Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Thursday, November 18, 2010

A time to knit

Colder weather is finally here.  There's an edge to the wind and a chill in the rain.  And knitters everywhere are rejoicing, because that means it's time to wear those scarves, mittens, hats, and sweaters we spend all year making.

If you wear your handknits, sooner or later someone will admire them and make some comment like the following: "I wonder how much that would cost in a store?" Or, "How much would you charge to make me one?"

We have trouble answering, to be honest.  One of the reasons we knit for ourselves is to make unique items you couldn't buy for love or money.  People don't have any point of comparison, usually, to give you a compliment on the quality of your work -- so they try to imagine what the consumer price point would be as a measure of how much something like it would be valued.

When it comes to setting a price for our work -- well, where do you start?  A fair market value, consider the  cost of materials and an appropriate rate for labor, would quickly rise out of the realm of credibility for even a simple item, given how cheaply one can buy them ready-made.  Even catalog items that advertise themselves as handknit or handmade can be had far more inexpensively than even the stingiest calculation of a rate for my services.  (Which should tell us something about who's getting the shaft when those items sell for that price.)

Take a cozy striped scarf.  The nice yarn you admire could cost about $20-$50 all by itself, depending on the luxury factor.  Add in an hourly rate for the twenty hours or so it took me to make it ... well, you see how far into the stratosphere we are already, even at minimum wage.

I find it very flattering when people want me to knit them something.  But there are commissions, and there are commissions.  The students who think I can whip them up a pair of socks on demand just aren't being realistic -- nor, as a consequence, will they properly appreciate the work.  On the other hand, the friend who offers to trade her time and talent for mine, knowing that from me she can get something unavailable in retail, to her exact specifications, and willing to fill my kitchen with baked goods of similarly incalculable value in return -- that's a person who's "knitworthy," in the parlance of the craft.

In the end, it's all about finding a way to compare the value of one's work to the value of what's offered in exchange.  Often the appreciation of a knowledgeable recipient is enough.  For one-of-a-kind handcrafts, though, the most appropriate systems seem to be barter or gift.  Either agree in advance on an exchange of talents, or act in trust that your gift will be met by a gift in return that expresses the value placed on your work by the recipient.

Monday, December 14, 2009

In decline

I had an errand to run in a certain part of town, so I thought I'd visit a fast-food establishment over there that's not in my usual rotation. I probably haven't been there in six months or more. But after a run with Archer this morning, I had a craving for one of their burgers.

When I arrived, it was five minutes after opening. Cars were lined up at the drive-through, but I was the first to pull in and park. I grabbed my book and my purse and walked up to the door -- only to find it locked. Checked the hours; yep, supposed to open five minutes ago. Walked around to the other side -- locked.

I peered in the window and saw a couple exiting the other side of the restaurant, and then an employee coming toward my side. She opened the doors and said, "You can come inside, but I'm the only one here. The others will be here in a few minutes."

As I waiting, I thought about what it meant if a franchise doesn't have employees who show up for opening. It's a sign of a business in decline.

Noel and I used to go to a pasta franchise not far from where I was having lunch today. By the last time we went, some menu items were listed as unavailable, and the food was served on paper plates from the nearby Wal-Mart. The franchise couldn't afford to get its supplies from the main office. It was the last gasp. Shortly thereafter, the building was up for sale (and so it still remains today).

I find the experience of visiting a failing business depressing. It's like throwing good money after bad. I can no longer help them, and they know that; so why should they care about me? Driving back to my office, I almost expected to find it as abandoned and dysfunctional as the restaurant. Failure feels like a virus that could easily spread.

Thursday, February 5, 2009

Charity and its discontents

About three weeks ago, my dad and I were at the playground with the kids. Dad got into a conversation with a man who seemed to be in charge of a lot of children there. Seven, in fact. The man came and sat down on my bench after awhile, commented on my Kindle, said he was a painter, and asked whether I needed any work done.

As a matter of fact, I do. The wood eaves and trim of our brick house badly need to be scraped and painted. The guy clearly needed work, and I thought it might be a chance to help him out.

He came by, we agreed on a price, and this morning he brought his stuff and two other guys that he'd picked up from the day laborer line. Then he asked for money so he could get the materials and the other guy he needed to do some woodwork repair (which I had pointed out to him). They all head off to get that done.

The whole morning goes by. Noel is getting concerned. Then in the early afternoon, the other guys came back. And they told Noel that he ought to be careful -- that this guy might be taking our money and buying things that were, shall we say, not related to the job.

Noel calls me and relays these concerns. The guy now comes back, hours after he should have been underway, and starts masking the windows. I decide that it's not worth worrying about whether this guy is going to be reliable -- that we gave him a chance to be professional and he blew it. I head home to fire him.

That's never easy, of course. But I wasn't nervous about it, because the thought of a couple of days not knowing whether this guy is going to do what he says he'll do, even if it eventually gets done, causes me far more anxiety than telling him we don't need his services.

I hated to pull my good deed out from under this poor guy. I have no doubt that he really needs the money. But I also have no doubt that he's not able to do what I need done to get that money -- that is, to act like a professional. I don't have the spare psychic energy to spend worrying about someone who's working for me.

I'm sorry it didn't work out. It would have been great to have helped someone who was helping me -- a real win-win. I would have liked to have been a "blessing" to him, as he kept saying. But I'm going to have to channel whatever stimulus I can provide for the local economy through legitimate businesses, not individuals in need.

Sunday, April 27, 2008

Stimulating

The government in its infinite wisdom is going to give us $1800 in a couple of weeks. Since we're right in the middle class sweet spot and have two kids, we qualify for the maximum payout.

Last time the Bush administration sent us a check because the country was falling into recession (in 2001 if memory serves), we were incensed at the whole "spend a buck, save America" rhetoric. We gave the whole amount to our church.

But this year, even though I'm still just as cranky about the idea that consumerism is the golden-brick road to our national economic Emerald City, it's less appealing to sign over that check to charity. Noel had a successful year on the freelance front, and freelancers don't have the luxury of having income and Social Security tax withheld from their income -- plus they have to pay both the employer and employee shares. So our liquidity, shall we say, is a bit on the low side after April 15.

$1800 isn't a lot of money. I feel a bit soiled for even treating it with enough significance to think about what we would do with it. More than half of the potential recipients this year plan to save it or pay bills and debts with it -- not exactly the injection of cash into the economy that we were sold on. I imagine that if we don't end up giving the money away, it will almost make up one of our estimated tax payments for 2008. In other words, our choices are to give it away or give it back.

What will you do with your check -- and how do you feel about it?