Saturday, March 30, 2013
Due to error, my calendar incorrectly tells me that Edison Hour (aka Human Achievement Hour) is tonight. Actually, it was a week ago. Fortunately, it isn't too late to amuse oneself with what leftists are doing to
save the planet feel good about
themselves via the slide show at
Much more important than that, it isn't too late to support the causes of reason, justice, and capitalism.
"Concierge physicians routinely report greater job satisfaction, because they can practice the way they were trained -- taking the time to really talk to their patients and use their skills to their fullest extent." -- Paul Hsieh, "Is Concierge Medicine the Correct Choice for You?", at Forbes
"[T]he problem is that the minimum wage doesn't ensure everyone can earn a living--it ensures that many of us can't earn anything." -- Don Watkins, in "To Protect the Defenseless, We Must Abolish the Minimum Wage", at Forbes
"Your time is more precious than that money that's going to tick down to zero whether you're parked there or not." -- Michael Hurd, in "What's Your Time Worth?", in The Delaware Coast Press
"So how do you handle the process of dealing with tradespeople? Simple: Treat them the way you want to be treated." -- Michael Hurd, in "A Little Respect Gets Things Done" at The Delaware Wave
"As we reach the law's third year mark, we know what's in it--and we know it is poison." -- Scott Holleran, in "It's Never too Soon to Repeal Obamacare", at The Washington Times
My Two Cents
Apropos of Edison Hour, Michael Hurd's point about the value of piddling amounts of money versus time reminds me of a very good one I ran into years ago versus the kind of pointless recycling environmentalists indulge in and try to make the rest of us do: "If it's immoral to waste, then it's immoral to recycle when the benefits of doing so are less than the value of the time it takes to do so." [my bold]
Is it really worth even a second to treat that used soda can like gold?
Lock-In by Any Other Name
I ran across a thought-provoking phrase a while back: "digital sharecropping".
[O]vernight, their business model quit working. Revenues simply wouldn't exceed costs. A decision made by another party, one they had no control over, took a wonderful business and destroyed it.The article makes some great points, but I dislike the term "digital sharecropping" because it smears legitimate business practices by invoking the predation that bad laws and a backward culture once made possible. One can say, "Have a Plan B," without impugning a company for making decisions it deems best (but which might pose problems for third parties).
And that's precisely what you risk every day you make your business completely dependent on another company.