Month: July 2008

Bloggers Win A Lot Of Lawsuits

In an article concerning insurance and blogging, Christopher Boggs tosses out an interesting bit of information concerning lawsuits against bloggers:

Nearly 77 percent of ALL civil cases were found in favor of the blogger or saw the charges dropped by the plaintiff. And 92 percent of blog-related suits making it to trial end in blogger triumph (additional information availble at Media Law Resource Center). Odds at trial are overwhelmingly in the blogger’s favor, but there is no guarantee that this propensity towards blogger victory will continue.

As Boggs notes, nearly all of these victories have been on the grounds of the First Amendment. But that will only hold up as long as the bloggers themselves are responsible:

First Amendment protection requires, among other standards, bloggers, like journalists, to practice and prove due diligence in the gathering and reporting of “factual” information. Bloggers must also prove that no actual malice was intended by statements or information ultimately found to be incorrect or untrue. Opinions, stated as opinion and not fact, published by bloggers are also potentially immune from charges of libel under the First Amendment since there is no such thing as a false opinion.

The article specifically looks at a SLAPP, a lawsuit that is meant not necessarily to win but to scare others out of the conversation.  A “don’t talk or we’ll sue you, too,” type thing.  There are anti-SLAPP statutes in 27 states.  Virginia is not one of them.

UPDATE: Things To Do Before I’m 30

Back on my birthday I posted a list of things I’d like to do before I’m 30:

  • Write another novel.
  • Record an album.
  • Go to the beach.
  • Catch a major league baseball game.
  • Visit Yankee Stadium (I’d have to do that this year anyway)
  • Graduate.
  • Get back in touch with old friends.
  • Learn to dance.

Two and a half down (half is the “old friends”, I’ve gotten back in touch with some but need to do so with more), many more to go.  I’m trying to think of other things to add but at this point I’m having enough trouble with this list, why should I add more?  Suggestions are certainly welcome, tho.

Measuring Worth: The “Real” Price Of Gasoline

From Measuring Worth, the “real” price of gasoline:

Gasoline cost 27 cents a gallon in 1949 compared to around $4.00 today.* How has the relative cost of buying gas changed over the last 59 years? Presented here are two tables computing the annual “real” cost using our five indicators, one in 2007 dollars, the current number used for real GDP, and the other in 1949 dollars. While the two tables show the same trends, they do give a different perspective.

Using the 2007 table and the CPI and the GDP deflator, we see that gasoline was quite expensive in 1980 and 1981 and the cheapest in 1998 and 1999. Today, the real price using these two measures is higher than the period at the beginning of the 1980s.

By looking at the share of the Consumer Bundle and GDP per capita, the story is a bit different. In 1981, a gallon of gas took as much out of what the average consumer spent as $4.00 does in 2007. And as a share of GDP per capita, gas was even more expensive in those earlier days with it at over $4.50 in 1980 and more expensive in the earlier years.

The other table tells the story in a different way. Let us look at relative cost to an unskilled worker to fill up using 1949 dollars. That year the 27 cents it cost for a gallon of gas, took a certain share of the worker’s wage. The interesting question is, has the cost as a share or percent of the worker’s wage increased or decreased over time? The table shows that for the wage rate and price of gasoline in other years, this cost has fallen. Since wages have increased faster than the price of gasoline, by 2007 an unskilled worker spends only two-thirds as much, as a percent of wage, for a gallon of gasoline than the 1949 worker. The table shows that the $2.85 a worker paid in 2007 would be comparable to only 20 cents (in 1949 prices “share” of the wage.

When we use the GDP per capita, the cost has fallen faster. Looking at the table shows that a gallon of gasoline costs around 11 cents a gallon (in 1949 prices) if measured as a “share” of the GDP per capita. This is because in 1949, 27 cents was .015% of per capita GDP, while in 2007, $2.85 was .006%.

Finally, comparing its cost as a share of GDP, we see that in 1949 prices, it is about 6 cents. This means that a gallon gasoline was a four and a half times larger share of output in 1949 than it is today.

* The nominal price of gasoline can be found at found at http://www.eia.doe.gov/emeu/aer/petro.html and http://tonto.eia.doe.gov/dnav/pet/pet_pri_gnd_dcus_nus_a.htm For the tables used here, I used the price of a gallon of leaded regular from 1949 to 1976, the average of the price of leaded regular and unleaded regular from 1977 to 1990 and the price of unleaded regular from 1991 to 2007.