Category: Economics

What say, fuzzy britches?

Dan DickinsonLeave a comment

From CityTV:

Drive-thrus have become a way of life in car conscious Toronto, as busy GTA residents find they don’t have the time to even get out of their vehicles for a coffee or a hamburger. But what are they doing to the environment and how would you feel if local politicians made a move to either curb them or eliminate them altogether?

I’d question the environmental impact of eliminating the drive-thru. It seems to me it wouldn’t reduce the demand for coffee (could also be hamburgers, etc., but I’ll use coffee as my example here), so you’d have three net effects:

  1. People parking their car at the curb and idling while they run in for coffee. If it’s true that drive-thru wait times are less than counter wait times (and I assume it is) then the result is more pollution.
  2. People circling the block to find parking before running in; this circling means needless driving time, resulting in more pollution.
  3. The above two effects causing more traffic congestion in the vicinity of coffee shops, again resulting in more pollution.

If you believe that removing a drive-thru will reduce the overall demand for coffee, then maybe this model works (for the environment, but certainly not for the business). If you think demand would stay the same, then the model only works if you believe customers will stop driving to Tim Horton’s and will walk there instead, and I’d bet pretty hard against that.

Anyone disagree? Are my assumptions off?

And just out of curiosity, what marketing jackass invented the word thru?

.:.

From CNN:

Two inmates escaped from a county jail, hiding the holes they made in the walls by putting up photos of bikini-clad women, officials said.

Attention, all jail wardens: you might want to WATCH THE SHAWSHANK REDEMPTION!!

[tags]toronto drive-thrus, jailbreak, bikini posters, shawshank redemption[/tags]

I had no idea "religiosity" was even a word

Dan DickinsonLeave a comment

Richard Florida, author of Rise of the Creative Class, professor and all-around smart guy, is living in Toronto now. His blog is mirrored on the Globe and Mail’s website, and given his local focus I’ve subscribed to the feed. I find most of what he posts about very interesting; he describes his specialty areas as “economic competitiveness, demographic trends, and cultural and technological innovation” so I guess I shouldn’t be surprised.

Over the weekend he posted a graph that he’d found on Andrew Sullivan’s site, who found it in a Pew Research paper. I’ve posted it here:

Wealth and religion

While it doesn’t surprise me, it does illustrate the data nicely. Put simply, it indicates that the more religious a country, the less wealthy it tends to be. You could argue about which is the chicken and which is the egg in that correlation, but the trend is there. Canada’s easy to spot; the two North American countries are represented in navy blue and the US is labeled. Canada’s practically on top of the trend line.

Actually, the US is one of the two very interesting outliers: it’s the most wealthy nation, but is way off the trend line. Kuwait is the other: more wealthy than most of its middle eastern neighbours, but near the very top of the religion axis. Of course, that aberration can be explained by the fluke presence of oil; the US is a more complicated riddle.

Lots of other fascinating data in that report; give it a read if you have a chance.

.:.

More interesting articles that showed up in my feeds today:

[tags]richard florida, pew research, toronto pollution, wes anderson, malcolm gladwell[/tags]

"I'm with the band!"

Dan DickinsonLeave a comment

I’ve uploaded some of my favourite France pictures to Flickr. Here’s the slideshow. Nellie deserves all the credit; I have no eye for photography.

I also uploaded a video to YouTube. I’d had a bit to drink and decided it was a good idea to sit down at the drums for the first time in fifteen years. The guitarist was nice enough to humour me with a bass track, but I still sound quite rubbish. The shrieking you hear on the video is Nellie, who’d never seen or heard me play the drums. I sold my kit for tuition money the summer I met her.

.:.

I passed my most recent course. The marks went up today and I actually did a little better than I expected. I’m usually crap at multiple choice exams but I did ok this time around, and my other marks were good enough. Whew.

Three to go.

.:.

We chilled this afternoon by watching a light little film, Imagine Me & You (imdb | rotten tomatoes). The first half of the movie was so cute it hurt my teeth; the second half turned into a rather standard romantic comedy, but it was still kind of goofy and charming. Stunning female leads and a sapphic storyline didn’t hurt either.

.:.

Newsy bits:

  • December’s Spice Girls show in London sold out in 38 seconds, proving once and for all that drunk women with poor taste are quite adept at clicking a mouse.
  • John McCain has gone from embarrassing to…well, more embarrassing.
  • Did you miss out on the auction for Mogwai drummer Martin Bulloch’s old pacemaker? Well, fear not; you have another chance. Marty seems to replace these a lot. Next time he should get one with an audible beep; he’d never need another metronome or click track. Most Mogwai songs are around 80 bpm anyway…
  • Radiohead’s latest album pricing — where they let fans decide how much they’ll pay to download it — has gotten the attention of The Economist. George’s worlds are colliding!!

[tags]france, imagine me and you, spice girls, john mccain, mogwai, martin bulloch, pacemaker, radiohead, the economist[/tags]

The replacements

Dan DickinsonLeave a comment

I am now the proud owner of a Creative Zen Vision:M, the black 60GB model. However, I won’t have a chance to play with it tonight (!) as I’m busy taking care of other shit. I have to get up very early tomorrow for a flight to Montreal. I’ll return too late tomorrow night to play with it then either. Dan == sad.

I also got a replacement Roomba; no word on whether it’s intact or if I’ll have to return it as well. On top of that we got a replacement bathtub today. It’s a day of substitutions.

.:.

From the Globe and Mail: Bring pro hockey back to Winnipeg: Manitoba Tories

From me: Bring economic lessons to the Manitoba legislature.

[tags]creative zen vision m, roomba, winnipeg, hockey[/tags]

Going long on the Basque

Dan DickinsonLeave a comment

For some reason today I can’t stop thinking about the proposal a few years ago by DARPA to create a futures market for terrorism. When the idea was first announced I had the same reaction as most people: it was too macabre an idea. In recent months, a few years on from the project being scrapped, I started to see the good points behind it. The free market tends to bring out any information that someone feels will be profitable, and so the rationale was that a potential informant would be swayed more by the lure of shorting a terrorist attack stock than the prospect of doing the right thing.

However, the free market also entices people to cheat, and so the next worry would be that terrorists could manipulate the futures market by, well, causing more terrorist attacks. In the “legitimate” investment world this untoward behaviour is monitored and punished by the likes of the SEC; in this case I think it’d be tough to get terrorists to subscribe to such governing bodies. So this market would be both macabre and prone to manipulation…manipulation in the form of people dying. Not going to win you any policy awards, that one.

I don’t know what’s been making me think of this lately. Nothing I’m reading or working on is even remotely in the neighbourhood of either terrorists or futures contracts, but…there you have it, ladies and gentlemen. My brain.

[tags]darpa, terrorism futures market[/tags]

"Market's bubbly boom" is the new "Cellar door"

Dan DickinsonLeave a comment

Another positive step for Canada:

The Canadian parliament has voted against renewing two controversial anti-terror measures that had been adopted after the 11 September attacks.

The measures allowed suspects to be detained without charge for three days and could compel witnesses to testify.

The minority Conservative government accused the opposition Liberals of being soft on terror.

I’m not sure how accurate that accusation can be when it was the opposition Liberals who introduced the measures in the first place. Anyway, though they were never used, I’m glad they’re gone.

.:.

The Economist’s Free Exchange blog touches on yesterday’s market troubles in this morning’s memo, and hints at how powerful Alan Greenspan’s mutterings are even now that he’s no longer the Fed chairman. I wonder what would happen if Greenspan just wandered up to a camera crew and yelled “Soy! Soy! Buy all the soy futures you can get your hands on!” into a microphone?

[tags]canadian anti-terrorist measures, economist, free exchange, alan greenspan, soy futures[/tags]

Jack LeStat

Dan DickinsonLeave a comment

Link dump:

.:.

24 started last night, as everyone now knows. Already it’s totally predictable, and yet I’ll watch the whole season. It’s like watching sports: you watch 60 minutes for the few brief flashes of interesting, compelling action scattered throughout. It’s a marathon, not a sprint.

[tags]gdp density, france, smoking ban, the onion, 24[/tags]

"Because of this, she is not a real Seeing Eye bitch, and is also mentally deranged."

Dan DickinsonLeave a comment

The Onion A.V. Club sums up what’s wrong with 21st century game shows:

There’s something about Deal Or No Deal that’s more insidious than its molasses-pace and spotlit emptiness. Like 1 Vs. 100—like our culture, increasingly—it neither encourages nor rewards actual intelligence and talent. It rewards hope, self-regard, and blind persistence.

Idiocracy, here we come. Really, when you consider the success that game shows like Deal Or No Deal and Who Wants To Be A Millionaire have enjoyed recently, it’s a tribute to ABC that they’ve kept Jeopardy on the air for so long without dumbing it down.

.:.

While the story about Toronto Transit Commission chair Adam Giambrone accepting a challenge to let the public make suggestions for the TTC website revamp was in all the Toronto blogs last week, it’s finally seeped into the mainstream media. This story makes my inner geek all warm and fuzzy. Congratulations to Robert Ouellette of Reading Toronto for getting something done, and well done Adam Giambrone.

.:.

The Doha round of World Trade Organization talks may still have some life, though the clock (on President Bush’s “fast-track” authority, specifically) is ticking. Ultimately, this is a case where a lame-duck president could come in handy; if Bush were facing re-election in 2008 there’s absolutely no chance he’d cut $20 billion in farm subsidies.

.:.

The Canadiens are now mired in what can only be called a slump. They’ve lost 3 straight, partly because of the flu bug that’s floored half the team, and partly because New Jersey just has their number. The Habs need to locate their scoring touch, and soon, because the Senators and the Rangers are turning on the jets.

.:.

Last night we watched Everything Is Illuminated (imdb | rotten tomatoes), the movie adaptation of a book I read a few years back. I wondered how director Liev Schreiber would deal with the third, most fantastical storyline; it turns out he ignored it altogether. It was the right choice, if also the boring one; there was no good way to put that on the screen and still hold the other storyline(s) together, and yet that storyline was the only thing that made the book stand out from the rest of the story which had been told hundreds of times before. What remained in the film was good, but not new.
[tags]deal or no deal, 1 vs 100, who wants to be a millionaire, jeopardy, ttc, adam giambrone, robert ouellette, wto, doha round, canadiens, everything is illuminated[/tags]

Hello, bigoted pot? This is retarded kettle calling. You are black.

Dan DickinsonLeave a comment

The best part about this CNN story regarding the imminent gay marriage ban in Massachusetts: the colossal irony of the accompanying picture.

[EDIT: I suppose it could be an opponent of the gay marriage ban carrying this sign, which would kill both the irony and my witty subject line. Therefore, I choose to stick with my original interpretation: the man holding the sign is a weenie.]

.:.

The Economist’s Free Exchange blog has yet another thought-provoking post, this time about the decline of violence in recent decades and the 20th century overall (despite what the news might suggest). Being the Economist’s blog, the topic is tied back to factors like wealth and trade, and to the question of whether economic prosperity reduces violence; my opinion is that it does, but the writer himself points out one of the most common arguments against such an opinion:

“Increasing trade has made it harder to go to war without at least temporarily doing violence to one’s own economy. Of course, I believe this argument was once advanced as a reason that World War I was impossible.”

By the way…cat-burning? I couldn’t have lived in the 16th century.

[tags]gay marriage ban, massachusetts, economist, free exchange blog, decline in violence, cat-burning[/tags]