The Economics of Everyday Things 75. Butchers
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Jan 6, 2025 Discover the fascinating journey of beef from farm to table, featuring the artistry of skilled butchers and the intricacies of meat processing. Learn about the evolution of butchery as tradition meets technology, and explore how supermarket practices have displaced traditional butcher shops. Dive into the economics of beef, discussing sourcing, pricing, and market fluctuations. Enjoy a humorous take on the tenderness of filet cuts while also picking up tips for tax savings. It's a meaty discussion packed with insights!
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Flannery's Butcher Shop Legacy
- Brian Flannery's father started as a butcher shop sweeper.
- He worked his way up to general manager, overseeing 80 butchers.
Butcher's Evolving Role
- Butchers once possessed comprehensive knowledge, from slaughter to final product.
- Today, there's more specialization within the industry.
The Beef Industry Hourglass
- The beef industry resembles an hourglass, with numerous producers and consumers.
- Slaughterhouses, controlled by four major companies, form the bottleneck.