Posts Tagged ‘opportunity cost’

  • Friction Free Clicks

    Feb 26, 12 • 328 Views • No Comments

    Which friction minimizing invention received a patent in 1999? Amazon 1-Click. Described by Amazon in their application for patent 5,960,411, the purchaser just hits a button that activates the movement of payment information from “the client...  [read more]

  • 15963_3.27_000001882191XSmall

    Chinese State-Run Firms

    Feb 24, 12 • 331 Views • No Comments

    Where would your cell phone, your car, your gasoline, your savings account and the TV station you watch all have one thing in common? China. Called state capitalism, 45% of the Chinese economy is owned or controlled by the government.  With 655 million...  [read more]

  • Scale for weight..2.16.12_000016156464XSmall

    Is Obesity the Government’s Business?

    Feb 16, 12 • 811 Views • No Comments

    To fight obesity, do you support government funded weight loss education? Soda taxes? Mandatory menu calorie counts? Banned bake sales? A recent Intelligence Squared debate provided several answers. The evening focused on the proposition,  “Obesity...  [read more]

  • 15488_snowSM

    Naming the Weather

    Feb 9, 12 • 317 Views • No Comments

    BMW had to apologize for bad weather.  It all began when their advertising agency decided to buy naming rights to a high-pressure area. Like hurricanes are named alphabetically in the U.S., high- and low-pressure weather areas that approach Central Europe...  [read more]

  • 19th Century Urban Transport Was An Environmental Problem

    An Environmental Law

    Jan 20, 12 • 297 Views • No Comments

    Asked if they want lower gasoline taxes that make more driving affordable, people typically say, “Yes.” Told that the only electricity for a village in India is from coal-fired plants, most people will say it’s okay. When making decisions...  [read more]