life hereafter
random musings from a wannabe economist

air quality action day

     Posted on Friday, June 4, 2010 by britoman

What the hell am I supposed to do about this?

I’m on weather.com earlier today and I see this “Air Quality” warning, so I click it. The warning reads;

THE PENNSYLVANIA DEPARTMENT OF ENVIRONMENTAL PROTECTION HAS DECLARED AN AIR QUALITY ACTION DAY FOR THE REGION… IN EFFECT FROM 9 AM TO 10 PM EDT FRIDAY.

AN AIR QUALITY ACTION DAY MEANS THAT AIR QUALITY WITHIN THE REGION MAY APPROACH OR EXCEED UNHEALTHY STANDARDS.

Confused, I head over to NOAA.gov to read about what the heck that means;

“Unhealthy” means that everyone may begin to experience some adverse health effects, and members of the sensitive groups may experience more serious effects.

Well, fantastic. What am I supposed to do about that? Just deal with it? If I stay indoors and seal my windows with duct-tape, will the terrorists win?

on airlines & baggage

     Posted on Sunday, April 18, 2010 by britoman

As anyone who has ever flown in, once seen, or thought about an airplane, I feel as though it is my patriotic duty to add my inflation adjusted $0.02 into the mix.

In-case you have been hiding under a rock for the past week, Spirit Airlines announced that they will charge up to $45 for passengers bringing carry-on bags onto it’s jets this summer. The announcement has been met with much controversy and has even sparked a new Bill in congress entitled the BAG Act (whose cutesy title makes me gag a little so I won’t repeat it here.)

The great Senator from New York (no, the other one… yes, Schumer… near-sighted protector of consumers everywhere… ok, no? yeah, the CARD Act was short-sighted wasn’t it… ok, that’s a whole other debate, let’s move on…) has received commitment from five domestic airlines that they will not follow suit and also charge for carry-on bags. Unfortunately, the Senator may be on the wrong side of this issue. Closer inspection shows that the argument isn’t so simple.

This is a problem that airlines brought on themselves. Ever since they began charging for checked bags individual consumers decided to outsmart them and bring ever larger bags into the cabin itself. A cabin which was never designed to hold the quantity of cargo it now contains. This causes multiple headaches, it slows down the check-in process, slows down security, slows down boarding and slows down disembarkment. It now takes a solid half hour to board an A-390 as little old women struggle to lift 45-lb suitcases above their heads and into the over-head bins.

Spirit decided to apply a tried-and-true (and effective) economic principle using a (dis)incentive to force people to make a conscious choice about what they are doing. Do I REALLY need my bag with me in the cabin, slowing everyone down, or can it go below?

Of course no one wants to pay any added fees for anything, but perhaps we should all take a good look at what Spirit was trying to accomplish. Maybe folks bringing 40-lb bags into the cabin should pay the fee for the added convenience (for themselves) and inconvenience (for everyone else.)  Then we can all return to sanity and vacationers can check their over-sized and overstuffed bags. While we are at it, airlines should also enforce the rule that your first carry-on goes under your seat. No more putting your coat and purse in the overhead so that your little feets can stretch comfortably. (I’m looking at you.)

sway

     Posted on Sunday, April 18, 2010 by britoman

Sway: The Irresistible Pull of Irrational Behavior Sway: The Irresistible Pull of Irrational Behavior by Ori Brafman

My rating: 4 of 5 stars
The authors main premise is that we as humans are fundamentally flawed in our abilities to make rational decisions due to various factors in our upbringing and values systems.

Take for example the story about Who Wants to Be a Millionaire? In America individuals generally admire the wealthy, and as a result when a contestant on the show uses the Ask the Audience life-line the audience gives the correct answer more than 90% of the time. Russians are suspicious of the wealthy as they believe that they have gotten rich at the expense of the many. This was based on the experiences just after the fall of communism in the early 90’s. Subsequently, very, very rarely does the audience in the Russian version of the show ever give the correct answer. In-fact is seems like the audience purposefully gives the wrong answer, just to screw with the contestants. Different value systems, different responses.

Each chapter goes through a different factor that sways us from rational decision making, culminating in an ending that recommends.

The book is very light and airy, not delving too deeply into any one topic, and not really providing too much statistical information from the various studies reviewed by the authors. For this reason I think the book was a great primer on the topic of irrational behavior. Those seeking a greater understanding of why the human mind makes decisions the way it does, would be better served by finding a more technical book on the topic.

Those who enjoy books by Malcolm Gladwell and the Freakonomics-esque will definitely enjoy Sway.

View all my reviews >>

a lesson in changes

     Posted on Saturday, April 3, 2010 by britoman

So I just spent the past ten hours diagnosing a problem with my mac mini’s ability to connect to my wireless network.

Earlier today, out of nowhere (or so I thought) my mac was no longer able to connect to my home wireless network. I received the dreaded “Unable to Connect” no matter what I tried. It could see the network, just wouldn’t connect. Same thing with other nearby networks.

I scoured the Apple forums, rebooted countless times, edited XML files buried in the guts of the system all to no avail. I could not possibly think of what I had changed on my system to cause this nightmare. And then it hit me. Earlier in the day I moved my external hard drive from next to the computer to on-top of the computer. You know, where Apple put’s it’s Airport wireless cards. Yeah. I move the drive back to where it originally was and everything is fine again.

Lesson learned, sometimes physical change has an impact too…

life, death and taxes

     Posted on Wednesday, March 31, 2010 by britoman

Wow, the government is really fast at pulling money right out of your bank account when you owe them. I guess times are tough…

Speaking of taxes, I just finished completing the paper forms for my seventh and final state. Whew. If I was deciding where to live based solely on Tax forms I’m pretty sure that North Carolina would be at the bottom of my list. Delaware would be at the top. In Delaware all you basically do its copy over all of the lines from your federal return and tell them if there are any differences with your income or deductions with respect to their state. It’s two pages and your tax is computed on a simple ratio basis. Done in 7 minutes.

North Carolina on the other hand. Four pages long. The first page after you finish with the pleasantries of filling out your name, SSN and which horrible political party you want your money to go to, they have you jumping all over creation. I believe question 12 told me to go to page 3 and complete questions 37 through 52 and bring the result back here. Once on page 3 and you get to question 38 it tells you to go to the instructions and complete worksheet A on page 12. Once there one of the questions on the worksheet asks you to complete the Deduction Exemptions worksheet on the Federal 1040 instructions. So, here I am with two computers with four PDF documents open trying to complete these worksheets on pen and paper, only to get to the end of the worksheet and have it tell me that none of this matters and they are going to use the results on page 1 anyway. Oh and not to mention that Acrobat Reader crashed on me half way through and I tried to complete the forms again from memory and came out to a different result… I hate you NC Department of Revenue.

It was like one of those choose your own adventure books where you keep dying. Anyway, at least that is over.

I sure do hope that California doesn’t send me an IOU for the $2 they owe me… And yes, I will be cashing that check. It’s a principles thing.

census recommendations

     Posted on Monday, March 8, 2010 by britoman

Dear President Omaba;

I know you and the Congress are currently struggling with small ways we can reduce the national debt that won’t greatly impact everyone. As I was reviewing my mail this evening I saw a letter from the US Department of Commerce with the words 2010 Census on the envelope. Thinking that this was in-fact the census I opened the envelope to find it contained a letter stating that I would be receiving a letter containing the actual census in one week.

What is this? The Works Progress Administration (WPA) at work here? Did we need to bail out the Postal Service by mailing millions of letters saying “LOOK OUT, a letter is coming!” How many millions did that cost the tax payer?

I realize these are already sunk costs, however I’d like to make an early recommendation for the 2020 Census. Let’s stick to just sending out one letter with the form inside.

Sincerely,
Everyone

P.S. We are also in the 21st century. Perhaps next time we can try conducting the actual census virtually for those of us with Social Security Numbers and drivers licenses?

price discrimination in action

     Posted on Sunday, February 21, 2010 by britoman

I came across something during my Sunday shopping routine that really bothered me today. Recently I have been drinking those V8 Splash, vegetable juice hidden in fruit juice, things. I noticed they make a “light” version which has half the calories and sugar content as the regular version. Upon closer inspection I determined that the actual juice content of the “light” version was 42% juice while the regular version was 100% juice. Could this be? V8 is cutting down on the calories and sugar by simply adding more water to the regular product and selling it at the same price? So simple! So genius!

I noticed the same thing with Tropicana Orange Juice. New “light” version where the only decernable difference in the two products is the fact that the light version is only 50% juice!

It is so, companies have found a way to get consumers to self-select even in the juice aisle. For those of you who are price conscious, my recommendation is to simply buy the regular version and add your own water. (It’ll last longer that way!)