Quotulatiousness

October 18, 2015

Playboy‘s biggest market today

Filed under: Business, China, Media — Tags: , , , , — Nicholas @ 04:00

Colby Cosh on why the Playboy brand is so attractive to the Chinese market:

Playboy was once an important cultural force; and what are Chinese men and women buying when they buy jewelry or clothing with the Playboy bunny on it? They are buying a small stake in an anti-puritan, worldly vision of the good life. Hugh Hefner’s “Playboy philosophy,” which he used to set out in windy essays sandwiched between the pictorials, is still considered good for a laugh decades later. But every magazine does express a philosophy, whether or not it chooses to yammer on about doing so, and Playboy’s epicureanism was a powerful one. It practically amounted to a guarantee to the customer: if you bought Playboy, the only uplift you were at risk of encountering would involve lingerie, not morality.

When you were done being titillated by an issue of the magazine, the ads and the articles about stereos and cigars and cocktails were there to linger as an aftertaste, making a subtle but sharp imprint on one’s endocrine system. It is hard for us to appreciate what this kind of thing means in a strongly collectivist, egalitarian society. People who visited the old Soviet bloc, and who saw what blue jeans or heavy-metal cassettes did to the brains of the people there, will have some idea. It is an enigma of 20th-century history: stuff that seems trivial to a Western consumer somehow encodes a message of choice and private aspiration that can never be expressed as powerfully as an explicit proposition.

October 16, 2015

Hollywood’s pay gap is quite real

Filed under: Business, Media, USA — Tags: , , — Nicholas @ 04:00

Nicole Russell says that Jennifer Lawrence was quite justified in her complaint about being paid less than her male co-workers, and that the problem is industry-wide:

The equal pay gap is the issue du jour this week. It was a hot topic at the Democratic debate Tuesday night, and in Hollywood, actress Jennifer Lawrence recently discovered she made less on a blockbuster hit than did her male peers.

Unfortunately, equal pay has gotten a bad reputation on the Right, due to misinformation the Left likes to peddle. The record is easy to set straight, and the good news is that Hollywood isn’t the real world and the real world isn’t Hollywood.

[…]

Turns out, Lawrence realized what statistics have shown about Hollywood for decades: That place is a sexist desert. Being a woman in Hollywood, whether as an actress, screenwriter, producer, or the like is akin to wearing a cloak of invisibility.

After the Oscar nominees were announced this past year, the Women’s Media Center found “149 men are nominated versus 35 women” across 19 non-acting categories. There were seven Oscar categories with no women nominated, and “since 2012, only 19% of all non-acting Oscar nominations have been for women.”

Actress Charlize Theron discovered from the same Sony e-mails that her co-star Chris Hemsworth made $10 million more than she did on a film. As The Federalist’s Mollie Hemingway reported earlier this year, a study by The Center for the Study of Women in Television & Film found only 9 percent of the top 250 domestic-grossing films of 2012 were directed by women. According to researcher Susana Orozco, who went through every single spec script sale from 1991 and 2012, women wrote only 14 percent of spec scripts sold between 1991 and 2000.

October 15, 2015

QotD: No matter what, you’re never really “ready” for kids

Filed under: Business, Quotations — Tags: , , — Nicholas @ 01:00

Apparently tech companies are offering egg freezing as a benefit to their employees. There’s some suspicion among women I know that this is supposed to help/force women in technology balance family and career by delaying childbirth — it’s not a good time in your late 20s and early 30s, so freeze those eggs and have kids when you’re ready.

What I haven’t seen anyone explain is when, exactly, you’ll be ready. For most people, your 40s and early 50s are your peak earning years — is that really going to be a good time to meet that special someone, or finally step back to invest some time in having kids? I don’t know about the rest of you, but I’m already noticing that I have a lot less energy than I used to. It’s not that I can’t get my work done or anything like that. But it used to be that if I had to travel for six days straight and then deliver a 2,500-word essay on the 7th, I could dial up my reserves and power through it — miserable and cranky, to be sure, but functioning. Then one day, around the time I turned 40, I dialed down for more power and there just … wasn’t any. My body informed me that it was tired, and my brain would not be doing any more work today, and we were going to sleep whether I liked it or not.

This is — as friends who have done it freely remark — a difficult age to be taking on your first newborn. I can’t even imagine trying the same feat 10 years from now, when my joints will be even creakier and my reserves even more depleted. So I’m skeptical that women who are having trouble combining work and career now will really find it much easier to do within any reasonable time frame. Is all this egg freezing actually going to expand the choices of most of the women who use it, or will it just be an expensive way to choose career over family without realizing that you’re making that choice?

Megan McArdle, “Will Freezing Your Eggs Help Your Career?”, Bloomberg View, 2014-02-16.

October 14, 2015

Playboy finally reads the writing on the virtual wall

Filed under: Business, Media — Tags: , , , — Nicholas @ 04:00

Nick Gillespie says “thanks for the mammaries” to Playboy magazine:

Well, it was either really changing things up or going bankrupt for Playboy, the men’s mag that published its first issue way, way back in 1953.

Inside the pages of that first issue, Marilyn Monroe was seen posing with, as she once put it, “nothing on but the radio.” Its circulation peaked at 5.6 million in the mid-1970s and now comes in at maybe 800,000 nowadays. That’s still an enviable number but like a lot of other, older mags (think Time, Newsweek), Playboy is a shadow of its former self in every possible way: financially, journalistically, culturally.

The New York Times reports and the Interwebz weeps that come next March, the nudes are out as part of a thorough redesign of one of the most influential mags in American history. Yes, Playboy helped to mainstream nudity and, more important, start frank conversations about sex in a time of button-down sensibilities. Yes, Playboy photoshopped the hell out of its pneumatic centerfolds and playmates, launching innumerable careers and an even-higher number of eating disorders among women and unrealistic expectations among men.

In many ways a very progressive outlet, Playboy also showcased some of the worst, most-retrograde elements of the patriarchy that slowly and surely lost its power over the 20th century. For all of the nipples and the semi-arty beaver shots, it was far slower than National Geographic to showcase the full range of human diversity when it came to naked ladies, unless your idea of diversity only ranged from the girls of the SEC to the girls of Big Ten. It published a ton of great and famous authors with a capital A and set the standard in post-war America for the Big Interview, sitting down with everyone from Ayn Rand to Timothy Leary to William Shockley to Jimmy Carter (who notoriously admitted lusting “in his heart”) for incredibly extensive and intensive Q&As that simply (and sadly) don’t gone anymore.

The joke was that you’d only read Playboy for the articles … yet the articles were actually quite good for the most part. By the time I saw my first issue of Playboy (October 1972, if I remember correctly [edit: off by a year … it was 1971]), it was already being seen as stodgy and “conservative” compared to more explicit and raunchier competitors.

Update: Megan McArdle contrasts the Playboy Man with his modern-day “successor”, the Pick-Up Artist:

In its heyday among the mod generation, the writing essentially peddled the fantasy of being a more sedentary James Bond: a sophisticated and urbane man about town, drowning in lady friends. The New York Times quotes Hefner’s first editor’s letter, which sketches the demographic he envisioned: “If you’re a man between the ages of 18 and 80, Playboy is meant for you. … We enjoy mixing up cocktails and an hors d’oeuvre or two, putting a little mood music on the phonograph, and inviting in a female acquaintance for a quiet discussion on Picasso, Nietzsche, jazz, sex. …”

Playboy Man was, in short, a connoisseur of the upper-middlebrow au courant, at least enough to carry on an hour or so of really good cocktail party conversation. He liked to give cocktail parties, too, though they might have only one guest. His hi-fi system was the latest, his little black book crammed with the names of willing and attractive females. He was, we might note, the type of person who really doesn’t have a lot of spare time to spend looking at Playboy centerfolds.

[…]

It’s interesting to contrast Playboy Man with the modern incarnation that has taken his place: the Pickup Artist. Both present versions of the same message: follow this code, and you’ll be successful with women. (For some values of the word “successful,” anyway.) But Playboy Man was supposed to achieve this through mastering a certain body of “cool” knowledge, through becoming the sort of person who might impress even those he does not intend to woo. The Playboy fantasy was of being the kind of gent who naturally attracts women because he’s so with it, while the Pickup Artist fantasy is more like a teenager playing a video game: You press the buttons in the right sequence and — yes! — your character unlocks the next level.

Sexual conquest has, in other words, moved down market, as pornography did, first with the introduction of raunchier Playboy competitors, and then in the move to the Internet, where sheer volume trumps production values. Playboy spoke to the moment between two sexual moralities: the age when sex was forbidden, and the age when sex became ubiquitous. In the moment between, the sight of men openly pursuing lots of sex had a sort of glamour, and a status, that it has now entirely lost. I don’t say that the pursuit has stopped. But the charmingly dangerous character of the “wolf” has now been supplanted by an assortment of derisive terms that I cannot repeat here in a family-friendly column. For an adult man to admit that he spends a lot of time thinking about how to score is as gauche now as it was in 1900, though for entirely different reasons.

Introduction to the Competitive Firm

Filed under: Business, Economics — Tags: , , — Nicholas @ 02:00

Published on 18 Mar 2015

How does a company really behave? We tend to assume profit — the bottom line — is the main motivation for a firm’s actions. For most firms most of the time, this is a good assumption, especially in a competitive market. With this video, you will explore how a company maximizes profit in a competitive environment where there are many buyers and sellers.

This idea comes with a few surprises. Does a company really control what price it sets? Or does the market determine the price? Here’s a clue. If you owned an oil well, even your mother wouldn’t buy your oil if she could get the same oil somewhere else for less money. Watch and find out why.

October 10, 2015

“We’re very inefficient … and proud of it”

Filed under: Business, Cancon — Tags: , , , , — Nicholas @ 02:00

Published on 3 Oct 2015

Craft Brewery tourism is on the rise. Ontario Craft Breweries are opening throughout the province; eventually there will be one in every community. These breweries are a catalyst for economic growth. They have become sought-after tourist destinations, event venues, culinary centres.

October 9, 2015

Are We Better Off if We Buy Local? (Everyday Economics 6/7)

Filed under: Business, Economics — Tags: , , — Nicholas @ 03:00

Published on 24 Jun 2015

In this Everyday Economics video, Don Boudreaux addresses one of your viewer-submitted questions: “Is everyone better off if we buy local?”

In a modern economy, it’s hard to say that anything is truly “local.” Even an apple grown at a nearby farm isn’t a “local” good — everything from the fertilizer used to feed the trees to the wooden crates that carry the apples to market are likely made elsewhere. And, the profits the farmer makes from selling his apples are likely not spent locally — for instance, he may buy a tractor or supplies manufactured far away.

This video also takes a look at what would happen if you could direct your money locally. Would it benefit the local economy? How many businesses could survive solely on local business? What happens to specialization and productivity when we shrink markets? What about prices and variety of goods? Let’s take a look.

October 8, 2015

“[P]harmaceutical companies … make out like bandits from the existence of the patent system”

Filed under: Bureaucracy, Business, Health, Law, USA — Tags: , , , — Nicholas @ 05:00

The current US patent system is set up to create and maintain — for a limited time — monopolies that can be exploited by pharmaceutical companies:

The Wall Street Journal has a puzzling piece complaining about how the pharmaceutical companies seem to make out like bandits from the existence of the patent system. What puzzles is that the entire point and purpose of the patent system, in an economic sense, is so that inventors of things can make out like bandits. The background problem is that of public goods, something I’ll explain in a moment. That problem leads us to thinking that a pure free market in things which are public goods isn’t going to work as well as something a little different. So, we design something a little different. And the point and purpose of our design is so that people who innovate can make vast mountains of cash out of having done so.

It’s then more than a bit odd to point out that our system enables people who innovate to make vast mountains of cash.

[…]

Which brings us to the subtlety of those pricing decisions. With drugs, pharmaceuticals, close enough the cost of manufacturing a dose is zero. All of the costs go in the original research, the clinical testing (the lion’s share) and getting it through the FDA. Profit is therefore determined, since marginal production costs are zero (they’re not, accurately, but close enough for this comparison), by gross revenue. And we want to maximise the incentive for people to innovate, that’s the very reason we’ve got this patent system in the first place, and thus we would rather like the pharma companies to be maximising revenue.

And thus, from this economic point of view, we should be quite happy with people raising their prices. Demand does fall as they do so, yes, but as long as gross revenue increases, the price rises more than compensating for the fall in unit demand, then we should be happy with the way the system is working. Gross revenue is being maximised, profits are being maximised, incentives to innovate are being maximised. That’s what we want our system to do after all.

Far from being worried about this price gouging we should be welcoming it. Because, obviously, someone making bajillions out of having innovated a drug to cure a disease increases the incentives for many other people to go and invest bajillions of their own to cure other diseases. Far from complaining about it we should be celebrating the system working.

September 26, 2015

The LCBO backs away from auctioning rare wines in Ontario

Filed under: Business, Cancon, Wine — Tags: , , — Nicholas @ 04:00

Rick Van Sickle on the LCBO’s recent decision to hand over the rare wine auction market to a private auctioneer:

Quietly last week, Ontario’s booze monopoly finally threw in the towel over its glitzy rare and fine wine auctions and awarded the contract to an independent auction house — another case of letting private industry do a job that the LCBO couldn’t handle.

Canadian auction house Waddington’s will now conduct the auctions under a special licence through the LCBO.

The company added a new addition to their portfolio of fine art and luxury goods – Waddington’s Fine Wine and Spirits Auctions. “Ontario wine enthusiasts will now be able to better manage their cellars of fine wines and spirits with this connection to the enormous world wine market,” said Waddington’s President Duncan McLean.

The Toronto-based, Canadian-owned auction company was awarded the exclusive contract to provide fine wine and spirit auction services in Ontario under the authority of the LCBO, a first for an Ontario auction company. Waddington’s conducted the LCBO’s Vintages Fine Wine and Spirits auctions from 2009 until 2013.

The inaugural live fine wine auction will be conducted Dec. 12 at Waddington’s Toronto gallery, and an online fine wine auction will be offered Nov. 23-26. These auctions launch what will be a regular schedule of wine and spirits auctions and events for which Waddington’s is currently accepting consignments. All wines consigned are stored in a secure, temperature, light, and humidity-controlled wine vault.

September 25, 2015

Reducing income inequality

Filed under: Bureaucracy, Business, Economics, USA — Tags: , , , , — Nicholas @ 02:00

Tim Worstall in Forbes:

There’s a fascinating and very long essay over in National Affairs about how we might cut income inequality. And, contrary to what any number of Democratic candidates for office will tell you, the answer isn’t to impose ever more regulation upon the economy. Rather, it’s to strip away some of the regulation that allows certain favoured income groups to make excessive incomes. Excessive here defined as greater than the economic value they add to the lives of the rest of us, something they achieve by carving out economic rents for themselves. I would, myself, go rather further than the writer, Steven Teves, and start using Mancur Olson’s analysis, that this is what democratic (note, democratic, not Democratic) politics always devolves down into, a carving up of the public sphere to favour certain interest groups. But even this milder version gives us more than just hints about what we should be doing:

    At the same time, however, we have seen an explosion in regulations that shower benefits on the very top of the income distribution. Economists call these “rents,” which we can define for simplicity’s sake as legal barriers to entry or other market distortions created by the state that create excess profits for market incumbents.

Let us take one very simple example of such rents. The earnings of those who possess taxi medallions in cities where there’s an insufficient number issued. Until very recently one such medallion, allowing one single cab to operate on the streets of NYC 24/7, had a capital value of $1 million. That led to a rent, a pure economic rent, of $40,000 a year to allow one cab river to use that medallion for 12 hours of the day. and, obviously, another $40,000 to allow another to use it for another 12 hours a day.

That is purely a rent: and one created by New York City not issuing enough medallions to cover the demand for cab services. Uber has of course exploded into this market and the success of that company, along with its many competitors, shows how pervasive the creation of such rents by limiting taxi numbers has been in cities around the world. That is an obvious and very clear creation of a rent purely through bureaucratic action.

[…]

Deregulating the economy will remove many of those rents. This will reduce income inequality. So, why aren’t those who rail against income inequality shouting for deregulation? Good question and the only proper answers become increasingly cynical. Unions exist for the purpose of creating rents for their members. So, given the union participation in the Democratic Party we’re not going to see calls for deregulation from that side. And different groups, those car dealers perhaps, the doctors, have their hooks into the Republican Party too.

My own answer is that it needs to be done in the same manner that Reagan treated the tax code. Not that I’m particularly stating that Reagan’s tax changes were quite as wondrous as some now think they were, only that it all had to be approached on a Big Bang basis. Everything had to be on the table at the same time so that while there were indeed those who would defend their little corner the over riding interest of all was that all such little corners got eradicated. With this rent creation, given that so much of it is at State level, that won’t really work. Except for one idea that I’ve floated before.

September 24, 2015

Ontario takes baby steps toward liberalizing the beer market

Filed under: Bureaucracy, Business, Cancon, Politics — Tags: , , , , — Nicholas @ 05:00

At the Toronto Beer Blog, a less-than-enthused look at the latest changes to minimally change the just-barely-beyond-prohibition-era rules for selling beer in Ontario:

This has been a noisy day in the wonderful world of beer sales in Ontario. The Liberal government released the details of the new 195 page master agreement between The Beer Store, the Province (LCBO), and the new kids on the block, grocery stores.

Much of the information is what we heard when they announced it with the budget. Some more details have come out. If you read my thoughts in April, you will remember I was not happy. I’m still not.

The good from today’s news is there are some clear definitions of what constitutes a grocery store (10 000 sq/feet dedicated to groceries, not primarily identified as a pharmacy); that the 20% craft shelf space is for both grocery stores and The Beer Store, and that there cannot be a fee to get listed (though we all know how effectively the province enforces pay-to-play in bars around the province); and that they have some novel system to divide sales licenses between both huge chains and independent grocers.

The old news about shared shipping for smaller breweries and no volume limit for a second on-site retail location are accurate, and very good news.

But here’s the thing: This is just more Ontario political craziness.

This is to “level the field”, apparently for small brewers, who nobody would suggest get a fair shake in the current system.

But what could have been an actual leveling of the playing field, turned out to be more insanity and government control and meddling. And remember, I’m saying that as a sworn lefty nutjob, who generally thinks having controls and regulations is a good thing.

Remember, these are not the ravings of a far-right-wing free-enterprise-maniac … these are the regrets of a self-described “sworn lefty nutjob”:

A level playing field would be one where anybody could apply for a license to sell beer, and do it. A brewery can pick and choose who they sell to, as a retailer can choose who they do business with. Nobody would need to guarantee a percentage of shelf space, because the market would control what products were successful and got shelf space.

This isn’t a level playing field, it’s just a bunch of new rules to try to counter how horrible we’ve allowed our playing field to get. Yes, it will be more convenient for people who shop at one of the 450 stores that have a license. But the agreement still favours The Beer Store heavily (for instance, grocers are limited in the volume they can sell. They can exceed the limit, but then have to pay a fine to the LCBO who distribute it to, you guessed it, the breweries who own The Beer Store to offset their lost sales. Seriously).

September 23, 2015

In debt to the bank? Underwater on your mortgage? You might want to check the document carefully…

Filed under: Bureaucracy, Business, Law, USA — Tags: , , , , — Nicholas @ 04:00

At The Intercept, David Dayen says that there are a lot of sketchy documents that banks are hoping will stand up in court, but they might well be wrong:

A Seattle housing activist on Wednesday uploaded an explosive land-record audit that the local City Council had been sitting on, revealing its far-reaching conclusion: that all assignments of mortgages the auditors studied are void.

That makes any foreclosures in the city based on these documents illegal and unenforceable, and makes the King County recording offices where the documents are located a massive crime scene.

The problems stem from the Mortgage Electronic Registration Systems (MERS), an entity banks created so they could transfer mortgages privately, saving them billions of dollars in transfer fees to public recording offices. In Washington state, MERS’ practices were found illegal by the State Supreme Court in 2012. But MERS continued those practices with only cosmetic changes, the audit found.

That finding has national implications. Every state has its own mortgage laws, and some of the audit’s conclusions may not necessarily apply elsewhere. But it shows how MERS reacted to being caught defrauding the public by trying to sneak through foreclosures anyway. Combined with evidence in other parts of the country, like the failure to register out-of-state business trusts in Montana, it suggests that the mortgage industry has been inattentive to and dismissive of state foreclosure laws.

September 22, 2015

Volkswagen’s software DRM enabled the scam to fake emission data

Filed under: Business, Germany, Technology, USA — Tags: , , , , — Nicholas @ 04:00

At Boing Boing, Cory Doctorow points the finger of blame at VW’s DRM in their automobile software suite:

The EPA has accused Volkswagen of rigging its software to cheat the agency’s diesel emissions standards so that its cars could be on the road while spewing 40 times the legal limit for diesel emissions.

Volkswagen, like most auto manufacturers, uses digital rights management in its informatic systems. Under section 1201 of the Digital Millennium Copyright Act, it is a felony to tamper with that DRM, punishable by five years in prison and a $500,000 fine for a first offense. The company uses this legal regime to limit which mechanics can service its cars, ensuring that only “official” mechanics, who are bound by nondisclosure agreements — and covenants to only buy their parts from VW and not an aftermarket competitor — can effectively service their cars.

This year, the US Copyright Office held its triennial hearings into possible exceptions to this rule, and one petition asked it to grant an exemption for jailbreaking cars. The car manufacturers intervened to oppose this, but so did the EPA, fearing that drivers would modify their firmware in ways that increased emissions.

But by banning independent scrutiny of cars, the EPA and the Copyright Office have made possible for terrible, criminal frauds like this one to go undetected for long periods, turning cars into long-lived reservoirs of dirty secrets that can’t be reported without risking criminal sanction.

Jazz Shaw has more:

This isn’t a case of any sort of trick carburetor or jury rigged catalytic converter. The vehicle’s onboard computer could sense when it was hooked up to a diagnostics machine for an emissions test and would conveniently turn on all of its emission control features. (It’s being referred to as a “defeat device.”) Then, when the test was completed and it was unhooked from the computer it would simply shut them off again, boosting performance but also increasing emissions. You almost have to admire the sheer audacity assuming this is true. And given the initial responses from the company they don’t seem to be claiming that they didn’t do it.

[…]

So far Volkswagen seems to be taking the line of assuring everyone that they will work to recall the cars and “fix” them to eliminate this problem. It likely won’t bankrupt a company that size, but it’s one heck of an expensive piece of humble pie to eat. If they contest the fines and go to court, however, I’m wondering if they will actually lose. This was some mischief designed to short sheet the system no doubt, but would they have an out if the case goes before a judge? I was looking over some of the state level requirements for the testing of vehicles and the boundaries to be followed are rather bare bones at best. Each vehicle in the qualifying categories which was manufactured after 1996 has to be equipped with an On-Board Diagnostics Generation II (OBDII) system. The emissions portion of this is heavily tied into your annoying “check engine” light.

The way most of the regulations are written seems to indicate that the vehicle must have a functional system of this type which is accurately monitoring system performance and meets the maximum emissions requirements at the time of testing. Obviously the VW vehicles in question were doing just that. But cars today have all sorts of bells and whistles which drivers can use to customize their driving experience. They can switch from “performance” mode to “economy” mode with the push of a button. Things like that obviously affect the vehicle’s emissions. Other such options are available. And when you think about it, the “disable device” was really just putting the car into a different mode of operation which includes heavy emissions control. When it was disconnected and ready to head back out on the road it was switching back to a different mode with a bit more performance. None of that changes the fact that the emissions were within the required limits at the time of testing.

September 21, 2015

Greek businesses discover the receipt

Filed under: Business, Economics, Europe, Government, Greece — Tags: , , — Nicholas @ 04:00

Megan McArdle is in Athens, where she’s finding that Greek businesses have started handing out receipts for transactions that once would have been undocumented (the better to hide revenue from the taxman):

I was last in Greece in 2006, during the twilight years of the boom that peaked during the Athens Olympics. Back then, Greece was notable to Americans for its lack of receipts. This is convenient for the shoppers, who don’t have to hunt around for somewhere to toss yet another piece of unwanted paper. But it was also convenient for vendors who wanted to underpay the tax authorities.

The inability of the Greek government to collect the taxes it is owed is one of the recurring themes of coverage of the financial crisis. This problem is sometimes exaggerated, but everyone agrees that it’s very real. And since the burden of structural adjustment is falling on fiscal reforms — rather than, say, firing unproductive members of the vast government workforce — that’s a big problem.

Widespread evasion narrows the tax base, forcing the government to set higher rates. If the evasion were spread evenly across all sectors of the economy, then these two things would roughly cancel out. Unfortunately, it’s not. Some sorts of taxes are easier to evade than others. Employment taxes are hard to evade, while self-employed professionals like doctors and lawyers have found it relatively easy to shelter most of their incomes. As a result, the cost of employing a new staff worker is quite high (especially since those workers are incredibly difficult to fire). The value-added tax here is now 23 percent, close to the EU maximum rate. (Thank God for that maximum, joked one journalist I met; otherwise, who knows how high they’d have raised it.) That’s making up for taxes that aren’t collected elsewhere.

The good news is that Greece has at least made progress on collecting sales tax. They’re hardly at the level that our Internal Revenue Service would accept, but most of the places I’ve gone have automatically given me a receipt, printed out by a cash register. The taxi drivers mostly offer printed receipts. One did ask me how much he should make it out for. (Note to boss: I told him to make it out for the amount of the fare.) I’m told that on the islands, collection is less sure. But here in Athens, they are slowly but surely improving their collection apparatus.

Greece is attempting to do in the space of a few years what other economies did over the course of decades. Most people think of a cash register primarily as a way to add up the value of the sale, but in fact, that is the least of its functions. Its most attractive feature to the merchants who adopted them back in the late 19th century was that they made it harder for clerks to steal. (That’s why old registers made a noise every time the cash drawer opened; that prevented employees from stealthily recording sales and then pocketing the money, or alternatively, giving goods to their friends without being paid.) Over time, of course, revenue authorities realized that cash register tickers were also a good way to ensure that employers gave the state its due.

Xerox printer fail with extra-special DRM sauce

Filed under: Business, Technology — Tags: , — Nicholas @ 03:00

At Techdirt, Tim Cushing explains how Xerox is going the extra distance to extort even more money from their customers over toner ink:

Everyone likes buying stuff with a bunch of built-in restrictions, right? The things we “own” often remain the property of the manufacturers, at least in part. That’s the trade-off we never asked for — one pushed on us by everyone from movie studios to makers of high-end cat litter boxes and coffee brewers. DRM prevents backup copies. Proprietary packets brick functions until manufacturer-approved refills are in place.

Here’s another bit of ridiculousness, via Techdirt reader techflaws. German news outlet c’t Magazin is reporting that Xerox printers are going further than the normal restrictions we’ve become accustomed to. For years, printer companies have made sure users’ printers won’t run without every single slot being filled with approved cartridges. This includes such stupidity as disabling every function (including non-ink-related functions like scanning) in all-in-one printers until the printer is fed.

Xerox is going further. Not only do you need to refill the ink, but you have to fill it with local ink. techflaws paraphrases the paywalled, German-language article.

    Xerox uses region coding on their toner catridges AND locks the printer to the first type used. So if you use an NA (North America) cartridge you can’t use the cheaper DMO (Eastern Europe) anymore. The printer’s display does NOT show this, nor does the hotline know about it. When c’t reached out to Xerox, the marketing drone claimed, this was done to serve the customer better, I kid you not.

Ah, the old “serve the customer better by limiting his/her options,” as seen everywhere DRM/DRM-esque restrictions are applied.

[…]

Nearly every major printer manufacturer is in on the scam. HP saw an opportunity to increase incremental sales and staked out this territory in 2004. This brave new world of customer-screwing was followed by Lexmark, Canon, Epson and Xerox — none of which saw anything wrong with illogically restricting ink cartridges to certain regions.

Region coding for DVDs and videogames makes a certain amount of sense, provided you’re willing to make a small logic buy-in on windowed releases. But ink? It’s not like Australians need to wait six weeks for HP to cut loose ink cartridges so as not to sabotage the US release. The only reason to do this is to tie paying customers into the most expensive ink and toner. This lock-in is cemented by many printers’ refusal to recognize third-party replacement cartridges and/or allow refills of existing manufacturer cartridges.

The excuses made for this mercenary behavior would be hilarious if they weren’t so transparently dismissive of customers. Every flowery ode to customers’ best interests by PR flacks boils down to nothing more than, “Fuck ’em. It’s not like they have a choice.”

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