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by Fran (fran at eurotrib dot com) on Mon Jun 12th, 2006 at 12:36:15 AM EST
Ananova: Mechanic is 99, not out

Britain's oldest mechanic is still working full-time - at the age of 99.

Former Second World War Sergeant Major Buster Martin maintains a fleet of 100 vans for a plumbing firm, reports the Sun.

He retired at 97 but he applied for his current job after three months because he found retirement 'boring'.


by Fran (fran at eurotrib dot com) on Mon Jun 12th, 2006 at 12:40:44 AM EST
[ Parent ]
Guardian: Why washing your jeans can cost the Earth

Want to save the planet? Wear your jeans two days a week, wash them every fifth day, and let them dry by themselves. Or better still don't wash them at all. And don't even think of ironing them.

This is the conclusion of a report commissioned by France's environment agency on the ecological impact of a pair of denims. The study looked at an "average" pair of jeans - made of 600gm (1lb 5oz) of denim, lined with 38gm (just over an ounce) of polyester, with six rivets and a button, worn one day a week for four years, washed every third time in a highenergy machine at 40C and, in a singularly French twist, ironed before wear.

...

It concluded that a French jeans wearer would damage the environment the least by buying denims made of cotton from a country not too far from Europe with strict anti-pollution laws. Machine washing, tumble drying, and ironing caused 47% of the eco damage the jeans caused - 240kWh of energy a year, equal to using 4,000 lightbulbs, each of 60 watts, for an hour. Dry cleaning was "an environmental disaster".

by Fran (fran at eurotrib dot com) on Mon Jun 12th, 2006 at 01:11:59 AM EST
[ Parent ]
And don't even think of ironing them

Not that I wear jeans, but at last someone who speaks my language! And when I think that I get scoffed at when people see my unironed tee-shirts ...

by Alex in Toulouse on Mon Jun 12th, 2006 at 02:04:53 AM EST
[ Parent ]
I could suggest that you savor the irony...

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Mon Jun 12th, 2006 at 03:10:23 AM EST
[ Parent ]
I thought everybody washed their jeans every fifth or sixth day....ooops.
by gradinski chai on Mon Jun 12th, 2006 at 02:37:32 AM EST
[ Parent ]
I suspect this is not unique to jeans, and by singling them out a misleading message is sent out.

How about: wear fewer clothes more often, wash them less often and don't iron them?

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 05:13:45 AM EST
[ Parent ]
Well, I wear my jeans for one week and wash them then, and it never appeared to me to iron jeans (huh?). Who does such silly things?

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Mon Jun 12th, 2006 at 07:51:15 AM EST
[ Parent ]
I always think of jeans as the type of clothes I wear when I don't want to think about ironing. Ironing jeans seems to be missing the whole point of them.
by lauramp on Mon Jun 12th, 2006 at 06:27:24 PM EST
[ Parent ]
Guardian:  Overrun Tuscan town may limit flow of tourists

Residents unhappy about overcrowding caused by 3 million visitors a year

The medieval hilltop town of San Gimignano, acclaimed as one of the jewels of Tuscany, is under such attack from tourism that local authorities are considering restricting the numbers of people allowed into the city at any one time.

Three million tourists descend on the town, famed for its art-filled churches and picturesque skyline of towers, every year, surging through a cramped historical centre that measures only 900 metres by 500 metres.

The influx has led to congested roads full of buses and cars and fears of environmental damage. It has also provoked complaints that traditional craftsmen are being edged out in favour of tacky souvenir shops.

In an attempt to reverse the trend, town elders are to offer incentives to tourists to stay away during the busy summer period by promoting winter as an ideal time to visit, and offering discounted museum and gallery tickets.

by Fran (fran at eurotrib dot com) on Mon Jun 12th, 2006 at 01:21:36 AM EST
[ Parent ]
Financial Times - IBM chief calls for end to colonial companies

Sam Palmisano, head of IBM, on Monday called on multinationals to evolve into a new type of corporation if they are to avoid an anti-globalisation backlash that leads to the election of governments hostile to the interests of big business.

In a rare public intervention, Big Blue's chairman and chief executive writes in today's Financial Times that traditional multinational companies need to abandon their almost colonial approach to operations outside their home country. He cites as examples of this old-style method the way GM, Ford and his own company built factories in Europe and Asia but kept all the research and development in the US.

nstead, he argues they need to move towards full global integration of their operations so as to stop the current unease about the forces of globalisation turning into an all-out assault on big business. The danger for multi-nationals that fail to change their thinking is that countries will elect political leaders who impose draconian labour regulations or try to constrain free trade.


by Alex in Toulouse on Mon Jun 12th, 2006 at 02:20:10 AM EST
[ Parent ]
but kept all the research and development in the US

Of course, now that that high-quality R&D can be done more cheaply in India, it's time to "decolonialize".

Well, I guess we shouldn't be surprised that Palmisano's global awareness contains a large self-serving component.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman

by dvx (dvx.clt ät gmail dotcom) on Mon Jun 12th, 2006 at 03:25:10 AM EST
[ Parent ]
I guess this statement by IBM's man sums up the complexities of globalisation. It worries me how little we seem to understand the phenomenon we are pursuing.

On the one hand, R&D moving to India and China is good news for them, as it should boost their economy, bigger pay packets than assembly line or call centre work. It may also slow the brain drain from these countries.

But, where does this leave the comparative advantage theorists? Just what is going to be left behind in the more expensive "developed" world?

by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 12th, 2006 at 04:04:25 AM EST
[ Parent ]
Indeed. This non-economist has wondered for some time now whether comparative advantage theory really stands up empirically.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt ät gmail dotcom) on Mon Jun 12th, 2006 at 04:41:38 AM EST
[ Parent ]
I have said this before and I've said it again until an actual economist sets me straight: Ricardo's comparative advantage assumes that capital and labour are tied in place and only goods move [and shows that by allowing goods to move more freely you get more goods for everyone)]. Since the global financial markets were fully liberalized (and this happened within the last 20 years, if I am not mistaken), capital is what moves most freely, followed by goods, and labour is what moves the least [as Adam Smith already pointed out: labour is the least mobile of the factors of production]. The way I see it, the developed economies are being decapitalized as we speak, not only by outsourcing and investment in foreign markets [which I call capital flight when I am not feeling too charitable], but by the debt-for-consumption binge that is keeping us on this side of the brink of depression.

I long ago wrote a diary on comparative advantage (you could call it a first stab at "the irreversible thermodynamics of free trade", the Ph.D. dissertation I will never write ;-) which was well-received...

Here are our latest discussions of comparative advantage.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 04:58:13 AM EST
[ Parent ]
Mig,

It strikes me that I've read a lot about the mythic status of "Comparative Advantage" in connection with proof using simple game theory. Indeed, if you inspect the average college economics course you are almost guaranteed to find a very simple simulation set up to demonstrate how Comparative Advantage is real, despite its "counterintuitive nature."

(For myself I sometimes think that great play is made about the "counterintuitive nature" of Comparative Advantage in order to bolster it's mystique, but that is a discussion for another day.)

I seem to recall that you are in the simulation field to some degree at work. Would it possible to set up one of these "simple" demonstrations of Comparative Advantage, but add in movement of capital to that of goods?

by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 12th, 2006 at 06:00:23 AM EST
[ Parent ]
Metatone, we need to e-mail back and forth on this, or maybe even talk about it in person.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 07:50:10 AM EST
[ Parent ]
ok.
by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 12th, 2006 at 08:02:43 AM EST
[ Parent ]
Better to set-up a diary so the rest of us can watch and chime in? Or at least cc me!
by Colman (colman at eurotrib.com) on Mon Jun 12th, 2006 at 08:17:58 AM EST
[ Parent ]
Ok, let me rephrase.

Metatone, spell out the model you want to simulate in a diary, and I'll run the simulations.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 08:20:58 AM EST
[ Parent ]
The mythical "counter-intuitive" status of comparative advantage may have something to do with Paul Samuelson, whose introductory textbook I hate:
Stanislaw Ulam once challenged Nobel laureate Paul Samuelson to name one theory in all of the social sciences which is both true and nontrivial. Several years later, Samuelson responded with David Ricardo's theory of comparative advantage:
That it is logically true need not be argued before a mathematician; that it is not trivial is attested by the thousands of important and intelligent men who have never been able to grasp the doctrine for themselves or to believe it after it was explained to them. --Paul Samuelson


guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 07:53:46 AM EST
[ Parent ]
I suppose you could take the view that the developed economies are overdeveloped and they need to drop level of the emerging economies. We're paying the price for exploiting the rest of the world an engaging in years of protectionism and colonial exploitation. Not that I like that view, but I suspect it's an argument you could make inside the accepted wisdom of economics.
by Colman (colman at eurotrib.com) on Mon Jun 12th, 2006 at 05:24:59 AM EST
[ Parent ]
This is the elephant in the living room. Instead of encourage debt-for-cunsumption as a way to push the depression until after the ext election cycle, someone should come out and ask the question if our per capita income is going to take a big hit, how do we manage the transition on our terms so the outcome is best for the most"?

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 05:35:39 AM EST
[ Parent ]
I'd imagine it would be a difficult argument to make in the west because "best for most" would be to diminish living standards here quite severely in orderr to improve them in the 3rd world.

We may be living off the broken backs of the 3rd world, but few will accept a serious downgrading of their income in order to help out. It's the way people are.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Jun 12th, 2006 at 05:48:43 AM EST
[ Parent ]
I am assuming the downgrading of our income is happening as we speak and is inevitable, so we might as well manage it. You know, proactive instead of reactive.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 06:32:30 AM EST
[ Parent ]
Well, if we take on board the thoughts of the economists and psychologists in the happiness measurement fields then even if we stay as rich as we are now, the mere fact that other nations becomes less poor has a similar psychological impact as us getting poorer.
by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 12th, 2006 at 07:07:16 AM EST
[ Parent ]
That doesn't feel right: other nations are too far away for the status comparisons to work I think.
by Colman (colman at eurotrib.com) on Mon Jun 12th, 2006 at 11:57:30 AM EST
[ Parent ]
The global economy isn't a Set because it is impossible to give an exact definition such that one can determine if an entity is a element.  I submit, if carefully read, there is a great deal of ambiguity - to put it nicely - in economic discussion between what are Sets and what are Properties.

And if you don't have Sets you don't have mathematics as a necessarily Valid tool.

by ATinNM on Mon Jun 12th, 2006 at 11:23:28 AM EST
[ Parent ]
So you can use category theory, where you do have a way to talk about the difference between stuff, structure and property.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Mon Jun 12th, 2006 at 11:25:19 AM EST
[ Parent ]
Explain precisely what you mean here? You're building a model, so obviously you have to draw a line somewhere.
by Colman (colman at eurotrib.com) on Mon Jun 12th, 2006 at 11:42:08 AM EST
[ Parent ]

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