A few months ago I wrote a long read on How China became a manufacturing superpower. It has been gratifying that this piece has been read a lot & was recently referenced by a European think tank
If you haven't had a chance to read it, here is the link
https://t.co/As6k7VlcdR
TWIL3: The state of Oregon has only Mail-in Voting. No booths.
The state mails ballots to all registered voters to their last registered addresses. The voters either mail their filled in ballots or put them in designated drop boxes.
https://t.co/PUm0Fq51qR
@indiaemerges The two issues are related. The high water table in the state means that the electricity requirement of farmers is very low. The agriculture tariff allows industrial and commercial to be low.
That is a ray of hope for the state. Mineral base + low tariff…one can only hope.
@svembu That’s a great book.
If someone doesn’t have the time to read the book, here is a summary (read the book if you can though).
https://t.co/AKCdfUFaRf
@aparanjape The 9% sedan number is shockingly low. Especially as the Uber Prime kind of segment is still robust. So virtually no one is buying a sedan except perhaps in the luxury segment.
While mentoring student entrepreneurial teams I realised that they implicitly assumed that someone else would define the problem they would work on. I was the same. We teach students problem solving and not problem forming.
Do forward.
https://t.co/IdaVZUQ80F
So if you see a ship named orange star or juice express, you know what it is carrying.
TWIL: My weekly posting of the most remarkable fact I came across in the last week. Follow for more.
TWIL 2: Your orange juice may have come in a tanker ship!
Have you heard of juice tanker ships? They transport fruit juices in bulk. The ships are specially built: Highly finished steel walls, nitrogen blanketing, & of course refrigerated.
https://t.co/gvLcjccrmP
@indiaemerges It is because of cross subsidies and a very high level of taxes on fuels and now because of a too high penetration of renewables.
https://t.co/jHPsoqPtkA
@DivaJain2 The big difference is that the advantages of cheap capital, raw material, land and energy is available to all. This allows fierce competition. PLI kind of support - and I understand the need for it - is by definition available to chosen few.
@jcrajan00 You are right but some of the causality may be the other way.
Policies have made all input costs very high so manufacturers find it impossible to compete in mass manufacturing. Very skilled entrepreneurs have to get into niches.
Vaclav Smil in Prime Movers of Globalizatio
"...nothing better demonstrates the reliability of… diesel engines that power all tankers, other bulk cargo carriers, and container ships than the fact that none of these ships has any backup engines to be used in case of failure."
TWIL: Powerful Marine Diesel engines are so reliable that most ships that use them don't have backup engines.
(My weekly posting of the most remarkable fact I came across in the last week)
Image by zoellnerwillich from Pixabay