This was such an enjoyable episode of Talking Watches. There was a distinct lack of watch porn. No million-dollar Pateks, no tropical gilt dial Submariners, no 1930s Cartier. It wasn’t a masterclass in watch history or collecting, rather it was just a man, a Tudor, and their shared memories. This conversation with Moki embodied the essence of collecting—not just watches!—our individual experiences and stories passed on through a shared passion for an object, stories that would have otherwise been lost to time.
Highlighting an under appreciated resource so pervasive in our lives. From the land under our feet and the concrete that hold up our homes, to the chips that power our devices and the glass that hold our drinks, sand can probably be said to be as essential to modern life as water and electricity. Yet, as with all non-renewables, we run into the problem of scarcity and thus competition to secure existing supplies.
Perhaps a controversial piece but the author makes the case that Western interventionist policies predicated on humanitarian reasons have not only failed to stop conflict but also generally prolonged them. Neither belligerent sides are satisfied with the stop gap proposals that are put in peace treaties or cease-fire agreements. Furthermore, intervening powers are hesitant to use necessary force to enforce these treaties or even preventing the attacks on human rights that prompt intervention in the first place.
As with many moral issues, while good intentioned, do not produce desired outcomes. This is not to say that we give up on maintaining high humanitarian standards but rather we need to be cognizant on the tradeoffs and be mindful of them when we weigh our decisions.
An interesting snippet on the murkiness of supply chains and the potential uses of technologies to increase transparency. Tech and law people have generally been very excited about IoT and blockchain’s ability to solve these issues but as the piece points out it’s not so simple. There are significant hurdles in gaining a critical mass of buy-in before these tools can have noticeable impact.
I’m inclined to think that unless a body like the UN or WTO adopts a standard for supply chain tracking and transparency—something similar to standardizing shipping containers—that the use of these technologies will be highly localized. Perhaps in highly specialized sectors like tech and high end manufacturing the size of end-point companies like Apple or Daimler have enough sway to incentivize factories and suppliers to comply. However for low-cost industries like textiles or plastics it’s hard to see something similar take root.
The outcome of the US not taking care of its manufacturing base—not to mention the ones that supply its defense efforts! Much as the U.S.’s shipbuilding and maintenance capacity have atrophied in the recent decades, more and more mission critical nodes in the supply chain are buckling. I think we’ll see more and more of this happen as the economy as a whole has shunned manufacturing. This is not necessarily a bad thing as any Econ 101 student would know that countries specialize and manufacturing moves to areas of low capital requirements. However, one of the government’s job is to address areas of market failure and in the sensitive sector of defense it hasn’t been doing so well.