Showing posts tagged economics
We want to free ships within a short period of time instead of keeping them for a long time and incurring more expenses in guarding them. We have to free them at a lower ransom so that we can hijack more ships.
The difference isn’t over the taxes owed, but over who should be sending them to the state. You might not know this, but if you buy something that’s taxable in Texas, you owe the taxes whether the seller collects them from you or not. That’s true for over-the-counter sales, mail-order sales or online sales. It’s called the use tax, and it’s the state’s levy on purchases from companies that don’t have a physical presence, or “nexus,” in Texas.
[Stores] should make a single line feed multiple cashiers. For three cashiers its about three times faster than having a line for each cashier. Here’s why: In the single line/single cashier set-up any delay - like a price check - stops the line completely. In contrast when a line feeds to multiple cashiers it’s likely that only one of the three customers in front of you will have a delay - because recall that in Erlang’s model delays and events are distributed randomly - and that means a register will likely be open.
As I mention in the video, what’s really interesting is that this locksmith was penalized for getting better at his profession.
What bothers me is not that the kids are kept in prisons, but that (a) they aren’t told about it, and (b) the prisons are run mostly by the inmates. Kids are sent off to spend six years memorizing meaningless facts in a world ruled by a caste of giants who run after an oblong brown ball, as if this were the most natural thing in the world. And if they balk at this surreal cocktail, they’re called misfits.