The Family Trade is the first book of a British writer of science fiction and fantasy writer Charles Stross’ alternate history series ‘The Merchant Princes.’
The first novel introduces us to journalist Miriam Beckstein, who finds herself in a parallel world in which her extended family holds power.
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The Family Trade
The Theory of Interstellar Trade
‘The Theory of Interstellar Trade‘ is a paper written in 1978 by economist Paul Krugman. The paper was first published in 2010 in the journal ‘Economic Inquiry.’ He described the paper as something he wrote to cheer himself up when he was an oppressed assistant professor, caught up in the academic rat race.
Krugman analyzed the question of how interest rates on goods in transit should be computed when the goods travel at close to the speed of light. This is a problem because the time taken in transit will appear less to an observer traveling with the goods than to a stationary observer.
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Doritos
Doritos is a brand of seasoned tortilla chips founded by Arch West and produced since 1964 by Frito-Lay (a division of PepsiCo). The original product was made at the Casa de Fritos location at Disneyland in Anaheim. Using unused tortillas, the company-owned restaurant cut them up and fried them and added basic seasoning. Arch West was the Vice President of Marketing of Frito-Lay at the time, and noticed the popularity.
He made a deal with Alex Foods in 1964, the provider of many items for Casa de Fritos at Disneyland, and produced the chips for a short time regionally, before it was overwhelmed by the volume, and Frito-Lay moved the production in-house to its Tulsa plant. ‘Doritos’ were first available in 1966, the first tortilla chip to be launched nationally in the United States.
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Record Store Day
Record Store Day is an internationally celebrated day observed the third Saturday of April each year. Its purpose, as conceived by independent record store employee Chris Brown, is to celebrate the art of music. The day brings together fans, artists, and thousands of independent record stores across the world.
Record Store Day was officially founded in 2007 by Eric Levin, Michael Kurtz, Carrie Colliton, Amy Dorfman, Don Van Cleave, and Brian Poehner and is now celebrated globally with hundreds of recording and other artists participating in the day by making special appearances, performances, meet and greets with their fans, the holding of art exhibits, and the issuing of special vinyl and CD releases, along with other promotional products to mark the occasion. Past Record Store Day ‘Ambassadors’ include: Metallica (2008), Jesse Hughes of Eagles of Death Metal (2009), Josh Homme of Queens of the Stone Age (2010), Ozzy Osbourne (2011), and Iggy Pop (2012).
Gumball 3000
The Gumball 3000 is an annual British 3,000-mile international road rally which takes place on public roads, with a different route around the world each year. Founded in 1999 by British entrepreneur Maximillion Cooper, it sees an annual entry of 120 cars, which are mostly exotic and powerful sports cars. However, more unusual entries (such as police cars and camper-vans) have been seen.
The Rally is not a serious race in the traditional sense of rally races – there are no prizes for being fastest or official timekeeping of any sort. Organizers emphasize that it is a road trip adventure and not a race. The accolade of ‘Spirit of the Gumball’ Trophy is awarded to the driver(s) each year that embody the fun freedom of spirit and adventure that the event strives for. It is often awarded to the drivers of the vehicle that has perhaps been regarded as an ‘underdog’ (such as the Citroen 2CV, a Ford Transit ice-cream van, or 1963 VW Campervan) – or to the participants that have completed the 3000 miles against all odds, such as fixing their broken vehicle, or getting lost en route.
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Paperclip
A paperclip is an instrument used to hold sheets of paper together, usually made of steel wire bent to a looped shape. Most paper clips are variations of the Gem type introduced in the 1890s or earlier, characterized by the almost two full loops made by the wire. Common to paper clips proper is their utilization of torsion and elasticity in the wire, and friction between wire and paper.
When a moderate number of sheets are inserted between the two ‘tongues’ of the clip, the tongues will be forced apart and cause torsion in the bend of the wire to grip the sheets together. Too many sheets will cause the elastic limit of the material to be exceeded, resulting in permanent deformation. Paper clips usually have an oblong shape with straight sides, but may also be triangular or circular, or have more elaborate shapes. The most common material is steel, but molded plastic is also used. Some other kinds of paper clip use a two-piece clamping system. Recent innovations include multi-colored plastic-coated paper clips and spring-fastened binder clips.
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PAL-V
PAL-V Europe is a Dutch company who are developing a flying car, the PAL-V One, an autogyro or gyrocopter, with a pusher propeller at the rear of the fuselage providing forward thrust and a free-spinning rotor providing lift. Directional stability is provided by twin boom-mounted tailfins.
It has a tricycle undercarriage with relatively large wheels. On the ground, the propeller and rotor are stopped and power is diverted to the wheels, allowing it to travel as a three-wheeled car. Unusually, it leans into turns like a motorcycle, a solution pioneered by the Carver vehicle, also produced by a Dutch company.
3DMark
3DMark is a computer benchmarking tool created and developed by Futuremark Corporation to determine the performance of a computer’s 3D graphic rendering and CPU workload processing capabilities. Running the application produces a 3DMark score, with higher numbers indicating better performance.
The 3DMark measurement unit is intended to give a normalized mean for comparing different PC hardware configurations (mostly graphics processing units and central processing units), which proponents such as gamers and overclocking enthusiasts assert is indicative of end-user performance capabilities. Founded in 1997 as ‘Futuremark’ by members of the former demoscene group ‘Future Crew,’ the company is the leading producer of computer benchmark applications in the world.
Frame Rate
Frame rate is the frequency (rate) at which an imaging device produces unique consecutive images called frames. The term applies equally well to computer graphics, video cameras, film cameras, and motion capture systems. Frame rate is most often expressed in frames per second (FPS), and is also expressed in progressive scan monitors as hertz (Hz).
The human visual system can process 10 to 12 separate images per second, perceiving them individually. The visual cortex holds onto one image for about one-fifteenth of a second, so if another image is received during that period an illusion of continuity is created, allowing a sequence of still images to give the impression of motion.
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Letterbox
Letterboxing is the practice of transferring film shot in a widescreen aspect ratio to standard-width video formats while preserving the film’s original aspect ratio. The resulting videographic image has mattes (black bars) above and below it; these mattes are part of the image (i.e., of each frame of the video signal). LTBX is the identifying abbreviation for films and images so formatted. The term refers to the shape of a letter box, a slot in a wall or door through which mail is delivered, being rectangular and wider than it is high.
Letterboxing is used as an alternative to a full-screen, pan-and-scan transfer of a widescreen film, in which the original image is cropped to the narrower aspect ratio of the destination format, usually the 1.33:1 (4:3) ratio of the standard television screen, whereas letterboxing preserves the film’s original image composition as seen in the cinema. Letterboxing was developed for use in 4:3 television displays before widescreen television screens were available, but it is also necessary to represent on a 16:9 widescreen display the unaltered original composition of a film with a wider aspect ratio, such as Panavision’s 2.35:1 ratio.
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Retronym
A retronym [re-truh-nim] is a type of neologism that provides a new name for something to differentiate the original version from a more recent one. The original name is most often augmented with an adjective (rather than being completely displaced) to account for later developments of the object or concept itself. Much retronymy is driven by advances in technology.
Examples of retronyms are ‘acoustic guitar’ (coined when electric guitars appeared), and ‘analog watch’ to distinguish from a digital watch. In the entertainment industry, this can manifest itself as calling a movie ‘Part 1’ once sequels are released or by slightly altering the title (e.g. ‘Star Wars: A New Hope’ or ‘Indiana Jones and the Raiders of the Lost Ark’) to emphasize its connection with the sequel(s), or by referring to a television series as ‘the original,’ as in ‘Star Trek: The Original Series.’
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Hyperbolic Discounting
In economics, hyperbolic discounting is a time-inconsistent model of discounting. Given two similar rewards, humans show a preference for one that arrives sooner rather than later. Humans are said to discount the value of the later reward, by a factor that increases with the length of the delay. This process is traditionally modeled in form of exponential discounting, a time-consistent model of discounting.
A large number of studies have since demonstrated that the constant discount rate assumed in exponential discounting is systematically being violated. Hyperbolic discounting is a particular mathematical model devised as an improvement over exponential discounting. Hyperbolic discounting has been observed in humans and animals.
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