Wednesday, September 17, 2003


important homeland security warning

i guess this is crucial news for the travelling chocolate lover. . .

naturally, the proposed espresso tax in seattle was defeated. was there ever any doubt?

and finally, in important news: the i.c.o. met in south america to discuss the world-price depression known as the coffee crisis. our coffee-yoga hero, colombian president uribe (i've written about him before) addressed the assembly.

the proposal: to set a minimum "sustainable" price for coffee.

long-time readers know that myself, danny o'keefe, and a mad montblanc-toting russian economist from the london school of economics have been running around for a while now proposing a market reform based on how the dutch sell flowers and the italians sell fish.

coffees on this alternative market would have to be high-quality, specialty grade only. it's a dutch auction on a clock, with base price, either the fair-trade price or another agreed upon "sustainable" price. and i think it should use some form of scaa chief ted lingle's q contract somehow.

but hey what do i know? i'm just the consumer, that is, the actual market-maker myself. . .

posted by fortune | 12:04 PM | top | link to this | email this: | | |