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Gene Ellis

The force assaulting the euro | The Economist - 0 views

www.economist.com/...rm-threat-monetary-union-force

euro economist

shared by Gene Ellis on 06 Jun 15 - No Cached
  • The force assaulting the euro
  • The force assaulting the euro
Gene Ellis

Germany Fights Population Drop - NYTimes.com - 0 views

www.nytimes.com/...ny-fights-population-drop.html

shared by Gene Ellis on 18 Feb 15 - No Cached
  • Germany Fights Population Drop
  • But undoing years of subsidies for traditional households is difficult. “Touching those is political suicide,” said Michaela Kreyenfeld of the Max Planck Institute for Demographic Research in Rostock, Germany.
  • Many working mothers find themselves quickly pushed into poorly paid “mini” jobs — perhaps 17 hours a week for about $600 a month. More than four million working women in Germany, about a quarter of the female work force, hold such jobs.
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  • some executives believe Germany should change its immigration laws and accept foreign credentials
    • Gene Ellis
      Gene Ellis on 18 Feb 15
       
      Note well:  Germany does not now accept foreign credentials??
  • The share of people ages 55 to 64 in the work force had risen to 61.5 percent in 2012, from 38.9 percent in 2002.
  • A recent study found that more than half the Greeks and Spaniards who came to Germany left within a year
Gene Ellis

Business and government: The new age of crony capitalism | The Economist - 1 views

www.economist.com/...ent-years-crony-capitalism-may

shared by Gene Ellis on 25 Apr 14 - No Cached
  • Rent-seeking” is what economists call a special type of money-making: the sort made possible by political connections. This can range from outright graft to a lack of competition, poor regulation and the transfer of public assets to firms at bargain prices. Well-placed people have made their fortunes this way ever since rulers had enough power to issue profitable licences, permits and contracts to their cronies.
  • Capitalism based on rent-seeking is not just unfair, but also bad for long-term growth.
  • It identifies sectors which are particularly dependent on government—such as mining, oil and gas, banking and casinos—
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  • Second, the financial incentives for businesses may be changing. The share of billionaire wealth from rent-rich industries in emerging markets is now falling, from a peak of 76% in 2008 to 58% today. This is partly a natural progression.
  • In China today the big money is made from the internet, not building heavy industrial plants with subsidised loans on land secured through party connections.
Gene Ellis

Squash Seeds Show Andean Cultivation Is 10,000 Years Old, Twice as Old as Thought - New... - 0 views

www.nytimes.com/...29squash.html

Science Archaeology

shared by Gene Ellis on 19 Feb 15 - Cached
  • Seeds of domesticated squash found by scientists on the western slopes of the Andes in northern Peru are almost 10,000 years old, about twice the age of previously discovered cultivated crops in the region, new, more precise dating techniques have revealed.
  • The excavations also yielded peanut hulls and cotton fibers — about 8,500 and 6,000 years old, respectively
  • Their research also turned up traces of other domesticated plants, including a grain, manioc and unidentified fruits, and stone hoes, furrowed garden plots and small-scale irrigation canals from approximately the same period of time.
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  • The article also noted that 10,000-year-old cultivated squash seeds had recently been reported in Mexico, along with evidence of domesticated corn there by 9,000 years ago. Scholars now think that plants were domesticated independently in at least 10 “centers of origin,” including, in addition to the Middle East, Mexico and Peru, places in Africa, southern India, China and New Guinea.
  • In the Fertile Crescent of the Middle East, an arc from modern-day Israel through Syria and Turkey to Iraq, wheat and barley were domesticated by 10,000 years ago, and possibly rye by 13,000 years ago. Experts in ancient agriculture suspect that the transition from foraging to cultivation had started much earlier and was not as abrupt a transformation as indicated in the archaeological record.
  • The distribution of building structures, canals and furrowed fields, Dr. Dillehay said, indicated that the Andean culture was moving beyond cultivation limited to individual households toward an organized agricultural society.
Gene Ellis

Where Apple Products Are Born: A Rare Glimpse Inside Foxconn's Factory Gates | Re/code - 0 views

recode.net/...-inside-foxconns-factory-gates

shared by Gene Ellis on 07 Apr 15 - No Cached
  • Where Apple Products Are Born: A Rare Glimpse Inside Foxconn’s Factory Gates
  • The 1.4 mile-square Longhua complex, with its 140,000 employees, speaks to Shenzhen’s identity as a global manufacturing hub. The city, once a fishing village in the Pearl River Delta region, was designated as a special economic zone in 1980. Its population swelled from 30,000 to more than 10 million as rural workers migrated to the fast-growing city in search of opportunity.
  • Though Woo notes, by way of context, that 12 suicides per one million employees is lower than the U.S. suicide rate of 13 per 100,000
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  • It’s a nod to the average age of the Foxconn employee, which is 18 to 25
  • Woo said some 1.5 million students have completed their trade education at the school since 2007.
  • Foxconn has raised its base wage from a reported $153 a month to a starting salary of $306 for a 40-hour week — with pay increasing to $402 after a three-month probationary period.
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