The general manager of the Chilean mint has been sacked for negligence after thousands of 50 peso coins were issued with the country’s name spelled wrongly.
The general manager of the Chilean mint has been sacked for negligence after thousands of 50 peso coins were issued with the country’s name spelled wrongly. "On the 2008 batch of 50 peso coins, which are worth about 6p, the country's name was misspelt. Instead of C-H-I-L-E, the coins had C-H-I-I-E stamped on them, the BBC reports. If that wasn't bad enough, no one noticed the spelling mistake until late 2009. The coins have since become collectors' items and the mint says it has no plans to take them out of circulation. Locals have even been hoarding the coins in the hope they will rise in value. However, the mistake has cost the mint's general manager, Gregorio Iniguez, and several other employees, their jobs. It is not the first embarrassing blunder at the Chilean mint. Last October, someone there sold a rare medal, which should have been housed in the institution's museum, to a coin collector."
Lumina Foundation is partnering with Big Think to unearth the next large-scale, rapid innovation in post-high school education. Enter the competition here!
Butter supply and life satisfaction are linked – but by causation or correlation?
- Haiti and other countries with low butter supply report low life satisfaction.
- The reverse is true for countries like Germany, which score high in both categories.
- As the graph below shows, a curious pattern emerges across the globe. But is it causation or correlation?
Advances in satellite imagery are shining a light.
- Today, there are 40.3 million slaves on the planet, more than the number of people living in Canada.
- Slavery can be hard to find, but it commonly occurs in several key industries like fishing and mining.
- Using satellite data, researchers and activists are using crowdsourcing and artificial intelligence to identify sites where slavery is taking place.
The catacombs of Paris. Secret graffiti beneath NYC. The hidden cities of Cappadocia. Writer and explorer Will Hunt is your philosophical tour guide to what lies beneath.
- "The surface of the earth is where we're rational . . . Part of us dreads the chaos, and part of us is always attracted to it."
- "There were these things hanging from the ceiling…long strands of bacteria called "snotsicles"… But at our feet was a natural stream that had been running through Brooklyn forever."
- "It's…about death. Undergoing a death. We're going into the other world and then retreating to the surface… changed in some way."
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.