Everyone is more than likely aware of the phrase, worth its weight in gold, but the determination of value based on a per unit measurement isn’t always a simple task.
Here is a collection of things that represents a wide range of monetary value per unit of weight.
The linguistics professor, Peter K Austin reports:
Each language expresses the history, culture, society and identity of the people who speak it, and each is a unique way of talking about the world. The loss of any language is a loss to both the community who use it in their daily lives, and to humankind in general. The songs, stories, words, expressions and grammatical structures of languages developed over countless generations are part of the intangible heritage of all humanity.
Nobel Winner Orhan Pamuk will release his new novel, The Museum of Innocence, this week, as it will appear in Germann at Frankfurt’s book fair August 29, marking the first time a Turkish writer has published simultaneously in a foreign language
The Museum of Innocence, a new book by Nobel Prize-winning novelist Orhan Pamuk, will be published in more than 30 languages after its release in Turkey this week.
The entire release is here
Innovation is the new buzzword for the so-called value-added economy: Wealth is now created primarily through intellectual capital, not natural resources. Japan and Microsoft taught us that we don’t need coal and wood and mounds of potash: We need smarts.
Our view of the societal importance of art has shifted over the last half century.
Here you can read the entire article.
Publisher and co-creator of Aflame Books, Richard Bartlett opens doors to writers who write in their native languages. Originally South African, Richard speaks, reads, and translates from Portuguese to Afrikaans. Publishing books in translation is considered a niche market and earlier this year Aflame published, Taxi by Khaled Al Khamissi, which proved to be a international bestseller.
Peter Pišt’anek delivers a post-communist portrait of a still unified Czechoslovakia through country bumpkin protagonist, Rácz.
Rivers of Babylon is a dark sort of satire, with a slightly bitter taste to most of it, but it is satire, and enjoyably amusing at that. Parts are exaggerated — so also the desperation everyone shows when there’s no heat — and there’s some jarring brutality, but it all fits with Rácz’s rise from country bumpkin to nouveau-riche magnate, as he stomps his way to the top without ever becoming more refined. It’s a wry picture of the new eastern Europe, often too close for comfort even in its absurder twists, and it’s an entertaining read.
Read the entire review here
An interview with Peter Pišt’anek, and the 1998 Rivers of Babylon film trailer here.
Tyler Cowen’s article: “Finding the Mess Behind the Mess.”
The thinking went something like this: As long as your home’s value rose every year, you didn’t have to set aside so much from your paycheck. If your stocks went up, too, so much the better; don’t forget that the Dow Jones industrial average stood in the 800 range in 1982 and seemed to rise almost nonstop for many years.
Counterproductive measures include: a) further attempts with a fiscal stimulus package–i.e. tax-rebates b) excessive banking regulation–as not to offset the delicate balance of bank lending, savings, and investment. c) Overreaction of past banking mistakes.
