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The Deadweight Loss of Christmas

December 28, 2013

Since Christmas gifts are typically mismatched with the recipients’ preferences, the gift will leave the recipient worse off than if they had made their own consumption choice with an equal amount of cash. For this reason, holiday gift-giving destroys between 10 percent and a third of the value of gifts.

If the results are generalized, a waste of one dollar in ten represents a huge aggregate loss to society. It suggests that in America, where givers spend over $50 billion on Christmas gifts, $5 billion is being lost annually in the process of gift-giving. Add in birthdays, weddings and non-Christian occasions, and the figure would balloon.

From Joel Waldfogel 's 1993 research paper 'The Deadweight Loss of Christmas' which was published in the American Economic Review

In Money
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The Man vs. Horse Marathon

April 28, 2013

The Man vs. Horse Marathon is an annual race over 22 miles (35 km), where runners compete against riders on horseback. The race takes place in the Welsh town of Llanwrtyd Wells every June and takes competitors through some of the countryside’s most picturesque scenery via farm tracks, footpaths and open moorland.

The event started in 1980, when local landlord Gordon Green overheard a discussion between two men in his pub. One man suggested that over a significant distance across country, man was equal to any horse. Green decided that the challenge should be tested in full public view, and organized the first event.

Humans have only won the race twice in 30 years, but top runners usually only finish 10 minutes after the animals (around 2:20 hours). What horses gain in oxygen efficiency and muscle mass, humans make up for in temperature regulation. In the beginning of the race the horses tend to have a 30 minute lead, but toward the end, that advantaged is cut to a couple of minutes. Over the course of the race, humans are more efficient at expelling heat—not to mention they aren’t running with a rider on their back. 

In Humanity, Nature
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A Concise Summary of Walden

March 28, 2013

Walden is an American book written by Henry David Thoreau. The work is part personal declaration of independence, social experiment, voyage of spiritual discovery, and manual for self-reliance.  Published in 1854, it details Thoreau’s experiences over the course of two years in a cabin he built near Walden Pond, amidst woodland owned by his friend and mentor Ralph Waldo Emerson, near Concord, Massachusetts.

Thoreau did not intend to live as a hermit, for he received visitors regularly, and returned their visits. Rather, he hoped to isolate himself from society to gain a more objective understanding of it. Simple living and self-sufficiency were Thoreau’s other goals, and the whole project was inspired by transcendentalist philosophy, a central theme of the American Romantic Period.

Economy: In this first and longest chapter, Thoreau outlines his project: a two-year and two-month stay at a cozy, “tightly shingled and plastered,” English-style 10’ x 15’ cottage in the woods near Walden Pond. He does this, he says, to illustrate the spiritual benefits of a simplified lifestyle. He easily supplies the four necessities of life (food, shelter, clothing, and fuel) with the help of family and friends, particularly his mother, his best friend, and Mr. and Mrs. Ralph Waldo Emerson. 

Where I Lived, and What I Lived For: After playing with the idea of buying a farm, Thoreau describes his house’s location. Then he explains that he took up his abode at Walden Woods so as to “live deliberately, to front only the essential facts of life, and see if I could not learn what it had to teach, and not, when I came to die, discover that I had not lived.” Although he criticizes the dedication of his neighbors to working, he himself is quite busy at Walden — building and maintaining his house, raising thousands of bean plants and other vegetables, making bread, clearing land, chopping wood, making repairs for the Emersons, going into town, and writing every day. His time at Walden was his most productive as a writer.

Reading: Thoreau discusses the benefits of classical literature (preferably in the original Greek or Latin), and bemoans the lack of sophistication in Concord, evident in the popularity of unsophisticated literature. He also loved to read books by world travelers. He yearns for a utopian time when each New England village supports “wise men” to educate and thereby ennoble the population.

Sounds: Thoreau opens this chapter by warning against relying too much on literature as a means of transcendence. Instead, one should experience life for oneself. Thus, after describing his house’s beautiful natural surroundings and his casual housekeeping habits, Thoreau goes on to criticize the train whistle that interrupts his reverie. To him, the railroad symbolizes the destruction of the pastoral way of life. Following is a description of the sounds audible from his cabin: the church bells ringing, carriages rattling and rumbling, cows lowing, whip-poor-wills singing, owls hooting, frogs croaking, and cockerels crowing.

Solitude: Thoreau rhapsodizes about the beneficial effects of living solitary and close to nature. He claims to love being alone, saying “I never found the companion that was so companionable as solitude.”

Visitors: Thoreau writes about the visitors to his house. Among the 25 or 30 visitors is a young French-Canadian woodchopper, Alec Therien, whom Thoreau idealizes as approaching the ideal man, and a runaway slave, whom Thoreau helps on his journey to freedom in Canada.

The Bean-Field: Thoreau relates his efforts to cultivate 2.5 acres (10,000 m2) of beans. He plants in June and spends his summer mornings weeding the field with a hoe. He sells most of the crop, and his small profit of $8.71 covers his needs that were not provided by friends and family.

The Village: Thoreau visits the small town of Concord every day or two to hear the news, which he finds “as refreshing in its way as the rustle of the leaves.” Nevertheless, he fondly but rather contemptuously compares Concord to a gopher colony. In late summer, he is arrested for refusing to pay federal taxes, but is released the next day. He explains that he refuses to pay taxes to a government that supports slavery.

The Ponds: In autumn, Thoreau discusses the countryside and writes down his observations about the geography of Walden Pond and its neighbors: Flint’s Pond (or Sandy Pond), White Pond, and Goose Pond. Although Flint’s is the largest, Thoreau’s favorites are Walden and White ponds, which he says are lovelier than diamonds.

Baker Farm: While on an afternoon ramble in the woods, Thoreau gets caught in a rainstorm and takes shelter in the dirty, dismal hut of John Field, a penniless but hard-working Irish farmhand, and his wife and children. Thoreau urges Field to live a simple but independent and fulfilling life in the woods, thereby freeing himself of employers and creditors. But the Irishman won’t give up his aspirations of luxury and the quest for the American dream.

Higher Laws: Thoreau discusses whether hunting wild animals and eating meat is good. He concludes that the primitive, animal side of humans drives them to kill and eat animals, and that a person who transcends this propensity is superior to those who don’t. (Thoreau eats fish and occasionally salt pork and woodchuck.)In addition to vegetarianism, he lauds chastity, work, and teetotalism. He also recognizes that Indians need to hunt and kill moose for survival in “The Maine Woods,” and ate moose on a trip to Maine while he was living at Walden. 

Brute Neighbors: Thoreau briefly discusses the many wild animals that are his neighbors at Walden. A description of the nesting habits of partridges is followed by a fascinating account of a massive battle between red and black ants. Three of the combatants he takes into his cabin and examines under a microscope as the black ant kills the two smaller red ones. Later, Thoreau takes his boat and tries to follow a teasing loon about the pond. He also collects animal specimens and ships them to Harvard College for study.

House-Warming: After picking November berries in the woods, Thoreau adds a chimney, and finally plasters the walls of his sturdy house to stave off the cold of the oncoming winter. He also lays in a good supply of firewood, and expresses affection for wood and fire.

Former Inhabitants; and Winter Visitors: Thoreau relates the stories of people who formerly lived in the vicinity of Walden Pond. Then he talks about a few of the visitors he receives during the winter: a farmer, a woodchopper, and his best friend, the poet Ellery Channing.

Winter Animals: Thoreau amuses himself by watching wildlife during the winter. He relates his observations of owls, hares, red squirrels, mice, and various birds as they hunt, sing, and eat the scraps and corn he put out for them. He also describes a fox hunt that passes by.

The Pond in Winter: Thoreau describes Walden Pond as it appears during the winter. He claims to have sounded its depths and located an underground outlet. Then he recounts how 100 laborers came to cut great blocks of ice from the pond, with the ice to be shipped to the Carolinas.

Spring: As spring arrives, Walden and the other ponds melt with stentorian thundering and rumbling. Thoreau enjoys watching the thaw, and grows ecstatic as he witnesses the green rebirth of nature. He watches the geese winging their way north, and a hawk playing by itself in the sky. As nature is reborn, the narrator implies, so is he. He departs Walden on September 6, 1847.

Conclusion: This final chapter is more passionate and urgent than its predecessors. In it, he criticizes conformity: “If a man does not keep pace with his companions, perhaps it is because he hears a different drummer. Let him step to the music which he hears, however measured or far away.” By doing so, men may find happiness and self-fulfillment.

In Money, Humanity, Writing, Nature
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One Part Black, 127 Parts White

February 19, 2013

In Haiti in the eighteenth century there existed a classification of physical types based on the notion that each individual was divisible into no less than 128 separate parts (rather like genes):

Thus a blanc (white) had 128 parts white, a nègre (Negro) 128 parts black, and the offspring a mulâtre (mulatto) 64 parts white and 64 parts black. The full list of classifications includes:

  • Nègre (0 parts white)
  • Sacatra (8 to 23 parts white)
  • Griffe (24 to 39 parts white)
  • Marabou (40 to 48)
  • Mulâtre (49 to 70)
  • Quateron (71 to 100)
  • Metif (101 to 112)
  • Marmelouque (113 to 120)
  • Quateronné (121 to 124) 
  • Sang-mêlé (125 to 127)
  • Blanc (128 parts white)

From Peter Worsley, The Three Worlds: Culture and World Development, 1984

In History, Humanity
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Alaska and Hawaii are the Least Hot States

January 16, 2013

There are many different ways to measure weather. One of the most curious methods is by measuring the highest temperature recorded and ignoring averages. If you use this method to rank US states from hottest to coldest California is number one with a recorded high of 135°F (58.8°C). Arizona and Nevada follow close behind with records of 128°F and 125°F respectively. After the top three, things get much less predictable. North Dakota (5th) has been hotter than Texas (7th) and Minnesota (21st) has been hotter than Florida (40th). So what state is at the bottom? Amazingly, Alaska and Hawaii are tied for the lowest recorded high, as neither state has ever been warmer than 100°F. 

 

In Geography, Nature, Numbers

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