Category: economics | 經濟學 | 경제학 | 経済

Economics or the dismal science was something I felt that I needed to include as it provides the context for business and consumption.

Prior to the 20th century, economics was the pursuit of gentleman scholars. The foundation of it is considered to be Adam Smith when he published is work An Inquiry into the Nature and Causes of the Wealth of Nations. Smith outlined one of the core tenets of classical economics: each individual is driven by self-interest and can exert only a negligible influence on prices. And it was the start of assumptions that economists model around that don’t mirror real life all the time.

What really is a rational decision maker? Do consumers always make rational decisions? Do they make decisions that maximise their economic benefit?

The problem is that they might do actions that are rational to them:

  • Reducing choice when they are overwhelmed
  • Looking for a little luxury to comfort them over time. Which was the sales of Cadbury chocolate and Revlon lipstick were known to rise in a recession
  • Luxury goods in general make little sense from a ration decision point of view until you realise the value of what they signal
  • Having a smartphone yet buying watches. Japanese consumers were known to still buy watches to show that they care about the time to employers when they could easily check their smartphone screen

All of which makes the subject area of high interest to me as a marketer. It also explains the amount of focus now being done by economists on the behavioural aspect of things.

  • Lee Dunne + more things

    Lee Dunne

    How Lee Dunne challenged the depiction of working-class mothers | RTÉ – I originally didn’t know Lee Dunne as a novelist. Instead he was part of my childhood. Lunchtime listening when I wasn’t at school was Harbour Hotel, a radio soap opera written by Lee Dunne that gave a good sense of everyday life. The graininess of listening to the show on medium wave added to the experience. Dunne wrote each episode a bit like Roshomon, with each character talking about an event (like an argument) from their perspective. RTÉ’s obituary also focuses on Dunne’s social commentary literature that was banned by the Irish government in the 1960s through to the mid-1970s. Lee Dunne like James Plunkett wrote about the everyman. Plunkett’s work differed from Lee Dunne in that it had more of a socialist tenor to the content. Lee Dunne had particular success with his 1969 novel Goodbye To The Hill, more Ireland related content here.

    Beauty

    Shu Uemura to Exit Korean Market | BoF – Shu Uemura, a Japanese beauty brand owned by L’Oréal, is exiting the South Korean market in September after 16 years. While some speculate this is due to Korean consumer boycotts of Japanese products that began in 2019, L’Oréal states the withdrawal is part of a strategy to optimise its brand portfolio and respond to local market demand. Another contributing factor is likely the intense competition within the Korean beauty market. Shu Uemura currently operates over 70 outlets in the country.

    Five China market strategies that domestic brands do better than foreign brands | Daxue Consulting – I would add western brands rather than all foreign brands

    Consumer behaviour

    NewNew™ on the App Store – god this dark. In th sage words of Matt Muir – how else do you describe a new app, with significant VC funding, whose main purpose seems to be to allow ‘creators’ (we’ll come back to that word) to earn money from their ‘fans’ in exchange for letting said ‘fans’ determine the course of their life, in some sort of modern, ersatz version of The Diceman?

    How China’s online hate campaigns work – Protocol — The people, power and politics of techIn today’s China, a nationalist campaign involves something far more complex than paying people to post scripted messages parroting Beijing’s line. The government has mastered the craft of influencing people’s genuine emotions and having these ordinary users do the trolling and doxxing — for free. Oftentimes, this means appealing to misogyny or chauvinism, something that virtually guarantees more clicks. Many videos and articles attacking Xu have tried to paint her personal life as promiscuous and delinquent. Web users have frequently called Xu a “female Han traitor,” a dog whistle that conflates concepts of chastity and national loyalty

    Europe

    Why Can’t Europe Cope With the Coronavirus? – Carnegie Europe – Carnegie Endowment for International PeaceEU states are too integrated to manage the crisis separately and not integrated enough to do so collectively, an inability to make rapid decisions, and a breakdown of trust between governments and the governed

    Ethics

    P&G reportedly testing Chinese workaround to Apple’s privacy changes | Marketing Dive – I find it hard to believe. if they’re seriously considering this, P&G have their head up their ass on ethics. They don’t need to do highly targeted marketing because Byron Sharp. This just looks like a waste of money

    Finance

    How China structures loans to become Africa’s “preferred” lender — Quartz AfricaChinese contracts contain broad confidentiality clauses that stop borrowers from sharing details about the contracts, or sometimes even the fact that they exist. And with a confidentiality clause in every contract in the dataset since 2014, the contracts had become more secretive over time. Most of the clauses commit the borrowing countries not to disclose any of the contract terms or related information, unless required by law.

    Hong Kong

    The Rise and Decline of Hong Kong – From the British Colonial Era to the Chinese Communist Takeover | The Greater China Journal 

    Hong Kong’s electoral changes: the Communist Party is taking over | Hong Kong Free Press HKFP – good summary of the different structures and challenges in the new Hong Kong ‘electoral’ system

    Hong Kong’s elites should think about an exit strategy – Nikkei AsiaThe most serious concern for Hong Kong’s elites is the impact on their interests if China’s economic integration plan is fully implemented. Hong Kong’s tycoons may see this plan as a great opportunity and believe that their connections on the mainland will help them. But they may be in for a rude shock. Beijing wants to integrate Hong Kong’s economy not to enrich its tycoons, but to make the city’s economic future even more dependent on the motherland. In this process, Beijing would understandably give preference to mainland players, in particular state-owned enterprises, at the expense of Hong Kong’s businesses. – this covers all the reasons why I think Jardine’s pivot to Indonesia is smarter than Swire doubling down on mainland China

    Ideas

    Zhang Baijia: Reflections on China’s Research on Frontiers and Relations with Neighboring States | 高大伟 David Cowhig’s Translation BlogHard intelligence is specific information; soft intelligence is the understanding that makes possible the interpretation of hard intelligence. I found this differentiation fascinating delineating information and knowledge

    Information security

    Israel Reportedly Behind Cyberattack That Caused Blackout at Iran Nuclear Facility – reminds me of the Tehran show on Apple+ about Israeli spec ops and hackers in Iran

    Apple Mail Zero-Click Security Vulnerability Allows Email Snooping | Threatpost 

    Media

    Cannabis streaming service sets debut date, program slate – The Third M – MM+M – Medical Marketing and Media – High Times meets NBC. What’s next Crypto News Network for the bitcoin and NFT fans?

    Retailing

    The great British retail reopening | Vogue BusinessThe 12 April reopening of all physical stores in the UK is an occasion for optimism, but it’s heavily laced with caution. “The big question is how much of the massive increase in total share of spend will online retain?” says Richard Hyman, veteran UK retail analyst. His rough estimate, he says, is about 85 per cent. “If online hangs on to a material portion of spend, then the cost of selling something in a shop will have gone up significantly.”

    Covid’s effect on Rodeo Dr, Oxford St, and Russell St retail closures — Quartz – worthwhile looking at for its retail information and its beautiful interactive design

    Technology

    Job search | Amazon.jobs – interesting job ads. Amazon is looking for a lot of product designers and software engineers to work on visual search and augmented reality as part of the ‘next generation of shopping innovation’ – I found this via the ex-Yahoo! employees groups on LinkedIn. Yahoo! had a large contingent of people working in areas such as image and video search that would be of interest to Amazon now. The team is based just down the road from Sunnyvale in Palo Alto

  • The split economy

    Split economy

    The split economy is used a term differentiate from the sharing economy. I first heard of it on the Robin Hood Snacks Daily podcast. The sharing economy has been discussed ad infinitum and is very popular. It encompasses high growth businesses like AirBnB, Uber and DoorDash.

    The split economy is used to differentiate itself from the sharing economy. They have some elements in common. Like the sharing economy, the split economy focuses on maximising the utilisation of assets. The difference is that the consumer isn’t paying for a just a service, but also fractional ownership of an underlying asset.

    An example would be fractional ownership of sports cars via ‘clubs’ :

    • Curvy Road
    • AutoXotica
    • Exotic Car Share

    Fractional ownership of art:

    • Feral Horses
    • Masterworks
    • ArtSquare.io

    None of these are necessarily ‘new’ business ideas, but they are now starting to get heat behind them.

    Pacaso

    Snacks Daily discusses a company called Pacaso. Pacaso buys high end properties and then divides it up into fractional ownership. They then charge a management fee to configure the home with personal pictures, a full fridge, fresh laundry and extensively cleaned. Its a sophisticated boutique experience, that is cheaper than full ownership, but with all the practical benefits.

    Pacaso

    Back in the day, Pacaso would have been described as a timeshare business. However the reputation of timeshares has been tainted by high pressure selling and criminality. Split ownership allows Pacaso to put distance between the timeshare sector and itself. It allows the business to ride the coat tails of valuations enjoyed by sharing economy companies.

    More similar posts here.

  • Adult male virginity + more news

    Adult male virginity

    Adult male virginity soars | Boing BoingThere are far more merciless forces in play, not least dating and hookup success being forced onto the same algorithmic curve as everything else on social media; the increasingly hypnotic impulse to live lives online; and the generally hopeless economic circumstances of young people who are getting very little out of life, but haven’t yet decided to burn it all down – interesting disparity between men and women in the data. I think the reasons behind adult male virginity soaring are multi-causal. I can see how adult male virginity trends will be be endlessly kicked around by a football to suit one viewpoint or another

    China

    How much will China grow as an export market? | Hinrich FoundationPolicy makers are currently in a conundrum over how best to engage economically with China. Underlying much of the debate is the assumption that China is a huge and rapidly growing market. While that has historically been true, the falling import intensity of China’s economic growth suggests a more limited market than foreign exporters assume

    A number of Hong Kong oligarchs brought up in mainland China, initially made their money on smuggling materials into China. This was back when the country was closed off. This included luxury goods, oil, truck tyres, machine parts or antibiotics. For instance, casino magnate Stanley Ho made his first fortune during world war II and the aftermath smuggling luxury goods from Macau into China. So it didn’t surprise me to see Fujianese Chinese connections involved in smuggling crude oil into North Korea.

    New York Times YouTube channel

    The New York Times Visual Investigations team used a mixture of old school investigative journalism and open source intelligence techniques championed by Bellingcat to blow open the story.

    What The West Misses About China – Persuasion – the move from soft to hard authoritarianism and how consumerism compensates for it

    Consumer behaviour

    The Complex Legacy of China’s Cinematic Pirates 

    Economics

    A Brief History of Semiconductors: How The US Cut Costs and Lost the Leading Edge | by Employ America | Mar, 2021 | MediumAs the industry matured and the competitive environment changed, the policy framework shifted as well. Since the 1970s, industrial policy has been incrementally replaced by a capital-light “science policy” strategy, while mammoth “champion firms” and asset-light innovators have replaced a robust ecosystem of small and large production-focused firms. While this strategy was initially successful, it has created a fragile system. Today, the industry is constrained on one side by fragile supply chains narrowly tailored to the needs of a few firms with enormous investment moats, and on the other side by the many asset-light design firms who are unable to generate or capture process improvements – this going into reversal is going to offer a bonanza for semiconductor manufacturing equipment vendors

    FMCG

    George Weston to sell Weston Foods » strategy – reorientation of the business towards retail and pharmacies

    Hong Kong

    Hong Kong Cantopop singer Eason Chan cuts ties with Adidas after brands reject forced labour – probably one of the odder celebrity backlashes against western companies not wanting to use forced labour in its supply chains. Chan is a Cantopop singer, he has low to no exposure to the mainland. His fan base is in Hong Kong and amongst the Hong Kong diaspora. On balance, give the age profile most of his fans will be ‘yellow’ in terms of their viewpoint. He is doing himself no favours by putting his head over the parapet. His fan base will shrink because of his hyper ‘blue’ alignment. I wonder what brought about his performative outrage. It carried more weight than Hong Kong politician promising not to wear another Burberry scarf until the brand backtracked on using Uighur picked cotton.

    Luxury

    Luxury groups warn £1bn in investment at risk from VAT relief cut | Financial Times – I know not a lot of people will be shedding tears and a lot of the tourists would be more interested in a Schengen area visa allowing freer travel. This might be less of a story than the industry makes it out to be because of Brexit.

    Luxury Brands Are Moving Into Online Stealth Mode. But How Can They Measure Success?At the beginning of this year, Italian fashion house Bottega Veneta signed off its social media accounts not with a bang, but with silence. The move, which was followed by the removal of its content on its Weibo account, was praised by many and marked a decided shift in the wider luxury market between brands that choose to be more inclusive in mindset, and those that are taking a more exclusive approach with their customers – I was surprised when many luxury brands went on to social media in the first place. On the flipside it makes complete sense for premium streetwear brands like Moncler.

    TikTok For Business – Moncler using TikTok for brand awareness

    Marketing

    What do consumers actually think of ads? – GWI 

    Media

    Apologist op-ed for disgusting racist tweets by African American editor against Asian Americans – Teen Vogue Editor’s Tweets Aren’t the Whole Story | The New Republic 

    Retailing

    H&M boycott in China intensifies over Xinjiang supply issue | Marketing | Campaign AsiaThe statement surfaced on social media yesterday and sparked an online storm of opinions. Comments on Weibo included “get out of Chinese market”, “the company’s clothes sucks, and I will no longer buy”, and “I heard that you are boycotting Chinese cotton, then I will boycott your products”. Chinese actor Huang Xuan has also terminated his relationship with the brand, according to reports. On his Weibo account, he posted a statement that said he was “firmly opposed to any attempt to discredit the country”. Those calling for a boycott claim that international sanctions against China are unjustified and based on “biased reports in foreign media and from international human rights campaigners”. – its a day with a ‘y’ in it, which means that China will be waging war by other means. The most recent high profile example would be the way Lotte was run out of China. The sooner the west start boycotting the Chinese market and supply chain the better. More at the FT – H&M and Nike face China backlash over Xinjiang stance | Financial Times 

    Technology

    Molson-Coors Discloses Cybersecurity Incident that Affected Production in 8-K Filing | Data Privacy + Cybersecurity InsiderMolson Coors Beverage Company (the “Company”) announced that it experienced a systems outage that was caused by a cybersecurity incident. The Company has engaged leading forensic information technology firms and legal counsel to assist the Company’s investigation into the incident and the Company is working around the clock to get its systems back up as quickly as possible.

    Inside the NSA’s War on Internet Security – DER SPIEGEL 

    Hacking Weapons Systems – Schneier on Security – there is no reason to believe that software in weapons systems is any more vulnerability free than any other software. I was reminded of ‘Windows for Warships‘.

    Alba Party supporters’ details hacked from website – STV News 

  • 2021 blogs that inspire me

    I wrote a blog post back in February 2014 that highlighted 40 blogs that inspired me, revisiting this post I decided to write about 2021 blogs that inspire me. But first how did the original list hold up in 2021?

    Original list in 2021

    Name / CategoryDescription
    Analysis 
    Wall Street Journal Corporate Intelligence blogNo longer exists, the link defaults to the Wall Street Journal front page.
    Edge Perspectives with John Hagel– No longer exists
    Monocle MonocolumnMonocle has kept the archive online, but the Monocolumn is no longer updated. It has been abandoned in favour of the Monocle Minute
    Organizations and MarketsOrganizations and Markets have their archive online but wrote their last post in 2016, ten years to the day when they first started writing posts
    Asia 
    AnalectsThe Analects last post was in November 2014
    Asia blogThe Asia Society have a blog which alternates between amazing photography from the region and analysis pieces with an academic / think tank type feel. It is still maintained
    Asian Security BlogStill sporadically posted to by Robert Kelly a Korean-based professor of international relations, it has some interesting posts analyzing the complex relationships across APAC. In 2017, became better known when his children gatecrashed a television interview he was doing via Skype with the BBC
    Bytes of ChinaNo longer available
    China Real TimeThe blog has disappeared and now diverts to the WSJ’s Asian news section.
    ChinaTechNewsChinaTechNews seems to have stopped at the end of 2020
    Hong Kong HustleStopped in 2017, but the archived posts are still available
    Jing DailyAll things luxury sector related in China.
    Jottings from the Granite StudioNow diverts to Jeremiah Jenne’s personal site
    May DailyMay Daily no longer exists
    Scene AsiaNo longer exists, instead it diverts to the WSJ home page
    Business 
    Andy KesslerBlog of the business author and former Wall Street analyst, mostly just posts the copy from his Wall Street Journal articles there now.
    Bronte CapitalAustralian authored blog with some interesting analysis on some of the business stories of the day with a very strong focus on US companies
    Strategyprofs.netThe archive is still available. The last post was written in 2016
    Union Square VenturesA mix of curated content and original analysis by staff from a New York-based venture capital firm
    Design 
    Cool ToolsKevin Kelly’s website which is a spiritual successor to the Whole Earth Catalog.
    designboomGreat new product site which cover product design to architecture products, handy to look through for inspiration
    DezeenSimilar to designboom but more focused on architecture
    IDSA Materials and Processes SectionNo longer active
    Thinking and SharingHasn’t been updated since November 2020
    Ideas 
    BBH LabsRandom assortment of posts from the innovation team at BBH, always something to think about
    ExcapiteIdeas of exploration in the network economy
    PARC blogBlog no longer active
    Insights 
    CEB Iconoculture Consumer Insights BlogMerged into GartnerGroup’s other blog posts
    Creative Culture InternationalNuggets of consumer behaviour insights from around the world
    GfK Insights BlogGlobal market research agency posts based on some of the research they carry out, has a mixed bag of content
    The comScore Data MineNo longer active
    WPP Reading RoomNo longer active
    Online 
    China Internet WatchThink Techcrunch for China
    China Social Media blogNo longer active
    Facebook Developer BlogLess of a pleasure, more of a professional necessity to try and keep with up with the latest developments on the Great Satan of social
    Technology 
    FluxxNo longer running a blog
    Infinite LoopArs Technica’s Apple-focused channel, quality analysis
    Michael GeistCanadian expert on intellectual property and online privacy. Blogs analysis with a North American focus
    Tech-On!Blog no longer published in English
    The WirecutterA ‘best of ‘ website that looks at different technology categories

    What surprised me about the 2012 list is how many blogs covering different aspects of China in terms of the technology scene, culture and online life have disappeared or stopped being updated. Despite the fact that now, more than ever, they are needed.

    Major media outlets have walked back from building blogs based on interest areas or personalities ( like a traditional newspaper columnist).

    By comparison, I have a compiled an exemplar list of inspirational 2021 blogs. I look at more but that would be ludicrously long to compile.

    2021 blogs that inspire me

    Name / CategoryDescription
    Analysis 
    Marginal RevolutionEconomics blog of Tyler Cowen and Alex Tabarrok, both of whom teach at George Mason University
    Naked CapitalismNaked Capitalism is an educated critique of post Reagan / Thatcher Chicago School of economics
    Global Risk InsightsA mix of current affairs and economics from an international team of policy wonks and economists
    LawfareCurrent affairs analysis in association with the Brookings Institute
    ProMarket A curated newsfeed of articles on the intersection of technology, policy and economics
    VoxEUEU focused policy blog under the auspices of the Centre for Economic Policy Research
    Asia
    Asian SentinelAsian Sentinel is edited by a couple of veteran Asia based journalists. The content comes from a number of experts in the region in specialisms such as finance, economics and policy.
    Chosun IlboEnglish language Korean newspaper
    Hong Kong Free PressThe Hong Kong Free Press is an English language online-only new site focusing on Hong Kong
    MetropolisEnglish language online magazine focused on life in Japan – culture rather than policy and news
    Jayne StarsEnglish language blog that collates Hong Kong celebrity news from Cantonese language media. It is was important for me to keep an eye on this when working in Hong Kong. It is also a good way to track the slow death of the Hong Kong domestic media industry.
    Nippon.comOnline magazine ran by the Nippon Communications Foundation
    PingWestChina-based English language site that specialises local technology sector news
    SoraNews24English language version of a Japanese news site that focuses on ‘fun, weird, and intriguing news from Asia, particularly Japan’. It has some great Japanese consumer insight content including retail experiences
    South China Morning PostThe South China Morning Post historically was the paper of record for Hong Kong. It’s medium-to-long term usefulness looks in question with the National Security Act and the Chinese government pressure for Jack Ma to divest media ownership
    Tech in AsiaEnglish language site that is focused on the South East Asian and East Asian technology sector 
    What’s On WeiboEnglish language site that provides insight into the top stories and memes trending on Chinese social media
    The Wire ChinaSubscription-based online Chinese news magazine covering business, policy and economic issues
    HKU Legal Scholarship BlogHong Kong University faculty of law blog on local developments
    Design
    Cool Hunting A mix of the unusual and cool from around the web
    Cool ToolsKevin Kelly’s website which is a spiritual successor to the Whole Earth Catalog.
    designboomGreat new product site which cover product design to architecture products, handy to look through for inspiration
    DezeenSimilar to designboom but more focused on architecture
    Core77Curated design and architecture
    Retro To GoProducts with a retro design and sensibility
    1Granary A magazine focused on profiling designers and artists
    ColossalColossal in their own words – “an international platform for contemporary art and visual expression that explores a vast range of creative disciplines.” 
    Design milkAn online magazine and e-commerce site focused on modern design
    DexignerOne of the OG design blogs started back in 2001
    Retro To Go Retro To Go curates vintage and new products that are retro influenced product designs
    Ideas
    Ad AgedGeorge Tannenbaum is a 40 year creative veteran in the advertising industry. His blog is a mix of smart thinking and ranting about ageism and other isms in the ad industry (there’s a lot of them to rant about)
    AeonAeon is a smart digital magazine run along the same principles as PBS or NPR in the US
    BaekdalManagement consultancy type content on the media industry, primarily aimed at publishers, but useful for ad people like yours truly
    Clot MagazineAn online magazine about art that uses ‘science’ as its media – full of interesting curios
    Creative Culture A mix of academics and consultants covering a wide range of cultural issues. I am never sure what I’ll find here, but it’s seldom dull.
    FuturismCuration of interesting stuff
    Hello FutureFrance Telecom has a blog about the bleeding edge of technology. Alongside the usual 5G flag waving you’d expect from a major mobile network operator there’s some thoughtful content
    Kellogg InsightArticles from the Kellogg School of Management at Northwestern University. Many of which are well written
    KnowledgeArticles written by INSEAD teaching staff and alumni 
    Union Square VenturesVenture capital fund who write about some of the thinking that underpins their investment themes
    Yale University Press BlogA blog that covers the central ideas in the books that they publish. The articles go from current affairs to art, history and science.
    Technology
    Radio Free MobileDespite the name, covers technology and does some interesting business analysis. I really like the way everything is delivered in succinct bullet points
    Semiconductor DigestSemiconductors are the most overlooked, yet important part of technology today. Well worth keeping up with the latest developments here
    Chilling CompetitionAnalysis of the intersection between legal and technology, with a particular focus on anti-trust and competition law
    Tech.euEurope based technology and innovation news
  • HSBC bank + more things

    HSBC bank

    China and the UK test HSBC Bank divided loyalties in Hong Kong — Quartz  – If HSBC Bank were to spin off its China operations, it wouldn’t be the first bank to reconfigure its ties due to a changed political situation. In the 1980s, the British banks Barclays and Standard Chartered pulled out of direct operations in South Africa amid global pressure against the apartheid regime. The bank’s actions “highlighted…the fact that financial institutions were not unassailable when faced with public pressure on ethical issues. HSBC Bank is betting that the screwing China will give it is still better than the west, more from the FT here: HSBC Bank shifts ‘heart of business’ to Asia in latest strategy revamp | Financial Times 

    Huawei’s CFO Meng Wanzhou takes HSBC to court in Hong Kong to seek access to bank’s internal papers – HSBC might not want this one to go to court. Possible clash with Chinese law on imposing unjust penalties. But if it goes ahead HSBC faces western sanctions. More related content here.

    China

    Book Review: Rural Youth Key to China’s Human Capital Crisis – Caixin GlobalRural China is so systematically neglected that it has become nearly invisible not only to most outside observers but even to urban elites within China. But this “invisible” part of China will determine its economic future. Instead of sitting in an ivory tower advising Chinese officials what to do, the authors and their team at Stanford University’s Rural Education Action Program (REAP) have been helping China’s rural youth on the ground in practical and realistic ways

    Exclusive: Scientists at top British universities worked with Chinese nuclear weapons researchersScientists at Britain’s leading universities – including Cambridge, Edinburgh and Manchester – have worked on a string of projects with researchers at China’s nuclear weapons research institution – it doesn’t necessarily mean that they were helping the Chinese build a new generation of warheads but its not a good look

    Consumer behaviour

    Cultural Differences May Affect The Outcome Of A Pandemic: New Research : Goats and Soda : NPRTight cultures tend to have had a lot of threat in their histories from Mother Nature, like disasters, famine and pathogen outbreaks, and non-natural threats such as invasions on their territory. And the idea is when you have a lot of collective threat you need strict rules. They help people coordinate and predict each other’s behavior. So, in a sense, you can think about it from an evolutionary perspective that following rules helps us to survive chaos and crisis

    Notice, Shift, and Rewire: Starting the Journey to Dismantle White Supremacy | by Anna Madill | Feb, 2021 | B The Change – interesting read. What struck me is how much this goes against efficiency and effectiveness in terms of everything one would have been taught in business management, to focus on what I’d call internal quality. It is predicated on a sufficiently slow rate of environmental change / client demands in order to allow this to happen. It is an ideal work environment (and I don’t mean that in the terms that they define it) but in a more general sense. It goes against the grain of the observations of James Gleick in his work Faster

    Culture

    How we made Theme from S-Express | Pop and rock | The Guardian 

    Design

    The US Air Force Quietly Admits the F-35 Is a Failure – ExtremeTech – its unreliable and doesn’t meet their expectations

    French law forces Apple to display repair scores alongside its products – not the same as the right to repair. Presumably if other countries in the EU followed this, it would force changes in the design process, though I am less convinced with Apple

    Energy

    Interesting how there is a groundswell of activity against the energy dead-end of reliance on Li ion batteries. Porsche Says Its Synthetic Fuel Could Make Gas-Powered Engines as Clean as EVs | Robb Report 

    FMCG

    Celebrating Lunar New Year: Filling Up on Food, Family and Content – Nielsen – really useful stats in here

    Hong Kong

    Hong Kong citizens are being thrown in jail because of old British law | Business Insider – how British colonial law is being used against Hong Kongers by their government

    Luxury

    Rihanna and LVMH shut down Fenty Fashion House – CNN Style – not terribly surprising, a lot was being asked of the label

    Why L Catterton and Financière Agache snapped up Birkenstock | Vogue Business 

    Franck Muller’s Newest Watch Doubles as a Bitcoin Wallet, and You’ll Need Cryptocurrency to Buy It – for the tech bro that has everything

    Famous for Partying, Alexander Wang Could Become Infamous | New York magazine – fashion has a me too moment

    Security

    Finnish IT Giant Hit with Ransomware Cyberattack | Threatpost 

    Checkout Skimmers Powered by Chip Cards — Krebs on Security – the ingenuity that goes into these designs is impressive.

    Technology

    Connected Cars: Show Me The Money | EE Times – I am surprised that ad tech doesn’t feature this as data that they pull in

    Deepfake videos of Tom Cruise show the technology’s threat to society is very real | Input Magazine – perfect excuse for every political sex tape that drops in the future

    GitHub – igorbrigadir/twitter-advanced-search: Advanced Search for Twitter. – grokking Twitter

    Signal Stickers – some of these clearly violate IP

    Telehealth could be great in the post-pandemic world. 

    The Right Instagram Hashtags for Any Topic with One Click – Fanbase Karma blog