June 8, 2021
A nutcracker is a type of alcoholic drink consisting of a mixture of hard liquor and sugary beverages such as fruit juice that originated and are made and sold in New York City. Originally sold via word-of-mouth by street vendors, nutcrackers have also been offered as ‘to-go cocktails’ by bars and restaurants.
Nutcrackers frequently consist of liquors such as vodka, rum, tequila and cognac, mixed with fruit juice, Kool-Aid or candy. They are sold mainly during the summer on the streets and on the beaches, and come in cups or small plastic bottles. The sale of nutcrackers without a license violates New York law, and the police have on occasion attempted to sanction it.
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June 1, 2021
In economics, shrinkflation is the process of items shrinking in size or quantity, or even sometimes reformulating or reducing quality while their prices remain the same or increase. The word is a portmanteau of the words shrink and inflation.
Shrinkflation allows companies to increase their operating margin and profitability by reducing costs whilst maintaining sales volume, and is often used as an alternative to raising prices in line with inflation. Consumer protection groups are critical of the practice because it has the effect of reducing product value by ‘stealth.’ The reduction in pack size is sufficiently small as not to be immediately obvious to regular consumers.
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April 11, 2021
A sideman is a professional musician hired to perform live with a featured act. John Lennon, Paul McCartney, George Harrison, and Pete Best acted as sidemen to Tony Sheridan before becoming famous as The Beatles.
Sidemen and sidewomen are often well-versed in multiple styles of music, and can be hired at any level of the music industry, from playing in a cover band to backing up established artists on major tours.
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March 18, 2021
Garden hermits or ornamental hermits were hermits encouraged to live in purpose-built hermitages, follies, grottoes, or rockeries on the estates of wealthy landowners, primarily during the 18th century.
Such hermits would be encouraged to dress like druids and remain permanently on site, where they could be fed, cared for, and consulted for advice, or viewed for entertainment.
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March 9, 2021
Bog-wood, also known as ‘abonos’ and, especially amongst pipe smokers, as ‘morta,’ is a material from trees that have been buried in peat bogs and preserved from decay by the acidic and anaerobic bog conditions, sometimes for hundreds or even thousands of years. The wood is usually stained brown by tannins dissolved in the acidic water.
Bog-wood represents the early stages in the fossilization of wood, with further stages ultimately forming jet, lignite and coal over a period of many millions of years. Bog-wood may come from any tree species naturally growing near or in bogs, including oak (‘Quercus’ – ‘bog oak’), pine (‘Pinus’), yew (‘Taxus’), swamp cypress (‘Taxodium’), and kauri (‘Agathis’). Bog-wood is often removed from fields and placed in clearance cairns. It is a rare form of timber that is claimed to be ‘comparable to some of the world’s most expensive tropical hardwoods.’
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March 4, 2021
The salamander letter was a controversial document about the history of the Latter-day Saint (LDS) movement that presented a view of LDS founder Joseph Smith’s life that stood sharply at odds with the commonly accepted version of the early progression of the church Smith established.
The letter was one of hundreds of documents concerning the history of the LDS movement that surfaced in the early 1980s. Initially accepted by some document experts and collectors, the document was later demonstrated to be a forgery created by Mark Hofmann, who had been responsible for the ‘discovery’ of many other notable documents.
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January 1, 2021
Chia Pets are American styled terracotta figurines used to sprout chia, where the chia sprouts grow within a couple of weeks to resemble the animal’s fur or hair.
A range of generic animals has been produced, including a turtle, pig, puppy, kitten, frog, and hippopotamus. Cartoon characters have also been licensed, including Garfield, Scooby-Doo, Looney Tunes, Shrek, The Simpsons, and SpongeBob. Additionally, there are Chia Pets depicting real people, including Barack Obama and Bob Ross.
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December 21, 2020
Dogecoin [dowzh-coin] (Ð) is a cryptocurrency featuring a likeness of the Shiba Inu dog from the ‘Doge’ Internet meme as its logo. Introduced as a ‘joke currency’ in 2013, Dogecoin quickly developed its own online community and reached a capitalization of $60 million within months.
It’s market capitalization peaked in 2018 at $2b; today it is pegged at $600m. In July 2020 the price of Dogecoin spiked following a TikTok trend aiming to get the coin’s price to $1.
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November 16, 2020
Hipgnosis Songs Fund is a British Guernsey-registered music IP investment and song management company founded in 2018 by Canadian–American music industry executive and entrepreneur Merck Mercuriadis and co-founded by Chic guitarist Nile Rodgers, Mercuriadis’ former client.
Focused on songs and associated musical intellectual property rights, it was founded on the premise that hit songs are long-term predictable assets unaffected by economic cycles that will increase in value as the worldwide music streaming market grows. In addition to acquiring songs and songwriter catalogues, the company manages the playlist, cover, interpolation, and synchronization revenues of its IP.
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October 9, 2020
Quality Bicycle Products (QBP) is the largest distributor of bicycle parts and accessories in the bicycle industry. The Minnestota-based company owns nineteen brands including Salsa, Surly, and All-City. QBP is also the exclusive U.S. distributor of Lazer Helmets, a Belgian manufacturer of high performance bicycle and snow helmets, and through its Q-Active division, the company distributes products to independent ski, run and outdoor retailers.
Founded by Steve Flagg and Mary Henrickson in 1981, QBP operated from a small office in St. Paul and got its start in mountain bikes. QBP also specialized in importing hard-to-find mountain-bike parts from suppliers in Japan.
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October 4, 2020
Jeitinho [jay-cheen-yo] (Portuguese: ‘little way’) is finding a way to accomplish something by circumventing or bending the rules or social conventions. Most times it is harmless, made for basic ordinary opportunistic advantages, as gatecrashing a party just to get free food and beverage.
But sometimes it is used for questionable, serious violations, where an individual can use emotional resources, blackmail, family ties, promises, rewards or money to obtain (sometimes illegal) favors or to get advantage. Some claim it is a typically Brazilian method of social navigation that may derive from a general lack of resources and help. Most Brazilians have to be creative and invent new simpler ways to do things.
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September 14, 2020
Brushing is a type of fraud used in e-commerce that boosts a seller’s ratings by sending unsolicited products to individuals to raise order counts and substantiate fake reviews.
A seller can engage in brushing by paying someone a small amount to place a fake order, or just using another person’s information to place an order themselves. Because a shipment usually has to take place for an order to be considered valid by the e-commerce site, the seller will frequently ship an empty box or some cheap item. These fake orders, if unnoticed, can boost the seller’s rating, which can make it more likely that their items will appear at the top of search results on e-commerce sites.
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