Category: Though You Probably Weren’t

Into the darkness they go, the wise and the lovely

Those of you who are acquainted with my writing on this blog probably know that (a) I study mortality risks, and (b) I sometimes comment on how these risks change when the clocks spring forward and fall backward.   This fall is no exception, as I have a piece in the venerable Costco Connectionmaking the case that maybe keeping Daylight Saving Time as is wouldn’t be the worst thing to happen to the world.  (I could have made the case the other way, as the policy decision here is very unclear, which tends to favor the status quo).

As per usual, the the remarkable Gaisma.com site shows us what’s at stake here in Appleton.  The break in the series starting in month 11 is upon us:

The Appleton Day

What does this mean for you?  Well, starting Sunday it is going to be dark at 5 p.m.  meaning that you are far more likely to get hit by a car at 5 p.m. next week than you are this week.   When I say “far more likely,” our estimate is that the risk is about three times as high!

Of course, you are also far less likely to get hit at 6 a.m. in the extremely unlikely event that you are out 6 a.m.  But, notice, but January 1 the sun won’t rise until after 7 a.m., and if DST was permanent, that would be 8 a.m.   Sunlight is the ultimate scarce resource.

Here is our previous coverage.

* The picture in the Costco piece is of me enjoying some daylight at Wrigley Field. Should Daylight Saving Time be eliminated? Of course not! More daylight means more daytime ball games.

Springing Forward

It is that time of year where the days get longer, aided by a single leap and bound.  This Saturday into Sunday, much of the US will push its clocks forward by one hour.  Despite the “Daylight Savings” moniker, there is no actual daylight saved — it just shifts an hour from the morning to the evening.   The consequences of this likely will affect whether some people live through the rest of March or not, as I pointed out in the New York Times Room for Debate section a few years ago.  My contribution has to do with the changes in pedestrian fatality risks and total fatalities associated with the time change.  I also wrote a more general piece for the Appleton Post-Crescent.  Below is my semi-annual rehash of a previous post…

So, what does a time change look like?  Glad you asked:  The figure from the sunshine authority, Gaisma.com, shows daylight patterns for our own Appleton, Wisconsin.  Each day starts with midnight at the bottom and goes to the top, and the months go left to right.  The blue line is the dawn and the red the dusk.

The Appleton Day
Appleton Time

The switch to DST in March and the switch back to standard time in November are clear — they are the discontinuities (the “breaks”) in the sunrise and sunset curves.  Because we “spring ahead” one hour, the sunrise time on Sunday morning will be one hour later than it was on Saturday.  An early morning walk that was in that daylight on Saturday will be in the dark on Sunday.  To have a sunrise at the same time as Saturday’s, we will have to wait until early April.  The opposite happens in the evening.  Sunset will be one hour later starting on Sunday.  There will be less light in the morning, but more light in the evening.

Light and visibility are extremely important determinants of traffic safety, particularly for pedestrians.  Paul Fischbeck and I looked at data from 1999-2005 on fatalities and travel patterns, and determined that the morning risk increases about 30% per mile walked, while the afternoon risk falls close to 80%.

The figure below shows pedestrian fatality risks from 1999-2005.  The blue and maroon bars show fatality risks per 100 million miles walked in March and April, respectively.  Note that for the 6 a.m. time slot the risks increase about 30%, whereas for the 6 p.m. time slot the risks take a sharp nosedive.  At midday the risks stay right about the same (we found no statistically significant difference in risks for that time period).  Overall, total pedestrian fatalities decrease in the Spring both because risks fall more in the evening than they rise in the morning, and there are many more people out later in the day.

Ped Spring

These data are rather crude in the presentation, as they do not focus specifically on the days leading up to and immediately following the time shifts, which is how researchers typically isolate the effects of the time change.

Here are some references for those interested:

S A Ferguson, D F Preusser, A K Lund, P L Zador, and R G Ulmer “Daylight saving time and motor vehicle crashes: the reduction in pedestrian and vehicle occupant fatalities,” American Journal of Public Health 1995 85:1, 92-95

J M Sullivan and M J Flannagan, “The role of ambient light level in fatal crashes: inferences from daylight saving time transitions,” Accident Analysis & Prevention, 2002 34:4, 487-498

D Coate and S Markowitz, “The effects of daylight and daylight saving time on US pedestrian fatalities and motor vehicle occupant fatalities,” Accident Analysis & Prevention, 2004, 36: 3 351-357

Be Like Mike?

Michael Greenstone, that is.

One of our esteemed alums forwarded me the link to the eponymous “Which famous economist are you most similar to?” website, and yours truly — though I probably shouldn’t be telling you this — has landed atop Professor Greenstone, the University of Chicago energy economist and President Obama’s former Chief Economist for the Council of Economic Advisers.

The data are procured from the University of Chicago’s periodic IGM Economic Experts Panel, and the matching is done via a principal component model (which, I suppose is ironic, because the principal-component model isn’t really part of our standard toolkit).  That bit of hilarity aside, here is what it looks like:

LikeMike

Daron Acemoglu

Though I landed near Professor Greenstone, I, pictured here as a red dot, was actually matched with Daron Acemoglu.  Unfortunately, I couldn’t think of a good post title playing on the word “Daron”.     Perhaps I should have been a little bit more….  adventurous?

Goodness, A Fit!

Tyler Vigen has opened up the world of spurious correlations like no other with his aptly titled website, Spurious Correlation.  Whether it’s the remarkably tight relationship between US spending on science, space and technology with suicides by hanging, strangulation and suffocation or a more loosely related relationship between Stanley Cup goals and Suicide by Pesticide (I made that one up myself!), Vigen is Johnny-on-the-Spot with fitting data for no greater purpose than amusement.

goals-scored-by-winning-team-in-stanley-cup-finals_suicides-by-pesticidesVia Kottke, of course.

102 Days and the LU Curling Club

Curling
Click for a bigger Spiel

This past week President Burstein hosted a pizza gathering in anticipation of the annual 102-Day Senior Party.  As the name indicates, the party marks only 102 days until Commencement for our out-going Seniors, assuming their Senior Experience papers get whipped into shape.

Though I was not able to attend (invitation lost, perhaps?), I see that the President’s gathering included some charter members of the Lawrence Curling Club, of which I am the faculty sponsor.  Pictured is the president with some of our young curlers, who are no doubt explaining that “take out” is not pizza related, nor does “hog line” have to do with diners queuing for sausage pizza.

Welcome to Wisconsin

Those of you out-of-staters venturing into Wisconsin for the first time perhaps have noticed a few things — the verdant landscape, the ubiquitous beer-drinking establishments on and around College Avenue, people wearing green and mustard yellow clothing as if that were a normal thing to do, and, of course, the Wisconsin dairy culture (so to speak).

Indeed, Wisconsin dairy farming is second to none (well, second to California, but California is really big) and the locals here embrace the cheese culture in ways that Californians could only dream.  Firstly, of course, the locals actually call themselves cheeseheads, and will go so far to wear cheese-themed headwear.

We also have something else the median Californian doesn’t see much of — winter.  As you might expect, the cheeseheads are busy looking for innovative ways to defray the considerable costs of combating roadway snow and ice.  And, as it turns out, they need look no farther than the cheese on top of their heads.

The Milwaukee Journal-Sentinel is on top of the story:

The [Milwaukee] Department of Public Works will go ahead this winter with a pilot program to determine whether cheese brine — a liquid waste product left over from cheesemaking — can be added to rock salt and applied directly to the street…

Tiny Polk County, in the northwest part of the state, has been using cheese brine since 2009. According to the city report, Polk County saved approximately $40,000 in the first year by using cheese brine as a pre-wet agent to salt or a combination of salt/sand.

It seems they spray the cheese on the ground as a primer and then dump the rock salt on top of that.  Rock salt is more expensive than cheese brine (generally, I guess) so it seems to make sense.  Except the cheese is kind of stinky, it seems.

I really liked the writing in the story and the somewhat comical undertones  (though my spell check doesn’t seem to recognize the word cheesemaking, it seems to flow quite naturally in the  Journal-Sentinel prose).  Perhaps the most interesting aspect is that cheese wasn’t the first choice — the city has been toying around with salt-brine, molasses, and beet juice as supplements to defray the cost of rock salt.  

Beet juice!?!

Next time they’ll know better.

I Wonder Why It’s Called ‘Green Bay’?

Slate.com points us to a (possibly) interesting U.S. map that lists locales by the literal meanings of the underlying name.  For instance, my own hometown of Champaign, Illinois, comes from a French word, not for the delicious bubbly (via the grapes of the Champagne region), but rather for a flat, open area of land — a plain plane, so to speak.

The headline of the Slate piece takes us up I-57 to Chicago, a word derivative of a French term meaning stinky onions, evidently the defining characteristic of the Second City before it was the First City.  I actually knew of Chicago’s secret onion heritage from reading Rodman Paul’s classic, Mining Frontiers of the Far West, where he tells us about the early audacious stature of Galena, Illinois:

The Fever River District, as it was called, boasted a boisterous population, and was fully equipped with saloons, dance halls, vigilance committees, and daily mayhem, while the site of Chicago was still an onion swamp.

Chicago is now the biggest city in the state of the Land Where People Speak Normally (well, at least in Normal they do, I suppose), whereas Michigan means Big Lake and Wisconsin means Red River.  

Contrary to popular belief, Fond du Lac does not mean “fondness of lactose products,” but actually means font (founding, or, in this case, bottom) of the lake.  And, of course, Appleton is not a tribute to this region’s prolific apple output, but instead is named for Amos Lawrence‘s presumably lovely wife, Sarah Elizabeth Appleton.

Or is it?

As it turns out, after Appleton became Appleton, the aptly named Reverend Reeder Smith convinced Lawrence to use the town name as an early college development strategy.  To wit, they told renowned philanthropist Samuel Appleton that the town was actually named for him, Samuel.  Marital vows only go so far, I guess.  For his part, Samuel was so pleased that he wrote a check for $10,000 to endow a library — adjusted for inflation, that comes to about $250,000 in today’s dollars. 

Assuming you can still trust a library after that, you can read a blurb of the sordid history here.  

Finally, for those of you wondering, there is no truth to the rumor that Samuel Appleton was known to his friends as “The Big Apple”.  

Summertime rolls, indeed.

Summertime Rolls: Flipping Out, Going Bananas, and Finally Tying the Knot

It’s been a while since we updated the blog here, so let’s kick off the summer by getting back to the basics.

First, the Food Lab grills us on our grilling knowledge.  Do you think you should only flip your steak once?  Perhaps you are cooking your steaks wrong.   Wouldn’t surprise me.

Next up, Radius Foundation director Terry Moore gets up at a TED conference and tells us we are tying our shoes wrong. Who knew?

Finally, an oldie but goodie, Steven Landsburg wonders whether we are peeling our bananas from the wrong end.  Bananas have been a ripe topic in both my Econ 300 course and Econ 100 courses.  On the one hand, they are both delicious and nutritious.  On the other hand, one of our “Economic Naturalists” wonders why they are such a scarce resource on Warch first.

Who says a liberal education isn’t transformative?

 

He’s a doctor, he’s a college professor [but] he’s also a sort of rough and tumble guy

No, that’s not me introducing Professor Galambos at a recent Economics Colloquium;  it’s George Lucas hashing out his initial vision of the Indiana Jones character with Steven Spielberg and Lawrence Kasden.

In what has to be one of our greatest “Bedtime Reading” finds ever, behold this remarkable 90-page transcript of the “spitballing” sessions available online.  The sessions are excerpted in a recent New Yorker piece.

If you have ever wanted to see creative genius at work in all its fits-and-starts, here you go.

Kasdan: Do you have a name for this person?”

Lucas: I do.

Spielberg: I hate this, but go ahead.

Lucas: Indiana Smith.

And, if you have 13 minutes and would like your mind completely blown, you might check this side-by-side out.

Han Solo, Sharecropper?

Movie icon Harrison Ford will reportedly return reprise his iconic role as intergalactic hero Han Solo in the upcoming Disney epic, Star Wars VII: A Sith in Time til Episode Nine.

On the heels of Doug Allen’s visit, we pause to ask whether Mr. Ford be paid a fixed wage, or will instead demand a share of the revenues from the film and the merchandising?

Perhaps we should consult Darlene Chisholm for some clues?

 

Seems Like a Good Job Interview Question

I’m not sure this has anything to do with economics, but given the cross-disciplinary spirit that exists here on campus I thought I would post it anyway:

Would you rather fight 100 duck-sized horses or one horse-sized duck?

That was a question that was posed to President Obama (he declined to answer) that I read about at the Kottke blog.  And, as per usual, Mr. Kottke has way more on the topic than we could reasonably hope to expect.

Our Annual Holiday Message: Give Her Something Expensive and Useless

Although most of LU is closed today due to the blizzardy conditions, the Lawrence Economics Blog trudges ahead.  And, what better way to celebrate the snowfall than to look ahead to the holiday gift-giving season?  As last year’s economists’ buying guide went over so well, I’ve decided to repost it here. So here we go…

Oh, Santa, how did you know?!

It’s that time of year where we bid you Happy Holidays from the Economics profession.

Up first, we have a truly heroic figure, Joel Waldfogel, author of Scroogeonomics.*  I don’t know your preferences as well as you do, so whatever I give you is probably sub-optimal, unless you tell me exactly what you want.  And even then, wouldn’t you rather just have the cash anyway?  For those of you intermediate micro students, you know that kids prefer cash over any in-kind equivalent.

Kudos to Professor Waldfogel for willing to be “that guy.”

Speaking of Scrooge, was he really such a bad guy?  Not so, says Steven Landsburg. Let’s give it up for our annual Scrooge endorsement from this classic Slate piece:

In this whole world, there is nobody more generous than the miser–the man who could deplete the world’s resources but chooses not to. The only difference between miserliness and philanthropy is that the philanthropist serves a favored few while the miser spreads his largess far and wide.

If you build a house and refuse to buy a house, the rest of the world is one house richer. If you earn a dollar and refuse to spend a dollar, the rest of the world is one dollar richer–because you produced a dollar’s worth of goods and didn’t consume them.

Ah, I just feel all warm and fuzzy inside.

Moving on to The Atlantic, where we have “The Behavioral Economist’s Guide to Buying Presents.” Now this is some truly indispensable advice.  Like Waldfogel above, the money point is to just give money. But, for the true romantics who feel compelled to give a gift, the behavioralists recommend this:

Buying for a guy? Get him a gadget. Buying for a girl? Get her something expensive and useless.

The gadget I get.**  The expensive and useless? That’s from Geoffrey Miller’s, The Mating Mind.  Here’s a brief explanation of courtship:

The wastefulness of courtship is what makes it romantic. The wasteful dancing, the wasteful gift-giving, the wasteful conversation, the wasteful laughter, the wasteful foreplay, the wasteful adventures.  From the viewpoint of “survival of the fittest” the waste looks mad and pointless and maladaptive… However, from the viewpoint of fitness indicator theory, this waste is the most efficient and reliable way to discover someone’s fitness. Where you see conspicuous waste in nature, sexual choice has often been at work.

This presents something of a conundrum because “expensive and useless” seems to be at odds with Waldfogel’s hyper-utilitarian cold, hard cash suggestion.

Last year I suggested that we could solve the puzzle by giving her Euro!, but it seems that the EU keeps plodding along. Perhaps a holiday shrub?

* The book is a follow up to the classic, “The Deadweight Loss of Christmas.”  Clearly, the book title Scroogonomics can be chalked up to the value-added of the publishing house.

**Conceptually, that is. I generally get ties and socks.

 

Do You Expect Me to Talk?

The chips are made *where*?

Welcome to winter break.  One of the great things about returning home is that your family and friends can share not only in the new, colorful personal habits that you’ve picked up on campus, but also in the fruits of the valuable analytic skills that you have developed here at Lawrence.

And what better way to get that conversation jump started than to break down which Bond villains had plans that actually made economic sense?

Economist Jean-Jacques Dethier gets us started.  Here — right on schedule — is a taste of analysis of the evil scheme of one Christopher Walken in A View to a Kill:

Plot: Max Zorin (Christopher Walken) wants to secretly trigger a massive earthquake that will destroy Silicon Valley. This will then allow him and his investor allies to monopolize the microchip manufacturing market.

Plausibility: “As far as I know, microchips aren’t actually manufactured in Silicon Valley,” says Dethier. “They’re made all over the world, in China and other places, though the guys who commission the work may be in Silicon Valley.” Therefore, while taking out Silicon Valley would obviously be cataclysmic for the tech industry, he notes, it also wouldn’t entirely remove your competitors, and wouldn’t ultimately affect manufacturing that much.

Ah, pity Zorin didn’t commission a five-forces analysis.

Via the Cheap Talk blog.

UPDATE: Tyler Cowen has weighed in.

There’s a Little Less to Explore in Minnesota

The internet lit up today when it became known that the state of Minnesota has a law on the books outlawing online education courses.  Evidently, the state decided to send off a letter notifying the rampant lawbreaker, Coursera:

The Chronicle of Higher Education reports that the state has decided to crack down on free education, notifying California-based startup Coursera that it is not allowed to offer its online courses to the state’s residents.

Alert reader “Mr. C” alerted me to this as an example of “rent seeking,” whereby the purveyor of market power erects a barrier to entry as a means to maintain its preferred status.  I wouldn’t really call this rent seeking in the conventional sense, as the state itself is simply kicking online providers in the teeth.  The state itself runs several non-online operations.  It would be rent seeking if one of the many fine private institutions went to the state to enforce the policy.

As for the policy itself, Slate online has a comical clarification.

It later was clarified that online education was okay, but the provider had to register with the state, and have its registration renewed annually.

So, what is the rationale for this?

George Roedler, manager of institutional registration and licensing at the Minnesota Office of Higher education, clarifies that his office’s issue isn’t with Coursera per se, but with the universities that offer classes through its website. State law prohibits degree-granting institutions from offering instruction in Minnesota without obtaining permission from the office and paying a registration fee…

The law’s intent is to protect Minnesota students from wasting their money on degrees from substandard institutions, Roedler says. As such, he suspects that Coursera’s partner institutions would have little trouble obtaining the registration. He says he had hoped to work with Coursera to achieve that, and was surprised when they responded with the terms-of-service change notifying Minnesota residents of the law.

The thing is, no one is wasting their money on Coursera courses, because they’re free. (Yes, says Roedler, but they could still be wasting their time.)

So the state is in the business of protecting its citizenry from wasting its time.

Unfortunately for its denizens prone to taking unlicensed and potentially time-wasting courses, within a day of the initial report the state capitulated and will allow Coursera to “operate without a license.”

The end must be nigh.

The Chicken Dance is a Grim Trigger

The Sheboygan Press reports on a recent showdown at the Sheboygan North High School Homecoming dance.  It seems the jubilant student dancers broke out some moves that strayed a bit too far to the salacious side, prompting Principal Jason “Takes No” Bull to issue this dictum:

[Bull announced] that if inappropriate behavior were to continue, the lights would stay on, the chicken dance song would be played for the rest of the night, and/or the dance would be canceled.

The grim trigger is a strategy in a non-cooperative game, where one party threatens to end cooperation forever if the other party fails to cooperate.  Evidently, it was a credible threat.

Perhaps this helps to explain why.

Well, Just Wait Until the Winter Games

We’re #8!

Some of you are aware that the summer Olympics have been taking place over the past few weeks, with athletes all around the world convening in London to kick each other, swim and dive in perfect synchronicity, throw balls into nets, and perform other feats of strength. As a way of monitoring each country’s progress, it is customary for the IOC and the media to keep a tally of how many medals each country has accumulated and then talking about it as if it had some great import. This year the United States amassed a whopping 104 total medals, with the People’s Republic of China coming in a distant second with 88 and Great Britain with a mere 65.

That metric never seemed quite right to me, though, because many events seem kind of like made up sports, and others involve teams, yet the team victory seems to just count as one medal.

Those issues aside, there is also the more fundamental issue that a country like, say, Grenada doesn’t have very many people in it.  Indeed, it might be the case that the Chinese sent more athletes to London than the entire population of Grenada combined. Yet, Grenada and China are set on equal footing in the ubiquitous Medal Count competition.

That’s why we’re fortunate to have Medals Per Capita dot Com keeping it real for us. The site does what you’d expect, adjusting the medals count based on population to produce the coveted “population per medals” metric.

And, on that score, the rankings change dramatically.  Indeed, tiny Grenada, with only 110,821 people, leads the way with one medal and a population per medal score of 110,821.   This bests second-place Jamacia’s score of 225,485 by a lot.  But Jamacia did come in with an astonishing 12 medals despite having a population slightly larger than the Pittsburgh metro area. Trinidad and Tobago and the Bahamas are also among the top five.

I should also mention — before somebody does it for me — that Hungary is an impressive 8th with 17 medals for a population of 10 million, which is about one medal per 600,000 inhabitants.

What about the “medals count winners”?  Well, the mighty US with its 104 medals is only about one medal per three million people, good for a measly 49th place, while China is way down in 74th on a per capita basis, with only a medal per 15 million people.

So, to put things in perspective, a simple linear extrapolation suggests that if Grenada had China’s population, it would have amassed more than 12,000 medals. In contrast, with 84 medals per 1.3 billion people, if China had Grenada’s population, it would have netted only 0.0068 medals.

On the one hand, this illustrates why it is probably a good idea not to put too much stock in linear extrapolations, but on the other hand, these types of comparisons are important, as any sort of comparative analysis needs to have some reasonable baseline or measure of perspective.

The Medals per Capita dot Com page has a whole menu of metrics for you to play with, so with the fall term at least a week away, go ahead and start playing.