Friday, August 31, 2012

The Greatest Luxury of All

In Joseph Ellis' biography of George Washington, we're offered a look into the world of the "new" landed gentry - the Virginia planting class.  This elite group had stumbled upon a rare combination; a new crop and a ready-made market, albeit an ocean away.  While tobacco took Europe by storm, becoming an instant success and a mainstay commodity for the civilized world, it was something of a puzzle to the agri-businessman because it was particularly hard on the land itself and required a great deal of physical labor to cultivate.

The labor issue, tragically, led to the infamous colonial slave trade.  As far as tobacco's toll on the land, it just so happened that Virginia provided  a seemingly endless supply!  It doesn't take an economist, merely a glance at a map, to understand the scope of North America and how it dwarfed the comparatively crowded European states.  A Virginia planter was more concerned about protection than he was space.  So while a market existed and land was plentiful, the planters had uncovered a unique set of challenges in managing these tobacco plantations.

Tuesday, August 7, 2012

Trimming the Olympics Down a Bit

I've enjoyed the Olympics so far.  At our house, it's the kind of thing that's 'on' whether we're into the particular event or not.  But there are some events that just seem too oddball to be included.  And then you have some events that are just 'done to death'.  Swimming, for example.  I like what one guy said on the radio about swimming.  "I like it but what's the deal with all the different swimming events.  Just get from one end of the pool to the other and however you get there is up to you."

In 2012, there will be 302 events.  That's all the sports and sub-categories.  I guess that means, there'll be 302 gold medals, 302 silver, etc.  302 people who finish 4th.  Man, that would be bad.  For the rest of your life ...
"You were in the Olympics?  That's awesome!!!  How did you do?"
"I came in 4th."
"Aw.  So..."
"Nope, no medal.  Nothing really.  Just my memories."