Stripper’s earning potential affected by hormone cycle

A fascinating study took place that followed the earnings of 18 strippers over almost 300 shifts. It shows two things:

  1. Female strippers who are not on the pill and at their most fertile time of the month earned on average $70 per hour, twice the $35 per hour that those strippers not on the pill and at their least fertile time earned.
  2. Female strippers on the pill earned a consistent amount through the month.

Read more details about the study here. Read the actual study here.

(Sorry, no picture for this post…)

The Chicago Bureaucracy

I recently spent a miserable 2 hours and 15 minutes at the Chicago Department of Business Affairs & Licensing, and wanted to share my experience in case anyone in the Mayor Daley’s bureaucracy is listening.

My experience
Our company was recently given a fine for not having and posting a City of Chicago Business License. Well, we didn’t know we were supposed to have one. So, fine, I was going to figure this out.

I go to the city’s website and request to schedule an appointment online. The website says “Your appointment will be confirmed via email within one (1) business day from receipt of the original request.” Two business days come and go, and I hear nothing, so I decide to call them.

Two days later, I go for my appointment. In preparation, I had spent 30-40 minutes gathering information for and completing the 2 page application. I arrive, check in, and am told to wait in the waiting area with about 30 chairs, 15 other people, and CNBC blaring at a ridiculous volume. A giant painting of Mayor Daley watches over us paternally, and signs below him indicate in big letters that

  1. All cell phone use is prohibited, and
  2. The office is monitored by the Chicago Police Department, should I decide to do something rash because of, say, extreme frustration at the process I am about to endure.

10 minutes after arriving, the “Business Consultant” with whom I have an appointment (let’s call her Joan) calls me in. I sit in Joan’s cubicle and give her my 2 pages of forms. I then proceed to watch quietly as she very slowly copies the information on my forms into her computer. During the process, she asks me to clarify a few things (e.g. “What are the home addresses of the members? What does this word say?”) This takes 30 minutes. To enter… 2… pages… of… forms…

Joan then tells me to wait in the waiting area for a response, which will be approximately 20 minutes.

40 minutes later, as I’m trying to figure out why its taking so long, Joan finally calls me back in. We sit at her cubicle again, and she explains to me that the city’s zoning division could not approve our city license without asking a single follow-up question: do we do repairs on-site? No, no repairs. “Okay, I will convey that information to them. You will need to wait outside for another 20 minutes for the zoning department to review your answer and approve your license.“

What?

So, I head back out into the waiting area, where members of a CNBC panel are yelling at each other about whether mortgage rates will rise or fall. This time I notice that, while waiting for a response, she had called in two other people to help them out. I’m all for parallel processing, but if what could have taken less than 5 minutes to get a response now requires me to wait 30 minutes because Joan decides to see two other people, I tend to get frustrated.

Joan finally appears. She tells me that the license has been approved, and I can either wait for it to be printed, or have it mailed to our business. I figured, since I’m here, I will wait. What’s a few more minutes?

I pay for our license ($250), taking another 5 minutes, and sit back down to wait.

I should have had it mailed. Another 20 minutes pass before I am called back up and given a license.

Why is this frustrating?
I spent over 2 hours at the Chicago Business Affairs & Licensing Department. ~75% of my time there was spent waiting, the other 25% spent watching Joan type in my information. My company had to pay me to wait, and my tax dollars had to pay for Joan to be an overpaid order entry monkey.

Why could I not have just typed this form into a website directly? Sure, some people will not be able to follow simple instructions online, and will require someone from the city to walk them through it. But my guess is that this comprises no more than 30% of business owners who come into the department.

Come on Chicago, get with it! The cost of this license wasn’t $250. It was $250 + my >2 hours + the “Business Consultant”‘s time + overhead maintaining a giant Business Affairs & licensing Department.

The kicker
Two days after this ordeal, I get a call from the Business Affairs & Licensing department. They are calling to respond to the original website submission, to help me schedule an appointment. Remember that one? The one that was supposed to be “confirmed via email within one (1) business day from receipt of the original request.”? Right. It took four business days to give me a call.

RLS

You may have been comfortable not knowing this existed, but I’m about to clue you in on a new drug. It’s called Requip, and it can treat Restless Leg Syndrome. That’s right, you read correctly.
Straight from TreatRLS.com:

Do you have trouble falling asleep because of strange sensations in your legs? Do you dread long business meetings, going to the movies, or traveling on an airplane because you know your restless legs won’t let you sit still?

How did I learn of this new medical condition? The way I learn about all new medical conditions these days: a TV commercial telling me that I may have it, then telling me how I might cure it.

The best part of the website is the warning:

Also tell your doctor if you experience new or increased gambling…

RLS

You may have been comfortable not knowing this existed, but I’m about to clue you in on a new drug. It’s called Requip, and it can treat Restless Leg Syndrome. That’s right, you read correctly.

Straight from TreatRLS.com:

Do you have trouble falling asleep because of strange sensations in your legs? Do you dread long business meetings, going to the movies, or traveling on an airplane because you know your restless legs won’t let you sit still?

How did I learn of this new medical condition? The way I learn about all new medical conditions these days: a TV commercial scaring me into believing I may have it, then telling me how I might cure it.

The best part of the commercial is the warning:

Also tell your doctor if you experience new or increased gambling…

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Antibacterial Soap

New research concludes that plain soap is as effective as antibacterial soap in the consumer setting.

[W]ashing hands with an antibacterial soap was no more effective in preventing infectious illness than plain soap. Moreover, antibacterial soaps at formulations sold to the public do not remove any more bacteria from the hands during washing than plain soaps.

Anojja, this one’s for you.

Is TV good for Indian Women?

This article from the Economistophile’s Marginal Revolution (emphasis my own). To important to summarize, so I will copy the whole thing.

Cable and satellite television have grown rapidly throughout the developing world. The availability of cable and satellite television exposes viewers to new information about the outside world, which may affect individual attitudes and behaviors. This paper explores the effect of the introduction of cable television on gender attitudes in rural India. Using a three-year individual-level panel dataset, we find that the introduction of cable television is associated with improvements in women’s status. We find significant increases in reported autonomy, decreases in the reported acceptability of beating and decreases in reported son preference. We also find increases in female school enrollment and decreases in fertility (primarily via increased birth spacing). The effects are large, equivalent… to about five years of education in the cross section, and move gender attitudes of individuals in rural areas much closer to those in urban areas. We argue that the results are not driven by pre-existing differential trends. These results have important policy implications, as India and other countries attempt to decrease bias against women.

Employer charging unhealthy employees

I love this idea.

In late June, the Indianapolis-based hospital system announced that starting in 2009, it will fine employees $10 per paycheck if their body mass index (BMI, a ratio of height to weight that measures body fat) is over 30. If their cholesterol, blood pressure, and glucose levels are too high, they’ll be charged $5 for each standard they don’t meet. Ditto if they smoke: Starting next year, they’ll be charged another $5 in each check.

In short, the healthy will not subsidize the unhealthy as much.

Question 1: Is this move legal? The article hints that this is within the guidelines of HIPAA. However, is this/could this be a form of discrimination? There is more discussion of this at the end of the article.

Question 2: Will these penalties even matter? The average consumer carries over $8000 of credit card debt, probably at a very high interest rate. There are many many options to consolidate that debt to lower interest options and save thousands in interest per year. Would a consumer that does not take charge of their credit card debt, notice and take charge of deductions off of their paychecks?

Despite the outstanding questions, I applaud Clarian Health for taking the lead in fighting rising costs.

What is “bump”?

I have been spending a fair amount of time on forums these days. One constantly confusing post that I would see is a single word, “bump”, with no other content in the post.

Finally, after seeing it today, I decided to look up the answer:

To bump a thread on an Internet forum is to post a reply to it purely in order to raise the thread’s profile. This will typically return it to the top of the list of active threads. BUMP is sometimes used as a backronym for “Bring Up My Post/Post count” or as a recursive acronym “Bump Up My Post”.

Thank you Wikipedia!

PowerPoint and the MBA, a required combination


Hot off the wire, Chicago GSB became the first school to require a PowerPoint component to their application. The interesting part? There are only three general guidelines:

  • Four slides
  • No video
  • No hyperlinks
  • No flash

Other than that, go nuts.

Reminds me of Stanford’s up-to-7 page application essay #1 (“What matters to you most, and why?”), or NYU Stern’s Personal Expression essay (“Please describe yourself to your MBA classmates. You may use any method to convey your message”). This seems to be a good middle ground – fun and open, yet not so unstructured that you would need to struggle with logistics and choice of medium.

My guess is that the school is going to let in more consultants and fewer engineers with this requirement. The idea is interesting and I think it will be fun to watch. Perhaps more interesting will be the MBA applicant community’s response to this.