13 OCT 2013 by ideonexus

 Anecdote About the Cuckoo Clock in China

The gaudy watches of indifferent workmanship, fabricated purposely for the China market and once in universal demand, are now scarcely asked for. One gentleman in the Honourable East India Company’s employ took it into his head that cuckoo clocks might prove a saleable article in China, and accordingly laid in a large assortment, which more than answered his most sanguine expectations. But as these wooden machines were constructed for sale only, and not for use, the cuckoo clocks became all...
Folksonomies: deception anecdote clock
Folksonomies: deception anecdote clock
  1  notes

A salesman convinces his buyers that his faulty clocks will work once again once the birds come out of hibernation.

16 MAR 2013 by ideonexus

 Malthus > Darwin > Marx

In 1800 Thomas Malthus, later professor of political economics of the East India Company College, was the first human in history to receive a comprehensively complete inventory of the world's vital and economic statistics. The accuracy of the pre-Trafalgar 1800 inventory was verified by a similar world inventory taken by the East India Company in 1810. In a later—post-Trafalgar—book Malthus confirmed in 1810 his 1800 finding that world-around humanity was increasing its numbers at a geome...
  1  notes

The train of ideas that lead to the Communism/Capitalism view of the world.