Eroom's Law, in turn, observes that in the pharmaceutical sector the decline in innovation is itself constant: the yield of FDA-approved drugs per billion dollars spent has halved every nine years between 1950 and 2010.

Newly proletarianized workers were available to be exploited, while 'Lazarus layers' of the unemployed kept down wages, making production more profitable.

Makeup colors like ivory and blush dominate spring collections and have even infiltrated Burberry's shoes.

The path ended down by the sea at a crumbling ‘ingot’ of black coral, twenty yards in length & in height two men. ‘A marae, this is called,’ Mr Wagstaff informed me. ‘All over the South Seas you see ’em, I’m told.’