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COSTS OF TRANSFERRING 2,560 MP3s: TCP/IP: $1; TCP/SMS: $61,356,851.20; TCP/USPS: $307,072.00; Marginal cost born by cell service and SMS provider – $0.
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An oil trader demonstrates the hand signals used on the floor of the New York Mercantile Exchange. Text and graphics by Ben Schott, a contributing columnist.
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GREEAAT. Another chat format that doesn’t work with the formats that already exist. Wonderful.
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Anyway, here’s the moral of the story: each of these painful cutting processes made the thing read MUCH better. If I hadn’t faced the physical constraints of the printed page, it would have been a much more flabbily written piece.
Tags: An oil trader, Ben Schott, finance, OFFENDERS, Paul Krugman, Republican Party, SMS, TCP/IP, The New York Times, USD