Tag: economics

The Corporate Period in the Arts, part 6

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Unavoidable Conglomeration Books from major publishers have suffered stagnation and decline since the 1990s, but contrary to popular belief, this is not because schools are failing to teach kids to read. The hegemonic nature of the corporate system has a specific weakness that is also its strength, which is the concentrated power of management. Since trends are subject to the whims of a small number of people, all one needs to do to shift trends and culture is capture the management positions of the corporation, and that’s what happened in the literary world. It actually began decades before 1997, when…

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Metaverse Sucks… and you will use it

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Meta has ascended to memehood, and the Metaverse officially sucks, but not for the obvious reasons. And the reality is far more dystopian than you might think. What once was Facebook, now oddly rebranded to a word that describes nothing in particular, wants you to get online and get social, but this time… VIRTUAL. They even stripped the once cool-sounding “Oculus” of its name. I haven’t “explored” the metaverse as of yet (no meta headset and no extra 1,500 dollars to buy one, and if I did have the money, there are better things), but early reports are that it…

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Politics and the Alternate Utility of Time

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Next time you turn on the news, click to open an article, or read a long post/Twitter thread on politics, consider what else you could be doing during that time. Time, after all, is the one resource you can’t get more of. Unlike economies of trade, it is a zero-sum game. The concept of alternate utility in economics deals with how resources are best used. For instance, a piece of land could be used to grow 100 units of corn or 80 units of rice. Another plot could produce 30 units of corn or 50 units of rice. If corn…

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ECONOMIC ARGUMENTS

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The obsession with the material… That’s what the vast majority of “conservative” arguments are these days – appeals to the material. I write this article on a state-of-the-art (from five years ago) computer powering two huge monitors whose inner workings might as well be magic, surrounded by walls full of guitars – and not just any guitars, some of the best ever made. I have a magical electronic drum set a few feet from me, just in case I want to play drums without bothering my neighbors. I live in a huge house in one of the most expensive states…

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Judging things by their outcomes

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This post is beyond the contest between consequentialism and deontology, before anyone starts firing up his philosophy brain. I notice in our society there is a profound resistance to judging actual outcomes, whether it is a public program, government service, educational process, or even a workout routine. The tendency is to try to judge either the process for its own sake or to judge the intended outcomes of the process. A workout program seems fun at the gym – it’s a great program! But… did you gain strength and muscle, cut fat, or increase your athletic capacity? We can’t abandon…

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Boomer Economist vs. innerne’ pr0n

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I really don’t know how to write about Paul Krugman. Others have talked about his economics which is beyond my scope here (in short – the criticism is that he’s bad at prediction and engages in nostalgianomics), but when it comes to something like this, it’s hard to know where to begin: This is like a piece of post-modern art, only it actually means something. It’s a portrait of a boomer, painted with the boomer’s own words. Mike Cernovich had this to say: Yes, obviously the idea that someone “compromised” his IP address to download child pornography is absurd, but…

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