we usually have to do work for it. Hence we could formulate the Second Law as: “for free only the Sun goes up”. On the internet, this formulation of the Second Law is widely violated by millions of web sites, trying to let you believe that for a small investment, you can become rich very soon. But that is not engineering (rather “religion”), so I leave you with that.

In engineering, especially when it comes to renewable energy sources, the Second Law is also widely violated, or rather ignored. Oh yes, solar energy is free, but you can’t use it for free, why not? Because it is widely spread in Nature and thus the effort to collect it into one point of usage and to present it in a usable form, is very large and you have to pay for that effort. Using fossil fuels is cheaper and easier and that’s what we do instead. The same would be valid for nuclear power, but there the “environmentalists” have been successful to obstruct it - with thanks from the Arab oil sheiks.

Renewable energy is something the Second Law is very much against, because it wants to spread it out in the environment, not to collect it for our use. Therefore these renewable energy sources are high-entropy ones, meaning you must do a lot of work to make use of them (low efficiency). There is one exception though and that is hydro-electric power. The forces of nature actually do all the work for us, by collecting rain water in high situated reservoirs, ready for us to use; they are low-entropy sources. But also here the “environmentalists” choose to favor the oil sheikhs instead.

Next would be heat pumps, which are inverted refrigerators. A heat pump absorbs heat from the environment, usually from the ambient air, by generating a cold surface there. This surface is small, but it actually collects heat from large, remote areas, brought by the wind. Also here, the forces of nature do the collecting work for us, a second exception on the rule (compare with a storm blowing aside of your wind propeller, without affecting it, or the Sun burning a hole in the ground next to your solar panel, also without affecting it).

The heat pump, as the name says, pumps up the ambient heat to a higher temperature that we can use, for example to heat water. Also its drive power is given off as heat at usage temperature, is thus no loss (where it is in a refrigerator) and so a heat pump can give off between 3 and 4 times more energy than what it takes to run it. If all the billions of dollars that to date and ongoing are wasted on wind propellers and solar collectors of various kinds, would have been used to provide all households with heat pumps, many power plants could have been shut down by now and no more oil would be burned in homes for heating. This however is a truth with modification. A huge polluting industry, likely using fossil fuels, would be behind all those heat pumps, but that would be the same also for wind propellers, solar panels and the production of hydrogen and fuel cells, all having to be financed by the consumers and making profit as well - the Second Law all right:”For free, only the Sun goes up”

Rudolph N. J. Draaisma
CONSULTING ENGINEER
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In every marketing tactics, companies always have a way partnership making thing simple for consumers to understand. There is every reason to let customers know the service that they are looking for but there are some details that every company will avoid telling the customers. This is so called business secrets. It exists in every industry and partnership has a look about these secrets in web hosting.

Firstly, web reviews are something that we should be careful of. 85% of all web reviews are not true. If you come across reviews on blogs, they could just be some writings that have no prove. To be sure, you can have a look at forums like www.webhostingtalk.com. Another issue that we should be careful with is the term Unlimited Bandwidth. This is just a marketing technique to get your attention to their advertisements. This goes same for Unlimited Disk Space. There is no such thing as an unlimited space hard disk available in the market. Therefore, how can they provide you with unlimited space? Think about it.

Hosting companies are brave enough to come up with such claims because they know the tax of consumers. Let’s say company A with 100GB of space and 1000GB of bandwidth provides a package that gives their customers 10GB space and 100GB of bandwidth. So, they can provide 10 packages. However, the users usually never reach the limit that they provided. This means that they could proceed to provide another 15 to 20 more packages available to customers. Therefore, this tactic is what they use and it is known as Overselling.

One more thing that companies do not reveal is the CPU usage. CPU usage has a connection with the unlimited cases and overselling mentioned above. When a user’s account reaches its limit, it will hit the CPU Usage. When that happens, that user’s account will be suspended. This is something that consumers cannot see. Therefore, hosting companies are not afraid about it.

Ever heard of Bluehost? For those who are starting off in the web hosting, I would recommend you to check out on their hosting plan as I believe they are one of the best. For detail hosting review, visit BlueHostSecretRevealed.com.

Article by Justin Knights

The answer to the question is a resounding yes.  It is still very very possible, easy even, to use the internet to generate a healthy online income.  For instance, I published a new small website this week which took me about 10 hours to author and publish and it earned $40 in just 2 days with minimal effort marketing or promoting the site.  The website focuses on marketing a niche health related product.  I am confident that this site will generate an consistent income of about $400 a month and there is very little that I need to do now that it is up and running.  This is just one of many projects that I am working on at the moment. 10 projects with a similar success rate would generate $4000 per month; 50 projects with a similar success rate would generate $20 000 per month.

In my opinion the secrets to success are simple. 

Firstly, don’t try to be innovative and creative.  This takes time, and time is money.  Just copy the methods that others have used.  Many successful entrepreneurs are prepared to reveal the secret to their success for a fee and there are many ebooks available from some of the nets biggest successes.  It’s just a matter of finding the decent advice amongst the not so good advice which pollutes the net.  This is difficult!  However, having spent many hours researching and trying some of these methods, some of the advice is absolutely fantastic and really really works.  I use many of the methods that I have learnt from these invaluable resources.

Secondly, think small to earn big.  A project that generates $10 a day is successful.  Rinse and repeat over and over again and it all adds up to a substantial amount of money.

In my experience I have personally never been able to make decent returns from online auctions - millions upon millions people sell this way as a hobby and a prepared to do so for tiny returns.  This makes it difficult to earn enough to make the effort worthwhile.  In addition, I have never been able to generate any income via e-commerce or dropshippers.  The web is heavily dominated by the big boys which makes it impossible to compete in terms of price or the quality of service, unless you find a niche which can be readily exploited.

There are however opportunities and methods out there which really work.  You just need to find them!

Andy is an amateur web designer who has established methods of using the net to generate multiple streams of online income. He is associated to the website http://www.smallonlineincomes.com

To maintain the accounts of any company is a very hectic job. An individual tax mistakes be very much cautious in entering data. A minute mistake may prove fatal. While hiring any accountant, the company studies the capability of the person. Today, many big and small companies prefer offshore accounting because it gives an error free work. Another method of maintaining all the money related affairs of the company is web based accounting. All companies are finding the method very useful. The owner of the company is finding the system beneficent because despite sitting anywhere he can get the entire picture of his company. He gets taxes know all the dealings of his company. Profit and loss of his company is now before his eye.

Web based accounting is a system that resides on a web server. Anybody from any part of the world can access that accounting system with a simple browser, which is required to set up. It helps in running the company. The company need tax mistakes have to pay a large sum of money for the hardware and software. The user only needs to pay a small monthly rental fee. The concept is very much interesting and many companies are implementing it. The advantages of web based accounting are-(1) The administration cost is low, (2) You just need a browser, (3) Cost is low, (4) One can work from home, (5) No back up worries and (6) Applications are up-to-date. The system is a blessing for all the big and small companies. A company can prosper only when the finance of the company is properly maintained.

This performs cash-flow management, customer relation management, inventory control and marketing. It can be operated from any parts of the world. The monthly charge is also very low. It is very easy to implement this system. Firstly, you need to set up a system network. Secondly, you have to select and subscribe to the software. Thirdly, you have to customize the accounting system and lastly, you need to prepare system documentation. This system is a blessing for the small companies because it cut the cost of keeping an accountant. Now, the owner need not have to worry for the accounts of his company because sitting anywhere, he can see how the account of his company is maintained. There is less possibility of any sorts of mistakes.

With the advent of the web based accounting in 1998, the complete process of maintaining account has undergone a massive change. Before implementing it, the companies have to study its pros and cons. Before adopting the system, one should check whether this process would be helpful for his company or not. If it is not useful then he should not adopt the system. Maintaining balance sheet and keeping a record of the profit and loss of the company is a very tough job. If a wrong number is inserted on the balance sheet then the company has to suffer the consequence. Maintain accounting through web is a very easy process and involves less chance of mistake. The user should be very little careful in inserting numbers.

Michelle Barkley is a CPA who advises people on tax preparation and tax calculation.She specializes in bookkeeping outsourcing,Tax return preparation,back office outsourcing and Outsourced Accounting.To know more about Accounting outsourcing services, Web based accounting and to use the services visit http://www.ifrworld.com.

For those unfamiliar with the term, FOREX (FOReign EXchange market), refers to an international exchange market where currencies are bought and sold. The Foreign Exchange Market that we see today began in the 1970’s, when free exchange rates and floating currencies were introduced. In such an environment only participants in the market determine the price of one currency against another, based upon supply and demand for that currency.

FOREX is a somewhat unique market for a number of reasons. Firstly, it is one of the few markets in which it can be said with very few qualifications that it is free of external controls and that it cannot be manipulated. It is also the largest liquid financial market, with trade reaching between 1 and 1.5 trillion US dollars a day. With this much money moving this fast, it is clear why a single investor would find it near impossible to significantly affect the price of a major currency. Furthermore, the liquidity of the market means that unlike some rarely traded stock, traders are able to open and close positions within a few seconds as there are always willing buyers and sellers.

Another somewhat unique characteristic of the FOREX money market is the variance of its participants. Investors find a number of reasons for entering the market, some as longer term hedge investors, while others utilize massive credit lines to seek large short term gains. Interestingly, unlike blue-chip stocks, which are usually most attractive only to the long term investor, the combination of rather constant but small daily fluctuations in currency prices, create an environment which attracts investors with a broad range of strategies.

How FOREX Works

Transactions in foreign currencies are not centralized on an exchange, unlike say the NYSE, and thus take place all over the world via telecommunications. Trade is open 24 hours a day from Sunday afternoon until Friday afternoon (00:00 GMT on Monday to 10:00 pm GMT on Friday). In almost every time zone around the world, there are dealers who will quote all major currencies. After deciding what currency the investor would like to purchase, he or she does so via one of these dealers (some of which can be found online). It is quite common practice for investors to speculate on currency prices by getting a credit line (which are available to those with capital as small as $500), and vastly increase their potential gains and losses. This is called marginal trading.

Marginal Trading

Marginal trading is simply the term used for trading with borrowed capital. It is appealing because of the fact that in FOREX investments can be made without a real money supply. This allows investors to invest much more money with fewer money transfer costs, and open bigger positions with a much smaller amount of actual capital. Thus, one can conduct relatively large transactions, very quickly and cheaply, with a small amount of initial capital. Marginal trading in an exchange market is quantified in lots. The term “lot” refers to approximately $100,000, an amount which can be obtained by putting up as little as 0.5% or $500.

EXAMPLE: You believe that signals in the market are indicating that the British Pound will go up against the US Dollar. You open 1 lot for buying the Pound with a 1% margin at the price of 1.49889 and wait for the exchange rate to climb. At some point in the future, your predictions come true and you decide to sell. You close the position at 1.5050 and earn 61 pips or about $405. Thus, on an initial capital investment of $1,000, you have made over 40% in profits. (Just as an example of how exchange rates change in the course of a day, an average daily change of the Euro (in Dollars) is about 70 to 100 pips.)

When you decide to close a position, the deposit sum that you originally made is returned to you and a calculation of your profits or losses is done. This profit or loss is then credited to your account.

Investment Strategies: Technical Analysis and Fundamental Analysis

The two fundamental strategies in investing in FOREX are Technical Analysis or Fundamental Analysis. Most small and medium sized investors in financial markets use Technical Analysis. This technique stems from the assumption that all information about the market and a particular currency’s future fluctuations is found in the price chain. That is to say, that all factors which have an effect on the price have already been considered by the market and are thus reflected in the price. Essentially then, what this type of investor does is base his/her investments upon three fundamental suppositions. These are: that the movement of the market considers all factors, that the movement of prices is purposeful and directly tied to these events, and that history repeats itself. Someone utilizing technical analysis looks at the highest and lowest prices of a currency, the prices of opening and closing, and the volume of transactions. This investor does not try to outsmart the market, or even predict major long term trends, but simply looks at what has happened to that currency in the recent past, and predicts that the small fluctuations will generally continue just as they have before.

A Fundamental Analysis is one which analyzes the current situations in the country of the currency, including such things as its economy, its political situation, and other related rumors. By the numbers, a country’s economy depends on a number of quantifiable measurements such as its Central Bank’s interest rate, the national unemployment level, tax policy and the rate of inflation. An investor can also anticipate that less quantifiable occurrences, such as political unrest or transition will also have an effect on the market. Before basing all predictions on the factors alone, however, it is important to remember that investors must also keep in mind the expectations and anticipations of market participants. For just as in any stock market, the value of a currency is also based in large part on perceptions of and anticipations about that currency, not solely on its reality.

Make Money with Currency Trading on FOREX

FOREX investing is one of the most potentially rewarding types of investments available. While certainly the risk is great, the ability to conduct marginal trading on FOREX means that potential profits are enormous relative to initial capital investments. Another benefit of FOREX is that its size prevents almost all attempts by others to influence the market for their own gain. So that when investing in foreign currency markets one can feel quite confident that the investment he or she is making has the same opportunity for profit as other investors throughout the world. While investing in FOREX short term requires a certain degree of diligence, investors who utilize a technical analysis can feel relatively confident that their own ability to read the daily fluctuations of the currency market are sufficiently adequate to give them the knowledge necessary to make informed investments.

Rich McIver is a contributing writer for The Forex Blog: Currency Trading News ( http://www.forexblog.org ).

Many people whom I know are very skeptical of cars that can run on water when I mention it to them. But the moment they see my car running on water, they are absolutely stunned. I can tell you that rumors of cars running on water are true, but it can be complicated to learn if you only surf around the internet for bits and pieces of information. What you need is an accurate, step by step guide that is proven to work. But if it does work, why isn’t everyone running their cars on water today?

1. Has A Hydrogen Car Ever Been Created?

Yes. In fact, cars that run on water have already been created years ago, and is not some sort of breakthrough technology. But it has not been widely broadcasted, because the mass media must follow the rules set by the government. The government have certain power about what should be reported to the public, so the mass media may not report everything that they know.

Now, you may be wondering why the government would choose to censor the technology from the general public, which leads me to my next question.

2. Who Loses Out The Most If This Technology Is Publicized?

Firstly, you must understand who stands to benefit the most when this technology is exposed. Commoners like you and me have to purchase and rely on companies selling oil and fuel if we want to power our cars. World leaders and oil companies are earning billions of dollars from the oil industry, and with worldwide demand for fuel increasing everyday, no one is sure when fuel prices will stop increasing.

If more and more people ran their cars on water and hydrogen, worldwide demand for fuel would fall. Revenues of oil companies would be hit hard, and world powerhouses will stand to lose a lot power in the political stage.

3. The Truth Of A Water Powered Car Plan

This article clearly highlights the fact that the hydrogen car technology has been around for a long time, but has been kept well hidden. This technology will soon revolutionize the way people power their cars, and you can convert your car to run on water and save on fuel costs too!

Are you sick of expensive gas prices, and you want to build a water powered car? Download Step-By-Step Guides that teach you how to modify your car, and get your free gifts with your download at http://www.review-best.com/water-powered-car-guides.htm now!

Oxyhydrogen is popularly known as Browns Gas or HHO. Using the process of electrolysis, this gas is obtained from water. A slight modification of the vehicular engine will enable it to produce HHO and this can reduce almost 40% of the expense borne for fuel.

HHO ensures safety because instead of collecting considerable amount of the highly explosive hydrogen gas, it gradually generates the gas in moderate amounts, thus eliminating the risk factor.

Let’s analyze the reason why this technology has not been heard of.

Nearly hundred years back, this was a discovery made by Nicholas Telsa, that in place of the expensive fuel, water could be used to serve the same purpose. Despite knowing about this beneficial fuel alternative, the public was kept unaware of this knowledge, due to political and economic reasons then. With the passage of time, this technology had gained ground among the people .Its simplified form is easy and everyone is opting for it.

The reasons why one should opt for HHO.

Firstly, saving your precious, hard earned dollars will no longer be a problem because the fuel consumption will be reduced by at least 40%.

Secondly, the reduction of unhealthy exhausts will make it eco friendly and also take care of your well being. The life of the car engine will increase too.

Thirdly, with the improvement of the engine’s efficiency, the maintenance expenditure decreases and an environment friendly car reduces taxes, besides.

Along with the efficiency of the engine, the reduced noise level makes the drive a pleasurable experience.

It is wiser to convert one’s car into a hybrid one, instead of making an expensive purchase.

Even with negligible technical knowledge, it is possible for all to change the car into HHO. The necessary parts for the conversion of the engine are all available in hardware shops costing within 60 dollars. In case one wishes to revert to its former system it is equally easy to do so.

The ingredients required to convert are an air tight container, baking soda, electronic wiring, vacuum pipes and water. Electrolysis is the only way to disintegrate water into hydrogen and oxygen. This can be done simply by connecting the battery to the water, so that the electrical current will help in the disintegration. Having completed it, the oxyhydrogen that is produced, will be utilized by the engine.

Not just your own car, having learned the process of conversion, you can assist and guide your friends and family to convert theirs too. Besides, one can also earn extra money by professionally doing it for people. It is now a household name all over the world.

Bring benefits to yourself by learning about the conversion of cars so that they may run on Brown’s gas. Speculate to get hold of the most efficient HHO Gas Car Kit, providing minute instructions on conversion.

There’s a video and more information on HHO Gas Car Kits available.