evasion

Starbucks
Regular latte (30RMB)
Meh. It does the job, but not enough to warrant the major investment.
Pairs well with Corporate tax evasion (several million RMB).

Time Out Beijing

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delay

Some days, on a crosstown bus or a stalled train or a jam-packed platform, with your nose pressed into a stranger’s sweat-beaded neck and the appointed hour of your business lunch, your second date, your big job interview long past, it can feel like the system is in a death spiral.

Train delays now occur roughly seventy thousand times a month, up from twenty-eight thousand in 2012. The system’s on-time rate, already among the nation’s worst, fell to fifty-eight per cent in January, down from ninety a decade ago.

— William Finnegan “Can Andy Byford Save the Subways?” The New Yorker 

values

What’s wrong with values? I don’t quite … I have a lot of arguments talking to other people. The reason you have values is you have to make decisions about things and you have to make choices and you have to piss people off and make statements of values. What is that intent, that values are such a problem that they don’t want to state them — which they have, by the way?

— Kara Swisher “Full video and transcript: Spotify CEO Daniel Ek at Code 2018” Recode

risk

My client loved risk. Risk, I had learned, was a commodity in itself. Risk could be canned and sold like tomatoes. Different investors place different prices on risk. If you are able, as it were, to buy risk from one investor cheaply and sell it to another investor dearly, you can make money without taking any risk yourself. And this is what we did.

— Michael Lewis Liar’s Poker