Article Recommendation from Arch Stanton: $1,500 Sandwich Illustrates How Exchange Raises Living Standards

Great article from this blog on the economics of free trade. While I typically avoid blogs given they’re really just a mouthpiece for gutless, nameless bitchers and moaners, this article was different. But before I share the article, here’s a piece of produce from my local grocer:

Took this ages ago. I’ve been sitting on this one for a while… I had to shift it from its prior location – it was bruising the plums. Reminds me, Toys ‘R’ Us is liquidating. Any sell-side bankers want to pitch this to Brazzers or Dogfart? If Kids ‘R’ Us goes up for sale, we could sell it to Apple as an upstream vertical integration play – the name perfectly bespeaks their Chinese supplier base.

And the article:

$1,500 Sandwich Illustrates How Exchange Raises Living Standards

What would life be like without exchange or trade? Recently, a man decided to make a sandwich from scratch. He grew the vegetables, gathered salt from seawater, milked a cow, turned the milk into cheese, pickled a cucumber in a jar, ground his own flour from wheat to make the bread, collected his own honey, and personally killed a chicken for its meat. This month, he published the results of his endeavor in an enlightening video: making a sandwich entirely by himself cost him 6 months of his life and set him back $1,500.

(It should be noted that he used air transportation to get to the ocean to gather salt. If he had taken it upon himself to learn to build and fly a plane, then his endeavor would have proved impossible).

The inefficiency of making even something as humble as a sandwich by oneself, without the benefits of market exchange, is simply mind-boggling. There was a time when everyone grew their own food and made their own clothes.  It was a time of unimaginable poverty and labor without rest.

The greater the number of people involved in exchange, the more beneficial the process becomes. This morning, thanks to international trade, I am drinking coffee grown in Latin America, viewing a computer screen with eyeglasses made in Europe, and typing this blog post on a keyboard made in Asia. Fortunately, freedom to trade internationally has improved, on average, around the world. Increased trade has helped raise living standards and decrease global poverty.

However, the recent trend in the United States is less positive. If trade protectionist politicians, like Bernie Sanders on the left and Donald Trump on the right, have their way, then U.S. freedom to trade internationally may deteriorate further. They put down trade by claiming that it harms the U.S. economy and destroys jobs. Yet, there is a widespread agreement among economists that free trade is key to prosperity.

This morning, as you drink your coffee, take a moment to consider where it comes from. You probably would not be drinking it right now if it were not for trade. This video elegantly draws attention to the myriad ways in which the exchange of goods and services across national borders touches lives and helps raise living standards. Almost everything you use is the product of a complex web of human cooperation, often extending beyond your country. Even something as simple as a bag of groceries or a pencil is the end result of a “symphony of human activity that spans the globe.”


Song of the Day (2/26/2018)

It’s a good one! In fact, it’s an absolutely fantastic song. It’s Sedona by Houndmouth. Give it a try. Now, some random photos to get your juices flowing.

And finally, to quote Tobias while eating at Burger King with Carl Weathers, “oh sure, as long as you don’t bring attention to it”:

Young, self interested, and confidence starved. Now in 57 flavors.

One more thing, speaking of sauces, I tried a new hot sauce last week and I’m enamored. It’s from Mexico and I picked some up while on a trip near the wall…on the good side! It’s Black Label Reserve Chile Habanero by my bad hombres at El Yucateco. It’s black in color and has a robust, smoky wood flavor and isn’t as hot on the Scoville Scale as the name and color would suggest. Pick up a bottle at your local Trader Jose’s or Walmex today.

I wonder if this is what Nasty Hillary carries in her purse while traveling with Hispanic constituents.

Song of the Day (2/18/2018)

Came across this weather report this week:

And just like the temperate outside, I’m feeling 22! Today’s song of the day is 22 by Taylor Swift. Positive, uplifting, catchy – just overlook the fact that the artist looks like a plastic sex doll with a VERY healthy dose of makeup caked on. How is that much makeup a good look?!?

Some big news in the investigation of Russian meddling in the U.S. elections. I understand that there may have been “NO COLLUSION” with the trump administration, but you can’t tell me Russia’s tactics didn’t influence the outcome. So this gives me an idea – elections for the Supreme People’s Assembly in North Korea are held every five years, the last being held in 2014. Wouldn’t it be simple enough to hire Vlad’s troll farm, create a number of fake profiles on North Korea’s various social media platforms, and run a smear campaign against Lil’ Rocket Man? We’ll pick one of his various challengers, connect with local, politically-charged organizers, and launch grassroots rallies to undermine LRM’s oppressive totalitarian regime. No problem.

Separately, a buddy sent me the following and I absolutely love it:

Next, a bad hombre sent me the following link: You Can Now Buy a Chocolate Mold of Your Partner’s Anus, Just in Time for the Holidays. Article below:

If you’re looking for something to say, “I love you, happy holidays!!” why not get a chocolate mold of your anus and gift it to your boo? Or, grab a mold of your significant other’s behind to show them just how much you adore their poop shoot. While it seems a bit crazy, and a bit #fakenews, this is the real deal, y’all. If you’re as obsessed with your partner’s ass as they are with yours, show them the right way by making it edible. Edible Anus, a company that specializes in – you guessed it – edible anus’, will send you a box of three chocolate butts for only $10. Magnus Irvin, the owner of Edible Anus, is clearly onto something here.

Irvin came up with this idea in 2006 when he was working on an art exhibit featuring several different color chocolate anus’ (you think he has a type?). He used his own anus apparently, and the product came out a bit messy. But, he came up with the idea to mold other people’s butts and sell them for profit. Even better.

When creating the mold, you’ll have to sit in a bit of an awkward position (obviously), but it’s all worth it for art and glory, am I right? If you’re not into chocolate and think it’s a bit too much like poop coming out of your anus, you can splurge and get your significant other a bronze or silver replica of your anus.

Don’t worry, it will only run you about $500 for them – a perfect price to pay for a beautiful booty-hole. People on Twitter were both amazed and dumbfounded that this is an actual business, but hey, to each their own.

Word to the wise? Don’t have beans the day before your mold appointment. Just sayin’.


Everyone Always Says That Our Generation Doesn’t Want to Make Anything…

…that we’re entitled, refuse the threat of hard labor, and are merely paper-pushers looking to make the next quick buck without actually producing anything.

Bullshit. That’s a Grade-A load of malarkey. That sort of nonsense is on par with Chelsea Manning kicking off its political campaign with theme song Born This Way by Lady Ga-gaaa. I have no qualms with rolling up my sleeves and getting to work. In fact, I have every intention of making the world’s first Quintuple Levered, Rolling Ten-Year Forward-Contract ETF based on a price-weighted, hourly-rebalanced, ever changing basket of Venezuelan-based cryptocurrencies.

And sort of like my caught-in-limbo friend R. Batory, this ETF may seem a bit ar-bitrary. And just like the threat of a proliferation of overly complex Venezuelan cryptocurrency ETFs, having too many FRA Deputy Administrators could be problematic, just Juan is good enough.

And now, I give you the greatest cereal you’ll ever eat again:

Well. Second only to Trix, but we all know how that turns out:


Jared Kushner Best Watch His Poorly Postured Back

Yes, the conniving, dimwitted, and perennially aloof redheaded stepchild of our Tweeter-in-Chief has his job as international peacemaker, opioid epidemic manager, Mexican/Chinese diplomat, veterans affairs reformer, criminal justice system solver, and federal government overhauler on the line. It seems Emmanuel Nd…, Emmanuel Ndif…, Emmanuel is padding his resume in lusting anticipation as Trump’s Right Hand Man:

I too would enjoy being Trump’s Right Hand Man, knowing that at all times, I’m merely our president’s wingspan away from some really raunchy puh. Perhaps I’m grasping at straws here, but at least it’s only straws.

God, the value of this blog is depreciating more rapidly than that of a piano falling from a high rise. Anyhoo, below are some bomb-ass drinks I came across in America’s yeast basket:

Stay thirsty, comrades.


Song of the Day (11/18/2017)

hey Hey HEY! I may have used this before but it’s a good one – today’s song of the day is Tunnel of Love by the Dire Straits. Unlike the Dire Straits love tunnel, which has seen little action since it’s release, Lynn Tilton’s has been on full display for pub(l)ic consumption. The section of readership knowledgeable on finance will be familiar with her antics. Here’s a photo for the rest of you:

Contrary to your initial reactions, this chick is all woman. Although her Wikipedia page raises some concerns on the matter:

I’m not so sure I’m ready to accept “TransCare” from the likes of Lynn (Lance?) Tilton. She’s a shifty one. When the SEC brought her in for questioning, it took four guys to finger her in the lineup. Imagine Tilton falling back into a pile of produce:

To steal a term from a close amigo, I’m loath to be the one to find the Sacajawea in Tilton’s canoe. If you do end up hopping into that monoxylon, remember to

And finally. I give you the greatest gift of all…American Flag contact lenses.

BACK THE FUCK OFF. She’s spoken for. Problem is… she’s stuck in the 1940’s and making me use a diaphragm. I keep arguing for a different contraceptive but I feel like I’m just banging my head against the wall. Write that down. Well that’s it for tonight, I’m off to buy the worlds trashiest/most baller couch:


How do you Drown a Hipster? (and Song of the Day)

Throw him in the main stream.

Check it, frozen spicy rice from TJ’s, chicken, tomato soup, goat cheese, and some seasonings.  Make it in bulk and it lasts days!

And for my finance friends boning up on their ampersands and abbreviations:

Nah, candidly, I opened this thing and it was painfully amateur.  I’d rather pinch my nugget pouch in a DVD case than read another page.

Today’s song of the day is Baba O‘Riley by The Ghost of Paul Revere. (The alternative video by the same band is arguably a better sound). LOOK AT THAT VIEW COUNT!  ADMIRE MY APPRECIATION FOR OBSCURE, UNDERGROUND ARTISTS?!?