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Archive for the ‘economics’ category: Page 74

Nov 27, 2021

Why Did the Industrial Revolution Start in Britain?

Posted by in categories: economics, innovation

T turns out Britain was ripe for the birth of the Industrial Revolution.

Why did the Industrial Revolution begin in Britain? Was it because they are particularly ingenious and industrial people or just a happenstance of history?

Various theories have been proposed over time, but which, if any, hit the nail on the head?

Continue reading “Why Did the Industrial Revolution Start in Britain?” »

Nov 27, 2021

Seoul, First Local Gov’t to Start New-Concept Public Service with “Metaverse Platform”

Posted by in categories: biotech/medical, business, economics, education, government

The Seoul Metropolitan Government (SMG) is the first local government in Korea to establish a metaverse platform, which has emerged as a contactless communication channel in the post-pandemic era, to start providing a new-concept public service by using the platform in its administration.

The SMG plans to establish “Metaverse Seoul” (tentatively named), a high-performance platform, by the end of next year, and create a metaverse ecosystem for all areas of its municipal administration, such as economic, cultural, tourism, educational and civic service, in three stages from next year.

Starting with the pilot program of a Bosingak Belfry virtual bell ringing event at the end of this year, the SMG will consecutively provide various business support facilities and services, including the Virtual Mayor’s Office, Seoul FinTech Lab, Invest Seoul and Seoul Campus Town, on its metaverse platform.

Nov 25, 2021

This is what buildings of the future will look like: and 5 ways to get there

Posted by in categories: biotech/medical, economics, health, policy, sustainability

Learn More.

World Economic Forum.

The gigantic roof regulates heat and light, drawing on ancient Mayan design.

Continue reading “This is what buildings of the future will look like: and 5 ways to get there” »

Nov 24, 2021

It’s a Bus. It’s a Train. It’s Both!

Posted by in categories: economics, energy, transportation

Circa 2008


What do you get when you cross a bus with a train? A dual-mode vehicle that has the versatility of a bus, the speed of light rail and fuel economy vastly better than either. Toyota and its truck-making subsidiary Hino Motors have signed on with Japan Rail Hokkaido to develop the vehicles, which carry 25 […].

Nov 24, 2021

Japan Is Investing Over $5 Billion to Solve the World’s Chip Shortage

Posted by in categories: computing, economics, government

Bringing global giants into the economic fight.

The world’s biggest chip-making nation is getting serious.

Continue reading “Japan Is Investing Over $5 Billion to Solve the World’s Chip Shortage” »

Nov 21, 2021

Replacing Carbon Fuel With Nitrogen: Chemists Discover New Way To Harness Energy From Ammonia

Posted by in categories: economics, energy

A research team at the University of Wisconsin Madison has identified a new way to convert ammonia to nitrogen gas through a process that could be a step toward ammonia replacing carbon-based fuels.

The discovery of this technique, which uses a metal catalyst and releases, rather than requires, energy, was reported on November 8, 2021, in Nature Chemistry and has received a provisional patent from the Wisconsin Alumni Research Foundation.

“The world currently runs on a carbon fuel economy,” explains Christian Wallen, an author of the paper and a former postdoctoral researcher in the lab of UW–Madison chemist John Berry. “It’s not a great economy because we burn hydrocarbons, which release carbon dioxide into the atmosphere. We don’t have a way to close the loop for a true carbon cycle, where we could transform carbon dioxide back into a useful fuel.”

Nov 21, 2021

How Morocco Secretly Controls China, India, The United States, And the World

Posted by in categories: biotech/medical, economics, food

This is a farm in China.
This is a Mcdonalds in New York.
This is an apartment complex in Mumbai.
And this is a skyscraper in London.

What do all these have in common? Well as it turns out. All of these places’ successes or failures…
Economic booms or collapses…
And even population growth or famines…
Might soon be decided by the nation of Morocco.

Continue reading “How Morocco Secretly Controls China, India, The United States, And the World” »

Nov 18, 2021

The chase for fusion energy

Posted by in categories: business, economics, nuclear energy, space travel

And just as private space travel is now materializing, many industry observers are forecasting that the same business model will give rise to commercial fusion — desperately needed to decarbonize the energy economy — within a decade. “There’s a very good shot to get there within less than ten years,” says Michl Binderbauer, chief executive of TAE Technologies. In the FIA report, a majority of respondents thought that fusion would power an electrical grid somewhere in the world in the 2030s.


An emerging industry of nuclear-fusion firms promises to have commercial reactors ready in the next decade.

Nov 16, 2021

New Measures For The Digital Economy

Posted by in categories: economics, futurism

By analyzing data from the global online intelligence platform BuiltWith, my colleagues and I have been exploring new ways to measure a nation’s actual digital footprint – from the bottom-up. We have developed two new experimental measures of national digital infrastructure – one focused on domestic digital infrastructure (DDI) and another that looks at a nation’s online export ambitions (DXI).

We plan to develop these further and explore how they may be used to feature in a future index of Digital Economic Investment next year.

This first measure: Digital Domestic Infrastructure (DDI), has a domestic focus and simply looks at the number of websites in each country using the top-level country domain as a simple filter for geography. We digital infrastructure consists of much more than websites and online services but that is a useful guide at a national scale into a nations investments and assets in the digital economy. We’ve also filtered for domains that are hosted by or invest in paid technologies (a data feature BuiltWith offers), so as to distinguish active websites from those that are idle or redirected – typically held by domain squatters. This also removes counts of hobby or personal websites as, while there’s an amazing array of free, open source technologies to be used in building digital services online, most commercial services now have at least one form of paid technology in their mix.

Nov 13, 2021

Reaction Engines assembles partners for its ammonia aviation project

Posted by in categories: economics, energy, transportation

The UK’s Reaction Engines has announced a joint venture to create compact, lightweight ammonia reactors it says can be used to decarbonize difficult sectors like shipping and off-grid energy generation – and surprisingly, also aviation.

We’ve written before about ammonia’s potential in the clean transport sector; check out our ammonia clean fuel primer piece from September. Compared against hydrogen, ammonia’s much easier and cheaper to store and transport, and although it only carries about 20 percent as much energy as hydrogen by weight, it carries about 70 percent more energy than liquid H2 by volume.

The weight issue generally rules ammonia out of aviation discussions; at less than half the specific energy of jet fuel it looks less attractive than hydrogen. But hydrogen’s volume issues must also be taken into account. Today’s airliners are built for jet fuel so retro-fitting large-volume long-range hydrogen tanks can mean you lose seats. And anyone who’s flown economy can attest, airlines really like fitting in as many seats as they can.

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