Special Interest Group on CRAP

Thoughts by Kevin McCurley
Not affiliated with ACM. They have their own crap.

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Entries Tagged as 'Economics'

Two months without chocolate?

July 24th, 2010 ·

I saw a story today on the New York Times about a hedge fund manager who has cornered the cocoa market and how chocolate prices are likely to rise. I can’t think of a better reason to develop a taste for other flavors. It’s another reminder that wall street is essentially just a casino. I’m [...]

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Tags: Economics · Rants

Investing is dead

June 6th, 2010 ·

A couple of weeks ago I had dinner with some friends, two of whom work in the “financial services” industry. Another friend made a comment that I think is very accurate when he said that “Investing is dead – there is only trading” (I may be paraphrasing). This pretty much summarizes my attitudes about the [...]

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Tags: Economics

Stock markets are a Ponzi scheme

April 16th, 2010 ·

Like many small investors, I have recently started thinking of the stock market as nothing more than a Ponzi scheme in which companies and financial services companies conspire to print lottery tickets. Many of us have mostly sat on the sidelines while the DOW went from 7,000 to 11,000, while financial services companies who received [...]

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Tags: Economics · Politics · Rants

The annual tax torture

April 4th, 2010 ·

Every year when I fill out my taxes, I am amazed at how screwed up our taxation system is. If you are an average wage earner, perhaps with a mortgage, then you end up with a really simple procedure for filing your taxes. If you have a business (sole proprietorship, partnership, etc) or if you [...]

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Tags: Economics · Politics · Rants

The chaos of data on telephony networks

December 12th, 2009 ·

Just think if the Internet had been designed by the telephone companies: We would have four different internets, with gateways that restricted what could flow through them. You would have to buy your computer from your ISP, and you couldn’t switch ISPs and keep the same computer unless the remainder when you divided the MAC [...]

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Tags: Economics · Rants · The internet · Uncategorized

Experience with health care cost control

October 2nd, 2009 ·

A few years ago, my daughter became suddenly ill with abdominal pain and I had to take her to a doctor. I have relatively good health insurance through my employer (since I’m American that is my only viable option). The rules of the plan were: Go to primary care physician If primary care physician refers [...]

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Tags: Economics

Even more spam from scientific publishers

August 12th, 2009 ·

Today I got another spam from ACM, plus a spam from “World Scientific Publishing” that tries to look like they are acting on behalf of Purdue University. I have appended the one from World Scientific Publishers in the hopes that it will shame them into avoiding spam in the future. Why would Purdue University consent [...]

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Tags: Economics · Rants · Research

United frequent flyer scam

August 1st, 2009 ·

Has anyone else noticed how the airlines have steadily devalued frequent flyer miles over the years? I just cashed in some miles to fly to Boston on United, and after much hassle with an arcane web site, managed to secure some economy seats. United has something called “Economy Plus”, but in reality, they created a [...]

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Tags: Amusements · Economics · Rants

MORE spam from Cambridge University Press

July 10th, 2009 ·

I got another spam from Cambridge University Press today. Apparently this is their new strategy for success as a tree-murdering paper publisher. They provide an opt-out link at the bottom: http://listserv.cup.org/t/49324/239073/2681/0/ which obviously contains campaign information in it, but apparently they were too incompetent to encode my email address in there because the form asks [...]

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Tags: Economics · Rants · The internet

Spam from Cambridge University Press

July 9th, 2009 ·

Today I received spam from Cambridge University Press, using an email address that I used to register for the ACM Electronic Commerce Conference in 2006. It appears that even supposedly reputable organizations cannot resist the temptation to send spam.

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Tags: Economics · Rants · Research