Sta Hungry Stay Foolish

Stay Hungry. Stay Foolish.

A blog by Leon Oudejans
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Bacteria and Viruses

What defines a SuperPower?

Until about a year ago, many articles claimed that China would surpass the USA as an (economic) SuperPower. I never believed those articles. China did and does not meet the SuperPower criteria. Today, many articles assume that USA may not be surpassed. I doubt that too. The Roman Empire was - probably - the first global empire. Alternatively, it was a multi-regional...

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China’s weakened economy or “economic long COVID” (Axios)

Axios Macro title: China's weakened economy / "economic long COVID" By: Neil Irwin and Courtenay Brown Date: 7 August 2023 "The Chinese economy is in worse long-term shape than is widely understood, a prominent American economist is arguing, in ways that cannot be easily fixed. It is "economic long COVID," featuring a persistent dearth of investment and...

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Vacation

Recently, a friend posted some nice vacation pictures from France, and I liked them. He then asked me about my 2023 vacation plans. I told him that I have none. He asked me why. His question was simple but my answer is not. There appear to be many and even complex reasons. My last vacation was mid 2014. Back then, I was still celebrating the apparent ending of my...

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Why do animals, humans and plants dislike rain?

Recently, I read that all birds look for cover during heavy rain, except for wood-pigeons (eg, 2014 blog, Quora, source). As a result, these pigeons may die from hypothermia. It's not only birds but also humans and plants. Hence, this Naked Scientists question: Why do animals (and humans) dislike getting wet? I once read that plants panic as they fear the impact of...

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Price elasticity of demand

"Despite the fastest inflation in decades, consumer spending has held up relatively well so far. But this may not last, and that’s where elasticity comes in. The price elasticity of demand, to use its full name, measures how sensitive buyers are to price changes." (NYT, 19 August 2022) Why has consumer spending held up so long? I think, feel and...

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Vertical integration is back

I've never been a fan of outsourcing as it means losing control, despite what suppliers promise in their Service Level Agreements (SLAs). Outsourcing is part of (horizontal or vertical) disintegration. I need, want and believe in (self-) control, even while knowing that it's an illusion in certain circumstances. In 1983, a Harvard Business Review article wondered:...

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