Published on 21 Jan 2016
The Russians try to take Czernowitz, the Capital of Austrian Bukovina but thousands upon thousands of Russians were killed in action. While in Montenegro, Austro-Hungarian troops under commander in chief Franz Conrad von Hotzendorf take control of the Balkan state of Montenegro. A relief force led by Lieutenant-General Fenton Aylmer had to return to base after a big loss against the Turks, while in South Cameroon, so the Germans retire into Spanish territory.
January 22, 2016
The Fight for Montenegro & The Disaster Of Kut I THE GREAT WAR Week 78
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Top 10 Onion parodies on higher education
Yeah, I know it’s a bit late in the year to still be publishing lame “top ten” roundups, but these are pretty funny:
1. Sex partner must say ‘yes’ every 10 minutes or it’s rape, 10th graders taught in California
2. Princeton student say he’s victim of microaggression over way he says ‘Cool Whip’
3. Study urges people to accept those who ‘identify as real vampires’
4. Professor: Harry Potter Helped Obama Get Elected
5. All-You-Can-Eat Taco Bars Deemed Offensive, Face Campus Extinction
6. Harvard Students Celebrate ‘Incest-Fest’ (tied with: Harvard University workshop to teach students how to have anal sex
7. Professors: Motorists more likely to run over black people than white people
8. Professor’s Book Hails ‘Apostle Barack,’ Compares Him to Jesus
9. University axes homecoming ‘king’ and ‘queen,’ replaces it with gender-neutral ‘royals’
10. Sexuality courses: Black dildos are proof of racism against African Americans
Update: Oh, wait. Sorry. These aren’t actually headlines from the satirical website The Onion. They’re all real headlines. My mistake.
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QotD: Non-monetary incentives
… the free market flourishes when everyone, most of the time, refrains from taking advantage of each other’s vulnerability.
Many people, especially college professors, are surprised by how much honesty, reciprocity, and trust exist among those who engage in business. The biggest, most successful corporations in the world, such as Google and Apple, are renown[ed] for how much they trust their employees and how much independence they give them. (There are much smaller companies that do so, too.) A very successful entrepreneur I know told me recently that the key to running a large, profitable business is to treat your employees, suppliers, and customers with respect and like responsible people. It’s just not possible always to be looking over someone’s shoulder.
When you trust people to reciprocate that trust, you’re taking a chance that they may take advantage of you. Such pessimism, however, means your relationships with other people — your suppliers, employees, and customers — will never have a chance to flourish. That’s why it goes against your long-term interests to hunker down and never leave yourself vulnerable to opportunistic behavior.
The incentive to treat people right by following norms of honesty and fair play is non-monetary, but it can make your business prosper. It seems that the best business owners aren’t driven primarily by profit-seeking, although they probably wouldn’t do what they’re doing without earning that profit. No, the incentives they follow often have more to do with knowing that they’ve done things the right way and so deserve all that they’ve earned. (Which is why they can get very upset when a politician says, “If you’ve got a business, you didn’t build that.”) That knowledge is something all the money in the world can’t buy.
Sandy Ikeda, “Incentives 101: Why good intentions fail and passing a law still won’t get it done”, The Freeman, 2014-11-13.
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