The concept of Product differentiation is a promoting system that endeavours to recognize an organization's items or administrations from the rivals. Fruitful distinction includes identifying and imparting one of a kind characteristics of an organization's contributions while featuring the particular contrasts between those contributions and others available. This differentiation goes inseparably with building up a substantial incentive to make an item or administration alluring to an objective market or crowd.
Market, in economics, refers to market structures that are different from each other on the basis of degree and nature of competition. A number of factors can d
A little light reading, recommended by The Atlantic's Business editors
The U.S. dollar, an emblem of American economic prowess, transcends borders to emerge as the world’s premier reserve currency. With more than $1.8 trillion circulating globally and an unassailable…
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Nathan Heller writes about universal basic income, which has enthusiasts on both the left and the right.
Meet Lainey Molnar, an artist on a mission to empower women through her honest comics. She cuts through societal expectations and pressures, using her illustrations to reflect the real challenges women face. Originally from Hungary and now living in Amsterdam, Lainey started sharing her art on Instagram in 2019, tackling topics like feminism, body image, relationships and more.
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John Cassidy on “Between Debt and the Devil: Money, Credit, and Fixing Global Finance,” by the economist Adair Turner.
"The book is without peer in its field." — American ScientistIn this completely revised and enlarged edition of a classic work in the history of technology, a noted scholar explores the importance of technological innovation in the cultural and economic history of the West.Following an introductory discussion of the place of technology in economic history, the author offers a penetrating historical analysis of social change. Within this context he develops a theory of invention based on Gestalt psychology and a concept of social evolution as continuous development from antiquity to the present. Emphasis is placed on the role of economic forces in the development of technology, with scientific concepts also playing an important role in bringing about change.The latter part of the book focuses on the production and control of power in general, and in particular on a number of important operative mechanisms. Thus we read thought-provoking accounts of the technology of textile manufacture from primitive times, of water wheels and windmills, water clocks, and mechanical clocks, and the work of Leonardo da Vinci. The development of printing is carefully studied, not only for its intrinsic interest, but because of its importance for the history of science. Other topics include the production and application of power (1500–1830), machine tools and quantity production, the production and distribution of power since 1832, and the role of Asia Minor as a source of techniques which dominated the Middle Ages and the modern period as well.Thoroughly researched and cogently reasoned, A History of Mechanical Inventions belongs in the library of anyone interested in the history of science and invention, as well as the relationship of technology to economic and social history."Throughout the book there is constant proof of the author's wide learning and varied intellectual interests." — The New York Times Reprint of the Harvard University Press, Massachusetts, 1954 edition. machine production; apparatuses; old technology; engineering practices; antique technology; technological innovation; textile manufacture; western industry; water wheels; windmills; socioeconomic; operative mechanisms; machine development; water clocks; leonardo da vinci; machine printing; scientific advancement; power production; primitive electronics; modern period; economic forces; primitive devices; machines; gears; industrial revolution; steampunk; Leonardo Davinci
Damien Hirst and the cruel economics of art
After we posted 13 Disturbing Pieces of Art from History, several readers pointed out that none of the works were created by female artists. So, here are 13 more disturbing pieces of art, and they’re all created by women. 1. Artemesia Gentileschi - Judit
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Roger Penrose — the English mathematical physicist who shared the 2020 Nobel Prize in Physics for the discovery that black hole formation is a robust prediction of the general theory of relativity — is also famous for something more terrestrial - Penrose Tiling. Here’s a look at the other side of the Nobel laureate:Tile High: Back in the 1970s, Roger Penrose created a set of tiles that could be used to cover an infinite plane in a pattern that never repeats. His work changed our basic understanding of design, showing how infinite variations could be created within a highly ordered environment. Patterns of Penrose
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Their fleet wasn’t the more confortable or economically efficient, but the people of Aeroflot sure knew how to advertise.
Why is the stock market going up during bad economic times? Great question, and maybe not as insane as it might seem at first glance.
