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πŸ”— The Fixed Price of Coca-Cola from 1886 to 1959

πŸ”— United States πŸ”— Business πŸ”— Marketing & Advertising πŸ”— Food and drink πŸ”— Food and drink/Beverages

Between 1886 and 1959, the price of a 6.5-oz glass or bottle of Coca-Cola was set at five cents, or one nickel, and remained fixed with very little local fluctuation. The Coca-Cola Company was able to maintain this price for several reasons, including bottling contracts the company signed in 1899, advertising, vending machine technology, and a relatively low rate of inflation. The fact that the price of the drink was able to remain the same for over seventy years is especially significant considering the events that occurred during that period, including the founding of Pepsi, World War I, Prohibition, changing taxes, a caffeine and caramel shortage, World War II, and the company's desire to raise its prices. Much of the research on this subject comes from "The Real Thing": Nominal Price Rigidity of the Nickel Coke, 1886–1959, a 2004 paper by economists Daniel Levy and Andrew Young.

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πŸ”— Long line (topology)

πŸ”— Mathematics

In topology, the long line (or Alexandroff line) is a topological space somewhat similar to the real line, but in a certain way "longer". It behaves locally just like the real line, but has different large-scale properties (e.g., it is neither LindelΓΆf nor separable). Therefore, it serves as one of the basic counterexamples of topology. Intuitively, the usual real-number line consists of a countable number of line segments [0,Β 1) laid end-to-end, whereas the long line is constructed from an uncountable number of such segments.

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πŸ”— Panopticon

πŸ”— Mass surveillance πŸ”— Architecture πŸ”— Philosophy πŸ”— Philosophy/Social and political philosophy πŸ”— Law Enforcement πŸ”— Correction and Detention Facilities

The panopticon is a type of institutional building and a system of control designed by the English philosopher and social theorist Jeremy Bentham in the 18th century. The concept of the design is to allow all prisoners of an institution to be observed by a single security guard, without the inmates being able to tell whether they are being watched.

Although it is physically impossible for the single guard to observe all the inmates' cells at once, the fact that the inmates cannot know when they are being watched means that they are motivated to act as though they are being watched at all times. Thus, the inmates are effectively compelled to regulate their own behaviour. The architecture consists of a rotunda with an inspection house at its centre. From the centre the manager or staff of the institution are able to watch the inmates. Bentham conceived the basic plan as being equally applicable to hospitals, schools, sanatoriums, and asylums, but he devoted most of his efforts to developing a design for a panopticon prison. It is his prison that is now most widely meant by the term "panopticon".

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πŸ”— Qanat

πŸ”— Civil engineering πŸ”— Water

A qanat or kariz is a gently sloping underground channel to transport water from an aquifer or water well to surface for irrigation and drinking, acting as an underground aqueduct. This is an old system of water supply from a deep well with a series of vertical access shafts. The qanats still create a reliable supply of water for human settlements and irrigation in hot, arid, and semi-arid climates, but the value of this system is directly related to the quality, volume, and regularity of the water flow. Traditionally qanats are built by a group of skilled laborers, muqannΔ«s, with hand labor. The profession historically paid well and was typically handed down from father to son. According to most sources, the qanat technology was developed in ancient Iran by the Persian people sometime in the early 1st millennium BCE, and spread from there slowly westward and eastward. However, some other sources suggest a Southeast Arabian origin.

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  • "Qanat" | 2023-11-11 | 423 Upvotes 100 Comments
  • "Qanat" | 2016-05-18 | 186 Upvotes 69 Comments

πŸ”— Russian political jokes

πŸ”— Russia πŸ”— Russia/demographics and ethnography of Russia πŸ”— Russia/language and literature of Russia πŸ”— Russia/politics and law of Russia πŸ”— Russia/history of Russia

Russian political jokes are a part of Russian humour and can be grouped into the major time periods: Imperial Russia, Soviet Union and finally post-Soviet Russia. Quite a few political themes can be found among other standard categories of Russian joke, most notably Rabinovich jokes and Radio Yerevan.

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πŸ”— Warnock's dilemma

πŸ”— Internet culture

Warnock's dilemma, named for its originator Bryan Warnock, is the problem of interpreting a lack of response to a posting in a virtual community. The term originally referred to mailing list discussions, but has been applied to Usenet posts, blogs, web forums, and online content in general. The dilemma arises because a lack of response does not necessarily imply that no one is interested in the topic, but could also mean for example that readers find the content to be exceptionally good (leaving nothing for commenters to add).

On many Internet forums, only around one percent of users create new posts, while nine percent reply and 90 percent are lurkers that do not contribute to the discussion. When no users reply, the original poster has no way of knowing what lurkers think of their contribution.

Warnock's dilemma leads to online writers and publishers adopting more provocative writing strategies in order to ensure that they will get a response. However, this can also lead publishers to avoid producing the kind of content that might fail to generate comments due to its high quality. This problem arises particularly with sites that focus on viral content, such as BuzzFeed and Huffington Post.

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πŸ”— Parable of the Broken Window

πŸ”— Economics

The parable of the broken window was introduced by French economist FrΓ©dΓ©ric Bastiat in his 1850 essay "That Which We See and That Which We Do Not See" ("Ce qu'on voit et ce qu'on ne voit pas") to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society.

The parable seeks to show how opportunity costs, as well as the law of unintended consequences, affect economic activity in ways that are unseen or ignored. The belief that destruction is good for the economy is consequently known as the broken window fallacy or glazier's fallacy.

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πŸ”— Land Value Tax

πŸ”— Economics πŸ”— Taxation

A land value tax (LVT) is a levy on the value of land without regard to buildings, personal property and other improvements. It is also known as a location value tax, a site valuation tax, split rate tax, or a site-value rating,

Land value taxes are generally favored by economists as they do not cause economic inefficiency, and reduce inequality. A land value tax is a progressive tax, in that the tax burden falls on land owners, because land ownership is correlated with wealth and income. The land value tax has been referred to as "the perfect tax" and the economic efficiency of a land value tax has been accepted since the eighteenth century. Economists since Adam Smith and David Ricardo have advocated this tax because it does not hurt economic activity or discourage or subsidize development.

LVT is associated with Henry George, whose ideology became known as Georgism. George argued that taxing the land value is most logical source of public revenue because the supply of land is fixed and because public infrastructure improvements would be reflected in (and thus paid for) by increased land values.

Land value taxation is currently implemented throughout Denmark, Estonia, Lithuania, Russia, Singapore, and Taiwan; it has also been applied to lesser extents in parts of Australia, Mexico (Mexicali), and the United States (e.g., Pennsylvania).

πŸ”— .DS_Store

πŸ”— Apple Inc./Macintosh πŸ”— Apple Inc.

In the Apple macOS operating system, .DS_Store is a file that stores custom attributes of its containing folder, such as the position of icons or the choice of a background image. The name is an abbreviation of Desktop Services Store, reflecting its purpose. It is created and maintained by the Finder application in every folder, and has functions similar to the file desktop.ini in Microsoft Windows. Starting with a full stop (period) character, it is hidden in Finder and many Unix utilities. Its internal structure is proprietary, but has since been reverse-engineered.

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πŸ”— The Skip list

πŸ”— Computer science

In computer science, a skip list is a data structure that allows O ( log ⁑ n ) {\displaystyle {\mathcal {O}}(\log n)} search complexity as well as O ( log ⁑ n ) {\displaystyle {\mathcal {O}}(\log n)} insertion complexity within an ordered sequence of n {\displaystyle n} elements. Thus it can get the best features of an array (for searching) while maintaining a linked list-like structure that allows insertion, which is not possible in an array. Fast search is made possible by maintaining a linked hierarchy of subsequences, with each successive subsequence skipping over fewer elements than the previous one (see the picture below on the right). Searching starts in the sparsest subsequence until two consecutive elements have been found, one smaller and one larger than or equal to the element searched for. Via the linked hierarchy, these two elements link to elements of the next sparsest subsequence, where searching is continued until finally we are searching in the full sequence. The elements that are skipped over may be chosen probabilistically or deterministically, with the former being more common.

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