Quotulatiousness

August 27, 2012

Lego is 80 years old

Filed under: Business, Europe, History — Tags: , , , — Nicholas @ 10:28

In The Register, Brid-Aine Parnell on the 80th birthday of one of the iconic toys of the 20th century:

Way back in 1932, Ole Kirk Kristiansen, a Danish joiner and carpenter, found he wasn’t making enough money from carpentry anymore and decided to try making and selling wooden toys instead. Although he didn’t know it yet, he was on his way to building the Lego company, which would eventually have some of the most recognisable and long-lasting toys in the world: bricks and yellow minifigurines.

[. . .]

According to that research, girls aren’t into Lego. Poul Schou, senior vice president of product group 2, told The Register that Lego was for boys, not girls, because although both sexes loved the larger preschool bricks of Duplo once the girls hit five, they weren’t interested in construction anymore.

“We have seen that girls seem to be less interested in continuing with our products when they get to four or five years old so we don’t really get them into the Lego system,” he said.

Here at Vulture Central, that seemed really odd. Not only did everyone in the office, regardless of gender, remember playing with and loving Lego throughout their childhood, for the most part, their kids, both boys and girls, love it as well.

[. . .]

Schou said that the company got “a lot of feedback from boys and girls”. The kids are encouraged to go online to talk about the products they buy and what age they are, and the boxes often include incentives to answer Lego survey questions as well.

Of course if girls aren’t buying Lego stuff, they won’t be answering any questions, which would be a kind of answer in itself (although whether the answer would be “Girls don’t like Lego” or “Girls don’t like surveys” would be hard to figure out).

Restarting the age of space

Filed under: Media, Space, Technology — Tags: , , , , , — Nicholas @ 09:24

sp!ked reposted an older article by James Woudhuysen on the long-term importance of space exploration and the stay-at-home attitudes that oppose further development of the “final frontier”:

One thing unites the critics of lunar exploration. Forty years after man first landed on the moon — on 20 July 1969 — they share a disdain for the grandeur of extra-terrestrial endeavour; for the scale of human ambition involved; for the very idea that human beings should climb into space, as up a mountain, ‘because it is there’.

I have no special preference for size, thrust during lift-off, or the traverse across vast distances. The development of the integrated circuit in the late 1950s, so important to the Apollo programme, was a tribute to miniaturisation rather than to high energy or physical scale. No, my admiration for both Saturn boosters and tiny electronics grows from a respect for open-ended curiosity, for human achievement, and for taking risks. With space travel, a lot of bravery was also at stake. And with both space and the development of semiconductors, there is much teamwork to celebrate — teamwork that, in the case of Apollo, involved not just three astronauts, but the efforts of hundreds of thousands of people.

[. . .]

(more…)

Finland and the dangers of being a company town

Filed under: Business, Economics, Europe — Tags: , , , , , — Nicholas @ 09:09

I had no idea that Finland’s economy was so tightly tied to the fortunes of Nokia:

Nokia contributed a quarter of Finnish growth from 1998 to 2007, according to figures from the Research Institute of the Finnish Economy (ETLA). Over the same period, the mobile-phone manufacturer’s spending on research and development made up 30% of the country’s total, and it generated nearly a fifth of Finland’s exports. In the decade to 2007, Nokia was sometimes paying as much as 23% of all Finnish corporation tax. No wonder that a decline in its fortunes — Nokia’s share price has fallen by 90% since 2007, thanks partly to Apple’s ascent — has clouded Finland’s outlook.

[. . .]

Strip these sorts of firms from the list and only one resembles Nokia: Taiwan’s Hon Hai, an electronics manufacturer. Yet Nokia made 27% of Finnish patent applications last year; the corresponding figure for Hon Hai was 8%. Although numbers are falling, Finland is home to the greatest number of Nokia employees; Hon Hai’s staff is mostly in China. It is a similar story with other firms. Sales of Nestlé, a consumer-goods company, weigh in at 15% of Swiss GDP but its share of Swiss jobs is punier than Nokia’s in Finland. Samsung, whose revenues are twice Nokia’s, has half its clout as a share of GDP: South Korea’s economy is more diversified. The importance of Nokia to Finland looks like a one-off.

US presidential election: one from column A or one from column B

Filed under: Media, Politics, USA — Tags: , , — Nicholas @ 09:00

Jesse Kline explains the lack of excitement among independent voters (those not formally registered as Democrats or Republicans) — they really aren’t being offered much of a choice between the top two candidates:

It would, of course, be unfair to blame Obama for a mess that has been created over decades by both political parties. Ronald Reagan and George W. Bush presided over massive spending increases; Clinton and Bush II also increased regulation; while Congress has substantially increased the of new laws it passes on an annual basis since the early 1980s.

But Obama’s record in his first term is still dismal. For all his talk about creating jobs and improving the economy, Obama’s policies have only served to increase the cost of doing business and divert money from productive sectors of the economy to increase government spending. The only question is whether the Republicans can fix the fiscal mess they helped create.

To his credit, Mitt Romney has at least been talking about the regulatory burden the American economy faces. Paul Ryan is, likewise, one of the few politicians talking about entitlement reform.

But Romney has explicitly stated he will not use the Ryan budget as a template for his own economic policies — which he has left incredibly vague. And even the Ryan budget does little to cut real spending in the short term, partially because it does not cut military spending, which is arguably as big an issue as entitlement spending.

Not only are policy makers stuck in a catch-22 over how to prevent the economy from falling back into recession while staving off a looming debt crisis, the American people are also facing a similar conundrum in choosing the next president: Neither party has a track record to suggest it is willing and able to address the country’s serious economic issues, and neither is willing to work co-operatively in a political environment that is entrenched along partisan and ideological lines.

In spite of the way the term is hurled around, the common accusation of “racism” for anyone who doesn’t support Barack Obama has a slight kernel of truth about it: on the policy side, Obama and Romney are not very far apart at all. The two men are much more similar than different … except for race.

Central planning is always attractive to the ones who see themselves in charge

Filed under: Bureaucracy, Economics, Government — Tags: , — Nicholas @ 00:01

At the Why Nations Fail blog, Daron Acemoglu and James Robinson explain that central planning is not just a Marxist idea:

Essentially central planning is not about the efficient allocation of economic resources, it is about control.

Central planning maximizes the extent of control that the state, and the people running the state, exercise. The desire to control others is a constant in history and is part and parcel of the construction of states. If the state can grab all the land and resources and control who and on what terms people get access to them, then this maximizes control, even if it sacrifices economic efficiency.

This sort of economic and political control — not Marxist ideology — is what central planning is all about. This is not to deny that Marxist ideology supported and legitimized central planning in several 20th-century societies. But it is to emphasize that the emergence and persistence of central planning is often a solution to the central economic and political problem of many elites: to control and extract resources from society.

The people who push for central planning may say they’re trying to solve a problem, but the problem they say they’re trying to solve is just an excuse. They really just want to gain control over you.

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