Saving Daylight Daft or Dangerous: Winter is leaving us and spring is about to come in. Good news? Well not really; we might have had time to brace ourselves for the winter but ready or not Daylight Saving Time (DST) starts at 2 A.M Sunday. That’s right same old Daylight Savings Time (DST), liked by some despised by many due to inconclusive evidence over benefits and drawbacks. DST clock shifts sometimes complicate timekeeping and can disrupt travel, billing, record keeping, medical devices, heavy equipment and sleep patterns. Computer software often adjusts clocks automatically, and can be harder to keep up with than an episode of keeping up with the Kardashians.
DST’s clock shifts have the obvious disadvantage of complexity. People who are in favor of DST usually argue that it saves energy promotes outdoor leisure activity in the evening (in summer), and is therefore, good for physical and psychological health, reduces traffic accidents, reduces crime, or is good for business. There have been sincere studies that show benefits are inconclusive. Let’s we just talk about United States Department of Transportation (DOT) which concluded in 1975 that DST might reduce the country’s electricity usage by 1% during March and April, but the National Bureau of Standards (NBS) reviewed the DOT study in 1976 and found no significant savings.
Now let’s cover economic aspect of DST. Studies shows that retailers, shopkeepers and other businesses benefits from DST because of extra afternoon sunlight but can affect adversely on farmers parents of young children whose hours are set by the sun. Change in clocks has a direct economic cost and closely related to lost opportunity cost. Did you know in2000 the daylight-saving effect implied an estimated one-day loss of $31 billion on U.S. stock exchanges but there again the results have been disputed and refuted on points raised by their opponents as baseless.
No matter which side you believe, Digitized Logos, Inc. hopes DST brings you joy. We have a staff meeting on Monday. And, I, for one is facing a stern question: what time should I be reaching so that I am not late or too early for it ? Don’t forget to set your clocks accordingly over the weekend!