The ‘First Great Chocolate Boom’ occurred at the end of the 19th and early 20th century. The industrial revolution turned chocolate from a drink to a solid food full of energy and raised incomes of the poor. As a result, chocolate consumption increased rapidly in Europe and North America. As the popularity of chocolate grew, production spread […]
Business & Tech
Posted inBooks, Nonfiction, Quotes
The U.S., China and the ‘Financial Balance of Terror’
This month, Britain, Germany, France, Italy, South Korea, and a handful of other U.S. allies announced plans to join the new China-led Asian Infrastructure Investment Bank, despite American pressure not to. The multilateral fund is essentially China’s answer to the World Bank and the Asian Development Bank, organizations where the U.S. has long had more influence than China. China has […]
Posted inNonfiction, Quotes
McDonald’s and the Science of Drive-Through Lane Wait Times
Ten years ago, customers placing orders in the drive-through lane at McDonald’s would have their food in about two and a half minutes (or 152 seconds, if you want to get precise). Today, the same order takes a bit over three minutes (or 189.5 seconds) on average, according to analyst research from Janney Montgomery Scott. […]
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Shut-Ins and the Sharing Economy
With Alfred, you no longer have to open the door for the Instacart delivery: A worker comes into your apartment and stocks food in your fridge. You don’t hand off your dirty undies to a Washio messenger; Alfred puts the laundered undies in the drawer. This all happens by paying your Alfred $99 a month, […]
Posted inBooks, Nonfiction
‘I Would Prefer Not To’: The Origins of the White Collar Worker
Before the Civil War, the clerk was “a small but unusual phenomenon.” By the end of the 19th century, clerical workers were a social force to be reckoned with. This is the story of their rise.
Posted inBooks, Nonfiction, Story
‘I Would Prefer Not To’: The Origins of the White Collar Worker
Before the Civil War, the clerk was “a small but unusual phenomenon.” By the end of the 19th century, clerical workers were a social force to be reckoned with. This is the story of their rise.
Posted inNonfiction, Quotes
Lessons from Warren Buffett’s Letter to Shareholders
Before I depart the subject of spin-offs, let’s look at a lesson to be learned from a conglomerate mentioned earlier: LTV. I’ll summarize here, but those who enjoy a good financial story should read the piece about Jimmy Ling that ran in the October 1982 issue of D Magazine. Look it up on the Internet. […]
Posted inBooks, Nonfiction, Quotes
Do Modern Readers Only Want to Read Easy Books?
Dear Thief is, without a doubt, stronger and more raw, the book her fans knew she could write. But just when the world should have behaved as if it had been waiting for that very novel to arrive, Harvey’s career seemed to lose momentum. Her editor Dan Franklin explains, a little despairingly, that “the really […]
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How Paul Rand Made Companies Care About Design—And Influenced Steve Jobs
In the ’80s, the power of IBM’s visual communications program inspired Steve Jobs, a longtime admirer of Rand’s work, to hire Rand as a designer for NeXT, his educational computer company. “Rand was the first and only designer Jobs looked to,” Albrecht says.
Posted inNonfiction, Quotes
How a $1B E-Commerce Site Found Its Market on a Trip to Babies “R” Us
They had a small inkling of what they wanted to do. At the time, flash-sale startups like Gilt were just beginning to make some noise, and Cavens and Vadon seriously considered aping the model for the home and beauty space (a la One Kings Lane) before scrapping the idea. “What we came to realize in […]