EssentialstheDiagonal is a personal blog by Mike Gerra, skeptic, technologist, psychologist, artist, humanist, collector of grand, eclectic ideas.theDiagonal blog connects the dots across multiple disciplines for inquisitive, objective and critical thinkers, exploring the vertices of big science, disruptive innovation, global sustainability, illuminating literature and leftfield art. It is on this diagonal that creativity thrives, big ideas take flight and reason triumphs.
Tag Archives: retail
Saturday, April 6, 2013
Last week Amazon purchased Goodreads the online book review site. Since 2007 Goodreads has grown to become home to over 16 million members who share a passion for discovering and sharing great literature. Now, with Amazon’s acquisition many are concerned that this represents another step towards a monolithic and monopolistic enterprise that controls vast swathes of the market. While Amazon’s innovation has upended the bricks-and-mortar worlds of publishing and retailing, its increasingly dominant market power raises serious concerns over access, distribution and choice. This is another worrying example of the so-called filter bubble — where increasingly edited selections and personalized recommendations act to limit and dumb-down content.
From the Guardian:...read more
Monday, December 26, 2011
‘Tis the season to buy, give, receive and “re-gift” mostly useless and unwanted “stuff”. That’s how many economists would characterize these days of retail madness. Matthew Yglesias over a Slate ponders a more efficient way to re-distribute wealth.
Christmas is not the most wonderful time of the year for economists. The holiday spirit is puzzlingly difficult to model: It plays havoc with the notion of rational utility-maximization. There’s so much waste! Price-insensitive travelers pack airports beyond capacity on Dec. 24 only to leave planes empty on Christmas Day. Even worse are the gifts, which represent an abandonment of our efficient system of monetary exchange in favor of a semi-barbaric form of bartering....read more
Thursday, August 25, 2011
Scents are deeply evokative. A faint whiff of a distinct and rare scent can bring back a long forgotten memory and make it vivid, and do so like no other sense. Smells can make our stomachs churn and make us swoon.
The scent-making industry has been with us for thousands of years. In 2005, archeologists discovered the remains of a perfume factory on the island of Cyprus dating back over 4,000 years. So, it’s no surprise that makers of fragrances, from artificial aromas for foods to complex nasal “notes” for perfumes and deodorants, now comprise a multi-billion dollar global industry. Krystal D’Costa over at Anthropology in Practice takes us on a fine aromatic tour, and concludes her article with a view to which most can surely relate:...read more