“Good failures … are those that leave a wake of interesting stuff behind: ideas, questions, paradoxes, enigmas, contradictions.” — Stuart Firestein, author of Failure: Why Science Is So Successful.
“Fairway kept expanding—stores in more places around New York—and they aimed more at the median shopper,” reports Pacific Standard. “Gradually, the store lost its edge, its quirkiness. With great size comes great McDonaldization—predictability, calculability. “Like no other market,” says every Fairway sign and every Fairway plastic bag. But it became like lots of other markets, with ‘specials’ and coupons. Coupons! Fairway never had coupons. Or specials.”
“In the first months after the private equity firm took Fairway public in 2013, the stock price was as high as $26 a share. The other day, it closed at $1.04.”
Five-Thirty-Eight: A tool enables you to search for a word or phrase to see how its popularity has changed over time on the Internet.
Slate: “With iTunes Terms and Conditions: The Graphic Novel, artist R. Sikoryak aims to achieve the impossible: to make us read a document that virtually all of us have willfully ignored. Sikoryak’s recently completed book, published serially on Tumblr, contains the entirety of Apple’s iTunes terms of service, spreading its 20,000-odd words out over 94 pages, each styled after the work of a different comics artist.”
“By breaking the dense legalistic language up and inserting it into classic comics pages, Sikoryak sought to appropriate the visual medium’s narrative drive, creating the implication of story where none exists.”
The Wall Street Journal: Companies from advertising firm Deutsch Inc. to hedge fund Bridgewater Associates are pushing workers to drop the polite workplace veneer and speak frankly to each other no matter what. The practice is referred to at some companies as “radical candor,” a “mokita” or “front-stabbing.”
“You have to have a thick skin to work here,” says Val DiFebo, chief executive of Deutsch’s New York office. That could be an understatement: The company once distributed T-shirts showing a giant scar with stitches over the heart.
Recipients of the critiques are expected to defend themselves or make changes, Ms. DiFebo says. “I think it’s actually more big-hearted and caring to be confrontational in that way than going behind someone’s back,” she says.
Baba Ramdev, an Indian yoga guru, plans to beat Unilever, Nestlé and Procter & Gamble with “soap that contains dung and urine from cows,” and “creams, cleansers and supplements infused with centuries-old Ayurvedic remedies,” reports The Wall Street Journal. “Our products are taking Indians back to their roots,” Ramdev says. “Foreign companies are fooling Indians by selling products tainted with chemicals and artificial flavors.”
Launched in 2006 with an herbal toothpaste, Patanjali Ayurved Ltd. today offers some 700 products, including eyeliner, cornflakes and instant noodles,” generating some $300 million in revenues. Ramdev predicts his company will be India’s biggest consumer-products company within five years. He’s not stopping there: “We’ve extracted gold from cow urine,” he says. “It’s only a matter of time before we win the rest of the world with our ancient remedies.”
“The endorphins that a good shopping excursion can trigger are real, but they are distractions, instruments of avoidance and denial. Is it any wonder that we chase them so relentlessly?” — Jon Caramanica, writing in The New York Times.
“The timeline of innovation for the defining technology of our new age is barely a line at all,” writes David Weinberger in Slate. “The Internet happens, and all hell breaks loose. The future no longer works the way we thought it did. The spikes become not just continual but frequently simultaneous and radically unpredictable.”
“We are stepping into a future that is new not just in what it contains but in our picture of how it works. The future seems less like the product of a clockwork’s relentless ticking than the result of uncountable tiny pieces, each simultaneously affecting every other in ways that cannot be fully understood afterward, much less predicted beforehand. Plus, some of those small pieces are on the Internet actively inventing new futures together.”