Coyote Blog

A while back, we finally finished reworking our backyard, one of those 3 month projects that eventually threaten to be a multi-generational saga.  We turned our existing pool, with a bit of trickery, into a zero-edge thing, put a dark bottom in it and ended up with a nice effect.  I probably could have posted it upside down and no one would have been able to tell the difference.  The pool design creates a surface like glass.

The tree is an ironwood.  A lot of the more interesting plants will not grow in the desert, but an exception is the native ironwood tree.  We have three now and every one is a work of art.

For the first time in five years, I am apparently mathematically eliminated after the first weekend, with my best possible finish in 7th.    Congratulations to our current leaders, who navigated through an incredible series of upsets far better than I did:

Perhaps even more incredibly, Todd Ramsey is shown to have a 71+% chance of winning it all, which are pretty unprecedented odds in our pool this early in the tournament.

In 1946, a factory might employ its own cafeteria staff, the people who cleaned the bathrooms and windows, the folks who painted the building, even mechanics for the motor pool.  Today, all that stuff is outsourced.  The work and jobs are still there, but the jobs have been outsourced to service companies so the factory can focus just on production.

Are manufacturing jobs numbers smart enough to take this into account, or is the (relative) decline in manufacturing jobs in part attributable to unwinding of vertical integration and outsourcing of work to service companies?

To be very specific:  Is an accountant in a factory a manufacturing job, or a service job in the government numbers?  Certainly this person is a service worker if he is an independent contractor working for the factory, but what if he is employed in the factory with an office in the factory on the factory's payroll?

Anyone know?

Local swimmers have gotten a court order forcing the City of San Diego to chase away the seals from the Scripps children's pool in La Jolla.  But it is not my intention to blog on that specifically, but on this bit:

The city said it would blast recordings of barking dogs to scare away the pesky pinnipeds at the cost of $688,000 a year. San Diego cannot use force because the seals are a federally protected marine species.

Please, oh please can I get paid $688,000 a year to play loud recordings on the beach?  I have not even cracked a spreadsheet on this, but I am betting I can turn a profit on that.

Meddle in the economy too much, and investment dries up as entrepeneurs sit on the sidelines to see what's next:

"America isn't hiring precisely because of government policy. Small business owners, who are usually the first into and the first out of the job pool, are standing by the fence and watching. They are paralyzed by regulatory uncertainty. If they hire someone who ends up doing poorly, will they be able to fire that person? Will they have to pay their health care bills after they've been terminated? If so, for how long? Who will pay for all these stimulus checks? If it will turn out to be small business, why would they hire instead of keeping costs low to prepare for the big tax bill? Where will the market move? Are you in the right business or are your clients in a politically disfavored industry? . . . Jobs aren't languishing despite the government's best efforts. They're languishing because of them."

Via Glenn Reynolds

I found out today, the hard way, that Arizona has a law specifying exactly how a pool contract is to be paid for a pool construction or renovation job.  Yes, we sure would not want to leave it to individual choice and negotiation to determine contract terms.  The craziest part is that I am required, by law, to pay 100% of the cost of the job to the pool contractor before the gunite or finish coat of the pool is shot.  In other words, I must pay all of the contracted price before the job is complete with no hold back.

This is absolutely crazy.  I have never in my life not had a hold-back in a construction contract.  Three times  (all with my company) I have had contractors go bankrupt or disappear before the job is complete, in at least two cases leaving so much work unfinished that even the hold-back was not enough to cover the loss.   Typically, contractors bolt before the punch list is complete, and only the hold-back keeps them focused at all on finishing the job to my satisfaction.  I am not happy, particularly since Phoenix pool contractors are going bankrupt right and left in this economy.

This is yet another example where "regulation" in fact means "in the tank for favored industries that make campaign contributions."

Note: This post sticky through 3/20.  Look below for newest posts.

We had a blast with it last year, so back by popular demand is the annual Coyote Blog
NCAA Bracket Challenge.  Yes, I know that many of you are bracketed
out, but for those of you who are self-employed and don't have an
office pool to join or who just can't get enough of turning in
brackets, this pool is offered as my public service.   

Last year we had close to 100 entries, and we expect more this year.
Everyone is welcome, so send the link to friends as well.  There is no
charge to join in and
I have chosen a service with the absolutely least intrusive log-in
(name, email, password only) and no spam.  The only thing I ask is
that, since my kids are participating, try to keep the team names and
board chat fairly clean.

To join, go to http://www.pickhoops.com/Coyote and sign up, then enter your bracket.  This year, you may enter two different brackets if you wish.

Scoring is as follows:

Round 1 correct picks:  1 points
Round 2:  2
Round 3:  4
Round 4:  6
Round 5:  8
Round 6:  10

Special March Madness scoring bonus: If you correctly pick the underdog in any round (ie,
the team with the higher number seed) to win, then you receive bonus
points for that correct pick equal to the difference in the two team's
seeds.  So don't be afraid to go for the long-shots!   The detailed rules are here.

Bracket entry appears to be open.  Online bracket entry closes
Thursday, March 20th at 12:20pm EDT.  Be sure to get your brackets in
early.  Anyone can play -- the more the better.

It's been a while since I posted any tort pr0n, so here are a couple of juicy onces:

From West Virginia:

Joe Meadows was drunk. Very drunk. 0.296 percent blood-alcohol content
drunk, 12 or 13 beers worth. Fortunately, he didn't drive in that
state. Unfortunately, he chose to sleep it off by resting under a
parked 18-wheel truck. More unfortunately, the driver, Doug Rader, who
didn't check to see whether there might be drunks lying under his truck
at 1:40 a.m., ran over Meadows. Rader had EMT training, and was able to
save Meadows's life, but Meadows lost a leg, and sued both the truck
company and the store that owned the parking lot. A Kanawha County jury
decided that Meadows was only a third responsible for his injury, which
means he "only" gets two thirds of the three million dollars they
awarded.

And from Florida:

"A police officer has sued the family of a 1-year-old boy who nearly
drowned because she slipped and injured a knee responding to their
9-1-1 rescue call." Andrea Eichhorn, a police sergeant in Casselberry,
Florida, responded to the pool accident, and now "claims the boy's
family left a puddle of water on the floor, causing her fall during the
rescue efforts. She broke her knee and missed two months of work." So
she's suing the Cosmillo family. "It's a situation where the Cosmillos
have caused these problems, brought them on themselves, then tried to
play the victim," says her attorney, David Heil. Joey Cosmillo, the
infant in question, suffered severe brain damage and lives in a nursing
home now.

West Virginia and Florida -- who'd have thought it?

I hesitated to even post this link, because if you haven't been following the Rack & Roll / Manassas Park story for a while, it is so rich and convoluted that it's almost impossible to catch up.  Like starting to watch the Sopranos in the sixth season.  But Radley Balko has a long update.

Here is the short answer.  A group of folks in Manassas Park, VA, both in and out of the town government, want to take the land where the Rack & Roll pool club and bar sits for a lucrative off-track betting establishment.  As part of that effort, they have worked to deny the owner his liquor license and his business license.  The town has also harassed the club with numerous over-the-top raids, including a full-on 60-man SWAT raid.  The town has in the past tried to portray the club as a haven for drug dealing, in part by having police pay the club's bouncer to allow and/or encourage drug deals on the property and then tip police to them.

The owner has been standing up for himself, and has taken to video-taping the premises at all times and recording interviews with employees and customers.  A lot of the back story is here, start at the bottom.

In this most recent update, the owner addresses the other major charge being used to pull his licenses -- that he allowed lewd behavior on site, specifically girls flashing their boobs on the dance floor.  He has impressive evidence that he threw out anyone he caught doing so, and instructed his other employees to do the same.  In fact, the flashing seems to have occurred when the owner was not present, and was led and encouraged and photographed by the club's DJ.  Ironically, the DJ is the Manassas Park vice-mayor.  So the town is trying to shut the club down for activities opposed by the club's owner but encouraged by the town's own official.  Bizarre.  Now the town finds itself the proud owner of a file of soft-core child pornography, in the form of pictures from the club taken by their vice-Mayor of topless girls, several of whom may have been under-age  (apparently VA law allows under-age patrons as long as they are not served alcohol).

One of my favorite bloggers, TJIC, also runs a business called SmartFlix
which has an enormous collection of instructional videos, from crafts
to outdoors to home improvement, all for rent.  Most of these niche
videos are incredibly helpful, but are almost impossible to find
anywhere else.

Anyway, TJIC apparently wrote James Lileks, a really fun-to-read columnist and author, with the following come-on:

We send you a video.  You watch it, or watch 10 minutes of it, or don't watch it at all.

Then you write something, which might be a review, or might
barely mention the video at all. For example, a short review on a video
that instructs one on how to play pool might mention the fact that you
watched 10 minutes of the video, and then segue onto a story about you
playing pool 15 years ago with The Giant Swede"¦

In short, I propose a business relationship where you do whatever the heck you want to.

Anyway, Lilek's first column is up.

To win in the Coyote Blog bracket pool.

The others get passed because they don't have the right teams in the finals, despite a lot of good picks to date.  They chose...poorly.  Full disclosure, I am in 44th, but I vault up to 27th with a Florida win.  Go Gators.

I know it has become a cliche to point it out, but I am still amazed we can go through a whole season and a whole bracket of 65 and get down to the same two teams who were in the football championship game.

Note: This post sticky through 3/16.  Look below for newest posts.

We had a blast with it last year, so back by popular demand is the annual Coyote Blog
NCAA Bracket Challenge.  Yes, I know that many of you are bracketed
out, but for those of you who are self-employed and don't have an
office pool to join or who just can't get enough of turning in
brackets, this pool is offered as my public service. 

Last year we had over fifty entries, and we expect more this year.  Everyone is welcome, so send the link to friends as well.  There is no charge to join in and
I have chosen a service with the absolutely least intrusive log-in
(name, email, password only) and no spam.  The only thing I ask is
that, since my kids are participating, try to keep the team names and
board chat fairly clean.

To join, go to http://www.pickhoops.com/Coyote and sign up, then enter your bracket.

Scoring is as follows:

Round 1 correct picks:  1 points
Round 2:  2
Round 3:  4
Round 4:  6
Round 5:  8
Round 6:  10

Special March Madness scoring bonus: If you correctly pick the underdog in any round (ie,
the team with the higher number seed) to win, then you receive bonus
points for that correct pick equal to the difference in the two team's
seeds.  So don't be afraid to go for the long-shots!

Bracket entry appears to be open.  Online bracket entry closes Thursday, March 15th at 11:30am EDT.  Be sure to get your brackets in early.

Update: I have managed a lot of bracket pools over the years, with a lot of tools.  I would not hesitate to recommend Pickhoops.com.  Least intrusive, cheap, good tools, easy to use.

I'm not sure this one even needs comment, via Tom Kirkendall

A volunteer waitress and a widowed great-grandmother who tends bar at
the Lake Elsinore Elks Lodge are due in court later this month after
pleading not guilty to misdemeanor charges of operating an illegal
gambling operation.

Margaret Hamblin, 73, and 39-year-old Cari Gardner, who donates her
time as a waitress at the lodge, face up to one year in jail and a
$5,000 fine for allegedly running a $50 football pool [ed: yes, fifty whole dollars] at the facility,
the Press-Enterprise reported.

The charges stem from a Nov. 20 investigation by state Department of
Alcoholic Beverage Control agents into an anonymous tip that lodge
members bet on NFL games.

Behind the bar, the armed agents found an envelope with $5 from each
of the 10 members taking part in the pool. The person who came closest
to guessing the combined score of the Jacksonville Jaguars and the New
York Giants was to pocket the contents, according to the
Press-Enterprise.

"It was just regular 'Monday Night Football,' " said Hamblin, who
has tended bar for 40 years, six of them at the lodge. "We were sitting
at the bar, and the gang wanted to do something," she said, according
to the newspaper.

Timothy Clark, who heads the department's Riverside district, which
issued the citations, said football pools "are a violation of the law,
and we will take whatever we feel is appropriate action to ensure
compliance by our licensees," the newspaper reported.

This is so wrong.  When possessing cash is a crime:

A federal appeals
court ruled yesterday that if a motorist is carrying large sums of
money, it is automatically subject to confiscation. In the case
entitled, "United States of America v. $124,700 in U.S. Currency," the
U.S. Court of Appeals for the Eighth Circuit took that amount of cash
away from Emiliano Gomez Gonzolez, a man with a "lack of significant
criminal history" neither accused nor convicted of any crime.

I know what you are thinking -- there must be some other facts Coyote is leaving out that explain why a man should have his money confiscated for no other reason than he chose to keep it in cash.  Read the whole thing, because you won't find anything that makes this sane.  I do a lot of business down on the border, and get many Mexican customers (legally) visiting as a tourist.  Almost to a one, they show up with large rolls of cash.  Our preference for key fob credit chips and ubiquitous Visa cards is not shared by every other culture, and the desire to keep one's assets in cash should not be a crime (it may not be smart, but not a crime).  Hell, murderers have more protection under the law than this person carrying cash.

I would be interested to hear more about this from folks with a legal background, but I am surprised that an appeals court even has the purview to find that a crime exists when lower courts found none.  The problem here, I think, is that the cash can (legally, which is nuts) be seized and kept without a trial, just on the say-so of the police, who have the incentive to decide that the cash is seizable because they get to drop it into their budget pool.  So I guess the trier of fact is the police (?) and the lower court reversed the police decision and then the circuit court is reinstating it. 

This is just one example of the incredibly high price we pay in civil liberties for the war on drugs.  See this post to measure the countervailing benefits of the war on drugs.  Hat tip:  Catallarchy.

Update: Via Hit and Run, here is another nice feature of the war on drugs:

Tim takes one 24-hour Claritin-D tablet just about every day. That
puts him just under the legal limit of 75-hundred milligrams of pseudo
ephedrine a month. The limit is part of a new law that Quad Cities
authorities are beginning to strictly enforce.

The law limits the
amount of pseudo ephedrine you can buy. Pseudo ephedrine is an
ingredient in medicines like Sudafed and Claritin-D, and it's also a
key ingredient in methamphetamines.

"It's the only allergy medicine that works for me "“ for my allergies," Tim explained.

The only problem is, Tim has a teenaged son who also suffers from allergies. And minors are not allowed to buy pseudo ephedrine.

"I bought some for my boy because he was going away to church camp and he needed it," he said.

  That decision put Tim over the legal limit. Two months later, there was a warrant for his arrest.

And off to jail he went, with no apologies:

But even if you're not making meth, if you go over that limit "“ of one maximum strength pill per day "“ you will be arrested.

  "Does it take drastic measures? Absolutely. Have we seen a positive result? Absolutely," Sandoval stressed.

Do you see the similarity in these two stories.  Two different people, both punished by the state for taking legal actions similar to those taken by drug dealers (holding cash and buying Claritin) with absolutely no evidence they in fact had anything to do with illegal drugs.  Next up:  Anyone driving a Porche 911 will be arrested since those cars are favored by drug dealers. 

I have defended Wal-Mart on a number of occasions given its new whipping-boy-of-the-left status.  However, if it wants to get my further support, it is going to have to take it's nose out of the public trough.

It's hard to find reliable numbers on the total value to Wal-Mart of such subsidies. The leading report is Shopping for Subsidies: How Wal-Mart Uses Taxpayer Money to Finance Its Never-Ending Growth
by Philip Mattera and Anna Purinton was published by a left-leaning
advocacy group and funded in part by one of the very unions trying to
unionize Wal-Mart's work force, which will suggest to some a need for
caution. Yet, even if one applies a substantial discount to Mattera and
Purinton's results, Wal-Mart is still doing quite well at the public
trough:

• In a sample of subsidy deals for individual stores, they found
  subsidies ranging from "$1 million to about $12 million, with an
  average of about $2.8 million."
• In a survey of Wal-Mart regional distribution centers, they found
  that "84 of the 91 centers have received subsidies totaling at least
  $624 million. The deals, most of which involved a variety of subsidies,
  ranged as high as $48 million, with an average of about $7.4 million."

In a very real sense, Wal-Mart thus is in part a creature of big
government. From this perspective, Wal-Mart's recent hiring of
long-time Democratic operative Leslie Datch and significant increase in
contributions to Democratic politicians comes as no surprise. (Of
course, as Timothy Carney has argued,
it may also be that Wal-Mart is now using big government not just to
boost its own growth but as a tool to squash competition.)

Is Wal-Mart becoming the Archer-Daniels-Midland of retail?  In fact, the article does not even mention the egregious practice of getting local governments to use eminent domain to clear them a building location.  A while back I argued that Wal-Mart was using regulation as a club to pound on their competitors:

Apparently, though I can't dig up a link right this second, Wal-mart
is putting its support behind a higher minimum wage.  One way to look
at this is a fairly cynical ploy to get the left off its back.  After
all, if Wal-mart's starting salary is $6.50 an hour (for example) it
costs them nothing to ask for a minimum wage of $6.50.

A different, and perhaps more realistic way to look at this Wal-mart
initiative is as a bald move to get government to sit on their
competition.  After all, as its wage rates creep up, as is typical in
more established companies, they are vulnerable to competitors gaining
advantage over them by paying lower wages.  If Wal-mart gets the
government to set the minimum wage closer to the wage rates it pays, it
eliminates the possibility of this competitor strategy.  Besides, a
higher minimum wage would surely put more low-skilled people out of
work, increasing the pool of people Wal-mart can hire  (and please do
not bring up the NJ convenience store study that supposedly shows that
higher minimum wage increase employment - no one in their right mind
really believes that demand for labor goes up when the costs go up).  I
am not sure what the net effect on Wal-mart's customers would be --
some would have more money, from higher wage, and some would have less,
from fewer hours or due to being laid off.

I have defended Wal-mart in the past,
but I am going to stop if they become the new auto or steel industry
and use the government to protect their market position.  Already they
are losing my sympathy with their whoring for local relocation subsidies and eminent domain land grabs.

If Wal-Mart wants to seek public funding for its business and impose regulation on its competitors, and thereby make itself a semi-governmental entity, then I am no longer going to have any sympathy for them when governments want to single them out for special regulation, no matter how bone-headed the regulation may be.

The NY Times is working to help the left coalesce its strategy for the upcoming elections, and it is pushing the notion that Wal-Mart represents everything that is wrong with the economy and that the Wal-Mart effect (supposedly holding down wages to augment profits) has caused real wages and middle class earnings to stagnate.

I have been addressing some of this piecemeal, but it also occurred to me that something is different over the last two decades that radically effects average wages - that is, immigration.  This is not the "immigration drags down other people's wages" argument, something that most economists have debunked.  But since immigrants, legal or not, are new in the labor force, have fewer skills, and don't always have good English skills, their wages are lower.  My guess is that these lower immigrant wages bring down the average, and are one reason for apparent stagnation of wages.

The solution to this would be to do a time-series study - don't look at the average, but look at the same people and see what happened to their wages.  My sense is that most everyone in the pool is experiencing improving wages, but the fact that new people are entering the pool at the bottom of the wage ladder keeps the average wages for the whole pool flat.

Well, yet another key international soccer match, this time the most important game of all, the World Cup Finals, was decided by penalty kicks.  Penalty kicks are the most absurd way to determine a championship that I can imagine.  They are barely one step removed from a coin toss in terms of their ability to really determine who the best team is.   Its like giving up on a baseball game in the 12th inning and settling it with a home run derby.

I understand that in regular matches and probably in pool play, logistics require that games not go on for hours and penalty kicks make sense.  But by the time you get to the quarterfinals, and certainly the finals, why can't they just play the freaking game until someone wins?  That's what they do in the Stanley Cup, and in US pro football -- each have ways of settling ties quickly for regular season games, but once crunch time comes, they play until there is a winner.  In Wimbledon, they settle sets with tie breakers but come the fifth set, they play until someone wins.  Its not like the stadium is booked for anything else the rest of the day.  And do they really think anyone in the stands is going to get tired and go home?  Pro hockey fans will tell you there is no more compelling time in their sport than overtime in a Stanley Cup Final.  How great would it have been to have just left the two teams on the field until one was a winner, even if that took two more hours?  I mean, they have waited four years for this moment, they can't put in a few more minutes on the field?

As an American non-soccer guy, I have really given this World Cup a chance.  I was in England for much of the tournament, so I not only watched but got to experience some of the excitement of the populous.  And I have, excluding the silly play-acting fake injury thing, mostly enjoyed the games.  But they lost me right at the end.  Settling their once-every-four-years world championships with ridiculous penalty kicks demonstrates to me that soccer types have no respect for their own game.  After just 30 minutes of overtime, they give up on their own game and have teams play a different game to determine a winner. So if they don't have respect for their own game, why should I have any?  Americans are never going to fall in love with a game that decides its championships with the moral equivalent of a coin flip.

Update:  First, though this post was applied to soccer, its not just a soccer rant.  I went on the same rant several years ago when the Olympic ice hockey gold was awarded with a shootout.

Second, I get it that the athletes are tired.  I'm not going to put my toe in the water on the "what sport requires the most athleticism" debate, except to say that soccer is right up there, with its 45 minutes of continuous play each half.  (But I will say that, having personally played rugby for years, rugby is right up there too -- one thing soccer aficionados don't acknowledge is how much physical contact and going down on the ground frequently -- for more than just a fake injury -- takes out of you above and beyond just continuous running.)

My point is that shoot-outs are a different game - they are not real soccer.  Yes they use the same equipment and have roughly the same goal (to get the ball in the net) but by that definition "horse" is real basketball.  Anyone up for settling an NBA finals after two overtimes with a game of horse?  The beauty of soccer is in the passing and the assists, in the clever footwork, in the wing trying to use his speed to turn the corner.  Where are those in a shootout?

If athletes are getting exhausted, it just increases the likelihood that someone will score and end the game, since it is as true in soccer as any other sport that fatigue hurts defense more than offense.  And this might stop teams that play a defensive game in overtime, who are clearly playing for the shootout.

And think of posterity.  No one is going to remember this World Cup final game except to say that Italy beat France on penalty kicks.  But what if the game went 3-1/2 hours in a grueling test of endurance before France finally punched it in, all the players too exhausted to celebrate.  People would talk about the match for years.  I'm not saying you play this way for every run of the mill international competition.  But wouldn't it be nice once every four years to actually decide the championship actually playing soccer, rather than horse?

Update #2: Per a couple of commenters, nothing in this post is meant to imply that sports that are more popular in the US are not without their flaws.  Silly set-piece fist fights in hockey and the unfairness of overtime rules in football (putting too much emphasis on winning the coin toss) come to mind immediately.

I write in this blog often on my frustrations with regulation, but last night I learned, if I did not know it already, that things could be much worse.  I had dinner with some friends in London who are in the middle of a home improvement and renovation project on their 1830's era townhouse.  Now, I just completed a renovation of my own (1980's era) home in Phoenix, and, while home improvement is always frustrating, I at least had few problems with the city.  Phoenix will let you do about anything you want to your home as long as you respect your setbacks and don't install a nuclear reactor.

My London friends were not so lucky.  Their home is rated a class 2 historic structure, which means it gets a bit less scrutiny than class 1 palaces and stuff, but it still comes in for a lot of regulation.  Their plans had to be approved in detail, and I mean in gory detail, with the local history Nazis.  And this is for a building that really has little historic or aesthetic value (the owners would be the first to admit this) in a neighborhood that was nearly blighted thirty years ago. 

My hosts pointed out the dining room lighting, which was really dim (you could not see your food very well) band told me that the authorities would not let them add lighting fixtures to the room.  No doorways, moldings, or walls could be changed.  The funniest example of this was a doorway cut in a wall 20 years ago.  The government inspector came through the house and said "well, that door is not historic but I like it so you can't change it."  They thought the inspector was joking, but, after a lot of effort to get approval to change the door, found out she was not kidding. 

The staircase to the top floor (originally the servant's quarters) was steep and unsafe for their children, but the inspector insisted it could not be changed because the "logic" of having the servant's quarters accessible by a difficult staircase needed to be maintained.  The homeowners rebuttal that they had no servants and were more concerned with safety than the history of class differences in Britain had no effect.  In several cases where the homeowners argued that the portions of their house they wanted to change was not original to the house (and therefore not covered by restrictions) it was made clear that the burden of proof was on them, the homeowners, and not on the government.

As one other funny sidebar, the basements and below grade areas of these homes apparently don't fall under this scrutiny or are exempted in some way.  As a result, everyone in his neighborhood seems to be tunneling out into their backyards to expand their house.  One homeowner bought three adjacent homes and tunneled out enough area for an indoor underground swimming pool.

Can you imagine if someday the US government decided that those 1970's homes were subject to such historic restrictions?  Suddenly, by government fiat, instead of being stuck forever with insufficient lighting and unsafe staircases, you might get stuck with orange shag carpet and gold-mirrored walls.  If you think this is ridiculous, read this.

Suffice it to say, I am tired of a relatively small group of people imposing their wishes on other people's property, a practice I call eminent domain without compensation.  If you want something specific done to a piece of property, then buy it and have at it.

Want to get worked up about price collusion in the oil industry?  Don't waste your time.  No study has ever found collusion effects that raised US gasoline prices more than a few percent, and only for a very short period of time.  The reason is that in a free market, there is too much incentive for new entrants undercutting a price collusion attempt.  Railroads and airlines have probably the most severe economic incentives to collude, and they have never pulled it off for any period of time EXCEPT when the government stepped in to enforce the arrangement (e.g, airline controls pre-deregulation).

If you want to see a real cartel at work raising prices at the expense of consumers, check out this from the Mises Blog:

The raisin agricultural marketing order (AMO), with roots in the
Depression-era Agricultural Marketing Agreement Act, is rationalized as
a way to "stabilize" prices. However, it allows the Raisin
Administration Committee (RAC), controlled by producers, to determine
how much of each crop can be sold, with the rest forced into storage.
That power to jointly restrict output to raise price makes it a cartel.
A cartel with so many members would not usually succeed, and the mere
attempt would be prosecuted if antitrust laws were applied, but AMOs
are enforced by the government, through the USDA...

The RAC "stabilization" is accomplished by restricting sales, often
substantially. "Free tonnage" has been as low as 53% of the crop in
2001, and less than 80% in most years. That helps producers by harming
consumers, turning price "stabilization" into price enhancement....

The raisin cartel's effects on American consumers can also be seen
in the gap between the "free tonnage" prices and "reserve pool" prices
for raisins destined for low value markets. In 2001, those prices were
$877.50 per ton versus $250 per ton; in 1998, it was $1250 versus $357;
in 1984 and 1994, the differential approached 10 to 1.

Congratulations to Gene Wright, who won the first annual Coyote Blog NCAA bracket contest.  Gene only had one of the final four picked (UCLA) but did so well in the opening rounds he had the contest locked up even before last weekend.  Second place was Michael Gunter and third was Bob Houk.  Interestingly, no one out of 34 contestants had Florida in the finals or winning it all.  By the way, yours truly limped in at 24th, though my son helped uphold the family honor at 10th.  If you were not in the pool, you can still click here and enter email "coyote -at- coyoteblog -dot- com" and password "coyote" to see all the results.

By the way, I highly recommend the www.pickhoops.com site for your brackets.  It costs $9 to set up, but it has no ads, the registration is MUCH less intrusive for your players than free sites like Yahoo, they have great analysis options, and they are much faster at posting results.

Congratulations to Gene Wright, who has a strong lead in the pool with 151 points.  Michael Gunter is in second with 143, and Bob Houk in third at 138.  For those playing, make sure to check out this page, which takes all the various possible combinations of future wins and losses in the tournament and calculates probability of winning.  This analysis gives Gene a 60.9% chance of winning it all, followed by Bob at 23.4% and Michael at 12.5%.  Don't worry, your faithful author Warren Meyer, despite being at 21st right now, is just lurking to give everyone a false sense of confidence.  I have a 3.1% chance of victory which depends on Texas taking it all.  Hook 'em horns!

We had over thirty entries this year for our bracket pool.  Good luck.  After three games, your host Coyote is in.... Last!  Woohoo.

Note: This post sticky through 3/16.  Look below for newest posts.

As promised, we are proud to announce the first annual Coyote Blog NCAA Bracket Challenge.  Yes, I know that many of you are bracketed out, but for those of you who are self-employed and don't have an office pool to join or who just can't get enough of turning in brackets, this pool is offered as my public service.  In particular, I invite bloggers who are experiencing post-Weblog-Award depression to reignite the spirit of online competition.  I mean, why should NZ Bear have the monopoly on ranking bloggers? 

I don't know if we will get 1 or 100 entries, but all are welcome, so send the link to friends as well.  There is no charge to join in and I have chosen a service with the absolutely least intrusive log-in (name, email, password only) and no spam.  The only thing I ask is that, since my kids are participating, try to keep the team names and board chat fairly clean.

To join, go to http://www.pickhoops.com/Coyote and sign up, then enter your bracket.

Scoring is as follows:

Round 1 correct picks:  2 points
Round 2:  4
Round 3:  6
Round 4:  8
Round 5:  10
Round 6:  20

In honor of the Blogfaddah, we have added the special "Army of Davids" bonus scoring:  If you correctly pick the underdog in any round (ie, the team with the higher number seed) to win, then you receive bonus points for that correct pick equal to the difference in the two team's seeds.  So don't be afraid to go for the long-shots!

OK, so what about the prizes?  Well, fame and recognition on this weblog should be enough, but, for those who enjoy recreation, my company will give the winner a choice of 3 nights free camping at one of the public campgrounds we run, or a half-day jet ski rental at Lake Havasu, or a half-day boat rental at Burney Falls State Park in California, Blue Mesa Reservoir in Colorado, or Patagonia Lake in Arizona.

Disclaimer: I sincerely hope that there is something about this purely recreational activity that violates the ridiculous gambling laws we have in this country, because I feel the need to protest them at every turn.  For example, can any politician explain to me why gambling in many Midwestern states is moral on a boat but immoral and therefore illegal on dry land next to the boat?

Update:  We already had a number of entries in the first hour this was up, so it looks like it is going to be a lot of fun.  Go ahead, sign up, it just takes a few minutes.  You don't have to know that much about basketball -- last year our family's tournament was won by an 11-year-old girl.

Everyone seems worked up about Yale admitting an official of the Taliban as a student.  While I find the guy in question pretty bankrupt, I'm not sure I am very excited about starting down the path of vetting potential college applicants against some political extremism standard.  I am sure there are any number of Ivy League freshmen whose beliefs I would find horrifying, but I don't feel the need to start culling them out.  I do find it odd that Yale would have recruited this guy like he was some kind of rock star, and celebrated his choice of Yale as if he was some prize. 

As I have written to my Alma mater Princeton on any number of occasions, I think that Ivy League schools are making a huge mistake which is tangentially related to Yale's Taliban student.  If the University of Texas had accepted him as one of 10,000 or so in their freshman class, there would not be so much outcry.  But this is an Ivy League school, with 20,000 or more kids competing for 1500 freshman spots.  Every parent tends to think, "so my kid with straight A's and a 1350 SAT and 200 hours of community service got turned down at Yale so a misogynist fascist with a 4th grade education can attend?"

Instead of arguing about admitting one less Taliban guy, I urge Ivy League schools to find a way to bring their higher quality of education to many more people.  Princeton, Harvard, and Yale each have endowments over $10 billion each, and they use this money every year to increase the education intensity to the same 1500 people per class.  Every time I go back to visit campus, I see more buildings, equipment, facilities, professors for the same 1500 folks.  Enough!  At some point there has got to be a diminishing return.  It is time for someone in the Ivy League to take the leadership to redefine their mission away from the current facilities arms race with the other Ivy's and towards a mission to broaden their reach in the country.  Instead of yet more molecular biology equipment for the same 1500 people per class, lets find a way to bring a Princeton education to, say, 6000 people a class.  Lets quadruple the size of the Ivy League.

Of course, the Ivy League conservatives (which means, in this context, everyone who graduated before this year and all of the faculty) fear this change.  The last thing the faculty, who we know to be in charge of the asylum from the whole Sommers affair, want is to have more students to teach -- they want the toys.  And alumni fear that somehow the "essential essence" of the university might be lost, though everyone made that same argument when these schools went coed and few today would argue to reverse this decision.   Administrators argue that the freshman pool would be diluted, sort of like the argument about pitching in baseball after expansion.  But one only has to look at admissions numbers to see that quadrupling the freshman class size would cause the Ivy's to lower their standards to... about where they were when I got in!  (If your SAT scores are in the 98th percentile you still have only a 10% chance of getting into Princeton or Harvard.)  The fact is that the pool of high school students in the upper echelons and Ivy-ready has grown tremendously in the past few years, causing Ivy's to narrow their admissions qualifications to near ridiculous levels, with average SAT scores in the stratosphere, hundreds of hours of community service, multiple sports letters, and consultant-aided choices of special activities to differentiate students from the crowd (e.g. bagpipes or falconry).

I understand that this is difficult -- just the issue of physical space is daunting.  But these are the leading Universities in the world.  Surely there is enough brainpower to figure it out if the mission is accepted.  The University of California has of late been doing a lot of interesting things to bring college education to the masses, and dealing with the fact that the number of people who can afford the cost and time of a college degree has increased exponentially.  I think the Ivy League needs to work through the same exercise at the top end of the bell curve.  They need to address a similar near exponential expansion in the number of students who are "Ivy-ready."

Apparently, though I can't dig up a link right this second, Wal-mart is putting its support behind a higher minimum wage.  One way to look at this is a fairly cynical ploy to get the left off its back.  After all, if Wal-mart's starting salary is $6.50 an hour (for example) it costs them nothing to ask for a minimum wage of $6.50.

A different, and perhaps more realistic way to look at this Wal-mart initiative is as a bald move to get government to sit on their competition.  After all, as its wage rates creep up, as is typical in more established companies, they are vulnerable to competitors gaining advantage over them by paying lower wages.  If Wal-mart gets the government to set the minimum wage closer to the wage rates it pays, it eliminates the possibility of this competitor strategy.  Besides, a higher minimum wage would surely put more low-skilled people out of work, increasing the pool of people Wal-mart can hire  (and please do not bring up the NJ convenience store study that supposedly shows that higher minimum wage increase employment - no one in their right mind really believes that demand for labor goes up when the costs go up).  I am not sure what the net effect on Wal-mart's customers would be -- some would have more money, from higher wage, and some would have less, from fewer hours or due to being laid off.

I have defended Wal-mart in the past, but I am going to stop if they become the new auto or steel industry and use the government to protect their market position.  Already they are losing my sympathy with their whoring for local relocation subsidies and eminent domain land grabs.  I wrote on minimum wage from a small business perspective here.