The New World Disorder

The world’s bullies are throwing their weight around. But history isn’t on their side.

Our world is both safer and more dangerous. It is safer because the self-interest of the great powers is very much tied to the overall prosperity of the global economy, limiting their desire to rock the boat. But it is more dangerous because capitalist autocrats can grow much richer and therefore more powerful than their communist counterparts. And if economic rationality does not trump political passion (as has often been the case in the past), the whole system’s interdependence means that everyone will suffer.

We should also not let the speculations about an authoritarian resurgence distract us from a critical issue that will truly shape the next era in world politics: whether gains in economic productivity will keep up with global demand for such basic commodities as oil, food and water. If they do not, we will enter a much more zero-sum, Malthusian world in which one country’s gain will be another country’s loss. A peaceful, democratic global order will be much more difficult to achieve under these circumstances: Growth will depend more on raw power and accidents of geography than on good institutions. And rising global inflation suggests that we have already moved a good way toward such a world. They Can Only Go So Far – washingtonpost.com

Wanna Buy Me Love?

Marrying for love is a relatively recent phenomenon. For centuries, marriages were arranged affairs, aligning families for economic or political purposes or simply pooling the resources of those scraping by.

Today, while most of us marry for romantic reasons, marriage at its core is still a financial union. So much of what we want — or don’t want — out of life boils down to dollars and cents, whether it’s how hard we choose to work, how much we consume or how much we save. For some people, it’s working 80-hour weeks to finance a third home and country club membership; for others, it means cutting back on office hours to spend more time with the family.

“A lot of the debates people have about money are code for how we want to live our lives,” said Betsey Stevenson, assistant professor of business and public policy at the University of Pennsylvania’s Wharton School, who researches the economics of marriage and divorce. “A lot of the choices we make in how we want to live our lives involve how we spend our money.”

The Key to Wedded Bliss? Money Matters – NYTimes.com.

Who Buys What Around The World?

Interacative Map

If you live in Greece, Italy or Egypt, you’ll probably choose textiles over technology. Greeks spend almost 13 times more money on clothing as they do on electronics.

“Italians and other Europeans love fashion; the greatest designs in the world come from those regions,” said Todd D. Slater, a retail analyst for Lazard Capital Markets in New York.

If you live in Australia or Taiwan, you might be more tempted by a new laptop computer or flat-screen television. Australians spend only 1.4 times more cash on clothes than they do on consumer electronics. Click on the picture for a cool interactive map that shows their comparative wealth and spending on Consumer Goods around the world economy. Link to the original article below.

Metrics – Guccis or Gadgets? – NYTimes.com

Exotic Cars Turn Women On

Science Proves Exotic Cars Turn Women On | Autopia from Wired.com

The study was commissioned by the ultra-exclusive British insurer Hiscox (we swear we’re not making this up), which was curious to know how people respond to high-end luxury cars. “We knew owners of luxury cars felt a connection with the sound of their vehicles,” says Steve Langan, managing director of the insurance company. “We have now scientifically proven the physical attraction people feel when it comes to cars.”

To test the theory that high-performance cars get people hot, Moxon had 40 men and women listen to recordings of the three Italian exotics and a Volkswagen Polo. Everyone had significantly more testosterone after hearing the exotics, and all of the women were turned on by the Maserati. The guys, on the other hand, were drawn to the Lamborghini.Click on the wired.com link to see & hear the cars. Click on the picture below to read about the world’s most expensive car the Maserati One-77

How Restaurants Cook the Books

With Software, Till Tampering Is Hard to Find – NYTimes.com
Thanks to a software program called a zapper, even technologically illiterate restaurant and store owners can siphon cash from computer cash registers and cheat tax officials.

One of the first reported zapper cases in the United States was Stew Leonard’s dairy, whose owner was convicted in 1993 of skimming $17 million over 10 years. The theft was uncovered after Mr. Leonard tried to board a plane to St. Martin with an unreported $50,000.

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