Edible miniature fast food kit, which contains pork and chicken ingredients, but no artificial colours nor preservatives. According to the cook, it tastes like real hamburger, bread, cheese, ketchup, french fries and cola. The cost is 258 yen / 3.2 USD.
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Infographic: The Ten Commandments Of Steve Jobs
4 Sep
The 10 Commandments:
- Go for perfect
- Tap the experts
- Be ruthless
- Shun focus groups
- Never stop studying
- Simplify
- Keep your secrets
- Keep teams small
- Use more carrot than stick
- Prototype to the extreme
Click to enlarge
Source: Newsweek.
How a Woman`s Brain Works
21 Feb
«Every one of those little blue balls is a thought about something
That needs to be done, a decision or a problem that needs to be solved.
A man has only 2 balls and they take up all his thoughts.»
[via LLM & Kids Prefer Cheese]
Friday Fiscal Focus
18 Feb
Campbell Soup via Wikipedia.
Campbell Soup (CPB) i forecast to report 71 cents a share.
Progress Energy (PGN) is estimated to post 44 cents a share.
Pinnacle West Capital (PNW) is expected to report 2 cents a share.
By FactSet Research [via Market Watch]
Sentences To Ponder
1 Jan
The Newmark’s Door spotted some entertaining attempts to answer «Whys?» the past year:
«Why cold, dark, small, and depressive nations top the rankings».
Norway, one of the «cold, dark, small, and depressive nations» that usually top rankings. Image via Wikipedia
«Why Are We Beginning to Hate Congress?» [«Beginning to»?]
«Why Do Harvard Kids Head to Wall Street?».
«Why Do IQ Scores Vary By Nation?».
«Why Are Fewer and Fewer U.S. Employees Satisfied With Their Jobs?»
«Why We Dream: Real Reasons Revealed».
«Why Texas is doing so much better economically than the rest of the nation».
«Why GPS voices are so condescending».
«Why the Latest Frontier of Statistical Research in Baseball Is Defense».
Women Prefer A Larger Government
10 Dec
via Wikipedia
More evidence for this conventonal assumption provided by Tiago Cavalcanti and Jose Tavares latest paper:
The increase in income per capita is accompanied, in virtually all countries, by two changes in economic structure: the increase in the share of government spending in GDP, and the increase in female labor force participation. We argue that these two changes are causally related. We develop a growth model where female participation in market activities, fertility and government size, in addition to consumption and saving, are endogenously determined. Rising incomes lead to a rise in female labor force participation as the opportunity cost of staying at home and caring for the children increases. In our model, higher government spending decreases the cost of performing household chores, including, but not limited to, child rearing and child care, as in Rosen (1996). We also use a wide cross-section of data for developed and developing countries and show that higher market participation by women is positively and robustly associated with government size. We then investigate the causal link between participation and government size using a novel unique dataset that allows the use of the relative price of productive home appliances as an instrumental variable. We find strong evidence of a causal link between female market participation and government size. This effect is robust to the country sample, time period, and a set of controls in the spirit of Rodrik (1998).
[via Free Market Mojo]
McCain Wins Republican Primary
25 Aug
Image by aflcio via Flickr
“Former Presidental Candidate and Arizona Senator John McCain fought off a challenge in the Republican primary election in his bid for a fifth term after spending some $20 million and adopting a hard line on his signature issue of immigration.”
[via Bloomberg]
WSJ Markets
- Tip Puts Lobbyist's Career on HoldMark Hayes was a Washington policy wonk on a long and steady ascent. A series of emails to a client was all it took to put that carefully crafted career on hold.
- Wall Street's Giants Try 'Flow Monster' FormulaFor all the talk that "Wall Street is back" from the ravages of the 2008-2009 crisis, there are signs that the financial industry is undergoing a profound transformation, writes Francesco Guerrera.
- New Rival Emerging for Bloomberg ChatThomson Reuters and Markit, rival data providers, have teamed up with investment banks to build a new messaging service to challenge competitor Bloomberg LLP.
- Plight of the NavigatorsMartin Essex discovers who is making waves as a top stock picker in this first Europe's Best Analysts survey?
- Silver Recovers After SwingsSilver earned its moniker as the "Devil's metal" with a day of whipsaw trading that took prices to their lowest level since September 2010.
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