Quotes ...archives

Ancient Craft of Basket Weaving

* Baskets have a long history, having been used for thousands of years. Homer in the Odyssey mentions a wicker basket in which newly made cheeses were placed to let the whey run through.
* In more recent history (hundreds versus thousands of years ago), the Romans cultivated willows for basketmaking, later extending them to the creation of furniture and chariots.
* Today, as you can see in the picture below, despite its age (and unlike many inventions today), baskets have maintained their usefulness. In fact, believe it or not, there are even basket collectors all over the world.
* In finance, a "basket" refers to a collection of consumer goods and services that are tracked in the process of calculating a consumer price index (the numbers on the index tell us if prices in general have gone up or down over a period of time). It is also called a "market basket".


Photo courtesy of Bill Hocker

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