“The people of the United States don't recognize it, but the oil industry has given the greatest gift to the people of the nation, and that gift is the low cost of energy. Bottom line is this enables the country to be very competitive manufacturing-wise and in the world economy.” PeopleWorldCountryStatesEnergyGivenNationsLinesUnitedUnited StatesEconomyWiseIndustryCostLowsBottomOilBottom LineManufacturingGreatest GiftsWorld EconomyOil Industry Author:Ray L. Hunt
“When Tony Benn became a minister in the 1960s -- and I think this must be apocryphal -- he had a huge map of Britain hung upside down in his office, so the channel was at the top and Scotland was at the bottom and, apparently, he said, "This is how we need to look at this country, with the money and the power draining by force of gravity out of the south east." That was a great idea. I rather liked him for that. I don't know if it's actually true or not.” IfsThinkingKnowsNeedsLooksSaidIdeasCountryForceHugeOfficeSouthBottomEastMinistersBritainMapsGravityHungScotland1960sGreat IdeaUpside DownDraining Author:Neal Ascherson
“When the press writes scare stories about the global labor supply draining jobs from rich to poor places, the story is usually presented as a "race to the bottom" simply in terms of wages. Capitalism supposedly looks for labor wherever labor is cheapest. This story is half wrong. A kind of cultural selection is also at work, so that jobs leave high-wage countries like the United States and Germany, but migrate to low-wage economies with skilled, sometimes overqualified workers.” WritingLooksKindCountrySometimesStatesStoriesJobsTermPoorUnitedRaceHalfUnited StatesEconomyRichLowsCapitalismLaborPressesWorkersBottomGermanyScareWagesSelectionDrainingMigrateOverqualified Book:The Culture of the New Capitalism Source: The Culture of the New Capitalism
“The bottom line of any country is: what did we contribute to the world? We contributed Louis Armstrong.” WorldCountryLinesBottomBottom LineArmstrong Author:Tony Bennett
“Even before 2007, this half of a small island was the richest football country on earth. In 2005-2006 the Premiership's total revenue was about £1.4bn, 40 per cent more than its nearest rival, Italy's Serie A. That was before take-off. Now foreign television channels are sending so much cash that the Premiership is expected to take in nearly £1.8bn this season. Even the team that finishes bottom of the table (Wigan might be a good bet) will get £26.8m from TV. That's more than all of Argentine or Belgian football put together.” CountryMightEarthTogetherHalfTeamTelevisionFootballTvsSeasonsTablesBottomExpectedSoccerAnalysisIslandsCashCentsRevenueRivalsBelgiansWigan Author:Simon Kuper