Category: I

October 28, 2019 admin123@ No comments exist

Invisible hand 1776 economics milestone:  Adam Smith’s Wealth of Nations.  Free markets ‘led by an invisible hand’ benefit all, not just the butcher, brewer or baker seeking profit.  No other idea in history has done more to raise global prosperity.  His pin factory study showed division-of-labour specialisation & productivity motivates trade.  The ‘invisible hand’ is…

September 11, 2019 admin123@ No comments exist

Island sale If Greenland was for sale, what should USA pay Denmark for it? Features: world’s largest island, 80% ice cover, population 56,000.  Rich in minerals, fish, oil & gas. Strategic site for defence/space.  Past US purchases from Denmark: 1916 Danish West Indies (now the US Virgin Islands) $25m = $500m now.  1946 2nd offer…

September 4, 2019 admin123@ No comments exist

Insolvent Die hard.  From a decade low in 2015, UK insolvencies have shot up 20%.  Out of 2018’s 17,439 corporate failures, construction was hit hardest with 3,940 insolvencies, despite the demand for new homes. Then admin/support firms (3,346), retail (2,608) & manufacturing (2,092).  Causes include Brexit uncertainty, business rates, pension enrolment & unsecured debt Guessed the…

July 14, 2019 admin123@ No comments exist

Icing Cricket or business, ‘icing on the cake’ comes from: Dedication to the game.  Adapting to the conditions.  Disciplined bowling.  Playing to our strengths.  Grabbing every chance.  Observing etiquette. Taking timely, calculated risks.  Victory ensues despite twists & turns, helter skelter finale & a super over. Congratulations, England! Guessed the Word?      Series 44 …

July 5, 2019 admin123@ No comments exist

Iceberg Severe droughts invite radical solutions: Tow iceberg from Antarctica to Cape Town.  Not a new idea – in mid-1800s, Chile breweries towed small icebergs, some fitted with sails, for refrigeration.  Made of compacted snow, iceberg water is 99% pure.  By 2030, global water demand will exceed supply by 40%. Red tape alert! Need risk…

May 29, 2019 admin123@ No comments exist

Intangibles Can’t see or touch intangibles, but they’re now more valuable than buildings, machinery, vehicles & computers.  Examples: brands, intellectual property, design expertise, trademarks.  Intangible asset Mickey Mouse’s copyright extended from 1984 to beyond 2023!  To win in an intangible world, invest in education, information & communication technology, urban planning, science and R&D Guessed the…

March 1, 2019 admin123@ No comments exist

Innovate Thinking about innovation is oddly conformist, & unaware of its lack of originality.  The best breakthroughs came from research that appeared useless & irrelevant to real life.  Such efforts must be supported, even with no quick payback, or the next wave of innovation will just not occur Guessed the Word?         …

February 8, 2019 admin123@ No comments exist

Insurgents Highly-skilled people from consulting firms have dispersed into insurgentsoffering dynamic, versatile & value-for-money services.  Professional gig workers are thriving in stealth, snatching work from industry giants, who are more fragile than agile.  >1/5th of UK projects, worth £2bn ($2.6bn) go to independent consultants.  Global consulting = £180bn ($232bn) a year Guessed the Word?   …

December 19, 2018 admin123@ No comments exist

Incense Traded in Arabia for >6,000 years as incense, perfume & skincare, 80% of frankincense comes from Somalia.  Was a standard gift, with gold & myrrh, to honour kings & deities, maybe for medicinal use.  But aromatic resin-producing Boswellia trees now under threat from fire, grazing & insect attack Guessed the Word?      Series 35 (6/8)   …

November 23, 2018 admin123@ No comments exist

    Inspect Walls & borders are useless without a way to inspect what’s going through.  A mix of human guards, technology & intelligence can oversee a barrier effectively.  Northern Ireland checks 1.4% of goods coming from non-EU countries.  In the south, Republic of Ireland checks 1%, the lowest rate in the world.  Another bra in…