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Today's threads (a thread)

Inside: The airlines were patient zero in the junk-fee plague; and more!

Archived at: https://pluralistic.net/2024/06/07/drip-drip-drip/

#Pluralistic

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A grocery display of junk food. At its base is a pile of wrapped $100 bills.


Image:
Flying Logos (modified)
https://commons.wikimedia.org/wiki/File:Over_$1,000,000_dollars_in_USD_$100_bill_stacks.png

CC BY-SA 4.0
https://creativecommons.org/licenses/by-sa/4.0/deed.en
This weekend (June 7–9), I'm in Amherst, New York to keynote the 25th Annual Media Ecology Association Convention and accept the Neil Postman Award for Career Achievement in Public Intellectual Activity:

https://media-ecology.org/convention

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Ah, but were they supposed to do, when the ugly politicians exposed them to brutal competition? Either live without profits or be honest about the prices they want to offer, which would not be competitive with the guys who used the fees-trick to lower the official price (even if the effective price paid by the consumer might end up higher).

It's the “let's break it down to one number” simplification that humans love. As if the GHz of the CPU tells you how fast a PC is.
not sure if it is a thing in the US but many restaurants in Ireland charge "corkage" if you byob.
„Sorenson has one of those billiard-ball smooth brains characteristic of neoclassical economics zombies who insist that monopolies are simultaneously beneficial and impossible.“

This part really shows how important it is to question models. Under ideal market conditions monopolies could not happen, as cooperation could never be ensured and it would always pay to underbid competitors. So it can be seen as a prisoners dilemma. 1/n

Cory Doctorowudostępnił to.