Posts

Changing frequency of newspaper publication is not a sign of the apocalypse

The number of newspapers that have reduced their publication frequency in response to market changes and economic conditions continues to rise. This year the  Times-Herald in Newnan, Georgia shifted from 7 days a week to 5 days per week. The New Orleans Times-Picayune moved to 3-day per week schedule, as has The Patriot-News in Harrisburg, Pa., and many papers in the Advance Publications group. In doing so, the papers are bolstering their digital publications and producing in physical form only on days that most interest retail advertisers. From the financial standpoint, these moves make a great deal of sense. Reactions to the changes have ranged from disbelief to resignation in the journalism community. Many have bemoaned the loss of dailies and argued non-dailies cannot possibly serve their communities as well. That argument is problematic, of course, because there have typically been 3-4 times more weeklies than dailies in the U.S. and many have done far better jobs...

Grow, baby, grow - all the guar you can

Image
I don't know what to make of this story. An economics soap opera ? How the most unexpected things can happen  ? How sometimes prosperity can hit you from the strangest of directions ? Read on - judge for yourself. The story starts in a very boring manner. Everybody knows Americans guzzle gas. With the Sheikhs turning the screws, Americans are feeling the pinch. Ouch - the price of oil is hurting. Drill baby drill , is fine, but oil is, alas, not to be found. Need new forms of cheap energy so that Americans can continue to guzzle away. Suddenly they discovered a new "source" - Shale gas .  Apparently natural gas is  found in rocks called shales. And apparently shale gas is rather plentiful in the US. Wonder of wonders, use of shale gas even releases lower greenhouse gases than evil Oil.. Voila, the new gold rush is on.  All very good. What's new. This sort of thing happens all the time. The real interesting bit is that, in order to extract this gas, you have to do ...

The Business September 26th 2012, The "The Business is Back in Business" Edition

Image
The Business has been Chris-less for some time now. NOT THIS WEEK! We’ve got not just one, but TWO! Both Garcia and Thayer have been in the land of dreams (and in LA) but they’re back and better than ever and they’re gonna be at the Business this week! Also, Alex has returned from being a road warrior Max Rockatansky-style and will be back in his business saddle again. That means all the regulars are assembling, forming a Voltron-esqe defender of the humorverse! Chris, Chris, Sean, Alex, Bucky, Caitlin and Mike have made room for only one guest this week. Luckily, he’s a doozy. “Jarrod Harris‘ act is an oddly comfortable mix of trailer-park filth, comic angst and hipster irony. While his style may fit into several categories along the comedy spectrum, his clever writing only fits into one: funny.” Noah Gardenswartz – Creative Loafing. Over 20 million people have seen Jarrod’s popular Action Figure Therapy characters and most recently the series was named LA We...

Primum non nocere

Sometimes, rarely, you read something that resonates  so much that you nod your head right through and maybe even develop a crick in the neck. Such was the piece I read today under the somewhat hyperbolic title " How to stop hospitals from killing us ".  I opt to offer it to you without comment,  with only a strong recommendation. I just chose a less fanciful title that simply means - First do no harm. Perhaps an appropriate title, for, this is a mini landmark post - my 500th.  Even for writers, this is a useful tenet to follow. Never thought I would reach this figure when I started blogging one winter's day in Guangzhou 3 years ago . How much life has changed in this short while. Thank you, dear readers, for the support, the encouragement, your comments and points of view. My life has been immeasurably enriched by you and, for that, a big, big, big, heartfelt thank you.

47% vs 97%

Mitt Romney is in a  soup over his 47% remark . In some remarks he made at a private meeting he said that 47% of Americans do not pay income tax (fact) and implied that these were scroungers (rubbish). But he was factually accurate in that 47% of Americans do indeed not pay income tax - although to be fair about that half of that lot do pay payroll taxes which is a form of income tax meant for funding social security and Medicare. The purpose of this post is not to wade into the political controversy. But simply to point out the fact that if Romney were in India, he would say 97% of the population does not pay income tax. That's right - only 2.8% of Indians pay any income tax . That's not to say 97% of the population does not pay any tax at all. Indirect taxes like VAT, Sales Tax, Octroi and a whole host of devilish taxes are levied on everything. Even a beggar buying beedis is paying all these taxes. But income tax, the largest revenue earning component of the budget is paid b...

The Business September 19th 2012, The "Lil Rascals in the City" Edition

Image
This week at The Business, Our Gang is welcoming a few Lil Rascals to San Francisco. Cameron Buchholtz is a stand up comedian based in Austin, TX. He is a regular at comedy clubs across the country, has done theater shows with the likes of Doug Benson and Todd Barry, rock clubs with Michael Ian Black and Neil Hamburger, and festivals such as FunFunFunFest and the Norman Music Festival. He is also the host of the laid back interview podcast 'CB Radio', where every week he sits down with some of the biggest names in comedy and pop culture. He is proudly from Oklahoma. He is SO totally an Alfalfa. Dave Child started his career as a senior officer of Emerson College's acclaimed sketch troupe: Chocolate Cake City. Dave co-wrote the screenplay: Will Triumph Fights Alone, which won the Film Artist Network’s Boston Screenplay Competition, was represented at The Cannes Film Festival and was later adapted into a comic book, illustrated by Death of Superman artist: Jon Bogd...

What did you have for lunch ?

Newspapers are falling over themselves in trying to figure out what happened to Manmohan Singh. What has suddenly prompted the slew of economic announcements. And what has made him so brave after all the dithering for so long. While there has been much speculation, I am afraid all the pundits have got it wrong For, you see, in order to understand the behaviour of all our leaders over the last two days, you have to look no further than what they ate. Firstly Madam Gursharan Kaur has been making Dum(b) Aloo (PJ courtesy Chotu ) all this while. She switched two days ago to Makki ki roti and Sarson ka Saag. It is well known that the said food, when washed down with copious amount of buttermilk rather emboldens a certain group of people at 12.00 noon. If you notice, all the policy pronouncements have come out at 12.05 over the last two days. At the other corner of the country, you may have noticed that there has been no comment from a certain portly lady. For she normally has Thayir sadam o...