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Pins and Labour

That the new 20 pound note would feature Adam Smith is old news. What I hadn’t known is that his pin-manufacturing ‘case study’ would be immortalized on banknotes as well:

New Twenty Pound Note - Adam Smith

1 Comment

13 March 2007 5:39 pm

Prahalad v Karnani re Fair and Lovely

Aneel Karnani and CK Prahalad lock horns on whether hawking Fair and Lovely cream to India’s poor constitutes socially responsible selling (argument, counter-argument, counter-counter-argument) (via Salon).

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22 February 2007 7:16 pm

Quick Bits: Concrete, Bollywood, Piercings

2 Comments

10 November 2006 12:46 am

The Digital Bourgeoisie

Instapundit talks about how easily accessible bits are changing the fundamentals of several industries, and finds the creeping hand of Karl Marx. For example in computer software

the first indication came when the falling price of computers crossed the point where the average programmer could afford to own a computer capable of producing the code from which he typically earned his living. This meant that, for the first time since