Nation Branding an Emirate: Lessons from Ras al-Khaimah; Ras al-Khaimah, one of the seven sheikhdoms that constitute the United Arab Emirates, is looking for ways to create its own brand.

Nation Branding an Emirate: Lessons from Ras al-Khaimah

Dec 16, 2013 Arabic Middle East & Africa

Tucked away in the northernmost part of the United Arab Emirates (UAE), Ras al-Khaimah (RAK) has a population of only 231,000. Locals account for just about one-third of this figure, which means that the sheikhdom is run largely by foreign labor and talent. The Emirate doesn’t have any oil resources, so it cannot become a magnet for jobseekers to the level of, say, Saudi Arabia. Some other Emirates have registered themselves on the world stage as unique entities — Dubai, for instance, has become known as a financial center. Now RAK is looking to find differentiators of its own. Read more of this post

Brand Vandals: Reputation wreckers and how to build better defences

December 11, 2013 3:16 pm

‘Brand Vandals’, by Steve Earl and Stephen Waddington

Review by Maija Palmer

Brand Vandals: Reputation wreckers and how to build better defences, by Steve Earl and Stephen Waddington, Bloomsbury, £12.99

This book has the cover of a cheap thriller, and it is written much like one. The blunt language is clearly designed to shock. “Media has become a two-way weapon. Nobody can control it. It’s anarchy,” begins the first chapter, and the book goes on to describe a world where brand reputations are shredded by baying, internet-based mobs impervious to reason and from whom it is impossible to hide. Read more of this post

Why Other Countries Teach Better

December 17, 2013

Why Other Countries Teach Better

By THE EDITORIAL BOARD

Millions of laid-off American factory workers were the first to realize that they were competing against job seekers around the globe with comparable skills but far smaller paychecks. But a similar fate also awaits workers who aspire to high-skilled, high-paying jobs in engineering and technical fields unless this country learns to prepare them to compete for the challenging work that the new global economy requires. Read more of this post

The Philanthropists Who Built Mumbai

The Philanthropists Who Built Mumbai

by Naresh Fernandes | Dec 9, 2013

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The statue of Jamshetji Jejeebhoy in the hallway of JJ Hospital

Numerous works of public infrastructure in Mumbai were built by the city’s new millionaires of the 19th century

When the Bandra-Worli Sealink was finally opened to traffic on June 30, 2009, the media went into overdrive suggesting that the bridge over the creek separating north and south Mumbai was a symbol of new possibilities. Inaugurated after tens of thousands of residents witnessed a spectacular laser show and fireworks display, the Rs 1,600-crore project was hailed as “another jewel in Mumbai’s crown”, an “engineering marvel”, even “a fairy-tale structure created by the God in heaven”. Ajit Gulabchand, the head of Hindustan Construction Company, which had been contracted to build the bridge, declared that the Sealink was “truly…a monument to human skills, enterprise and determination”.
In 1845, similar excitement had greeted the inauguration of a bridge about a kilometre away from the Sealink. “…An immense concourse of every race and kindred, shade and hue” assembled to watch Bombay’s governor declare open the Mahim Causeway, reported The Bombay Times and Journal of Commerce. Music by military bands and a thundering gun salute rent the air. Like the Sealink, the Mahim Causeway, which is still in use a century-and-a-half later, is a testimony to human skill and determination. More significantly, though, it is a monument to a magnificent, sadly fading Mumbai tradition: Mind-bogglingly munificent support for public works. Funds for the project, which cost Rs 1.6 lakh (the equivalent of £17,000 at the time) had been donated by Lady Avabai Jejeebhoy, wife of the merchant Jamsetjee Jejeebhoy.
Until the Causeway was constructed, travel between Bandra and Mahim involved a boat journey, a trip that was especially precarious during the choppy monsoon. Lady Jejeebhoy was moved to loosen her purse strings after two especially fierce storms in 1841 caused 15 or 20 boats to capsise, claiming several lives. As in the case of the Sealink, the Causeway experienced significant cost overruns. The project was initially estimated to cost Rs 67,000, but Lady Jejeebhoy greeted each revision with generosity. Recounting the donor’s reaction to the escalation, Governor George Arthur said, “Lady Jamsetjee had frequently urged that, as the poorer classes of the community were concerned, it is no more than right and just that the rich should contribute to their wants.”
That radical notion, that the prosperous had a responsibility for the welfare of their less-fortunate neighbours, is what made Mumbai different from other Indian cities in the 19th century. In the rest of the subcontinent, charity was directed mainly towards religious and community activities. But Mumbai’s newly-minted millionaires, many of whom had made their fortunes selling cotton and opium to China, collaborated enthusiastically with the colonial administration to fund infrastructure and institutions for all residents, irrespective of caste or sectarian affiliation. They financed public hospitals and the new university, libraries and schools, drinking-water fountains and animal shelters. This made Mumbai, the urbanist Preeti Chopra has noted, a genuine “joint enterprise”, shaped as much by Indian aspirations as by the imperatives of colonialism.
The most notable of these philanthropists was Jamsetjee Jejeebhoy, a Parsi orphan from Navsari who moved to Mumbai to join his uncle, a bottle seller. Seizing the opportunities offered by the port-city and demonstrating an iron stomach for risk-taking, Bottlewaller—as he sometimes signed his letters—flourished in the China Trade. He eventually formed an alliance with the Scottish trader William Jardine. His acts of charity grew in lockstep with his prosperity. His first public philanthropic gesture came in 1822, when he spent Rs 3,000 to release men who had been jailed for failing to pay their debts.
By 1848, three years after the inauguration of the Mahim Causeway, Jejeebhoy had bequeathed £250,000 on public causes. By the time he died in 1859, he had made bequests to 126 public charities, the most visible of them being the two enormous Mumbai institutions that bear his name: The Sir JJ School of Art and the JJ Hospital. His benevolence is still revered. On his birthday on July 15, dozens of grateful Mumbai residents still offer coconuts and marigold garlands to the black statue of him that presides over a hallway in the JJ Hospital.

The generosity of the Jejeebhoy family was rivalled only by that of the Baghdadi Jewish Sassoon family, whose name also adorns a variety of establishments in Mumbai and Pune. The patriarch David Sassoon arrived in Mumbai in 1832, fleeing religious persecution at home in Baghdad. He began to export cotton to Persia.
He soon expanded into building wharfs and establishing a trade network that covered East Africa, Afghanistan and China. He and his sons also opened cotton textile mills, the engine of Mumbai’s economic growth, and, like the Jejeebhoys, made donations to public projects of all descriptions. These include the David Sassoon Library, the Jacob Sassoon School and the monument that stands at the heart of Mumbai’s business district, Flora Fountain, named for David Sassoon’s daughter-in-law.
David Sassoon
It wasn’t just Jewish and Parsi families who opened their purses. The diversity of the caste and religious groups from which Mumbai’s philanthropists were drawn can best be observed from reading the names on the marble plaques of pyaus—drinking-water fountains and troughs for humans and cattle—that still dot older parts of Mumbai: Indira Sahasrabuddhe, Khimji Mulji Randeria, MV Parulkar, Kessowji Naik, Husseub Karmali, Anand Vital Koli.
After building 40 fountains in Mumbai, one generous city merchant, Cowasji Jehangir “Readymoney”, even donated funds for one to be built in London’s Regents Park. When the structure was completed in 1869, he merited mention in the humour magazine, Punch. It noted that “Parsi money was better far than parsimony.” (His family would go on to fund the Convocation Hall at the Mumbai University, the Cowasji Jehangir Hall that now serves as the National Gallery for Modern Art, and the Jehangir Art Gallery.)
In the 20th century, the Tatas emerged as the city’s—and India’s—most generous business house. Just under 66 percent of the group’s profits go to charity. The Godrejs also fund programmes such as a mangrove reserve, a centre for Scouts, and the World Wide Fund for Nature.
But even as the number of wealthy residents has burgeoned, philanthropy seems to be a fading tradition in the city that once prized it as a prime virtue.
Though Mumbai is now home to nine of the 15 richest Indians and has the world’s seventh-highest concentration of high-net-worth individuals, they now seek ‘public-private partnerships’ that will bolster their profits, instead of viewing charity as a social obligation to the less fortunate. Little wonder, then, that Mumbai’s once-prized bridges between social classes seem to be crumbling.
Naresh Fernandes is a journalist and author. His most recent book is City Adrift: A Short Biography of Bombay

How Metaphors Affect Our Thinking and Behaviour

How Metaphors Affect Our Thinking and Behaviour

Dec 11, 2013

Spike W. S. Lee is an assistant professor of Marketing at the Rotman School of Management explains relation between Metaphors and Thinking

Your research is focused on the notion of metaphors in our thinking. What is the relationship between the way we think and the metaphors we use in everyday life? 

What we are finding is that our minds interact with our bodies in multiple ways, and that mind-body connections are often predicted by the metaphors we use.  My background is in Social Psychology. I’m very interested in how the human mind represents knowledge. For example, how do we understand unobservable, intangible, abstract notions like morality, love or trust? I study how these concepts are represented using bodily states.  For instance, we sometimes talk about morality in terms of ‘clean’ vs. ‘dirty’; or we talk about love as a ‘perfect fit’ between two people. We frequently use body-related metaphors to understand these abstract concepts. Read more of this post

Antarctica may have a new type of ice – diamonds

Antarctica may have a new type of ice – diamonds

11:03am EST

By Environment Correspondent Alister Doyle

OSLO (Reuters) – A type of rock that often bears diamonds has been found in Antarctica for the first time in a hint of mineral riches in the vast, icy continent that is off limits to mining, scientists said on Tuesday.

A 1991 environmental accord banned mining for at least 50 years under the Antarctic Treaty that preserves the continent for scientific research and wildlife, from penguins to seals.

Writing in the journal Nature Communications, an Australian-led team reported East Antarctic deposits of kimberlite, a rare type of rock named after the South African town of Kimberley famed for a late 19th century diamond rush.

“These rocks represent the first reported occurrence of genuine kimberlite in Antarctica,” they wrote of the finds around Mount Meredith in the Prince Charles Mountains.

No diamonds were found during the geological work that is allowed on the continent. Kimberlite, a volcanic rock from deep below the Earth’s surface, has now been discovered on all continents.

Geologists doubted the find could be commercial, largely due to Antarctica’s remoteness, cold and winter darkness. Teal Riley of the British Antarctic Survey said less than 10 percent of deposits of similar kimberlite were economically viable.

“It’s a big leap from here to mining,” he told Reuters. Minerals including platinum, gold, copper, iron and coal have previously been found in Antarctica.

EXTENDED BAN

The Antarctic Treaty is binding only on its 50 signatories but has the backing of major powers, including the United States and China. Many expect the ban on mining to be extended in 2041.

“There is likely to be little opposition to an extension of this prohibition, despite the potential discovery of a new type of Antarctic ‘ice’,” Nature Communications said in a statement.

Another expert said it was unclear.

“We do not know what the Treaty Parties’ views will be on mining after 2041 or what technologies might exist that could make extraction of Antarctic minerals economically viable,” said Kevin Hughes, of the Scientific Committee on Antarctic Research.

Riley said there was a fine line between geological mapping and prospecting with an eye to mining. Nations including Russia, Ukraine and China have been more active in surveying Antarctica in recent years.

The kimberlite deposit is also confirmation of how continents drift. The region of East Antarctica was once part of a continent known as Gondwana connected to what is now Africa and India, which also have kimberlite. BS

Guinness Records Magnate Emerges as Canada’s Richest Man

Guinness Records Magnate Emerges as Canada’s Richest Man

Investor James Pattison, owner of the Guinness Book of World Records, has emerged as Canada’s richest person after new information revealed that David K.R. Thomson, heir to the Thomson media empire, owns a smaller stake in his family’s investment company than previously reported. Pattison’s namesake conglomerate has more than a dozen businesses, including media distribution, grocery stores, outdoor advertising and auto dealerships. He has a fortune of $9.5 billion, according to the Bloomberg Billionaires Index. Read more of this post

What CEOs Say You Need to Get Ahead

What CEOs Say You Need to Get Ahead

Betty Liu is an award-winning journalist and host of Bloomberg Television’s “In the Loop.” Here is an excerpt from her book “Work Smarts,” published by John Wiley & Sons.

I interview people who are at the top of their careers: CEOs, economists, policy makers, entrepreneurs. Inevitably, I began to wonder: How did they get there and what made them successful while others failed? Why can’t we get beyond the “follow your passion” advice and really find out what it takes to forge a career that maximizes all your interests and skills? What holds people back? What gets them ahead? Read more of this post

How to innovate? Google exec explains; The best type of innovation is disruptive innovation. Who better to teach it than a star Google exec who ran the Pentagon’s R&D arm?

How to innovate? Google exec explains

By Patricia Sellers December 17, 2013: 8:51 AM ET

The best type of innovation is disruptive innovation. Who better to teach it than a star Google exec who ran the Pentagon’s R&D arm?

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FORTUNE — Disruptive innovation is the kind that unhinges old ways of operating, juices competition and creates new growth. One of the world’s leading experts on the subject is Regina Dugan, Motorola Mobility’s SVP in charge of Advanced Technology and Projects, a skunkworks-inspired unit devoted to delivering breakthrough innovations. Dugan joined Motorola Mobility, part of Google (GOOG), last year after heading the Defense Advanced Research Projects Agency (DARPA), the Pentagon’s R&D unit where scientific inflection points and critical applications–the essence of disruptive innovation, she says–have often intersected. DARPA’s legacy of radical innovation includes RISC computing, the Internet, miniaturized GPS, and those unmanned aerial vehicles popularly known as drones. Read more of this post

The Thought Leader: Examining the life cycle of a new intellectual paragon that has emerged to command our admiration

December 16, 2013

The Thought Leader

By DAVID BROOKS

Little boys and girls in ancient Athens grew up wanting to be philosophers. In Renaissance Florence they dreamed of becoming Humanists. But now a new phrase and a new intellectual paragon has emerged to command our admiration: The Thought Leader.

The Thought Leader is sort of a highflying, good-doing yacht-to-yacht concept peddler. Each year, he gets to speak at the Clinton Global Initiative, where successful people gather to express compassion for those not invited. Month after month, he gets to be a discussion facilitator at think tank dinners where guests talk about what it’s like to live in poverty while the wait staff glides through the room thinking bitter thoughts. Read more of this post

Graham Mackay, Creator of Global Brewer SABMiller, Dies

Graham Mackay, Creator of Global Brewer SABMiller, Dies

Graham Mackay, the executive who built SABMiller (SAB) Plc into the world’s second-biggest beermaker, has died. He was 64. Mackay passed away this morning with his family at his side, the company said today in a statement. The native South African stepped down as chief executive officer following surgery for a brain tumor on April 22, 2013. He resumed his role as non-executive chairman on Sept. 5, 2013 before again stepping back last month. Read more of this post

Mahjong may be HK’s elixir of life

Mahjong may be HK’s elixir of life

Tuesday, December 17, 2013 – 03:00

Li Xueying

The Straits Times

Like a scene out of a Hong Kong triad movie, the mahjong parlour in Temple Street is filled with cigarette smoke, the incessant click-clack of tiles and the grim, hard faces of gamblers. Read more of this post

Got a Light? Olympic Torch Relay Seems Cursed to the Ends of the Earth

December 17, 2013

Got a Light? Olympic Torch Relay Seems Cursed to the Ends of the Earth

By SARAH LYALL

It was bad enough when the Olympic flame went out and had to be relit with a disposable lighter rather than the official backup flame, and even worse when a torchbearer managed somehow to set himself on fire in the Siberian city of Abakan. Read more of this post

Life Coaching is a $2 billion dollar industry with no standard required certification. So what the hell does a life coach really do?

A LOOK INSIDE THE “WILD WEST” OF LIFE COACHING

LIFE COACHING IS A $2 BILLION DOLLAR INDUSTRY WITH NO STANDARD REQUIRED CERTIFICATION. SO WHAT THE HELL DOES A LIFE COACH REALLY DO?

BY DRAKE BAER

“I was stuck,” says BrandAxion president Jeff Danzer. In September, the marketing strategy entrepreneur says he realized that something was amiss: the projects that used to be getting greenlights were forming a traffic jam at his desk. “I started looking for an executive skills coach because I realized I needed some help,” he says. Read more of this post

Two lions in winter: Lee Kuan Yew and Fidel Castro both took office as prime ministers in 1959. The fortunes of S’pore and Cuba then are vastly different now. By Peter A Coclanis

PUBLISHED DECEMBER 14, 2013

Two lions in winter

Lee Kuan Yew and Fidel Castro both took office as prime ministers in 1959. The fortunes of S’pore and Cuba then are vastly different now. By Peter A Coclanis

LEE KUAN YEW: Can legitimately feel great satisfaction with his life’s work. – ST FILE PHOTO

TODAY few people would think of associating, much less equating, Cuba with Singapore. After all, the Republic is one of the wealthiest and most developed countries in the world and Cuba is, well, Cuba – a developing country and one of the few remaining communist states on Earth. The two island nations would seem to have little in common these days and there are few notable connections or ties between them. Read more of this post

Delivering on the promise: UPS International head Jim Barber fast-tracked to the top while grounded in solid values

PUBLISHED DECEMBER 14, 2013

Delivering on the promise

UPS International head Jim Barber fast-tracked to the top while grounded in solid values. By Malminderjit Singh

IN an era where corporations prefer to parachute in management leaders to run their business instead of promoting inbred talent, or where job loyalty may be given less priority, global logistics provider UPS stands out as being unique. Read more of this post

Sweden rethinks pioneering school reforms, private equity under fire

Sweden rethinks pioneering school reforms, private equity under fire

Tue, Dec 10 2013

By Niklas Pollard

STOCKHOLM (Reuters) – When one of the biggest private education firms in Sweden went bankrupt earlier this year, it left 11,000 students in the lurch and made Stockholm rethink its pioneering market reform of the state schools system. Read more of this post

Corporate governance: The perils of the ‘business case’

The perils of the ‘business case’

Published December 14, 2013

Mak Yuen Teen

Look further ahead: Corporate governance is about enhancing long-term shareholder value; and embracing sustainability, diversity and ethical behaviour is likely to help companies achieve that. Fixation with the short-term ‘business case’ runs counter to good corporate governance. – PHOTO: REUTERS

LAST year, someone who is active in the sustainability area in Singapore shared with me that many companies are engaging in sustainability initiatives only because they expect to see these being translated into profits.  Read more of this post

People don’t actually like creativity. To live creatively is a choice. You must make a commitment to your own mind and the possibility that you will not be accepted. You have to let go of satisfying people, often even yourself

Inside the Box

People don’t actually like creativity.

By Jessica Olien

In the United States we are raised to appreciate the accomplishments of inventors and thinkers—creative people whose ideas have transformed our world. We celebrate the famously imaginative, the greatest artists and innovators from Van Gogh to Steve Jobs. Viewing the world creatively is supposed to be an asset, even a virtue. Online job boards burst with ads recruiting “idea people” and “out of the box” thinkers. We are taught that our own creativity will be celebrated as well, and that if we have good ideas, we will succeed. Read more of this post

Gary Vaynerchuk’s 6 Secrets To Creating Great Social Content

Gary Vaynerchuk’s 6 Secrets To Creating Great Social Content

ALISON GRISWOLD0DEC 14, 2013, 02.49 AM

It’s no secret that social media can be a key ingredient to success for small businesses. But harnessing the power of social and creating engaging, shareable content is often more difficult than they expect. Author and entrepreneur Gary Vaynerchuk thinks he may have found the magic formula. And considering his 1 million followers on Twitter and 150,000 followers on Facebook, he seems to be onto something. Read more of this post

Students taught to beat the haze in China… with kungfu

Students taught to beat the haze in China… with kungfu

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Saturday, Dec 14, 2013

These students aren’t preparing for a martial arts tournament – they are learning a set of moves to help their bodies cope with air pollution. A primary school in Shijiazhuang, Hebei Province has started to teach children a special set of martial arts so that they can protect themselves from the haze in China, according to chinanews.com. The regimen comprises 23 moves believed to enhance physical fitness and strengthen the lungs and tendons of the body. Haze levels in China have surged off the charts in recent months, and are expected to increase even further during the winter months, when colder temperatures keep polluted air nearer the ground instead of dispersing it higher in the atmosphere.

3-Year-Old Left Brain Damaged After Dentist Allegedly Gave Her Too Much Anesthesia

3-Year-Old Left Brain Damaged After Dentist Allegedly Gave Her Too Much Anesthesia

PAMELA ENGEL0DEC 14, 2013, 12.41 AM

The parents of a 3-year-old girl plan to sue a dentist who allegedly gave their daughter excessive anesthesia and sedatives that caused irreparable brain damage, KFVE in Hawaii reports. Read more of this post

Gary Vaynerchuk’s 6 Secrets To Creating Great Social Content

Gary Vaynerchuk’s 6 Secrets To Creating Great Social Content

ALISON GRISWOLD0DEC 14, 2013, 02.49 AM

It’s no secret that social media can be a key ingredient to success for small businesses. But harnessing the power of social and creating engaging, shareable content is often more difficult than they expect. Author and entrepreneur Gary Vaynerchuk thinks he may have found the magic formula. And considering his 1 million followers on Twitter and 150,000 followers on Facebook, he seems to be onto something. Read more of this post

This New Form-Fitting Spacesuit Could Revolutionize How Astronauts Move In Space

This New Form-Fitting Spacesuit Could Revolutionize How Astronauts Move In Space

HARRISON JACOBS0DEC 13, 2013, 10.23 PM

Spacesuits are sometimes called the world’s smallest spacecraft, but they are anything but small for the astronauts wearing them.

MIT Aeronautics researcher Dava Newman has been working for more than a decade on a revolutionary space suit that could change all that. Read more of this post

$16 Million Gold Mao Statue Unveiled In China

$16 Million Gold Mao Statue Unveiled In China

AGENCE FRANCE PRESSE0DEC 13, 2013, 06.07 PM

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A gold and jade statue of Mao Zedong worth more than $16 million was unveiled Friday, in the latest example of Communist China’s indecision over how to commemorate its founding father’s 120th anniversary.

Read more of this post

The man who invented the karaoke machine never patented it

The man who invented the karaoke machine never patented it

By Roberto A. Ferdman @robferdman December 18, 2013

Daisuke Inoue should be sitting on a fortune right now. Back in 1971 Inoue brought the world’s first karaoke machine to market. Had he patented his invention, the royalties from the device that now populates bars and homes all over the world might be worth millions. But he never did. Read more of this post

Butter chicken at Birla: What succeeds at home may not work overseas. The chairman of Aditya Birla Group, Kumar Birla, says Indian companies must be prepared to change long-held traditions if they are to thrive on the global stage

Butter chicken at Birla

What succeeds at home may not work overseas. The chairman of Aditya Birla Group, Kumar Mangalam Birla, says Indian companies must be prepared to change long-held traditions if they are to thrive on the global stage.

December 2013 | byKumar Mangalam Birla

Mahatma Gandhi was killed in my great-grandfather’s home. Near the end of his life, India’s founding father used to stay at Birla House when he came to Delhi, and in January 1948 an assassin shot him point-blank as he walked out into the grassy courtyard where he held his daily prayer meetings. The house and garden are now a shrine and museum, visited by tens of thousands of admirers every year. Read more of this post

Reimagining India: Two of McKinsey’s India directors examine the success of companies seeking to expand internationally and recommend how to turn domestic strength into a global presence

Reimagining India: A conversation with Alok Kshirsagar and Gautam Kumra

Two of McKinsey’s India directors examine the success of companies seeking to expand internationally and recommend how to turn domestic strength into a global presence.

December 2013

India has no shortage of world-class domestic companies. In this video interview, McKinsey directors Alok Kshirsagar and Gautam Kumra discuss how successful many have been at expanding internationally, laying out a four-point approach that Indian companies can adopt to improve their odds of winning on the global stage. What follows is an edited transcript of their remarks. Read more of this post

The Selling of Attention Deficit Disorder

December 14, 2013

The Selling of Attention Deficit Disorder

By ALAN SCHWARZ

The Number of Diagnoses Soared Amid a 20-Year Drug Marketing Campaign

After more than 50 years leading the fight to legitimize attention deficit hyperactivity disorder, Keith Conners could be celebrating. Severely hyperactive and impulsive children, once shunned as bad seeds, are now recognized as having a real neurological problem. Doctors and parents have largely accepted drugs like Adderall and Concerta to temper the traits of classic A.D.H.D., helping youngsters succeed in school and beyond. Read more of this post

Surprise! Generic-Drug Prices Spike

Surprise! Generic-Drug Prices Spike

By Alan Katz December 12, 2013

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Bill Drilling, an owner of a pharmacy in Sioux City, Iowa, apologizes as he rings up a customer’s three-month supply of the heart medicine digoxin. The total is $113.12—almost 10 times the cost for the same prescription in August. Digoxin isn’t a new miracle drug. It’s a plant-derived medicine that’s been in use since the 18th century and one of nearly 100 generics that have at least doubled in price over the past year, an unprecedented number, according to pharmacists and industry consultants. “I’ve been doing this since 1985, and the only direction that generics-drug prices have gone is down,” Drilling says. Read more of this post