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In Asheville, a Brewery is Only as Good as its Food | October
For some, Thanksgiving is a time to gather 'round a turkey with family and friends. For others, it’s a time to stand in line with strangers waiting for the beer store to open. Those in the second category are hoping to get their hands on a bottle or two of Goose Island’s Bourbon County Brand Stout. This year’s Black Friday release happens on November 23rd and will introduce eight new variants. It’s the most amounts of variants Goose Island has ever released in a single year and includes Wheatwine, Bramble Rye Stout, Coffee Barleywine and Midnight Orange Stout. Goose Island will also bring back standbys including Original, Reserve and Vanilla Stout. This year’s Proprietor’s Stout will pack a strong chocolate punch with dark chocolate and two types of cocoa nibs.
alcohol  scarcity  retail 
6 weeks ago by dancall
Stockpile food in the event of a no-deal Brexit? Dream on | James Ball | Opinion | The Guardian
The UK food sector, like the UK car industry and much of the high-end goods and services economy, is a finely tuned machine, and the sort of disruption we might see in the event of a no-deal Brexit, such as chaos and delays at the border, would result in it grinding to a halt.

With their comments – presumably meant to assure us that they have a plan, or at least a clue – May and her ministers have shown us instead how woefully under-prepared we are. Brexit is perhaps the most complex thing the UK has attempted in the lifetime of most of us, and it is being run by people who don’t understand the absolute basics. In 2016, these sorts of concerns were constantly dismissed as “Project Fear”. In 2018, we now know that we have good reason to be afraid.
UK  EU  Brexit  noDeal  food  shortage  scarcity  stockpiling  fear  dctagged  dc:creator=BallJames 
8 weeks ago by petej
Media Buying Just Tip Of Advertising's Disruptive Iceberg 08/09/2016
Advertising was built on a premise of scarcity.  Marketplaces can’t exist without scarcity. There needs to be an imbalance to make an exchange of value worthwhile. Advertising exists because there once was a scarcity of information. We (the buyers) lacked information about products and services.
This was primarily because of the inefficiencies inherent in a physical market. So, in return for the information, we traded something of value: our attention. We allowed ourselves to be influenced. We tolerated advertising because we needed it.  It was the primary way we gained information about the marketplace.
advertising  future  scarcity  quotes 
8 weeks ago by dancall
How Financial Products Drive Today’s Art World
July 20, 2018 | The New York Times | By Scott Reyburn.

How does one invest in art without going through the complications of buying and owning an actual artwork?

That is the question behind financial products for investors attracted by soaring art prices but intimidated by the complexity and opacity of the market..... entrepreneurs are trying to iron out the archaic inefficiencies of the art world with new types of financial products, particularly the secure ledgers of blockchain...... “More transparency equals more trust, more trust equals more transactions, more transactions equals stronger markets,” Anne Bracegirdle, a specialist in the photographs department at Christie’s, said on Tuesday at the auction house’s first Art & Tech Summit, dedicated to exploring blockchain......blockchain’s decentralized record-keeping could create a “more welcoming art ecosystem” in which collectors and professionals routinely verify the authenticity, provenance and ownership of artworks on an industrywide registry securely situated in the cloud...... blockchain has already proved to be a game-changer in one important area of growth, according to those at the Christie’s event: art in digital forms.

“Digital art is a computer file that can be reproduced and redistributed infinitely. Where’s the resale value?”.....For other art and technology experts, “tokenization” — using the value of an artwork to underpin tradable digital tokens — is the way forward. “Blockchain represents a huge opportunity for the size of the market,” said Niccolò Filippo Veneri Savoia, founder of Look Lateral, a start-up looking to generate cryptocurrency trading in fractions of artworks.

“I see more transactions,” added Mr. Savoia, who pointed out that tokens representing a percentage of an artwork could be sold several times a year. “The crypto world will bring huge liquidity.”......the challenge for tokenization ventures such as Look Lateral is finding works of art of sufficient quality to hold their value after being exposed to fractional trading. The art market puts a premium on “blue chip” works that have not been overtraded, and these tend to be bought by wealthy individuals, not by fintech start-ups.....UTA Brant Fine Art Fund, devised by the seasoned New York collector Peter Brant and the United Talent Agency in Los Angeles.

The fund aims to invest $250 million in “best-in-class” postwar and contemporary works,...Noah Horowitz, in his 2011 primer, “Art of the Deal: Contemporary Art in a Global Financial Market,”.... funds, tokenization and even digital art are all investments that don’t give investors anything to hang on their walls.

“We should never forget that in the center of it all is artists,”
art  artists  art_advisory  art_authentication  art_finance  auctions  authenticity  best_of  blockchain  blue-chips  books  Christie's  collectors  conferences  contemporary_art  digital_artifacts  end_of_ownership  fin-tech  fractional_ownership  game-changing  investing  investors  opacity  post-WWII  provenance  scarcity  tokenization  collectibles  replication  alternative_investments  crypto-currencies  digital_currencies  currencies  virtual_currencies  metacurrencies  art_market 
8 weeks ago by jerryking
Monthly Review | The Politics of Food in Venezuela
All of this complicates simplistic narratives around present conditions and events in Venezuela. But perhaps the most significant gap in such analyses, which tend to center on the government and state, is the key role of capital and its relations with the state. Bearing in mind the revolution-counterrevolution dialectic, it is imperative to look at the role of the elite, whose power extends throughout much of the agrifood system, and who have exploited the current “crisis” to further consolidate their power while simultaneously seeking to dismantle redistributive agrifood policies. These forces have launched a material assault on much of the population, disproportionately impacting the poor and working class while further provoking an already frustrated middle class. They are also attacking the legitimacy of the government, both internally and externally, particularly by discrediting Venezuela’s reputation for exemplary achievements in the fight against hunger and toward food sovereignty.
venezuela  counterrevolution  historical_revisionism  latin_america  food  scarcity  longread 
11 weeks ago by perich
The Marshmallow Test: What Does It Really Measure? - The Atlantic
Ultimately, the new study finds limited support for the idea that being able to delay gratification leads to better outcomes. Instead, it suggests that the capacity to hold out for a second marshmallow is shaped in large part by a child’s social and economic background—and, in turn, that that background, not the ability to delay gratification, is what’s behind kids’ long-term success.

Replication Crisis:

The failed replication of the marshmallow test does more than just debunk the earlier notion; it suggests other possible explanations for why poorer kids would be less motivated to wait for that second marshmallow. For them, daily life holds fewer guarantees: There might be food in the pantry today, but there might not be tomorrow, so there is a risk that comes with waiting. And even if their parents promise to buy more of a certain food, sometimes that promise gets broken out of financial necessity.

The Harvard economist Sendhil Mullainathan and the Princeton behavioral scientist Eldar Shafir wrote a book in 2013, Scarcity: Why Having Too Little Means So Much, that detailed how poverty can lead people to opt for short-term rather than long-term rewards; the state of not having enough can change the way people think about what’s available now. In other words, a second marshmallow seems irrelevant when a child has reason to believe that the first one might vanish.

These findings point to the idea that poorer parents try to indulge their kids when they can, while more-affluent parents tend to make their kids wait for bigger rewards. Hair dye and sweet treats might seem frivolous, but purchases like these are often the only indulgences poor families can afford. And for poor children, indulging in a small bit of joy today can make life feel more bearable, especially when there’s no guarantee of more joy tomorrow.
the-atlantic  research  the-marshmallow-test  income-inequality  economics  replication-crisis  money  scarcity  sendhil-mullainathan  edlar-shafir  jessica-mccory-calarco  ranita-ray  brea-perry  delayed-gratification  indulging 
june 2018 by yolandaenoch
Nike sells out of Facebook Messenger sneaker drop in less than an hour | Retail Dive
Nike, which participated in Facebook Messenger's beta AR run, sold out of the shoes on the platform in less than an hour, the company confirmed to Retail Dive. Nike declined to offer details on how many shoes were sold.

In order to access the shoes at all, users had to enter a series of emojis into the Facebook Messenger chatbot, obtained from Nike's social influencers, at which point they would be able to access a "Kyrie 4 'red carpet'" AR experience with the featured shoe. Once they exited, they were given the opportunity to purchase, MarTech reported.
sportsrights  facebook  ecommerce  scarcity 
may 2018 by dancall

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