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A potential solution to poverty

A potential solution to poverty

Here are four related stories that may offer an insight to better address poverty.
How better research can lead to better programmes to combat poverty
How you can earn money for doing nothing
How being poor causes you to make bad decisions
How to pay for lifting the poor out of poverty

 

Image credit: The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2019



More episodes from Business Unusual

A record breaking shoe may also break the sport

12 February 2020 7:27 PM

Might Nike’s incredible world record-shattering shoes be a innovators dream or dilemma?

This is the story of the Nike ZoomX Alphafly Next% long-distance world-record-setting shoe. Will it be Nike’s crowning glory or the kiss of death for the sport? 

Let me see if I can make the case for and against and leave you and time to decide.

image credit: Svetlanka 123rf

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Biological robots, that is a thing now

5 February 2020 7:28 PM

Robots can be big or small but are mechanical and made of non-living materials. Not anymore Xenobots are made of living cells, they not living organisms but are alive. The cells don't replicate and die after a while. But that is part of the plan, create a living robot to do a task then breakdown and not cause any trouble. 

Image credit: Xenobot - Tuft University & University of Vermont

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Who is Klaus Schwab and could he help save the World

29 January 2020 7:32 PM

How the 1% and the 3,5% along with a few individuals can save humanity.

The first thing to clarify is that the world is not in trouble of dying, it is humanity that is most at risk. Our actions will result in the death of many other species, but then we have always been an extinction factor for our fellow lifeforms on Earth.

This time it is our survival that is in peril. It would not wipe us out but it may reset the population to levels not seen for 300 years. 

Averting a crisis that could mean the death of more than half of the human population sounds like it may need the intervention of everyone. Ideally, that would make things easier, but I think with grassroots campaigning just 3,5% of us and some responsible behaviour by the planets wealthy 1% and the work of a few key individuals we can do it.

Image credit: World Economic Forum

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Business Unusual - Matric Results - Let's look at the myriad of courses you can take online

8 January 2020 7:21 PM

Guest : Colin Cullis| Business Unusual Correspondent at Money Show

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How to find the size that fits you

18 December 2019 7:37 PM

Are you a small, medium or large? If the answer is “depends” you are not alone. Clothing sizes are not universal. Not only are there major differences around the world there are differences from one brand to the next.

Why would the sizes differ so much? There are three M’s that should answer it. Measurements, Marketing and Money.

Image: Pixabay

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Mechanical batteries could save Eskom

11 December 2019 7:26 PM

Hydro dams use high-pressure water under gravity to drive turbines connected to generators. They are effectively mechanical batteries in that we can use electrical energy to pump water into the dams when demand is low and then release it when demand peaks to provide the additional electricity when needed.

Battery storage is needed to reduce the need for baseload generation (which is the minimum needed to be generated consistently) and to use the off-peak times to store the energy that can be used during the peak times to effectively create a relatively flat demand to use the least amount of resources to generate the required amount of electricity.

image credit: EnergyVault.com

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Pandemic - of all potential threats, the smallest may prove the most lethal

4 December 2019 7:27 PM

The earliest living things are over three billion years old and they have proven to be both a help and a threat to us. Bacteria and viruses have always been a part of our evolution. Every so often one will come along that simply overwhelms us and rather than just making us sick will kill thousands if not millions.

There are a variety of bacteria and viruses and multiple times when their variations have affected and killed many humans. It is this range and variability that makes them so effective and deadly.

Guest: Colin Cullis/Business Unusual Correspondent at Money show. 

Image credit: 123rf.com

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Freedom of Speech is not the same as Freedom of Reach

27 November 2019 7:29 PM

The internet and the web promised to be humanity’s greatest project to share information and enable co-operation. It was created by the military and developed by the academic and scientific community. Since the web’s launch in 1991 over half the world has moved online and the other half are joining at an increasing pace. It took 23 years for 2,4 billion users to join and just five more to grow it to 4,3 billion. 

It has certainly changed the world, but the question now is has that change been for the better. There are good arguments to suggest the answer is no, but that would be forgetting how humanity has typically progressed. Hopefully, this will provide some context.

Guest: Colin Cullis/ Business Unusual Correspondent at  the Money Show. 

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Kylie Jenner - the 22-year-old billionaire

20 November 2019 7:28 PM

Forbes has maintained a list of the worlds richest people for over 30 years. The richest comprise a little over 2 000 billionaires and in March this year, a then 21-year-old Kylie Jenner was added to the list becoming one of just eight that were under 30 and the youngest ever to amass a worth of over $1 billion.

The calculation is based on publically available data but is not always easy to determine. Billionaires typically have ways to limit who knows how much money they actually have.

The sale of 51% of Jenner’s cosmetics company to Cosmetic group Coty for $600 million is money in the bank and the sale price and revenue sales for 2018 value the company at $1,2 billion so her 49% ownership adds $588 million to her balance sheet making it official, she is the youngest billionaire ever to have created the fortune herself.

Image credit: Wikipedia

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TikTok - the best free interactive social video creator

13 November 2019 7:27 PM

Just because it is free does not mean there is no cost though

TikTok is not even five years old and is part of a Chinese group called Bytedance that operates a short video app in China called Douyin for the Chinese market and TikTok for the rest of the world. It is based on another Chinese short video app that it acquired in 2017 called Musical.ly which had a sizable US user base. It took off in October 2018 thanks to the combination of impressive creation tools and creators that sparked a slew of video challenges.

For older generations that struggle to take a decent digital picture, the idea of creating a video albeit only 15 seconds long might seem impossible, but TikTok makes creating an impressive video relatively easy.

image credit: tiktok.com

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