Round 4: The United States Postal Service is an important public good

This was one of those rounds where there was a, perhaps surprising, informational gap. Most people weren’t aware that the post office had decided to stop sending mail on Saturdays or that the USPS has a huge artificially created deficit due to Congress requiring them have enough pension funds for the next ten years. The majority of the rounds also tended to stray away from the proper Econ jargon definition of a public good, saying that a public good is just anything that the public uses. We didn’t talk to a single team, either Olaf-based or from another school, that really liked the way things went. “Important” became a very ambiguous adjective that was subject to a huge variety of interpretations. Nevertheless, we’re done with prelims and await the announcements regarding the octofinal rounds.

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