8.04.2009

J.D. Arthur and I take mushrooms and hunt the great bear — Coup d'œil




Reset your life, incorporated...

Fantastic dialogue between two writers over at The Design Observers Group. Simply fantastic.

Having taken a few courses in economics, I am always reminded how poorly economics are taught when I read a solid piece of writing. One class, in particular stands out in memory—philosophy of decision making. The teacher, whose course content drunkenly veered between game theory, Stanley Milgram, and free market theory worship, was always more apt to talk about himself and his ideas rather than expose the class to other concepts and issues. While taking his class, I knew more about his time as a mailman and his trips to foreign countries as a decision theory/economics consultant than I did his peers' work.

I also remember when he slid into the open seat next to the young(er) assistant professor who was auditing his class and asked her out to dinner. When she subsequently rejected his offer, I remember thinking that he shouldn't ask someone out while wearing one of those hideous cotton sweaters that were always two sizes too big for him that he was so fond of but made him look like a 10 year old girl. They fit like this:


And consistently looked like this:



But these observations directly speak to my anxieties about our societal institutions and cultural mores. While being highly distinguished and well educated, my teacher could not really relate to me on the level about the intricacies of economics or what the free market means for Americans. And he wore the most hideous awkward sweaters. How could I respect his decision making. An excerpt from the article sums up my contention rather nicely:

“I do worry that Americans lack the patience to do the long, hard work of reinventing (and readjusting) institutions.”
—K.A.

"Yeah. That's what keeps me up at night, too. (And then I worry about the fungus killing all the bats, the whatever-it-is killing all the bees and the way Michael Jackson wiped Iran off Twitter.)"—D.R.

In short, if a professor of economics can't get his shit together, put on a decent shirt, and successfully ask a woman out to dinner, what does that entail for the rest of those yahoos trying to get our economy revitalized?


Other Highlights:

I do worry that Americans lack the patience to do the long, hard work of reinventing (and readjusting) institutions. The digital revolution has, for worse as well as better, reinforced our national weakness for instant solutions. On the other hand, the era just ended was so exceptionally long — a quarter century — that it seems reasonable to imagine that the chastened, more prudent era now getting underway will last long enough to let us fix the things we need to fix. "Fugitive national values and convictions" is a great phrase, but my point is that those values and convictions and temperaments have always co-existed. What we need to do is integrate them with a little more finesse, learn to embrace the paradox — as F. Scott Fitzgerald said, to hold two opposing ideas in mind at the same time and retain the ability to function.
—Kurt Andersen

What we can do is promote the development of complementary economic mechanisms. New ways (and old ways) of doing commerce. Things as simple as Community Supported Agriculture, where people subscribe to a local farm instead of just buying Big Agra produce from the supermarket. It's not that local farming is genuinely less efficient; it's that it has been rendered less efficient by a marketplace developed by and for agricultural conglomerates. No conspiracy required. Just another one of those biases built in to an economy based on centralized currency and centralized banking, or where corporate lobbies can argue for the interests of large entities more effectively than local constituencies can argue for their own.
—Doug Rushkoff