Imagine you buy for X, and sell to some supermarket for Y, and they pay you in T time.
Optimum Y is not related to X, but the price when you replace the stock. ( let's say X2 ) When supply has problems, or economy is unpredictable, it is harder to predict X2, so usually your estimation is a bit off.
So you have to have bigger margin to cover for this estimation error. ( assume the worst )
So they increase margin to cover for uncertainty and incorrect estimations. And in case the original estimations were right, the higher profit is just unintended consequence.
Since it's not market optimal, after they note the extra profit, why don't they lower the prices or hire more workforce or expand?
Or at least share the windfall with employees indirectly boosting the economy total, including their own position?
(Yes, equilibrium economics is a joke even when law of big numbers is involved.)
The rather soulless economics answer is that the companies want to make the same profit as before the inflation, so they need higher margins on individual sales to make up for the reduction in volume. Since demand doesn't drop, this is a feasible strategy.
That answer doesn't make sense, because surely, companies want to increase their profits regardless of whether inflation is happening or not.
The real answer is that when inflation is happening, it provides an easy excuse for raising prices far beyond the cost of your inputs. Everyone expects prices to go up, so they don't balk at yours going up faster than inflation.
The idea is that the company normally prices their products at the intersection of supply and demand, where there is maximum profit. When supply is artificially constrained, they raise prices to the corresponding spot on the curve. This is not as profitable as before, but it's the new local maximum.
It's one of those simple macro-econ models that sound good, but never play out in real life because humans aren't calculators. The reality is a mix of both, probably more of your explanation.
Supply drops mean price increases. Goods have multiple inputs but don’t see equal increases across the board. Ie rent isn’t going up in a grain shortage.
Critically higher profit margins doesn’t necessarily translate to higher profits because you’re selling fewer goods.
Because a lot of companies are using "inflation" as an excuse to raise prices.
Remember, prices generally are a function of the cost the market will bear. If the general public will pay more for something, why not rise the price? If everyone is rising their prices at the same time, you have less pressure to compete on prices.
Someone more experienced at C can jump in and correct me but from my understanding you're correct, you download the files. You could use git to create subrepos for dependencies in a directory in your project, too. When I've asked this question before those were the answers I got.
I saw a project called conan.io, looked interesting.
I know Microsoft created vcpkg.io aswell.
I’m too used to Ruby and how gems are installed, I think I’m looking for a similar experience in C where you find the lib you want, install it and include it in your code.
Yeah I looked at conan and you can specify git projects to install which is nice. I expect vcpkg to be great for a Windows / Visual Studio setup but I'm on Mac/Linux so haven't really looked. Even with Conan I've not found something as nice as gems/pip/npm for ease of use and it's one of the reasons I end up looking at Rust - because cargo is so familiar to me from a Python background.
Edit: I saw a project recently written in C++ and they had subrepos in a `deps/` directory and then linked to those, so it was all manually managed. If I were to make a new project in C++ I think that's how I'd go too.
That’s not unhealthy, that’s good! Carry a moderately heavy bag to and from school is hardly difficult, or shouldn’t be, and that sort of weight will be from larger books meaning older children anyway. We have an obesity crisis in most countries - now is not the time to worry about older children/teenagers carrying a couple kilos for a short period each day.
I cannot remember a single person complaining about a heavy rucksack when I was in school a decade ago - by 13 we had CCF so had to go hiking with much heavier bags on the weekends. At 15.5 you can join the military schools and you’ll be carrying 25kg. This shouldn’t be a worry unless you’re physically disabled or something. Duke of Edinburgh involves hiking 13k a day with all your camping equipment and food at 12 years old over a weekend. Etc…
You'll not solve obesity by forcing them to carry books. On the other hand you can create some deformations on their spinal cord, esp if weight is not distributed correctly.
If you want to solve obesity, invest in education about healthy food and how to cook it, since usually bad food is the reason or extra calories
I wager more children get issues from bad posture on computers than carrying a mildly heavy bag from class to class… Honestly to me the worry of children’s backs carrying a couple textbooks is the epitome of the ‘nanny state’. Say a child has five different classes in a day, that will be five textbooks, some notebooks, a pencil case, and a packed lunch. Maybe also sports clothes. If a child can’t carry that (and I’m thinking 7+ here, but realistically you carry larger text books later in your school life) then they have some health issues already.
If they do have health issues accommodations should be made of course! But the vast majority can carry a couple books.
I agree fighting obesity is not going to be solved by carrying books BUT I think this attitude towards coddling children is partly responsible, along with food as you mention which is also very important.
Edit: Just so this isn’t anecdotal points, here’s a survey that found no evidence backpacks cause issues in children https://bjsm.bmj.com/content/52/19/1241
I wouldn't be surprised if 25kg kids would need to carry 5kg bags.
When I was a teen, I had to carry 10kg and I am sure I wasn't over than 35kg at that time. I was particularly slim but not as slim as some kids I am seeing today.
25kg is the average weight of a 7 year old girl, so I think it’s fair to say the youngest lightest average child in school.
Id be interested what Grade 1 girls are carrying around that’s totalling 5kg - that’s three hardcover undergrad physics textbooks lol. And even if they do combine to 5kg, there’s no evidence it causes any harm to children!
Nowadays if you create a new account it’ll get briefly banned while they do additional checks to ensure you’re human, which is fixed by giving a phone number. Id almost appreciate just asking for one on signup then the charade
That's not always the case. Sometimes it asked me for a phone number, but most of the time not when not using a VPN or something similar. But last year I managed to create two Twitter accounts with the Tor browser and some sketchy email address and never got asked for a number, just had to do some captcha after a few minutes.
The various Meta properties do this too, except instead of phone numbers they require government ID and headshots. It’s all a scummy dark pattern relying on the sunk cost fallacy.
How's it take you a minute to close cookie banners a day? Imagine the damage companies like FAANG are doing with their adverts, if you try the many minutes per day in your calculations!
Also, this is a UX issue with the site, not an issue with the EU. The EU wants companies to outright ask permission to collect your data and sell it. I can't think of another organisation at that level so pro-individual against big tech, can you? If cookie clicking is an issue, use companies that don't collect your data.
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The EU states, “beverage containers that are single-use plastic products should only be allowed to be placed on the market if they fulfil specific product design requirements that significantly reduce the dispersal into the environment of beverage container caps and lids made of plastic.” Article 6 of the directive gives a more detailed insight. According to this article, caps and lids made out of plastic may be placed on the market only if the caps and lids remain attached to the containers during the products’ intended use stage. Tethered caps will become mandatory in the EU in July 2024.
"""
Why is this a thing? Because plastic lids are made of a harder plastic that doesn't degrade as quickly and is much less recycled than the bottles themselves. How prevalent is this? In the last 30 years 20 million bottle caps have been found on beaches alone in Europe during clean-up work. They are in the top 5 ocean trash items that ultimately kill wildlife. This is only a small snapshot of the ultimate number of bottle caps not recycled aside their bottles.
To fix this, the EU suggest tethering the lid to the bottle so they're less easily lost and more likely to be recycled properly. 20 companies are responsible for the majority of throwaway plastics in the world, so this change is required in only a few places but could have a large net-benefit. Ultimately this is something that can only come from top-down optimization - why? Because it increases costs for each bottle.
> This new bottle cap design requirement must have created a new economy for producing these bottle caps for all of the containers, someone profited.
Companies lost money from this and tried to lobby to avoid it by trying ideas first, and then tethering if those failed.
> There are massive problems around waste that no one there dares to approach, so they make these weird directives that just smell of corruption and incompetence.
Why can't we tackle the small and the large?
> Many cities, to avoid fines, provide separate containers, but in the end just throw everything on the same pile.
Depends on the city/country, but the primary issue with lids is wildlife harm in my opinion so this does fix that issue.
