Economics

Tax Simplification

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Bryan suggests:

If Congress wanted to simplify the tax code all they would have to do is eliminate all deductions other than the standard deduction and the individual deduction. The whole tax form would look like the 1040EZ. They don’t want to do that because they gain power by having people pay them to include special deductions.

Or provide special subsidies, etc.
That the congress critters and their state level ilk have not done this already, as a first step, is a perfectly good reason to fire them all.

Thumbprint Privacy

This entry was posted in Business US Capitalism Economics Information Privacy on by

I wonder how many customers have read the privacy policy of the tanning salons that require a thumb print before selling you a tan? Probably not many. Or perhaps folks that frequent tanning salons don’t care about privacy, potential identity theft, or their thumbprint potentially ending up in a Choicepoint, hacker, or doj database.
The evidence, sadly, points to the latter: if folks cared then these businesses would either be closed or would have already revised their POS systems.
Via Politech.

Pharmaceutical Industry Question

This entry was posted in Economics Health Care Marketing on by

Even though its growth rate has declined from the hot 18% of 2001 to 10% the pharaceutical industry still had a pretty darn good year in 2004:

in 2004 the U.S. pharmaceutical industry reached the quarter trillion dollar mark for the first time, with $251 billion in product sales

I suspect the industry would prefer the 18% growth rate but there are some pressures holding them back:

According to NDCHealth, four factors have contributed to the overall pharmaceutical market growth decline: generic erosion; safety issues and product withdrawals; increased consumer switching to over-the- counter (OTC) medications and a lack of new blockbuster drugs.

On the other hand market penetration for some drugs appears significant:

-Among all patients receiving a drug in 2004, 10% were on Pfizer’s Zithromax

Murder in the Nest

This entry was posted in Biology Culture Economics Environment Psychology on by

Things are a bit cuckoo in this part of birdland:

Cuckoos live what seem to be lives full of deception and murder. As adults, they lay their eggs in the nests of other birds. (Why raise your own chick, when you can dupe others into doing the work for you?)
Cuckoos typically hatch only one offspring at a time. And when they do, the interlopers promptly push the other eggs out of the nest, killing the host birds’ true offspring.
For the newborn cuckoo, masquerading as multiple chicks can be difficult, especially when the lone, giant nestling replaces the usual clamoring brood.

Do any human analogues to this behavior come to mind?

Boycott Ending?

This entry was posted in Business US Capitalism Economics Libertarianism Marketing Music Talk Radio on by

Maybe.
I’ve have successfully avoided any Clear Channel operated music venues for, well, since clear channel entered the concert promotion business and still enjoyed a lot of good music.
Now comes this possible good news:

Clear Channel Communications, the world’s largest radio broadcaster, will spin off its live-entertainment unit…

This, of course, wouldn’t have anything to do with:

Get ready to hear music to your ears: Concert ticket prices are about to come down.
Paul McCartney, Bruce Springsteen, the Rolling Stones and Coldplay are set to go on tour — but the real news for music fans is an expected drop of as much as 30 percent on some tickets, concert experts said.
Clear Channel Entertainment, the world’s largest concert promoter, is leading the way, cutting the prices for its lawn seats.
The show-biz giant is considering running a big ad campaign with the tag line “Music Sounds Better on Grass,” sources said.
No-frills seats at Clear Channel venues that used to go for as much as $40 will now cost $20. On top of that, Clear Channel is ditching the $4 facility fee it used to charge, all in an effort to lure back sticker-shocked music lovers.

Or, this:

Clear Channel thought its combination of assets would create a powerful, across-the-board platform for advertising sales on its billboards, at concert and sports venues and on its 1,200 radio stations.
Instead, the combination irked music fans, record labels and artists, who complained that Clear Channel used its might to punish artists who didn’t play by its rules and contributed to the sharp rise in ticket prices at venues it controls.

Final decision on the boycott to come after the spin-off happens and I’ve evaluated the new ownership structure.
Via Eschaton.