Similar Posts
USA Factories Climb More Than Forecast
Things are looking up for USA factories, and the nation’s manufacturing industry as a whole. Casually exceeding expectations, a larger-than-anticipated number of orders placed for computers and machinery specifically across the USA recently indicates that business may finally be loosening their purse strings post the 2008 financial crisis. Exports to emerging economies like China, investing…
The Paradox of Efficiency
The world has become obsessed with making things more efficient, better faster, smaller, cheaper. Has our never ending quest for more and more efficiency actually had an adverse effect on us all? This fascinating talk by historian Edward Tenner unpacks the many promises and dangers that arise in our quest for efficiency and provides seven…
Changing a Continuous Improvement Initiative into a Global Program
The “laws of nature” are absolute. When we discover a contradiction to a supposed law of nature, it is not nature that is wrong, but our understanding and definition. Once, it was believed that the Earth was the center of the solar system, supported in our understanding of the science at the time – and…
Some Famously Efficient Japanese Manufacturers Are Now Lying to Compete
Bloomberg means that Kobe Steel’s scandal over fake quality data is just the latest example of how some competition-pressed Japanese manufacturers are bending the “rules”, and of how desperate these companies have become to stay ahead of Chinese and other foreign competitors. As a fact, an increasing number of companies in China, South Korea, and elsewhere have…
Time to pay the piper
The Economist suggests that America’s economic difficulties are mostly political. In fact, this article goes as far as saying that American capitalism is as spirited as ever. Who would have thought that the latest boom would be in an old, declining industry like oil and gas? Indeed, after the 2007-2008 recession, the American economy is slowly…
Why people believe weird things
Skeptic Michael Shermer debunks myths, superstitions and urban legends — and explains why we believe them. Along with publishing Skeptic Magazine, he’s author of Why People Believe Weird Things and The Mind of the Market. In this fascinating TED talk, he poses the thought-provoking question of why people see the Virgin Mary on a cheese sandwich or…