Word: costs
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...mail marketer from New Hampshire who also likes to be called Spamford, used ill-gotten passwords to surreptitiously log into user accounts for the purpose of sending advertisements to their list of friends. But Wallace isn't alone. Despite myriad legal and technological attempts to combat it, spam will cost firms an estimated $130 billion worldwide in 2009 in lost productivity and technical costs, according to Ferris Research. (See the top 10 Internet blunders...
...Zhengrong, founder and CEO of Suntech Power, China's biggest solar-panel maker, says his company doesn't sell panels below cost anywhere in the world. And he points to First Solar's Ordos deal as evidence that foreign firms can succeed on the mainland. "As long as companies have a competitive renewable-energy technology and product offering," he says, "there will definitely be opportunities in the Chinese market...
Natural disasters, oil spills, car crashes, riots, crime: anything you pay to fix will boost GDP. Helping a neighbor up the stairs, skipping work to watch your son's Little League game, strolling in the woods won't. GDP tallies the value of an item, but not the environmental cost of its production: pollution, carbon emissions or the depletion of minerals and ecosystems. "It counts napalm and the cost of a nuclear warhead, and armored cars for police who fight riots in our streets," said Robert Kennedy in 1968. "It does not include the beauty of our poetry...
Starting in 2004, China attempted to introduce a "green GDP," adjusted to reflect the cost of pollution. By the time officials computed the costs of tainted rivers, smoke-filled skies, shattered ecosystems and strip-mined hillsides, their growth figures had dropped so dramatically - in some provinces they fell close to zero - that the proposal was quickly scrapped. By 2007 the effort had collapsed completely...
...when Bartercard comes into its own." Whenever Hill has unfilled rooms, he places an appeal for barter business on Bartercard's online site or through the firm's brokerages - there are currently 100 offices around the world to help connect members. If the hotel is 70% full, the cost of filling an otherwise empty room is virtually nothing. Plus, it brings in customers who may return to the hotel in the future - and spend cash. Hill, who trades roughly $100,000 a year through the service, uses his credit to pay the hotel's $650-a-month flower bill...