Friday, April 4, 2008

Music from the Ashes

The music industry as we know it (big labels, big promotion) will die before it is reborn. Get ready for the Darwinian survival of the fittest bands.

Promotion will become organic, enabled by social media services. Music recommendation will return to a person-to-person, word-of-mouth high quality -- but on a global scale. The services that enable this promotion will be the new hit-breakers.

A&R departments are superfluous. This is not to say that A&R development is not needed. Artists may need managers who understand promotion, producers who undertand development, but they will be free-lance, not amalgamated into huge labels.

Sunday, January 20, 2008

Does the press cause recessions?

The Economist magazine, by counting the number of times the word "recession" occurs in leading American newspapers, claims the press predicts recessions by a quarter or two.

But they fail to establish cause and effect. What if the press actually causes recessions by scaring consumers and corporations with its lazy me-too, follow-the-leader reporting techniques?

Here's an article that does say doom-and-gloom talk could lead to recession, in this case a double-dip recession. If press coverage can cause a double-dip recession, press coverage can certainly cause a recession.

Sunday, September 9, 2007

Global Warming Gilligans

All this global warming hysteria makes me think of the Gilligan's Island episode where everyone thinks the island is sinking because Gilligan keeps moving the Professor's measuring stick into deeper water.

Monday, February 26, 2007

Presidential Primary Calendar

Political parties pick their candidates through a screwy delegate system that includes proportional representation based on the number of party voters in a district, primary elections, and caucuses. But here's my proposal for an updated primary calendar simplified as if parties picked candidates the same way the Electoral College picks presidents. This model of "1/8-1, 1/4-1, 1/2-1, all" cumulative progression could be extended to the delegate system.



The goals I used were to break up the calendar so candidates could get to as many states to campaign in person as possible, to give small states a head start, but to not settle the races before all states got a chance to vote.



The last goal means that with 538 total electoral votes, 270 are needed to win a majority.






First start with small states in the Northeast and West to get to 51 electoral votes (about 1/8 of total votes).




















RegionStateElectoral Votes
NortheastVermont3
NortheastRhode Island4
NortheastNew Hampshire4
NortheastMaine4
NortheastDelaware3
NortheastDC3
NortheastConnecticut7
WestWyoming3
WestSouth Dakota3
WestNorth Dakota3
WestMontana3
WestIdaho4
WestHawaii4
WestAlaska3
Total1451



Then go to more small states in the Midwest, South, and West to add 80 more votes to get to 131 total electoral votes (about 1/4 of total votes).



















RegionStateElectoral Votes
MidwestWest Virginia5
MidwestOklahoma7
MidwestKentucky8
MidwestKansas6
MidwestIowa7
SouthSouth Carolina8
SouthMississippi6
SouthArkansas6
WestUtah5
WestOregon7
WestNew Mexico5
WestNevada5
WestNebraska5
Total1380



Then continue with mid-size states to add 136 more votes to get to 267 total electoral votes (just under 1/2 of total votes):



















RegionStateElectoral Votes
MidwestWisconsin10
MidwestTennessee11
MidwestMissouri11
MidwestMinnesota10
MidwestIndiana11
NortheastMassachusetts12
NortheastMaryland10
SouthVirginia13
SouthLouisiana9
SouthAlabama9
WestWashington11
WestColorado9
WestArizona10
Total13136



Then finish in one big bang to allocate the last 271 needed electoral votes and pick the winner:

















RegionStateElectoral Votes
MidwestOhio20
MidwestMichigan17
MidwestIllinois21
NortheastPennsylvania21
NortheastNew York31
NortheastNew Jersey15
SouthTexas34
SouthNorth Carolina15
SouthGeorgia15
SouthFlorida27
WestCalifornia55
Total11271

Thursday, February 15, 2007

Kill the Dollar Coin

In addition to getting rid of the penny, I think Congress and the Mint should stop fooling around with the idea of a dollar coin. After two attempts at coins featuring people nobody knows, at least the Mint is now putting presidents back on their next dollar coin attempts. They're also introducing inscriptions on the edges of the coins, which may help give the coins a feel in your pocket different than quarters. However, it's unfortunate that the first dollar coin will have a portrait of the same president (Washington) who's also on the quarter — the coin most confused for the dollar coin.



The pocket factor is the primary source of my opposition. Let's try an experiment: open your wallet right now and count how many $1 bills you're carrying. I have 6 in mine.



Now imagine having to carry the same amount in big, heavy coins in your pocket, or digging through the contents of your change purse just to find a dollar. Ask anyone in the UK how they feel about having to carry their large, heavy pound coins and most will say they'd rather carry paper.

Sunday, February 11, 2007

Get Rid of the Penny!

It's time to get rid of the penny. With news that pennies now cost more than a cent to manufacture, it's time to reconsider the penny coin's usefulness.



With today's prices, where even a gumball goes for 25 cents or more, there is no need for pennies in cash transactions! Pennies simply accumulate in old coffee cans and jelly jars.



I propose that every cash transaction be rounded up to the nearest nickel, with shop owners (not the government!) keeping the difference. All non-cash transactions would still be calculated to the penny.



In the average transaction, a customer would only pay 2 cents more when rounding up to the nearest nickel. In the best case, there's no difference at all. In the worst case, the difference is only 4 cents. That averages less than 1% of the typical cash transaction above $2.



Let's take a look at all 100 possible combinations of change in a cash transaction: from 0 cents change, to 99 cents change. In all 100 of these transactions you use the following numbers of each coin:




  • Pennies: 200 coins, 2.0 average per transaction

  • Nickels: 40 coins, 0.4 average per transaction

  • Dimes: 80 coins, 0.8 average per transaction

  • Quarters: 150 coins, 1.5 average per transaction

  • Total: 470 coins, 4.7 average per transaction



Now lets look at all 100 combinations of change in a penniless world (where each transaction is rounded up to the nearest nickel):


  • Pennies: 0 coins, 0.0 average per transaction

  • Nickels: 40 coins, 0.4 average per transaction

  • Dimes: 80 coins, 0.8 average per transaction

  • Quarters: 150 coins, 1.5 average per transaction

  • Total: 270 coins, 2.7 average per transaction



You can see that in a penniless world, we would use zero pennies and exactly the same number of every other coin! The average number of coins in change drops from 4.7 to 2.7 per transaction - more than 42% fewer coins!



Opponents of eliminating the penny include charities who raise money by collecting pennies. My God! I see a huge opportunity there - collect nickels and dimes instead!



Some claim that the poor transact mostly in cash, placing an undue burden on them. In that case, the rounding could be made neutral by changing the rule to round down to the nearest nickel any transaction that would result in 1 or 2 pennies in the change, and rounding up to the nearest nickel any transaction that would result in 3 or 4 pennies in the change. On average, this results in zero difference from actual amount paid using exact change to the penny.



Other opponents, like the Congressional delegation from Illinois where Linclon spent most of his adult life, want to see Lincoln continued to be honored with a coin. Well, he's already on the $5 bill - a much greater honor than the lowly penny!



Cash only adds value to the economy when it is used - but most pennies are simply stored, meaning the cost to manufacture them must be borne for little economic value. Eliminating the penny will reduce the overall cost of minting coinage, and reduce the frustration of storing a surfeit of pennies.

Tuesday, August 8, 2006

Remember when all we had to worry about was the Soviets?

I'm going to call this the "Song of the Day" post, even though I'm going to talk about 4 old songs from the 80's...

Sometimes my mind plays associative tricks on me. The recent Hezbollah aggression against Israel made me think of the old Sisters of Mercy Song "Doctor Jeep" which includes these lyrics:

Everybody shouts on I love Lucy

Pee Wee reads the evening news

A pre-owned song or a second-hand Uzi

Everybody got a job to lose

Here come the golden oldies

Here come the Hezbollah

Businessmen from South Miami

Humming the AOR


Meanwhile...


I like Cal and his dog Napalm

I like Ike and his itty-bitty A-bomb

Everybody got one, I want mine

You can order it up on channel nine

Meanwhile, in the Sheraton,

Doctor Jeep plays on and on and on



The 11 missing Egyptian students made me nostalgic for the days when we worried where missing Soviet submarines were, rather than where foreigners of the same demographic responsible for the murder of almost 3,000 Americans on September 11th, 2001 are wandering around at the moment. Hence a flashback to Thomas Dolby classic "One of Our Submarines":

One of our submarines is missing tonight

Seems she ran aground on maneuvers


And of course, the 1989 fall of the Soviet empire proved Jackson Browne prescient with "Layers in Love" which included this:

Last night I watched the news from Washington, the capitol

The Russians escaped while we weren't watching them, like Russians will

Now we've got all this room, we've even got the moon

And I hear the U.S.S.R. will be open soon

As vacation land for lawyers in love


And apropos of nothing other than the recent anniversary of the old German Unity Day, June 17th, commemorating a valiant 1953 anti-Communist protest in East Germany, is Alphaville song "Summer in Berlin":

This day's an invitation

And it's just for you

You've got a reservation

For the 17th of June

Open your eyes

And let the sun break in for a while

There may be something

That you've never seen inside


(The new reunification day was moved to October 3rd when the country was actually reunified after the fall of European communism.)


Aah, the old days when reading between the lines was the most intriguing part of foreign policy...