As reported in the Economist (2011): “ Elsevier, the biggest publisher of journals with almost 2,000 titles, cruised through the recession. Last year it made £724m ($1.1 billion) on revenues of £2 billion—an operating-profit margin of 36%”. Springer’s Science + Business Media (2010) reported a return on sales (operating profit) of 33.9% or € 294 million on revenue of € 866 million, an increase of 4% over the profit of the previous year [..]
Hot damn.. These guys are raking it in! And for what? They are simply capitalizing on a made-up inefficiency in the "market" that should not exist in the first place. One of the signs of the new age should be all such companies going bust.
Question I still have issues with the baker case. . why could the baker not serve the gay couple? Here is a good analogy Imagine you ...
Standardization Specialization Synchronization Concentration Maximization Centralization
News Pollsters failed to predict the UK election results. Their sample must be biased Calling people up and collecting answers is onl...
Link As you probably learned in school, Newton and Gottfried Leibnitz (INTP) developed the mathematical instrument of calculus simultaneou...