I know that most of you out there probably don't give a flying fuck about food prices and poor people, but for the few that do, here's an interesting take on food subsidies.
Subsidizing food prices for the poor may actually damage their nutrition intake.
Why is that?
An extremely simplified explanation of a complex problem:
This is because the poor usually spend most of their money on the basic foods; bread or rice, especially after food prices go up. But once you decrease the price of those basic foods, the poor consumers then divert the money they have saved into buying other types of tastier, but less nutritious foods.
Enjoyment goes before health, I suppose.
Those that want a much more professional and clear explanation can go here:
Freakonomics
-p.
Wednesday, May 7, 2008
Tuesday, April 22, 2008
Celebrating Your Failures
Lessons from Bessemer Venture Partners
For a few, (and very rare) group of people, it is just as important to celebrate their failures alongside their successes. I think that's a smart way to go about things.
think about it:
- your successes are awesome; you can get drunk on it and fill yourself with elation every time you think about it. but deep down you wonder if you can do it again. hence 1-hit-wonders.
- your failures leave a bitter taste every time you think about it. but if you have the courage (and wisdom, as well as the masochistic desire) to view them as reminders and hints as how you can be better in the future, you continue to grow and succeed in the future, to make up for the missed opportunities in the past.
but then of course, too much of either side is somewhat unhealthy. take your pick.
For a few, (and very rare) group of people, it is just as important to celebrate their failures alongside their successes. I think that's a smart way to go about things.
think about it:
- your successes are awesome; you can get drunk on it and fill yourself with elation every time you think about it. but deep down you wonder if you can do it again. hence 1-hit-wonders.
- your failures leave a bitter taste every time you think about it. but if you have the courage (and wisdom, as well as the masochistic desire) to view them as reminders and hints as how you can be better in the future, you continue to grow and succeed in the future, to make up for the missed opportunities in the past.
but then of course, too much of either side is somewhat unhealthy. take your pick.
Tuesday, March 18, 2008
on the outside, looking in
i work in central Bangkok.
and on the way out of the office one evening, i walked past one of the premium department stores holding a party for some hi-so event, with a tower of london, and fancy tents with fancy people.
and standing beyond the steel fences were the bangkokian commuters waiting for their buses, looking in. i think it's a nice way of showing the clear divide between the affluent and the common.
or are we all just amusing ourselves by watching the rich playing with their toys?
it's an interesting proposition.
-p.
restart and rewind (perhaps)
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