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Sunspot Group AR 1520 on July 15th, 2012. via infinity-imagined
A world where it takes 30 hours of minimum-wage work to pay the rent, is very different to a world where it takes 120 hours of minimum-wage work to pay the rent. It’s a factor of 4—just half an order of … Continue reading
Many thanks to Sameer Al-Sakran for compiling the numbers. Category Started Funded %F ∑Raised TC Posts Advertising 3972 631 16 $8B 996 Biotech 2787 1770 64 $42B 43 Cleantech 1302 719 55 $33B 192 Consulting 3330 176 5 $2B 444 … Continue reading
The fundamental mystery of capitalism, in my mind, is how a lot of locally zero-sum fights—over customers, over bread, over a job opening—can result in a globally positive-sum game like 2%/year economic growth over a century. Just had a small … Continue reading
http://c.brightcove.com/services/viewer/federated_f9?isVid=1 Head of Chinese government’s sovereign investments: Jin Liqun (family-name personal-name order) Europe lacks a “master plan” to deal with the currency problems Europe-wide bonds slowing down the Chinese economy on purpose rural migrants, inland vs coastal “Social harmony is … Continue reading
http://c.brightcove.com/services/viewer/federated_f9?isVid=1&isUI=1 Somebody can kill you, at any time. (Source: http://c.brightcove.com/)
You remember that thing you said, way back then? You were totally right. That is a good point. I’m sorry. I was wrong.