Saturday, October 31, 2009

More Than Two Sides: A (belated) Review of Capitalism: A Love Story

A number of critics have described Michael Moore’s film Capitalism: A Love Story as his best work yet. This probably says more about the times we live in than the film itself. For many years Moore has been doing his thing, championing labor and criticizing corporate excess with a great eye for irony, theatricality, humor and human stories. His veneration of unions and labor strikes seemed out of step and a bit fringe and quixotic in the post-Reagan era.

With Capitalism, the zeitgeist has caught up to him. In the wake of the economic crisis, with the Soviet Union a distant memory (our current crop of young adults are not old enough to remember the Soviet Union and many were not born yet when our Cold War nemesis ceased to be), Capitalism: A Love Story strikes a chord with those who have begun to question their free market zeal.

His criticisms of TARP and the behavior of post-bailout banks would no doubt be applauded by many people across the political spectrum-- if they could stand Michael Moore. In fact, I was struck by how many of Moore’s complaints in the bank bailout section of the film—and his overall sense of indignation and outrage-- were in line with those of the tea party protesters. (This is probably a comparison that both Moore fans and tea party protesters would hate.)

Capitalism’s timeliness is why it subjectively appears to be his best film to many reviewers.

I have always been impressed with Moore’s ability to shine a light on under reported issues and events and to stir up a discussion. Capitalism, for example, has brought “dead peasant” insurance policies and corruption in for-profit prisons into our consciousness.

The shortcoming of the film, however, lies in the central question it seeks to answer. Is capitalism good or evil? (In case you had any doubt, Moore comes down on the latter side.) This is a clear example of what I will call “two-sides-to-every-argument-itis”—the idea that a concept has one argument in its favor, and one against it. And only one position can be right.

In reality, there are very few situations that are so binary. Capitalism is simply a tool. It is one way of running an economy. A hammer can be used to build a Habitat for Humanity home or to bash someone over the head. Capitalism can also be used to build and it can be used to destroy. A more informative and useful framing question for Moore’s exploration might have been not “is capitalism good or bad” but “when does capitalism work well and when doesn’t it? What makes it so useful in some cases and what are its weaknesses?”

(Of course, this is not nearly as entertaining as seeing him wrap Wall Street in crime scene tape.)

Zachary Shore, author of the book Blunder, describes this way of looking at things as a “flatview.”

“A flatview is any rigid perspective that constricts our imagination to just one dimension. It’s thinking in a binary mode. We see people as either good or evil. We understand events as either positive or negative. We categorize others as either with us or against us. Since most complex problems typically contain shades of gray, the flatview trap limits our understanding of what we see, and therefore leads us to simplistic solutions. A flatview is an almost foolproof prescription for blunders.”

A related cognitive trap is something Shore dubs “cure-allism.” This is a belief that if a theory works in some cases, it will work in all cases. Going back to my hammer analogy—cure-allism has a hammer and sees every problem as a nail.

As his strongest example of cure-allism at work Shore cites the idealization of privatization:

“The privatization form of cure-allism begins… with a theory that works well in many cases, but then it tries to apply that successful theory to areas where it doesn’t belong. Governments do tend to be less efficient than private enterprise when it comes to management. As a result, governments have increasingly moved to privatize a wide range of their services. But this theory, as with all forms of cure-allism, becomes a victim of its own success when it morphs into a dogma.”

Capitalism: A Love Story illustrates the limits of seeing privatization as the right tool for every problem. It tells a harrowing tale of a corrupt judge who accepted bribes to sentence teens to a for-profit juvenile detention center, sending them off in handcuffs for such minor offenses as talking back to their parents, and pocketing a finder’s fee for derailing their young lives. While Moore correctly shines a light on a form of cure-allism (privatization is always the answer) he replaces it with his own cure-all ideology (capitalism causes evil.)

Judicial corruption, for the record, is not created by capitalism. In fact, if you were to tell this story to a Russian, his reaction would no doubt be, “Yes, and what is your point?” In many countries of the world, this story would be seen as the rule not the exception, and our assumption that a bribe-taking-judge should never exist would be viewed as charming, quaint and lovely. But the fact that corruption exists in all economic systems does not dismiss the larger question of whether or not privatization of prisons is a good idea.

Like Moore, Shore sees in prison privatization “a clear conflict of interest with the larger society.”

He notes that “a government’s primary responsibility is to its citizens. A corporation’s primary responsibility is to its shareholders. Often the interests of share holders are not compatible with those of the citizens… A society should want to see its prison population fall, assuming that criminals are rehabilitated, taught new skills, and assisted with finding jobs until they are released. A private prison, in contrast, has a vested interest in seeing the prison population rise… Private prisons have few meaningful incentives to rehabilitate their inmates. On the contrary, they have an incentive to lobby politicians to pass ever tougher laws that will incarcerate ever more people.”

Unlike Moore, Shore does not ask “is privatization good or evil?” He asks, “Is privatization the best practice in this particular situation to achieve the outcome we want?”

We now live in an information environment that encourages black and white thinking and ideological cure-allism. In our O’Reiley v. Olberman world, we have become so accustomed to seeing complex questions framed as debates between two opposing ideological camps that we often find it difficult to even recognize other options. Which side are you on? Are you a liberal socialist or a free market libertarian? (Are you for Michael Moore or against him?)

We live in a three dimensional world. There are more than two sides. Yet the language with which we discuss problems tends to push us into a two side mindset. For example, I read a review of Michael Moore’s film on a libertarian blog that suggested that Capitalism only told “half the story.” While the reviewer may have meant “a limited perspective,” those are not the words he used. The expression, “half the story” implies that his is one of two parts of a tale and that if the other “half” were told everything would be in balance.

I would like to deputize you, my millions of readers, into the “more than two sides” movement. I would like you to set an internal alarm that goes off whenever you hear a newscaster or pundit talk about how “the other side” views the issue, and to keep your ear honed for language that urges you to view any complex issue as good or bad, left or right. If you’re so inclined, call your news sources and pundits out when they use such language or framing.

As for my final verdict on Capitalism: A Love Story; it is a piece of well-crafted and entertaining story telling that raises important questions about some of our social ills. Moore’s almost childlike insistence in seeing a world of good guys and bad guys often works to his advantage as a filmmaker because it allows him to go straight for the emotions. (Hollywood likes good guys and bad guys too.) As material for a fully informed debate it falls a bit short.

Whistle While You Work? Did you Pay your Royalties?

There was a time when the only way to hear music was to be there when it was performed. If you wanted music in your life, you had to make music. Music was a community endeavor. Over time, we stopped thinking of music as something to do, and started thinking of it as an entertainment product to consume.

The idea of music as a possession and money-making product can lead on occasion to ridiculous extremes. The BBC is reporting today on a woman threatened for infringing on songwriter's intellectual property by singing while stocking shelves at work. Sandra Burt, a 56 year old store clerk was called out by the Performing Right Society (PRS), which collects royalties on behalf of the music industry.

The village store where Mrs Burt works was contacted by the PRS earlier this year to warn them that a licence was needed to play a radio within earshot of customers.

When the shop owner decided to get rid of the radio as a result, Mrs Burt said she began singing as she worked.

She told the BBC news website: "I would start to sing to myself when I was stacking the shelves just to keep me happy because it was very quiet without the radio.

"When I heard that the PRS said I would be prosecuted for not having a performance licence, I thought it was a joke and started laughing.

"I was then told I could be fined thousands of pounds. But I couldn't stop myself singing."


Public outcry over the strong-arm tactics caused PRS to reverse its stand. Read the rest here:

BBC NEWS | UK | Scotland | Tayside and Central | Apology for singing shop worker.

Fear Itself


I'm going to take a break from Broke is Beautiful for the moment to revisit the topic of one of my earlier books, The 100 Most Dangerous Things in Everyday Life and What You Can Do About Them, the premise of which is that we worry ourselves over the wrong things.

Lenore Skenazy author of Free Range Kids would like parents to relax about Halloween dangers. She writes in the Huffington Post:

It's not that I'm cavalier about safety. I'm just a sucker -- so to speak -- for the facts. And the fact is: No child has been poisoned by a stranger's goodies on Halloween, ever, as far as we can determine. Joel Best, a sociology professor at the University of Delaware, studied November newspapers from 1958 to the present, scouring them for any accounts of kids felled by felonious candy. And...he didn't find any. He did find one account of a boy poisoned by a Pixie Stix his father gave him. Dad did it for the insurance money and, Best says, he probably figured that so many kids are poisoned on Halloween, no one would notice one more.

Well, they did and dad was executed. That's Texas for you. Another boy died after he got into his uncle's heroin stash and relatives tried to make it look like he'd been killed by candy. And that's it...

It's not just the fact that churches and community centers are throwing parties so that kids don't go out on their own. It's not just the fact that Bobtown, Pennsylvania has gone so far as to "cancel" Halloween altogether -- for the sake of "safety." (The authorities there were surprised to find this decision unpopular.)...

No, the truly spooky thing is that Halloween has become a riot of warnings that are way scarier than the holiday itself...

Our fears are so overblown they'd be laughable if they didn't sound so much like the fears that are haunting us the rest of the year. Fears that have lead to parents to wait with their kids at the school bus stop, and keep them inside on sunny afternoons. Fears that make parents forbid their kids from skipping down the street to invite a friend out to play. That's the everyday version of Halloween fear: The fear that we cannot trust our children amongst our neighbors for one single second because, who knows, they might be pedophiles just waiting to pounce.

If you want to see what childhood is becoming, look how at what Halloween has already become: A parent-planned, climate-controlled, child-coddled, corporate-sponsored "event," where kids are considered too delicate to even survive the sight of a scary costume...




Enjoy some Free Spooky Music from the Free Music Archive


Friday, October 30, 2009

Another Reason Broke is Beautiful

Higher pay equals worse performance.

At least that it the result of one study as reported in Creditbloggers.com.

Economist Dan Ariely, who just presented at Pop!Tech, created a series of experiments for which he promised people money for performing well.

One group was promised a day’s wages for doing well at these tasks. Another group was offered more. A third group was offered a full five months’ salary.

As the chart here shows, the group with the largest monetary incentive performed the most poorly. How come? Ariely concludes that when stakes are really high, people get more anxious about doing well, and that anxiety actually hurts their performance.

How to Be Happy with Less

Thursday, October 29, 2009

"Living Can Be Easy"

This clip is from a German documentary about a woman named Heidemarie Schwermer who has been living without money for 13 years.

Fight For your Right to Dr-y-y

Remember the humble wooden clothes pin? They were invented by Shakers. The clothes pin is becoming an endangered species writes The New Scientist. National Clothespin of Montpelier, Vermont, the last U.S. manufacturer of wooden clothespins ceased its manufacturing operations and now imports clips from China to make novelty refrigerator magnets.

Most Americans would rather watch their wet clothes tumble around in a dryer. Even if they wanted to dry their undies the old fashioned way, many home owners associations forbid it.

Why? "Clothes lines evoke a negative emotional reaction from many Americans, who view them as flags of poverty. Property owners often fear that a clothes line in their neighbourhood will lower the value of their house."

Project Laundry List, a pro-line drying organization, estimates that most of us could save about 10 per cent on energy costs if we did our laundry the green way - cold water, line dry, no bleaching or ironing.

Photo by Michael Jastremski

Luxury or Necessity?

From the kitchen to the laundry room to the home entertainment center, Americans are paring down the list of familiar household appliances they say they can't live without, according to a new national survey by the Pew Research Center's Social & Demographic Trends project...

These recession-era reevaluations are all the more striking because the public's luxury-versus-necessity perceptual boundaries had been moving in the other direction for the previous decade.


Source: Luxury or Necessity? The Public Makes a U-Turn - Pew Social & Demographic Trends

An Anti Matter Economy?

From Boing Boing:

In a new exhibit opening in just a few weeks, conceptual artist Jonathon Keats will propose an antimatter-based mirror economy designed to boom as the regular-ole economy continues to tank.

"Economic equilibrium is upset by our unbalanced pursuit of material wealth," says the artist. "My plan is to offset materialism with modern science, by exploiting the economic potential of antimatter, which is the physical opposite of anything made with atoms, from luxury condos to private jets."

Wednesday, October 28, 2009

The Good News: The Broke Are Healthier!

According to Fortune the downturn in the economy has been a boon to our national health. This is an entertaining article, which begins with an observation about the downturn in the casket business due to "a virtual epidemic of people not dying."

In difficult economic times, it seems, people lead healthier lifestyles. Is it because we're all following the advice on the evening news and buying fresh produce and cooking at home instead of going out to a restaurant? Apparently not. At least not primarily.

Statistical analysis shows that lower incomes aren't the reason; strapped consumers apparently aren't getting fitter because they must bike to work and survive on oatmeal and turnips.

Instead, one reason seems to be extra free time. Having no job means more time to hit the gym or just go for a walk. Exercise leads to weight loss, and research shows that it correlates with less smoking (though which causes which isn't clear). Being unemployed or underemployed also means more time for sleep, which improves health.

Yes!

Yes! Magazine has a wonderful section devoted to the New Economy. It is full of articles that offer new ways to think about work, money, wealth and measuring the health of our economy. Highly recommended.

Individual Choices and the Free Market

I recommend Edward Harrison's article at Credit Writedowns. Lots of food for thought here, beginning with an argument against using the rhetorical tool of dehumanizing individuals with terms like "bankster" and "bureaucrat," Harrison goes on to ask some philosophical questions about the culpability of an individual in a large impersonal system like banking:

What blame could/should an individual like this bear for alleged predatory lending at Washington Mutual (I hate to pick on the employee in this example as her instincts seem to be in the right place)? If we individually make the wrong moral decisions, do we collectively risk a market failure like the one we saw in the recent spate of predatory lending? I think the answer is yes. But I also think it is difficult for one individual to make a difference in a system where the incentives go against doing the right thing. This is a major argument in favor of regulation.


The entire article is worth a read.

Broke is Beautiful for Indian Actors

The Indo-Asian News Service reports that actor-anchor Rakshanda Khan says she has had trouble finding work because television is full of village-based shows and producers complain that she is too glamorous to cast.

"I am having trouble getting work nowadays. Every other show is either about poverty or something to do with villages. And I have producers telling me - 'Aapko kaam kaise dein? Aap toh gareeb lagte hi nahin (We can't give you work, you don't look poor at all)'," Rakhshanda told IANS. "I never knew that I look so rich."

Tuesday, October 27, 2009

Ramen Tuna Lunch

In Praise of the Tube O Wine


So two weeks ago I wrote an article in praise of the ecological benefits of the Box O Wine. Now I discover that there is an even more green and thrifty delivery system for vino. The Tube O Wine.

Ecosalon has reviewed this new product which it says eliminates expensive traditional glass-and-cork packaging, cutting wine bottle landfill waste by 85%. The vino package is 100% recyclable and the label is produced by windpower. The cardboard tubes weigh 20% less than glass and can be transported using less gas.

Says it retails for "less than $10 a bottle." (That may mean that the tube sells for about $40, which would still make it less of a bargain, if pennies are your main concern, than a good box o wine.)

Food for Thought: A New Permanent WPA?


A University of Missouri-Kansas City economist is proposing a system of direct job creation to combat unemployment.

Direct job creation programs have been common in the US and around the world. Americans immediately think of the various New Deal programs such as the Works Progress Administration (which employed about 8 million), the Civilian Conservation Corps (2.75 million employed), and the National Youth Administration (over 2 million part-time jobs for students). Indeed, there have been calls for revival of jobs programs like VISTA and CETA to help provide employment of new high school and college graduates now facing unemployment due to the crisis.

But what I am advocating is something both broader and permanent: a universal jobs program available through the thick and thin of the business cycle. The federal government would ensure a job offer to anyone ready and willing to work, at the established program compensation level, including wages and benefits package. To make matters simple, the program wage could be set at the current minimum wage level, and then adjusted periodically as the minimum wage is raised. The usual benefits would be provided, including vacation and sick leave, and contributions to Social Security.

Soros Launches Effort to Battle Free-Market Zeal

Financier George Soros is announcing a $50 million effort... This week Soros is gathering some of the leading practitioners of the market-skeptic school, who were marginalized during the era of "free-market fundamentalism," among them Nobelists Joseph Stiglitz, George Akerlof, Michael Spence, and Sir James Mirrlees.

He's also creating an "Institute for New Economic Thinking" to make research grants, convene symposiums, and establish a journal, all in an effort to take back the economics profession from the champions of free-market zealotry who have dominated it for decades, and to correct the failures of decades of market deregulation.

Soros hopes matching funds will bring the total endowment up to $200 million. "Economics has failed not only to predict and explain what happened but has also failed to protect society," says Robert Johnson, a former managing director at Soros Fund Management, who will direct the new institute. "That's what the crisis revealed. The paradigm has failed. There is no guidance."


Read the rest: Soros Launches Effort to Battle Free-Market Zeal | Newsweek Voices - Michael Hirsh | Newsweek.com

Monday, October 26, 2009

"People Don't Love Music Any Less"

A Broke and Beautiful story from public radio's On the Media. Amanda Palmer of The Dresden Dolls talks about the upside of the new music environment and the downturn in CD sales. She is in favor of a system where people play for the love of music to audiences who love the music and who use creativity and innovation to make a living.

The Meditative Properties of Free Food Foraging

"It happens every mushroom season. Russians are passionate about gathering mushrooms, an ancient pastime they call the 'quiet hunt,' and routinely become so hypnotized that they get hopelessly lost. Regional search-and-rescue teams fan out on foot or in helicopters, occasionally enlisting tracking dogs or parachute jumpers, and newspapers retell their stories with gusto."

Read more:Moscow Journal - A Hypnotizing Hunt Leaves Russians Bewildered - NYTimes.com

Photo by Karamell, licensed through Creative Commons.

Gross National Happiness

As I wait for Broke is Beautiful to be released this spring, I continue to read books on some of the subjects in it. One is this rather unfortunate idea that we have that work makes us unhappy. In fact, work makes us happy. It is not having a sense of control over one's work that makes a person feel unhappy.

As Arthur C. Brooks noted in Gross National Happiness:

...within the bounds of normal worklife, the data are overwhelming clear that for most Americans, work in and of itself brings happiness-- regardless of how much income it generates... if gross national happiness is our goal, the American formula of hard work appears to function pretty well...

...economists frequently refer to the "labor-leisure trade-off," in which people have to decide whether to work or not, and if so, how much. It is true enough that these decisions exist. But economists usually make the further assumption that time spent in leisure gives us pleasure, while time spent in labor gives us pain-- and that we only work because it is necessary to earn money, which we want in order to meet other desires... this assumption is... inconspicously embedded in a lot of economic policy... An easy conclusion to be sure-- but, as evidence has shown, an incorrect one...

To the extent that work gives people a sense that they are in charge of their lives, it will bring them joy. If work-- or the lack of work-- strips people of control, it will bring misery.

Not In It For the Money

Interesting article at The Daily Beast on the differences between the for-profit and non-profit worlds:Gender Trouble at Non-Profits:

Society has two rulebooks; one for charity and one for the rest of the economy. This apartheid discriminates against the non-profit sector at every level.

Consider: The for-profit sector is free to pay competitive wages based on the value people produce, yet it’s considered unseemly for anyone to make money in charity. This forces our brightest young men and women to choose between doing well and doing good, and drives most of them, burdened by student debt, into for-profit careers.

Sunday, October 25, 2009

Living a Life of Luxury: Money Free

The word wealth comes from the Old English weal, which means well-being. Being wealthy simply means you’re doing well, so you don’t need money to pull it off.

This central theme of the forthcoming Broke is Beautiful was well expressed by Molly McDermott, who lost her job in the "luxury industry" due to the recession.

McDermott had an epiphany about the real meaning of "luxury" while watching the teenagers on the television program Gossip Girls carrying $10,000 designer handbags. These young people have not earned the right to carry such expensive items, she argues, because they could not possibly know what they are holding. (See a past article on this blog for more on how unrealistic television is about Americans' purchasing power.)

"Real luxury is about knowing what you are holding," she writes, "Not how much something costs, but understanding the time, passion, materials, research, development and dreaming that went into it. This is the lesson we should all take away from this financial mess–the ability to see things not just for their monetary value, but for their worth."

Incidentally, if you're looking for a really unique take on luxury, visit Podictionary, the etymology podcast. Charles Hodgson explains that the roots of luxury are from Latin. Luxus meant “abundance” and “sumptuous enjoyment.” Nothing too surprising there, but read on:

The fact is that although in Latin luxus meant “sumptuous enjoyment” the Latin precursor to luxury actually meant “sinful enjoyment.” So as Latin devolved into French and Italian and Spanish their words evolving from Latin’s luxuria mean “lust” and “debauchery.”

And so it was that when luxury first appeared in English from Old French in 1340 it didn’t mean sipping Champagne and swanning around in fur coats, it meant slipping between the sheets with someone you weren’t supposed to.



Gives new meaning to the expression "lap of luxury" doesn't it?

Saturday, October 24, 2009

Maybe They Should Have Tried Arbitration

I am reading Aljean Harmetz's the Making of The Wizard of Oz. I enjoyed Margaret Hamilton's take on The Wicked Witch of the West. (Hamilton was the character actress who played the part in the film.) She sees the whole story as a rather heated property dispute.

"She (the witch) never got what she wanted. She didn't want Dorothy and she didn't want any of those other characters. She just wanted those slippers. And today, according to law, she probably would have had them. They were her sister's and she would have been in line to inherit them. But she didn't get there fast enough."


Word of the Day: Replevin: A legal action to recover possession of tangible personal property wrongfully taken or withheld by another.

Interview with the author of In Cheap We Trust

Who cares if Wall Street 'talent' leaves?

CNN Money asks Who cares if Wall Street 'talent' leaves?

"But maybe the best reason not to fret about talent flight is one familiar to cubicle dwellers everywhere: just because someone has a big, high-paying job doesn't mean they're good at it."

Friday, October 23, 2009

Health Care on $5 a Year

Did you know? In 1900, the average American spent $5 a year on health care ($100 in today's money). No one had health insurance, because you don't need insurance for something that costs $5 a year.

Source: Accidents Of History Created U.S. Health System : NPR

The whole article, on the history of our current health insurance system is an interesting read.

The Practical in the Impractical

According an article in the current edition of The American Scholar, the number of young men and women majoring in English has dropped dramatically; the same is true of philosophy, foreign languages, art history, and history.

Meanwhile business has become, by far, the most popular major in the nation’s colleges and universities with more than twice the majors of any other course of study.

William M. Chace, the article's author, argues that changes in the teaching of humanities are largely to blame, but he also lists that the rising cost of a college education as a culprit:

In an educational collapse of this magnitude, other forces must also be at play. The first of these is the surging growth of public higher education and the relatively slower growth of private colleges and universities.

During the most recent period for which good figures are available (from 1972 to 2005), more young people entered the world of higher education than at any time in American history. Where did they go? Increasingly into public, not private, schools. In the space of that one generation, public colleges and universities wound up with more than 13 million students in their classrooms while private institutions enrolled about 4.5 million. Students in public schools tended toward majors in managerial, technical, and pre-professional fields while students in private schools pursued more traditional and less practical academic subjects...private schools have until now been the most secure home of the humanities. But today even some liberal arts colleges are offering fewer courses in the liberal arts and more courses that are “practical.”

...an obvious external cause: money. With the cost of a college degree surging upward during the last quarter century—tuition itself increasing far beyond any measure of inflation—and with consequent growth in loan debt after graduation, parents have become anxious about the relative earning power of a humanities degree.


Our cultural trend towards measuring the value of education almost entirely in terms of earning potential is something I have discussed in my sister blog dedicated to my ballet business. Last September, in an article titled A Question of Arts Education, I wrote:

One of the arguments that is often put forward for arts funding is that studying the arts improves performance in other academic areas. For example, music increases math proficiency. Why do we resort to this argument instead of arguing that arts education increases art proficiency?

We are, perhaps, used to making economic arguments for educaton. Go to school, get an education, and you'll make more money over the course of your life. We're hard pressed to argue that years of focus on ballet or poetry will increase someone's earning potential.

And why is a philosopher, poet, musician or dancer likely to have a lower income? Here we get back to the Rand study (Cultivating Demand for the Arts), which argues that we don't fund arts because we didn't learn their value in school.
As I noted in an article in that blog last December, Former National Endowment for the Arts chairman Bill Ivey told the Utne Reader, that he is concerned that Americans have become consumers of art rather than creators.

"We feel that sports are invigorated when many people can play at many levels. While we understand that amateur basketball players are not going to be as good as a superstar, there’s no sense that they shouldn’t be doing what they’re doing. But in the arts, around the fourth or fifth grade, we find people who have special talent, we separate them, give them special attention, and create some terrific artists who serve society—but we tend to denigrate the amateur."

Ivey, for one, believes that artists could be a much more important part of the economy. "If we’re talking about a new sewage disposal system, there should be an artist on that panel; there should be artists on school boards and neighborhood commissions, not to make the project look pretty, but to bring a unique approach. Artists are very good at metaphor, at seeing less-obvious links, at right-brain thinking that might not be linear but that gets you to a good result by making an imaginative leap."

What do you think? Is the decline in enrollment in humanities courses a problem and, if so, what are the potential solutions? By seeing the arts as "impractical" are we missing out on practical applications of artists unique perspective in our communities?

Good News if You're Driving an Old Station Wagon

If your neighbor only stops washing his SUV long enough to chortle at your beat up station wagon, you can retort, "at least I'm safe from bears!"

Black bears at Yosemite National Park break into minivans and SUVs more than any other types of vehicles to find food, according to a new study published in the October 2009 Journal of Mammalogy. (I first read about it in the Utne Reader). The humble station wagon was the least attractive to bears.

Between 2001 and 2007, bears broke into vehicles at the following rates: minivans, 26 percent; sport–utility vehicles, 22.5 percent; small cars, 17.1 percent; sedans, 13.7 percent; trucks, 11.9 percent; vans, 4.2 percent; sports cars, 1.7 percent; coupes, 1.7 percent; and station wagons, 1.4 percent.

Create Your Own Economy Part II: Making Money...Literally

Why does money have value? Why, because we say it does.

What if I were to print up certificates with the word "money" on them, would they be money? If you accepted them in exchange for something else, sure.

Local scrip is legal. Since we no longer back up money with gold, notes only have to be declared to be money by an authority and a community has to agree to accept it.

The U.S. dollar is backed by the U.S. government, but they're not the only authority that can declare something "money." A New York local currency, The Ithaca Hour, for example, is backed up by the Circulation Committee of Ithaca HOURS, Inc. Madison, Wisconsin also has a local currency called the Hour.

The Berkshire region of Western Massachusetts (where I lived for about eight years) has had an experimental local currency called the Berkshare since 2006.

In August NPR reported on a group of Brooklyn artists who were trying to launch their own local currency. Three local businesses in Detroit this past summer launched their own currency and, of course the Disney corporation created its own world and Disney Dollars to spend in it.

The BBC in September had a story on a local currency created as a barter tool in the south London neighborhood of Brixton, which includes a brief history of local currencies. (Before 1700 all currencies were local.)

Berkshare co-founder Susan Witt told the BBC, "...in difficult times, businesses are looking at ways to make their business work. It relies on people's sense of wanting to shape their own economic future."

(Photo: Shira Golding / Flickr/Creative Commons)

Thursday, October 22, 2009

Create Your Own Economy

What does "Broke is Beautiful" mean? It is the beauty of creating something out of seemingly nothing, of not taking assumptions about what it means to be rich, or how you measure prosperity as given. It is an idea that is catching on.

Online, you can literally create your own economy. By that, I mean you can build an ordered set of opportunities for prosperity and pleasure, analogous to a traditional economy but held in your head. There is no obvious monetary transaction, but you're using your limited resources to get a better deal -- the very essence of economics. In fact, "economics" comes from oikonomia, the ancient Greek word for household management, and the modern practice of economics is returning to that idea.


Read the rest of this July article fromFast Companyat:One Lesson from the Crisis: It’s Time to Create Your Own Economy.

Three Cheers for Ramen Noodles!


Did you know Nissin Foods still brings in 300 billion yen ($2.7 billion U.S.) a year with their original "Top Ramen" noodles? Pretty amazing for a product that retails at about 17c a packet.

Found an article on the history of ramen at The Straight Dope.

Random Blog of the Day


From time to time I hit the "next blog" navigation tool to see what random blog appears. Today's fun find is:YOUR STUDIO BLOG. Its proprietor is fascinated by artists' work spaces. The site is a collection of photos of such spaces.