Now I Know: A More Equitable Form of Speeding Tickets?

Hi! I'm still on vacation and here's another re-run, (from 2012) but the fun news: I have a really good idea for what I'm going to do tomorrow instead of a normal Weekender! Vacations can be good for creativity. -- Dan
 

A More Equitable Form of Speeding Tickets?

Speeding may earn you a ticket. And in most cases, it will cost you maybe $150 or 100 Euros. For many people, that could be the difference between making this month’s rent and being in arrears. For others, it’s barely noticeable — the equivalent of an unnoticed rounding error in their paycheck.

So Finland tried to fix it. Which is why, in 2001, Finland fined Anssi Vanjoki, a high-paid Nokia executive, over $100,000 — for driving 75 kilometers per hour (47 miles per hour) in a 50 kph (31 mph) zone.

In 1921, Finland adopted a “day-fine” law which aimed to apply the ecumenical effect of incarceration to petty violations such as littering, breaches of the peace, and of course, minor traffic violations like speeding. Finland noted that jail time hit the rich and poor roughly equally; for each day in prison, the convict lost a day of freedom, whether rich or poor. Fines, their leadership concluded, should follow a similar framework. Since that year, those infractions can cost a violator a whole day’s pay — be it fifty Euros or 50,000 Euros. And unlike other countries with day-fine laws on the books, Finland’s has no maximum.

As reported by the BBC, for Vanjoki, this meant a bill of 116,000 Euros (at the time, about $103,000). In October of 2001, he was riding his Harley Davidson motorcycle 25 kilometers per hour over the speed limit and, when caught, was given a fine equal to 14 days of his annual income, which in most cases is exactly how the day-fine system should work. But Vanjoki’s case had an odd wrinkle — it was based on his income for the 1999 filing year, which, he claimed, was much higher than typical. Vanjoki appealed the fine, arguing that in 1999, he sold a number of stock options, boosting his income tremendously and, by 2001, he was making significantly less money because his equity stake in Nokia was worth much less (and he hadn’t sold any more options). The courts ended up agreeing with him, cutting his fine by 95%.

And while the day-fine system seems more fair than the typical flat fine system most of the world uses, it has found its critics. England and Wales tested the waters with one in the early 1990s, but it was generally disliked — as the BBC stated, it “was criticized for giving paltry fines to the poor and disproportionately large fines to the moderately wealthy.” (The BBC noted one example of two men ticketed for fighting each other; the richer of the two was fined ten times that of the poorer.) And in 2002, American economist Steven Landsburgh took to the Wall Street Journal to assail the scheme by pointing out an absurd result: “If Mr. Vanjoki speeds while his chauffeur rides in the passenger seat, the price is $100,000. If they switch seats, the price drops to $50.”



Now I Know is supported by readers like you. Please consider becoming a patron by supporting the project on Patreon. 

Click here to pledge your support. (If you do, in gratitude, you'll have an ad-free Now I Know experience going forward.)

Bonus fact: Another Finnish innovation? Meet the dish draining closet, seen here. The cupboards, situated above the kitchen sink, are designed to allow people to place recently washed dishes right back into the cabinet without drying them first — the dish water drips down, slowly, into the sink below. Invented in the mid-1940s, the dish draining closet was named “one of the most important Finnish innovations of the millenium” per Wikipedia.

From the Archives: False Arrest: The Czech Republic’s anti-speeding innovation.
Like today's Now I Know? Share it with a friend -- just forward this email along.
And if someone forwarded this to you, consider signing up! Just click here.
Share Share
Tweet Tweet
Forward Forward
Archives · Privacy Policy

Copyright © 2023 Now I Know LLC, All rights reserved.
You opted in, at http://NowIKnow.com via a contest, giveaway, or the like -- or you wouldn't get this email.

Now I Know is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Some images above via Wikipedia.

Now I Know's mailing address is:
Now I Know LLC
P.O. Box 536
Mt. Kisco, NY 10549-9998

Add us to your address book


Want to change how you receive these emails?
You can update your email address or unsubscribe from this list

Email Marketing Powered by Mailchimp

Older messages

Now I Know: Leave it to Beaver

Wednesday, August 30, 2023

A dam shame. View this email in your browser · Missed one? Visit the Archives Hi! This is a re-run from January 2016 (it's my vacation week!). Definitely read the "From the Archives" for

Now I Know: The Greedy Cup

Tuesday, August 29, 2023

Pythagoras vs. drinking? View this email in your browser · Missed one? Visit the Archives Hi! My vacation continues with this re-run from 2015! Don't try the cup at home (unless your friends have a

Now I Know: One Spud, You're Out

Monday, August 28, 2023

It's also the punchline to a fun Penn and Teller trick View this email in your browser · Missed one? Visit the Archives Hi! I'm on vacation this week, so please enjoy this re-run. I selected it

Now I Know: Vacation Mode, On!

Friday, August 25, 2023

:-) View this email in your browser · Missed an issue? Click here! If you're new to Now I Know, you'll notice that today's format is different than the rest of the week. On Fridays, I take

Now I Know: The Man Who Beat the Lottery (and Still Lost)

Thursday, August 24, 2023

Too bad, too. View this email in your browser · Missed one? Visit the Archives This seems like too much work to me -- if you can do this much math, automation, and organizing, you can build something

You Might Also Like

Convert more leads with your emails.

Wednesday, January 15, 2025

Expert insights on building lead nurture flows. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Uber's service migration strategy circa 2014. @ Irrational Exuberance

Wednesday, January 15, 2025

Hi folks, This is the weekly digest for my blog, Irrational Exuberance. Reach out with thoughts on Twitter at @lethain, or reply to this email. Posts from this week: - Uber's service migration

The Polar Bear Prison

Wednesday, January 15, 2025

Maybe it's more of a re-educational camp? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

• Book Series Promos for Authors •  All in one order • Social Media • Blogs

Wednesday, January 15, 2025

~ Book Series Ads for Authors ~ All in One Order! SEE WHAT AUTHORS ARE SAYING ABOUT CONTENTMO ! BOOK SERIES PROMOTIONS by ContentMo We want to help you get your book series out on front of readers. Our

🤝 2 Truths Every Biz Buyer Should Know

Tuesday, January 14, 2025

Plus 1 Game-Changing Idea for SMB Acquisition Biz Buyers, Welcome to Main Street Minute — where we share some of the best ideas from inside our acquisitions community. Whether you're curious or

Artistic activism, the genetics of personality & archeological strategies

Tuesday, January 14, 2025

Your new Strategy Toolkit newsletter (January 14, 2024) ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Reminder: B2B Demand Generation in 2025

Tuesday, January 14, 2025

Webinar With Stefan and Tycho ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

Why Some Types of Art Speak to You More Than Others

Tuesday, January 14, 2025

Your weekly 5-minute read with timeless ideas on art and creativity intersecting with business and life͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

How Chewbacca Roared a Woman into New Teeth

Tuesday, January 14, 2025

It started as a prank. A funny, and mostly harmless one -- annoying, sure, but most pranks are. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

🧙‍♂️ [SNEAK PEEK] Stop giving brands what they ask for…

Tuesday, January 14, 2025

Why saying “no” could actually be your smartest move ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏