About this time, every year, half the world’s population performs a mystical ritual of moving their clocks by one hour.
Anyone I ask, “why?”, just smiles sheepishly and has difficulty explaining how this will make the world a better place.
Upon digging deeper, it seems that the original idea was a scam left over from last century.
The printers’ union in the U.S. conspired to support the ‘daylight saving’ campaign as it would cause two different train schedules to be printed every year, instead of the previous once per year.
This is a classic example of what economists call “Public Choice Theory (PCT)” where the concentrated benefits flow to the select few (the printers) with the costs spread amongst the many (the public).
Somehow they got away with it and this continues even though no one uses printed schedules anymore.
Perhaps there are many other obsolete regulations that continue to burden us.
I wonder how many other examples we can identify.
Let’s make a game of hunting them down and killing them off, like the Onion Board, the Egg Board and, more recently, the Potato Board.
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