How a proto-Economist Runs for Charity

by on July 24, 2006 at 7:03 am in Economics | Permalink

Back in high school we had a run for charity, x laps around the track for so many dollars per lap.  I forget the charity but showing early signs of an economic mind, or perhaps a lazy body, I decided that it would be much more efficient to get the money and avoid the running (today, I would say avoid the rent seeking).   Thus, I solicited donations with the promise that I would run just one lap

Unsurprisingly, the other students were most displeased when I sauntered around the track finishing just as everyone else was beginning to work up a sweat.  More surprisingly, the charity organizers didn’t like my methods even though I raised a lot of money.

I had to go to graduate school in economics before I really began to understand why.  Eric Crampton, subbing for Bryan Caplan at EconLog, has the details.

By the way, its been said that crazy people go to graduate school in psychology in an effort to understand themselves.  Perhaps the socially obtuse go to graduate school in  economics for reasons that are somewhat similar.  See here on yours truly and also Greg Mankiw’s related comments.

Sandy July 24, 2006 at 9:20 am

In computer programming, we have a saying: “A lazy programmer is a good programmer.” I.E., one who figures out the least-effort solution to a problem is usually the most creative and efficient.

Computer programmers are also known for a lack of social skills. So is there a corellation between efficiency and social friction?

Bernard Yomtov July 24, 2006 at 12:47 pm

In computer programming, we have a saying: “A lazy programmer is a good programmer.” I.E., one who figures out the least-effort solution to a problem is usually the most creative and efficient.

In my long ago programming days it seemed to me that a lazy programmer was a sloppy programmer.

Buce July 24, 2006 at 1:07 pm

Could be that it takes an 800 math score to explain or justify one’s incapacity to comprehend ordinary human emotions.

Darin London July 24, 2006 at 3:37 pm

Larry Wall, creator of the Perl Programming language, exalts laziness, along with hubris and impatience, as the three virtues of a great programmer. It all boils down to the type of laziness. If the programmer wants to minimize future work, in terms of doing the same task over and over again, she will exhibit proper laziness by writing a single program to do that work for her.

Swimmy July 24, 2006 at 4:31 pm

So is there a corellation between efficiency and social friction?

Considering that most social interaction is composed of ultimately wasteful communication designed to make insecure people feel more at ease (small talk, most mannerisms, your standard Asperger’s problem areas, etc.), I’d say so.

(Can you tell I’m an econ major?)

Martin Gordon July 25, 2006 at 7:21 am

This is so funny considering the email I got at work a few hours after reading this post (edited for privacy):

“Greetings,

I am riding in the Delaware MS Bike to the Bay with my daughter [name], a high school senior!

This is my 11th year of riding and fund-raising for MS.

My other kids are not available this year as my oldest daughter [name] is running a marathon in October and Scott is studying in China.

We are preparing for the 150 mile weekend by cycling more often and for longer periods of time.

Last year we contributed $3,531 to MS! The same as the previous year. You are all extremely generous. This year I am going back to the significant goal of $3,500.

[name] is again our honorary rider as we dedicate our ride to her. Others we know with MS are honored too.

Multiple Sclerosis is an unpredictable disease that randomly attacks your nervous system, wearing away the control you have over your body, e.g., numbness, paralysis and blindness. The research is making great progress and the local services are helping many.

It takes more than half of [the company's employees] to reach our goal, please help those with MS.

Sign up now — E-mail reply or use kitchen sign-up sheets. Checks to “MS Society” or cash can be submitted now or in late September.

You can use your credit cards as several did last year. http://www.msdelaware.org -> Epledge icon

Thanks,

[name]”

It covers pretty much everything hit on in the article. There’s the whole prep time and the long, arduous event that will take hours to complete. Luckily email doesn’t require a response and I doubt he’ll come by and solicit donations in person, so I don’t have to be the one to break it to him how economically inefficient the activity he’s partaking in actually is.

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