The Illusion of Skill

The Occupy Wall Street protests have prompted a great deal of discussion regarding income discrepancy, much of it accompanied from the side of the greedy sociopaths by the “we’ve earned it, we work harder and we’re smarter than everyone else.” line of logic. Interestingly, many of the top earners work in investment banking, selecting shares [...]

must have…..

For those who don’t have enough real ones

Solar powered cockroaches – yours for only $1:69

Amazing Slippers!

These are Freudian slippers…..I had to have that explained to me. You can buy them here….

incentivization

As Kindle owners, the likeithateit team feel a collective guilt for the recent troubles that the Borders Bookstores have been facing. Yet as guilty as we feel, it doesn’t compare to the anger that inflames our hearts upon reading that the executives that run Borders in the States are asking for bonuses despite the fact [...]

very big fucking numbers

This remarkable story from Michael Pasco at the Sydney Morning Herald takes us through some of the more amazing numbers behind the revolution of China’s economy. Its a striking account of just how much has changed in the state of world power in the last decade.
Over the past 30 years, nearly 400 million Chinese have [...]

going viral

an ideal employee

From The Atlantic
NOT LONG AGO I was offered work as a quality-control expert with an American company in China I’d never heard of. No experience necessary—which was good, because I had none. I’d be paid $1,000 for a week, put up in a fancy hotel, and wined and dined in Dongying, an industrial city [...]

business as usual

From The Guardian
The poverty of action is inexcusable. The value of outstanding lending by British banks in all currencies is five times our national output – proportionally greater than any comparable country – and is underpinned by a puny amount of pure equity capital; £1 for every £50 lent. As an internal Bank of [...]

D-I-Y

Sweet story here from Wired , though, perhaps a little too wide eyed and gee whiz, when you consider the state of the American economy. But I guess that is their point. America’s demise is really the demise of Fordism and the giant scale, production that entails. This idea, that the individuation [...]

keep looking »