10 Cents Quotes

Getting an inch of snow is like winning 10 cents in the lottery.

A Decalogue of Canons for Observation in Practical Life: 1. Never put off to tomorrow what you can do to-day. 2. Never trouble another with what you can do yourself. 3. Never spend your money before you have it. 4. Never buy a thing you do not want, because it is cheap, it will be dear to you. 5. Take care of your cents: Dollars will take care of themselves. 6. Pride costs us more than hunger, thirst and cold. 7. We never repent of having eat too little. 8. Nothing is troublesome that one does willingly. 9. How much pain have cost us the evils which have never happened. 10. Take things always by their smooth handle. 11. Think as you please, and so let others, and you will have no disputes. 12. When angry, count 10. before you speak; if very angry, 100.

The top 10 per cent of the US population appropriated 91 per cent of income growth between 1989 and 2006, while the top 1 per cent took 59 per cent.

I once heard a theory about the first relationship that occurs after a big relationship ends. It’s called the 90/10 rule. The theory goes: whatever the crucial 10 per cent is that was missing from your partner who was otherwise totally right for you is the thing you look for in the following person. That missing 10 per cent becomes such a fixation that, when you do find someone who has it, you ignore the fact they don’t have the other 90 per cent that the previous partner had.

The grandmothers decided on William’s eighth birthday that the time had come for the boy to learn the value of money. With this in mind, they allocated him one dollar a week as pocket money, but insisted that he keep an inventory accounting for every cent he spent. Grandmother Kane presented him with a green leather-bound ledger, at a cost of 95 cents, which she deducted from his first week’s allowance. From then on the grandmothers divided the dollar up every Saturday morning. William could invest 50 cents, spend 20 cents, give 10 cents to charity and keep 20 cents in reserve. At the end of each quarter they would inspect the ledger and his written report on any unusual transactions.

In 2016, it was revealed by the Higher Education Statistics Agency that almost 70 per cent of the professors teaching in British universities are white men.10 It’s a dire indication of what universities think intelligence looks like.

In the Banda Islands, ten pounds of nutmeg cost less than one English penny. In London, that same spice sold for more than £2.10s. – a mark-up of a staggering 60,000 per cent. A small sackful was enough to set a man up for life, buying him a gabled dwelling in Holborn and a servant to attend to his needs

It’s pretty hard to get to another star system. Alpha Centauri is four light years away, so if you go at 10 per cent of the speed of light, it’s going to take you 40 years, and that’s assuming you can instantly reach that speed, which isn’t going to be the case. You have to accelerate. You have to build up to 20 or 30 per cent and then slow down, assuming you want to stay at Alpha Centauri and not go zipping past. It’s just hard. With current life spans, you need generational ships. You need antimatter drives, because that’s the most mass-efficient. It’s doable, but it’s super slow.

Humans lived for several million years as fully wild beings: only in the last 10, 000 did we invent agriculture; only in the last couple of centuries did we invent industry. We are a species that has spent 99 per cent of its history as hunter-gatherers. We haven't had time for our unconscious minds and our unconscious needs to have changed. If you like, our souls have not changed, and this is true whether or not we believe that we have them.

70 per cent to avoid a humiliating defeat (to our reputation as a guarantor) – 20 per cent to keep South Vietnam (and the adjacent territory) from Chinese hands – 10 per cent to permit the people of South Vietnam to enjoy a better, freer way of life’.

collecting 10 per cent on high incomes and lower rates on lower incomes constituted undue discrimination against wealth.

From the sixteenth to the nineteenth centuries, about 10 million African slaves were imported to America. About 70 per cent of them worked on the sugar plantations.

Allegedly, 50 per cent of Americans believe that the Earth was created less than 10,000 years ago, which if true says something rather sad about the most expensive education system in the world.

i remember el salvador, /n it’s horse shit, like i tell you. i stopped chasing the messiahs /n madonnas - wised up, set myself straight. i’ve laid em /n balled em in every half-way house south of biloxi, every 10 cent bed west of tulsa, fucked /n slobbered myself stupid on swingsets, greyhounds /n gas station floors the world over. i’ve split em in half from head to ass in elevator shafts, plus-size fitting rooms, in the lobbies of sheraton inns /n kfc parking lots - fucked em everywhere every way that i could. someone else can fuck em now. i’m done w/ el salvador. i know her militias her perfume, munitions, her missing hubcaps /n posters of paris. i know her goyas, her barricades, her paintboxes /n bookshelves of baudelaire, her banners, her bullshit /n paris can keep her.

In 1970, American women were paid 59 cents for every dollar their male counterparts made. By 2010, women had protested, fought, and worked their butts off to raise that compensation to 77 cents for every dollar men made.10 As activist Marlo Thomas wryly joked on Equal Pay Day 2011, “Forty years and eighteen cents. A dozen eggs have gone up ten times that amount.”11

Pakistan was created in 1947, Hindus were 15 per cent of the population but were less than 2 per cent by 1998. In Bangladesh of 1931, Hindus were around 30 per cent of the population but are less than 10 per cent today.’ ‘Yes,’ said Thakur. ‘Contrast that with the Muslim population of India that was less than 10 per cent in 1951 and grew to over 14 per cent by 2011. Secularism is the only way to allow people to flourish.

All Negroes shall be prohibited from voting, holding public office, practicing law, medicine, or teaching in any class above the grade of grammar school, and they shall be taxed 100 per cent of all sums in excess of $10,000 per family per year which they may earn or in any other manner receive.

One should avoid carrying out an experiment requiring more than 10 per cent accuracy.

Banks are allowed to loan $10 for every dollar they actually possess, which means that 90 per cent of all the money in our bank accounts is not covered by actual coins and notes.

46 per cent believe that God created humans in their current form sometime during the last 10,000 years,

A 10 per cent compounding improvement in the price and performance of a technology would result in it becoming more than 2.5 times more powerful for the same price every 10 years.

In 1950 the United States—with just 9.5 per cent of the world’s population—was consuming 50 per cent of the world’s raw materials.

Life is 10 per cent what happens to you and 90 per cent how you respond to it.

Around 75 per cent of the wet weight of faeces is bacteria; plant fibre makes up about 17 per cent.

Half a wing could save your life by easing your fall from a tree of a certain height. And 51 per cent of a wing could save you if you fall from a slightly taller tree.

The top tier of landowners in England remains Norman: 70 per cent of the country is owned by 10 per cent of the people,20 most of them descendants of Norman invaders.

Banks are allowed to loan $10 for every dollar they actually possess, which means that 90 per cent of all the money in our bank accounts is not covered by actual coins and notes.2

switched to slaves. From the sixteenth to the nineteenth centuries, about 10 million African slaves were imported to America. About 70 per cent of them worked on the sugar plantations.

And what percentage of people take up the option to die off?’ She looked at me, her glance telling me to be calm. ‘Oh, a hundred per cent, of course. Over many thousands of years, calculated by old time, of course. But yes, everyone takes the option, sooner or later.’ ‘So it’s just like the first time round? You always die in the end?’ ‘Yes, except don’t forget the quality of life here is much better. People die when they decide they’ve had enough, not before. The second time round it’s altogether more satisfying because it’s willed.’ She paused, then added, ‘As I say, we cater for what people want.’ I hadn’t been blaming her. I’m not that sort. I just wanted to find out how the system worked. ‘So … even people, religious people, who come here to worship God throughout eternity … they end up throwing in the towel after a few years, hundred years, thousand years?’ ‘Certainly. As I said, there are still a few Old Heaveners around, but their numbers are diminishing all the time.

I said earlier, with more than 10 per cent of the African population being well educated, this type of excuse will do a great disservice to our continent, as well as to future generations of Africans, who will ask how we stood by with our eyes wide open and let another ‘Scramble for Africa’ take place. I remember sounding the same type of alarm in my keynote address to the Black Management Forum on 13 October 2005, when I stated, ‘Finally, I must sound this note of warning to Africa: there is a new kind of slavery marching through Africa – it is the economic giant called China. Yes, it is stimulating and exciting seeing the competition the Chinese are giving to the Western world in Africa. But we are again abandoning our independence for a quick solution to our economic woes. Africa needs to suffer a little if we are going to build a solid economic base for the generation of Africans to come.

As a general rule of thumb, about 5 per cent of tanks in a given unit will break down for mechanical reasons after a 100km road march, although most can be repaired within a few hours. Just three years before Barbarossa, nearly 30 per cent of the 2.Panzer-Division’s tanks broke down on the unopposed 670km road march to Vienna, along good roads.3 If the panzer divisions suffered a similar scale of combat losses as in the 1940 Western Campaign, no more than 10–20 per cent of the original panzers would be likely to reach their objectives.

Incredibly, the human brain does all of its mega-computing on roughly 20 watts of power, which is the equivalent of a very dim light bulb. By comparison, a supercomputer capable of a similar rate of computation requires 200,000 watts – in other words, it is 10,000 times less energy-efficient than the human brain. Despite the human brain’s efficiency, however, it is extraordinarily energy hungry compared with all other tissues. While accounting for only 2 to 3 per cent of the mass of an adult, it consumes about 20 per cent of the body’s oxygen.

Having worked as a clinician for almost 40 years, I have seen some young adults, who had the classic, clear and conspicuous signs of Asperger’s syndrome in early childhood, achieve over decades a range of social abilities and improvements in behaviour such that the diagnostic characteristics became sub-clinical; that is, the person no longer has a clinically significant impairment in social, occupational, or other important area of functioning. There may still be very subtle signs of Asperger’s syndrome, but when the diagnostic tests are re-administered, the person achieves a score below the threshold to maintain the diagnosis. There is now longitudinal research that is starting to confirm clinical experience that about 10 per cent of those who originally had an accurate diagnosis of Asperger’s syndrome in childhood no longer have sufficient impairments to justify the diagnosis (Cederlund et al. 2008; Farley et al. 2009).

Having seen several hundred lease agreements entered into by people I have counseled, my financial calculator confirms that the average interest rate is 14 percent. Shouldn’t you lease or rent things that go down in value? Not necessarily, and the math doesn’t work on a car, for sure. Follow me through this example: If you rent (lease) a car with a value of $22,000 for three years, and when you turn it in at the end of that three-year lease the car is worth $10,000, someone has to cover the $12,000 loss. You’re not stupid, so you know that General Motors, Ford, or any of the other auto giants aren’t going to put together a plan to lose money. Your fleece/lease payment is designed to cover the loss in value ($12,000 spread over 36 months is equal to $333 per month), plus provide profit (the interest you pay). Where did you get a deal in that? You didn’t! On top of that, there is the charge of 10 to 17 cents per mile for going over the allotted miles and the penalties everyone turning in a lease has experienced for “excessive wear and tear,” which takes into account every little nick, dent, carpet tear, smudge, or smell. You end up writing a large check just to walk away after renting your car. The whole idea of the back-end penalties is twofold: to get you to fleece/lease another one so you can painlessly roll the gotchas into the new lease, and to make sure the car company makes money.

These days, it literally is all about ‘me’. In an analysis of over 750,000 books published between 1960 and 2008, Jean Twenge and her colleagues found that the use of first person plural pronouns (i.e. We, Us) decreased 10 per cent, while during this same timeframe, the use of first person singular pronouns (i.e. I, Me) increased 42 per cent, and second person pronouns (i.e. You, Your) quadrupled.

At its worst, neo-liberalism takes a dynamic system like free market capitalism, which is capable of spectacular creativity and ingenuity, and reduces it to a boring exercise in ‘how we can buy these widgets 10 per cent cheaper’. It has also propelled a narrow-minded technocratic caste into power, who achieve the appearance of expert certainty by ignoring large parts of what makes markets so interesting.

Hitler’s royalties—his chief source of income from 1925 on—were considerable when averaged over those first seven years. But they were nothing compared to those received in 1933, the year he became Chancellor. In his first year of office Mein Kampf sold a million copies, and Hitler’s income from the royalties, which had been increased from 10 to 15 per cent after January 1, 1933, was over one million marks (some $300,000), making him the most prosperous author in Germany and for the first time a millionaire.* Except for the Bible, no other book sold as well during the Nazi regime, when few family households felt secure without a copy on the table. It was almost obligatory—and certainly politic—to present a copy to a bride and groom at their wedding, and nearly every school child received one on graduation from whatever school.

Banks are allowed to loan $10 for every dollar they actually possess, which means that 90 per cent of all the money in our bank accounts is not covered by actual coins and notes.2 If all of the account holders at Barclays Bank suddenly demand their money, Barclays will promptly collapse (unless the government steps in to save it). The same is true of Lloyds, Deutsche Bank, Citibank, and all other banks in the world.

Harlem, physically at least, has changed very little in my parents’ lifetime or in mine. Now as then the buildings are old and in desperate need of repair, the streets are crowded and dirty, there are too many human beings per square block. Rents are 10 to 58 per cent higher than anywhere else in the city; food, expensive everywhere, is more expensive here and of an inferior quality; and now that the war is over and money is dwindling, clothes are carefully shopped for and seldom bought. Negroes, traditionally the last to be hired and the first to be fired, are finding jobs harder to get, and, while prices are rising implacably, wages are going down. All over Harlem now there is felt the same bitter expectancy with which, in my childhood, we awaited winter: it is coming and it will be hard; there is nothing anyone can do about it.

According to a 2012 Gallup survey, only 15 per cent of Americans think that Homo sapiens evolved through natural selection alone, free of all divine intervention; 32 per cent maintain that humans may have evolved from earlier life forms in a process lasting millions of years, but God orchestrated this entire show; 46 per cent believe that God created humans in their current form sometime during the last 10,000 years, just as the Bible says. Spending three years in college has absolutely no impact on these views. The same survey found that among BA graduates, 46 per cent believe in the biblical creation story, whereas only 14 per cent think that humans evolved without any divine supervision. Even among holders of MA and PhD degrees, 25 per cent believe the Bible, whereas only 29 per cent credit natural selection alone with the creation of our species.1

From the sixteenth to the nineteenth centuries, about 10 million African slaves were imported to America. About 70 per cent of them worked on the sugar plantations. Labour conditions were abominable. Most slaves lived a short and miserable life, and millions more died during wars waged to capture slaves or during the long voyage from inner Africa to the shores of America. All this so that Europeans could enjoy their sweet tea and candy – and sugar barons could enjoy huge profits.

Framing isn’t about lying and deception; it’s about knowing how to present your product or service through the most factual and compelling lens. For example, it’s more appealing to say a food product is 90 per cent lean than to say it contains 10 per cent fat. Both are true, but one frame is more psychologically alluring. These examples illustrate an important but too often forgotten principle in branding, marketing and business: reality is nothing more than perception and context is king.

She's selling CDs on the corner, fifty cents to any stoner, any homeboy with a boner. Sleet and worse - the weather's awful. Will she live? It's very doubtful. Life out here is never healthful. She puts a CD in her Sony. It's the about the pony and a pie with pepperoni and a mom with warm, clean hands who doesn't bring home guys from bands or make some sickening demands. The cold wind bites like icy snakes. She tries to move but merely shakes. Some thief leans down and simply takes. Her next CD's called Land Of Food. No one there can be tattooed or mumble things that might be crude and everything to eat is free, there's always a big Christmas tree and crystal bowls of potpourri. She's weak but still she play one more: She's on a beach with friends galore. They scamper down the sandy shore to watch the towering waves cascade and marvel at the cute mermaids who call to her and serenade. She can't resist. the water's fine. The rocks are like a kind of shrine. The foam goes down like scarlet wine. One cop stands up and says, "She's gone." The other shakes his head and yawns. It's barely 10:00, and life goes on.

Consider, for example, the following puzzle. 1. A bat and a ball cost $1.10 in total. The bat costs $1.00 more than the ball. How much does the ball cost? What’s your instinctive response? I’m guessing that it is that the ball must cost 10 cents. That can’t be right, though, can it? The bat is supposed to cost $1.00 more than the ball. So if the ball costs 10 cents, the bat must cost $1.10, and we’ve exceeded our total. The right answer must be that the ball costs 5 cents. Here’s another question: 2. If it takes 5 machines 5 minutes to make 5 widgets, how long would it take 100 machines to make 100 widgets? The setup of the question tempts you to answer 100. But it’s a trick. One hundred machines take exactly the same amount of time to make 100 widgets as 5 machines take to make 5 widgets. The right answer is 5 minutes. These puzzles are two of the three questions that make up the world’s shortest intelligence test.1 It’s called the Cognitive Reflection Test (CRT). It was invented by the Yale professor Shane Frederick, and it measures your ability to understand when something is more complex than it appears—to move past impulsive answers to deeper, analytic judgments.

What in essence happened under the Treuhand was a complete transfer without compensation of property and assets accumulated over forty years through hard work and effort by GDR citizens, as well as the land they owned (which in the GDR had no monetary value as such) to, in the main, West German owners. This transfer of a country's assets — unprecedented anywhere in the world during peacetime — amounted to billions of Euros: a robbing of ordinary people for the enrichment of a few. Of those companies and individuals who bought GDR property, 80 per cent were West Germans, only 10 per cent were from other countries, and a mere 5 per cent went to GDR citizens.

Poverty certainly causes many other health problems, and malnutrition shortens life expectancy even in the richest countries on earth. In France, for example, 6 million people (about 10 per cent of the population) suffer from nutritional insecurity. They wake up in the morning not knowing whether they will have anything to eat for lunch; they often go to sleep hungry; and the nutrition they do obtain is unbalanced and unhealthy – lots of starch, sugar and salt, and not enough protein and vitamins.3 Yet nutritional insecurity isn’t famine, and France of the early twenty-first century isn’t France of 1694. Even in the worst slums around Beauvais or Paris, people don’t die because they have not eaten for weeks on end. The

At the other extreme, the consumption tax rate should be very, very high for any products that impose massive negative externalities. Consider handgun ammunition. Currently, one can buy five hundred rounds of 9 mm ammunition for about $110 from online U.S. retailers—about twenty-two cents each. But each round of ammunition has a slight chance of falling into the wrong hands and killing someone. How slight? About 10 billion rounds are sold per year in the United States. There are about thirty thousand gun-related deaths in the United States per year (including suicides, homicides, and accidents). Assuming the typical gun death involves one round of ammo, the chance that any given round will end up killing someone is about thirty thousand divided by 10 billion, or three per million. Now, a person’s life is generally reckoned to be worth about $3 million, according to the usual cost-benefit-risk analyses by highway engineers, airlines, and hospitals. If each bullet has a three per million chance of negating a $3 million life, then that bullet imposes an expected average cost on society of $9. That’s about forty times its conventional retail cost of $0.22, so, by my reasoning, it should be subject to a consumption tax rate of 4,000 percent. This is obviously a rough calculation; it ignores the injury costs of nonlethal shootings (which would increase the tax) and the crime-deterrence effects, if any, of citizens having ammo (which would decrease the tax).

The much-criticised rubber regime of Leopold II had only a brief heyday and disappeared from the tables of Congolese resources shortly after 1900 in favour of palm oil and palm nuts. The production tables also show that the population increased from 1890 onwards and was not exterminated. In 1888, And revenue from the 'red' rubber largely went to the Free State for public expenditure, including road construction and the army. These budgets, too, are never cited by the narrators, ever. Ditto for the rubber tables, which show that far more rubber arrived in Antwerp from French Congo and Angola than from the Free State in the early period. Rubber from Congo Free State accounted for barely 10 per cent of world production. The big supplier was the Amazon with 70%.

In early 2016, Amazon was given a license by the Federal Maritime Commission to implement ocean freight services as an Ocean Transportation Intermediary. So, Amazon can now ship others’ goods. This new service, dubbed Fulfillment by Amazon (FBA), won’t do much directly for individual consumers. But it will allow Amazon’s Chinese partners to more easily and cost-effectively get their products across the Pacific in containers. Want to bet how long it will take Amazon to dominate the oceanic transport business? 67 The market to ship stuff (mostly) across the Pacific is a $ 350 billion business, but a low-margin one. Shippers charge $ 1,300 to ship a forty-foot container holding up to 10,000 units of product (13 cents per unit, or just under $ 10 to deliver a flatscreen TV). It’s a down-and-dirty business, unless you’re Amazon. The biggest component of that cost comes from labor: unloading and loading the ships and the paperwork. Amazon can deploy hardware (robotics) and software to reduce these costs. Combined with the company’s fledgling aircraft fleet, this could prove another huge business for Amazon. 68 Between drones, 757/ 767s, tractor trailers, trans-Pacific shipping, and retired military generals (no joke) who oversaw the world’s most complex logistics operations (try supplying submarines and aircraft carriers that don’t surface or dock more than once every six months), Amazon is building the most robust logistics infrastructure in history. If you’re like me, this can only leave you in awe: I can’t even make sure I have Gatorade in the fridge when I need it.

After the sprout had broken through the (surface of) the ground," the handbook continues, the farmer should say a prayer to Ninkilim, the goddess of field mice and vermin, lest they harm the growing grain; he should also scare off the flying birds. When the barley has grown sufficiently to fill the narrow bottoms of the furrows, it is time to water it; and when it "stands high as (the straw of) a mat in the middle of a boat," it is time to water it a second time. He is to water it a third time when it is "royal" barley, that is, when it has reached its full height. Should he then notice a reddening of the wet grain, it is the dread samana-dis- ease, which endangers the crops. If the barley is doing well, however, he is to water it a fourth time and thus obtain an extra yield of 10 per cent.

My mother worked as a saleslady at the well-known Five Corner bakery in Journal Square during the day. Her orders were that I do at least one page of homework for every one of my subjects before she came home. It didn’t matter what my teachers would assign, those were her rules and I didn’t dare to violate them! However, I usually allowed others to make the rules and then decide whether I would follow them. Turning on our small Bakelite radio, I would ignore my mother’s rules and listen to my favorite adventure shows. “Jack Armstrong, the All-American Boy, Superman, who could leap tall buildings in a single bound, and Tom Mix were my favorite daily half-hour radio programs during the week. Tom Mix was forever solving some mystery that I could help him with, since I had a decoder badge that cost only 10 cents, along with a box top from a Ralston Purina’s “Wheat Chex” cereal box. Since it tasted like straw, wanting to get a decoder badge was the only way I would eat this blah cereal for breakfast. The radio shows were way too exciting, and my homework always took second place. When my mother finally came home and saw that I had not done my work, she would get quite upset and make me do twice as much, seated at the kitchen table where she could keep her eye on me. Being under her direct supervision wasn’t much fun, but I would sit there until she was satisfied that I had finished my assignments. My mother showed no mercy! If my father found out about my being lax, there would be hell to pay! For whatever reason, I never seemed to learn…. Oh, woe is me, woe is me…. I was in trouble again… No, I was still in trouble!

Given the country’s low birth rate, more Germans will have to follow Mr Gerloff’s example if companies are to avoid crippling shortages of skilled labour in the coming years. At 21 per cent, Germany already has a higher share of its population over the age of 65 than any other country, bar Japan. Despite a large increase in immigration last year, there are already skills shortages in some sectors, particularly in machine building and healthcare and at small and medium-sized companies in rural areas. But this is only a harbinger of the difficulties to come when German baby boomers begin retiring over the next 15 to 20 years. Between 2010 and 2030 the stock of economically active people is set to decline by almost 10 per cent to 39.1m, according to a 2012 report by the Federal Institute for Vocational Education and Training.

the Big Three own, which include America’s major airlines (American, Delta, United Continental), much of Wall Street (JPMorgan Chase, Wells Fargo, Bank of America, Citigroup) and car makers such as Ford and General Motors. Together, the Big Three are the largest single shareholder in almost 90 per cent of firms listed in the New York Stock Exchange, including Apple, Microsoft, ExxonMobil, General Electric and Coca-Cola. As for the dollar value of the Big Three’s shares, it has too many zeros to mean much. At the time of writing, BlackRock manages nearly $10 trillion in investments, Vanguard $8 trillion and State Street $4 trillion. To make sense of these numbers: they are almost exactly the same as the US national income; or the sum of the national incomes of China and Japan; or the sum of the total income of the eurozone, the UK, Australia, Canada and Switzerland.

He was a big, rather clumsy man, with a substantial bay window that started in the middle of the chest. I should guess that he was less muscular than at first sight he looked. He had large staring blue eyes and a damp and pendulous lower lip. He didn't look in the least like an intellectual. Creative people of his abundant kind never do, of course, but all the talk of Rutherford looking like a farmer was unperceptive nonsense. His was really the kind of face and physique that often goes with great weight of character and gifts. It could easily have been the soma of a great writer. As he talked to his companions in the streets, his voice was three times as loud as any of theirs, and his accent was bizarre…. It was part of his nature that, stupendous as his work was, he should consider it 10 per cent more so. It was also part of his nature that, quite without acting, he should behave constantly as though he were 10 per cent larger than life. Worldly success? He loved every minute of it: flattery, titles, the company of the high official world...But there was that mysterious diffidence behind it all. He hated the faintest suspicion of being patronized, even when he was a world figure. Archbishop Lang was once tactless enough to suggest that he supposed a famous scientist had no time for reading. Rutherford immediately felt that he was being regarded as an ignorant roughneck. He produced a formidable list of his last month’s reading. Then, half innocently, half malevolently: "And what do you manage to read, your Grice?" I am afraid", said the Archbishop, somewhat out of his depth, "that a man in my position doesn't really have the leisure..." Ah yes, your Grice," said Rutherford in triumph, "it must be a dog's life! It must be a dog's life!

Lamar Alexander, the senator from Tennessee and the most senior Republican on the committee, was asking his last questions when a witness interrupted him to point out that Congress was responsible for setting the right level for the minimum wage. Senator Alexander replied that if he could decide, there would be no minimum. No minimum wage at all. Not $15.00. Not $10.00. Not $7.25. Not $5.00. Not $1.00. The comment was delivered quite casually. It wasn’t a grand pronouncement shouted by a crazy, hair-on-fire ideologue. Instead, a longtime U.S. senator stated with calm confidence that if an employer could find someone desperate enough to take a job for fifty cents an hour, then that employer should have the right to pay that wage and not a penny more. He might as well have said that employers could eat cake and the workers could scramble for whatever crumbs fall off the table. For

In Texas in May 1916, a black farm worker named Jesse Washington, accused of murdering the white woman he worked for, was lynched in front of the Waco city hall. Washington was not hanged. First he was castrated, then his fingers were cut off, then he was raised and lowered over a bonfire for two hours, until he finally died. His charred body was then dismembered, the torso dragged through the streets, and other parts of his body sold as souvenirs. It happened in broad daylight, in the middle of the day, as some 10,000 spectators watched, including local officials, police officers and children on their school lunch break. Photographs were taken of Washington’s carbonised body hanging above grinning white people and turned into postcards. That’s the reality of what being ‘one hundred per cent American’ and for ‘America first’ meant to a great many citizens of the United States in the first decades of the twentieth century.

For a start, we should recognise that the idea of being deeply in love with one special partner over a whole lifetime, what we can call Romantic love, is a very new, ambitious and odd concept, which is at best 250 years old. Before then, people lived together of course but without any very high expectations of being blissfully content doing so. It was a purely practical arrangement, entered into for the sake of survival and the children. We should recognise the sheer historical strangeness of the idea of happy coupledom. A good Romantic marriage is evidently theoretically possible, but it may also be extremely unlikely, something only some 5 or 10 per cent of us can ever properly succeed at – which should make any failure feel a good deal less shameful. As a society, we’ve made something normal that’s in fact a profound anomaly. It is as though we’d set up high altitude tight rope walking as a popular sport. No wonder most of us fall off – and might not want to, or be able to, face getting back on.

To summarize my trading strategy for VWAP Moving Average Trend trading: When I am monitoring a Stock in Play and notice a trend is establishing around a moving average (usually 9 EMA) in the Late-Morning session, I consider VWAP Moving Average Trend trading. If the stock has already lost the VWAP (from a VWAP False Breakout), it most likely will stay below the VWAP. Similarly, if the stock squeezed above the VWAP in the Late-Morning session, it is most likely that it will stay above the VWAP, as it means the buyers are in control. Once I learn that either 9 or 20 EMA are acting as either a support or resistance, I buy the stock after confirmation of moving averages as a support, but only if I can clearly see it “held” the VWAP. Similarly, I go short below the moving averages if I have the confirmation that it has “lost” the VWAP in the Late-Morning session. I buy or sell short as close as possible to the moving average line (in order to have a small stop). My stop will usually be 5 to 10 cents below the moving average line or, if a candlestick, close below the moving average (for long positions). For short positions, a close above the moving average would stop me out. I ride the trend until the break of 9 or 20 EMA. Usually, 20 EMA is a stronger support or resistance, so it is better to wait for that. I usually do not use trailing stops and I constantly monitor the trend with my eyes, but I know that many traders also use trailing stops. If the stock is moving really high away from the moving average, offering me an equally really nice unrealized profit, I may take some profit, usually at the 1/4 or half-position. I do not always wait until the break of moving average for my exit. Traders will say: you can never go broke by taking good profits. If the price pulls back to the moving average, I may add again to my position and continue the VWAP Moving Average Trend trade. Remember, when you take profit, you should always bring your stop loss to break-even. Never go red on a stock that you already booked some profit on.

If there are costs to becoming legal, there are also bound to be costs to remaining outside the law. We found that operating outside the world of legal work and business was surprisingly expensive. In Peru, for example, the cost of operating a business extralegally includes paying 10 to 15 per cent of its annual income in bribes and commissions to authorities. Add to such payoffs the costs of avoiding penalties, making transfers outside legal channels and operating from dispersed locations and without credit, and the life of the extralegal entrepreneur turns out to be far more costly and full of daily hassles than that of the legal businessman. Perhaps the most significant cost was caused by the absence of institutions that create incentives for people to seize economic and social opportunities to specialize within the market place. We found that people who could not operate within the law also could not hold property efficiently or enforce contracts through the courts; nor could they reduce uncertainty through limited liability systems and insurance policies, or create stock companies to attract additional capital and share risk. Being unable to raise money for investment, they could not achieve economies of scale or protect their innovations through royalties and patents.

The importance of ethical governance, exemplified by the Norwegian Pension Fund, is highlighted by a deplorable UK government proposal in 2016 to set up a Shale Wealth Fund.38 The fund would receive up to 10 per cent of the revenue generated by fracking (hydraulic fracturing) for shale gas, which could amount to as much as £1 billion over twenty-five years. This would be paid out to communities hosting fracking sites, which could decide to use the money for local projects or distribute it to households in cash. It is hard to avoid the conclusion that this is a bribe to secure local approval of environmentally threatening fracking operations, to which there has been considerable public opposition. Beyond that, there are many equity questions. Why should only people who happen to live in areas with shale gas be beneficiaries? How would the recipient community be defined? Would the payments go only to those living in the designated community at the time the fracking started? Would they be paid as lump sums or on a regular basis, and how long would they last? What about future generations? Can cash payments compensate for the risk of harm to the air, water, landscape and livelihoods? All these questions cast doubt on the equity and ethics of any selective scheme. They underline the need for the principles of wealth funds and dividends from them to be established before they are implemented, and for a governance structure that is independent from government and business. But

In 1969 the Khmer Rouge numbered only about 4,000. By 1975 their numbers were enough to defeat the government forces. Their victory was greatly helped by the American attack on Cambodia, which was carried out as an extension of the Vietnam War. In 1970 a military coup led by Lon Nol, possibly with American support, overthrew the government of Prince Sihanouk, and American and South Vietnamese troops entered Cambodia. One estimate is that 600,000 people, nearly 10 per cent of the Cambodian population, were killed in this extension of the war. Another estimate puts the deaths from the American bombing at 1000,000 peasants. From 1972 to 1973, the quantity of bombs dropped on Cambodia was well over three times that dropped on Japan in the Second World War. The decision to bomb was taken by Richard Nixon and Henry Kissinger and was originally justified on the grounds that North Vietnamese bases had been set up in Cambodia. The intention (according to a later defence by Kissinger’s aide, Peter W. Rodman) was to target only places with few Cambodians: ‘From the Joint Chiefs’ memorandum of April 9, 1969, the White House selected as targets only six base areas minimally populated by civilians. The target areas were given the codenames BREAKFAST, LUNCH, DINNER, SUPPER, SNACK, and DESSERT; the overall programme was given the name MENU.’ Rodman makes the point that SUPPER, for instance, had troop concentrations, anti-aircraft, artillery, rocket and mortar positions, together with other military targets. Even if relatively few Cambodians were killed by the unpleasantly names items on the MENU, each of them was a person leading a life in a country not at war with the United States. And, as the bombing continued, these relative restraints were loosened. To these political decisions, physical and psychological distance made their familiar contribution. Roger Morris, a member of Kissinger’s staff, later described the deadened human responses: Though they spoke of terrible human suffering reality was sealed off by their trite, lifeless vernacular: 'capabilities', 'objectives', 'our chips', 'giveaway'. It was a matter, too, of culture and style. They spoke with the cool, deliberate detachment of men who believe the banishment of feeling renders them wise and, more important, credible to other men… They neither understood the foreign policy they were dealing with, nor were deeply moved by the bloodshed and suffering they administered to their stereo-types. On the ground the stereotypes were replaced by people. In the villages hit by bombs and napalm, peasants were wounded or killed, often being burnt to death. Those who left alive took refuge in the forests. One Western ob-server commented, ‘it is difficult to imagine the intensity of their hatred to-wards those who are destroying their villages and property’. A raid killed twenty people in the village of Chalong. Afterwards seventy people from Chalong joined the Khmer Rouge. Prince Sihanouk said that Richard Nixon and Henry Kissinger created the Khmer Rouge by expanding the war into Cambodia.

In the Middle Ages, sugar was a rare luxury in Europe. It was imported from the Middle East at prohibitive prices and used sparingly as a secret ingredient in delicacies and snake-oil medicines. After large sugar plantations were established in America, ever-increasing amounts of sugar began to reach Europe. The price of sugar dropped and Europe developed an insatiable sweet tooth. Entrepreneurs met this need by producing huge quantities of sweets: cakes, cookies, chocolate, candy, and sweetened beverages such as cocoa, coffee and tea. The annual sugar intake of the average Englishman rose from near zero in the early seventeenth century to around eighteen pounds in the early nineteenth century. However, growing cane and extracting its sugar was a labour-intensive business. Few people wanted to work long hours in malaria-infested sugar fields under a tropical sun. Contract labourers would have produced a commodity too expensive for mass consumption. Sensitive to market forces, and greedy for profits and economic growth, European plantation owners switched to slaves. From the sixteenth to the nineteenth centuries, about 10 million African slaves were imported to America. About 70 per cent of them worked on the sugar plantations. Labour conditions were abominable. Most slaves lived a short and miserable life, and millions more died during wars waged to capture slaves or during the long voyage from inner Africa to the shores of America. All this so that Europeans could enjoy their sweet tea and candy – and sugar barons could enjoy huge profits. The slave trade was not

she feels lucky to have a job, but she is pretty blunt about what it is like to work at Walmart: she hates it. She’s worked at the local Walmart for nine years now, spending long hours on her feet waiting on customers and wrestling heavy merchandise around the store. But that’s not the part that galls her. Last year, management told the employees that they would get a significant raise. While driving to work or sorting laundry, Gina thought about how she could spend that extra money. Do some repairs around the house. Or set aside a few dollars in case of an emergency. Or help her sons, because “that’s what moms do.” And just before drifting off to sleep, she’d think about how she hadn’t had any new clothes in years. Maybe, just maybe. For weeks, she smiled at the notion. She thought about how Walmart was finally going to show some sign of respect for the work she and her coworkers did. She rolled the phrase over in her mind: “significant raise.” She imagined what that might mean. Maybe $2.00 more an hour? Or $2.50? That could add up to $80 a week, even $100. The thought was delicious. Then the day arrived when she received the letter informing her of the raise: 21 cents an hour. A whopping 21 cents. For a grand total of $1.68 a day, $8.40 a week. Gina described holding the letter and looking at it and feeling like it was “a spit in the face.” As she talked about the minuscule raise, her voice filled with anger. Anger, tinged with fear. Walmart could dump all over her, but she knew she would take it. She still needed this job. They could treat her like dirt, and she would still have to show up. And that’s exactly what they did. In 2015, Walmart made $14.69 billion in profits, and Walmart’s investors pocketed $10.4 billion from dividends and share repurchases—and Gina got 21 cents an hour more. This isn’t a story of shared sacrifice. It’s not a story about a company that is struggling to keep its doors open in tough times. This isn’t a small business that can’t afford generous raises. Just the opposite: this is a fabulously wealthy company making big bucks off the Ginas of the world. There are seven members of the Walton family, Walmart’s major shareholders, on the Forbes list of the country’s four hundred richest people, and together these seven Waltons have as much wealth as about 130 million other Americans. Seven people—not enough to fill the lineup of a softball team—and they have more money than 40 percent of our nation’s population put together. Walmart routinely squeezes its workers, not because it has to, but because it can. The idea that when the company does well, the employees do well, too, clearly doesn’t apply to giants like this one. Walmart is the largest employer in the country. More than a million and a half Americans are working to make this corporation among the most profitable in the world. Meanwhile, Gina points out that at her store, “almost all the young people are on food stamps.” And it’s not just her store. Across the country, Walmart pays such low wages that many of its employees rely on food stamps, rent assistance, Medicaid, and a mix of other government benefits, just to stay out of poverty. The

Bitcoin is not a currency. Bitcoin is the internet of money. As a technology, it can bring economic inclusion and empowerment to billions of people in the world. I’ll give you one example of a specific application that is going to fundamentally change the lives of more than a billion people in the next five to ten years. ​ Every day, an immigrant somewhere cashes their paycheck and stands in line to wire 50 percent of that paycheck back to their home country to feed their extended family. Here in the US, 60 million people have no bank accounts, yet they cash their paychecks and send them abroad. Overall in the world, $550 billion is transmitted every year as remittances from first-world countries. Much of that money is sent to five major destinations: Mexico, India, the Philippines, Indonesia, and China. In some of these places, remittances represent up to 40 percent of the local economy. Sitting on top of that flow of $550 billion are companies like Western Union, and they take, on average, a cut of 9 percent of every single one of these transactions out of the pockets of the poorest people of the world. Imagine what happens when one day one of these immigrants figures out they can do the same thing with bitcoin — not for 15 percent, not 10 percent, not 5 percent, but for 5 cents. Not a percentage; a flat fee. What happens when they can do that? They can, right now. There is a startup company that is handling remittances between the US and the Philippines. They’re doing a few million dollars right now, but they’re going to start growing. There’s $500 billion sitting behind that dam. When you’re an immigrant and you can change your financial future by not paying 9 percent to send money home, imagine what happens if every month, instead of sending 91 dollars home, you send 100 dollars home. That makes a difference. There are a billion people, right now, with access to the internet and feature phones who could use bitcoin as an international wire-transfer service.

To summarize the strategy: An Angel is a low float Stock in Play which is gapping with heavy volume in the pre-market. At the market Open, our Angel makes a new high of the day but sells off quickly. You do not want to jump into the trade yet, not until it consolidates around an important trading level such as the low of the pre-market, or moving averages on your daily or 5-minute chart. This is where our Angel will have fallen to. As soon as the stock is coming back up with heavy volume, that is the place you take the trade to the long side. The entry signal is to see a new 1-minute or 5-minute high after the consolidation with MASSIVE volume only. You must remember that the volume on the way up needs to be significantly higher than previous candlesticks. The stop loss is below the consolidation period. The profit target can be (1) VWAP, (2) the then high of the day, (3) the high of the pre-market, and (4) any other important level nearby such as Y High or Y Low. If you don’t see an obvious support level and consolidation, do not trade the stock. If you see a breakout but it does not have strong volume, do not trade the stock. Fallen Angel is generally a difficult strategy to trade, especially since it is difficult to manage the risk in. You will have seen in the above examples that most of the drops are sharp, and if you are not quick in getting out of a losing trade, you may get stuck in a very bad position and be forced to accept a heavy loss. Remember, these stocks often gapped up significantly and can lose the majority of their gap during the day, so holding them during the day may not be a good idea, especially if volume is dropping during the day. I recommend trading this strategy in the simulator for some period of time before trading it live. When you go live, make sure to take small size. I know, it is easy to take a 10,000 share on a $1 stock, but remember, every cent up and down in a $1 stock is the equivalent of a 1% swing in your position. I usually take 4,000 shares for low float stocks below $10.

the Cook expedition had another, far less benign result. Cook was not only an experienced seaman and geographer, but also a naval officer. The Royal Society financed a large part of the expedition’s expenses, but the ship itself was provided by the Royal Navy. The navy also seconded eighty-five well-armed sailors and marines, and equipped the ship with artillery, muskets, gunpowder and other weaponry. Much of the information collected by the expedition – particularly the astronomical, geographical, meteorological and anthropological data – was of obvious political and military value. The discovery of an effective treatment for scurvy greatly contributed to British control of the world’s oceans and its ability to send armies to the other side of the world. Cook claimed for Britain many of the islands and lands he ‘discovered’, most notably Australia. The Cook expedition laid the foundation for the British occupation of the south-western Pacific Ocean; for the conquest of Australia, Tasmania and New Zealand; for the settlement of millions of Europeans in the new colonies; and for the extermination of their native cultures and most of their native populations.2 In the century following the Cook expedition, the most fertile lands of Australia and New Zealand were taken from their previous inhabitants by European settlers. The native population dropped by up to 90 per cent and the survivors were subjected to a harsh regime of racial oppression. For the Aborigines of Australia and the Maoris of New Zealand, the Cook expedition was the beginning of a catastrophe from which they have never recovered. An even worse fate befell the natives of Tasmania. Having survived for 10,000 years in splendid isolation, they were completely wiped out, to the last man, woman and child, within a century of Cook’s arrival. European settlers first drove them off the richest parts of the island, and then, coveting even the remaining wilderness, hunted them down and killed them systematically. The few survivors were hounded into an evangelical concentration camp, where well-meaning but not particularly open-minded missionaries tried to indoctrinate them in the ways of the modern world. The Tasmanians were instructed in reading and writing, Christianity and various ‘productive skills’ such as sewing clothes and farming. But they refused to learn. They became ever more melancholic, stopped having children, lost all interest in life, and finally chose the only escape route from the modern world of science and progress – death. Alas,

What is the use of half an eye?’ and ‘What is the use of half a wing?’ are both instances of the argument from ‘irreducible complexity’. A functioning unit is said to be irreducibly complex if the removal of one of its parts causes the whole to cease functioning. This has been assumed to be self-evident for both eyes and wings. But as soon as we give these assumptions a moment’s thought, we immediately see the fallacy. A cataract patient with the lens of her eye surgically removed can’t see clear images without glasses, but can see enough not to bump into a tree or fall over a cliff. Half a wing is indeed not as good as a whole wing, but it is certainly better than no wing at all. Half a wing could save your life by easing your fall from a tree of a certain height. And 51 per cent of a wing could save you if you fall from a slightly taller tree. Whatever fraction of a wing you have, there is a fall from which it will save your life where a slightly smaller winglet would not. The thought experiment of trees of different height, from which one might fall, is just one way to see, in theory, that there must be a smooth gradient of advantage all the way from 1 per cent of a wing to 100 per cent. The forests are replete with gliding or parachuting animals illustrating, in practice, every step of the way up that particular slope of Mount Improbable. By analogy with the trees of different height, it is easy to imagine situations in which half an eye would save the life of an animal where 49 per cent of an eye would not. Smooth gradients are provided by variations in lighting conditions, variations in the distance at which you catch sight of your prey – or your predators. And, as with wings and flight surfaces, plausible intermediates are not only easy to imagine: they are abundant all around the animal kingdom. A flatworm has an eye that, by any sensible measure, is less than half a human eye. Nautilus (and perhaps its extinct ammonite cousins who dominated Paleozoic and Mesozoic seas) has an eye that is intermediate in quality between flatworm and human. Unlike the flatworm eye, which can detect light and shade but see no image, the Nautilus ‘pinhole camera’ eye makes a real image; but it is a blurred and dim image compared to ours. It would be spurious precision to put numbers on the improvement, but nobody could sanely deny that these invertebrate eyes, and many others, are all better than no eye at all, and all lie on a continuous and shallow slope up Mount Improbable, with our eyes near a peak – not the highest peak but a high one.

Inside McClintic Sphere was swinging his ass off. His skin was hard, as if it were part of the skull: every vein and whisker on that head stood out sharp and clear under the green baby spot: you could see the twin lines running down from either side of his lower lip, etched in by the force of his embouchure, looking like extensions of his mustache. He blew a hand-carved ivory alto saxophone with a 4 ½ reed and the sound was like nothing any of them had heard before. The usual divisions prevailed: collegians did not dig, and left after an average of 1 ½ sets. Personnel from other groups, either with a night off or taking a long break from somewhere crosstown or uptown, listened hard, trying to dig. 'I am still thinking,’ they would say if you asked. People at the bar all looked as if they did dig in the sense of understand, approve of, empathize with: but this was probably only because people who prefer to stand at the bar have, universally, an inscrutable look… …The group on the stand had no piano: it was bass, drums, McClintic and a boy he had found in the Ozarks who blew a natural horn in F. The drummer was a group man who avoided pyrotechnics, which may have irritated the college crowd. The bass was small and evil-looking and his eyes were yellow with pinpoints in the center. He talked to his instrument. It was taller than he was and didn’t seem to be listening. Horn and alto together favored sixths and minor fourths and when this happened it was like a knife fight or tug of war: the sound was consonant but as if cross-purposes were in the air. The solos of McClintic Sphere were something else. There were people around, mostly those who wrote for Downbeat magazine or the liners of LP records, who seemed to feel he played disregarding chord changes completely. They talked a great deal about soul and the anti-intellectual and the rising rhythms of African nationalism. It was a new conception, they said, and some of them said: Bird Lives. Since the soul of Charlie Parker had dissolved away into a hostile March wind nearly a year before, a great deal of nonsense had been spoken and written about him. Much more was to come, some is still being written today. He was the greatest alto on the postwar scene and when he left it some curious negative will–a reluctance and refusal to believe in the final, cold fact–possessed the lunatic fringe to scrawl in every subway station, on sidewalks, in pissoirs, the denial: Bird Lives. So that among the people in the V-Note that night were, at a conservative estimate, a dreamy 10 per cent who had not got the word, and saw in McClintic Sphere a kind of reincarnation.

Dear KDP Author, Just ahead of World War II, there was a radical invention that shook the foundations of book publishing. It was the paperback book. This was a time when movie tickets cost 10 or 20 cents, and books cost $2.50. The new paperback cost 25 cents – it was ten times cheaper. Readers loved the paperback and millions of copies were sold in just the first year. With it being so inexpensive and with so many more people able to afford to buy and read books, you would think the literary establishment of the day would have celebrated the invention of the paperback, yes? Nope. Instead, they dug in and circled the wagons. They believed low cost paperbacks would destroy literary culture and harm the industry (not to mention their own bank accounts). Many bookstores refused to stock them, and the early paperback publishers had to use unconventional methods of distribution – places like newsstands and drugstores. The famous author George Orwell came out publicly and said about the new paperback format, if “publishers had any sense, they would combine against them and suppress them.” Yes, George Orwell was suggesting collusion. Well… history doesn’t repeat itself, but it does rhyme. Fast forward to today, and it’s the e-book’s turn to be opposed by the literary establishment. Amazon and Hachette – a big US publisher and part of a $10 billion media conglomerate – are in the middle of a business dispute about e-books. We want lower e-book prices. Hachette does not. Many e-books are being released at $14.99 and even $19.99. That is unjustifiably high for an e-book. With an e-book, there’s no printing, no over-printing, no need to forecast, no returns, no lost sales due to out of stock, no warehousing costs, no transportation costs, and there is no secondary market – e-books cannot be resold as used books. E-books can and should be less expensive. Perhaps channeling Orwell’s decades old suggestion, Hachette has already been caught illegally colluding with its competitors to raise e-book prices. So far those parties have paid $166 million in penalties and restitution. Colluding with its competitors to raise prices wasn’t only illegal, it was also highly disrespectful to Hachette’s readers. The fact is many established incumbents in the industry have taken the position that lower e-book prices will “devalue books” and hurt “Arts and Letters.” They’re wrong. Just as paperbacks did not destroy book culture despite being ten times cheaper, neither will e-books. On the contrary, paperbacks ended up rejuvenating the book industry and making it stronger. The same will happen with e-books. Many inside the echo-chamber of the industry often draw the box too small. They think books only compete against books. But in reality, books compete against mobile games, television, movies, Facebook, blogs, free news sites and more. If we want a healthy reading culture, we have to work hard to be sure books actually are competitive against these other media types, and a big part of that is working hard to make books less expensive. Moreover, e-books are highly price elastic. This means that when the price goes down, customers buy much more. We've quantified the price elasticity of e-books from repeated measurements across many titles. For every copy an e-book would sell at $14.99, it would sell 1.74 copies if priced at $9.99. So, for example, if customers would buy 100,000 copies of a particular e-book at $14.99, then customers would buy 174,000 copies of that same e-book at $9.99. Total revenue at $14.99 would be $1,499,000. Total revenue at $9.99 is $1,738,000. The important thing to note here is that the lower price is good for all parties involved: the customer is paying 33% less and the author is getting a royalty check 16% larger and being read by an audience that’s 74% larger. The pie is simply bigger.

Keynes was a voracious reader. He had what he called ‘one of the best of all gifts – the eye which can pick up the print effortlessly’. If one was to be a good reader, that is to read as easily as one breathed, practice was needed. ‘I read the newspapers because they’re mostly trash,’ he said in 1936. ‘Newspapers are good practice in learning how to skip; and, if he is not to lose his time, every serious reader must have this art.’ Travelling by train from New York to Washington in 1943, Keynes awed his fellow passengers by the speed with which he devoured newspapers and periodicals as well as discussing modern art, the desolate American landscape and the absence of birds compared with English countryside.54 ‘As a general rule,’ Keynes propounded as an undergraduate, ‘I hate books that end badly; I always want the characters to be happy.’ Thirty years later he deplored contemporary novels as ‘heavy-going’, with ‘such misunderstood, mishandled, misshapen, such muddled handling of human hopes’. Self-indulgent regrets, defeatism, railing against fate, gloom about future prospects: all these were anathema to Keynes in literature as in life. The modern classic he recommended in 1936 was Forster’s A Room with a View, which had been published nearly thirty years earlier. He was, however, grateful for the ‘perfect relaxation’ provided by those ‘unpretending, workmanlike, ingenious, abundant, delightful heaven-sent entertainers’, Agatha Christie, Edgar Wallace and P. G. Wodehouse. ‘There is a great purity in these writers, a remarkable absence of falsity and fudge, so that they live and move, serene, Olympian and aloof, free from any pretended contact with the realities of life.’ Keynes preferred memoirs as ‘more agreeable and amusing, so much more touching, bringing so much more of the pattern of life, than … the daydreams of a nervous wreck, which is the average modern novel’. He loved good theatre, settling into his seat at the first night of a production of Turgenev’s A Month in the Country with a blissful sigh and the words, ‘Ah! this is the loveliest play in all the world.’55 Rather as Keynes was a grabby eater, with table-manners that offended Norton and other Bloomsbury groupers, so he could be impatient to reach the end of books. In the inter-war period publishers used to have a ‘gathering’ of eight or sixteen pages at the back of their volumes to publicize their other books-in-print. He excised these advertisements while reading a book, so that as he turned a page he could always see how far he must go before finishing. A reader, said Keynes, should approach books ‘with all his senses; he should know their touch and their smell. He should learn how to take them in his hands, rustle their pages and reach in a few seconds a first intuitive impression of what they contain. He should … have touched many thousands, at least ten times as many as he reads. He should cast an eye over books as a shepherd over sheep, and judge them with the rapid, searching glance with which a cattle-dealer eyes cattle.’ Keynes in 1927 reproached his fellow countrymen for their low expenditure in bookshops. ‘How many people spend even £10 a year on books? How many spend 1 per cent of their incomes? To buy a book ought to be felt not as an extravagance, but as a good deed, a social duty which blesses him who does it.’ He wished to muster ‘a mighty army … of Bookworms, pledged to spend £10 a year on books, and, in the higher ranks of the Brotherhood, to buy a book a week’. Keynes was a votary of good bookshops, whether their stock was new or second-hand. ‘A bookshop is not like a railway booking-office which one approaches knowing what one wants. One should enter it vaguely, almost in a dream, and allow what is there freely to attract and influence the eye. To walk the rounds of the bookshops, dipping in as curiosity dictates, should be an afternoon’s entertainment.

The Antigua cruise port of Saint. Johns almost guarantees that site visitors will find a lot of beaches pertaining to swimming as well as sunbathing. It isn't really an official promise. It's just that the island features 365 beaches or one for every day's the year. Vacation cruise visitors will see that the cruise amsterdam shorelines are not correct by the docks as they might find within other locations such as Philipsburg, St. Maarten. Getting to the higher beaches will need transportation by means of pre-arranged excursion shuttle, taxi as well as car rental. However, they will likely find that shorelines are peaceful, peaceful and uncrowded because there are a lot of them. 3 beaches in close proximity to St. Johns are Runaway These types of, Dickinson Beach and Miller's Beach (also called Fort These types of Beach). Saint. Johns Antigua Visit It is possible to look, dine as well as spend time at the actual beach after a cruise pay a visit to. Anyone who doesn't have interest in a seaside will find plenty of shopping right by the Barbados cruise fatal. Heritage Quay is the main searching area. It's got many stalls filled with colorful things to acquire, some community and some not really. Negotiating over price is widespread and recognized. Redcliffe Quay is close to Heritage and provides many further shopping and also dining chances. Walk somewhat farther and you'll find yourself upon well-maintained streets with more traditional searching. U.Ersus. currency and a lot major charge cards are accepted everywhere. Tipping is common which has a recommended range of 10 to 15 per cent. English will be the official words. Attractions Similar to most Caribbean islands, Antigua provides strong beginnings in Yesteryear history. Your island's main traditional district and something of its most favored attractions can be English Harbor. Antigua's historic section was created as a bottom for the United kingdom navy in the 1700s right up until its closure in 1889. It is now part of the 15 square mls of Nelson's Dockyard Countrywide Park.

Are vegetarian diets an effective alternative, or complement, to drugs and surgery? Although studies designed to answer this question are limited in number and small in size, their results are encouraging. In 1990, Dr. Dean Ornish demonstrated that a very low-fat vegetarian diet (less than 10 per cent calories from fat) and lifestyle changes (stress management, aerobic exercise, and group therapy) could not only slow the progression of atherosclerosis, but significantly reverse it. After one year, 82 per cent of the experimental group participants experienced regression of their disease, while in the control group the disease continued to progress. The control group followed a “heart healthy” diet commonly prescribed by physicians that provided less than 30 per cent calories from fat and less than 200 milligrams of cholesterol a day. Over the next four years, people in the experimental group continued to reverse their arterial damage, while those in the control group became steadily worse and had twice as many cardiac events. In 1999, Dr. Caldwell Esselstyn reported on a twelve-year study of eleven patients following a very low-fat vegan diet, coupled with cholesterol-lowering medication. Approximately 70 per cent experienced reversal of their disease. In the eight years prior to the study, these patients experienced a total of forty-eight cardiac events, while in over a decade of the trial, only one non-compliant patient experienced an event.

One of our nation’s biggest challenges is the upliftment of the 270 million people who are below the poverty line. They need housing, food, healthcare, and they need education and employment, which will enable them to lead a good life. Our GDP is oscillating between 4-6 per cent per annum, whereas economists suggest that to uplift the people living below the poverty line, our economy has to grow at the rate of 10 per cent per annum consistently for over a decade.

The hospital is a kind of zombie-land full of hideous monsters with bandaged heads, half skulls, dragging the left half of their body, trailing a leg behind them as they go, surrounded by sticks and helpers and dribble. Any one of them could be the future you. Is this really better, or is it worse? Is a short life better – or is a longer life half-lived worth more? I used to dread my appointments in that place, a place of cures but also a place of horrors around every corner, reminders of what you might become. What would those people give to be normal, assuming they even knew what that was anymore? And just two blocks away – a busy road, people driving without a care in the world. Jogging without thinking, their biggest drama being the fact that their phone is on 10 per cent charge.

Power generation through renewable energy has to be increased from 5 per cent to 28 per cent. Dependence on fossil fuels as primary energy source needs to be brought under 50 per cent from the present 75 per cent. Mandating the use of ethanol from 10 per cent to 20 per cent and the associated public policy for ethanol development by the sugarcane industry is also required. There is also a need for a sustainable biofuel policy for generating 60 million tonnes of biofuel, along with the use of alternate sources such as emulsification, bio-algae and hydrogen fuel.

The finger-like projections grow longer at the insistence of microbes, making the surface area large enough to capture the energy it needs from food. It’s been estimated that rats would need about 30 per cent more to eat if it weren’t for their microbes.

Because of this substrate independence, clever engineers have been able to repeatedly replace the memory devices inside our computers with dramatically better ones, based on new technologies, without requiring any changes whatsoever to our software. The result has been spectacular, as illustrated in figure 2.4: over the past six decades, computer memory has gotten half as expensive roughly every couple of years. Hard drives have gotten over 100 million times cheaper, and the faster memories useful for computation rather than mere storage have become a whopping 10 trillion times cheaper. If you could get such a “99.99999999999% off” discount on all your shopping, you could buy all real estate in New York City for about 10 cents and all the gold that’s ever been mined for around a dollar.

Studies have shown that if a close friend of ours is happy, we’re 15 per cent more likely to be happy ourselves. If a close contact of that friend is happy (e.g. their partner), we’re 10 per cent more likely to be happy. If a friend of a friend of our friend is happy, our chances of happiness are increased by 6 per cent. Each happy person that we have in our life increases our own likelihood of wellbeing by 9 per cent.1 Unhappiness is also contagious, and the influence extends to other kinds of feelings and behaviours too – if your friends are overweight, you are more likely to be overweight, and if your friends don’t smoke, it’ll be easier for you to give up smoking. Having a network of family and friends giving strong social support is known to be associated with increased immunity to infection, lower risk of illnesses such as heart disease, and reduced rates of depression.2

Economics is a notoriously complicated subject. To make things easier, let’s imagine a simple example. Samuel Greedy, a shrewd financier, founds a bank in El Dorado, California. A. A. Stone, an up-and-coming contractor in El Dorado, finishes his first big job, receiving payment in cash to the tune of $1 million. He deposits this sum in Mr Greedy’s bank. The bank now has $1 million in capital. In the meantime, Jane McDoughnut, an experienced but impecunious El Dorado chef, thinks she sees a business opportunity – there’s no really good bakery in her part of town. But she doesn’t have enough money of her own to buy a proper facility complete with industrial ovens, sinks, knives and pots. She goes to the bank, presents her business plan to Greedy, and persuades him that it’s a worthwhile investment. He issues her a $1 million loan, by crediting her account in the bank with that sum. McDoughnut now hires Stone, the contractor, to build and furnish her bakery. His price is $1,000,000. When she pays him, with a cheque drawn on her account, Stone deposits it in his account in the Greedy bank. So how much money does Stone have in his bank account? Right, $2 million. How much money, cash, is actually located in the bank’s safe? Yes, $1 million. It doesn’t stop there. As contractors are wont to do, two months into the job Stone informs McDoughnut that, due to unforeseen problems and expenses, the bill for constructing the bakery will actually be $2 million. Mrs McDoughnut is not pleased, but she can hardly stop the job in the middle. So she pays another visit to the bank, convinces Mr Greedy to give her an additional loan, and he puts another $1 million in her account. She transfers the money to the contractor’s account. How much money does Stone have in his account now? He’s got $3 million. But how much money is actually sitting in the bank? Still just $1 million. In fact, the same $1 million that’s been in the bank all along. Current US banking law permits the bank to repeat this exercise seven more times. The contractor would eventually have $10 million in his account, even though the bank still has but $1 million in its vaults. Banks are allowed to loan $10 for every dollar they actually possess, which means that 90 per cent of all the money in our bank accounts is not covered by actual coins and notes.2 If all of the account holders at Barclays Bank suddenly demand their money, Barclays will promptly collapse (unless the government steps in to save it). The same is true of Lloyds, Deutsche Bank, Citibank, and all other banks in the world. It sounds like a giant Ponzi scheme, doesn’t it? But if it’s a fraud, then the entire modern economy is a fraud. The fact is, it’s not a deception, but rather a tribute to the amazing abilities of the human imagination. What enables banks – and the entire economy – to survive and flourish is our trust in the future. This trust is the sole backing for most of the money in the world.

Smári has scrutinized current National Security Agency (NSA) programs revealed by Edward Snowden and the overall security budget of the U.S. government, and calculated it currently costs 13 cents a day to spy on every internet user in the world. He hopes that default encryption services like his will push that closer to $10,000. It’s not to stop people being spied on—he agrees that’s sometimes necessary—but rather to drastically limit it. At this inflated cost he estimates the U.S. government would only be able to afford to keep tabs on around 30,000 people. “If we can’t trust the government to do only those things that are necessary and proportionate—and we can’t—then economics can force them to.

Organisations that are consistently successful have strong systems and a framework to enforce those systems. In the course of our corporate sessions we often ask people, and the larger teams they represent, what their one per cent things are and how much time they spend practicing working on them. Doing the one per cent things is a sign of humility, while on the other hand ignoring them would be a mark of arrogance. It is also a great indicator of work ethic, the one factor more than any other that contributes to winning consistently. I fear not the man who practiced 10,000 kicks once. I fear the man who practiced one kick 10,000 times. —Bruce Lee

It has been determined that between 2 per cent and 4 per cent of the genetic blueprint of present-day non-Africans has come from Neanderthals. Anthropologist Erik Trinkhaus, of Washington University in St Louis, Missouri, who has long argued for Neanderthal–modern human interbreeding based on skeletal evidence, believes it could be far higher – maybe 10, or even 20, per cent.

In terms of prioritizing disbursing new loans to borrowers versus repaying banks, my logic was that in microfinance, the confidence of the borrowers is everything. If we slow down—or worse yet, stop—disbursements, and borrowers think the institution will fold, they will stop paying en masse. It is effectively the reverse of a run-on-the-bank. In AP, for example, the MFI Act prohibited us from giving borrowers new loans, and sure enough, borrowers lost confidence in SKS, and our repayments in AP dropped from 98 per cent to 10 per cent in three months. It was game over. We had to write off Rs 1300 crores.

Although for several centuries the Roman Catholic Church was the only legal religion in Latin America, its popular support was neither wide nor deep.5 Many huge rural areas were without churches or priests, a vacuum in which indigenous faiths persisted.6 Even in the large cities with their splendid cathedrals, mass attendance was very low – as recently as the 1950s perhaps only 10 to, at most, 20 per cent of Latin Americans were active participants in the faith.7 Reflective of the superficiality of Latin Catholicism, so few men entered the priesthood that all across the continent most of the priests had always been imported from abroad.

small town in eastern Belgium, southeast of Liège; pop. 10,140. It has been celebrated since medieval times for the curative properties of its mineral springs. spa   n. a mineral spring considered to have health-giving properties.    a place or resort with such a spring.  a commercial establishment offering health and beauty treatment through such means as steam baths, exercise equipment, and massage.  a bath or small pool containing hot aerated water.  early 17th cent.: from SPA.

Imagine a happy hour where you could either buy yourself a beer for five dollars or buy someone else a beer for five cents. If that were the case, we’d probably be pretty generous—next round’s on me! But that’s effectively the situation we’re in all the time. It’s like a 99-percent-off sale, or getting 10,000 percent extra free. It might be the most amazing deal you’ll see in your life.

In a psychological experiment that deserves to be far better known outside the trade, Bruner and Postman asked experimental subjects to identify on short and controlled exposure a series of playing cards. Many of the cards were normal, but some were made anomalous, e.g., a red six of spades and a black four of hearts. Each experimental run was constituted by the display of a single card to a single subject in a series of gradually increased exposures. After each exposure the subject was asked what he had seen, and the run was terminated by two successive correct identifications.12 Even on the shortest exposures many subjects identified most of the cards, and after a small increase all the subjects identified them all. For the normal cards these identifications were usually correct, but the anomalous cards were almost always identified, without apparent hesitation or puzzlement, as normal. The black four of hearts might, for example, be identified as the four of either spades or hearts. Without any awareness of trouble, it was immediately fitted to one of the conceptual categories prepared by prior experience. One would not even like to say that the subjects had seen something different from what they identified. With a further increase of exposure to the anomalous cards, subjects did begin to hesitate and to display awareness of anomaly. Exposed, for example, to the red six of spades, some would say: That’s the six of spades, but there’s something wrong with it—the black has a red border. Further increase of exposure resulted in still more hesitation and confusion until finally, and sometimes quite suddenly, most subjects would produce the correct identification without hesitation. Moreover, after doing this with two or three of the anomalous cards, they would have little further difficulty with the others. A few subjects, however, were never able to make the requisite adjustment of their categories. Even at forty times the average exposure required to recognize normal cards for what they were, more than 10 per cent of the anomalous cards were not correctly identified. And the subjects who then failed often experienced acute personal distress. One of them exclaimed: “I can’t make the suit out, whatever it is. It didn’t even look like a card that time. I don’t know what color it is now or whether it’s a spade or a heart. I’m not even sure now what a spade looks like. My God!”13 In the next section we shall occasionally

In an innovative proposal linked to basic income that has attracted interest across the European Union, Philippe van Parijs has suggested that every EU resident (presumably, legal resident) would receive a Euro-Dividend averaging €200 per month, paid for by a 20 per cent value added tax.11 This would amount to about 10 per cent of EU GDP.

Money Facts The Lira was the basic unit of Italian currency from 1861, when Ital was unified, to 2002. That year, Italy adopted the euro, the currency of the European Union (EU). Today, fifteen EU states use the euro. One euro is divided into 100 cents. Bills come in values of 5, 10, 20, 50, 100, 200, and 500 euros. Coins come in values of 1 and 2 euros as well as 1, 2, 5, 10, 20, and 50 cents. In 2008, US$1.00 equaled about 0.63 euros, and 1.00 euro equaled US$1.58. On the front of each euro note is an image of a window or a gateway. On the back is a picture of a bridge. These images do not represent any actual bridges or windows. Instead, they are examples from different historical periods. Each country designs its own euro coins. Italy chose to honor its greatest artists. Its 2-euro coin shows a portrait by the Renaissance artist Raphael. The 1-euro coin shows a drawing of the human body by Leonardo da Vinci. Other Italian coins show a statue of Emperor Marcus Aurelius and Sandro Botticelli’s painting Birth of Venus. The 1-cent coin, the smallest, features Castel del Monte, a thirteenth-century castle near Bari.

Addiction is a human problem that resides in people, not in the drug or in the drug’s capacity to produce physical effects,” writes Lance Dodes, a psychiatrist at the Harvard Medical School Division on Addictions. It is true that some people will become hooked on substances after only a few times of using, with potentially tragic consequences, but to understand why, we have to know what about those individuals makes them vulnerable to addiction. Mere exposure to a stimulant or narcotic or to any other mood-altering chemical does not make a person susceptible. If she becomes an addict, it’s because she’s already at risk. Heroin is considered to be a highly addictive drug — and it is, but only for a small minority of people, as the following example illustrates. It’s well known that many American soldiers serving in the Vietnam War in the late 1960s and early 1970s were regular users. Along with heroin, most of these soldier addicts also used barbiturates or amphetamines or both. According to a study published in the Archives of General Psychiatry in 1975, 20 per cent of the returning enlisted men met the criteria for the diagnosis of addiction while they were in Southeast Asia, whereas before they were shipped overseas fewer than 1 per cent had been opiate addicts. The researchers were astonished to find that “after Vietnam, use of particular drugs and combinations of drugs decreased to near or even below preservice levels.” The remission rate was 95 per cent, “unheard of among narcotics addicts treated in the U.S.” “The high rates of narcotic use and addiction there were truly unlike anything prior in the American experience,” the researchers concluded. “Equally dramatic was the surprisingly high remission rate after return to the United States.” These results suggested that the addiction did not arise from the heroin itself but from the needs of the men who used the drug. Otherwise, most of them would have remained addicts. As with opiates so, too, with the other commonly abused drugs. Most people who try them, even repeatedly, will not become addicted. According to a U.S. national survey, the highest rate of dependence after any use is for tobacco: 32 per cent of people who used nicotine even once went on to long-term habitual use. For alcohol, marijuana and cocaine the rate is about 15 per cent and for heroin the rate is 23 per cent. Taken together, American and Canadian population surveys indicate that merely having used cocaine a number of times is associated with an addiction risk of less than 10 per cent. This doesn’t prove, of course, that nicotine is “more” addictive than, say, cocaine. We cannot know, since tobacco — unlike cocaine — is legally available, commercially promoted and remains, more or less, a socially tolerated object of addiction. What such statistics do show is that whatever a drug’s physical effects and powers, they cannot be the sole cause of addiction.

Taking into account the findings of many scholars, Seligman offers the happiness formula: H = S + C + V, where H stands for happiness, S for a set range, C for the circumstances and V for the factors under voluntary control. S is a genetically determined level of happiness, which remains relatively stable throughout the lifespan and returns to its original level soon after the majority of significant life events. It determines happiness up to about 50 per cent. C is the circumstances we’ve already considered (and accounts for about 10 per cent). So, if you want to be happy, get married, join a church but don’t bother about making more money, staying healthy, getting educated or moving to a sunnier climate. Finally, factors under voluntary control (V) refer to intentional and effortful practices a person can choose to engage in (which account for about 40 per cent) (Seligman, 2002). Of course, this formula is far from perfect. Genes and marriage are hardly the same fruit, and are more like apples and pears that cannot be added up. Nevertheless, the formula gives an indication of possibility and the room to manoeuvre (the 40 per cent).

Happiness and relationships One of the strongest predictors (and not only correlates!) of happiness is social relationships. In fact, to be happy we need to spend six to seven hours a day in social settings, and up to nine if our jobs are stressful (Rath & Harter, 2010). This applies regardless of whether we are extraverted or introverted (Froh et al., 2007). In their study of exceptionally happy people (10 per cent of 222 college students), Diener and Seligman (2002) found only one main difference between the happiest and the rest of the students. The very happy people had a rich and fulfilling social life. They spent the least time alone, had good relationships with friends and had a current romantic partner. They did not have fewer negative and more positive events, nor differed on amount of sleep, TV watching, exercise, smoking, drinking, etc. Perhaps not surprisingly, frequency of sexual intercourse is strongly associated with happiness. Marriage usually leads to a rapid increase in SWB, which, unfortunately, comes down after a while. However, it does not return to the starting point, but stays at a higher level than before marriage. So marriage changes the set point of SWB, although this change is not large. However, if your relationship is on the rocks, you are likely to be less happy than people who are unmarried or divorced.

One of the most revealing studies of the problem concerns a bird, the blue tit. The females of this species show all of the behaviour we have just described for women. Those lucky ones paired to genetically superior males with the best territories are totally faithful. Neighbouring females, paired to genetically inferior males, take every opportunity to seek infidelity with the superior males. They sneak into the better males' territories, solicit intercourse, then return unobserved to the partner they have just cheated. On average, about a third of young birds in a nest have not been sired by their mother's partner. Actual levels range from 0 per cent in the nests of the most favoured males to about 80 per cent in the nests of the least favoured ones. A surprisingly similar pattern is found in humans. On average, about 10 per cent of children are not sired by their supposed father. Some men, however, have a higher chance of being deceived in this way than others — and it is those of low wealth and status who fare worst. Actual figures range from 1 per cent in high-status areas of Switzerland and the USA, through 5-6 per cent for moderate-status males in Britain and the USA, to 10-30 per cent for lower-status males in Britain, France and the USA.

Imagine if there were a pill that could reduce your chance of dying by 10 percent over the next decade and only had good side effects. How much do you think the drug company would charge? Probably more than fifty cents.

De zorg van Thebe gaf genade met washandjes van 10 Cent.

my rule is that if your cost-per-share (CPS) is at 50 cents per share, you’re doing okay—anything above that is a sign that your content isn’t resonating with your core audiences. Anywhere below a CPS of 30 cents means that you’ve got great content, and a CPS of 10 cents is rock-star status.

the expenditure on health care within the most prosperous societies of the West had risen generally to around 10 per cent of Gross

Yet less than 10 per cent of commonly used products and services were bought in the market. Most human needs were taken care of by the family and the community.

Which London clubs have survived, then? Which make up the resilient 10 per cent? The answer has little to do with economics. It lies in culture and theme.

Today, the world spends approximately $75bn a year on the 10 per cent of refugees who moved to developed regions and only around $5bn a year on the 90 per cent who remain in developing regions.