950
Economics (mander.xyz)
top 50 comments
sorted by: hot top controversial new old
[-] negativenull@lemmy.world 188 points 1 year ago* (last edited 1 year ago)
[-] JohnDClay@sh.itjust.works 115 points 1 year ago

You only need a graphing calculator because you're not allowed to use wolfram alpha, desmos, or Matlab. Since you're mandated to use graphing calculators, (sometimes even specific models) there's no incentive to make them cheaper or better since you need to buy them anyway.

[-] pennomi@lemmy.world 65 points 1 year ago

Yep, graphing calculators are a forced necessity for school, therefore they can charge anything they want and people will still buy them. This kind of artificial demand causes extreme price inelasticity and is capitalism at its worst.

Same deal with university books, you are forced to buy them so they cost hundreds of dollars, when they could easily be sold at a profit for a quarter of the cost.

[-] Crashumbc@lemmy.world 20 points 1 year ago

And why there's a "new" version every year that just moves things around...

[-] greenskye@lemm.ee 9 points 1 year ago

But there aren't 'new' graphing calculators being required and they don't get worn out that easily. There's a relatively stable amount of people who need one at any given time, so honestly I'd have expected the second hand market to have crashed the market more than it has. There should honestly be multiple times over more graphing calculators in circulation than there is a need for them.

[-] JohnDClay@sh.itjust.works 8 points 1 year ago

Yup, free market only incentives competition when it's actually free. Demand monopolys are just as bad as supply ones.

[-] Neato@ttrpg.network 16 points 1 year ago

When I was in school, it was always specific models. They had to limit it to one brand and like 2-3 known good models to prevent the ones that could solve equations.

So there's no reason for TI to ever lower prices.

[-] Damage@feddit.it 11 points 1 year ago

The incentive Is supposed to be competition among manufacturers, something is preventing that

[-] atocci@lemmy.world 17 points 1 year ago

Schools have lists of approved models for standardized test taking. If students (the largest market) can't use your calculator, making one is probably not going to be profitable.

[-] Zehzin@lemmy.world 7 points 1 year ago

Case in point: I just looked for graphing calculators on aliexpress and they're like 10 bucks

[-] Cort@lemmy.world 8 points 1 year ago

Lol the app on my phone that replicates the TI layout was only $5

load more comments (1 replies)
[-] undergroundoverground@lemmy.world 106 points 1 year ago* (last edited 1 year ago)

Its okay, as I neoclassical economist, I know exactly how to fix this issue.

Tax breaks for the rich.

Ask me to solve any economic problem, I have the answers.

[-] Asafum@feddit.nl 24 points 1 year ago

No no no, it's not an issue at all!

It's Working As Intended* as in there's a demand (guaranteed by schools) so we charge whatever the fuck we want! Supply is also high? Following supply and demand as theory is for chumps! Supply and demand theory is for us to use as we see fit and to ignore the aspects we don't like!

I think you know as well as I do that your honesty and integrity in describing how people are being fucked over by this process excludes you from neoclassical economics. Its always easy to catch out the fakers.

I mean, how am I supposed to justify tax breaks for the rich with that?

[-] Asafum@feddit.nl 6 points 1 year ago

Damn, foiled again! :P

[-] 9point6@lemmy.world 87 points 1 year ago

The crazy thing is they are basically selling the same models this whole time too

[-] protist@mander.xyz 73 points 1 year ago* (last edited 1 year ago)

My TI-89 from 1998 still works perfectly, so at least you only have to buy it once.

Because of their longevity, there are a ton on the aftermarket for like $40

[-] JohnDClay@sh.itjust.works 25 points 1 year ago

I used my mom's graphing calculator without issue.

[-] blanketswithsmallpox@lemmy.world 26 points 1 year ago
[-] Crashumbc@lemmy.world 14 points 1 year ago

The buttons were sticking for me...

[-] protist@mander.xyz 3 points 1 year ago

I think there's an important comma missing from this sentence

[-] fiercekitten@lemm.ee 60 points 1 year ago

Hey don't forget to credit the author!

Zach Weinersmith Smbc-comics.com

[-] AstridWipenaugh@lemmy.world 59 points 1 year ago

The TI-89 was ~$100 when I bought one 20 years ago. Looked it up on Amazon and they're $100-$150 depending on the specific model. They haven't kept up with inflation at all, which means they've been getting cheaper this whole time...

[-] uis@lemm.ee 33 points 1 year ago

For 100$ you can buy new phone and install any math software you want

[-] Klaymore@sh.itjust.works 14 points 1 year ago

Please tell me what calculator app is as nice as a physical calculator, I haven't found one yet

[-] PolarisFx@lemmy.dbzer0.com 21 points 1 year ago* (last edited 1 year ago)

Grab the rom for whichever Texas Instruments calculator you like best and use one of the various TI8X emulators:

https://www.f-droid.org/en/packages/com.eanema.graph89/

Just google for the rom file you want. I just tried the TI92+ found here:

https://wowroms.com/en/roms/mame/download-ti-92-plus/108878.html

Weird calculator, but one of the more common TI models should look just as nice

Image

[-] Melvin_Ferd@lemmy.world 6 points 1 year ago

Thanks. I've been working with my state legislator to create new laws that give schools the legal ability to expel engineering students caught using Calculator rom's. These roms have no business in education. I think with this information we can make great strides.

[-] JackbyDev@programming.dev 24 points 1 year ago

Please be a joke. Please be a joke. Please be a joke.

[-] Melvin_Ferd@lemmy.world 4 points 1 year ago* (last edited 1 year ago)

I made my first fortune by stealing attention and selling it as a middle man without ever giving people a cut of the profits even though it was their time. I told them they would get new features like unskippable ads and progressive pricing for services they originally had but I now place behind a paywall.

Easy enough to do all this. Just put a fresh charming face on it like a Mr.Beast and give them a cut and they will rob every kid of their free time so I can sell it. But that industry is saturated I don't think most people have a minute in their day without being sold something now and it's hard to find a space to cram more ads into a persons day so I moved on.

I am now working to restrict peoples ability to find solutions to costly practices in order to keep the price of things like this inflated through legislation. Why should people be allowed to build their own solutions or fix products they're unknowingly licensing. Its not theirs.

load more comments (2 replies)
[-] SuperSpruce@lemmy.zip 4 points 1 year ago

I use Calc84 on the Google Play store, free with minimal ads and a one-time fee to remove ads.

But it seems like others have found FOSS versions here.

[-] JackbyDev@programming.dev 4 points 1 year ago

I mean, even just one that has the functions of a graphing calculator.

load more comments (2 replies)
[-] Rognaut@lemmy.world 45 points 1 year ago

Blame Texas Instruments for being smiley and greedy. Go figure.

[-] Bread@sh.itjust.works 4 points 1 year ago

Those smiley fucks have got it coming, I swaer.

[-] GissaMittJobb@lemmy.ml 31 points 1 year ago

The demand is basically artificial since there are a limited amount of calculator models that are allowed to be used on tests at universities. Since they can get away with it, they keep charging these prices.

[-] roguetrick@lemmy.world 7 points 1 year ago

Plus those models are using the same exact chip fabs with the same exact inputs that they always have.

[-] webghost0101@sopuli.xyz 11 points 1 year ago* (last edited 1 year ago)

The product isn't total compute, Its reliable compute for a measuring device.

Still no excuse but pretty industry standard. The production costs for an iphone 6 where about a 100 bucks but sold for 8 times as much.

load more comments (1 replies)
[-] Kalcifer@sh.itjust.works 9 points 1 year ago

Essentially, it's because it's a monopolistic/anti-competitive relationship, so the producer is able to charge much more than if it were competitive. The producer seeks to maximize profits, and the schools enable them by effectively controlling the market.

[-] GreatDong3000@lemm.ee 9 points 1 year ago

For economists (and business) students it isn't a graphing calculator but same thing with HP12c (financial calculator). But it is only like 40 dollars.

load more comments (1 replies)
[-] einlander@lemmy.world 6 points 1 year ago* (last edited 1 year ago)

And that's why I own a Casio graphing calculator. Way cheaper than TI. BTW TI calculator are more expressive because you essentially are passing TI to indoctrinate you. Thr price of the calculator factors in the teaching materials, conferences, and marketing.

[-] quantenzitrone@lemmings.world 5 points 1 year ago

https://geogebra.org/cas

if you already own a computing device that runs a modern-ish web browser, its gratis

load more comments (1 replies)
[-] Got_Bent@lemmy.world 4 points 1 year ago

I remember getting my Texas instruments financial calculator circa 2009 for probably fifty dollars or so.

The professor told us that at the time, production costs for my fifty dollar calculator were roughly a dollar.

On the bright side, I'll bring that thing in whenever I buy a car and it truly fucks with the whole "what kind of payment are you looking for" routine they do. (Though these days, I'm more likely to bring a laptop with Excel. Same idea, but faster and better visuals)

load more comments
view more: next ›
this post was submitted on 21 Jun 2024
950 points (100.0% liked)

Science Memes

16520 readers
2726 users here now

Welcome to c/science_memes @ Mander.xyz!

A place for majestic STEMLORD peacocking, as well as memes about the realities of working in a lab.



Rules

  1. Don't throw mud. Behave like an intellectual and remember the human.
  2. Keep it rooted (on topic).
  3. No spam.
  4. Infographics welcome, get schooled.

This is a science community. We use the Dawkins definition of meme.



Research Committee

Other Mander Communities

Science and Research

Biology and Life Sciences

Physical Sciences

Humanities and Social Sciences

Practical and Applied Sciences

Memes

Miscellaneous

founded 2 years ago
MODERATORS