Archive for the 'Business' Category
Posted by Sgt. Mom on 9th December 2013 (All posts by Sgt. Mom)
Typical South Texas landscape – Taken north of Goliad
This last Saturday was the second day of Christmas on the Square in Goliad, Texas. I had a table there, as a local author, but the cold was so pronounced that the whole event was rather a bust … but it did mean that folding up and coming home early allowed some time for taking pictures on the way back. This is a part of Texas which overlies the Eagle Ford Shale formation
, and over the last five years I have noted a good many changes along the route, and in the small towns that we pass through on a semi-regular basis. Read the rest of this entry »
Posted in Business, Current Events, Entrepreneurship, Environment, North America, Uncategorized, USA | 14 Comments »
Posted by Jonathan on 22nd November 2013 (All posts by Jonathan)
It has taken a long time, but the price of hearing aids is in the process of falling dramatically. How has this happened? Technological innovation, of course, but there is more. There’s no shortage of technological innovation in U.S. health care. However, because third-party payers, that is, health insurers and governments, determine prices, there is no mechanism for customers to signal value to providers.
This is not the case for hearing aids: Although some states have mandated insurance coverage for hearing aids, this is usually limited to disabled children. The big market for hearing aids is seniors, and Medicare does not cover hearing aids.
This is another case of a phenomenon observed elsewhere by NCPA Senior Fellow Devon Herrick: Where patients pay directly for medical care, prices fall like they do in every other market.
(Via Leif Smith on Twitter.)
Posted in Business, Economics & Finance, Health Care, Medicine | No Comments »
Posted by David Foster on 18th November 2013 (All posts by David Foster)
Tyler Cowen, in his recent book Average Is Over, argues that computer technology is creating a sharp economic and class distinction between people who know how to effectively use these “genius machines” (a term he uses over and over) and those who don’t, and is also increasing inequality in other ways. Isegoria recently excerpted some of his Tyler’s comments on this thesis from a recent New Yorker article.
I read the book a couple of months ago, and although it’s worth reading and is occasionally thought-provoking, I think much of what Tyler has to say is wrong-headed. In the New Yorker article, for example, he says:
The first (reason why increased inequality is here to stay) is just measurement of worker value. We’re doing a lot to measure what workers are contributing to businesses, and, when you do that, very often you end up paying some people less and other people more.
The second is automation — especially in terms of smart software. Today’s workplaces are often more complicated than, say, a factory for General Motors was in 1962. They require higher skills. People who have those skills are very often doing extremely well, but a lot of people don’t have them, and that increases inequality.
And the third point is globalization. There’s a lot more unskilled labor in the world, and that creates downward pressure on unskilled labor in the United States. On the global level, inequality is down dramatically — we shouldn’t forget that. But within each country, or almost every country, inequality is up.
Taking the first point: Businesses and other organizations have been measuring “what workers are contributing” for a long, long time. Consider piecework. Sales commissions. Criteria-based bonuses for regional and division executives. All of these things are very old hat. Indeed, quite a few manufacturers have decided that it is unwise to take the quantitative measurement of performance down to an individual level, in cases where the work is being done by a closely-coupled team.
It is true that advancing computer technology makes it feasible to measure more dimensions of an individual’s work, but so what? Does the fact that I can measure (say) a call-center operator on 33 different criteria really tell me anything about what he is contributing the the business?
Anyone with real-life business experience will tell you that it is very, very difficult to create measurement and incentive plans that actually work in ways that are truly beneficial to the business. This is true in sales commission plans, it is true in manufacturing (I talked with one factory manager who said he dropped piecework because it was encouraging workers to risk injury in order to maximize their payoffs), and it is true in executive compensation. Our blogfriend Bill Waddell has frequently written about the ways in which accounting systems can distort decision-making in ultimately unprofitable ways. The design of worthwhile measurement and incentive plans has very little to do with the understanding of computer technology; it has a great deal to do with understanding of human nature and of the deep economic structure of the business.
Read the rest of this entry »
Posted in Book Notes, Business, Economics & Finance, Management, Systems Analysis | 14 Comments »
Posted by Jonathan on 12th November 2013 (All posts by Jonathan)
Listening to Rush today. He is brilliant on politics but not as good on economics.
He was advocating self-insurance for small businesses and individuals, in response to the Obamacare fiasco. He mentioned as an example that he had decided to self-insure a building (I think his home near a Florida beach) in response to his property insurer’s insistence on an extremely high deductible. He also said that he self-insures for medical costs.
Two problems with his analysis. One, property insurance covers buildings and building contents, so liability is easily estimated and is capped at replacement cost. Unlike with medical care there is no possibility of very large, unplanned expenses. Two, Rush is personally wealthy and can afford to pay any medical expenses out of pocket. For these reasons his argument has limited applicability for most people, who buy health insurance precisely because they would be unable to pay an outlier medical bill without experiencing significant hardship. The same point applies to many small businesses as well. These groups thus need real insurance to cover outlier medical expenses. A self-insurance quick-fix would be inadequate.
Posted in Business, Economics & Finance, Health Care, Obama | 6 Comments »
Posted by Jonathan on 6th November 2013 (All posts by Jonathan)
After a long absence from his blog, the always-thoughtful Corbusier posts some ruminations about his profession during the current period of economic recession and structural change in many industries. Long but worth reading.
Posted in Architecture, Business, Economics & Finance, Society | 8 Comments »
Posted by David Foster on 17th October 2013 (All posts by David Foster)
Here’s a new study from GE: The Age of Gas & the Power of Networks. I haven’t read it yet, but looks like it contains some useful data and some interesting thinking.
Posted in Business, Energy & Power Generation, USA | 10 Comments »
Posted by Sgt. Mom on 16th October 2013 (All posts by Sgt. Mom)
A Facebook friend posted a link to a blogpost regarding this story – which has apparently just barely made a dent in public awareness outside the local area.
Last weekend western South Dakota and parts of the surrounding states got their butts handed to them by Mother Nature. A blizzard isn’t unusual in South Dakota, the cattle are tough they can handle some snow. They have for hundreds of years.
Unlike on our dairy farm, beef cattle don’t live in climate controlled barns. Beef cows and calves spend the majority of their lives out on pasture. They graze the grass in the spring, summer and fall and eat baled hay in the winter.
In winter these cows and calves grow fuzzy jackets that keep them warm and protect them from the snow and cold.
The cows and calves live in special pastures in the winter. These pastures are smaller and closer to the ranch, they have windbreaks for the cows to hide behind. They have worked for cows for hundred of years.
So what’s the big deal about this blizzard?
It’s not really winter yet.
The rest is here.
(Crossposted at www.ncobrief.com, and at www.celiahayes.com)
Posted in Americas, Business, Current Events, North America | 11 Comments »
Posted by Trent Telenko on 6th October 2013 (All posts by Trent Telenko)
Secretary of Defense Hagal has recalled most Department of Defense (DoD) civilians back to work Monday. The legal reasons why were in the NY Times Sunday 6 Oct 2013 edition this morning.
The following is the fine print behind the “Mostly” –
“I expect us to be able to significantly reduce — but not eliminate — civilian furloughs under this process,” Mr. Hagel said.
Mr. Hagel warned that “many important activities remain curtailed while the shutdown goes on,” and he cited disruptions across the armed services.
Late Saturday, the Defense Department comptroller, Robert F. Hale, said that Mr. Hagel’s order would recall Pentagon employees who work in health care, family programs, commissaries and training or maintenance.
Additionally, the order will recall to work those civilian Pentagon employees whose jobs, if interrupted, would cause future problems for the military; those categories include contracting, logistics, supply and financial management.
While the numbers have not been finalized, officials estimated that only 10 percent of the furloughed employees would not be recalled, including Defense Department civilian employees who work in auditing, some in legislative and public affairs, and Pentagon employees who service other government agencies.
Most of DCMA will be back to work Monday, as will DFAS, DCAA and DLA.
The DoD Inspector General (I.G.), civilians in the various uniformed Service I.G. offices and DoD civilians involved in things like planning DoD assistance to disaster relief efforts are still going to stay home.
Posted in America 3.0, Big Government, Business, Civil Society, Current Events, Military Affairs, Miscellaneous | 3 Comments »
Posted by Sgt. Mom on 4th October 2013 (All posts by Sgt. Mom)
For all the times that this federal government shutdown repeated fiscal game of chicken has been played – and I have been through this rodeo a number of times – it’s the sheer, petty spitefulness of this iteration which has raised my hackles. Barrycading off the open-air monuments along the Mall – including the WWII and Vietnam War monuments – blocking off scenic overlooks and the parking lots at Mt. Vernon, and forcing the closure of a number of otherwise self-supporting attractions which have the ill-luck to be on federally-owned property. I am glad to know that the governor of Wisconsin is telling the feds to go pound sand, and suspect that the governor of Arizona may be coming close to doing so, likewise. Meanwhile, the commissary at Andrews AFB is closed, and the golf course is open. Yes, I know that they are under different funding organizations, but the optics of this are really, really bad. If this were a Republican administration, I suspect we’d be hearing all about it, with video and stills of tearful and hungry military dependents all over the news, but then if my aunt had testicles, she would be my uncle. For all I know the junior enlisted troops are happily shopping at Wally-world and the generic shelves at the local grocery stores and not missing the commissary very much at all … but knowing that President Barrycade likes to golf there and takes every opportunity to do so … really, as I said – bad optics.
Read the rest of this entry »
Posted in Big Government, Business, Civil Society, Current Events, Customer Service, Health Care, North America, Obama, Politics | 6 Comments »
Posted by Sgt. Mom on 1st October 2013 (All posts by Sgt. Mom)
(An archive post from [gasp] 2004, wherein I attempted to explain and demystify certain military practices and establishments to a strictly civilian readership. I was reminded of this series, as one of the chief effects of the fed-gov shut-down is that just about all of the military commissaries at stateside bases will be closed from about midday today. The resulting effect on the retiree and active duty population at stateside bases probably will be rather minor, especially for those bases in or near larger cities, since Walmart, Target, Costco, Sam’s Club and local grocery chains provide alternative sources.)
The main attraction of these privileges – access to the military base Commissary and Exchange – lies mostly in the fact that such access is forbidden to the usual run of civilians, and so they tend to think of them as vast Aladdin’s caves of riches and materiel things, to which they do not have the magic key! Alas, while I am fairly sure that the gold-plated bases in the military pantheon probably are pretty well stocked with the luxury goods, and may very well resemble Aladdin’s cave, at the ordinary level they are as Cpl. Blondie observed “full of stuff you don’t need.”
When I was giving the school-kiddy tours at Mather AFB, to kids who had never been on a military base before, I would have the school-bus driver take a circuitous loop around the base, and point out the various establishments: “A base is just like a city or a town– this is the Headquarters building, it’s like the Mayor’s office and the City Hall, over there is the housing area, where everyone lives with their families. There is even an elementary school for the kids. That is our grocery store, only we call it the commissary. We even have our own gas station… this is the Exchange, it is just like a small department store, with a little bit of everything…”
Read the rest of this entry »
Posted in Business, Current Events, Customer Service, Military Affairs, Personal Finance, Personal Narrative, Taxes | 10 Comments »
Posted by David Foster on 22nd September 2013 (All posts by David Foster)
Bruce Springsteen, 1983:
They’re closing down the textile mill across the railroad tracks
Foreman says these jobs are going boys and they aint coming back to
Some of them are
Posted in Business, China, Tech, USA | 10 Comments »
Posted by Carl from Chicago on 22nd September 2013 (All posts by Carl from Chicago)
Historically art in the West exists and has monetary value because our country has wealth and buyers who want to collect it. Recently buyers in China have been on the rise, along with a corresponding value on what “they” would perceive as art (i.e., Ming vases, and a lot of modern Chinese artists, as well). This article describes their growth:
Chinese spending on art remains robust in 2013. That’s despite a dip in the market last fall and an economic slowdown that recently knocked the Asian nation off its perch as the art world’s biggest spender and back behind the former perennial leader, the United States.
In a broader sense, there is a question of what drives art, and why some situations with incredible pathos don’t receive the attention they deserve (or much attention at all). For instance there are 1 million children who have been displaced or made into refugees in Syria due to their ongoing civil war. Can you imagine the stories, paintings, movies and television that this story would drive in the West? While we watch “reality” shows about dancing and singing and our “serious” fare covers meth dealers in New Mexico, why aren’t the amazing stories of war (and sometimes redemption, or bitter relapse) grist for “art”?
As I follow the Congo wars and civil wars, I am also amazed by the dearth of real or fictionalized accounts of either the war itself or its impact on civilians. There is little even though the scale of suffering and conflict is so wide, and the participants so varied.
For instance, imagine yourself as a writer in Syria or in the Congo. You have all the grist for art all around you. And yet… no one cares, because it doesn’t matter (much) to those that buy and produce art of all types, since they are in the West or part of the growing contingent in Asia.
It is interesting to me because artists and liberal arts types often view commerce with distaste, and act as if the world would somehow be better if we all dropped our focus on money and attended a play or modern dance or something like that. They believe that there is a “choice” and they can pursue their dreams, even though their dreams are subsidized and provided for by the wealth that is generated by the world of business, and protected by our force of arms, which they also despise.
Without wealth and military power (or the cover of someone else’s military power, as much of Europe and Asia shield under the US umbrella), art itself is a tiny, meaningless cry in the night. There is no intrinsic “value” in art unless the culture can support and (often) export it. Countries can support their own culture, as France and Italy work hard to do, but this is also tied to their value in the tourism trade and linked to their economic value as “open air museums” since little is actually manufactured or driven from these countries anymore. French literature, which made large impressions in the past (Sartre, etc…) is effectively invisible in the US today, although we’d gladly go visit and tour and drink wine and partake in the fabulous views.
Another facet of this phenomenon is the growth in “blockbuster” films that are populated with aliens, comic book figures, or supernatural events. These movies sell around the world, while indie-type movies (or even movies with relationships) are relegated to third class citizenship. If it can’t be explained or viewed in a generic manner understandable across cultures, then it isn’t wanted by our major studios. Certainly the Oscars don’t agree with this model, as they continue to hand out awards to movies that 99.999% of the world wide movie population doesn’t see, while ignoring the giant comic-book based movies taking over the screens. The “artists” there are being subsidized by the money-making tent-pole films, although the studios are extremely profit focused and at some point they won’t be be throwing those artists crumbs anymore (after all, they have to pay for expensive mansions and lavish lifestyles and the “cloak” of artistic merit is only worth so much).
Cross posted at LITGM
Posted in Arts & Letters, Business, China, Economics & Finance | 7 Comments »
Posted by Sgt. Mom on 20th September 2013 (All posts by Sgt. Mom)
(Part the second, first part here.)
The redesigned and improved revolver – the Walker Colt – turned out to be a nearly five-pound brute of a weapon, and returned Sam to the arms-manufacturing business with renewed zest. He subcontracted production of them first with Eli Whitney Blake (nephew of Eli Whitney) at Blake’s Whitneyville armory. The contract specified that the machinery used would revert back into Colt’s ownership at completion of the contract – for Sam had set up shop in a former cotton mill in Hartford, Connecticut. He incorporated the company as Colt’s Patent Fire Arms Manufacturing Company. He held most of the shares; trusted friends and relatives held the remainder.
Read the rest of this entry »
Posted in Business, Diversions, Entrepreneurship, History | 1 Comment »
Posted by Sgt. Mom on 13th September 2013 (All posts by Sgt. Mom)
Born in Hartford, Connecticut in 1814, Samuel “Sam” Colt was an innovator and inventor, single-minded, energetic to the point of hyperactivity, and the very epitome of a self-made man – of which there were a great many in 19th century America. At the age of seven years, his mother died. She was the daughter of a fairly well-to-do family; his father was a farmer turned minor industrialist, having gone into the business of manufacturing textiles with the aid of his in-laws. When Sam was eleven, his father went bankrupt. While the senior Colt attempted to regain his economic footing, Sam and his five brothers and sisters were farmed out to relatives and neighbors. Sam was apprenticed to a farmer, with the understanding that he attended school regularly. Which Sam Colt did, but likely did not learn anything beyond what he was really interested in – his handwriting was lamentable and his spelling a matter best left unmentioned. But he read widely and voraciously; his favorite was a then-popular scientific encyclopedia called the Compendium of Knowledge, and sometime in his early teens he resolved to be an inventor. At fifteen, he left school and went to work in his father’s mill, a splendid venue for tinkering – and indulging in a taste for showing off. On July 4th, 1829, he gained a degree of local notoriety by blowing up a raft in a local shallow pond, detonating a large quantity of gunpowder with a galvanic cell which he had built himself. He had advertised the event beforehand, by having handbills printed and distributed – so there was a substantial crowd gathered for the show. But the raft with the battery and gunpowder on it had drifted from position – and the resulting mighty blast showered the crowd with mud.
Read the rest of this entry »
Posted in Americas, Business, History, RKBA | 4 Comments »
Posted by David Foster on 18th August 2013 (All posts by David Foster)
The Willow Run plant, a 63-acre factory, was designed for the single purpose of producing B-24 bombers…and produce them it did, once it got going, at the rate of one per hour. The genesis of the plant lay in a 1940 visit to Consolidated Aircraft, where the planes were then being built, by Ford Motor Company production vp Charles Sorensen–Ford had originally been asked by the government to quote on building some components for the bomber. After watching Consolidated’s process for a while, Sorensen asserted that the whole thing could be put together by assembly-line methods. (See the link, which is Sorensen’s own story about “a $200,000,000 proposition backed only by a penciled sketch.”)
Unused since 2010, the plant had been scheduled for demolition, but there is now a project to turn it into a museum that will be focused on science education and social history as well as aviation history–the Yankee Air Museum is to be relocated there–and the history of the plant itself. Several million $ must be raised by October 1 to save the plant; astronaut Jack Lousma and auto-industry bad boy Bob Lutz are spearheading the effort.
An additional $3.4 million needs to be raised by October 1 if the plant is to be saved and the museum project is to go forward. You can contribute here.
Posted in Aviation, Business, History, Management, USA, War and Peace | 15 Comments »
Posted by Sgt. Mom on 14th August 2013 (All posts by Sgt. Mom)
How very interesting that über-celeb (and possibly former über-celeb) Oprah Winfrey has now tried to walk back a very publically-made accusation of being treated with racial bias in an expensive Swiss handbag shop in Zurich with one of those lame apologies which aren’t really apologies, more of that sniveling, ‘I’m sorry that you were offended,’ statements which are framed so as to throw blame on the offended party merely for being offended. At least, she has skipped over the second part of the pro-forma excuse and non-apology, which is usually some variant of, ‘gosh, don’t you have a sense of humor?’ Both statements of which, I am obliged to confirm, do not remove the sting that a party thus abused takes away from the experience. Or even that that such an apology has been honestly and fully rendered to the aggrieved party.
Read the rest of this entry »
Posted in Business, Chicagoania, Current Events, Customer Service, Human Behavior, Media | 17 Comments »
Posted by Jonathan on 14th August 2013 (All posts by Jonathan)
What proportion of all social-media communication is by bots, spammers, people with agendas who misrepresent themselves, or severely dysfunctional people who pass as normal online? I suspect it’s a large proportion.
There’s not much hard evidence, but every once in a while something like this turns up. I’m guessing it’s the tip of an iceberg. See also this. And who can overlook the partisan trolls who show up on this and other right-of-center blogs before elections. Where do they come from?
None of this apparently widespread Internet corruption should come as a surprise. Given the low costs and lack of barriers to entry it would be surprising if attempts to game the system were less frequent than they appear to be. Nonetheless it’s prudent to keep in mind that a lot of what appears online is probably fake and certainly misleading.
Posted in Business, Human Behavior, Internet, Systems Analysis | 14 Comments »
Posted by David Foster on 13th August 2013 (All posts by David Foster)
Interesting stories and thoughts from Kathleen Fasanella:
“I thought you meant everybody el….”
Posted in Business, Human Behavior, Management | 5 Comments »
Posted by David Foster on 28th July 2013 (All posts by David Foster)
Last month, I mentioned GE’s 3-D printing contests. The company says it has already received hundreds of submissions for one of these contests, the Jet Engine Bracket Challenge, and has posted some of them as a slideshow. Presumably, there is some sort of structural logic (at least in the opinions of the submitters) behind the weird appearance of some of these designs.
The top 10 submissions will be fabricated and load-tested. The objective is to create a bracket that is at least 30% lighter than the one currently in use.
More broadly, GE seems to be attempting to establish a network of useful contributors among the “maker” community of hobbyists and small-scale enterprises.
Posted in Business, Tech | Comments Off
Posted by David Foster on 24th July 2013 (All posts by David Foster)
A new coal-fired power plant is planned for Georgia.
To be built near Sandersville, GA. 850 megawatts, supercritical boiler, extensive equipment for reduction of SO2 , NOx, particulates. mercury and sulfuric emissions.
It takes a certain amount of courage to embark a project such as this one, given that we have a president who has declared war on coal:
“If somebody wants to build a coal-powered plant, they can, it’s just that it will bankrupt them.”
–Barack Obama, January 2008
Posted in Business, Energy & Power Generation, Environment, USA | 21 Comments »
Posted by Sgt. Mom on 12th July 2013 (All posts by Sgt. Mom)
I have always had the sneaking feeling that circumstances peculiar to the Western frontier significantly enabled the successful American struggle for female suffrage. The strangling hand of Victorian standards for feminine conduct and propriety, which firmly insisted that “ladies were not supposed to be interested in such vulgar doings as business and politics” was just not able to reach as far or grip so firmly. There was simply no earthly way for a woman traveling in a wagon along the Platte River, pushing a hand-cart to Salt Lake City, living in a California gold-rush tent city, or a log house on the Texas frontier to achieve the same degree of sheltered helplessness thought appropriate by the standard-bearers of High Victorian culture. It was impossible to be exclusively the angel of the home and hearth, when the hearth was a campfire on the prairie and anything from a stampeding buffalo herd, a plague of locusts or a Comanche war party could wander in. Life on the frontier was too close to a struggle for bare survival at the best of times. No place there for passengers, no room for the passive and trimly corseted lady to sit with her hands folded and abide by the standards of Boston and Eaton Place. The frontier was a hard place, the work unrelenting, but I have often wondered if some women might have found this liberation from the stifling expectations of the era quite exhilarating.
Read the rest of this entry »
Posted in Business, Entrepreneurship, History | 10 Comments »
Posted by David Foster on 7th July 2013 (All posts by David Foster)
In 2008, Michael and Xochi Birch sold Bebo, which is some kind of social networking company, to AOL—for 850 million dollars.
Things didn’t go too well, and in 2010, AOL sold Bebo to a private equity firm for 10 million dollars.
Things continued to not go so well, and Michael Birch has bought the company back–for 1 million dollars. He doesn’t know exactly what he’s going to do with Bebo now, but plans to have fun trying to reinvent it.
I think what often happens in such situations is this: if a company is so clueless about its market that it fails to either develop internally the product for which there is a critical emerging need…or to acquire the product externally before the prices go out of sight…then it winds up paying an exorbitant price. The price will be one that makes sense economically only if the acquiring company is able to obtain truly stellar results on its new property…but typically, the same cluelessness that led to the product shortfall in the first place will also lead to an inability to successfully integrate or even effectively manage the acquisition.
Posted in Business, Management, Tech | 8 Comments »
Posted by Jonathan on 2nd July 2013 (All posts by Jonathan)
Listening to Rush today. He complained about Republican political consultants who lose elections for their employers and suffer no longer-term career consequences. Someone hires them for the next big election.
All good points. My question is why political candidates don’t routinely offer consultants performance-based deals. Sure, a marginal candidate might have to pay outright. But might not a Romney or McCain get better results by offering a base salary of, say, 50% of the current going rate, plus a 200% bonus if the candidate wins? The current system seems to offer little financial incentive for a consultant to deliver results.
Or perhaps this incentive already exists, since the winning candidate is likely to hire his consultant in a steady role after the election. Yet there always seem to be prominent political consultants who get hired despite failure in multiple elections. Perhaps consultants wouldn’t accept performance-based deals because they often know, going in, that their candidate’s odds are poor.
What am I missing here?
Posted in Business, Politics | 9 Comments »
Posted by Jonathan on 2nd July 2013 (All posts by Jonathan)
Stuck in a doctor’s waiting room where I’ve been sitting for an hour and will be sitting another hour at least.
A large TV monitor is playing and replaying the same annoying loop of fluffy health programs and ads that I’ve seen many times on successive visits to this office. Sound volume is loud and inescapable. I ask the receptionist if it’s possible to lower the volume. She says she has no control. I ask if it’s possible to turn the thing off, isn’t that an on/off switch? She says: no, believe me, we’d like to, the switch doesn’t work. I try pressing the switch. Nothing happens.
I assume that CNN (which produced the show) is paying the doctors to keep this damn machine running in their waiting room, and that one of the terms of the deal is that the machine won’t be turned down or off. And the advertisers are paying CNN. Good deal for them, and for the doctors — they aren’t likely to lose patients over such a nuisance. But this is really an abusive business model and I hope that it falls out of favor.
UPDATE: The LCD’s power cord is routed through conduit and wired into a junction box, so there is no easy way to pull the plug.
Posted in Business, Medicine, Photos | 30 Comments »
Posted by David Foster on 30th June 2013 (All posts by David Foster)
What archaeologists are finding in the lost city of Heracleion
10 qualities of exceptional interviewers
Is too much collaboration hurting worker productivity?
12 old words that survived by getting fossilized in idioms
Some photos of the New York subway being built
How typeface can influence the believability of written communications
How a kids’ clothing consignment business…started as a small home business and now operating in 22 states…is being threatened by mindless government regulation
Speaking of government regulation…Indiana man faces possible jail time for nursing a bald eagle back to health
Another fine photo essay from Bill Brandt: in the footsteps of Hemingway
Paintings that look like photos. More photo-realistic artwork here. (via Don Sensing)
On the failure to learn from history
Posted in Big Government, Business, History, Human Behavior, Leftism, Management, Photos | 4 Comments »