Category Archives: rePosts

rePost: How does Norway manage its oil reserves?

Since then, global oil companies have worked in collaboration with the Norwegian government. The state charges a hefty 78% tax rate for every barrel of oil that’s extracted from the North Sea. In turn, the state subsidises exploration activities and makes it possible for oil companies with limited funding to enter the market.

Source: (7) Home – Quora

 

How a 94-Year-Old Genius May Save the Planet | Alternet

End of Gas-Powered Cars?Goodenough’s new battery can store three times more energy than a comparable lithium-ion battery, according to the very serious Institute of Electrical and Electronic Engineers (IEEE). The new battery also solves some other lithium-ion troubles. Like, it won’t catch fire, so a hoverboard won’t suddenly melt your kid’s Vans as she scoots across the playground. The IEEE also reports that Goodenough’s batteries seem to be able to soak up in minutes as much charge as a lithium-ion battery gets in hours.

Source: How a 94-Year-Old Genius May Save the Planet | Alternet

Do people live up to our expectations?

People do great work because that’s the kind of work they want to do. They care about the work, they care about themselves, they care about the people they’re working with, and they care about the people they’re doing the work for. They don’t do it because you expect them to do great work. You didn’t hire them to do shitty work, did you?

Yes, you can help motivate (or demotivate) people. Yes, you can help lead (or confuse) people. Yes, you can create an environment where people feel comfortable doing/acting/being their best (or worst). You can influence through your actions, and how you treat, and teach, and act towards them, but your expectations have nothing to do with their output

 

So no, I don’t believe people live up to your expectations. I believe they live up or down to their own intrinsic. They do good because they enjoy doing good. Doing good is meaningful for them.

Source: Do people live up to our expectations?

rePost:Why we choose profit

$1 in profit is the ultimate FU money. I typically don’t like the term “fuck you money” — it’s so in-your-face ugly — but I’m going to use it to make a point. Typically when people talk about FU money, they think about millions. Once you have millions you have FU money. Well, actually, all you need is $1 in annual profit. Because once your company is self-sustaining and profitable, and you don’t owe anyone anything (in my book, if you owe money you aren’t truly profitable), then you can say FU to just about anything.

Source: Why we choose profit

Ghrelin – Wikipedia

Ghrelin (pronounced /ˈɡrɛlɪn/), the “hunger hormone”, also known as lenomorelin (INN), is a peptide hormone produced by ghrelinergic cells in the gastrointestinal tract[3][4] which functions as a neuropeptide in the central nervous system.[5] Besides regulating appetite, ghrelin also plays a significant role in regulating the distribution and rate of use of energy.[6] When the stomach is empty, ghrelin is secreted. When the stomach is stretched, secretion stops.a It acts on hypothalamic brain cells both t

Source: Ghrelin – Wikipedia

Principles for an Age of Acceleration

Ito’s ideas are not specific to our moment in history, but adaptive responses to a world with certain characteristics:

1. Asymmetry In our era, effects are no longer proportional to the size of their source. The biggest change-makers of the future are the small players: “start-ups and rogues, breakaways and indie labs.”

2. Complexity The level of complexity is shaped by four inputs, all of which are extraordinarily high in today’s world: heterogeneity, interconnection, interdependency and adaptation.

3. Uncertainty
Not knowing is okay. In fact, we’ve entered an age where the admission of ignorance offers strategic advantages over expending resources–subcommittees and think tanks and sales forecasts—toward the increasingly futile goal of forecasting future events.”

Source: Principles for an Age of Acceleration