A crowd at an election rally in Uttar Pradesh. (Image Source: AP/File photo) The prime minister has set the cat among the pigeons, with his fusillade against election freebies while inaugurating the Bundelkhand expressway. He said the culture of garnering votes by promising freebies harms the country’s economic development and warned the youth, ‘Your present will be lost and your future pushed into darkness.’ Those who believe in distributing freebies, he said, would never build infrastructure, sorely needed for securing the country’s future. That little speech succinctly lays out the rationale against populism---it promises instant gratification, at the cost of future penury. Predictably, the speech drew the ire of AAP supremo Arvind Kejriwal, who defended his trademark policy of giving away free power. His promise of giving 300 units of free power to each household if his party wins the Gujarat elections is estimated to cost the state Rs 8700 crore a year. It is policies such as … [Read more...] about The hidden cost of free lunches
How do authoritarian cultures create codependency
A big assist for small businesses
Small business owners spent much of the last two years trying to move forward as the ground shifted beneath their feet. From extended closures and supply chain issues to labor shortages and changing health regulations, the far-reaching effects of COVID-19 brought one unprecedented challenge after another. advertisement Early in the pandemic, the global B2B marketing team at American Express recognized this turbulent new landscape and responded by creating an education platform called Business Class. The platform quickly grew into a widely used source of information and support. It’s a big reason why American Express earned a spot on Fast Company ‘s 2022 list of Best Workplaces for Innovators. A NEW LEARNING PLATFORM “When the financial crisis happened, our small businesses needed customers, so we created Small Business Saturday to encourage people to visit local stores,” says Clayton Ruebensaal, executive vice president of Global B2B Marketing at American … [Read more...] about A big assist for small businesses
Editor Daily Rundown: Governors Declare States Of Emergency In Response To Gas Shortages
GAS LINES IN AMERICA… Four Governors Declare States Of Emergency Due To Gasoline Shortage Four governors declared states of emergency in response to gas shortages brought on by the Colonial Pipeline hack. Democratic North Carolina Gov. Roy Cooper declared a state of emergency on Monday due to his state’s gas shortage. Republicans Govs. Brian Kemp of Georgia and Ron DeSantis of Florida, and Democratic Virginia Gov. Ralph Northam declared states of emergency on Tuesday. Republican South Carolina Gov. Henry McMaster announced that he would not declare a new state of emergency because the state was already in one due to the COVID-19 pandemic. Kemp suspended Georgia’s gas taxes, while Cooper eliminated transportation regulations. McMaster instituted anti-price gouging laws. Virginia Republicans called on Northam to suspend the state’s gas tax. CBS NEWS… The South was being hit hardest. Late Monday, almost 6.5% of gas stations in Virginia were out of fuel, … [Read more...] about Editor Daily Rundown: Governors Declare States Of Emergency In Response To Gas Shortages
Sports Travel—How To Attend The Biggest Sports Events In The World
Share to Twitter Share to Linkedin Sports fans are in luck right now, as we are about see a convergence of huge events, many of them held only once every two to four years, along with some entirely new but very high-profile options. Here are some of the biggies and how you can go see them. World Cup 2022 Next up is the world’s No. 1 sports spectacle, the men’s soccer World Cup, a quadrennial tournament like the Summer or Winter Olympic Games. Soccer is the most popular spectator sport in the world, and if you don't go this fall, you won't be able to see it again until 2026. Every World Cup is rare in the sense of the four-year cycle, but this one is even more notable because of a couple of firsts, including the fall dates, so it does not conflict with the busy summer family vacation travel season, and the Middle East location (not without some controversy, a ccording to the New York Times ). As a result, 1.3 million visitors are expected to visit Qatar … [Read more...] about Sports Travel—How To Attend The Biggest Sports Events In The World
Want to Invent Best-Selling Products? Innovate Like the Founder of Scrub Daddy
Shark Tank star Aaron Krause -- the energetic inventor and founder of the bestselling sponge Scrub Daddy -- has been releasing new products at a relentless clip this year. First, there was Eraser Daddy , Scrub Daddy's take on the famous eraser material popularized by Mr. Clean. Heat-compressed and dual-sided, Eraser Daddy is designed to last longer. Two months ago, he launched Scour Daddy , which improves upon the typical scouring pad that has remained unchanged for decades. It was quickly picked up by every Walmart in the country. Next up came Screen Daddy , a circular microfiber pad for cleaning your electronic devices that you can conveniently store directly on them. It's currently available in Bed Bath & Beyond as well as Kroger stores. Last month, when Krause debuted Daddy Caddy and Sponge Caddy -- plastic containers for storing Scrub Daddy products -- they completely sold out at Bed Bath & Beyond stores. That's not it. On October … [Read more...] about Want to Invent Best-Selling Products? Innovate Like the Founder of Scrub Daddy
How Farfetch is predicting the future of fashion in Web3
advertisement advertisement If Web1 was about “read” and Web2 was about “read and write,” then Web3 is about “read, write, and own,” says Farfetch Founder and CEO José Neves. On this week’s Most Innovative Companies podcast, Neves explains what Web3 is and what it’s capable of through the lens of fashion and culture, drawing from his experience founding and growing Farfetch, the online luxury fashion retail platform. Fashion, Neves says, is a deeply human endeavor and a core part of who we are as individuals. Fashion allows us to apply different “masks” based on how we feel, who we want to be, or what we want to portray on any given day. “It’s your second persona that is with you every single day and therefore technology should be at the service of that, not replacing that,” he says. “[At Farfetch] we always think of technology as enhancing the human interaction between curators, creators, and levels of fashion, as opposed to replacing that human … [Read more...] about How Farfetch is predicting the future of fashion in Web3