"..there are two ways to give directions. One is using a so-called "route perspective", as in the example above. This adopts a first-person spatial perspective and is characterized by references to turns and landmarks. The other is a so-called "survey perspective", which gives directions as if looking down upon a map. This type of direction giving is characterized by references to cardinal directions (North, South, East and West) and precise distances.
And which is better?
When Hund's team used a fictitious model town made of plywood to test the ability of undergraduates to follow directions, they uncovered a curious anomaly. The students reported finding route perspective directions easier to follow and yet they steered a toy car to a destination more quickly and effectively when they were following cardinal directions."
Amazing post - perfectly posited imo. The most powerful lines for me:
"Entrepreneurs that start and run small businesses will be the propellant in this economy. PE Obama needs to have the counsel of those who will take the real risk inherent in creating companies and jobs. Those who put their money and lives on the line with their business...Your current group has no one with 100pct of their networth on the line. I promise you that the possibility of losing it all will provide a completely different perspective than any of the “knowledge” the esteemed, learned members of his current advisory team offer."
http://business.timesonline.co.uk/tol/business/markets/artic...
"As nine central banks used currency swaps to oil the wheels of dollar liquidity in the money markets, sterling plunged and was on course for its steepest one-day drop against the dollar for at least a decade and a half."