Quotulatiousness

January 30, 2022

“I stand corrected. All retail sucks, not just book retail”

Filed under: Books, Business, Economics — Tags: , — Nicholas @ 03:00

Following up to the issue of book store-to-publisher returns last week (here), Kenneth Whyte discovered that other retailers are not that different from the book business after all:

“Indigo Books and Music” by Open Grid Scheduler / Grid Engine is licensed under CC0 1.0

Last week I wrote about the horrible, wasteful publishing-wide policy of booksellers returning unsold books for full refunds rather than putting them on sale. Some 30 percent of books in stores are sent back to publishers who bury, pulp, or remainder them. I compared this practice to other retail sectors:

    If I were in the ugly sweater business, I’d sell 500 ugly sweaters to Saks at $200-a-piece. Saks pays me 500x$200=$100,000, marks the ugly sweaters up to $500, and lays them out on tidy glass shelves under track lighting. Whatever is left after the Christmas season is marked down to half price on crowded sales racks. If Saks still has some ugly sweaters in January, it will ship them to the outlet store where they’re offered at still greater discounts.

Our friend, author and regular SHuSH reader Ken McGoogan, sent my comments to a mature student he teaches. She comes from the fashion industry and says it’s not so simple:

    The reality is, if Saks cannot sell that ugly sweater, they will ask for mark-down money from the brand (the wholesaler) who sold them that ugly sweater. If the brand is not willing to give Saks that mark-down money, they will never carry anything from the brand again. Is mark-down money better than returns? Honestly, it’s not that much better. The amount of the mark-down money is an often shocking figure. And this is not just for Saks, all big retailers do it, without exception.

    Barnes & Noble or Chapters are just like department stores. The business model is the same. The only thing is, if the readers found out how much waste the book returns are generating every year, it’ll be a big turn off for the customers. They’d rather force themselves to read e-books or audio books than be part of the wasteful culture. Especially for the younger generation, they are buying less garments because of the fashion industry’s wasteful level. Fyi, a lot of new clothes and unsold inventories are burned every year as they are running out of storage spaces.

I stand corrected. All retail sucks, not just book retail. And the book industry had better sort this out before the aforementioned younger generation begins to focus on it.

January 29, 2022

Viewing with alarm — Substack is a place where “misinformation is allowed to flourish”

Filed under: Business, Liberty, Media, Technology — Tags: , , , , — Nicholas @ 03:00

Matt Taibbi posts, appropriately, on Substack about demands by others to force Substack to censor writers and their content:

Substack is home to tens of thousands of writers and over a million paying subscribers, quadruple last year’s total of 250,000. The sites range from newsletters for comics enthusiasts to crypto news to recipe ideas. Like the Internet as a whole, it’s basically a catalogue of everything.

Still, panic campaigns in legacy press consistently focus on handfuls of sites, and with impressive dishonesty describe them as representative. I was particularly struck by a recent Mashable article that talked about a supposed “backlash” against Substack’s “growing collection of anti-trans writers”, which seemed to refer to Jesse Singal (who is no such thing) and Graham Linehan and — that’s it. Substack is actually home to more trans writers than any other outlet, but to the Scolding Class, that’s not the point. The company’s real crime is that it refuses to submit to pressure campaigns and strike off Wrongthinkers.

Substack is designed to be difficult to censor. Because content is sent by email, it’s not easy to pressure platforms to zap offending material. It doesn’t depend on advertisers, so you can’t lean on them, either. The only real pressure points are company executives like Hamish McKenzie and Chris Best, who are now regular targets of these ham-fisted campaigns demanding they discipline writers.

The latest presents Substack as a place where, as Mashable put it, “COVID misinformation is allowed to flourish”. The objections mainly center around Joseph Mercola, Alex Berenson, and Robert Malone. There are issues with the specific critiques of each, but those aren’t the point. Every one of these campaigns revolves around the same larger problem: would-be censors misunderstanding the basic calculus of the freedom of speech.

Even in a society with fairly robust protections, as ours once was, the most dangerous misinformation is always, without exception, official.

As the old joke from the Cold War had it, never believe any rumour until it’s been officially denied.

Censors have a fantasy that if they get rid of all the Berensons and Mercolas and Malones, and rein in people like Joe Rogan, that all the holdouts will suddenly rush to get vaccinated. The opposite is true. If you wipe out critics, people will immediately default to higher levels of suspicion. They will now be sure there’s something wrong with the vaccine. If you want to convince audiences, you have to allow everyone to talk, even the ones you disagree with. You have to make a better case. The Substack people, thank God, still get this, but the censor’s disease of thinking there are shortcuts to trust is spreading.

January 27, 2022

QotD: American cars after 1970

Filed under: Business, Quotations, USA — Tags: , , , , — Nicholas @ 01:00

If you weren’t there, I don’t think I can adequately convey to you just how bad American products were back in the Seventies and Eighties.

Especially cars. American-made cars were almost Soviet, in that if you happened to get one made by the one factory the one day the workers weren’t falling down drunk on the job, it might run … for a while. American workers weren’t drunk, of course, but they were unionized, which from a quality control perspective amounted to the same thing. Chrysler and especially General Motors were little more than employee pension plans that occasionally cranked out a crappy car. Not to take anything away from underhanded Japanese business practices back then — “dumping” etc. — but you had to give the Nips this, their shitboxes actually worked.

Even ten-thumbs guys like me became at least semi-adequate shade tree mechanics, because we had to keep the Sixties hand-me-down cars that got us through college running well into the 1990s, or we’d have to walk. No one in his right mind bought an American-made car from any year after 1970. Take that out for any large consumer product, and there you had it. Thanks, Big Labor!

But here in Clown World, the dilithium crystals have reversed polarity, so what was already fake and gay back at the very dawn of the Fake and Gay Era (future historians, please credit me for that coinage in your textbooks) is now a pillar of probity. The enemy of my enemy is my friend, and Big Labor is definitely shaping up to be the enemy of Big Government. Brandon’s puppetmasters have clearly decided to go for the quadruple axel, politically — they’re going to totally alienate every single cisgender, heteronormative member of their old coalition, so that when they finally make Utopia with just Intersectional Genderfluids of Color, even the French judge will be forced to give them a 10.

It’s a bold strategy, Cotton … let’s see how it works out for them. In the meantime, yeah, if you’ve got a tradesmen’s local in your area, buy ’em a box of donuts or something. They’re fighting the good fight on this one.

Severian, “Friday, No Job, Etc.”, Founding Questions, 2021-10-22.

January 23, 2022

The oddity of the bookselling business

Filed under: Books, Business, Economics — Tags: , , — Nicholas @ 03:00

Unlike so many other retail operations, book stores have a different sales cycle because they can generally return unsold books (in good condition) to the publisher for a full refund. This means that 30% or more of the books on the shelf at Christmas will be shipped back to the publisher early in the new year, only to appear again on the discount shelves a year or two later for a fraction of the original retail price (and often in rather worse shape for all the additional handling). In the latest SHuSH newsletter, Kennethy Whyte calls this the worst problem in book publishing:

“Indigo Books and Music” by Open Grid Scheduler / Grid Engine is licensed under CC0 1.0

Book publishing doesn’t work like most other retail businesses. If I were in the ugly sweater business, I’d sell 500 ugly sweaters to Saks at $200-a-piece. Saks pays me 500x$200=$100,000, marks the ugly sweaters up to $500, and lays them out on tidy glass shelves under track lighting. Whatever is left after the Christmas season is marked down to half price on crowded sales racks. If Saks still has some ugly sweaters in January, it will ship them to the outlet store where they’re offered at still greater discounts.

What happens to them if they don’t sell at the outlet doesn’t interest me because I’ve got my $100,000. If Saks ordered far too many ugly sweaters, that’s Saks’ problem.

In the book world, I sell 1,000 copies of a book to a retail chain like Barnes & Indigo for $15-a-piece, half the retail price. Barnes & Indigo pays me 1,000x$15=$15,000 and maybe puts some of the books on a front table, or maybe buries them on a bottom shelf in the darkest corner of the store. I might sell a two hundred, four hundred, or six hundred copies.

Let’s be generous and say 600 sell at Barnes & Indigo through the autumn and over the holidays. Come January, the store doesn’t put the remaining stock on sale: it packs up the unsold 400 and ships them back to me for a full refund. The 400 returns, or at least those of them that aren’t crumpled or coffee-stained, go back into the warehouse, which charges me fees to process the returns and more fees to store them. Sometime later, I get a notice of the returns and regret that extra glass of wine I ordered at dinner the night I thought I sold Barnes & Indigo $15,000 worth of books when, in fact, I only sold $9,000 worth of books, perhaps leaving me under-water on that particular title. I also regret boasting of the $15,000 sale to the author, who probably did some royalty math in his head and thought he was getting 40% more than he’ll actually receive.

Returns at publishing houses run somewhere between 25% and 30% annually, across all titles. That’s despite Amazon with its ruthlessly efficient algorithms seldom buying many more copies than it needs, and despite ebooks and audiobooks (which amount to a quarter of sales for many publishers) having almost zero returns.

Millions of books are returned to publishers at this time of year. Sales are slower in January and February, so bookstores hurriedly return all their remaining holiday-season stock and whatever else hasn’t moved to keep themselves in cash. Some of the returns go back into storage. Eventually, most are remaindered, or pulped, or buried. It’s a colossal waste of paper and ink, a headache in terms of shipping/handling/accounting, and dispiriting as heck. You might think you had a great year, hit all your sales targets, exceeded them, even, and then in about the third week of January begins the drip drip drip of returns, and it continues steadily through March. That’s if you’re lucky and it’s drips, not waves. And while the returns are concentrated in the first quarter, your books are returnable year-round, so even a pleasant summer afternoon can be ruined by the unexpected arrival of a pallet of unwanted stock.

January 21, 2022

QotD: Wrecking online civility is merely a byproduct

Filed under: Business, Media, Quotations — Tags: , , , — Nicholas @ 01:00

… social media tends to reinforce bubbles in the interest of promoting engagement and increased screen time (and therefore exposure to advertising.)

Turning people into hateful shitheads raging in echo chambers is just a side effect.

Tamara Keel, Twitter, 2021-10-19.

January 16, 2022

Library borrowing versus book store sales

Filed under: Books, Business, Cancon, USA — Tags: , , — Nicholas @ 05:00

I used to be a regular library user, but tapered off substantially after a few unhappy visits to the Toronto Reference Library on Yonge Street in the late ’80s (I’m now fully a believer in some of the wilder tales of disruptive and even criminal behaviour within libraries). I had my doubts about the direction most western library systems chose to concentrate on “popular” books and to get rid of “old” or infrequently borrowed books. It seemed to me that this was an attempt to set up libraries in direct competition with bookstores, and a deliberate act of neglect toward the function of libraries as repositories of valuable but less popular media. In the latest SHuSH newsletter, Kenneth Whyte details a fascinating natural experiment we’ve all be involved in over the last two years that seems to prove that library systems have been, in effect, taking money away from book sellers:

“Toronto Public Library” by Jim of JimOnLight is licensed under CC BY-NC-ND 2.0

Those of you who have been reading SHuSH for a while know that I suspect public libraries are doing harm to the publishing industry and author incomes.

Before the shooting starts, my standard qualifiers: I love libraries; they do a lot of fine work and are crucial civic institutions, running many outstanding programs and providing many necessary services, including the lending of books to children and people who genuinely can’t afford to buy them; I am always in libraries for research and to borrow and read hard-to-find books; I don’t want libraries to go away; I don’t want them harmed; I want their lending practices adjusted before they swallow what’s left of commercial publishing, book retailing, and, along with it, what’s left of author incomes.

By way of background, I’ve written at length in previous newsletters about how public libraries in the last decades of the last century abandoned their traditional role as gatekeepers of the culture, responsible for the moral, intellectual, and aesthetic growth of the public, choosing instead to pander to their patrons. They began pimping the likes of Mickey Spillane and Jacqueline Susann to goose the foot traffic and circulation stats they habitually use to demand of their political masters more funding and better buildings.

Over time, librarians have trained people who can afford to buy books for their own entertainment — the vast majority of library reading is for entertainment — to borrow them instead. Today, three out of four books read in the US and four out of five read in Canada are borrowed, not bought. That is bad for publishing, bookselling, and author incomes.

And then the Winged Hussars Wuhan Coronavirus arrived:

I believe it is self-evident that spending loads of taxpayer money to make the most popular books available at no charge at dozens of points around a city (as well as online) undermines retail sales of books, as it would if the same were done for coffee, running shoes, or Leafs’ tickets.

I have to admit, at the same time, that I’ve lacked hard evidence showing a portion of book borrowing represents lost sales. Nobody has thoroughly researched the question (it certainly isn’t in the interests of libraries to do so). The absence of a smoking gun has made it easy for library defenders to throw up their hands: maybe there’s a relationship, maybe not. People love free shit and will cheerfully strangle good faith to retain access to it.

I’ve tried to devise ways to prove conclusively that libraries are seriously undermining book sales. Maybe some huge experiment where we closed the public libraries in a large jurisdiction and studied what happened to retail book sales. But who was going to organize that? It seemed impossible until COVID-19 stepped up.

Libraries across North America and, indeed, around the world, have been closed, semi-closed, or otherwise limited in their borrowing activities throughout the two-year course of the pandemic. According to Library Journal, total circulation of library materials collapsed by 25.7% in 2020 (notwithstanding a huge spike in e-book borrowing). It looks like physical borrowing fell by roughly half. The 2021 numbers aren’t out yet but individual library reports suggest they will look a lot like 2020.

Meanwhile, over in publishing land, the champagne corks are flying. US book sales, which grew healthily in the first pandemic year 2020, grew again in 2021 and are now 19% ahead of the pre-pandemic year, 2019. All the major publishers have reported smashing sales (attributing the increase to their own genius). All categories are up, including adult fiction (31% over 2019) and adult non-fiction (10% over 2019).

Going by these numbers, it appears that a roughly 25% reduction in library borrowing leads over a two-year period to an increase of 19% in bookselling. I wouldn’t bank on those numbers, or even on the rough proportions, but I think the data demonstrates that when you make books more difficult to borrow for free, people turn more frequently to booksellers.

January 15, 2022

The futility of “ethical” divestment agitation

In C2C Journal, William McNally explains why activists are demanding that university investments be moved away from fossil fuel companies in favour of “green” investment, and why it won’t work the way they expect:

A recent press release announced that 100 faculty and other staff at three Ontario postsecondary institutions have petitioned the University Pension Plan (UPP) to divest from the fossil fuel sector. The UPP manages the pension funds for over 30,000 employees at the University of Toronto, Queen’s and Guelph. The press release was issued by Shift Action, an organization that helps activist pension members agitate for divestment from what it calls “high-carbon, high-risk fossil fuel investments” such as oil producers and pipeline companies, and shift investments to a “decarbonized” portfolio focused on climate solutions.

I highlighted the UPP petition to draw attention to its activist source, but it is not unique, as it reflects a broader trend of politically driven or, as proponents prefer, “ethical” investing. The motivating claim for divestment in the Shift press release is that we are experiencing a “worsening climate crisis”. That too is a common sentiment nowadays. Because it is a crisis, we have a moral duty to mitigate the threat. The underlying reasoning is that divestment will starve fossil fuel companies of capital and less capital means less production which, in turn, means less CO2 emitted and ultimately slower climate change.

All campaigns of this sort trigger some immediate questions, such as, why choose a strategy as indirect as divestment? Why not reduce fossil fuel use in one’s own backyard, in this case the universities? Looking more broadly, Shift’s argument is more wishful thinking than sound economic analysis. Investors should feel free to hold any portfolio they want, but they should do so without illusions. In particular, they shouldn’t expect divestment to influence climate change by starving oil and natural gas companies of capital.

The first thing wrong is the underlying motivation: there is no climate crisis. As well-known author Bjorn Lomborg states in his most recent book, False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet: “Climate change is real, but it’s not the apocalyptic threat that we’ve been told it is.” One of the clearest ways to see this is through climate economics. Scenarios set out by the Intergovernmental Panel on Climate Change (IPCC) forecast that over the next 80 years worldwide GDP per capita will likely increase to 450 percent of today’s level.

Lomborg estimates that climate damages will reduce this anticipated increase to 434 percent. Climate change is a problem. Accepting all of the assumptions that went into this modelling, climate change is likely to leave us somewhat less well off than we otherwise would be, by modestly slowing humanity’s overall progress. But judging by these figures, it is not a crisis.

H/T to Robert at SDA for the link.

January 14, 2022

Industry with 1% profit margins accused of earning “record profits”

Filed under: Business, Economics, Media, Politics, USA — Tags: , , , — Nicholas @ 03:00

Joe Lancaster on Senator Elizabeth Warren’s renewed assault on the top-hatted, monocle-wearing robber barons of the grocery business:

“Piggly Wiggly” by afiler is licensed under CC BY-SA 2.0

… Warren could hardly have picked a worse industry to use as an example: Grocery stores consistently have among the lowest profit margins of any economic sector. According to data compiled this month by New York University finance professor Aswath Damodaran, the entire retail grocery industry currently averages barely more than 1 percent in net profit. In its most recent quarter, Kroger reported a profit margin of 0.75 percent, during a time in which Warren claims that the chain was “expanding profits” due to its “market dominance.”

In actuality, for much of the last year, grocery stores have seen enormous boosts in revenue, but not increased profitability, for the simple reason that everything has been costing more: not just products, but transportation, employee compensation, and all the extra logistical steps needed to adapt to shopping during a pandemic. Couple that with persistent inflation — which Warren also recently blamed on “price gouging” — and it is no wonder that things seem a bit out of balance.

Warren has had an itchy trigger finger for antitrust laws for some time. In 2019, as part of her presidential platform, she called for using the laws to forbid retailers from selling their own products. This would affect industry leaders like Amazon and Walmart, but ironically, it would have a devastating impact on grocery stores as well: Grocers increasingly rely on their own proprietary goods to stock cheaper alternatives alongside name brands. This provides not only less expensive options for consumers, but lower costs to the stores themselves. Store brands also help fill gaps created by external supply shortages.

January 13, 2022

How A Village Keeps India’s Handmade Shuttlecock Industry Alive | Still Standing

Filed under: Business, India, Sports — Tags: , — Nicholas @ 02:00

Business Insider
Published 10 Sep 2021

Jadurberia village is the shuttlecock capital of India where workers have been making badminton birdies for generations. But the rise of mechanized assembly lines and the popularity of synthetic shuttlecocks are threatening to shut down small factories like the Niyogi family’s Dodo Shuttles.

For more information, visit http://www.dodoshuttles.com/.

——————————————————

#Shuttlecock #StillStanding #BusinessInsider

Business Insider tells you all you need to know about business, finance, tech, retail, and more.

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How A Village Keeps India’s Handmade Shuttlecock Industry Alive | Still Standing

January 11, 2022

Mailer, cancelled. Question mark?

Filed under: Books, Business, Media, Politics, USA — Tags: , — Nicholas @ 03:00

In the most recent SHuSH newsletter, Ken Whyte outlines the “cancellation” of the late Norman Mailer by his Random Penguin editors … maybe … but probably not really:

American writers John Updike, Norman Mailer, and E. L. Doctorow at the PEN Congress, January 1986.
Photo by Bernard Gotfryd via Wikimedia Commons.

You have to feel for Norman Mailer, the late author of some forty books and a two-time winner of the Pulitzer Prize. There he lay, resting in well-deserved peace in the winter quiet of Provincetown Cemetery after a lifetime of fighting mankind’s greatest causes — civil rights, an end to war, the Great American Novel, his urgent libido — when out of nowhere comes a report that he has been canceled by his long-time publisher, Random House.

“With slow-mo hammer-dropping predictability,” wrote Michael Wolff in the newsletter, The Ankler, “Norman Mailer’s long-time publisher has recently informed the Mailer family that it has canceled plans to publish a collection of his political writings to mark the centennial of his birth in 2023, confirms the film producer Michael Mailer, the author’s oldest son.”

The reasons for the cancelation, according to Wolff, are “a junior staffer’s objection to the title of Mailer’s 1957 essay, ‘The White Negro’, a psycho-sexual-druggie precursor and model for much of the psycho-sexual-druggie literature that became popular in the 1960s. A Random House source also cites the objections of feminist and cultural gadfly Roxane Gay.”

Wolff’s scoop was promptly picked up and carried at face value all over North America, throughout Italy by La Repubblica, England by the Daily Mail, Chile by El Periodisto, and so on. It was the biggest cultural story going for several days, never mind that questions as to its veracity were raised almost the minute it broke.

Well, before it broke, in fact. Wolff himself scarcely seems convinced of his story. Yes, his headline is unequivocal: “Michael Wolff on Random House’s Cancelation of Norman Mailer”. But he admits in the newsletter that he couldn’t get anyone at Random House to confirm the news. Also that the Mailer estate didn’t actually have a contract for a book of political non-fiction with Random House for the publisher to cancel.

Wolff further allows that his one source at Random House steered him into a ditch, claiming that in addition to the anonymous junior staffer, Roxane Gay was involved. Wolff followed up with Gay, who told him she knew nothing of the controversy and had never read Mailer.

January 9, 2022

QotD: Secrets in plain sight

Filed under: Business, Quotations, Science, Technology — Tags: , , — Nicholas @ 02:00

One such trend – which Thiel approaches in a lot of different equivalent ways – is the loss of belief in secrets. People no longer believe that there are important things that they don’t know, but which they could discover if they tried a little harder.

Past scientific discoveries came from a belief in secrets. Isaac Newton wondered why apples fell, thought “Maybe if I work really hard on this problem, I can discover something nobody has ever learned before”, and then set out to do it. Modern people aren’t just less likely to think this way. They’re actively discouraged from it by a culture which mocks the story of Newton as “the myth of the lone genius”, and tells young people that even thinking about this risks promoting a regressive political agenda. Nowadays people get told that if they think they’ve figured out something about gravity, they’re probably a crackpot. Instead, they should wait for very large government-funded programs full of well-credentialled people to make incremental advances.

Good startups require a belief in secrets, where “secret” is equivalent to “violation of the efficient market hypothesis”. You believe you’ve discovered something that nobody else has: for example, that if you set up an online bookstore in such-and-such a way today, in thirty years you’ll be richer than God. This is an outrageously arrogant claim: that you have spotted a hundred-billion-dollar bill lying on the sidewalk that everyone else has missed. But only people who believe something like it can noncoincidentally found great companies. You must believe there are lucrative secrets hidden in plain sight.

Scott Alexander, “Book Review: Zero to One”, Slate Star Codex, 2019-01-31.

January 6, 2022

The war on “ultra-processed food”

Filed under: Britain, Business, Food, Health, Politics — Tags: , , , , , — Nicholas @ 05:00

Our self-imagined “elites” have a new crusade to prosecute — the crusade against “ultra-processed food”:

In “public health”, the name of the game is to interfere with people’s lives without having your own choices meddled with. This is straightforward with smoking since the philosopher kings of the nanny state don’t smoke. Alcohol is more tricky since most of them drink, but minimum pricing — which was introduced in Ireland yesterday — offers the perfect way to penalise ordinary people while leaving fine wine and craft beer unaffected.

The war on food poses the trickiest problem since its pretext — obesity — is the result of over-consumption and physical inactivity rather than the consumption of any specific type of food. “Junk food” is too narrow since most people interpret it to mean “fast food” from a handful of restaurant chains. And so, in the absence of an obvious dietary culprit, the “public health” lobby is shifting towards a crusade against “ultra-processed food”.

Most people don’t know what this means, but it sounds bad if you have an instinctive objection to industry and modernity. Perhaps it evokes thoughts of “chemicals” and “E numbers”. Certainly, it sounds like the opposite of the “natural”, “organic” and “home made” food so beloved of those who think they are superior to other people. It is, however, a classic “public health” bait and switch. Just as people didn’t realise that a ban on “junk food” advertising would result in adverts for cheese and butter being banned, people won’t realise what a war on ultra-processed food means for them until it is too late.

In a deranged op-ed in BMJ Global Health, some of Mike Bloomberg’s minions from Vital Strategies call for tobacco-style regulation of “ultra-processed food”, starting with warning labels.

    Simply put, ultra-processed foods are foods that can’t be made in your home kitchen because they have been chemically or physically transformed using industrial processes. They are recognisable on the supermarket shelf as packaged foods that are ready-to-eat, contain more than five ingredients and have a long shelf-life. The industrial processing, as well as the cocktail of additives, flavours, emulsifiers and colours they contain to give flavour and texture, make the final product hyper-palatable or more appealing and potentially addictive, which in turn leads to poor dietary patterns.

    With more than half the total calories consumed in high-income countries coming from ultra-processed foods and rapid increases in low- and middle-income countries, these products are exposing billions of people to a higher risk of type 2 diabetes, heart disease, stroke, depression and death.

Scary stuff, eh? Alas, they don’t give any examples of ultra-processed foods so let us instead turn to a recently published study about them …

    Baked goods, including cakes, pastries, industrial breads, and soft drinks ranked among the top contributors to sales of UPFDs [ultra-processed food and drinks]

According to the the British Heart Foundation, ultra-processed foods include …

    Ice cream, ham, sausages, crisps, mass-produced bread, breakfast cereals, biscuits, carbonated drinks, fruit-flavoured yogurts, instant soups, and some alcoholic drinks including whisky, gin, and rum.

I’m not sure how hard liquor made the cut, but I suppose if you’re going be a fun sponge you might as well go all the way.

January 4, 2022

QotD: Status signalling

Filed under: Business, Education, Media, Politics, Quotations, USA — Tags: , , , , — Nicholas @ 01:00

The second thing they have wrong, and what I urge you to realize as soon as you can: They are not the “oppressed.” No, I don’t mean by that that there is no oppression in our society. Any human society has people with more power than others. It’s just that the groups and ideas that the left and their violent lap-wolves Antifa have cast as victims aren’t the victims.

In fact, their philosophy — the Marxist ideology they propound and the craziness behind it — has been in control of society, on top, since at least the seventies.

Being a leftist is a mark of being “good” and also well educated. The same way that in Elizabethan England poor mad Christopher Marlowe wrote his stage directions in Latin, to show that he had had an excellent education and deserved respect, so too the leftists of today pepper their works, from movies to TV to books to art, with odes to the oppressed and paeans to the coming revolution. It’s how you show you’re high-class and exquisitely educated.

All the old families, all the rich, all the captains of industry and power brokers signal left as hard as they can, because that’s where the power is — and in my field, the awards, the professorships, and the acclaim. Heck, remember what Trump signaled just to be allowed to do business.

And that’s why I’ve been watching in amusement the left going through the motions of kabuki theater revolution against a society … they control.

Sarah Hoyt, “We’re Seeing the Death Rattle of the Revolution, Not Its Birth”, PJ Media, 2020-07-28.

December 28, 2021

The Bubblegum History … of Chewing Gum

Filed under: Business, Europe, Food, Greece, History, USA — Tags: , , — Nicholas @ 04:00

TimeGhost History
Published 27 Dec 2021

Ancient Finns, angry Ottomans, a one-legged Mexican general, and scouring soap — that’s the story of modern chewing gum in a nutshell!

Hosted by: Indy Neidell and Spartacus Olsson
Written by: Indy Neidell
Director: Astrid Deinhard
Producers: Astrid Deinhard and Spartacus Olsson
Executive Producers: Astrid Deinhard, Indy Neidell, Spartacus Olsson, Bodo Rittenauer
Creative Producer: Maria Kyhle
Post-Production Director: Wieke Kapteijns
Edited by: Karolina Dołęga
Sound design: Marek Kamiński

Sources:
– Birch Bark photo courtesy of Jerzy Opioła https://commons.wikimedia.org/wiki/Fi…
– Mastic tears photo courtesy of פארוק https://en.wikipedia.org/wiki/Mastic_…
– Mexican Cession map courtesy of Kballen https://commons.wikimedia.org/wiki/Fi…
– Peter Gabriel, Chateau Neuf, Oslo, Norway courtesty of Helge Øverås https://en.wikipedia.org/wiki/File:Pe…
– Promotional Chiclets courtesy of Coolshans https://commons.wikimedia.org/wiki/Fi…

Soundtracks from Epidemic Sound:
– “Ancient Saga” – Max Anson
– “Master of the Hurricane” – Rockin’ For Decades
– “Home on the Prairie” – Sight of Wonders
– “Cocktail Hour” – The Fly Guy Five

Archive by Screenocean/Reuters https://www.screenocean.com.

A TimeGhost chronological documentary produced by OnLion Entertainment GmbH.

December 27, 2021

Great Celebrity Breakups: Winchester and John Browning

Filed under: Business, Europe, History, USA, Weapons — Tags: , , , , — Nicholas @ 02:00

Forgotten Weapons
Published 26 Aug 2021

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In August 1903, Thomas Bennett (head of the Winchester company) wrote a letter to his many distributors and agents explaining how Winchester had decided to part ways with the Browning Brothers, and how the company would certainly be better off as a result. The gun at the heart of the breakup was Browning’s new self-loading shotgun, the Auto-5. Browning would end up taking the design to FN, where it became a massive commercial success — but the whole story is really much more nuanced than most people recognize.

This isn’t simply a matter of Browning demanding a royalty arrangement, but rather much more …

Nathan Gorenstein’s biography of John Browning is available on Amazon: https://amzn.to/37Sx9XS

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