Surge Pricing Comes To The Restaurant Industry

An elite London restaurant is experimenting with surge pricing wrote Richard Vines: The Bob Bob Rica

People Are Using Ubers Instead Of Ambulances

Brad Jones wrote about an unexpected healthcare cost reduction method: Getting into an ambulance can

Why Have A President When You Can Have A Monarch?

Leslie Wayne wrote about today’s monarchists: The International Monarchist League argues that

 

Why Hotels Have Ice Machines

August 21, 2015 in Daily Bulletin

Go to any hotel in the United States and there’ll be prominent signs directing you to the ice machine where guests can go and get their own ice. It’s actually a little weird if you think about it. Heather Schwedel looked into it:

  • Ice machines came about in the 1890s and hotels were the first to adopt them so that they didn’t have to rely on ice miners who brought down ice from cold mountains.
  • As they were expensive customers were expected to pay for the privilege of getting ice…even decades later, when ice machines became commonplace and affordable.
  • However the founder of Holiday Inn found all the upcharges at hotels irritating so when he launched his own chain he made free ice a feature.
  • As he strongly believed in franchising – the idea that no matter where a customer is they get the same experience if they walk into a Holiday Inn property – soon all buildings belonging to the hotel chain had free ice machines.
  • This set customer expectations and competitors were quickly forced to adapt the practice.

Read more about the history of hotel ice, and the icy forehead head massages you used to be able to get back in the day over here.

Source: Slate

Countries Can Time Travel

August 20, 2015 in Daily Bulletin

The Economist took a look at countries that attempt to mess with the time-space continuum:

  • North Korea has decided to go back in time. A few days ago it turned its clocks back an hour to establish a new time zone for itself.
  • The insular country probably thinks the unique time zone is a metaphor for the country’s exceptionalism.
  • The rest of the world probably thinks that the country going backwards in time is a good metaphor for the economic and social policies of the Hermit Kingdom.
  • Other countries use time zones to assert their authority. Despite their size, India and China, for example, impose one clock on their entire populace.
  • Hugo Chavez turned Venezuela’s clocks back so that it wouldn’t share the same time zone as the United States.
  • Messing with time is a millennia old practice. The Roman Senate named the month of July after Julius Caesar.
  • When they decided to honour Augustus Caesar with his own month, they had to mess around with the days in several other months so that Augustus’ month was no shorter than Julius’.
  • Not all changes stick. France once tried to introduce a ten hour clock and Turkmenistan’s former President tried to rename every day and month, including a month just for his mother.

Read about other changes that haven’t stood the test of….time here.

Source: The Economist

Big City Restaurants Are Running Out Of Cooks

August 19, 2015 in Daily Bulletin

Your favourite city restaurant is probably struggling to find somebody to put food together writes Roberto A. Ferdman:

  • Housing rents in big cities mean that lowly paid cooks have to live far from their kitchen if they want to work in the industry.
  • And since restaurant shifts end late, people must contend with long commutes at the end of even longer nights.
  • Pay in the industry is poor and the debt required to pay through culinary school is large.
  • Cooking shows have created unrealistic expectations. Most real kitchens are cramped, sweaty, and stressful.
  • It’s not like restaurants can just offer higher pay. Most can’t rely on television contracts or book deals, and the vast majority are struggling financially.
  • Yet more and more people try to start their own restaurants, increasing the demand for cooks.

Read more about the role that Mexico has to play in all this, and what industry insiders have to say over here.

Source: The Washington Post

Via: Marginal Revolution

The Secret Reason Why Microsoft Has The World Play Solitaire

August 18, 2015 in Daily Bulletin

Countless hours have been wasted in offices across the world playing Solitaire on Windows PCs. James Hunt looked at Microsoft’s secret agenda in having people do so:

  • Solitaire arrived on Windows in 1990 for a generation of users that were used to text based command line input ways of interacting with computers.
  • People didn’t know how to use a graphical user interface which involved dragging and dropping things with a mouse. So through the game Solitaire Microsoft trained an entire generation to use the mouse to manipulate things.
  • Two years later Minesweeper come out for similar reasons. It taught people how to effectively right and left click on their mouse.
  • Similarly Hearts came out for the first networked version of Windows, and taught people how to connect with other players over networks.
  • Now in Windows 10 those who want to play Solitaire have to use the Windows app store. The company’s aim is to teach users how to use the store to find other apps.

Read more here.

Source: Mental Floss

The Economics Of Stolen Identities

August 17, 2015 in Daily Bulletin

Keith Collins wrote about identities on the dark web:

  • In online marketplaces on the dark web it is possible to buy stolen identities for as little as $1, though the median price is around $20.
  • Some identities command prices as high as $450 because they have things like high credit scores, or include credit card information for cards with $10,000 credit limits.
  • Online marketplaces where such things are sold usually have clear refund policies, and even places where buyers can leave feedback for sellers.
  • Sellers that earn a positive reputation can then go onto charge a higher price per identity.

Read about how these identities are collected, the lingo of the dark web, and more over here.

Source: Quartz

Via: Marginal Revolution

 

Artisanal Cash

August 16, 2015 in Daily Bulletin

Communities are experimenting with creating their own cash writes Dan Crane:

  • Individual artists and communities are providing their own take on what currency should look like.
  • Some designs honour people such as JK Rowling or other contemporary figures.
  • They may also commemorate local landscapes, culture, and heroes.
  • This currency is then sometimes used to pay for goods. The currency only works in small, localized communities where people agree to use the notes as a form of exchange, since technically the notes aren’t real currency.
  • This system of a specialized currency that can only be used by local merchants and vendors, instead of by chain stores, appeals to a generation that tries to support local businesses.

Read more about why this might be “the last burst of glory” before cash disappears entirely from our world, how such currencies address piracy concerns, and what some of the currencies look like over here.

Source: The New York Times

Why Economic Growth May Be Key To Saving The Environment

August 14, 2015 in Daily Bulletin

Relentless consumption promoted by economic growth is killing the planet, or so some people argue. Adam Posen outlined why, in fact, economic growth is the key to saving the planet:

  • A cleaner planet requires that unclean industries are overhauled.
  • This is easier to do if there’s economic growth. A dirty power plant might be shut down but industrialists and workers can hope for a different, brighter future in a new industry.
  • Growth also promotes efficiency – doing more with less – key to helping the planet.
  • The empirical evidence backs this up – over the decades it is economies that were growing such as Japan, Germany, and China, that have led the fight to reduce carbon emissions.

The full article fleshes out other reasons for the importance of economic growth, and provides a rebuttal by Tim Jackson who argues that low or no growth is the key to stability. Read it here.

Source: The Economist

How Servers Profile Tippers

August 13, 2015 in Daily Bulletin

The next time you go to a restaurant, these are the things that servers are looking at found Jessica Sidman:

  • Long sleeves in the summer indicate a person with cash and good tips.
  • Gay people are also thought to be better than average tippers.
  • Those with reservations are normally searched for on the internet in advance to figure out what they do. The menu recommendations and alcohol price range that is mentioned will be adjusted accordingly.
  • Those that get alcohol early are normally in for a long expensive night and are worth a lot of money.
  • Servers can take control of their tips by accurately assessing the situation. Lawyers have a lot of money but lawyers who won their case should be offered wine, while those that lost should be encouraged to get a Scotch and bourbon.

Read other things that your waiters and waitresses are thinking about you when you walk through the door over here.

Source: Washington City Paper

Via: Marginal Revolution

Paying Beggars To Stay Away

August 12, 2015 in Daily Bulletin

Pushkaram is an Indian festival that takes place once every 12 years along one of 12 spiritually important rivers. This year it was the Godavari River’s turn. Kamalakara Rao took a look at an odd challenge the government faced:

  • Because the festival takes place so rarely, it is expected to draw thousands of beggars.
  • To avoid this the local state government announced that those seeking alms would be paid ₹5,000 (US$ 77) as compensation for lost wages if they agreed to stay away from the event.
  • The biggest problem was, of course, verification, as relatively well-off people claimed to be beggars in order to get compensation.
  • Still the idea has worked in the past. In 2000 those seeking alms were given similar financial incentives if they agreed to move ahead of President Clinton’s visit.

Read more here.

Source: The Times of India

Sexist Parking Spaces

August 11, 2015 in Daily Bulletin

Turns out countries around the world have segregated parking spaces:

  • German law requires some regions to reserve 30% of parking spaces for women.
  • These spots are bigger than usual parking places in order to make it easier to maneuver.
  • It’s not just Germany. Austria, Switzerland and China have similar laws on the books. One Chinese mall went so far as painting the parking spots pink.
  • Critics point out that this is sexist against women because it implies that they’re worse drivers than men.
  • On the other hand some say its sexist against men because they are stuck with less than ideal places to park.
  • The laws seem to have come about in the 90s when people became concerned about sexual assault in unlit parking lots.

Read about the men only parking spots that are available and other details here.

Source: The Washington Post