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 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.
Why We Shouldn’t Bail Out The Airlines And Cruise Companies
Despite the obvious vulnerability of the sector, boards/CEOs of the six largest airlines have spent 96% of their free cash flow on share buybacks, bolstering the share price and compensation of management… who now want a bailout. They should be allowed to fail.
Why Utah Drops Fish Out Of Airplanes Into Their Mountain Lakes
Utah Division of Wildlife Resources drops hundreds of thousands of fish out of airplanes into their mountain lakes every summer to restock them for fishing and hiking season. Without these aerial fish dumps, the state’s high-altitude southern and central lakes would be fishless.
How Do Airlines Price Tickets?
To the average buyer, airline ticket prices appear to fluctuate without reason. But behind the process is actually the science of dynamic pricing, which has less to do with cost and more to do with artificial intelligence.
Will The Boomers Cause A Financial Bust?
It’s the baby boomers who won the generational lottery, and they now appear to want their children and grandchildren to cover their low taxes and rising health care costs.
Staring At A Digital Black Hole
On the morning of November 16, 2019, we, the exiled Iranians, woke up and like billions of other internet addicts in the world immediately checked our phones, only to realize that Iran had been cut off from the global internet.
Polygamist Mafia: Escaping The Kingston Clan
Although the mainstream Mormon church abandoned polygamy over 100 years ago, many splinter groups across Utah still practice plural marriage. One such group is the Kingston Clan, known to members as The Order. The Kingstons live in Salt Lake City and run their religion like a secretive business empire.
Remembering The Nucleon, Ford’s 1958 Nuclear-powered Concept Car That Never Was
Nearly 30 years before the Chernobyl nuclear disaster, engineers at Ford designed and made a 3/8 scale model of a car, which it said would be powered by a nuclear reactor in the trunk.
How The Nile Can Provide Life And Divide Nations
The Nile river plays a central role for all nations through which it flows and it forces them to cooperate. At the same time, the sharing of water can also lead to tensions. This video focuses on these two aspects by looking at two construction projects along the Nile.
Abandoned Places: The Pontiac Silverdome
Just outside of Detroit, in Pontiac Michigan, sits one of the most famous and iconic abandoned structures in the country. At one time the largest NFL stadium and host to SuperBowl 16. This is the Pontiac Silverdome.
“Ten Meter Tower”, Award-Winning Doc About Fear
To jump or not to jump? The premise at the heart of Axel Danielson and Maximilien van Aertryck’s “Ten Meter Tower” might seem simple, but the award-winning documentary is a deceivingly smart portrait of human behavior in the face of fear.
Photographs Documenting A Different Side Of 1970s New York City
Bruce Gilden’s work promised a vision of New York street life on a par with Diane Arbus and Robert Frank, but for nearly 40 years this early body of work – comprising around 600 rolls of film – lay forgotten, only rediscovered last year when Gilden moved out of his Manhattan loft.
We Are Living In A Failed State
When the virus came here, it found a country with serious underlying conditions, and it exploited them ruthlessly. Chronic ills—a corrupt political class, a sclerotic bureaucracy, a heartless economy, a divided and distracted public—had gone untreated for years. We had learned to live, uncomfortably, with the symptoms.
The Curse Of The Ship Of Gold
How Tommy Thompson, a brilliant scientist, went from discovering a mother lode of treasure at the bottom of the sea to fleeing from authorities with suitcases full of cash.
New Technology In China Turns Desert Into Land Rich With Crops
China was praised for a law it passed in 2002 — the world’s first integrated law dedicated to combating desert expansion. With this goal in mind, China has carried out several projects that have been successful, including at one desert in northern China.
Inside The Billion-Euro Nuclear Reactor That Was Never Switched On
Zwentendorf Nuclear Power Plant, in Austria, was ready to go: it just needed starting up. But that never happened, and forty years later, it still sits mothballed. The government eventually held a referendum: “do you want nuclear power?” When everything was counted, 50.5% said…”No”.
The Remote ‘Democratic’ Oasis Of Soviet Russia
The academic town of Akademgorodok in Siberia was created by Russian mathematician Mikhaïl Alekseïevitch Lavrentiev, who wanted to install a safe haven for scientists in the middle of Siberia. Such isolation from Moscow created a fertile scientific and cultural nest away from the influence of the State and its politics.
Aogashima, Tokyo’s Secret Island Paradise
Aogashima Island is famous for having a volcano inside a volcano surrounded by dense jungle. It’s also considered the smallest town in Japan and the hardest place in Japan to get to. There is no direct transportation to Aogashima.
How Volkswagen Plans To Outsell Tesla
Although Tesla reigns as king of the EV market thanks to its Model 3, Volkswagen has a plan in place to outsell them in the next few years. The automaker has set its sights on becoming a major name in the EV game, investing $37 billion in its electric car program.
Young Girls Force-Fed For Marriage In Mauritania
Some Mauritanian communities believe that the fatter girls look the wealthier and more attractive they appear to men. Sahar Zand meets the families force feeding their young girls a 9,000 calorie-a-day diet during a brutal “feeding season” in Mauritania.