0l 4A - Thursday, February 16, 2012 The Michigan Daily - michigandaily.com Edited and managed by students at the University of Michigan since 1890. 420 Maynard St. Ann Arbor, MI 48109 tothedaily@michigandaily.com ASHLEY GRIESSHAMMER JOSEPH LICHTERMAN and ANDREW WEINER JOSH HEALY EDITOR IN CHIEF EDITORIAL PAGE EDITORS MANAGING EDITOR Unsigned editorials reflect the official position of the Daily's editorial board. All other signed articles and illustratiois represent solely the views of their authors. Imran Syed is the public editor. He can be reached at publiceditor@michigandaily.com. Vending away stigma Women benefit from easier Plan B distribution Contrary to what campus tour guides may lead parents to believe, college students do in fact have sex. Because of this unsurprising truth, it's extremely important for colleges to ensure that they provide students, especially women, with adequate resources to help prevent unwanted or unplanned pregnancies. In the event a woman finds herself unfortunately in need of Plan B, an oral contraceptive that can be taken after sex, colleges such as Shippens- burg University of Pennsylvania provide a much needed and appreci- ated service: selling the emergency contraceptive in a vending machine located inside the school's health clinic. Even if it helps a minority of students, removing the embarrassment or negative stigma that sur- rounds obtaining emergency contraception is a valuable cause. Golden exper y last column, "Numbers can Lie," recommend- ed listening to experts whenever one is confused by economic data. But, this isn't restricted to eco- nomic data. It's common sense to observe experts' opinions and defer to experts MATTHEW whenever they ZABKA express unani- mous consent on an issue. People heed this common sense in most subjects. For example, physicists have unanimously dis- credited truthers' claims that some- thing other than airplanes brought down the Twin Towers. Docu- ment experts, even conservative Fox News document experts, have debunked birthers' claims that Pres- ident Barack Obama's birth certifi- cate had been forged. Even though most people don't understand the exact physics behind the Towers' collapse or the intricacies of legal documents, rational people trust experts, and truthers and birthers are thus regarded as more interested in personal vendettas than facts. While discussions that challenge physicists and document experts are mostly confined to conspiracy theorists' chat rooms, discussions that challenge economists are gain- ing a greater say in policy discus- sions. An example of this is the discussions about reintroducing the gold standard. A bit of background: The gold standard is a monetary system in which a country either uses gold as currency or agrees to sell gold for a fixed amount of a circulating cur- rency, which effectively pegs a cur- rency to the price of gold. If markets, instead of gold, determine a curren- cy's value, the currency is said to be a fiat currency. For most of history, nations have either used a gold or silver standard. After the Second World War, West- ern nations decided to peg their exchange rates to the U.S. dollar, which was pegged to gold. This cre- ated a gold standard for most of the Western world. In 1971, the United States ended the dollar's peg to gold and instead floated its currency on the market. As a result, the Western world's gold standard ended, and most Western nations adopted fiat currencies. Since 1971, the dollar's value has been determined the same. way a bicycle's value is determined: by the free market. Now some politicians, presiden- tial candidate Ron Paul in particular, want to reintroduce the gold stan- dard. These gold standard propo- nents present several arguments in favor of the gold standard. For example, if a government prints too much money it leads to inflation. Since a currency pegged to gold must maintain a certain value, a gold standard limits the amount of currency that may be printed. Thus proponents see the gold standard as an effective way to limit inflation. Some also note that a gold standard leads to stability in exchange rates between nations using a gold stan- dard and claim this stabijity is good for the economy. They further claim a gold standard can limit the amount of debt a country may issue, which would act as a barrier to deficit spending. opponents of a gold standard, on the other hand, note that peg- ging a currency to gold or anything else limits the monetary policies a nation's central bank can take. They point to Greece as a good example of currency pegging gone wrong. Greece is entering its fifth year of recession. Were Greece still using the drachma, its central bank could take measures to devalue the cur- rency. A cheaper currency would lead to increased Greek exports, which would help bring Greece out of recession. But Greece adopted the Euro in 2001, which effectively pegged its currency to that of other euro zone nations. By doing so, Greece surren- dered its ability to control monetary policies to the European Central Bank. This currency peg is part of tise the reason why Greece's recession has continued, with an unemploy- ment rate of nearly 20 percent and massive cuts to public services that are hurting the average Greek.. With both sides of the gold stan- dard discussion presenting interest- ing, albeit complicated, arguments, it's important to consider experts' opinions regarding the gold stan- dard. The University of Chicago Booth School of Business regularly polls 40 economists from top uni- versities on economic questions. The poll's creators have chosen economists from across the political spectrum to include a wide range of political theories. Why trust chemists but not economists? One recent poll asked the econo- mists to evaluate the following statement: "If the U.S. replaced its discretionary monetary policy regime with a gold standard, defin- ing a 'dollar' as a specific number of ounces of gold, the price-stability and employment outcomes would be better for the average American." Every single economist polled either disagreed with the state- ment or strongly disagreed. That is, experts agree that reinstating the gold standard is a horrible idea. But despite economists' uniform oppo- sition, a reintroduction of the gold standard is still being discussed. Today, any attempt to turn coal into gold would be seen as a little silly, because society respects chem- ists' opinions that such an attempt won't work. Perhaps in time econo- mists' opinions will receive equal recognition. - Matthew Zabka can be reached at msbka@umich.edu. Follow him on Twitter at @hlMatthewZabka. Shippensburg has been selling Plan B along with decongestants, condoms and pregnancy tests for two years in a vending machine inside the school's health center. Recently, the vend- ing machine has attracted national media attention as critics expressed concern that individuals under the age of 17 might be pur- chasing Plan B in violation of a recent Obama administration decision requiring prescrip- tions for young adults to buy the pill. People who enter the health clinic must sign in to ensure they're a student, and Shippensburg says all its students meet the age requirement. Shippensburg has decided to keep the machine for the time being, but has invited the U.S. Food and Drug Administration to investigate. There's a certain stigma attached to buy- ing Plan B - the necessity of emergency contraception is viewed by some as irrespon- sible or negligent. However, the need for using Plan Bisn't always within a woman's control. If contraceptives fail or a woman is forced into sex, she is unfairly left with the burden, and possibly shame, of an unwanted pregnancy. In such instances, access to Plan B can be important to preserve the woman's mental and physical health. Providing this. contraceptive in a vending machine in a more private setting lessens the interactions nec- essary to obtain it. This simple fact could be a deciding factor for a woman to obtain Plan B. The vending machine also sells Plan B at a cheaper price than most pharmacies. Set at the cost that the university pays to the phar- maceutical company, Plan B is offered for $25. At the University of Michigan's Univer- sity Health Services, it costs $40. Arguments that cheaper prices will encourage youth to have unprotected sex are irrational. Instead, it makes it more economical if a woman requires emergency contraceptives. While vending machines may have a casu- al and unprofessional connotation, perhaps a reason for the sudden media attention, a vending machine placed in a university's health clinic is appropriate. It provides pri- vacy that many women desire when dealing with matters of reproductive health. The vending machine has been in place for two years with generally favorable reception. Eight-five percent of Shippensburg students support this idea according to a university- wide survey. Shippensburg should be com- mended for listening to its students and subsequently providing Plan B in a conve- nient and safe manner. If this is a service that students desire and use responsibly, Ship- pensburg should continue providing it. Having to take Plan B isn't the ideal situ- ation. For many women, it's embarrassing, costly and, most importantly, a last resort. In a time when women are already in a stressful situation, any option that makes this process easier should be explored by all colleges. If this vending machine makes the decision to obtain emergency contraception less stress- ful for just one woman, it serves a critical purpose. EDITORIAL BOARD MEMBERS: Aida Ali, Laura Argintar, Kaan Avdan, Ashley Griesshammer, Nirbhay Jain, Jesse Klein, Patrick Maillet, Erika Mayer, Harsha Nahata, Harsha Panduranga, Timothy Rabb, Adrienne Roberts, Vanessa Rychlinski, Sarah Skaluba, Seth Soderborg, Caroline Syms, Andrew Weiner Utilize for-profit tactics 0 ADITYA SATHI| Contilue (M)Forward For the past two Central Student Govern- ment presidential elections, members of MFor- ward have been grateful for the confidence that students have placed in their candidates. Just a few weeks ago, I was honored and humbled to receive the MForward nomination for CSG president. After careful consideration, I'm proud to announce that I have selected Louis Mirante as my CSG running mate. Louis has an extensive history of achievement in student government, and I am confident he brings the experience and skills necessary to serve as vice president. This March, MForward is again ask- ing for your trust and your support. This past year, other MForward members and I worked diligently with the Student, Association of Michigan (SAM) to lobby for higher education- funding from the state. While the previous budget was marked with a $58 million decrease in funding for the Uni- versity, due to the collaboration of CSG, SAM and the President's Council, Governor Rick Snyder recently proposed a 3-percent increase in funding for education. Members of MFor- ward strongly believe that the most effective way to keep the University affordable is to ensure adequate state support. Sadly, Michi- gan currently has one of the worst records for supporting education, but we know it doesn't have to be that way. We recognize the work cannot stop now, and the relationships that we built with the state government cannot be lost. This is why MForward is proposing the creation of a permanent CSG executive posi- tion that would act as a government relations officer. This position would not only continue our lobbying efforts for education, but also actively work to increase those efforts as well. MForward is also working on a medical amnesty policy that would protect students from receiving Minor in Possession of alco- hol charges when calling for help for friends who need treatment due to alcohol poison- ing. Under state law, a student who calls for an intoxicated friend is also in danger of receiving legal punishment if they have been drinking. A medical amnesty law would not only incentivize the request for help, but also would, best of all, help save the lives of stu- dents in danger. But, MForward isn't confined to only these issues. Our focus has been and always will be this campus and how to make everyday life better for students. This year, we are looking at ways to reorganize the Student Organiza- tion Account Services, as well as improve stu- dent organization funding, in order to make it easier for student groups to finance their events and ideas. In addition, we will work with other organizations to implement a bike share program on campus that would allow students greater convenience for getting across campus. Most importantly, though, we'll work to rebuild and expand the What to Fix (WTF) campaign to ensure that student government is addressing issues that you, as students, want to see addressed. We remain today because we are the same party we were founded as. We remain today because we are the only party solely focused on the interests of students and being an advo- cate for those needs, not swayed by national politics or causes that take us away from that focus. Our success is driven by our dedication and hard work, our belief in representative diversity and transparency in governing, as well as our never-ending commitment to all of these values. We remain because although we have had success, MForward is determined to continually work for the betterment of stu- dents here at the University of Michigan. MForward is about results for students and nothing less. We have no desire for meaning- less rhetoric. We emphasize collaboration over combativeness and innovation over idle- ness because this has been the proven path to working with the administration and achiev- ing real results. MForward will never lose sight of its role as the advocate for students. This March, we hope that you will continue your support for MForward, so MForward can continue working for you. Aditya Sathi is an LSA junior. He is the MForward presidential candidate and the vice speaker of the Student Assembly. T his past weekend, I, along with members of my fra- ternity, Phi Sigma Pi, trav- eled to Detroit. We were vol- unteering with the non-profit organization Blight Busters." Wanting to cre- ate a more posi- tive community JASON for his children, John George PANG JAO founded Blight Busters 18 years ago to revive communities in North- west Detroit by demolishing dilapi- dated buildings and building new houses and community centers. Today, Blight Busters has worked with more than 120,000 volunteers to create millions of dollars worth of homes and facilities. They have even collaborated with The White House Fellows - a program of fellowships to senior White House staff - on renovation projects in Detroit and have been recognized by President Barack Obama. Non-profit organizations like Blight Busters exist everywhere. At the University of Michigan alone, there are numerous outstanding examples of quality non-profits. These include GlobeMed, Habitat for Humanity and Students for Edu- cational Equality. You may have worked on numerous service proj- ects in school. You may even work to create your own non-profit organi- zation in college or after graduation. But how does someone take his or her passion and turn it into a viable solution for the societal issues we face? We turn to the experts in the industry for some insights. I fortunately had the opportu- nity to chat with George. An ener- getic and kind-hearted man, George spoke to me about his experience building Blight Busters. "I started the organization for my children so that they can grow up in a community without all the negative things surrounding them," George said. "We certainly face(d) challenges at first, like raising dol- lars and keeping volunteers moti- vated." George went on to explain that his organization motivates volunteers by giving them a holistic view of the communities they work for, provid- ing fulfilling and hands-on projects and, after completion of the projects, showing volunteers the .tangible impacts they made. "We believe if we keep showing the good will and provide visible results such as the increase in home ownership and local businesses, the volunteers will be driven and feel a strong connection with what they are doing." George added that his organiza- tion has collaborated with a number of organizations at the University and is actively recruiting for volunteers. In addition to having a strong, motivated team, non-profits also depend on the same organizational, technological and financial infra- structure that serves as the foun- dation of for-profit organizations. Apple, whose stock topped $500 this week, is a good example. Its late CEO, Steve Jobs, proposed that managers should take owner- ship in the.creative process and not rely on the people who you set out to help and serve. Henry Ford once said, "If Ihad asked people what they wanted, they would have said faster horses." Another example would be Zara, the Spanish clothing retailer. The company's store specialists use PDAs and other electronic devices' to communicate directly with Zara's supply chain and designers. This allows them to report changes in consumer taste on a real-time basis, providing Zara with a powerful competitive advantage. Financially, non-profit organi- zations aren't as concerned about profit figures like return on invest- ment and pre-tax income. Instead, they focus on fulfilling their orga- nizational missions - demolishing old buildings or making Detroit into a better city. Having acknowledged their focus, managers of non-profits should then create sets of financial statements that help them make decisions. On creating financial statements, I recommend reading Part IV of the article "How to Ana- lyze Non-profit Financial Perfor- mance" by Harvard University Prof. Peter Frumkin. Non-profits should measure growth, efficieny. With financial information, man- agers should then set objectives and goals for their organizations. Metrics for measuring performance * vary for non-profits with different charitable missions but each involve measurements of absolute and rela- tive effectiveness, efficiency, growth and liquidity. Take tree planning as an example. Managers are interest- ed in how many trees they planted (absolute effectiveness), how they are performing with respect to peers with similar size and mission (rela- tive effectiveness), how much time it takes to plant a tree (efficiency), how many more trees and how much fast- er they can plant trees this year com- pared to previous years (growth) and how well the non-profit can pay back its debt obligation and afford mandatory expenses like rent and wages (liquidity). Managing a non-profit organiza- tion can be as challenging as man- aging any for-profit company. It's vital that managers of non-profits know how to motivate their per- sonnel and volunteers, create a sustainable organizational and technological infrastructure and use financial information to help set goals and evaluate performance. There is a plethora of resources available that you can use to help your cause. If your organization would like to volunteer for Blight Busters, call (313) 255-4355. - Jason Pang Jao can be reached at pangjao@umich.edu. £A A