One, being a bit pedantic but exchange rate has nothing to do with the income gap. If I measure distances in feet and you in metres, would you say that distances in my country are 'smaller'? The term that you should be looking at is per-capita income at purchasing power parity.
Two, economies go through development cycles. They start out in the low-skill jobs and then move on. For example look at the shipbuilding industry. Moved from the west to Japan in the 60's, who then used it to move to other heavy industries. After Japan had grown skills and incomes increased the industry moved to Korea. The same cycle is in process right now, with the industry now moving to China. Don't hate outsourcing, but use it to build a better future.
Not to sound insensitive but 134 flights and 2 accidents is a good enough record. I for one would have volunteered to go, if I was presented with these odds. Robots can't do everything.
Because US has intra-state fiscal transfers. Money is transferred from one state to another, indirectly. So richer states in some senses subsidize the poorer states. And they can borrow based on their combined financial outlook.( aka Federal Bonds). So you have a fiscal policy that is somewhat cohesive, a monetary policy that is completely cohesive. And this is why US states cannot have different currencies.
Besides long story short, inter state trade would be severely burdened by different currencies. One of the primary reasons for Euro was to facilitate trade.
They are quoting an official statement from Mt Gox. Its not like they are accepting this line. But if there is somebody they can quote, its Mt. Gox, not somebody who claims something on a forum. In any case, not mentioning 'toasty' is not really relevant.
Yeah, the author basically started with the argument that Google should have Sun then so that Android would have been protected. Then he realized, the price was too much for what is just a license, and then started piling on unconvincing arguments, one after the another.
Google already has a platform. They call it the web. And Google tends to use whatever language seems convenient to them then.
This is one of the most balanced coverage of the Bitcoin issue I have seen. "The system has proved popular with online criminals, keen to keep their financial transactions secret, although it has a wider, legitimate, user base." Nicely researched. Kudos to the BBC team. Shows why BBC is still the trusted source for many of us.
You are confusing Macbook and Macbook Pro. Macbook Pro is 70k rupees or 1560 USD, which means 360 dollars more than the US. Also at this price, it is more than 1.5 months salary for me, and I earn above average for my level. So purchasing power parity wise, its much more expensive.
From the article, "To that point, Microsoft had forced handset makers to obey strict rules about how they could customize Windows Phone 7, and they wanted the same from Nokia. Not only did Nokia respond that it wanted the right to innovate freely, it asked Microsoft to commit to using Nokia technology as a foundation of the Windows Phone platform, particularly its detailed Navteq maps database."
Because Nokia R&D spend is 8 times that of HTC, and 5 times of Apple for that matter.[1] Nokia needs the flexibility with the OS. In an ideal world, Nokia most certainly should make an OS by themselves, but clearly that didn't happen, so they choose the one that gives them the most flexibility to do what they want, much more than just putting a custom UI on top.
And yes, the shock is risky. But the way things were going, very necessary.
This, is a classic management lesson. Take stock. Confer with key stakeholders and the engineers. Draw a composite picture of the state of the system. And take a painful decision to abandon your approach, hopefully in time.
Much as I liked 'Meego' as an idea, and much as I like Nokia as a phone company( Symbian phones were incredibly useful. And the hardware and design is always top class.), this was a correct decision. I hope Nokia can find its feet again and dazzle us with some amazing phones again.
>“If it’s no longer a crazy Indian idea and it’s something that’s working in India and in rabbits in Ohio and in the first 20 men in the US,” Lissner says, “then there’s got to be a point where there’s just no excuse for a Gates or a Buffett not to get on board.”
The words "crazy Indian idea" hit me as offensive at first. But I guess that's just the way the world perceives us and its up to us to change that.
There is a certain market for CouchSurfing like websites. Think imdb. These sites are like the ghetto shops of Delhi or Cairo. Sure you can have all the shiny showrooms, but people will still want to buy from these.
EDIT: I meant it in the context of the UI and design of the websites.
People want certainty, which is what I suppose you meant. That being said, I'd say that there is a significant market for the kind of travelers that couchSurfing offers. You can't beat free and there is something about travelling to a country, meeting with the locals and contributing something back, other than money.
Well because its absurd to call them born in 1991. Tomorrow if Catalonia or Basque nation were to secede or Scotland for that matter, would you call them born in 2011 in this context and then compare them with India?
Yup. Thorium fuel cycle is the holy grail of Indian nuclear research. Its the main focus if not the only major focus. This could change but with our investments in renewable energy and closed thorium cycle, we could be looking at a more cleaner future for the world.
As for the risks associated with the nuclear power, its clearly a necessary risk. India consumes 1/25th of the American per capita consumption. Even assuming we consume less than US that's a lot of new electricity that has to be added to the grid. Something renewable energy can't provide. I would rather have us build reactors than coal plants. Of course all bets are off, if we ever tame fusion.
Well PG is not really an important figure or even a public figure outside of the 'tech startup' scene. To argue that something isn't world heritage material simply based on the fact that he could 'get away' with criticizing it would be wrong.
Yes but even if we assume a figure of 30000 men and a 10 year timeline, that amounts to half a billion man hours. To reach that level Wikipedia should have a total spend of 27 manhours per article which seems improbable. Let alone other projects.
Umm according this link
http://eandt.theiet.org/magazine/2011/01/pyramid-at-giza.cfm
the figure for the Great Pyramid at Giza is 3.5 billion man hours. Wikipedia has aroun 18 million articles. Assuming 2 hours per article, fair enough since most of these are 1-2 para stubs, that's not much.
My 2 cents on this is that the decision for something to be considered a worldwide heritage cannot be taken in such haste. Time averages and moderates the opinion. Sure Wikipedia is a nice achievement. But its merits, benefits and importance would have to stand the test of time. Perhaps our future generations can take such a decision, but for Wikipedia to propose that right now, is 'overly pompous' as someone commented.
EDIT: Downvoted for this! It stands to reason that a true measure of greatness comes with time. This is the reason that the 'pontification' process has these checks of time. To let reason and proper debate hold sway over other considerations.