On Robert Reich on the "Paid-What-You're-Worth" Myth

@forget it i quit I don't think that's really what he's saying, though. He's saying that compensation is not a measure of underlying worth; it's a measure of bargaining power. Just like unions raised the bargaining power of lower-wage workers, compensation committees and other factors (short term market pressures, imperfect information, shareholders who default to management decisions) affect CEO compensation more than the underlying value that the executive is bringing to the company. He's not saying that union workers were or weren't worth what they were paid. He's saying that nobody is really paid what their labor is worth and to pretend that's the case is to make policy arguments rooted in a theory that isn't reflected in the reality of the labor market.

Posted on March 18, 2014 at 1:30 pm 5

On How Medical Bills Can Easily Damage Our Credit Records

I had a medical provider (in an ER situation) take down our address wrong. The bills did not get delivered, we were not able to provide updated insurance information, and the bills went to collections before I even heard we owed anything. Fortunately, I'm pretty insurance-literate and was able to spend a lot of time on hold getting the providers to bill insurance, insurance to pay the bill, and and the providers to pull back and cancel the collections agency accounts. But it took at least 10+ hours of my time. I was livid especially since the hospital took down our address wrong and that's what caused the whole mess.

Posted on March 10, 2014 at 1:02 pm 0

On Rich and Horribly Neglected

Wow. It really upsets me that money could make abuse and violence of this level just disappear in the eyes of the people who are supposed to stop it. It sounds like their father was a very troubled man who suffered similar neglect in his own childhood and makes me worry if the cycle is perpetuating itself again and again until the money runs out.

Posted on August 15, 2013 at 7:44 pm 0

On The Economic Narrative of 'Game of Thrones'

@Michelle LeBlanc@twitter This was my first thought as well. I liked the article, and the general points still hold, but looking at the shows rather than the books (and especially details from the later books re: financial and religious institutions) makes it a much simpler story. [and Robert was a terrible king, but I feel like he was kept in the dark intentionally about how much of a deficit he was running] I am clearly the worst nerd, but ASOIAF and economics are basically the two things I get nerdiest about.

Posted on May 5, 2013 at 6:55 pm 1

On When Your Husband Is Rich And You Are Broke

@Quinn A@twitter My very strong suspicion is that the mortgage she is paying is a much larger mortgage on a much more expensive house than she would have if she was single. (maybe she did own it when she was single, and used to make more money, but the decision to keep it is based on the fact that he lives there and 100% of household disposable income is not going towards the mortgage.) Separate accounts are OK, but using separate accounts to justify one partner having a much higher standard of living while the other partner takes on the bulk of joint expenses, is not even close to OK. My husband and I have separate accounts and it works out fine, but if one partner is feeling in controlled and in poverty, that is not working and if the marriage is going to work, it needs to change.

Posted on April 30, 2013 at 1:02 pm 1

On Up And At 'Em

@DickensianCat I used to work out in the morning before work almost every day. and I did like that the fuzziest, least mentally sharp part of my day was spent on something that didn't require many brain cells. but then I worked out after work a couple of times and realized I can lift a lot more and run a lot faster in the evenings. After that, morning workouts just felt like shitty, sleep-deprived workouts.

Posted on March 28, 2013 at 6:06 pm 0

On The Trouble with Friends in High Places

@WaityKatie This was my reaction. Not that I didn't enjoy the article, but I REALLY enjoyed his name.

Posted on October 1, 2012 at 7:47 pm 2

On The Stuff Was Mine, But I Didn't Care About Stuff

@MuffyStJohn I used to be very sentimental over objects as a child (to the point where I really was a little mini hoarder, refusing to get rid of dusty old papers with my 3rd grade homework) and as I got older I changed drastically. Probably because my childhood level of sentimentality was totally unsustainable and resulting in once-a-year weekends of crying when my dad forced me to clean my room. Now I hate stuff. HATE HATE HATE. I won't even let it in to begin accumulating sentimental value. I'm pretty sure if something like this happened to me, I would flat out tell my relatives that I was throwing out their stuff unless they gave it to someone else. I think I get so harsh partly because I don't want to build the attachment (also: I may be a jerk) but I would rather make a loved one cry once than lie and pay storage bills for years. Like you, I don't think it's a judgment one way or another (the author's relationship with her grandmother sounds sweet, and your family's keepsakes sound awesome), but once things start carrying meaning I freak out about breaking or misplacing them.

Posted on September 27, 2012 at 3:01 pm 0

On 30 is Not the New 20, Says UVA Professor

@WaityKatie I've come to realize it's one of those things that goes both ways. As much as part of 25 year old me wished that I had gone for a consulting track position or something out of college or studied computer science/engineering and gotten a job as a programmer, one of the things I really like about getting older is gaining the perspective to realize that there are always going to be paths not taken and there's no One True Path that is going to be superior at all stages. By fantasy measures, sure, I could have done things differently, but given the constraints of reality things are pretty good.

Posted on September 27, 2012 at 2:35 pm 0

On 30 is Not the New 20, Says UVA Professor

I spent most of my mid-twenties freaking out that I hadn't planned better and worried that my career was stalling because I had the "not sure what I want to do" attitude up until that point. I took whatever jobs I could get through "weak ties," temped in the hope of getting a full time offer, and mostly applied for (and interviewed for, and got) jobs that seemed like what I was qualified for rather than jobs in industries I wanted to work in. and at age 30 now, it's worked out. I really like my job, feel like it's growing into a long term career even though it was something I would have never thought to do at age 20. I know where I'm headed personally, I like where I live and where I'm going. There's only so much age 20 me knew about what age 30 me would be like, and trying different things rather than picking one path and embarking on it as hard as I could, is absolutely what told me that.

Posted on September 27, 2012 at 1:55 pm 1