The Diamond Planet

A recent cosmological discovery got me thinking once again about the what George Gilder and others term the materialist fallacy. From a Reuters report from last Thursday:

An exotic planet that seems to be made of diamond racing around a tiny star in our galactic backyard in an undated image courtesy of Swinburne University of Technology in Melbourne. REUTERS/HandoutAstronomers have spotted an exotic planet that seems to be made of diamond racing around a tiny star in our galactic backyard.

The new planet is far denser than any other known so far and consists largely of carbon. Because it is so dense, scientists calculate the carbon must be crystalline, so a large part of this strange world will effectively be diamond.

Materialists, including many of my Libertarian friends who favor a return to the gold standard, will have to conclude:

  • This planet is more wealthy than we are. After all it is a diamond with the mass Jupiter.
  • We would be better off if this heavenly body were to break free of its orbit and be sent on a path to impact (or maybe just orbit) the Earth. Perhaps T. Boone Pickens and DeBeers can concoct a plan to (as they say in the Beltway) “effort” this.
  • The really good news is that there are likely more of these throughout the galaxy and universe for it is only recently that we as a species have been able to detect these orbs.

This is materialist wealth creation at its finest!

Side note and bonus material:

I am not sure why, but my brain was reminded of this classic Bugs and Daffy cartoon. Enjoy!


Sage Rebranding: My personal test

Much has been written on the announcement at Sage Summit 2011 regarding Sage’s decision to rebrand our products in an effort to increase the overall brand awareness for Sage here in North America.

I see the merits on all sides of the argument and do not intend to add anything that has not been discussed in other places. I do wish, however, to propose my personal acid test which, I believe, will be a reflection of the ultimate success (or failure) of this endeavor.

Last week, I traveled to Vancouver, BC to deliver the Sage Consulting Academy. After arrival I meandered through the line at Canadian Customs and Immigration and upon my arrival at the desk, the agent asked who my employer was. I replied, “Sage.”

“Sage? Who?” he asked.

“Accpac,” I restated.

“Next,” the agent called.

So, the test is simple. I know our rebranding efforts will be a success when I travel to Canada and am admitted expediently when replying, “Sage” to the question regarding my employer.