The correlation conundrum

Everybody loves pay­day. Whether it is the first, last or middle day of the month, simply know­ing that the reward for one’s labor has been deposited in a bank account creates a feeling of security.

The word “salary” itself derives from the Latin sal­arium, whose root is sal, or “salt.” In ancient Rome, sal­arium specifically meant the amount of money allotted to a Roman soldier to purchase salt. Hence the familiar term, “worth his salt.”

For a Roman infantryman, the receipt of such a scarce, valuable and useful com­modity would have provid­ed the same warm feeling we now experience on pay­day.

Following an era in which protein-rich food was diffi­cult to come by, the advent of domestication, farming and preservation allowed for more varied diets and sig­nificantly more efficient food chains.

Salt preservation, in particu­lar, was critical to the mainte­nance and storage of meat. Those with access to salt not only ate better, but also en­joyed longer and healthier lives. Which is why, in ancient Rome, salt was literally worth its weight in gold.

Fast forward to the present.

Salt remains a key staple due to tastes that have evolved in line with the practice of salt preservation. But packing a joint of meat in anything oth­er than a refrigerator would now be considered, at best, quaint.

Technology, tastes and times have simply moved on.

ABOUT THE AUTHOR
Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 16 years he has been based in London writing about funds and investments . From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope.

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