Category Archives: Economics

Business, Culinary, Economics, Media Criticism, Political Commentary

The Fast-Food Pay Strike

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Is it the dumbest strike ever?

Well, that’s stiff competition, but I suppose some strike has to be.

This is fundamentally a Marxist strike. That is, their argument is not that they should be paid more because they are really worth more, but because they can’t live on the wage it pays (“…to each according to his need”). If they can’t live on burger flipping, then they should get a better job. If they can’t find a better job, maybe they should complain to the moron that most of them helped put in the White House who is waging war on job creators.

Business, Economics

The Airline Business

4 Comments

I have a late-afternoon flight out of Tucson to LAX, but the business that I thought I had in Tucson today has fallen through. There’s a morning flight with seats available.

In days of yore, American would have let me go standby on an earlier flight same day with no change fee, which makes business sense, because if they can satisfy their commitment to me to get me where I want to go earlier at essentially no cost other than fuel to carry my weight (assuming that the flight isn’t full), they have an opportunity to sell my seat (at $252 according to a quick check) on the later flight.

Apparently, the suits have decided that they’d rather charge me $75 bucks for the change. Now, it would be nice to get home earlier, but it’s not worth $75 to me, because I can do work here and just catch the later flight. So they just lost the opportunity to sell that seat on the afternoon flight. I guess they think this makes business sense, and maybe they have revenue models that indicates it does, but I’m annoyed.