“I’m tired of seeing the old rich guy in the front row with the hot girlfriend. And the hot girlfriend, you know, with her boobs hanging out,with her beer in the air, just screaming the whole time. The old rich guy is standing there like he couldn’t care less. It’s a very common theme at Kid Rock concerts, probably at most people’s concerts.”—Kid Rock Takes On The Scalpers
“I’m asking you, though — you certainly know what the use of an apostrophe ‘s’ means, do you not?”
“As I’ve written documents over the years, there are times when I use an apostrophe ‘s,’ and it seems like I’m supposed to use an apostrophe ‘s.’ But I have to say that my grammar is not strong enough to tell you right now with clarity when an apostrophe ‘s’ is used.”
Approach your career ambitions the same way you approached your romantic ambitions at college. Sure, you’re looking for “The One,” but the only way to find that is by going on a lot of dates. And you should think about your first job as a good first date. Try it out. If you like it, stick around for another year. But if not, ask another employer out. And keep playing the field until you’ve found the job you want to stay with.
This pattern of hopping between jobs while young, before settling down, is in remarkably common. And it makes sense, too. Romantic success never follows from trying to improve your partner; it follows from moving on and finding a better match. The same is true in the world of work.
Indeed, economic research shows that most large pay gains come not from your boss promoting you, but rather from moving to a job that’s a better fit, with a different employer.
So for now, play the field. You’ll discover what you like, you’ll discover what you’re good at, and at some point you’ll be ready to settle down.
Under current law, Internet retailers have to charge sales tax in states where they have a significant physical presence — like, say, a big warehouse. For a long time, Amazon kept warehouses out of big states so it could avoid charging sales tax in those states.
Brick-and-mortar retailers didn’t like this, and started lobbying state governments to push for Amazon to charge sales tax. So Amazon changed its strategy. The company agreed to start paying sales tax in more states — and it started building huge warehouses near major metropolitan areas in those states.
The warehouses meant the company had to start charging sales tax. But having warehouses closer to big cities also allowed Amazon to start offering same-day delivery to millions of customers.
As the FT reported last year, the brick-and-mortar stores got the level playing field they wanted for sales tax. But they also got a new level of competition from Amazon. If the company can make cheap, same-day delivery work, it will eliminate one of the last advantages of physical stores.
…If you buy a song off of iTunes, can you turn around and sell it to someone else?
There’s a company called ReDigi that’s basically a digital version of a used record store. You can sell them your old mp3s, and you can buy “used” mp3s that other people have sold.
Capitol Records is suing ReDigi for copyright infringement. The complaint alleges that “ReDigi makes and assists its users in making systematic, repeated and unauthorized reproductions and distributions of Plaintiffs copyrighted sound recordings.”
ReDigi says what it’s doing is perfectly legal under the “first sale” doctrine.
“On average, it took participants seven minutes to answer the questions using a search engine, and 22 minutes using the University of Michigan’s library. Hal Varian, Google’s chief economist, then calculated that those savings worked out to 3.75 minutes per day for the typical user. Assigning that time a value of $22 per hour (the average wage in America), he reckons search generates $500 of consumer surplus per user annually, or $65 billion-$150 billion nationally.”—How to quantify the gains that the internet has brought to consumers