The Girl with the Broken Pen

Entries categorized as ‘economics’

kEwL!!!1!

August 13, 2007 · 2 Comments

I used to be a writer; these days I’m just a thinker.

I say this not to complain, but by way of explaination.

I no longer felt driven to a keyboard when moodiness or happiness strikes. Instead, I open a magazine or a book, pick up the phone or open a door, watch tv or go for a walk.

 I do things.

____

I’m looking forward to a boring semester. My classes are Personal Health, Physical Geography, College Algebra, Psychology, and Physics.

Lots of P’s, no E’s. I’m going to miss my skate-by Economics courses. With Economics, once you have a very solid foundation in the basics, you just can’t fail. Everything you need to know, you learn in Intro to Macro and Intro to Micro.

The rest of the stuff, with higher class numbers, is simply more interesting, not more difficult.

Ah, I am quite the snob, aren’t I?

____

Perhaps boring was not the correct word. I’m going to be very tired. Twice a week, I will work a closing shift and then have 8 am classes. Luckily for me, because I have Physics on Monday and Wednesday nights, this will not happen twice in a row. My rough patch will be Thursday/Friday, but I will get to sleep in Saturday.

Somehow, these things always work out for me. I really will pull off 40 hours of work and 5 classes, with relative ease and a little discipline. I don’t know about keeping my 3.9, but I will try like hell.

____

Talked to Eric tonight. Sadly, he and Krystal will not be making it to the Glenn Beck Convention this weekend.

But I will be!

I know it will be fun. Last time I saw Glenn live, it was a smashing good time.

I am ambivalent about meeting him, though. I have this thing about celebrities. To me, they are just people. And if I don’t have anything in common with them, what do I say? I hate the notion of being all gaga, and “OMG!!!111!!!! UR so KeWl!!!!”

 But NYC for a day?

 OMG!!!111!!!! so KeWl!!!11!!!one!1!!!!

Categories: economics · just sayin' · mishaps · writing

Getting My Geek On

April 28, 2007 · Leave a Comment

I know I’ve been absent, but that’s only because it’s almost May–which means crunch time.

I’ve got papers and problem sets, and just plain problems. But the Undergrad Conference is behind me. I don’t know how to explain to you how incredible it is to talk economics with people my own age and feel a little out of my depth.

It’s wonderful. It pushes me onward. Not that I was that outclassed. I was an expert on my own paper. It was such a rush to explain what I did and why, and what I thought were the interesting underlying questions.

To keep my inner geek happy, I just bought a book on Game Theory and a book called The Wisdom of Crowds.

My inner geek is sleepy now.

Categories: Books · economics · just sayin'

I Know…

April 11, 2007 · Leave a Comment

… that you’re all jealous of my mad Paint skillz.

Photo Sharing and Video Hosting at Photobucket

Categories: economics · just sayin'

Lasciate ogne speranza, voi ch’intrate

March 17, 2007 · 2 Comments

“…so full was I of slumber at that point where I abandoned the true way.”

I shlepped up the stairs almost an hour and a half ago, sending the boy on his way, insisting I was so tired I would collapse on the bed and sleep the dreamless sleep that only the truly exhausted enjoy.

But the writer in me needs to unwind.

This blog is the only place in my life where I ever talk about, or even think about, myself as a writer.  What has brought me to this place, where I am suddenly the sum of my paycheck and my gpa?

I don’t read for fun anymore. I don’t write for the enjoyment, and I don’t worship for the ecstasy anymore.

Life is just one long checklist of things to do, people to please, and phone calls to make. That’s why I haven’t called you back in days, weeks, or even months–I am completely exhausted. Phone calls take emotional energy, as well as physical, and my well is just empty.

Even studying has lost its luster.

You know, I love econ, and I’m a geek through and through. I understand it with such clarity, and it all fits together for me, but damn it, I’m not a social scientist.

I’m a humanities person. If I were male, I’d wear tweed jackets and horn-rimmed glasses, smoke a pipe of high end tobacco, while sitting at a big oak desk, surrounded by shelves upon shelves of books.

I liked Adam Smith better when he was a Scottish philosopher instead of a classical economist; when his name was connected with Hume and Bentham and Mill, instead of John Maynard Keynes.

This will always be the battle between my mind and my heart, and being the person that I am, I will do the practical thing. I’ll sacrifice my love for my livelyhood, trading what I long to do for what I should do.

I’m much too young to feel trapped by my choices.

And yet I do.

Categories: Building Zion · Mormon Life · Spiritual · economics · mishaps

Feel Free to Ignore This Post

December 19, 2006 · 2 Comments

::Gratuitous Celebratory Geekdom Post::

Two grades out of four are in and… drumroll please…

Intermediate Macro: 379/400 = 94.75 = A

English Comp 2: 90.9 = A (I don’t know if this going to end up being an A-, because that’s what a 90.9 really is, but she listed A as the letter grade on Blackboard. Maybe it’s scaled.)

I’m thinking A or A- or B+ in Money and Banking. It’s too close to call. Depends what I got on the project and the take home final.

Probably an A- or a B+ in Econometrics, depending on what I got on the paper and how I do on tomorrow’s final.

So, the 3.9 might live on for another semester and I just may apply to grad school.

And just as an aside, the two classes I desperately want A’s in (and think I deserve, given the amount of effort) are probably the two I won’t get A’s in. I so don’t deserve an A in neither Macro nor English Comp, but I am not looking a gift horse in the mouth.

In less celebratory news, tomorrow is the last new Glenn Beck show of the year.

Merry Frickin’ Winter!

[update: I managed the 4.0. I get a 4.0 to hide the pain.]

Categories: bio · economics · mishaps

Super Procrastinator

December 18, 2006 · Leave a Comment

It’s 11:03. I should be working on a take home final that I was given a week ago. It is due in the morning, as is the FOMC project that was assigned the very first day of the semester.

I’ve got plenty of time. Eight hours until I have to awake and shower and give this presentation. So, why am I blogging instead of doing much needed studying?

Because this is who I am; this is what I do. I upload all of my hopes and dreams and fears and anxieties and then take care of the task at hand.

I’m glad I handed off my copy of Glenn Beck’s book to Eric when he left. I was doing myself a kindness more than I was him. If the book were here, I’d be reading it, and that would take longer than watching the Dexter season finale and then blogging my cares away.

I’m not sure that I can impart to you how very tired I am, in body, mind and spirit. The bishop of the ward I was visiting today told a story that was touching, but not overly so, and I felt the tears fall. Not lopping tears, but not baby ones, either.

All the emotions are so close to the surface and this is not how I operate. Feelings are best burried deep down where they are not easily found, seen, or heard.

Or read.

Now, about the Taylor Rule…

Categories: bio · economics · mishaps

If My Paper Were a Book…

December 10, 2006 · 1 Comment

Amazon might list one of my SIPs as “Presidential Dummy Variable.”

Categories: economics · mishaps

How Firm a Foundation?

October 30, 2006 · 1 Comment

Jen and I went hiking in Purgatory Chasm yesterday. It may sound like hell, but it was actually pretty fun. I think I’m going to make it my Sunday morning habit. Celebrate the Sabbath in Purgatory. Just the right amount of irony.

So, we’re sitting there, freezing, having lunch at a weathered picnic table, and I say, “Why do you think they named it Purgatory Chasm?”

Jen says, “Well, Massachusetts was founded by a bunch of superstitious Puritans. They probably looked down this deep hole in the ground and thought it went half way to Hell.”

I love Jen.

 ****

It’s been another trying week. I told Pris yesterday that life is just a blur right now, and that is the perfect way to describe it. Trying to work 65 hours a week and go to school has caught up with me. I took a day off from Wendy’s this week, but then wound up working almost 14 hours on Thursday and then going in for a lunch shift on what was my normal day off. Needless to say, I didn’t get much done.

 So, I spent last night at Shell trying to play catch up, but my mind was sluggish and the material was more challenging than I’ve been used to. I have gotten pretty complacent and I’ve mistaken ease for infallibility. I just really don’t understand T-accounting, and it’s frustrating to bang my head against something repeatedly and still not understand it.

 I’m supposed to be smart, damn it.

****

But the weariness is getting to me. I’m losing sight of my goals and I’m *this* close to just saying screw it and just coast for the rest of the semester.

I’m avoiding the GREs, though I need to take them sooner rather than later. I need to make my short list of programs. Do I want to stay here? Go south? Venture west?

Do I want an orthodox program? If so, I really need to hit the math books. I need at least two Calcs and a Linear Algebra, which makes me wish I had just minored in math. Especially since I am leaning towards Econometrics.

Who ever thought the Christian Studies and Philosophy major would end up a stats geek?

Categories: economics · mishaps

Slap Dash

October 12, 2006 · 3 Comments

So, Linds and I got into some kind of argument, as we are wont to do. I was probably right.

In a moment of frustration, she attempts to insult me. What does she say in her meager attempt?

“Market Economist!”

To which I reply, with equally insulting intention, “Keynesian-influenced Marxist!”

Oh, we are just so cool it hurts.

_______________________

 

Walking through downtown with Tim and Morgan, I tell Tim about a book he really should read, because he’d love it.

“Is that the one by the guy from Killing the Buddha?”

Blank stare. “You know about KtB? How long have you known about it?”

“A while now.”

“And you never told me about it? Did you not think I’d like it?”

“Killing the Buddha is like a religious experience. Each must find it in his own way.”

Jackass. My way could have been through YOU. And I say jackass with all possible affection.

 _______________________

 

Talking to Lindsey after a tough day at Wendy’s, making sandwiches for what seemed to be all of New England.

“You know, it’s really humbling to realise you can’t be good at everything.”

“You don’t realise it now, but you sound like a complete jerk by saying that.”

I’m puzzled. “But I just said I know I can’t be good at everything.”

“Yeah, and it took you till you were 24 to realise it?”

“Good point.”

In fairness to myself, I know that I’m not good at a lot of things, but it still escapes me on a regular basis as to why I can’t be good at everything. I really think that hard work and determination should mean that if I try enough, I can be good at everything. Sadly, this has not proven to be the case.

_______________________

 

The other night I couldn’t sleep, so I went on a long walk.

As it turns out, I live in an area teeming with religiosity.

In walking distance of my apartment are an Orthodox synagouge, a Society of Friends Meetinghouse, and Episcopalian, Catholic, Pentecostal, and Baptist churches.

How cool is that?

Categories: Books · Spiritual · bio · economics · mishaps

Just Getting By in America

October 3, 2006 · Leave a Comment

I do have to admit writing this paper made me feel a little dirty inside.

The recent controversy about illegal immigrants covered a wide range of issues, but when I read the newspapers, watched the news, or listened to talk radio, I heard one theme that repeated itself again and again: jobs. Americans seemed most concerned about the loss of what they deemed “their jobs” to those who were living on American soil illegally.

What struck me most is that the jobs held by illegal aliens are typically the kind that Barbara Ehrenriech writes about in her book, Nickel and Dimed: On (Not) Getting By in America. Most work the jobs that are lowest paying, often physically demanding, with little, if any benefits—the types of jobs that most Americans say they would not want to work themselves. So, why is there so much societal anger over immigrants taking these jobs?

I submit that the reason is simple. These so-called undesirable jobs serve an important function in our economy, as evidenced by the circumstances of Ehrenriech’s Merry Maids co-workers, and given that they are willing to work a difficult job for so little pay. Ehrenriech writes,

 

“While I wait in the inner room, where the phone is and Tammy has her desk, to be issued a uniform, I hear her tell a potential customer on the phone that The Maids charges $25 per person-hour. The company gets $25 and we get $6.65 for each hour we work? I think I must have misheard, but a few minutes later I hear her say the same thing to another inquirer” (Mulvaney 418).

When I first read Nickel and Dimed a few years back, I felt the same incredulousness that Ehrenreich conveys in the above passage. I thought that the company was exploitative and that the low wage rate was a gross injustice. But three years and a handful of economics courses later, my mind has changed. While I still feel a bit uncomfortable with the low wage and feel that the employer is exploitative to a degree, I understand more about why. I understand that the market dictates both the wage the employer pays and the rate he charges his customers.

The author goes on to say, “[T]he only advantage of working here as opposed to freelancing is that you don’t need a clientele or even a car. You can arrive straight from welfare or, in my case, the bus station—fresh off the boat” (Mulvaney 418). She says ‘only’, as if this were a small obstacle to be overcome, but this factor is the key to why the wage is only $6.65 an hour, as opposed to $15. A freelancing maid is thought to have human capital that these others lack. She has at least a car, as well as the social capital to secure a clientele. She knows people, how to talk to them, and has the business acumen to run her own single person company.

The typical Merry Maid is just as Ehrenreich describes—just off welfare or the boat, without a car and without many choices. In short, she is a low skilled, or no skilled, worker. If she quits, she is likely to get another job with about the same pay rate; she simply does not have the skill set to get a higher paying job. And when she does quit, her employer can easily replace her with another willing to take $6.65 an hour. He has no economic incentive to pay his workers a higher wage. In fact, he has an economic disincentive to do so. If he pays his employees more, he simply loses profits, for nothing in return. He is not going to get a higher quality worker. As the passage tells us, there really is no skill or quality involved in the job, The aim is to simply make things look good, with the least possible work done. That is not to say that the employees don’t work hard. The problem is that most anybody can do it.

Furthermore, if the employer were to pay his employees more, he would probably cut his workforce down in order to make up for the loss of profits. While the wage increase would benefit those who were not laid off, it would do far more damage to those who were. Those who lost their jobs would prefer $6.65 an hour to nothing at all, which is why they are willing to work in the first place.

Much has been said by sociologists like Ehrenreich about the injustice of working so hard for so little. And while I sympathize with the hard life facing those who work these low paying jobs, I know that those same jobs fill a real need. Paying higher wages may seem like the easy solution, but that is the problem. It seems so easy, but it would hurt those it aims to protect most.

Categories: economics