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Court generated revenuesthe part that the town gets to keepaccount for about 13 percent of all revenue generated for the Paradise Valley general fund. That is far more than other Arizona cities, which typically raise less than 5 percent of their general fund revenue through the courts, but still less than Ferguson. Volunteer judges are a big reason the cost of run ning the towns court is so low, said Tyrrell Taber, pre siding judge of the Paradise Valley court. The city also has invested in technology and other improvements that increase efficiency and customer service, he said. Taber, who serves on a two year term, said he has never been pressured to raise revenue by the mayor, council, or any other city official, and would not tolerate it if he ever was. As to the language in town budgets touting the courts revenue raising prowess, Taber said he is required to report that information to the state. Noting it in budget documents is a statement of fact. Its not something that we would try to hide or disguise in any way. It is what it is, he said. The problem you have with any municipal court is the perception is that every municipal court is there for purposes of trying to make money. The answer to that is not ours.
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Again. While my procrastination had left me with a bit more work and little less time than Id like, it did give me my question. Why do we procrastinate?Fortunately Im not the first to ask this question and so I turned to the economic literature looking for an answer. So, why do we procrastinate?According to behavioural economists, people have a tendency to over value the present, or conversely to over discount the future Lambert, 2006. Essentially, even though getting the work done now may save us stress and sleepless nights in the future, we underestimate just how much stress that saves us as we put a greater value on relaxing increasing our utility in the present. Now, you might think that this doesnt explain why we continue to procrastinate in spite of ample at least in my case experience of its consequences. However, in a 2008 more in depth investigation was carried out by three economists Brunnermeier, Papakonstantinou and Parker using the Planning Fallacy framework. According to Planning Fallacy, we measure our well being as our average lifetime utility. In light of this averaging, the optimistic mind set which underestimates the work required to meet a deadline actually increases our average utility as the inconvenience of doing work at the last minute is small compared to the benefit of, well, not worrying about it. Brunnermeier et al. didnt stop there.
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S. postage stamp, and yet again when, in 2003, PBS aired "Horatio's Drive" about a doctor, his chauffeur, and his faithful dog Bud who made the trek cross country, from San Francisco to New York, in their trusty Winton. Only 19 when he arrived in the U. S. , Scottish immigrant Alexander Winton got work as an engineer on a steamship, then hired on at the Delameter Iron Works in New York and, later, at a marine engine shop. In 1884, he made his way to Cleveland, Ohio, where his sister lived and where he found work as a superintendent in an iron factory. Then, in 1891, with some help from his brother in law Thomas W. Henderson, he opened the Winton Bicycle Co. where he manufactured bicycles according to a design he had patented. While that enterprise flourished, it wasn't long before the motor carriage bug bit him hard, just the way it had bitten other early bicycle manufacturers. Winton built his first single cylinder automobile in 1896, exhibiting it to Cleveland newspapermen that October.
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The point is not to shift our fear to oceanic white tips, which are, in fact, critically endangered. Our fear of sharks seems to make us indifferent to what happens to them, even though they are an essential part of the ocean ecosystem. We are also much more of a danger to sharks than they are to us. We kill them by the millions every year. Neither should we shift our fear to other, more lethal animals, which will likely result in the same indifference to their role in the ecosystem. The point is rather to consider how well you make decisions when you only factor in the stories of the survivors.