Apr
10
Price as a Signal, from Alex Castaldo
April 10, 2007 |
James Kynge, in The Financial Times:
The first inkling the British had of the 13th-century Mongol invasion of Europe, a cataclysm for the continent, was when the price of fish at Harwich, a harbour on the North Sea, rose sharply. The explanation for this, people learned later, was that the Baltic shipping fleets, abruptly deprived of sailors required to fight the enemy approaching by horse from the east, had remained at their moorings. That had reduced the supply of cod and herring to Harwich, and prices had risen accordingly.
Ken Smith remarks:
That was a fishy tale. Pacific salmon are disappearing and lovers of the odor of fish cooking in an apartment building with no air conditioning are lamenting this fact.
For one six-month season I worked out of Dutch Harbor, on an ocean tug pulling a fuel barge around the Bering Sea and Gulf of Alaska. Dutch Harbor in the Aleutian Island chain has a stream running from the hills above to the harbor. This steam is lined with homes built by natives. Homeowners fished off back porch, simply stepped into the stream and grabbed a meal if willing to risk the rushing water.
That was in 1955. Fish were free then. Since salmon are disappearing, there may soon be fish wars in the village at Dutch Harbor.
In the harbor, moored at the Chevron tank-farm wharf, we merely dropped a line over the side to snag 100 lb halibut, any time, day or night. Things have changed since Asian fisheries now have boats on every wave crest.
From Denis Vako:
Here is an outlier's observation. Never was there such a thing as a Mongol invasion of Europe or Russia. It is a fairy tale invented by Romanovs to legitimize their power grab in Russia. Cossacks, Slavs, Vikings and other Russians are the ones who in fact invaded Europe.
A history book, fiction or science, by Anatoly Fomenko has the whys and the proofs. I found only 2 volumes on Amazon in English, but he has seven in Russian, including mathematical evidence.
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