{"id":10221,"date":"2013-12-09T09:00:46","date_gmt":"2013-12-09T14:00:46","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=10221"},"modified":"2013-12-09T07:45:19","modified_gmt":"2013-12-09T12:45:19","slug":"the-economics-of-pianos","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2013\/the-economics-of-pianos\/","title":{"rendered":"The Economics Of Pianos"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/12\/120913_1217_TheEconomic1.jpg\" width=\"640\" height=\"545\" \/><\/p>\n<p>The Economist took a look at the business of building pianos:<\/p>\n<ul>\n<li>In the first half of the 1900s there were 300 piano makers in Europe. Today there are nine.<\/li>\n<li>European grand pianos take up to 1,500 hours to construct and cost \u20ac100,000.<\/li>\n<li>The reason for the decline of Europe&#8217;s piano makers are familiar \u2013 Asian upright pianos cost just \u20ac2,000 and electrical keyboards start at \u20ac100.<\/li>\n<li>Of the 493,000 pianos made in 2012 almost 80% were manufactured in China.<\/li>\n<li>European piano makers are trying to make a comeback by shifting to a services model and offering piano courses to the super-wealthy.<\/li>\n<\/ul>\n<p>Read more about the industry, its notable names, and more over <a href=\"http:\/\/www.economist.com\/news\/business\/21591243-chopins-piano-maker-gives-up-others-are-fighting-chinese-rivals-major-challenges-minor\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.economist.com\/news\/business\/21591243-chopins-piano-maker-gives-up-others-are-fighting-chinese-rivals-major-challenges-minor\">The Economist<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Economist took a look at the business of building pianos: In the first half of the 1900s there were 300 piano makers in Europe. Today there are nine. European grand pianos take up to 1,500 hours to construct and cost \u20ac100,000. The reason for the decline of Europe&#8217;s piano makers are familiar \u2013 Asian [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/12\/120913_1217_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=10221"}],"version-history":[{"count":2,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10221\/revisions"}],"predecessor-version":[{"id":10223,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/10221\/revisions\/10223"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/10220"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=10221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=10221"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=10221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}