If you aren’t listening to the Planet Money Podcast you should. Because if you did, you would have listened to last weeks episode, That Lime Green Coat, which discussed how people in the UK not buying expensive designer coats is affecting Cairo bread makers (via the Suez Canal). They interviewed a representative from Maersk Line Shipping discussing that due to the economy, they were not shipping through the Suez Canal, opting to go around the Horn of Africa because the fuel and time cost were less than the canal tolls. And apparently, the cost of piracy as today a US Flag Maersk carrier was hijacked.
This decision to forgo speed for cost savings is a rational decision, insofar as carbon and fuel is priced unduly low. In a world where the externalities of burning an additional 12 days worth of fuel to save canal tolls would be correctly priced, the carrier would chose the canal every time. Only because we have all bought into the fiction that carbon shouldn’t be priced is this allowed. Carbon Pricing would fix this insanity.
I mean, just look at the above map. Madness.

HOK Sport rebrands as Populous:

The firm, which employs around 500 staff around the world, underwent a management buy-out from parent company HOK Group last December, led by senior principal Rod Sheard among others.
Sheard said: “What we do best is design buildings that draw people together so Populous is the perfect name to reflect our business.
“Whether it’s for sports and entertainment or exhibits and conferences, our aim is to create buildings that people love to be in, and which can become a point of reference and rejuvenation for their communities.

I doubt that the new firm will be flattening the land so his people can go from tents, to log cabins, to castle keeps to full castles, but just in case, can someone warn me when the Blue Tribe will attack the Red Tribe before Armageddon occurs?
And why announce this name change on April Fools Day?

Science074, originally uploaded by bustbright

You need to stop right there and view this huge photo set of Science and Tech Ads.

http://vimeo.com/moogaloop.swf?clip_id=3514904&server=vimeo.com&show_title=1&show_byline=1&show_portrait=0&color=ffffff&fullscreen=1
Slagsmålsklubben – Sponsored by destiny from Tomas Nilsson on Vimeo.