Monday, August 31, 2009
Sunday, August 30, 2009
Repeat after me: the world is unfair and I am a piece of shit
Slavery was just outlawed in Mauritania in 2007(!)
(You'll have to listen to this BBC story to understand the title of this post.) I get so angry when I think about stuff like this. On the other hand, I think about whether some girl in a Chinese factory working 14 hours a day so I can have cheap electronics or a migrant worker from Mexico picking strawberries for below US minimum wage is right. I think what makes it not worth worrying about for most people is that the information about working conditions has been lost (e.g. I don't know that my $2.99 strawberries were picked by someone getting paid $2.50 an hour). Recovering this information and exposing it (along with making it easy for people paying below minimum wage to head to prison for a year would do some good).
I love me some good ol' cognitive dissonance.
(You'll have to listen to this BBC story to understand the title of this post.) I get so angry when I think about stuff like this. On the other hand, I think about whether some girl in a Chinese factory working 14 hours a day so I can have cheap electronics or a migrant worker from Mexico picking strawberries for below US minimum wage is right. I think what makes it not worth worrying about for most people is that the information about working conditions has been lost (e.g. I don't know that my $2.99 strawberries were picked by someone getting paid $2.50 an hour). Recovering this information and exposing it (along with making it easy for people paying below minimum wage to head to prison for a year would do some good).
I love me some good ol' cognitive dissonance.
Friday, August 28, 2009
Thursday, August 27, 2009
I feel for the guy who wrote this post. I'm sure he recommends making a special effort not to get on the wrong side of an entity with deep pockets and little regard for the welfare of others.
Restraint is hugely important in many areas of life -- humor for one, relationships for another. I have a low opinion of those who protect their status quo by all means at their disposal. It's weakness.
Restraint is hugely important in many areas of life -- humor for one, relationships for another. I have a low opinion of those who protect their status quo by all means at their disposal. It's weakness.
Short and good article on finance's function in our economy and how well it's doing the job -- and at what cost.
Friday, August 21, 2009
I noticed in my grocery store that the Coinstar machine no longer displays that they take a cut of 8.9%. (I bet a law has been changed, and there is no longer regulation mandating this.) Every time I see someone use one I cringe since someone taking 8.9% off an investment would just be insane. They don't even make sense from an evil economist robot point of view since you're exchanging perfectly good legal tender for less legal tender.
I wish I could legally shake the next person I see using one...and then also lecture them on starting a 401k (and make sure that expense ratio is where it should be).
I wish I could legally shake the next person I see using one...and then also lecture them on starting a 401k (and make sure that expense ratio is where it should be).
Tuesday, August 18, 2009
Tiny random factoid
In Indonesia, you could send 1500 text messages for the cost of sending one in the US.
Monday, August 17, 2009
I routinely come across articles mentioning a corrupt politician or salesman, but I've never come across a soul in my life who would consider themselves corrupt. And I bet even those rare few people who have been convicted for the offense do not see themselves as corrupt, or at least no more than any other person.
Maybe everyone deep down knows they have that weakness in them, but they cannot stand the thought of themselves being weak or mildly evil?
Maybe everyone deep down knows they have that weakness in them, but they cannot stand the thought of themselves being weak or mildly evil?
Saturday, August 15, 2009
Tuesday, August 11, 2009
Monday, August 10, 2009
Wednesday, August 5, 2009
Tuesday, August 4, 2009
Psychoanalytic doctrine reveals the pig in man, a pig saddled with a conscience; the disastrous result is that the pig is uncomfortable beneath that pious rider, and the rider fares no better in the situation, since his endeavor is not only to tame the pig but also to render it invisible.
--Stanislaw Lem, His Master's Voice
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