Presidential Drinking Games: The Story So Far

October 17, 2012 in Snips

Centives has been tracking debate drinking games since the beginning of the campaign. The second debate between Romney and Obama utilized the town hall format, and this wasn’t particularly conducive to getting a party going. So Centives decided to throw up the results after the first Presidential, and only Vice-Presidential debate. We’ll bring you the final count after the final debate:

Stay tuned to the rest of our 2012 American Presidential Election coverage over here.

The Rise Of Butlers

October 16, 2012 in Daily Bulletin, Signature

Despite some unwanted coverage, Butlers have become increasingly popular writes The Economist:

  • These days butlers must fulfill several roles. They should be able to plan events involving the world’s biggest celebrities, manage overseas investments, and take care of their boss’ whims and fancies.
  • For this the top butlers can expect to earn $240,000 plus a bonus and all expenses paid.
  • One agency’s butler training services are booked through 2013.
  • The main employers are Chinese, Russian and Middle Eastern. The British system of class greatly appeals to them.
  • Media portrayals of Butlers as discreet and resourceful have increased their popularity.
  • Classes are also available for employers to learn how not to embarrass themselves around their butlers. For around $13,000 the rich can learn the difference between desert and pudding, as well as how port should be passed.

Read more about their recent popularity and why Latin America might be the next big market over here.

Source: The Economist

Tie Colours And American Presidential Debates

October 16, 2012 in Snips

During American Presidential debates the most minute moments of the candidates’ performance are analyzed in excruciating detail. From the way that the candidates shake hands to the size of the flag pin that they wear. There is however one other important decision that a candidate has the make on the day of their debate: which colour tie they should wear. Centives went through all of the 22 Presidential debates that were broadcast in colour to see if there is any relationship between tie colour and ultimate victor.

Overall candidates have worn a tie with a red base colour 68% of the time, while blue has only been worn 16% of the time. The other 16% of the time candidates have worn a third colour, or a combination of colours.

Republican candidates have worn blue, the colour of the Democratic Party, 18% of the time. Democrats don’t seem to think as highly of their own colours and have only worn a blue tie 16% of the time. This might be because aside from Obama, democratic candidates who have tried wearing a blue tie have always lost the election. Carter was the first to bring out a blue tie against Reagan in 1980. Carter’s defeat was so traumatic for democrats, that it took 20 years before another democrat, Gore, was willing to try a blue tie…only to lose against Bush. In addition to being America’s first black President, Obama has the distinction of being America’s first democratic President who can pull off blue ties, having worn one in a debate against McCain.

Reagan was the only candidate who could be successful in a black tie. He wore one in his only debate against Carter, and for one of the debates against Mondale, four years later. Both Dole and McCain tried to follow in his footsteps by trying out black ties, and both went on to lose the election.

So what does all of this mean for Obama and Romney? Both will want to avoid black ties, unless either of them believes that they can measure up to Reagan. After having worn a blue tie for the first debate, Obama will probably not want to push his luck by wearing another one – after all, even in the debates against McCain he only wore a blue tie once, preferring to retreat to the relative safety of red for the other two debates. Bipartisanship was an important theme in the first debate, and perhaps the candidates will want to try something similar to the blue-red hybrid that Clinton wore during most of his debates.

Does Europe Need Bigger Cities?

October 15, 2012 in Daily Bulletin, Signature

America and Europe have roughly similar population levels. Yet Europe’s per person GDP is just 72% of America’s. The Economist argued that the size of Europe’s cities might be to blame:

  • America’s largest cities house 164 million people. In Europe it is just 102 million.
  • Cities are important for economic growth because there is knowledge spillover within them. When one person or company finds a new, more efficient way to do something, others soon copy it.
  • They are also important because today’s innovations requires experts from various different fields to come together, and this is easier to do in a city.
  • Europe’s cities may have remained small because of regulations. Zoning laws might help explain it. Linguistic barriers across Europe might also be a contributing factor.

Read more about what happens when a prominent researcher moves to a different city, how American cities compare to European ones, and what this means for Europe over here.

Source: The Economist

Gangnam Style Stock Markets

October 15, 2012 in Daily Bulletin

Gangnam Style is a music video that has gone viral, and there is a lot that it tells us about Korean stock markets:

  • Despite losing money over the past year a Korean firm called DI has seen its share price jump almost 500%. The reason? The chairman’s son is the creator of Gangnam Style.
  • This development should make no difference to how the company performs. Yet Korea has a history of unimportant things causing wide swings in the stock market.
  • If the child of a company’s CEO marries into the right family, then the company can expect to see gains in the market.
  • Or, if a person is seen in a photograph with an important politician, they too can expect to see a rise in their company’s performance.
  • These gains are generally temporary, and the stock soon comes back down to earth.
  • Some investors have taken to exploit this quirk of the Korean stock exchange to spread small pieces of seemingly innocuous and false information to make quick gains.

Read more about the ants behind the phenomenon, and examples of the wild swings in Korea’s market over here.

Source: The Economist

Via: Marginal Revolution

Census Data From Middle Earth

October 14, 2012 in Daily Bulletin

Emil Johansson has gone through all of J.R.R. Tolkien’s works to find some interesting statistics about the characters from Middle Earth that Tolkein describes:

  • Humans have the largest population followed by Hobbits, Elves and Dwarves.
  • Only 19% of the total characters are female. There is only one female dwarf.
  • At 589 years, Gollum had the longest lifespan among all Hobbits.
  • Samwise Gamgee and Rose Cotton had 13 children – a record for Hobbits.

Check out the rest of the fascinating statistics over here.

Source: LOTR Project

Via: io9

A Change In Queues

October 14, 2012 in Daily Bulletin

There’s a change happening in the nature of queues writes Benjamen Walker:

  • For the longest time the single serpentine line was the most popular form of queue. Instead of forming multiple queues everybody was in a single queue so that the person who waited the longest would be served next.
  • Now however businesses and the government are experimenting with priority queues.
  • In a priority queue you pay extra money to jump the queue in some way.
  • This is becoming increasingly common in airports, where first class passenger are allowed to skip ahead of everybody else, and even on high ways, where people can pay a special toll to go on an express lane.
  • Sea World has implemented a system where those who buy expensive special passes can leave the queue to do other things and then be alerted when it is their turn.

Read more about the morality of this practice and other places where you may soon be paying to get into a faster queue over here.

Source: BBC

Via: Marginal Revolution

Killer Dolphins

October 13, 2012 in Daily Bulletin, Signature

In Red Alert 2, a computer game, players were allowed to train killer dolphins to attack their enemy’s units. As it turns out this wasn’t too far removed from reality. Robert Beckhusen took a look at all the different ways that navies have (allegedly) used dolphins for combat purposes:

  • Ukraine is said to be experimenting with knives and guns attached to the heads of dolphins.
  • The country is also teaching the dolphins to search for mines and to mark them with buoys.
  • The US has experimented with trained dolphins that would prevent enemy combatants from landing on the shore.
  • The Russians, being aware of all the ways that their enemies have trained dolphins, have taught their commandos to fight dolphins in hand-to-hand (hand-to-fin?) combat.
  • It’s not just dolphins that get to have all the fun. America uses Sea Lions that attach clamps to potential threats which can then be reeled in like fish.
  • Countries have to be careful though. Dolphins aren’t the best at differentiating between enemy and friendly. Or to put it in the US navy’s words: “it would not be wise to give that kind of decision authority to an animal”

Read more about dolphins that can inject CO2 and times when they have actually been used over here.

Source: Wired

The Global Economy Is Local

October 13, 2012 in Daily Bulletin

Underpinning the foundation of a globalized world is an economy that has become increasingly local, writes Enrico Moretti:

  • As the world economy has moved towards services and information technology, human capital matters more than physical capital.
  • Unlike physical capital, human capital tends to clump together. Neighbourhoods with a lot of college educated people attract more of the same people, making it unlikely that the best and brightest will distribute themselves across America.
  • This phenomenon isn’t limited to the United States. In India and China relatively small cities are racing ahead, leaving the rest of the country behind.
  • For a company to be successful it must set up shop in places where these talented workers are available. This means that despite the globalized world, companies have to be careful to set up in the right localized area.

Read more of the argument here.

Source: CNN

Via: The Economist

Chocolate And Nobel Prizes

October 12, 2012 in Daily Bulletin, Signature

Nobel Prize season is upon us (we’re previously argued that Pocahontas deserves one), and Franz H. Messerli found something unexpected about what it takes to win a prize:

  • There is a strong relationship between the consumption of chocolate and a country winning Nobel prizes. The more chocolate, the more prizes.
  • This might be, in part, because chocolate is shown to improve cognitive function. It makes you smarter.
  • If a country wants its thinkers to win an additional Nobel prize then all it has to do is have every single person within its borders consume an additional 0.4kg of chocolate a year.
  • Sweden seems to be the exception. Swedes win way more prizes than they should based on the amount of chocolate they consume. This might be because the committee that determines who wins the prizes is based in…Sweden.

Read the entire study here.

Source: The New England Journal of Medicine

Via: Slate