Costco just put out one of the best mass market olive oils ever, made from DNA-tracked Tuscan olives at $13/L Meanwhile Italian bottlers are selling Spanish and Tunisian oil counting on consumers thinking it's Italian.
Let's face it, in this case Costco out-italianed the Italians. They didn't need to do this. No offence, but it's rje US. They could have put far less care into this and they stil would have sold loads.
I think this is really an investment in market development. They want to TEACH their members what great oil tastes like, so they will never buy another.
It's really this kind of play that reminds us how good capitalism can be if they keep the big picture in mind, and don't focus on screwing an extra $3.25 out of each customer.

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More from @andreamatranga

10 Aug
Tomorrow at 9PM LA time, I will be presenting an updated version of my Neolithic paper at the Quantitative History Webinar Series at Hong Kong university. You can register here: asiaglobalinstitute.hku.hk/eventdetail/qu… Image
The four main questions I will try to answer:
1. Why did seven places invent agriculture around the same time?
2. Why wasn't it invented in the previous tens of thousands of years prior?
3. What did the places that invented have in common?
4. Why were farmers shorter than H-Gs? ImageImage
One of the constraints of ANY theory of the Neolithic as a global phenomenon is that it needs to be sufficiently specific to explain those aspects of the Neolithic that all independent inventions share, yet sufficiently broad to allow for the large differences between them.
Read 4 tweets
2 Aug
Two things can simultaneously be true. Most carbonaras that are made would improve with the addition of cream. And yet its addition is always a mistake.
To pull off correctly, the carbonara requires achieving a number of rather difficult goals. A creamy sauce requires a the egg to achieve a temperature above 60 C but below 80 C. The pecorino will have its own temperature ranges depending on how aged it is. You need a specific...
... range of cooking water, with a specific range of starch in it, otherwise the emulsion won't form correctly. The fat from the guanciale and the pecorino must be in specific proportions to have the right melting point.
Read 17 tweets
22 Jul
I did a couple of mock interviews for people applying to RA/Economicky type stuff, and just a couple of observations:
1. If you find a list of questions floating around, or compile it from your own interview, don't just read it and go "oh yeah I know this one", even if you do know it. Record yourself answering out loud. Watch it. Say it again two more times. Then record yourself answering again.
It will make you a LOT more confident in answering, will avoid a lot of uhm and ahms. And even if the question they ask you is slightly different it will be well trodden ground.
Read 19 tweets
21 Jul
Fun aside, we are indeed at a pretty important turning point, in terms of the space race. In a few years we will start seeing pictures we've never seen before, like rows of orbital launch vehicles lined up for assembly or awaiting a launch window.
Ten years. I am agnostic as to whether this will pay off in the grander scheme of things, but a number of people with mind boggling resources have decided they want to build a bunch of rockets, so whatever else may happen, we're going to be seeing bunches of rockets.
Something that comes out very strongly out of the history of aviation, is that propulsion is usually the critical step, so if you want to see who's ahead look at the engine technologies.
Read 10 tweets
20 Jul
There's a famous story that Feynman tells in one of his memoirs, of the measuring of the charge of the electron (I think, @notanastronomer ?). It's a bit embarrassing. The first pioneering measurement was say 86% of the true value, which is actually quite good.
But then the progression went something like 89%, 92%, 95%, 97%, 102%, until finally it converged on the true value. The reason its embarrassing is because you would expect the values to jump on BOTH sides of the actual value, if these were unbiased estimates.
So what seems to have happened is that after the first measurement, whenever a team was making another, if the value was say 120% (very far from the first one), the scientists would suspect they had made a mistake somewhere, check all the vacuum lines, calibrate the balance, etc
Read 13 tweets
20 Jul
My favored immigration policy for Italy would be something like picking 4 or 5 favored states for a guest worker -> "green card" (no expiry, family) -> citizenship path. It would include overhaul of the school system to accomodate these languages.
Each national community would be focused around 4 or 5 cities with schools offering a spectrum of original language-> italian instruction, with the ultimate goal of producing dual fluency.
Each community would get facilitations to build their own "Piana degli Albanesi" somewhere in the countryside, to produce whatever traditional agricultural goods can be adapted to our climate, and to serve as cultural, spiritual, and social center for their community.
Read 7 tweets

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