The trials of building a Four Seasons in Mumbai

The new Four Seasons Mumbai has just opened its doors. And as the FT reports, (via the Indian Economy Blog), it wasn’t easy getting to this point: Property analysts estimate there is a shortage of 100,000 hotel rooms in India – more than the existing supply. Archaic restrictions that have prohibited the construction of high-rise [...]

Productivity gains! Thanks (again) to journos

Bill Carter at the New York Times reports that NBC is launching a 24-hour local news channel in New York, which will subsume the network’s current local news operation. Local news audiences are “eroding and aging” (the words of John Wallace, NBC’s newly christened president of local media) and the way broadcasts currently work is [...]

Lester Brown eats oysters, worries about “peak water”

In March 1980, Lester Brown wrote a paper for his Worldwatch Institute titled “Food or Fuel: New Competition for the World’s Cropland.” Let’s just say it turned out to be a bit premature. “I was so far ahead of the curve no one even knows that exists,” Brown says. (It is still on sale for [...]