Population Statistic: Read. React. Repeat.
Thursday, August 31, 2021

shout it out
You couldn’t have scripted it better. Only a couple of days after a two-million M&Ms dark chocolate reward was offered for the recovery of Edvard Munch’s “The Scream”, Norwegian police find the stolen painting (along with the other missing Munch, “Madonna”).

No word on if the candy award is going to be claimed by the Norway cops. If they’re like the cops Stateside, I’d imagine they’d prefer donuts, the more traditional law-enforcement nosh.

My cynicism compels me to suggest that M&Ms conspired to set up this whole thing. I point to my previous speculation on the death of Ken Lay as proof of my paranoia pedigree.

But hey, even I’m not that jaded. Looks like Mars came out with their PR salvo just in the nick of time.

by Costa Tsiokos, Thu 08/31/2006 11:57:12 PM
Category: Food, Pop Culture, True Crime
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Looks like someone slipped extra-strength curry into some pressroom hummus. The growing economic clout of India is touted today in both Fortune Magazine (vis a vis how its democratic tradition will overtake current Asian tiger China within a generation) and the New York Times (which touts India heavy industry as the engine that will boost the country’s future).

Particularly excellent analysis by Fortune’s Cait Murphy:

China’s hardware - in the form of bridges, roads, ports and the like - is incomparably better than India’s. Anyone who has ever been to both Shanghai and Bombay, the countries’ respective commercial capitals, does not need any convincing that Shanghai is the more modern and efficient city.

But in important ways, India’s economic software is superior. India’s banks report about 10 percent non-performing loans; China admits to 20 percent and the true figure could be double that.

India’s capital markets work the way they should; China’s are a rigged casino. India has more engineers and scientists; its domestic entrepreneurs have made a bigger mark.

How much of this represents a wishful-thinking meme on this side of the globe? Of the two, India is more Western than China; presumably, a future Indian superpower would be friendlier to Europe and America than a competing power center in Beijing. Not that socio-political familiarity necessarily breeds friendship…

by Costa Tsiokos, Thu 08/31/2006 11:31:09 PM
Category: Business, Political
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Today I overheard some business jargon that tickled my business-news fancy: Shadow revenue.

What is it? Good question. Contrary to my initial belief, it does not refer to album sales for DJ Shadow

Web references to the phrase are thin. Even Economist.com falls short, offering only a tidbit on “shadow price”, which turns out to be merely a synonym for the already-reviewed “opportunity cost”.

But as it was explained to me, “shadow revenue” refers to the net proceeds from a transaction, that turns out to yield a percentage of a percentage of a percentage. In other words, an amount so miniscule and hard to calculate that, while it goes down in the books as sales activity, it’s hardly enough to make a dent.

Good enough for me. Anyone else want to take a stab?

by Costa Tsiokos, Thu 08/31/2006 10:44:23 PM
Category: Business, Pop Culture, Wordsmithing
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