Word: liquiding
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...This wealth-driven inflation has hit liquid assets as well. At the London International Vintners Exchange, an online marketplace for fine wines, managing director James Miles has watched prices for the top Bordeaux double over the past two years, driven in part by wealthy foreigners. "These guys all aspire for the rich man's toys, which doesn't just mean having boats and fast cars, but also having a great cellar," he says. A 12-bottle case of 2000 Chateau Lafite Rothschild that sold for $8,800 in 2005 cost $20,000 last year, while a case of Chateau Petrus...
...fastest way to start a fistfight among environmentalists is to bring up the topic of biofuels - plant-based liquid fuels like ethanol that could potentially take the place of petroleum. Biofuel revolutionaries - like Silicon Valley venture capitalist Vinod Khosla - see plant power as a way to break America's dependence on foreign oil, and produce auto fuel that doesn't kill the climate. Opponents dismiss biofuels - most of which are currently distilled from crops like corn and sugar cane - as a blind alley, one that drives up food prices without saving the earth...
...1980s played a major role in ending apartheid. There is no empirical evidence, however, for this claim. A 1999 study in the Journal of Business found that the boycott had almost no impact on financial markets or corporations in South Africa. In addition, global capital markets are significantly more liquid than they were in the 1980s, so even short-term effects of divestment will revert more quickly...
...There’s a demo every day—it’s never just pure lecture. One day [Charbonneau] got into a rocket chair and zoomed across the room to demonstrate one of Newton’s laws. Another time he froze a grapefruit in liquid nitrogen and broke it on the floor...
...spring semester. “Masters felt that hard alcohol is fraught with concerns,” Dean of Residential Life Suzy M. Nelson wrote in an e-mail. “First, it is more concentrated, and easier to get more alcohol in a smaller quantity of liquid...Finally, the Masters felt that mixed drinks change the tone of what is intended to be a casual event to foster fellowship and conversation over a few beers and pizza.” The proposal comes a month after the UC was forced to stop funding alcohol through its party grants...