Wednesday, October 28, 2009
Broke is Beautiful for Indian Actors
"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
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"
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 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
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
"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.
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
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?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 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.
"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."
Thursday, October 22, 2009
Create Your Own Economy
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.
"Cancerous Consumption"
An interesting thing has happened at Pop!Tech today. While the theme was meant to have been "America: Reimagined," there has been an irresistible momentum across a huge number of presenters towards imagining America as a metaphor for humanity's insatiable consumption and the way that it has fundamentally imperiled our earth.
Cancerous Consumption (Social Entrepreneurship - Change.org)
Necessity is the Mother
This is the thinking behind an Utne Reader article that suggests the economically deprived city of Detriot may lead the way as a shining example of successful, sustainable, urban farming. According to historian Mark Dowie the fact that Detroit "is home to zero grocery chains or big-box stores—leaving 80 percent of the population to get their food from convenience stores, liquor stores, and gas stations—helps position it to 'become the world’s first 100 percent food self-sufficient city.'”
Dowie meets some forward-thinking Detroiters “who imagine growing food among the ruins.” He writes about people who share visions of “chard and tomatoes on vacant lots (there are over 103,000 in Detroit, 60,000 city-owned), orchards on former school grounds, mushrooms in open basements, fish in abandoned factories . . . livestock grazing on former golf courses, high-rise farms in old hotels,” and many other adaptive farming techniques.
Read more at The Utne Reader.
Wednesday, October 21, 2009
Why Did the Blogger Cross the Road?
I subscribe to a number of Twitter feeds from people who blog on thrift and frugal living. An article came through today on the top five reasons to raise chickens.It reminded me of a fun little book I recently read called Travels with my Chicken by Martin Gurdon.
I thought I'd share a couple of my favorite quotes-- Gurdon on why he doesn't eat his pet chickens:
"What do you think? Eating them before [they've died] isn't much of an option. They wriggle when they're alive, the feathers are likely to get stuck between your teeth, and the process itself might be a little distressing for both parties, so we wouldn't eat them at that point. Once they've shuffled off their mortal perches the presence of death tends to indicate that they weren't well beforehand."
And on being interviewed with a chicken on your lap:
"An interview like this is something that is done to you-- not in an unpleasant way, but you're part of a process extruded like the product of a sausage factory into people's homes. Then you step off an invisible conveyor belt and emerge back into the real world, blinking with surprise, exactly as you were before."
Selling Indulgences: God and Gold
One of the perhaps incongruous blogs that I follow is Tithe Stewardship and Church Tithing. It is maintained by a Christian website designer and self-studied expert on the subject of tithing. He believes that instead of tithing, Christians should be stewards of the earth and engage in "spirit led giving.""We believe that God, our Creator, claims ultimate ownership of everything on the earth. God has entrusted his people with a stewardship and expects them to invest and manage the resources and talents He’s left them, in accordance to the eteral principles of God’s word."It has become a regular stop on my Broke is Beautiful reading list. (Check out his article on Five Reasons We Need a Recession) A few days ago Jared posted a feature on materialistic church signs. The one above (originally from The Dissident Blog) he says, "will make you think that tithing and coming to church is like joining a pyramid scheme that promises their secrets will get you rich."
If that doesn't work, apparently they are not above an old-fashioned stick up:

In case they need a weapon. I know where they might be able to get one. Here's a gun shop sign we photographed in North Carolina:
After year without, family finds middle ground
Along with his wife and young daughter, a man had just spent a year trying to reduce their net environmental impact to almost zero. The couple talk about their experiment and what they learned on the MSNBC web site.
Being Broke By Any Other Name...
"My grandpop used to say: There was a suburb of Scranton called Minooka,” Biden explained in a speech.
“He said, ‘When the guy in Minooka's out of work, it's an economic slowdown. When your brother- in-law's out of work, it's a recession. When you're out of work, it's a depression.'”
So how does Biden view it? "Well, it's a depression. It's a depression for millions of Americans, through no fault of their own," he said.
Reporters and bloggers seem to be taking this as another example of Joe Biden putting his foot in his mouth because as we all know it's really a recession not a depression and anyway, the recession is actually over.*
For example Dan Weil at Moneynews.com writes:
"Vice President Joe Biden says the U.S. is in a depression, contradicting the view of virtually all economists, not to mention his own previous statements...Certainly, the U.S. economy shrank by 0.7 percent in the second quarter. Yet nearly all economists now forecast an expansion for the third quarter. Former Federal Reserve Chairman Alan Greenspan goes so far as to predict third-quarter growth of 3 percent... Economists, meanwhile, are coming to believe that the recession, great or not, has already have ended."
So here's my question: Do you care if it is a "recession" or a "depression"? As an individual in the economy, will it change anything if we label it with a word starting with an R or a D? And if the recession is, in fact, over has that made a difference in your personal financial situation and your life?
*A telling line in a CNN Money article on the difference between a recession and a depression written back in March explains: "Even though household net worth has fallen a record $11 trillion, or 18%, during the course of this recession, the broader economy can weather such a shock."
So the people are more broke than they have ever been since we started keeping records, but not to worry because the economy is in good shape. As long as "the economy" is happy...
Tuesday, October 20, 2009
Dancing Like Fred
In this report I especially enjoyed the expression "the proletariat of Oz."
Look: Broke Really IS Beautiful!

This is the song Mo Money Mo Problems by Notorious B.I.G.
More specifically, it is an artistic interpretation of the video to that song created with the help of a computer.
Thanks to Information Aesthetics.
Monopoly's Origins as an Anti-Capitalist Game
I will touch on the subject of the original “Landlord’s Game” in Broke is Beautiful. Patented by Elizabeth Magie of Maryland, it was designed to satirize capitalism and discourage property speculation. Along with familiar spaces like banks, railroads, utilities and jail there was a public park and a “Mother Earth” at one of the corners.
The change in Monopoly's theme was part of a larger shift in the objectives of board games from teaching moral and ethical values to awarding the most financially successful.
The tale of Professor Ralph Anspach's decades long trademark battle with Parker Brothers over his parody game makes for riveting reading.
