satisficing, suffice, population clock, demographic

"For those who believe, no explanation is necessary; for those who do not believe, no explanation will suffice." 
— Dr. Michio Kaku, The Future of the Mind: The Scientific Quest to Understand, Enhance, and Empower the Mind


 Researchers: Japan will have no kids under age 15 by 3011
msnbc.com
By msnbc.com staff Japan will have no children under the age of 15 in 999 years if current trends continue, according to researchers at Tohoku University Graduate School of Economics in Sendai. A population clock developed by the researchers shows the ...

Japan's Demographic and Cultural Destiny
Forbes
Within the lifetimes of today's teenagers, Japan's destiny is to lose 30 percent of its population, and to suffer a remaining citizenry skewed toward the 60s,70s, 80s and 90s. No adjectives are required to dramatize the situation. The numbers suffice.


Herbert Simon (1916-2001) is most famous for what is known to economists as the theory of bounded rationality, a theory about economic decision-making that Simon himself preferred to call “satisficing”, a combination of two words: “satisfy” and “suffice”. Contrary to the tenets of classical economics, Simon maintained that individuals do not seek to maximise their benefit from a particular course of action (since they cannot assimilate and digest all the information that would be needed to do such a thing). Not only can they not get access to all the information required, but even if they could, their minds would be unable to process it properly. The human mind necessarily restricts itself. It is, as Simon put it, bounded by “cognitive limits”.



Toyota unsure if recalls suffice
Toyota's top U.S. executive told lawmakers on Tuesday that he is not certain the company has fixed its runaway car problems even though it has recalled millions of vehicles around the world.The Population Clock is the United States Census Bureau's continuously active approximations of both the population of the United States and the world's total population. The population totals are based on the latest census information and national population estimates, which are used in the algorithms that run the two clocks.^[1]

suf·fice (sə-fīs')

v., -ficed, -fic·ing, -fic·es. v.intr.

1. To meet present needs or requirements; be sufficient: These rations will suffice until next week.
2. To be equal to a specified task; be capable: No words will suffice to convey my grief.

v.tr.
To satisfy the needs or requirements of; be enough for.

[Middle English suffisen, from Old French suffire, suffis-, from Latin sufficere : sub-, sub- + facere, to make.]

sufficer suf·fic'er n.