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

 

The Political Economy Of Domain Names

October 25, 2015 in Daily Bulletin

In a wider article about how a fixed internet landscape translates poorly into a world of fluid international borders, Rosie Cima had some fascinating bits of information about famous domain suffixes such as “.ly” or “.me”:

  • Countries are able to make money from domain names ending with certain letters. For example .uk is overseen by the United Kingdom, .jp by Japan, and .se by Sweden.
  • This can be lucrative. Tuvalu, a country, managed to get .tv assigned to it. The country now makes $2.2 million a year from websites ending with .tv – 10% of the government’s budget.
  • Montenegro got .me and has made $15 million since 2006. Facebook, for example, owns fb.me
  • .io belongs to the British Indian Ocean territory and is expected to do well because it’s memorable, and is an area under stable British rule.
  • Unstable countries can create complexities. .sy belongs to Syria. After western countries imposed sanctions on the country during its ongoing civil war, companies paying the government for that domain such as art.sy were found to be violating those sanctions.
  • Similarly, .ly which belongs to Libya, and is used by several major websites such as bit.ly, has been a mess since Muammar Gaddafi was overthrown. Not only were sanctions imposed for a while, there are now two competing governments who claim to be in charge.

The full article focuses on Libya’s experience, websites that have had troubles because of their domain names, some of the ethical questions that the domains raise, and a broader history of the internet. You should read it here.

Source: Priceonomics

Selecting Pornography For A Sperm Bank

October 23, 2015 in Daily Bulletin

When men provide sperm donations for a sperm bank they’re given pornography to help the process along. Zach Schwartz took a look into the sorts of considerations that go into finding the right material:

  • The owners normally have to go out and buy the porn themselves. Asking employees to buy it could be deemed sexual harassment.
  • The porn is selected to encourage donors to quickly finish their business and prevent them from lingering.
  • In the past the materials exclusively featured Caucasian couples. Nowadays sperm banks have to provide a wider range of materials featuring different ethnicities and even sexualities.

Read more here.

Source: Vice

The Latest Craze In Korea Is Men…Who Cook

October 22, 2015 in Daily Bulletin

Anna Fifield had a fascinating piece on the latest trend in South Korean cooking shows. Having men cook:

  • Korea arguably has a food obsessed culture. To say “how are you?” in Korean you ask “have you eaten?”
  • Individuals post YouTube videos of themselves eating so that others who are alone around the country can eat along with them.
  • In the traditional Confucian culture men are not expected to cook. Those who try maybe chased away by grandmothers with an old saying that translates to them losing their manhood at the stove.
  • The latest generation sees nothing emasculating about men cooking. Indeed top cooking shows now have male stars that attract a considerable female following.
  • It isn’t just about the sex appeal. Some women try to watch the show with their boyfriends and husbands in the hopes of encouraging them to cook.
  • For others there’s something appealing, in troubled economic times, about top sexy male chefs using what are usually every day ingredients to make world-class meals.
  • One of the more popular shows, called “Please Look After My Fridge” has chefs go to celebrity homes and try to whip up a meal with the contents of their fridges.

The full article is well written, has many more interesting points, and is worth a read. You can find it here.

Source: The Washington Post

A New Gadget To Help Dog Owners Communicate With Their Pets

October 21, 2015 in Daily Bulletin

Michael Walsh wrote about a gadget intended to cross the hound-human barrier:

  • A device called TailTalk attaches to a dog’s tail and measures details about the speed, frequency, and direction that a dog wags their tail.
  • Left wagging indicates negativity, while right wagging signifies joy. Other cues are more subtle.
  • The idea is that pet owners will be able to see how their pooch’s mood changes over the day.
  • They may find, for example, that their dog particularly enjoys a certain type of food or toy. Or that they are stressed by certain environments.
  • Its creators are requesting $100,000 to bring the product to market on Indiegogo. So far they’ve raised 41% of that.

Read more about the device here.

Source: Yahoo News

Via: Marginal Revolution

The Economics Of Hangovers

October 20, 2015 in Daily Bulletin

Gillian B. White reported on a study that looked at the economic impact of hangovers:

  • The study examined the cost of lost productivity, criminal justice fees, and medical bills as a result of people regretting the night before.
  • The greatest cost comes from people who have to miss work due to hangovers, or who show up but are ineffective. This is estimated to cost the United States $90 billion.
  • Car accidents as a result of hangovers cost $13 billion and arrests and court fees cost $15 billion.
  • Overall hangovers cost the US economy $250 billion. About $100 billion of that is borne by taxpayers in the form of medical care and government employee time.

In fairness the study doesn’t seem to have compared the stats above with the value that people derive from being able to drink enough to trigger a hangover. You can read the study here.

Source: The Atlantic

The First Drone Airport In The World

October 19, 2015 in Daily Bulletin

Plans are being drawn up to build the first civilian drone airport in the world writes Lily Kuo. The country responsible for this next generation infrastructure? Rwanda:

  • Landlocked Rwanda is known as the “land of a thousand hills” due to its rough terrain.
  • The three building drone airport is expected to be able to send drones to 50% of the country.
  • The primary focus is on delivering emergency medical supplies to rural areas. It will also be capable of delivering commercial goods much like a postal service.
  • The airport will contain a facility to produce more drones, and a medical center.
  • If the port is successful then project sponsors claim that dozens more could be built around the country.
  • True to Rwanda’s reputation as a tech friendly hub, its liberal policies on drones is in stark contrast to other African countries such as South Africa and Kenya which have heavily regulated the use of drones.

Read more about the project and see photos here.

Source: Quartz

Via: Marginal Revolution

How POTUS Became The Most Powerful In The World

October 18, 2015 in Daily Bulletin

The President of the United States is considered to be the most powerful person in the world. This is not his story. This is the story of the acronym he has come to be known by: POTUS.

  • The acronym probably first became popular with the advent of the telegraph when brevity was valued due to the time and effort it saved.
  • Even with the advent of telephones, wires were still used for newspapers and railroads meaning that the acronym lived on into the modern era.
  • The acronym soon began to attract an allure of mysticism and might around it. Railway telegraph operators knew the gravity of learning that POTUS was in one of the cars on the tracks.
  • By 1966 there were telephones around the Whitehouse with a red button labelled “POTUS” connecting directly to the President.
  • Today things have come full circle. POTUS is the President’s handle on Twitter because….brevity is valued due to character limitations.

Read more about the history of the acronym here.

Source: Vox

Playboy’s Legacy

October 16, 2015 in Daily Bulletin

Playboy is going to become a PG-13 magazine, months after making the decision to reorient its website away from nudity. Alyssa Rosenberg noted that this was a good opportunity to examine the magazine’s legacy:

  • Saying that people only read the magazine for the articles has become the butt of many jokes. But the magazine has been responsible for many pieces of award winning journalism.
  • Playboy provided men a new way to express masculinity. A man didn’t have to go hunting or score the winning touchdown. A man could be indoors, mix cocktails, put on mood music, and invite a woman over for philosophical conversations…and sex.
  • Nor did men have to be threatened by gender equality. They didn’t need women to be housewives at home to feel like men. Instead men could support and enjoy the benefits of the sexual liberalization of women.
  • The magazine also helped encouraged interracial relationships.
  • On issues such as legalizing abortion and expanding access to contraception the magazine’s advocacy provided men with language they could use to side with what were traditionally seen as female causes without feeling insecure.

The magazine was, of course, ultimately one that made money by selling naked images of women. Holly Madison, one of Hugh Hefner’s girlfriend’s, painted a disturbing picture of the founder of the magazine. And Bill Cosby is alleged to have perpetrated sexual assault at one of Playboy’s “mansions”. Read more about these and other criticisms of the magazine, as well as other impacts that the magazine has had on our culture over here.

Source: The Washington Post

A Dating App For Bacon Lovers

October 15, 2015 in Daily Bulletin

Olivia B. Waxman wrote about a dating app for people who know exactly what they want in a relationship: somebody to eat bacon with:

  • Users of the app are asked questions such as “what kind of bacon do you love the most” and “how do you like your bacon cooked”.
  • Perhaps most importantly users are asked to explain what they would do if they were on a date and only one strip of bacon was left.
  • The app is called Sizzl, and just like with Tinder users look at profiles and then indicate which ones they find “smokin'”
  • Those that mutually like each other can then message each other.

Read more here.

Source: Time

The Economics Of ISIS Governance

October 14, 2015 in Daily Bulletin

Deir ez-Zor is a province in eastern Syria that has been controlled by the group formerly known as ISIS since 2014. Recently public accounts figures leaked and Zack Beauchamp took a look at what they showed:

  • Surprisingly only a third of ISIS’s revenue comes from oil sales.
  • Most of the rest comes from “taxes” and “confiscations” – essentially what is likely extortion by the state government.
  • On the one hand this is good news – there is only so much the government can confiscate before there’s nothing left.
  • On the other hand it means that bombing campaigns won’t do much good in degrading ISIS’ finances. You can at least destroy oil production facilities.
  • Most of ISIS expenditure is on soldier salaries, policing, and military bases.
  • There is very little spent on economic development.
  • However the group does devote 18% of its budget to what is called a “social services department”.

Read more, and see some fascinating visualizations over here.

Source: Vox

Via: Marginal Revolution