The History of Ketchup

May 11, 2012 in Daily Bulletin

Rachel Swaby took a look at the history of ketchup. Some of the fascinating finds include:

  • The original ketchup was a type of fish paste made of anchovies.
  • After a while people started experimenting with mushroom, walnut, grape and oyster ketchups among others.
  • Part of the appeal of ketchup is the high amount of salt and vinegar – these acted as a preservative and ensured that ketchup could stay on shelves a long time – crucial in the time before refrigerators.
  • In the 1960s mechanical harvesters which were more likely to bruise tomatoes became the norm. In response to this scientists at Heinz developed a tomato with a thick skin and more meat so that it could stand up to the harvester.
  • Heinz tomato plants used to produce 22 tons of tomatoes per acre. Now they produce more than double that.
  • There are just four hours between a tomato being plucked and it being turned into a tomato paste.
  • A ‘spice pack’ is added to ketchup to add flavour.

To read about the 6000 test tomato seeds that could go on to form the basis of your next bottle of tomato ketchup, when exactly tomatoes became the most popular form of ketchup, why tomato ketchup used to be coloured brown, why Heinz developed plants that stay ripe longer, and how the six billion seeds are distributed by Heinz each year click here.

Source: Gizmodo

Is Your Commute Killing You?

May 11, 2012 in Daily Bulletin

Researchers took a look at the relationship between work commute and health. Bill Briggs reported on some of the findings:

  • Those who have a longer commute weigh more and have a higher blood pressure.
  • This is possibly because they don’t have as much time to exercise.
  • Other potential explanations include less time for sleep, and snacking on fast food.
  • Every 10-mile increase in your commute increases your BMI by 0.17 units.

To read more details about the study, why you should honk at the person in front of you, and why more driving is likely to lead to higher stress levels, click here.

Source: Life Inc.

Drone Studies: A College Major That Guarantees A $200,000 Salary?

May 10, 2012 in Daily Bulletin

The massive surge in the number of unmanned aerial vehicles has led to the potential of a new major being introduced in the near future: drone studies. Erik German and Robert Johnson highlight:

  • The United States is now training more drone pilots than fighter jet and bomber pilots.
  • There are expected to be an additional 23,000 jobs created in the drone industry in the next 15 years.
  • US airspace has enough room for around 30,000 drones by 2020.
  • Yet people with the qualifications necessary to do the difficult job of building, maintaining, flying, and analyzing the data from drones are rare. This is creating high starting salaries, which anecdotal evidence suggest can be as much as $200,000.

To read more about the universities that are poised to capitalize on this rising trend, why those in the industry hate the word ‘drone’, the amount of money that will be spent on drones world-wide, and why drones aren’t like the Roombas vacuuming your floors, click here and here.

Sources: The Daily, Business Insider

Via: Newmark’s Door

A Single Program That Could Eliminate All Other Welfare Programs

May 10, 2012 in Daily Bulletin

In 1974 the Canadian government launched a pilot program where they guaranteed everybody a minimum income reports Vivian Belik. The data from the study has yet to be properly coded but analysis so far shows that:

  • The program called ‘mincome’ covered ~1,000 families.
  • The program ended up costing $17 million – substantially more than the few million it was projected to cost.
  • The program came to a premature end during an economic recession in 1978.
  • Hospital visits dropped by 8.5% possibly as a result of the program. Many hospital visits are the consequences of poverty.
  • If Canada were to reduce hospital visits across the country by 8.5% today then it would save the government $4 billion.
  • Mothers did reduce the amount of time that they worked but that was because they now had the option to stay at home and take care of their children.
  • Teenagers worked less as well. They were more likely to graduate, and since they weren’t as pressured to find a job, they waited until something they could be passionate about came along.
  • By introducing such a program the government could also remove all other welfare programs – thus significantly saving upon administrative costs.

To read about what happened to overall productivity, how mincome was different from welfare, what a contemporary mincome program would look like, why those who are currently on welfare are penalized, why the program has its political detractors, and the conservative senator who would support such a program, click here.

Source: The Dominion

Hollywood Implodes

May 9, 2012 in Daily Bulletin, Signature

In 1977 the Death Star destroys a planet by causing it to explode. 32 years later when the makers of Star Trek wanted to show the death of a planet they injected it with red matter so that it slowly imploded on itself until it turned into a black hole writes Forrest Wickman. The Dark Knight Rises, Cloverfield, and The Avengers all contain scenes where structures implode rather than explode. Why the rise in implosions on the silver screen?

  • Explosions have become too common-place and fail to excite audiences anymore. Implosions are refreshingly disturbing.
  • In contrast to explosions which can be filmed by chucking a few sticks of dynamite into the item being destroyed, implosions were hard to depict before CGI. Now that CGI has become both more prevalent and cheaper film-makers have more artistic leeway and now have the opportunity to experiment with implosions.
  • Implosions evoke the chilling imagery from 9/11. Directors are either consciously or subconsciously being influenced by the pictures and videos that have defined the decade.

To read other examples of notable implosions, Michael Bay’s fascination with explosions, why implosions will never be able to top the primal majesty of explosions, and to watch a video comparing the explosions and implosions from Star Wars and Star Trek, click here.

Source: Slate

The Hindenburg Had A Smoking Lounge!?

May 9, 2012 in Daily Bulletin

In an article that looks at society’s relationship with risk, Edward Tenner’s discussion of the smoking lounge on the doomed Hindenburg stands out:

  • The idea of a smoking lounge nested under a large balloon filled with highly flammable Hydrogen gas seems ridiculous.
  • Yet during the time of the Hindenburg smoking was an integral part of people’s lifestyles.
  • The Hindenburg had to compete with luxury cruise ships to attract passengers. Not allowing people to smoke would have hurt the appeal of travelling via airship.
  • Passengers would have been incredibly bored during times when there was no land in sight if they didn’t have the refuge of a smoking lounge.
  • To try to mitigate the risk all lighters were confiscated when passengers boarded the ship. The smoking lounge was specially designed and contained electric lighters. A steward ensured that guests didn’t leave the lounge with lit cigarettes.

To read more about the appeal of a mode of transportation that can carry “56 people at the speed of a Buick at an altitude you could hear dogs bark”, why there’s unlikely to be a smoking renaissance ahead, how the Hindenburg was still safer than the Titanic, the role that Congress played in the Hindenburg disaster, and why blimps might become a popular method of transportation once again, click here.

Source: The American

Via: Marginal Revolution

The Economics of Beer

May 8, 2012 in Daily Bulletin

America has traditionally believed that low prices are the most important thing. Yet in recent years there has been some evidence to suggest that Americans would prefer to pay a higher price if it means better quality. This battle between price and quality is most evident in the world of beer according to David Sirota. Highlights of his article include:

  • Beers produced by the major brewers taste bad. They use cheap ingredients and don’t contain much alcohol in order to produce high volumes at low costs.
  • This is why you’re often encouraged to drink your beer cold. It hides the taste.
  • This is reflected in their marketing strategies. Rather than talk about how good their beers taste, beer adverts generally focus creating a link between a beer’s brand and an entire class of people. The beer you drink becomes a statement of your identity.
  • In contrast micro-brewers produce beers that cost more but taste much better. Sales increased by 15% this year and these beers make up 5.7% of total beer sold by volume and 9.1% of beer sold by dollars.
  • Rather than attempt to emulate this model and produce better quality beers, major beer companies have tried to further distract from the taste of their product and focus on trivialities. Examples include Coors Light which is introducing colour-changing cans and Miller which is introducing Punch-top cans that allow you to drink your beer quicker. The idea being that you should be able to quickly consume their beer without having to taste it.

To read more about how Apple and Wal-Mart fit into this, the strategies that micro-brewers are pursuing, and why the United States might be moving towards a German economic model, click here.

Source: Salon

The Economics of a Hollywood Blockbuster

May 8, 2012 in Daily Bulletin

Ben Morris took a look at the economics of making a Hollywood blockbuster film:

  • These days a big-budget film is a movie that costs at least $200 million to make.
  • If your movie is based off of a book then you might have to pay $2 million for rights.
  • Directors can charge up to $10 million and may demand some of the film’s profits.
  • Actors can charge up to $20 million.
  • Filming location matters. If you film in New York City your costs will be higher than if you film in a rural area. Filming at night requires elaborate lighting and thus is more expensive than filming in the day.
  • A standard film will have production costs of around $500,000 a day. This will be substantially higher if you want special action sequences or CGI.
  • An original pop song from a famous artist will cost $1 million.

To read about why studio chairmen can’t always approve big budget films, how much it costs to hire a script-writer, why New Zealand is an attractive filming location, the amount of money that movies make from in-flight entertainment, and how much money is made through DVD sales and rentals, click here.

Source: BBC News

Prostitution In 18th Century London

May 7, 2012 in Daily Bulletin

One in five women in England in the 1700s were prostitutes reports Zoe Brennan:

  • The number of prostitutes in London at the time is estimated to be 63,000.
  • Women engaged in prostitution because the pay was 80 times higher than the alternative of living a life of drudgery as a housemaid.
  • Overall the prostitution industry was worth about 1.5 billion inflation adjusted pounds.

To read more about the horrific practices that were used to trap women into prostitution, 17th century condoms, how prostitutes were the celebrities of their times, and the prevalence of venereal diseases, click here.

Source: Daily Mail

The Avengers Box Office Numbers

May 6, 2012 in Snips

The Avengers has taken the record for the biggest US opening weekend. Making $200 million it has easily beaten the record of $169 million set by Harry Potter and the Deathly Hallows Part 2.

This means that in one weekend the movie made more than the entire economies of the countries of Tuvalu, Kiribati, Marshall Islands, Palau, and the Democratic Republic of São Tomé make in an entire year according to The World Bank.

In fact, if you rank the 190 countries in the world by the amount that each earns in a typical weekend then The Avengers’ gross over this Friday, Saturday, and Sunday places it at #90. This means that The Avengers earned more money this weekend than over half of the world’s countries did. This is visualized in the graph below. All the countries before the red line made less money this weekend than The Avengers. Some of these countries include Iceland, Jamaica, and Nepal.

Finally the $200 million represents just 0.17% of the United States’ expected income this weekend.

Read the rest of our Avengers coverage here.