Quotulatiousness

January 11, 2018

Sell the sizzle works, for a while, but even names with “blockchain” still have to produce something

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

Remember the media splash — and stock price boost — that the Long Island Iced Tea Company got by rebranding themselves as Long Blockchain? The rest of the plan apparently isn’t playing out quite as the company may have hoped:

… today Long Blockchain announced it was scrapping the stock offering. The company says that it’s still planning to buy bitcoin-mining hardware. However, Long Blockchain says that it “can make no assurances that it will be able to finance the purchase of the mining equipment.”

Where the company might get the money to buy the mining equipment is unclear. Antminer S9 mining hardware lists for upwards of $5,000, so it would cost millions of dollars to get 1,000 units. Long Blockchain’s most recent financial disclosure shows the company with only $429,000 in cash on hand in September.

The company’s press release didn’t explain the sudden turnaround, but it seems the stock market wasn’t thrilled by the plan to sell new shares. Long Blockchain’s stock price fell on Friday, the day the plan was announced, then soared this morning when the plan was scrapped. The stock is still worth more than double its value before the blockchain pivot was announced last month.

The broader question is why it makes sense for a beverage company to get into the blockchain business in the first place. In principle, you could imagine the company looking for ways to use blockchains to improve its core business — by optimizing supply chain management, for example.

Maybe I should rethink my plan to rebrand as Quotulatiousness BLOCKCHAIN

January 7, 2018

Give your butt a wake-up call with the latest from “Gwyneth Paltrow’s life-threatening, wallet-flensing empire of woo”

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

Cory Doctorow views with alarm yet another potentially dangerous product from Goop:

Goop is Gwyneth Paltrow’s life-threatening, wallet-flensing empire of woo, home to smoothie dust, vulva steaming, rocks you keep in your vagina, and a raft of rebadged products that are literally identical to the garbage Alex Jones sells to low-information preppers.

Both Goop and Alex Jones are big on “detoxing,” an imaginary remedy that poses a very real health-risk, especially when it involves filling your asshole with coffee.

Coffee enemas are, of course, bullshit, whose history and present are rife with hucksters whose smooth patter is only matched by their depraved indifference for human life.

But as stupid as coffee enemas are, they’re even stupider when accomplished by means of Goop’s, $135 “Implant O’Rama,” manufactured by Implant O’Rama LLC. It’s a $135 glass jar with a couple silicon hoses attached to it.

November 9, 2017

QotD: The reputation of Che Guevara proves “the triumph of marketing over truth and reality”

The Irish Post Office has issued a stamp to commemorate the fiftieth anniversary of the death of Ernesto Guevara. This is, presumably, because he was both very famous and had some distant Irish ancestry. It is, however, a rather sinister philosophy that the worth of a man’s work or ideas, or his influence on the world, is much affected, either for the better or the worse, by his distant ancestry.

Guevara’s reputation is, of course, the triumph of marketing over truth and reality. There is probably no resort of mass tourism in the world where Guevara kitsch is not on sale and, one must presume, bought; and in an odd way this is only appropriate, for mass tourism makes lemmings seem like unreconstructed individualists, and Guevara was nothing if not an ardent promoter of mass conformity and unthinking obedience. Like many an adolescent psychopath, as he remained all his life, he dreamed of making mankind anew — not in his own image, exactly, for he thought of himself as a leader rather than a follower, but according to his own far-from-profound ideas of what mankind should be. The triumph of marketing is to have made this apostle of the most complete servitude into an apostle of the most complete freedom.

The triumph of marketing over truth and reality is nothing new, however. To expect people who are trying to sell you something also to tell you the truth, the whole truth, and nothing but the truth is to expect what never did happen and what never will happen. The buyer will always have to beware, no matter what legal protections are put in place for the unwary; the necessity is inscribed, as it were, in human nature itself.

Theodore Dalrymple, “The Way of Che”, Taki’s Magazine, 2017-10-28.

November 3, 2017

Don’t fall for the biodynamic woo in wine propaganda

Filed under: Business, Europe, Italy, Wine — Tags: — Nicholas @ 05:00

I’m not a believer in the pseudo-mystical bullshit of biodynamic wine and I’m very strongly of the opinion that it’s 100% New Age marketing bafflegab to excuse jacking up the price of a mediocre-or-worse bottle of wine and to deflect criticism of faulty or inexpert winemaking. “Organic” wines are too often just adequate wines at a higher price point than their quality would otherwise justify. Michael Pinkus reports that he had to put up with a full-on biodynamic bullshit storm on a recent tasting in Italy:

While on a journalist junket […] I found myself at a beautiful modern winery where Daddy had obviously made a lot of euros and he wanted his offspring to have the best in their new endeavor … the winery was painfully modern and so were the levels of wines (earth, sky, air, etc) everything pointed to a winery that devotedly cared about the environment wherein it existed and did so with biodynamic winemaking techniques and practices – even the tour dripped of kale-eating and moccasin-wearing.

[…]

When it came time to taste the wines, we all sat at a long elaborate table, everything was set to impress. We started with a bottle of barely choke-downable sparkling wine … it was off-putting and oxidized, and that’s putting it mildly. I looked around the table but everybody seemed to be okay with what was in their glass. Next we tried both the whites and red from the various lines previously mentioned, with each wine seemingly worse than the next.

I turned to an older colleague and said, “Do you like any of these wines?” To which he went into an explanation about how the wines are not “typical” but laudable: “In competition these wines would not show well because they have something different about them – but once they are explained, to either the judges or eventually the consumer, these wines would show much better.”

My mind screamed “NO” while I nodded so as not to start a huge argument in front of the winemaker who had returned with yet another bottle … How in the world could this logic be true? In what world is this even right? Wine is good or it is bad and that decision is in the palate of the beholder (so to speak), but to make an argument that a wine needs a full dissertation before one can enjoy it is absurd to me and blatantly false. I’m not saying that some explanation doesn’t help in the understanding of a wine, but you should not need to fully explain a wine to make it palatable; and just because it’s bio-dynamic doesn’t automatically give the wine a pass or extra marks for trying to make the world a better place; bad wine is bad wine and no amount of explanation is going to make it better.

If you like fruit in your wine then something with lots of minerality or over the top acidity will not appeal to you, that’s a taste profile – but poorly made, off-putting, faulty or oxidized wines don’t get an A for effort just because somebody lets a white sit on skins longer, bury a poop-filled rams horn in the ground at low tide (or whatever your bio-dynamic practice may be), or because you have a fountain that swirls water in ornate patterns from a 2000 year old cistern. Ultimately taste is king.

October 23, 2017

It’s legal to sell 2×4 lumber that’s not actually 2″ by 4″

Filed under: Business, Law, Woodworking — Tags: , , , — Nicholas @ 03:00

Not only is it legal, that’s the way construction lumber has been marketed and sold for decades. A recent Illinois case against US DIY chain Menards was dismissed recently:

A federal judge has slammed the door on the Illinois lumber shoppers who sued Menards claiming it deceived them about the size of its 4x4s.

Saying no reasonable consumer would regard Menards’ descriptions of its lumber the way plaintiffs Michael Fuchs and Vladislav Krasilnikov said they did, the judge last week dismissed the would-be class action lawsuit against the Wisconsin-based home-improvement chain.

The decision by U.S. District Judge Edmond Chang throws out a case in which Menards was accused of deception because it marketed and labeled its 4x4s without specifying that the boards measure 3½ by 3 ½ inches.

So-called dimensional lumber — 2x4s, 4x4s, 2x6s and such — is commonly sold by names that do not specify the measurements of the pieces. The longstanding industry convention is recognized by the U.S. Department of Commerce, which distinguishes between the “nominal” designations for pieces of lumber and their actual size. The department says a 2×4, for example, can measure 1½ inches thick by 3½ inches wide.

The distinction between the name and the actual dimensions stems from the fact that lumber, when it is produced, typically is trimmed to smooth it after the initial rough cut, Chang said in his decision.

October 14, 2017

It’s not the actual dollar amount wasted, it’s what it reveals about the federal government

Filed under: Cancon, Government — Tags: , , — Nicholas @ 05:00

Colby Cosh, giving full credit for the scoop to Tom Korski, on the minor-but-revealing way the federal government treats taxpayer money:

Even as I summarize this news, I can see the potential for various kinds of carping from ad men or illustrators who don’t want their oxen gored. “Sigh, this is just business as usual.” Like hell it is: under the Conservatives the finance department used plain covers or inexpensive stock photos for the budget. This is exclusively Liberal tomfoolery.

“Okay, but the cost is perfectly reasonable for what we got!” Two hundred thou for one document, huh? Try that one out on a newspaper art director. Try it out on anyone who ever worked for a magazine, particularly one with newsstand sales that actually depended on a fancy cover.

Maybe you’re thinking, “Even if it’s a bit ridiculous, it’s ONLY $200,000 against a background of billions.” But is it? To me this is the most intriguing part of all. Blacklock’s quotes an e-mail (“It’s fresh. I love where this is going”) from someone who has the title “senior marketing advisor for the finance department”.

Am I the only one left asking, “Why the hell does the federal finance department need a marketing advisor?” The “senior” part denotes a six-figure salary, none of which is included in the cheque that was written to the nice creatives at McCann. Is the finance department a business whose revenues depend on effective advertising? Does Canada’s federal government have several finance departments contending with each other for market share?

[…]

This is the sort of use of public funds for essentially partisan purposes that we can’t throw anybody in jail for, except in my daydreams. Blacklock’s uncovered e-mails make this positively explicit: in arguing over the 2016 budget cover someone observed that, “Justin Trudeau’s election mantra was all about positivity, change, and optimism for the future. We want this budget cover to illustrate that feeling.” I would say this utterance is not quite in the tradition of our public service, except for my fear that it is a perfect expression of the real tradition.

September 13, 2017

Tesla’s experiment in price discrimination

Filed under: Business, Economics, Technology — Tags: , , , , , — Nicholas @ 05:00

Alex Tabarrok links to a story about Tesla using an over-the-air software update to help Tesla owners in hurricane-threatened areas get more range from their lower-battery capacity cars … but he says this may eventually come back and bite the company:

Tesla knows that some of its customers are willing to pay more for a Tesla than others. But Tesla can’t just ask its customers their willingness to pay and price accordingly. High willing-to-pay customers would simply lie to get a lower price. Thus, Tesla must find some characteristic of buyers that is correlated with high willingness-to-pay and charge more to customers with that characteristic. Airlines, for example, price more for the same seat if you book at the last minute on the theory that last minute buyers are probably business-people with high willingness-to-pay as opposed to vacationers who have more options and a lower willingness-to-pay. Tesla uses a slightly different strategy; it offers two versions of the same good, the low and high mileage versions, and it prices the high-mileage version considerably higher on the theory that buyers willing to pay for more mileage are also more likely to be high willingness-to-pay buyers in general. Thus, the high-mileage group pay a higher price-to-cost margin than the low-mileage group. A familiar example is software companies that offer a discounted or “student” version of the product with fewer features. Since the software firm’s costs are mostly sunk R&D costs, the firm can make money selling a low-price version so long as doing so doesn’t cannibalize its high willingness-to-pay customers–and the firm can avoid cannibalization by carefully choosing to disable the features most valuable to high willingness-to-pay customers.

The kind gesture to Tesla owners in Florida is probably deeply appreciated right now, but…

Unfortunately, I fear that Tesla may have made a marketing faux-pas. When it turns off the extra mileage boost are Tesla customers going to say “thanks for temporarily making my car better!” Or are they going to complain, “why are you making MY car worse than it has to be?”

Human nature being what it is, the smart money is betting on the “Thanks for the temporary upgrade, but what have you done for me lately?” attitude setting in quickly.

July 1, 2017

Happy 150, Canada … now get back to work

Filed under: Cancon, History — Tags: , , — Nicholas @ 03:00

Chris Selley on the artificial sesquicentennial celebrations beginning today:

On Wednesday evening, indigenous protesters marched on to Parliament Hill and, after some back and forth with the local constabulary, erected a large white tepee. The group’s leaders told reporters they intended to “reoccupy” “unceded Algonquin territory,” and remind Canadians that “reconciliation” with the people who were here before them lies far down a bumpy road.

If nothing else, it was a welcome moment of coherence: big white tepee, Parliament Hill, three days before Canada Day — no one is going to wonder what that’s about. By contrast, I’m not sure what “Canada 150,” the officially branded and hash-tagged celebration of this country’s existence, is supposed to be. It certainly isn’t a focused reflection on Canada’s history, much less on Confederation. Passport2017.ca, the Canada 150 online portal, reads like an in-flight magazine’s Canada Day edition.

You can check in with the “Canada 150 Ambassadors.” Singer-songwriter Rufus Wainwright appreciates Canada’s “civility, reasoning and compassion.” Sprinter Bruny Surin appreciates moving from Haiti to a country where, his mother told him, anyone can accomplish anything. Nobel laureate astrophysicist Art McDonald provides the obligatory shout-out to Lester Pearson’s role in the Suez Crisis.

[…]

Had Canada 150 been a thoughtful reflection of Canada’s history, it might have been worth defending against rhetorical excesses and disruptions. Instead we got a Molson commercial gone to seed — a facile, hackneyed celebration of our national superiority. Amidst all that, if Canadians and their big-talking government are forced to confront some of this country’s most notable failings, I would deem that a Canada 150 Essential.

Also in the National Post, Colby Cosh is not feeling the paroxysms of nationalistic fervour and joy he’s supposed to be feeling:

Could it be that going all-in on a 150th anniversary… was a mistake? One hundred and fifty is sort of an awkward number to be the occasion for a grand national celebration. That the word “sesquicentennial” exists, and that it is only ever used to describe contrived festivals of this sort, seems like a hint.

Me, I would probably be unenthusiastic over a rounder number anyway. My suspicion and resentment of any state-led hoo-rah or whoop-up is probably about half politics and half personality. No doubt in 1967 I would have been writing columns grumbling about Expo 67 being a showcase for high-modernist delusion, doomed hopes for national unity, and brutal industrialism.

But, of course, there is much to be said for the grouchy view. From our vantage, we look back mostly on the fashions and design coups of Expo 67 and ignore the larger details. Any ordinary cultured person of 2017 whisked back to Expo 67 in a time machine would step out of the pod and recoil instantly at the sexism of signs blaring “Man And His World.” We would look askance at the abusive landscaping of the Montreal riverside. We would sprain our eyebrows raising them at the glorification of European explorers and the endorsement of an unjust world order.

[…]

So maybe the grouches are usually right in the long run, and particularly about moral enterprises of the state, which are so often born and planned in a frenzy of self-congratulation and political calculation. Celebrating a 150th anniversary is inherently weird, but when I have pointed this out I have usually been offered the justification that Gen X-ers like me missed out on Expo 67 by accident of birth, and probably will not make it to see Hadrien Trudeau preside over CanadaFest 2067.

He also posted something on Twitter that might well be a response to Chris Selley’s article:

May 30, 2017

The Disgusting Contents of Worcestershire Sauce (and Why It s Called That)

Filed under: Britain, Business, Food, History, India — Tags: — Nicholas @ 02:00

Published on 27 Mar 2017

In this video:

Worcestershire sauce, sometimes known as “Worcester sauce” is a savoury sauce that is often added to meat and fish dishes or, if you like your alcoholic beverages, the Bloody Mary cocktail. It may (or may not depending on how much you research your sauce choices) surprise you to learn that it’s literally made from fermented fish and spices.

Want the text version?: http://www.todayifoundout.com/index.php/2013/10/worcestershire-sauce-called/

May 11, 2017

Empowering undies

Filed under: Business, Humour — Tags: , — Nicholas @ 03:00

A recent email from Sears Canada promises that your lace underwear should not only provide comfort, but also empowerment:

How will you go back to your ordinary non-empowering bras and panties after wearing those?

April 25, 2017

QotD: Coca-Cola seen as harmful

Filed under: Food, Health, Quotations — Tags: , , , — Nicholas @ 01:00

I hate sweet drinks — Coca-Cola et al. — so passionately that I grow angry whenever I see someone buy or drink one. I hate their taste, I hate the horrible plastic bottles in which they come; to see people carry them around with them as if they were dolls or comfort blankets infuriates me. It appalls me worse that anyone actually likes them. The drinks don’t relieve thirst, they merely create it and make their drinkers wish for more: a perfect recipe, from a certain unscrupulous commercial point of view.

I was therefore secretly pleased to read in a paper published recently in the British Medical Journal that those who drink these disgusting concoctions are more likely than others to develop type 2 diabetes — the type that is increasing throughout the world at an alarming pace, and in some countries even threatening to reverse the increase in life expectancy to which of late decades we have grown accustomed as part of the natural order of things and now think of almost as a human right. Such diabetes is not only the wages of sin — gluttony — but of something that affects our everyday lives even worse, namely mass bad taste.

Of course, the paper in the BMJ can be criticized. A statistical association is not by itself proof of causation, though I should be surprised in this instance if the relationship were not causative. Again, in my heart of hearts I hope that it is. It would restore my faith that the universe is just.

Theodore Dalrymple, “Gluttons for Punishment”, Taki’s Magazine, 2015-07-25.

April 20, 2017

We now know that there are more than 30,000 registered gun owners in London

Filed under: Britain, Law — Tags: , , , , — Nicholas @ 04:00

What’s disturbing about the knowledge is that London’s Metropolitan Police revealed that information to a private company and may have violated British privacy laws in the process:

London gun owners are asking questions of the Metropolitan Police after the force seemingly handed the addresses of 30,000 firearm and shotgun owners to a direct mail marketing agency for a commercial firm’s advertising campaign.

The first any of the affected people knew about the blunder was when the leaflet (pictured below) landed on their doormats in Tuesday’s post.

Titled “Protect your firearms and shotguns with Smartwater”, the leaflet – which features Met Police logos – advises firearm and shotgun certificate holders to “buy a firearms protection pack at a reduced price” of £8.95.

Smartwater is basically invisible ink. You mark your property using it and if you are burgled, police can use a UV light reader to see who rightfully owns stolen items. The company behind it was formed by an ex-police detective and his industrial chemist brother, and the firm has since forged very close links with a number of UK police forces. Its website boasts of the “traceable liquid’s” crime-reducing properties, something that police actively endorse.

[…]

The front and reverse of the Metropolitan Police Smartwater firearms leaflet

Questions were immediately raised as to whether the Met had broken the law. The data protection statement that both police and certificate holders agree to is found in Firearms Form 201 (PDF), the application form for a firearm certificate. It says:

    I understand that all information submitted will be handled in accordance with the Data Protection Act 1998 and the Freedom of Information Act 2000 and connected legislation. I understand and give consent for information contained within my application form or obtained in the course of deciding the application to be shared with: my GP, other government departments, regulatory bodies or enforcement agencies in the course of either deciding the application or in pursuance of maintaining public safety or the peace.

    Note: Any information shared will be shared in accordance with data sharing protocols. We do not share your personal or company details with other applicants or members of the public and treat information in connection with the application in confidence, but individuals should be aware that we may be required to disclose some information in accordance with the legislation referred to above.

The Register has made the Information Commissioner’s Office aware of the breach and is awaiting a statement from the data watchdog.

April 17, 2017

Why big organizations act like idiots (United Airlines is only the most recent example)

Filed under: Bureaucracy, Business — Tags: , , , — Nicholas @ 03:00

Charlie Martin knows about big corporations making themselves look foolish … and far too often doubling down on the stupid:

This whole recent thing with United Airlines has me thinking, once again, about how big organizations act like idiots. […]

Like all good consultants, I have a Model, mostly cribbed from others, based on two observations:

  • The SNAFU principle: the farther up a hierarchy information has to travel, the more information is lost. This is because no one likes giving people bad news, so the news tends to get better the farther up it goes.
  • The Peter Principle (modified): people rise in a hierarchy to the limits of their competence in rising in a hierarchy; further, the skill of rising in a hierarchy is largely independent of the skills needed to deal with actual issues.

Of course, the implication of this is something I’ve called Carl’s Corollary (for a friend and co-worker Carl Madison, who first pointed it out). Carl’s Corollary implies that most decisions are being made by people less and less competent to deal with the situation, using increasingly bad information.

Naturally, this results in bad decisions being made. The usual result is that once the bad decision has been made, someone is identified to be responsible, that person is punished, and a new policy is issued to make sure no one makes that mistake again.

[…]

United, though, has a different scheme, clearly. They have a Book, and it Must Be Followed. No one on the ground in Chicago — at least no one in reach of the gate — had the authority to do anything but offer an $800 voucher, which just wasn’t enough. (I can relate. I used to be a “45 weeks a year” road warrior, and there were some nights where if they’d have tried to bump me off a flight home, I would have either killed someone or just thrown myself on the floor of the terminal screaming.) So they followed the Book, and when they couldn’t get Dao to leave, they followed the book again saying he was disruptive, and then the mall airport cops went all Cartman on him…

https://media.giphy.com/media/B1TMcmoBAaSZi/giphy.gif

… and the rest was history.

Now, imagine if, instead, the gate people had the authority to offer more. And the gate agents knew their primary responsibility was to make customers happy and not get bad publicity.

QotD: The dubious “value add” of the LCBO

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

The liquor board’s cocktail recipe of the month, offered on its website, is for “gin and lemonade,” which you make with a shot of gin and some lemonade. The gin is cherry, so there’s that. Its three recommended beers of the month are themed for the hockey playoffs. They are — I am not kidding — Molson Canadian in a bottle, Molson Canadian in a can, and Molson Canadian in a larger can. The value the LCBO’s adding that a private retailer couldn’t is not obvious.

David Reevely, “LCBO union uses government’s rhetoric against it in brewing labour battle”, National Post, 2017-04-06.

February 9, 2017

“Natural” wine

Filed under: Business, Wine — Tags: — Nicholas @ 03:00

Brendan McKenna linked to this Hugh Johnson article in Decanter discussing so-called “Natural” wine:

‘Natural’ doesn’t come into it; these are works of craftsmanship; even, occasionally, art. Does a winemaker, then, have the right to sell me something that ignores, or flouts, the winemaking conventions that I rely on?

Is ‘natural’ a self-justifying word to cover any sort of accident? Or is ‘alternative’ a more accurate description?

Of course, the producer may have a lab and state-of-the art chemistry and simply choose not to intervene. There are highly reputed (and very expensive) ‘orange’ wines.

But I’ve also tasted ‘natural’ wines that remind me of Italy 50 years ago. Tipping grapes in the tub on the ox cart, breaking them up with a cudgel on the way back to the farm and leaving the rest to nature rarely had good results.

The sales pitch for ‘natural’ wines usually tells you that conventional wines contain a lot of non-grape juice gunk. Fish guts: horror. Egg whites: poison. Sulphites: allergens. Colouring: dishonest. Sugar: cheating.

There seems to be a high ground – is it moral, ethical, fashionable, hygienic? – shared by ‘naturalists’ and vegans. Then again, if you read the list of preservatives and allergens on any supermarket packet, you may want to give up eating altogether.

I’ve long since given up reading any of the wine magazines, so I wasn’t aware that on top of the oh-so-precious-and-superior “organic” and “biodynamic” categories (where quite ordinary wines get a few extra dollars on the price tag) we now also have a bunch of even-more-precious-and-ecologically-correct “natural” wines. I don’t object to winemakers persuading a few gullible punters to pay more for otherwise indifferent plonk, but I object to the quasi-religious preaching that always seems to accompany it.

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