February 2013 – artdiamondblog.com

Greek Government Buries Olive Oil Entrepreneur in Red Tape

“Fotis Antonopoulos’s struggles to start OliveShop.com have made him a reluctant emblem of thwarted Greek entrepreneurship.” Source of caption and photo: online version of the NYT article quoted and cited below.

Vassilis Korkidis, who is quoted below, is (p. A3) “the president of the National Confederation of Hellenic Commerce, a trade association in Athens.”

(p. A1) ATHENS — It was about a year ago that Fotis I. Antonopoulos, a successful Web program designer here, decided he wanted to open an e-business selling olive products.

Luckily, he already had a day job.
It took him 10 months — crisscrossing the city to collect dozens of forms and stamps of approval, including proof that he was up to date on his pension contributions — before he could get started. But even that was not enough. In perhaps the strangest twist of all, his board members were required by the Health Department to submit lung X-rays — and stool samples — since this was a food company.
. . .
With Greece’s economy entering its fourth year of recession, its entrepreneurs are eager to reverse a frightening tide. Last year, at least 68,000 small and medium-size businesses closed in Greece; nearly 135,000 jobs associated with them vanished. Predictions for 2012 are also bleak.
But despite the government’s repeated promises to improve things, the climate for doing business here remains abysmal. In a recent report titled “Greece 10 Years Ahead,” McKinsey & Company described Greece’s economy as “chronically suffering from unfavorable conditions for business.” Start-ups faced immense amounts of red tape, complex administrative and tax systems and procedural disincentives, it said.
. . .
(p. A3) Part of Mr. Antonopoulos’s problem, Mr. Korkidis ventured, was his unwillingness to pay what is routinely referred to here as the “speed tax” — bribes to move things along.
Nor is Mr. Korkidis much of a fan of recent government efforts to improve things. He pointed to a pamphlet produced by the Ministry of Development, which explained a new “one-stop shop” program for new businesses.
“This doesn’t work,” he said. “You have to collect 10 papers first — and then it is one-stop shopping. Ridiculous.”
At 36, Mr. Antonopoulos is an aging computer whiz kid with long hair and an easy smile.
. . .
The worst moment, he said, was when representatives from two agencies came to inspect the shop and disagreed about the legality of a circular staircase. They walked out telling him that he “would have to figure it out.”
“At that point, we actually thought about just going to the U.K. with this,” he said. “One of the inspectors knew about new legislation. The other didn’t. And they just refused to come up with a solution.”
At one point, the company got a huge order from Denmark, he said. But the paperwork for what amounted to a wholesale transaction was so onerous that they decided not to even try to fill the order.

For the full story, see:
SUZANNE DALEY. “A Tale of Greek Enterprise and Olive Oil, Smothered in Red Tape.” The New York Times (Mon., March 19, 2012): A1 & A3.
(Note: ellipses added.)
(Note: the online version of the story has the date March 18, 2012.)

Steve Jobs’ “Nasty Edge” Helped Him Create an Apple “Crammed with A Players”

(p. 565) . . . I think . . . [Jobs] actually could have controlled himself, if he had wanted. When he hurt people, it was not because he was lacking in emotional awareness. Quite the contrary: He could size people up, understand their inner thoughts, and know how to relate to them, cajole them, or hurt them at will.
The nasty edge to his personality was not necessary. It hindered him more than it helped him. But it did, at times, serve a purpose. Polite and velvety leaders, who take care to avoid bruising others, are generally not as effective at forcing change. Dozens of the colleagues whom Jobs most abused ended their litany of horror stories by saying that he got them to do things they never dreamed possible. And he created a corporation crammed with A players.

Source:
Isaacson, Walter. Steve Jobs. New York: Simon & Schuster, 2011.
(Note: ellipses and bracketed “Jobs” added.)

Yang Documents How Mao Starved the Proletariat

Source of book image: http://img1.imagesbn.com/p/9780374277932_p0_v1_s260x420.JPG

(p. C12) Yang Jisheng’s “Tombstone: The Great Chinese Famine, 1958-1962” exemplifies E.H. Carr’s famous dictum: “Study the historian before you study the facts.” Mr. Yang is not the first historian to exhume the darkest crime of the political party that still rules China but the first Chinese journalist and longtime Party member to do so. He uses the Party’s own historical records and the perpetrators’ own words to craft his devastatingly detailed indictment.

For the full review essay, see:
Sylvia Nasar (author of passage quoted above, one of 50 contributors to whole article). “Twelve Months of Reading; We asked 50 of our friends to tell us what books they enjoyed in 2012–from Judd Apatow’s big plans to Bruce Wagner’s addictions. See pages C10 and C11 for the Journal’s own Top Ten lists.” The Wall Street Journal (Sat., December 15, 2012): passim (Nasar’s contribution is on p. C12).
(Note: the online version of the review essay has the date December 14, 2012.)

The book under review, is:
Yang, Jisheng. Tombstone: The Great Chinese Famine, 1958-1962. New York: Farrar, Straus and Giroux, 2012.

Green Threats to Restrict Coal Creates Incentive to Extract More Coal Now

(Wang, p. 1146) The last chapter of the book advances the supply-side analysis and presents the “Green Paradox,” that “(t)he mere announcement of intentions to fight global warming made the world warm even faster” ([Sinn, p. ] 189). The key insight is that demand-reduction measures affect carbon supply through pressure on future prices. Since the existing “green” policies almost always involve increasing stringency and widening coverage over time, the increasing downward price pressure therefore induces resource owners to expedite extraction and thereby exacerbates the climate problem.

For the full review, see:
Wang, Tao. “The Green Paradox: A Supply-Side Approach to Global Warming.” Journal of Economic Literature 50, no. 4 (Dec. 2012): 1145-46.
(Note: bracketed information added.)

The book under review is:
Sinn, Hans-Werner. The Green Paradox: A Supply-Side Approach to Global Warming. Cambridge and London: MIT Press, 2012.

Entrepreneur Mackey Says Whole Foods Drops Prices as Larger Size Creates Economies of Scale

“John Mackey.” Source of caption and photo: online version of the NYT article quoted and cited below.

(p. 16) In your new book, “Conscious Capitalism,” you write that Whole Foods sees its customers as its “most important stakeholders” and that the company is obsessed with their happiness. The biggest complaint I hear about Whole Foods is how expensive it is. Why not drop prices to make your customers happier?
People always complain about prices being too high. Whole Foods prices have dropped every year as we get to be larger and we have economies of scale. Also, people are not historically well informed about food prices. We’re only spending about 7 percent of our disposable personal income on food. Fifty years ago, it was nearly 16 percent.
. . .
In 2009, some Whole Foods customers organized boycotts after you wrote an op-ed in The Wall Street Journal expressing opposition to Obama’s health care proposals. Do you wish you hadn’t written it?
No, I don’t. I regret that a lot of people didn’t actually read it and it got taken out of context. President Obama asked for ideas about health care reform, and I put my ideas out there. Whole Foods has a good health care plan. It’s not a solution to America’s health care problems, but it’s part of the solution.
So did you vote for Romney?
I did.
I imagine a certain percentage of Whole Foods customers will also boycott because of this.
I don’t know what to say except that I’m a capitalist, first. There are many things I don’t like about Romney, but more things I don’t like about Obama. This is America, and people disagree on things.

For the full interview, see:
Andrew Goldman, Interviewer. “TALK; The Kale King.” The New York Times Magazine (Sun., January 20, 2013): 16.
(Note: ellipsis added; bold in original, indicating interviewer questions.)
(Note: the online version of the interview has the date January 18, 2013, and has the title “TALK; John Mackey, the Kale King.”)

Mackey’s book is:
Mackey, John, and Rajendra Sisodia. Conscious Capitalism: Liberating the Heroic Spirit of Business. Boston, MA: Harvard Business Review Press, 2013.

Admiring Jobs’ New Products, Gates Wistfully Wondered If “Maybe I Should Have Stayed in That Game”

(p. 553) Bill Gates had never lost his fascination with Jobs. In the spring of 2011 I was at a dinner with him in Washington, where he had come to discuss his foundation’s global health endeavors. He expressed amazement at the success of the iPad and how Jobs, even while sick, was focusing on ways to improve it. “Here I am, merely saving the world from malaria and that sort of thing, and Steve is still coming up with amazing new products,” he said wistfully. “Maybe I should have stayed in that game.” He smiled to make sure that I knew he was joking, or at least half joking.

Source:
Isaacson, Walter. Steve Jobs. New York: Simon & Schuster, 2011.

Darwin Shared His Thought Processes Without Condescension

“SAGE OF AGES; Portrait of Charles Darwin in 1881, by Julia Margaret Cameron.” Source of caption and photo: online version of the WSJ article quoted and cited below.

(p. C14) . . . Mr. Johnson observes:

No scientific innovator has ever taken more trouble to smooth the way for lay readers without descending into vulgarity. What is almost miraculous about the book is Darwin’s generosity in sharing his thought processes, his lack of condescension. There is no talking down, but no hauteur, either. It is a gentlemanly book.

In both style and substance, this passage is classic Paul Johnson.
. . .
What makes Darwin good, in the biographer’s estimation, is the scientist’s democratic dissemination of knowledge. Darwin triumphed with “The Origin of Species,” Mr. Johnson contends, not only because of his ability to portray the theory of evolution as the inescapable outcome of his decades of study and the work of fellow scientists, whom he was careful to praise, but because he was acutely aware that he had to present his notions of natural selection and survival of the fittest so as not to stir up public controversy. To an extraordinary degree, Darwin deflected attacks by couching his discoveries in terms of the plants he liked to examine and cultivate. He had relatively little to say about human evolution.

For the full review, see:
CARL ROLLYSON. “Studies of the Moral Animal.” The Wall Street Journal (Sat., December 15, 2012): C14.
(Note: ellipses added.)
(Note: the online version of the review essay has the date December 14, 2012.)

The book under review is:
Johnson, Paul M. Darwin: Portrait of a Genius. New York: Viking Adult, 2012.

Fossil Fuels Are Making the Planet Greener

(p. C4) The latest and most detailed satellite data, which is yet to be published but was summarized in an online lecture last July by Ranga Myneni of Boston University, confirms that the greening of the Earth has now been going on for 30 years. Between 1982 and 2011, 20.5% of the world’s vegetated area got greener, while just 3% grew browner; the rest showed no change.

What explains this trend? Man-made nitrogen fertilizer causes crops to grow faster, but it is having little effect on forests. There are essentially two possibilities: climate and carbon dioxide itself. Warmer, wetter weather should cause more vegetation to grow. But even without warming, an increase in carbon dioxide should itself accelerate growth rates of plants. CO2 is a scarce resource that plants have trouble scavenging from the air, and plants grow faster with higher levels of CO2 to inhale.
Dr. Myneni reckons that it is now possible to distinguish between these two effects in the satellite data, and he concludes that 50% is due to “relaxation of climate constraints,” i.e., warming or rainfall, and roughly 50% is due to carbon dioxide fertilization itself. In practice, the two interact. A series of experiments has found that plants tolerate heat better when CO2 levels are higher.
The inescapable if unfashionable conclusion is that the human use of fossil fuels has been causing the greening of the planet in three separate ways: first, by displacing firewood as a fuel; second, by warming the climate; and third, by raising carbon dioxide levels, which raise plant growth rates.

For the full commentary, see:
MATT RIDLEY. “MIND & MATTER; “How Fossil Fuels Have Greened the Planet.” The Wall Street Journal (Sat., January 5, 2013): C4.
(Note: the online version of the commentary has the date January 4, 2013.)

Entrepreneur Kurzweil Says If He Gets Cancer, He Will Invent a Cure

“Ray Kurzweil.” Source of caption and photo: online version of the NYT article quoted and cited below.

(p. 12) As a futurist, you are famous for making predictions of when technological innovations will actually occur. Are you willing to predict the year you will die?
My plan is to stick around. We’ll get to a point about 15 years from now where we’re adding more than a year every year to your life expectancy.

To clarify, you’re predicting your immortality.
The problem is I can’t get on the phone with you in the future and say, “Well, I’ve done it, I have lived forever,” because it’s never forever.
. . .
You’ve said that if you woke up one day with a terminal disease, you’d be forced to invent a cure. Were you being serious?
I absolutely would try. I’m working now on a cancer project with some scientists at M.I.T., and if I develop cancer, I do have some ideas of what I would do.
I imagine a lot of people would hear that and say, Ray, if you think you’re capable of curing yourself, why don’t you go ahead and start curing others?
Well, I mean, I do have to pick my priorities. Nobody can do everything. What we spend our time on is probably the most important decision we make. I don’t know if you’re aware, but I’m joining Google as director of engineering.

For the full interview, see:
Andrew Goldman, Interviewer. “TALK; The Life Robotic; The Futurist Ray Kurzweil Says We’re Going to Live Forever. Really.” The New York Times Magazine (Sun., January 27, 2013): 12.
(Note: ellipsis added; bold in original, indicating interviewer questions.)
(Note: the online version of the interview has the date January 25, 2013, and has the title “TALK; Ray Kurzweil Says We’re Going to Live Forever.”)

Steve Jobs Advised Obama to Reduce Regulations of Business and Union Power in Education

(p. 544) The meeting . . . lasted forty-five minutes, and Jobs did not hold back. “You’re headed for a one-term presidency,” Jobs told Obama at the outset. To prevent that, he said, the administration needed to be a lot more business-friendly. He described how easy it was to build a factory in China, and said that it was almost impossible to do so these days in America, largely because of regulations and unnecessary costs.
Jobs also attacked America’s education system, saying that it was hopelessly antiquated and crippled by union work rules. Until the teachers’ unions were broken, there was almost no hope for education reform. Teachers should be treated as professionals, he said, not as industrial assembly-line workers. Principals should be able to hire and fire them based on how good they were. Schools should be staying open until at least 6 p.m. and be in session eleven months of the year. It was absurd, he added, that American classrooms were still based on teachers standing at a board and using textbooks. All books, learning materials, and assessments should be digital and interactive, tailored to each student and providing feedback in real time.

Source:
Isaacson, Walter. Steve Jobs. New York: Simon & Schuster, 2011.
(Note: ellipsis added.)

Entrepreneur Peter Thiel Says We Should Fight for Longer Lives

Source of book image: http://si.wsj.net/public/resources/images/OB-PJ926_bkrv10_DV_20110829191924.jpg

(p. C13) Sonia Arrison’s “100 Plus” was first published in 2011, but its message is evergreen: how scientists are directly attacking the problem of aging and death and why we should fight for life instead of accepting decay as inevitable. The goal of longer life doesn’t just mean more years at the margin; it means a healthier old age. There is nothing to fear but our own complacency.

For the full review essay, see:
Peter Thiel (author of passage quoted above, one of 50 contributors to whole article). “Twelve Months of Reading; We asked 50 of our friends to tell us what books they enjoyed in 2012–from Judd Apatow’s big plans to Bruce Wagner’s addictions. See pages C10 and C11 for the Journal’s own Top Ten lists.” The Wall Street Journal (Sat., December 15, 2012): passim (Thiel’s contribution is on p. C13).
(Note: the online version of the review essay has the date December 14, 2012.)

The book Thiel endorses is:
Arrison, Sonia. 100 Plus: How the Coming Age of Longevity Will Change Everything, from Careers and Relationships to Family and Faith. New York: Basic Books, 2011.