Surge Pricing Comes To The Restaurant Industry

An elite London restaurant is experimenting with surge pricing wrote Richard Vines: The Bob Bob Rica

People Are Using Ubers Instead Of Ambulances

Brad Jones wrote about an unexpected healthcare cost reduction method: Getting into an ambulance can

Why Have A President When You Can Have A Monarch?

Leslie Wayne wrote about today’s monarchists: The International Monarchist League argues that

 

Should We Abolish Medical Conferences?

May 14, 2012 in Daily Bulletin, Signature

In theory medical conferences “aim to disseminate and advance research, train, educate, and set evidence-based policy” yet John P. A. Ioannidis argues that they should be abolished. Here’s why:

  • Travelling to the conference imparts significant environmental costs. One estimate suggests that each mid-sized conference produces 10,000 tons of carbon.
  • The conferences create a branding system where those with high reputations get more attention. But this might mean that attention is given to those that know how to effectively navigate power circles rather than those that produce the best research.
  • The information disseminated is often not properly peer reviewed and instead the conference is used by participants to pad resumes.
  • Medical conferences may go extinct on their own: if physicians no longer pay attention, if people no longer attend, and if they no longer receive funding then they will naturally die out.
  • A better alternative would include small, focused groups of experts.

To read about the “virtual online late-breaker portal” that could be created to replace some of the functions of conferences, why medical conferences might discourage young researchers from focusing on what counts, the questionable peer review that takes place at these conferences, and how the issue of conflicts of interest is dealt with at these conferences, click here.

Source: JAMA

Via: Chris Blattman, Common Health

Should Forrest Gump Have Driven or Flown?

May 14, 2012 in Snips

We have established that Forrest’s run across the United States cost him $23,294.27 in today’s dollars. If you were considering emulating Gump’s feat then compared to other modes of transportation, such as an airplane or a car, how does running the same distance compare in economic terms?

The average cost of an airplane flight per mile is close to 42 cents. This brings the cost of Forrest’s journey by air to a mere $6,404.16. Or Forrest could drive. Since he doesn’t appear to have a car, spending most of the movie sitting at a bus stop bench, he’d have to purchase one for his 10 day, 9 hour journey. A good used car can be found for around $13,200, and gas would run about $2,632.06. He would need to buy food and assuming that he only has to consume 2,800 calories since he’s driving not running, that would be $14 a day.

Overall then travelling the distance by car today would cost $15,986 – or around $7,300 less than it cost to run. This proves one thing: Forrest Gump must have really enjoyed running. Centives can sympathize. Running provides an unrivaled feeling of serenity and freedom. To Forrest Gump this feeling was worth $23,294.27. Good thing so many people like shrimp.

Read the rest of our Forrest Gump coverage and keep in touch:

Forrest Gump’s Running Route

May 14, 2012 in Editorial, Top

He ran to the end of town, the end of the county, the end of the state, and to the end of the coast. Then he ran back a few times. But how far did Forrest Gump run? And for how long? Centives decided to find out.

We know that he began in his fictional hometown of Greenbow Alabama on October 1, 1979. The date is given away when a newscaster announces that President Carter had collapsed that day due to heat exhaustion as Forrest runs through town.

His first stop is Sa Read the rest of this entry →

What Did Forrest Gump Spend?

May 14, 2012 in Editorial

“I just felt like running.” Forrest Gump responds when questioned about the purpose of his trek across the United States. But how much would that whim really cost him if you wanted to replicate it today? Centives found out.

When he starts running Forrest is living off of a healthy fortune as a result of his entrepreneurial pursuits in the shrimp industry. Shortly before he takes off running Forrest deems himself a “gozillionaire.” When he steps off his porch on October 1, 1979 he brings nothing with him besides the clothes on his back and the baseball cap on his head. In calculating Forrest’s budget we took three factors into consideration: cl Read the rest of this entry →

Xbox And Zune: A Tale Of Two Challengers

May 13, 2012 in Daily Bulletin

Microsoft’s Xbox gaming console was introduced in 2002 into a market that was dominated by Sony’s PlayStation and Nintendo’s GameCube. Today it has become the top selling console. Four years later Microsoft released its Zune media player to compete against Apple’s iPod, hoping to replicate the Xbox’s success. Yet the players never caught on and were discontinued in 2011. What explains the differing outcomes of the two products? Todd Bishop reports on a talk given by Robbie Bach that highlights:

  • The Xbox challenged the existing norms at the time and envisioned a new future of downloadable games by adding a hard drive into the console. This was well before either Sony or Nintendo had contemplated such a move, and it paid off. In contrast the Zune tried to follow Apple’s lead and failed to catch on.
  • The Xbox’s marketing strategy appealed to a wide range of gamers. Zune’s marketing strategy targeted niche customers and ultimately failed to spread the Zune message.
  • With the Xbox Microsoft found willing partners in game publishers such as EA to support the console. Music publishers were never keen on supporting Zune.
  • The Xbox was able to take advantage of mistakes made by Sony in its transition to the PlayStation 3. The Zune was never given that chance since Apple rarely makes any mistakes.

To read more about what intrapreneurship means, what failure Bach considers to be the “most painful thing in [his] life”, as well as why Bill Gates thought that the Xbox needed a modem and much more click here.

Source: GeekWire

FBI Idol?

May 13, 2012 in Daily Bulletin

How does the FBI determine who its most wanted fugitives are? Daniel Nasaw took a look at the history of the list:

  • The ten people on the list are not ranked in any particular order.
  • The FBI only puts people on the list if the trail has gone cold and it believes that the public could aid in the capture of the fugitive. Of the 495 people who have made the list 465 have been captured.
  • Other criteria for being on the list include having a federal warrant out for an arrest, being deemed a threat to society, and being worth a $100,000 reward.
  • The top 10 list has mirrored the interests of the FBI. Up until the 70s violent anti-Vietnam war protesters dominated the list. In the 90s it was terrorists. In the 00s it has been child pornographers and pedophiles.
  • Individuals are removed from the list if they are captured, die, or are no longer considered a menace to society.
  • It can take a long time to replace somebody on the list. 11 months passed between the death of Osama bin Laden and the selection of his replacement.

To find out exactly how many of the most wanted have been captured through tips from the public, who currently makes up the list, why the FBI doesn’t put people on the list unless the trail has gone cold, the specific bureaucratic processes for adding somebody to the list, and who was deemed threatning enough to replace Osama bin Laden, click here.

Source: BBC

Avengers Assemble…at a Shawarma Joint?

May 12, 2012 in Daily Bulletin

Shawarma places across the United States are seeing a surge in demand. But what is Shawarma? And why is it suddenly so popular?

  • Shawarma is a Middle Eastern dish of meat prepared over a period of 24 hours served in a pita.
  • In Avengers, Iron Man endorses it as a food that he’s never had but would like to try, saying that there is a place that he knows. At one point in the movie the superheroes take him up on the offer.
  • Shawarma has seen a surge in interest on Google and Twitter. Jon Stewart also gave it a mention.
  • Shawarma joints are appreciative of the increased interest.

To read more about the proper way to prepare Shawarma, the relationship between food and culture, and the best place to get it in Boston, click here.

Source: Boston Herald

Poaching the Rich

May 12, 2012 in Daily Bulletin, Signature

Why don’t countries try to poach the rich away from the United States with tax incentives? Matthew Yglesias explored the issue:

  • Some do. The cofounder of Facebook, Eduardo Saverin, has renounced his American citizenship, and has likely taken up citizenship of the country he now lives in – Singapore. This is probably because Singapore has no capital gains tax and now that Facebook is going public he’ll save a lot of money.
  • But other countries could do more. Canada could offer a flat $50,000 tax rate for Americans. America’s rich would benefit by having to pay much less tax. Canada would benefit by increasing tax revenue and attracting the rich with all of their investments.
  • If countries tried to pull tricks like that the United States could always invade.

To read more about what the United States could do, an outline for what Canada should do, details about Saverin’s case, and why the world is better off that this doesn’t currently happen, click here.

Source: Slate

The History of Ketchup

May 11, 2012 in Daily Bulletin

Rachel Swaby took a look at the history of ketchup. Some of the fascinating finds include:

  • The original ketchup was a type of fish paste made of anchovies.
  • After a while people started experimenting with mushroom, walnut, grape and oyster ketchups among others.
  • Part of the appeal of ketchup is the high amount of salt and vinegar – these acted as a preservative and ensured that ketchup could stay on shelves a long time – crucial in the time before refrigerators.
  • In the 1960s mechanical harvesters which were more likely to bruise tomatoes became the norm. In response to this scientists at Heinz developed a tomato with a thick skin and more meat so that it could stand up to the harvester.
  • Heinz tomato plants used to produce 22 tons of tomatoes per acre. Now they produce more than double that.
  • There are just four hours between a tomato being plucked and it being turned into a tomato paste.
  • A ‘spice pack’ is added to ketchup to add flavour.

To read about the 6000 test tomato seeds that could go on to form the basis of your next bottle of tomato ketchup, when exactly tomatoes became the most popular form of ketchup, why tomato ketchup used to be coloured brown, why Heinz developed plants that stay ripe longer, and how the six billion seeds are distributed by Heinz each year click here.

Source: Gizmodo

Is Your Commute Killing You?

May 11, 2012 in Daily Bulletin

Researchers took a look at the relationship between work commute and health. Bill Briggs reported on some of the findings:

  • Those who have a longer commute weigh more and have a higher blood pressure.
  • This is possibly because they don’t have as much time to exercise.
  • Other potential explanations include less time for sleep, and snacking on fast food.
  • Every 10-mile increase in your commute increases your BMI by 0.17 units.

To read more details about the study, why you should honk at the person in front of you, and why more driving is likely to lead to higher stress levels, click here.

Source: Life Inc.