skytrain

Offering regular long-haul service from London-Gatwick to JFK International in New York, West Berlin’s Tegel, and Hong Kong with routes to the Caribbean, Gran Canaria, Polynesia and so on, Laker Airways—founded in 1966 as a private charter company by Sir Freddie Laker—was one of the world’s first low-cost carrier, a casualty of the economic recession of the early 1980s had its last flight and declared bankruptcy on this day in 1982 with debts in excess of ￡270 million making it the largest corporate failure in Britain at the time. Second only to the shorter-lived though equally pioneering Loftleiðir of Iceland, the story of this entrepeneurial venture is at one and the same time both inspirational and cautionary, ahead of its time and informing later no-frills airlines and last-minute bookings plus democratising exotic travel, while also helping to draw out the worse aspects of the industry with over-capacity, ghost-flights, territorial hubs and the attendant negative impacts on the environment.

traho fatis

The Latin motto—drawn by fate—echoes through this intriguing Renaissance tarot deck called Sola Busca, limned with an anachronistic marshalling of ancient heroes, medieval bestiaries and then contemporary weapons and armour. Housed presently in a museum in Milan and the earliest known deck to illustrate the complete suites of the major and minor arcana—probably engraved in Ferrara in 1491 and later hand-coloured in Venice—the allegory of iconography informs later iterations, including the familiar Smith-Waite design.  Nebuchadnezzar II, Gaius Marius, the uncle of Julius Caesar and several members of the Greek and Roman panthea.  Peruse the entire deck and learn more about the provenance at Public Domain Review at the link above.

de finibus bonorum et malorum

Spotted by Super Punch, New York Times sports writer Andrew Keh took note of the inspiring captions on posters for the Winter Games in the hotel he’s based out of. Lorem ipsum is placeholder text used in draft copies before the final version is available (see previously) and is adapted from a passage from the above Socratic dialogue of Roman orator Cicero (meaning on the ends of good and evil, a rather heavy subject for a throw-away endeavour), popularised in typesetting since the 1960s by a Letraset transfer sheets ad campaign, this pictured call-out begins “the pain is important to me” but non-standard, breaks down from there. Traditionally, the passage, which could very much apply to the spirit of competition, continues: “[B]ut occasionally circumstances happen wherein toil and pain can procure some pleasure. To take a trivial example, whom of us ever undertakes laborious physical exercise, except to obtain advantage from it? But who has any right to find fault with one who chooses to enjoy a pleasure that has no consequences, or one who avoids a pain that produces no pleasure?”

extraordinary popular delusions and the madness of crowds

On this day in 1537 in the flower market of Haarlem, tulips are unable to fetch or exceed their expected price for the first time during the speculative craze of the Tulipomania—results posted the following day, eroding confidence in contract calls and causing the exchange to collapse spectacularly. Though perhaps the Dutch enterprise as the leading economic and financial power of the time weathered the crisis with relatively few lasting scars—the account and effects taking hold in the popular imagination after journalist Charles Mackay’s above investigation in 1841 (perhaps dissuaded from writing about the more recent South Sea Bubble as hitting too close to home) and modern economists dismiss many anecdotes (patrimony and parcels of land for a single bulb) as illogical and inefficient, the new phenomena nonetheless establishes the discipline of socio-economics and how markets can deviate from intrinsic value.

7x7

1:12: a 1983 architectural magazine’s call for dollhouses  

way-finder: a friendly reminder about the most important app ever made 

i can’t hear you—i’m wearing a towel: dated New Yorker cartoons whose punchline has become a depiction of the everyday—via Waxy  

fisheye lens: a floating exhibit platform showcases Norwegian aquaculture practises 

philately: a brilliant abecedarium (see previously) of vintage postage stamps from around the world  

tensor strength: researchers engineer new material that can absorb and release enormous amounts of energy—like super-charged rubber band, via Slashdot  

the vault of contemporary art: a collection of architectural sketches and schematics from a Things Magazine omnibus post on the subject

artificial scarcity

Via Hyperalleric, we have another update from Molly White on how great Web 3.0 is going (previously) with this dispatch from a New Zealand auction house that sold material contact prints and plate glass negatives from photographer and portrait artist Charles Fredrick Goldie—whose work is problematic, considered reductive and promoting the contemporary thinking that the Māori were on the verge of extinction as a culture and colonial paternalism though also a snapshot of heritage that might be otherwise lost to time—bundled with their NTF, which fetched much higher prices than they could otherwise garner, complete with a small mallet—inviting the winning bidder to smash the plate and render the lot digital only—see also. The sales were of a self-portrait of the artist at his easel and not of historic aboriginal elders so this provocation is not such an afford to museums and the art world, though one suspects that bidding was driven by investment and looking for a place to park one’s money rather than an appreciation for art or the subject matter.

hypapante

One of the earliest Christian celebrations and pre-dating by centuries the establishment of Christmas and Easter, the Feast of the Presentation, reckoned forty days postpartum when couples (mostly the mother and the separation period was doubled for baby girls) partook in a ritual purification ceremony with burnt offerings to cleanse both infant child and themselves and reintegrate into the community, Candlemas and its later backformations became popular during the fourth century Plague of Justinian and it may be an appropriation of the feriae and fasti of Lupercalia and Ferālia that fell later in the month, the former itself a purification festival to promote health and fertility—February itself named after februa, the brooms to sweep away the detritus of the old year. Traditionally in some communities, decorations are finally taken down and candles are brought to local churches for blessing and used throughout the year.

live alone in a pardise that makes me think of two

As our faithful chronicler informs, musician Neil Young (previously) released his fourth studio album on this day in 1972. With tracks backed by the London Symphony Orchestra and guests Linda Ronstadt, David Crosby, Stephen Stills, Graham Nash and James Taylor and the singles “Heart of Gold,” “Old Man” and “The Needle and the Damage Done,” Harvest topped record charts around the world and was the most popular and commercially successful album of the year in the US and Canada. Young’s nineteenth recording from 1992, Harvest Moon, features many of the same musicians from the earlier album.