Boxing Clever

Containers have been more important for globalisation than freer trade…
The humble hero, Economist, 18 May 2013
The world’s largest container ships make it easy to appreciate the economies of scale that allow a T-shirt made in China to be sent to the Netherlands for just 2.5 cents…
Economies of scale made steel, The Economist, 12 Nov 2011

The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger, Mark Levinson, Princeton University Press (2008)

Neigh to Globalisation

Complex supply chains were not only a contributor to the global financial crisis (all those tainted derivatives that did not do what they said on the tin) but also the latest horsemeat scandal.

Here’s an interesting piece from Chris Dillow about the implications for productivity growth…
How horsemeat can make you sick, Investors Chronicle, 15 Feb 2013

And if you thought the tainted meat was bad, how about these jokes…

“A woman has been taken into hospital after eating horse meat burgers from her local supermarket.
Her condition is said to be stable.”

“I hear the mini-burgers from the supermarkets make great horse d’oeuvres.”

A cow walks into a bar.
Barman says, “Why the long face?”
Cow says “Illegal ingredients, coming over here stealing our jobs!”