01 December 2008

How this experiment will work

Problem: In terms of American dollars, how much Urban Slippage do I walk by on an average day and how much of that value can be reclaimed?

Hypothesis: Based upon past experiences, I believe I walk past at least $100.00 in goods, $30.00 in cash, and $40.00 in unreturned bottles and cans through out the day. The value of cash and the deposit on bottles and cans can be recovered at 100%. Goods on the other hand depreciate swiftly on the curb. It may be possible to recover up to an aggregate 20% of their value.

Methodology: Over the next year (from 1 December 2008 until 1 December 2009) I will collect all monies, durable goods, bottles and cans that I find on the street while walking. I will record the location and value of all monies, bottles and cans. I will record the location, retail value and recovered value of all durable goods.
  • Money will be saved as cash.
  • Bottles and cans will be redeemed and the money saved as cash.
  • Durable goods will be photographed, appraised and then sold via Craigslist. The resulting money will be saved as cash.
  • The value of illegal drugs will be recorded and then the drugs discarded.
  • Records will be regularly updated on this blog.
Should saved cash pass $100.00 at anytime, the money will be invested in the stock market.

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