Wednesday, June 10, 2009
Those of us in who have studied the sciences are familiar with big numbers. For instance, Avogadro's number is the number of atoms in a quantity of an element known as a mole. For Carbon 12, there would be one mole in 12 grams of Carbon and that would contain Avogadro's number of atoms. This number is unbelievably large: 602,000,000,000,000,000,000,000. A Googol (not Google) is the number 1 followed by 100 zeros. Another familiar constant is the speed of light, which is 299,790,000 meters per second. Traveling at this speed light can cross the U.S. in .026 seconds.
I propose a name for a new constant in economics to represent the sum of $1 trillion ($1,000,000,000,000): the "Obama's Number." All three are of unimaginable scale. The first two were created by God and discovered by scientists, the third is a conceptualization. The fourth was created by Chairman Obama and will be imposed on us all. Read full text.