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Showing posts from May, 2014

May 26, 2014: Memorial Day Bacon, Prices up 3% since January

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MY LIFE WITH BACON continues this week, and I'm a day late with my post. However, it's Memorial Day and it feels like I should blog today.  Bacon prices are soaring! Up a whopping 3% since january! However, as I've said before, I think that demand for bacon is pretty inelastic - it's not going to change much until bacon hits a big number. First, though, a shout-out to the fallen in all our wars.  May you rest in peace. This great photo was taken at the wreath-laying ceremony at West Point, in 2012 by a blogger . BACON IN THE NEWS The top story is obviously the price of bacon, which continues to rise each week.  Politico has an interesting article about the rising cost of the bacon cheeseburger.  They just about come out and say it's a national emergency.  They do say it's an all-out assault on the great American burger. Of course, that's just journalistic hyperbole.  But the chart below certainly proves that the prices are going up. Inflation is i...

May 18, 2014: Inovasi Bacon from Iowa

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MY LIFE WITH BACON continues this week with some locally prepared bacon, and weird bacon news. BACON IN THE NEWS begins with another fraternity / sorority being kicked out of UCONN, my wife's alma mater.  Story here .  Seems a bunch of pledges were forced to lie on the floor and sizzle like bacon.  What a travesty.  And it didn't just happen once, but multiple times.  Of course, it wasn't the bacon routine that got the groups kicked out. It was the excessive drinking.  The bacon play was an accessory to the crime. More news later today when I have time; check back this evening for an update! THIS WEEK'S BACON IS FROM INOVASI, a local Lake Bluff restaurant.  Earlier last week, we received an email promo from Inovasi, which launched its "Bacon Tuesday" deal.  They guarantee that their burgers are the best on the North Shore.  Of course, we had to check them out.  And naturally, we expected that they would have a bacon burger. I...

May 11, 2014: Mother's Day Bacon, and "Is Bacon Healthy?"

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MY LIFE WITH BACON continues this week with a review of Boar's Head "SLICED BACON" on Mother's Day, and a brief tease about the question of the day. BACON IN THE NEWS starts off with a Wall Street Journal article of last week, entitled "The Questionable Link Between Saturated Fat and Heart Disease" . In it, the author takes a look back at the history of the "low fat" movement's science (or questionable science).  It is a classic case of ' confirmation bias ' - the original researcher (in the 1950's) simply used the data that supported his thesis - that saturated fat causes heart disease.  He ignored data that didn't support that conclusion.  Then, multiple studies of dubious quality through the 1970's came to his same conclusion: basically, that eating saturated fat causes cholesterol to go up and causes heart disease.  Here's a key quote from that article" "Too much institutional energy and research m...

May 4, 2014: Incoming "Wake Up and Smell the Bacon" and Lake Geneva Country Meats

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MY LIFE WITH BACON continues this week with an update on the Oscar Mayer promotion, a lacrosse road trip (involving bacon) and some local fare. BACON IN THE NEWS was light this week, with continuing stories about how the porcine virus is decimating piglet populations, thereby raising pig prices.  Everyone is sending me these stories.  Enough already.  We discussed the elasticity of demand of bacon, and I think that prices could go up 50% with negligible changes in demand. LOYAL READER BILL UHLEMANN sent me his update on the "Wake Up and Smell the Bacon" device.  If you've been reading me for a while, you know that he won!  Below is a snip of the email he received.  Thanks, Bill, and I'm eagerly anticipating receipt of the box!  Full review to follow. ARMY PLAYED NOTRE DAME in lacrosse yesterday at South Bend.  ND was ranked #5 and Army, #19.  It had all the potential to be an epic battle, and it lived up to the promise....