Friday, August 22, 2008

External Hard Drive

Email sent:

Hi all, I have here in my cabinet an external hard drive. I do not know how it got there. It was not there when I left. It is brand new, never been opened (500GB). It was not in a shipping package so I have no way of knowing where it came from. Reggie said she didn't know anything about it either. Please let me know if it belongs to you or you know of someone or a team that is missing one.

Reply:

Could you please give further details on what an 'external hard drive' is? I am an avid golfer, but I have never heard this term used. Also, 'GB' is a term for distance that I am not familiar with, I usually calculate the distance of my drives in yards. Does this have to do with NASCAR? I must confess I do not watch that sport. Also, I think you need to check your usage of the word drive. Is that word not a verb?? You keep referring to drive as if it was a noun, How do you box and take possession of an action? Finally, I think that it is unfair to point out that Reggie knew nothing of this, because I knew nothing either and I can't believe we are the only ones that don't understand.

Thank you for your consideration in clarifying this email.

Truly,

George

1 comment:

Anonymous said...

Computers and email were supposed to improve efficiencies. It looks like you are improving the efficiency of inefficiency. Truly.

To illustrate my point, I think I will add a big bloated section to this comment which will serve no other purpose that to take up a lot of "cyberspace" and perhaps get a momentary chuckle. To that end, I will employ my childhood technique of copying straight out of the encyclopedia for a report. Here is a direct cut and paste quotation from the wikipedia entry for inefficiency:

The term inefficiency has several meanings depending on the context in which its used:

* Allocative inefficiency - Allocative efficiency theory says that the distribution of resources between alternatives does not fit with consumer taste (perceptions of costs and benefits). For example, a company may have the lowest costs in "productive" terms, but the result may be inefficient in allocative terms because the "true" or social cost exceeds the price that consumers are willing to pay for an extra unit of the product. This is true, for example, if the firm produces pollution (see also external cost). Consumers would prefer that the firm and its competitors produce less of the product and charge a higher price, to internalize the external cost.

* Distributive Inefficiency - refers to the inefficient distribution of income and wealth within a society. Decreasing marginal utilities of wealth suggests that more egalitarian distributions of wealth are more efficient than unegalitarian distributions. Distributive inefficiency is often associated with economic inequality.

* Economic inefficiency - refers to a situation where "we could be doing a better job," i.e., attaining our goals at lower cost. It is the opposite of economic efficiency. In the latter case, there is no way to do a better job, given the available resources and technology.

* Keynesian inefficiency - might be defined as incomplete use of resources (labor, capital goods, natural resources, etc.) because of inadequate aggregate demand. We are not attaining potential output, while suffering from cyclical unemployment. We could do a better job if we applied deficit spending or expansive monetary policy.

* Pareto inefficiency - Pareto efficiency theory says that one person could be made better off without making anyone else worse off. In practice, this criterion is difficult to apply in a constantly-changing world, so many emphasize Kaldor-Hicks efficiency and inefficiency: a situation is inefficient if someone can be made better off even after compensating those made worse off -- even if the lonely hour of compensation never comes.

* Productive inefficiency - says that we could produce the given output at a lower cost -- or could produce more output for given cost. For example, a company that is inefficient will have higher operating costs and will be at a competitive disadvantage (or have lower profits than other firms in the market).

* Resource-market inefficiency - refers to barriers that prevent full adjustment of resource markets, so that resources are either unused or misused. For example, structural unemployment results from barriers of mobility in labor markets which prevent workers from moving to places and occupations where there are job vacancies. Thus, unemployed workers can co-exist with unfilled job vacancies.

* X-inefficiency - refers to inefficiency in the "black box" of production, connecting inputs to outputs. This type of inefficiency says that we could be organizing people or production processes more effectively. Often problems of "morale" or "bureaucratic inertia" cause X-inefficiency.