I am not satisfied because I am becoming a free marketaholic, but because of the three issues I have received, two of them have special reports are smack bang on topics I like. The first being directly related to my thesis on food prices and energy markets (one such market failure) and the other about a place I am fond of
Tuesday, 29 April 2008
A great buy
I am not satisfied because I am becoming a free marketaholic, but because of the three issues I have received, two of them have special reports are smack bang on topics I like. The first being directly related to my thesis on food prices and energy markets (one such market failure) and the other about a place I am fond of
Thursday, 24 April 2008
Oh man! It's Oman
With this information I was curious to find out more about
An Omani student group held a day to promote
I tried Omani coffee and a snack at the next tent. Both had rose flavours in them and the snack had an unusual texture which might have been ground almonds. The last tent contained traditional artefacts used in everyday life? I really liked the swords. I actually forget what they were made of, yet I do remember that it wasn’t steel. There were many different varieties, all of them ornamental.
I finished the day off by watching a video showing how the money from oil was helping
Tuesday, 22 April 2008
Money well spent?
When big sums of money are involved there is the possibility of corruption. I was impressed about the moral stand of an employee of an international organisation who came out to criticise that organisation on its role in corruption. By the end of the article I was saddened to learn that her brave moral stance resulted badly for her.
Then there is the question that having large sums of money, requires spending large amounts of money to ensure that you get large sums of money next year in your budget. So, there is some waste as agencies try to assist the less fortunate to better their lives. Being the year of the potato lots of money is being used in helping farmers with better techniques of potato farming or something like that. However, thinking about the cost to develop, I didn’t understand the point of the potato world.
I went back to the books reading about price formation and value then light finally penetrated dense wood.
The assurance that consumers want and will pay for many be over something as trifling as the crispness of a French fry. You might say, “Fries are fries.” This would merely show that you do not have it in you to be a burger mogul. In the 1950s, Ray Kroc, the founder of McDonald’s, was obsessed with them. “The French fry would almost become sacrosanct for me,” he said later, “its preparation a ritual to be followed religiously”. He sent employees with hydrometers into farmers’ fields, rejecting potatoes lacking the optimal water content. He devised a way of curing the potatoes to convert natural sugars into starch. He developed the “potato computer” to calibrate the cooking time for a batch of fries. Kroc found his firm’s competitive edge in the uniformity of his fries – the reliably precise combination of starch and grease. In
And that leaves me to another thought that is hanging around in my mind; does McDonald’s (or any other fast food franchise) really taste the same in
Friday, 18 April 2008
Over consumption
I have also noticed that a lot of the TV shows on the box at the moment are identical too. The CSI’s are all the same, as too are all these reality shows, etc. It got so bad that I haven’t watched much TV this week for fear of becoming boring as the shows. Yet, when I am out I hear people talk about how great the shows/ new songs are.
I thought first that I am getting too old, yet still can’t find any grey hairs. Then I thought by living overseas, my tastes had refined. No, that’s not true either. I also noticed that I was not affected by the evolution of what is mainstream while overseas, which means coming back and listening/ watching entertainment I have a new perspective, one that is possible to attach value by making accurate snap decisions.
And this brings up another point. When the entertainment firms do their market research why do they choose things that are the same and many good things go amiss. When I was in Uni in
According to economic theory, the reason for this is not to take chances. The trade off the promoter (or venue owner/ publishing company etc) faces is either mass appeal or fringe. This I think leads to a lack of new quality entertainment. And to generate the mass appeal we, the people, need to have our tastes modified by ceaseless advertising and hype so we know what to like. With the release of Grand Theft Auto 4 approaching, I can not help notice that the games shop that I pass everyday has the walls plastered up with advertising, and today they had a big poster telling everyone that exactly midnight of the day it is released the shop will open to sell the game.
I think since I have returned to Australia, this constant consumerism driven by advertising has finally worn me down, and I actually feel that in general this is bad for people’s well being as it creates unnecessary stress. I feel it takes people out of enjoying the little moments that make a life. I must confess that I do long for a simple advertising free world.
Random advertising outside the mainstream thinking
Post Thought Clarification
Monday, 14 April 2008
English editors needed
The other thing that I have noticed, coming out of my studies, is that of food prices. Now this also affects the An Giang fish industry and I compeletly omitted it in my final report.
Well, since studying is not going as good as hoped at the moment maybe I should just become an editor as I am sure that I can help some people out somewhere .