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Miscellany

Miscellany Trade

In the eighteenth century, a cash-strapped French government began selling rente viagère, in which an investor paid an up-front sum pegged to someone’s life—sometimes the king or the pope—and received returns until death. A group of Genevan bankers diversified their portfolio in the 1770s by buying rente contracts on the lives of thirty wealthy young Genevan girls. The fund gained popularity; by 1789 a significant portion of French debt was owed on the lives of just these “thirty heads.”

Miscellany Trade

When Arctic traveler Vilhjalmur Stefansson traded with the Inuit of Victoria Island in 1911, he found the metal of their knives to be of curious provenance: Inuit to the east had bought guns from the Hudson Bay Company and traded them westward; the firearms were then traded farther west, eventually reaching the Inuit he’d met—who, having no use for guns, had beat the metal barrels into knife blades.

Miscellany Trade

A hand’s primary function, Elias Canetti writes in Crowds and Power, is as “a claw to grasp whole branches” while climbing; both hands partner in “grasping” and “letting go.” This is like trade, he argues: “one hand tenaciously holds on to the object with which it seeks to tempt the stranger” while the other “is stretched out in demand.” Trading, then, offers “profound and universal pleasure” as “a translation into nonphysical terms of one of the oldest movement patterns.”

Miscellany Trade

A seventeenth-century rabbinical decision tells of a German town in which wealthy Jewish households kept chickens, while poorer women secretly milked gentiles’ cows early in the morning to sell the purloined milk on the street. One time, some chicks hopped into a tub of milk left on a doorstep and drowned. “Each side suffered a financial loss,” the text reads. “One from the milk, the other from the drowned chicks.”

Miscellany Trade

A growing market for ejiao—a gelatin made from donkey hide believed by practitioners of traditional Chinese medicine to increase libido and slow aging—has led to a global trade of millions of donkey skins each year. Asses are often kidnapped from rural African villages, where their labor is valued highly, then taken to markets and slaughtered for export. “The donkeys,” said a sanctuary manager while visiting a market in Tanzania, “are very stressed.”

Miscellany Trade

Ottoman humorist Yusuf al-Shirbini of Egypt railed against unfair levies, referring to them as “things being called innovation.” Al-Shirbini quoted scripture: one who brings about “an innovation or provides accommodation for an innovator, upon him be the curse of God.”

Miscellany Trade

Corporations, wrote Edward Coke in a 1613 legal decision, “have no souls,” for they are “invisible, immortal, and resteth only in intendment and consideration of the law.” A corporate body, Coke argued, can’t “do fealty, for an invisible body cannot be in person, nor can swear.”

Miscellany Trade

The head female of a paper-wasp nest allows others to occupy space in her home—so long as they help raise her offspring. The labor market is, however, elastic: if other nests nearby have childcare needs, she maintains a lower work requirement from her “helper” wasps.

Miscellany Trade

A Byzantine general of “ignoble descent” oversaw the building of Petra, on the Colchian coast, and set up an import monopoly. “They are robbing us of all our gold as well as of the necessities of life, using the fair name of trade,” locals complained, according to Procopius. “There has been set over us as ruler a huckster who has made our destitution a kind of business.”

Miscellany Trade

One of the most extensive surviving archives of Old Babylonian writing consists of letters sent to Ea-nasir, an eighteenth-century-bc copper merchant from Ur. “You have offered bad ingots to my messenger,” complained one trading partner. “Who am I that you are treating me in this manner?” Another customer appears repeatedly in the archive, each time inquiring about a missing copper shipment. “Do you not know,” he wrote in his third missive, “how tired I am?”

Miscellany Trade

In an 1846 math textbook from the Free Grammar School of King Edward VI, one exercise considers an exchange of 450 bags of potatoes for cash, 15 chests of oranges, and 185 bushels of carrots; the remainder is nuts. The question is posed: “How many bags of nuts did I receive?”

Miscellany Trade

Including trademarks in books became crucial after the invention of the printing press; without stringent copyright laws, rival publishers could repurpose superiorly edited texts with impunity. Aldus Manutius of Venice, who employed Erasmus as a proofreader, called attention to his company’s “sign of the dolphin wound round the anchor.” Florentine printers were aping the mark, but in the frauds, “the head of the dolphin is turned to the left, whereas that of ours is well known to be turned to the right.”

Miscellany Trade

A fish seller in Kuwait began gluing googly eyes on rotting fishes’ eye sockets in August 2018 in an attempt to make his wares appear fresher; in response, a rival seller began marketing his own fresh fish as “without cosmetic surgery.” The story went viral online, bringing it to the attention of the Ministry of Commerce and Industry, which promptly shut the first shop down.

Miscellany Trade

Herodotus reports that after Cyrus the Great was warned by a Spartan herald not to tread further into Greek lands, the Persian king received a primer on Sparta, including an explanation of an agora, to inform his response. “I have never yet been afraid of any men,” he told the herald, “who have a set place in the middle of their city where they come together to cheat each other.”

Miscellany Trade

For Kid Nation, a reality show that aired in 2007, forty children went to stay in a New Mexico ghost town for forty days. They lived as laborers, cooks, merchants, or an upper class; many worked fourteen-hour days to earn buffalo nickels to spend on root beer. In the final episode, some participants raided the dry goods store. “It’s free,” said one kid, his mouth stuffed with gummy bears. Another raider was heard announcing, “There is a god.”