The Upward Price Spiral

The Upward Price Spiral

On January 5, 2011, I was flying to Las Vegas for the Consumer Electronics Show (footnote 1). On January 5, 1914, Henry Ford announced that he would pay a minimum of $5 to eligible employees who worked an eight-hour day. (At that time, a good wage was $2.50 for a workday of 10 hours.) Ford was not being altruistic; he wanted to motivate his employees both to become more productive and to stay loyal to their employer. And there were strings attached: A Ford employee "must show himself to be sober, saving, steady, industrious and must satisfy . . . staff that his money will not be wasted in riotous living." But Ford also wanted his workers to be able to afford the products they made. It was Ford's action, I believe, that triggered the rise of the American middle class, and it was that middle class's combination of disposable income and increased leisure time that fueled the growth of high-end audio.

Big Star's Third

Big Star's Third

In the chronicles of the now absurdly revered Memphis alt rock originators, Big Star, the third record called appropriately enough, Third (or sometimes Sister Lovers) is perhaps the band’s best record. That’s only true of course if slow, often gossamer thin melodies pitched too high so that Alex Chilton’s voice couldn’t help sounding anguished and lyrics that fit under the term of “Fragile” or “Twisted,” and a pervasive feeling of doom (with several outbursts of partly cloudy pop rock) are your thing.

Arcam Delta Black Box D/A processor

Arcam Delta Black Box D/A processor

As explained by Ken Kessler elsewhere in this issue, the English A&R Cambridge company made their name by producing one of the UK's most successful integrated amplifiers, the 40Wpc A60. This neatly styled model was in production for a decade or so and was the basis for a large number of good-sounding but inexpensive audio systems. These days, the company, whose products in the US sell under the Arcam banner, is a major British hi-fi manufacturer, with a product line that includes integrated amplifiers, tuners, loudspeakers, cartridges, and even a CD player. A&R was, I believe, the first UK manufacturer to obtain a player-manufacturing license from Philips, and with the product under review here, has broken new territory for a supposedly "audiophile" company in having a custom LSI chip manufactured to their own requirements.
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