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2 - Orono Weekly Times, Wednesday, June 11,2003 |fn' Subscriptions $29.91 + $2.09 GST = $32.00 per year. Publications Mail Registration No. 09301 • Agreement No. 40012366 Publishing 48 issues annually at the office of publication. "We acknowledge the financial support of the Government of Canada through the Publications Assistance Program (PAP) toward our mailing costs. " Orono Weekly Times 5310 Main Street, P.O. Box 209, Orono, Ontario LOB 1M0 Email: oronotimes@speedline.czf e Phone/Fax 905-983-5301 Publisher/Editor Margaret Zwart The Orono Weekly Times welcomes letters to the editor on subjects of interest to our readers. Opinions expressed to the editor and articles are those of thp writers and do not nee- essarily reflect tltf opinions of the Orono Weekly times. Letters must be signed and contain the address and phone number of the writer. Any letter considered unsuitable will not be acknowledged (/returned. We reserve the right to edit for length, libel and slander. If your retail or classified ad appears for the first time, please check carefully. Notice of an error must be given before the next issue goes to print. The Orono Weekly Times will not be responsible for the loss or damage of such items. Minors face major frustration By Laura Williamson The life of a student is very frustrating. We are educated for 14 years then have to decide our future, but somehow it doesn't seem enough! Most of us will have just turned 18, or will still be 17 upon graduation. We can't legally drink or buy cigarettes, but are forced to figure out the rest of our lives before we are legal adults. Being 17 at the moment, I have little idea of what I will do for the rest of my life, but must choose now so that universities will accept me on my grades for certain classes pertaining to the course I will go into. How, at this early age will I know all the jobs that are offered, and be able to choose my destiny? My day-to-day life has the most influence on how I will choose my career. I'm the type of person who wants to wake up everyday and want to go to work. Not for the money, but for the enjoyment of it. I want to love what I do, and lead a life of happiness and not regret. So what are the things I do on a daily basis? I go to school everyday. How about teaching? No thanks! I see how much we torment the teachers, and I don't have the will power to deal with that at all. I come to co-op everyday at the Orono Weekly Times, but do I want to chase community news for the rest of my life? I really enjoy art and painting, but am I that good to make money from it? Most artists teach classes and workshops, but again that's not for me. I go to the salon every few months for new creative looks, and have always been interested in doing that. I'm a creative person, and know that I will have to use it daily to be completely happy. I love the feeling of making someone look nice, but at the same time, I don't want to focus on something as superficial as beauty. When I think about it, my hobbies and interests are really leaning leaning me into certain careers. I love to write. Not really factual writing, writing, but the creative aspect of it all. I also love music with a passion. passion. I play daily, and take lessons once a week to improve. So why not put the two together to create music journalism? This puts forth my 'Dream Job', to write for a music magazine. When I think about this, I realize Canada doesn't offer a lot of jobs in this field, and big names like Rolling Stone and Circus, reside in the United States. There's another roadblock; do I want to leave Canada to fulfill my dream? < **- So many questions, and so little time to think it out! If only I had an extra year, like OAC offered, to really put my life in order. Editor's Note: Laura Williamson is our Clarke High School Co-op student. www.dollghan.com E : :i AS I S66 it ...by Peter Jaworski Incentives matter That's the basic lesson of classical, and some more contemporary, contemporary, economics. Given a set of options or choices, people will, generally, pick the set of options that are relatively relatively more appealing. Different tilings may make something more appealing. For some that might mean a lower price, someone else may want higher higher quality, still a third will look for location or colour, and a fourth may be interested in something else-whether or not it is 'dolphin safe,' for THE CHOICES MADE Part 2 In a Series your capitalist decision to buy shoes or sell your labour, to your domestic decision to give your son a 'time-out' rather than a spanking, to your love life decision to get married rather than continue dating. Which is why economists are rather certain that every decision we make is essentially essentially an economic one-as long as it has something to do with incentives, it can be analyzed economically. Books like David Friedman's-'The economics economics of everyday lifb"-arc an example of just this sort of instance. Each of those things are incentives. Little enticements to make us go get one thing, as opposed to another. I say "little" "little" because with so much variety available to us here in Canada, the differences between one thing and another will almost necessarily be minute. Tiny. Off-pink instead of pink, nylon rather than cotton, cotton, a health and dental package package rather than additional vacation time, and so on. Literally everything is susceptible susceptible to incentives. From thing. Friedman's audacity is to explain everything from the point of view of economics. This isn't always the best idea (since economics has particular particular reference points, language, and subject matter that may not serve your explanatory purposes as well as something else). But the point is that it's possible! The confusion has to do with associating economics with money. Economists are only concerned with money because it is one ol the most prominent ways of making incentives plain. Changing a price changes the set of incentives incentives and alters the things you have to give up (which is part of the cost of an item) in order to buy it. If a t-shirt is $20 dollars, dollars, the cost of it isn't just the hours you put into getting that $20 dollars, it's also all the other things you could have done with that $20 dollars-like save it for a subscription to the Orono Weekly Times. Or take your whole family for all-day breakfast at Money is a type of incentive. incentive. You vote for something when you decide to spend money on it. What you are JAWORSKI continued pege 3