Why Socialism Failed in Africa
Considering capitalism to be equal to colonialism, Africa’s founding fathers rejected it and adopted marxist-socialism in the 1960s. Foreign companies were nationalised, state-owned enterprises were created and all sorts of controls on rents, prices, imports and foreign exchange.
The Peruvian Corruption-Buster Bigger Than Mueller
With his implacable pursuit of the presidential trio, the corruption-busting prosecutor José Domingo Pérez has established an international template for how to prosecute former heads of state on graft charges.
How Climate Change Is Shaping Business In Iceland
While Iceland as a whole is experiencing the negative effects of climate change stronger than many other nations, Finnafjord actually aims to profit from the changing climate. The construction of a large container port is supposed to turn Iceland into a new hub for international merchant shipping.
Raising The Minimum Wage By $1 May Prevent Thousands Of Suicides, Study Shows
Between 1990 and 2015, raising the minimum wage by $1 in each state might have saved more than 27,000 lives, according to a report published this week in the Journal of Epidemiology & Community Health. An increase of $2 in each state’s minimum wage could have prevented more than 57,000 suicides.
The History Of CTRL + ALT + DELETE
In 2013, Bill Gates admitted ctrl+alt+del was a mistake and blamed IBM. With the del key across the keyboard from the other two, it seemed unlikely that all three would be accidentally pressed at the same time. Here’s the story of how the key combination became famous in the first place.
Buyers Club: The Network Providing People With Affordable Hepatitis C Medicine
In 2013, a cure was found for hepatitis C. It could save millions of lives, but its price tag of between $40,000 and $84,000 for 84 pills puts it far out of most patients’ reach. Greg Jefferys defied the US pharmaceutical company that holds the patent to set up a worldwide supply network for the generic version.
Buried In Sand For A Millennium: Africa’s Roman Ghost City
Timgad is a lost Roman city on the edge of the Sahara desert in Algeria that remained hidden beneath the sand for nearly a thousand years. Positively obscure compared to the international notoriety of Pompeii, this ancient city is nonetheless one of the best surviving examples of Roman town planning anywhere in the historical Empire.
From 2nd Poorest Country To Fastest Growing Economy in the World
This video takes a look at Sir Seretse Khama, the man that oversaw Botswana’s transformation from to 2nd poorest country in the world to the fastest-growing economy. Botswana today is the world’s largest producer gem diamonds and is one of only a handful of middle-income countries in sub-Saharan Africa.
How Offshore Oil Rigs Work
Offshore oil rigs are inherently a higher-cost, higher-risk method of oil extraction, but the oceans are, of course, home to a huge proportion of the world’s oil reserves so, if there are no more low-cost oilfields on land, that’s where the companies go.
Why Wagyu Beef Is So Expensive
Wagyu beef is the most prized beef in the world. A single cow can be sold for up to $30,000. Part of the reason why it’s so expensive is due to its exclusivity and increasing demand.
In Japan, Repairing Buildings Without A Single Nail
In the past, making and developing metal was too costly for carpenters in Japan. So instead of using nails, carpenters called “miyadaiku” developed unique methods for interlocking pieces of wood together, similar to a giant 3D puzzle.
How Our Definition Of Middle Class Has–And Hasn’t–Changed In 100 Years
Some of the cultural markers associated with the middle class–like education–have shifted. But its aspirations? Not so much.
Killer, Kleptocrat, Genius, Spy: The Many Myths Of Vladimir Putin
Putin’s recent ubiquity has brought great prominence to the practice of Putinology. This enterprise – the production of commentary and analysis about Putin and his motivations, based on necessarily partial, incomplete and sometimes entirely false information – has existed as a distinct intellectual industry for over a decade.
The Most Loved And Hated Classic Novels According To Goodreads Users
Reading classic literature is like going for a 6am jog. It has its loyal fans but few enjoy it. Curious to learn about what classics people actually enjoy, Daniel Frank delved into the Goodreads data to find what classics users love and hate the most.
The Story Of Freedom Ship
Back in the 1990’s a man started a project from a dream he had to build not only the largest ship ever conceived, but to combine a family cruise line, airport and residential community all in one. His dream carried on through decades after and now seemingly stalled, a new CEO is taken the helm.
The Unhackable Email Service
Ladar Levison built an encrypted email service called Lavabit that counted a prominent figure among its users: Edward Snowden. When the FBI demanded Levison decrypt Snowden’s communications, he had two options, either hand over the encryption key or destroy his servers. He chose the latter.
Lifetime Free 1st Class Air Travel Pass: A Disaster
In 1982, American Airlines had an idea to offer a lifetime free first-class air travel pass to its wealthiest customers. The person holding this pass could fly on American Airlines at any time it wanted, to any destination it wanted, for as many times it wanted, for the rest of its life after paying a one-time fixed membership fee.
‘It’s A Miracle’: Helsinki’s Radical Solution To Homelessness
Finland is the only country in the European Union where homelessness is falling. Its secret? Giving people homes as soon as they need them – unconditionally.
This Is What It’s Like Inside North Korea’s Luxury Ski Resort
Get a glimpse of what life is like in North Korea, a country rarely seen by foreigners. Britain’s fastest snowboarder Jamie Barrow is our guide around the DPRK’s capital city Pyongyang before he heads up to the slopes of Masikryong.
“Dominion”, How Animals Are Used And Abused By Humans
Dominion exposes the dark underbelly of modern animal agriculture, questioning the morality and validity of humankind’s dominion over the animal kingdom. While mainly focusing on animals used for food, it also explores other ways animals are exploited and abused by humans, including clothing, entertainment and research.
A Stunning 4K Timelapse Of The Gunhilde Maersk
A stunning 4K timelapse of container ship Gunhilde Maersk at sea from Ho-Chi Minh City, Vietnam to Ningbo, China and the incredible loading sequences at each port. A montage of over 78,000 5D Mk3 RAW files. Edited by Toby Smith to create a stunning day to night sequence in 4K.