Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
- Changing clocks and DST rules has a direct economic cost, entailing extra work to support remote meetings, computer applications and the like. For example, a 2007 North American rule change cost an estimated $500 million to $1 billion, and Utah State University economist William F. Shughart II has estimated the lost opportunity cost at around $1.7 billion USD. Although it has been argued that clock shifts correlate with decreased economic efficiency, and that in 2000 the daylight-saving effect implied an estimated one-day loss of $31 billion on U.S. stock exchanges, the estimated numbers depend on the methodology. The results have been disputed, and the original authors have refuted the points raised by disputers.
Fuck Daylight Saving Time.
–
user-inactivated · 2593 days ago · link ·
China does this so that everyone is on Beijing time. From what I have heard of people I know that have been all over China, it is like guys in the military using "Zulu" time where the time on the clock has less meaning than the day/night conditions. Time zones are practical and necessary. Randomly switching the time forwards and backwards can be thrown on the dustbin of history where it belongs.