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This old cash register sits up at Prairie Dog, cool name for a dog groomers shop. We've been takin our pups up there for along time. They do a great job of takin care of our babies. Ruckus can't wait to get cleaned up and Dexter has the look on his face like Why Me?
Minimal? Abstract? Amusing? Got a kick out of the notion that there could be one of those old vacuum funnels 50 stories up, with actual people dispensing the cash to the people below after they enter their PINs.
I don't get out much.
Inspired by Johnny Cash
* 26. Februar 1932 - † 12. September 2003
You can run on for a long time, run on for a long time...
Model, H&M: Pearl Blanched
Strobist: Noname Flash in 50x70 softbox camera right. YN-460 left behind her. Triggered with PT-04
This week’s guest is Rick Wartzman. Rick is the director of the Drucker Institute at Claremont Graduate University. Before taking this post, he worked for two decades as a newspaper reporter, editor and business columnist. He began his career in 1987 at The Wall Street Journal, where he served in a variety of positions, including White House correspondent, Houston bureau chief, and founding editor of the paper’s weekly California section.
He joined the Los Angeles Times in 2002 as business editor, and in that role helped shape “The Wal-Mart Effect,” a three-part series that won the 2004 Pulitzer Prize for National Reporting. He then became editor of the newspaper’s Sunday magazine, West, which under his leadership was named by the Missouri School of Journalism as the best regularly scheduled feature supplement in America. He is the co-author, with Mark Arax, of the best-seller The King of California: J.G. Boswell and the Making of a Secret American Empire, which was selected as one of the ten best books of 2003 by the San Francisco Chronicle and one of the ten best nonfiction books of the year by the Los Angeles Times. It also won, among other honors, a California Book Award and the William Saroyan International Prize for Writing. His most recent book, Obscene in the Extreme: The Burning and Banning of John Steinbeck’s The Grapes of Wrath, was published by PublicAffairs in September 2008.
You can read some of Rick’s recent columns for Business Week here.
For additional reference we’ve included links to some of the people, places and things discussed in this episode:
Jackson, Michigan
Obscene in the Extreme by Rick Wartzman
Dust Bowl
Detroit Unemployment Rate
Detroit Electricians Rewire Flooded Iowa City
Harley Shaiken
Bruce Springsteen - Ghost of Tom Joad
Rage Against the Machine - Ghost of Tom Joad
So What’s a Toxic Asset?
Credit Default Swaps
Mortgage Backed Securities
AIG Bonus Outrage
Peter Drucker
Drucker Institute
Claremont Graduate University
Drucker Archives
Rick Wartzman Named Director of the Drucker Institute
Los Angeles Times To Launch West Magazine
The New America Foundation
AIG and Drucker’s Glimpse At A Very Dark Place
What Would Peter Drucker Say?
Put A Cap on High CEO Pay
Invisible Hand
Free Market
Letting US Automakers Fail
The Dillema For US Car Workers
Employee Free Choice Act
Great Depression
New Deal
The First 100 Days
FDR Court Packing Fiasco
Is Obama Doing Too Much?
Six Rules for Presidents
What Obama Shouldn’t Do
The Effective Executive by Peter F. Drucker
Multitasking Is Counterproductive
Obama on 60 Minutes
London Business School
Above All Do No Harm
Managing Organizations
Organized Abandonment
Los Angeles Times
Spanish Language Newspapers Still Growing in US
Rocky Mountain News To Close
Seattle Post-Intelligencer Prints Final Edition
Out With The Dead Wood For Newspapers
San Diego Paper Lands Fire Sale Buyer
Google Dubbed Internet Parasite
Pasadena Paper May Outsource “Local” Coverage
Steering Clear of A Downward Jobs Spiral
Big Sunday
Randye Hoder
Gordon Gekko
Greed Is Good
Merle Haggard
Johnny Cash
Steve Earle
Elvis Costello
The King of California by Mark Arax and Rick Wartzman
Rick Wartzman on The Patt Morrison Show (requires Real Audio)
Rick Wartzman on Airtalk with Larry Mantle
Riverbig by Aris Janigian
David Levinson - Big Sunday
Drucker Apps
Drucker Institute on Twitter
Besides providing food rations and cash assistance to people in Chittagong Hills Tracts following a severe food crisis, ECHO also provided pregnant and lactating mothers, as well as children less than five years of age, 6 kilos of nutrient enhanced flour per month.
© EU - photo by EU/ECHO/Pierre Prakash
Trafalgar Square, London. Away for two weeks, no internet access. Thanks to all my flickr friends for your comments, fav's and visits, all very much appreciated !
The cash register was apparently invented out of desperation. The creator was James Ritty, an Ohio restaurateur. Ritty ran a café in Dayton in the 1870s. The place was popular and always filled with customers. Nevertheless, the business continually lost money. Ritty blamed the dishonesty of his bartenders, who either kept money in their pockets or in an unlocked cash drawer, often nothing more than an old cigar box. This loose monetary system did not provide anyway of keeping track of sales. If a customer returned to a shop after buying something, saying he had been overcharged or not given the correct change, there was no objective way to settle the dispute. The open box also meant that employees were always within reach of tempting cash. In Ritty's time, theft by clerks was a way of life, and shopkeepers had little defense against employee dishonesty. Ritty changed bartenders many times but continued to lose money until he was driven to a nervous breakdown. To ease his mind, Ritty took a ship for Europe. On the ship he made friends with the ship's engineer, and spent hours in the engine room. There he observed the workings of an automatic device that recorded the revolutions of the ship's propellers. From this, Ritty imagined he could make a similar device that would record amounts of money passing through the cash drawer. He reputedly cut short his vacation to rush back and begin work on the prototype. Ritty assembled his first cash register in 1879, and patented a second, improved register later that year. Ritty went into business with "Ritty's Incorruptible Cashier' after perfecting a third model. Ritty's early machines had two rows of keys running across the front, each key marking a money denomination from five cents through one dollar. Pressing the keys turned a shaft that moved an internal counter. This kept track of total sales for the day. The amount of each individual sale was shown to the customer on a dial similar to a clock face, with one hand for the cents and one for the dollars. Because the machine kept a daily total, any pilfering would be obvious. A later model kept the clock face and included a paper roll punched with pins to provide a more permanent record for the shopkeeper. However, Ritty was unable to ignite any excitement for his new device. Apparently he made only one sale, which was to John H. Patterson. Patterson ran a small coal business, but was so taken with the Incorruptible Cashier that he decided to buy Ritty's company. Unfortunetely, Ritty had already sold his business to another party, Jacob Eckert. Eckert had made a vital addition to the machine, a bell that rang when a sale was made. Eckert ran the business as the National Manufacturing Company with several partners. John Patterson arrived in Dayton in 1884, eager to buy the small firm. After making a preliminary deal, he discovered that National Manufacturing was the laughingstock of Dayton. The company had not made any money, and no one believed that it could. Patterson tried to buy his way out of the contract, but was forced to complete the sale. Patterson changed the name of the firm to the National Cash Register Company. The new company quickly improved the cash register. By 1890, the machines printed customer receipts as a standard feature. In 1906, the cash register was electrified. The company made a science of advertising and selling, becoming the role model for many other industries with its canned sales talks and innovative distribution of sales territories. By 1900, the company had sold over 200,000 registers and sent salesmen throughout Europe and South America. As early as 1896 it had sales in China, and by the end of World War I, National Cash Register was bringing in almost half its sales from overseas markets represented by at least 50 countries. The number of registers sold in 1922 alone was over two million. The company dominated the industry, buying up competitors when convenient. National Cash Register continued to develop its product line, coming out with new features to respond to customer demands. By 1944, the company had applied for 2,400 patents. With the advent of micro processing technology in the 1970s, the cash register industry changed. Most of the manufacturing moved to factories in Asia, and eventually two basic types of cash register evolved. One type is the generally low-end, all-in-one machine usually referred to as an electronic cash register, or ECR. The other wing of the industry is the POS terminal, which is more than a cash register because of its superior data processing ability. Both are manufactured in similar ways, though the ECR may be shipped to the customer complete and ready to go, where the POS is made up of different components that may not meet up until the customer installs the terminal. This one was used in a shop in Kirkcaldy, Fife in the early parts of the 20th century...
Sanjiv Bajaj, Managing Director, Bajaj Finserv, India speaking during the Session "Cash to Cashless" at the India Economic Summit 2019 in New Delhi, India, Copyright by World Economic Forum / Benedikt von Loebell
Paying for your goods takes only few minutes. The staff is well trained and very efficient.
Remember - cash, debit cards and government issued cards only.
I drew this sketch off of a Cash publicity shot from 1958, hence the younger look of the singer here.
And the lyrics there are perhaps some of the best song lyrics ever written.
Oh and there's a sketch of Ezra and some girl. Trying something out with the mouth.