April 02, 2004

Department of "Yum!"

Castelvetrano olives...

Posted by DeLong at April 2, 2004 04:43 AM | TrackBack | | Other weblogs commenting on this post
Comments

You are probably referring to the nocellara olive, which is very fine and accounts for part of the wonder of a good caponata di melanzane. It's the olive that produces most of the oils from southern Sicily, like Olio Verde, for example. But for a marinara sauce (puttanesca in the US), you must defer to the nearly perfect Gaeta olive.

Posted by: consigliere on April 2, 2004 08:18 AM

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For breakfast?

Posted by: Melanie on April 2, 2004 08:36 AM

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Mr Harrigan,

If you really must know, the labor market has created 171k jobs per month through the course of Q1, just about enough to keep pace with the normal growth of the labor market, not enough to pare the 8 mln or so gap between the present employmment level and what some labor economists see as the "trend" figure. Hourly earnings growth slowed to 0.1% (nominal, mind you) and aggregate hours worked fell despite the reported 308k rise in employment. Not that I think this report is bad. It is better than anything we have seen in 4 years. But you asked. Still, it is a little weird that the jobless rate rose (dat ole debil household survey) and households reported a 3k decline in employment in March.

But on that point, any thoughts out there regarding the jobs report? Good news, but very inconsistent, I thought. The olive bit wasn't getting much response anyhow.

Posted by: K Harris on April 2, 2004 08:58 AM

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Mr DeLong, you are making your belly your god, you are much too concerned about eating.

Posted by: big al on April 2, 2004 10:05 AM

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Let me try to help:

Since the administration has been telling us for quite some time that the payroll survey data is suspect, and that we should instead be looking at the household survey data, well, one has to conclude that the rise in unemployment is what the White House will be talking about, NOT the job creation.

Or, as Brad might say, since Oceania has always been at war with Eurasia, will the focus change?

Posted by: Patrick Allen on April 2, 2004 02:09 PM

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Shorter Peter Harrigan:

"If you are not a jobless bum like me, you must be a partisan ostrich"

Posted by: strawman on April 2, 2004 02:49 PM

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I think what Brad's trying to say is that while job growth is always a Good Thing, most of the jobs currently being created are low-paying dead-end jobs in the olive-harvesting sector.

Posted by: s.m. koppelman on April 2, 2004 03:12 PM

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Well let's see Pete, if our host has not posted anything, most normal folk would conclude he was busy. But of course a hard-working blog commenting cheap-shot artist like you is of course very sure to attribute this absence to reluctance to comment on the jobs numbers. Get a life.

Posted by: strawman on April 2, 2004 03:57 PM

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Taste is a matter of personal preference, but to my taste the best oil is San Giuliano from Alghero.

About 30 years ago when I was hopelessly lost in Sicily, I stopped and asked a teenager what was the name of the town over there; he answered Castavét; in confusion I opened the TCI guide to the local map and he pointed to Castelvetrano.

Posted by: M. Tullius on April 2, 2004 09:14 PM

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Those poor olives --shunned for the debut of the monthly job stats!
Also shunned: the PPI numbers which has Kasriel at Northern Trust writing about how now is the appropriate time for Greenspan to start his memoirs. This marks the end of the debate about inflation/deflation in his view.
http://www.northerntrust.com/popups/popup.html?http://www.northerntrust.com/library/econ_research/weekly/us/pc040204.pdf

Posted by: calmo on April 2, 2004 09:32 PM

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So...Brad writes about how he likes olives, and I take it some commenters concluded that this is proof that he is to the left of Stalin?

Brad, how about a registration-only comments section?

Posted by: Paul on April 2, 2004 10:34 PM

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They are olives of collectivist class-warfare politics, soaked in the brine of Bush-hating partisan distortion!

Posted by: Julian Elson on April 3, 2004 01:28 AM

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Oh--those olives. Carry on.

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