economics
Baumol’s cost disease
Small economies
The economic value of old buildings
The mirror-image economy
You cannot consume what is not produced
The Fetish of human life
Avant-Garde and Kitsch
The trend is your friend 'til the bend at the end
The amorality of Web 2.0
An Essay by Nicholas CarrThe Internet is changing the economics of creative work – or, to put it more broadly, the economics of culture – and it’s doing it in a way that may well restrict rather than expand our choices. Wikipedia might be a pale shadow of the Britannica, but because it’s created by amateurs rather than professionals, it’s free. And free trumps quality all the time.
Tokenize This
An Artwork by Benjamin GrosserDifferent from the typical website whose URLs act as persistent indexes to a page and its contents, Tokenize This destroys each work right after its creation. While the unique digital object remains viewable by the original visitor for as long as they leave their browser tab open, any subsequent attempt to copy, share, or view that URL in another tab, browser, or system, leads to a “404 Not Found” error. In other words, Tokenize This generates countless digital artifacts that can only be viewed or accessed once.
Hints towards a non-extractive economy
An Article by Matt WebbThere’s a movement called the circular economy which is about designing services that don’t include throwing things away. There is no “away.”
A non-extractive economy is going to look very different to today’s economy. These points feel opposed somehow but they are part of the same movement:
- With CupClub, it’s all about infrastructure.
- With the battery-free Game Boy, it’s untethered from infrastructure: once manufactured, no nationwide electricity grid is required to play.
We’ll need better tools to track and measure. There will be new patterns for new types of services. New technologies to build new products. New language. So it’s fascinating seeing the pieces gradually come together.
The psychology of a discount
An Article by John MaedaFound on a wall.
The bitterness of poor quality remains long after the sweetness of low price is forgotten.
The Collected Poems of Emily Dickinson
The brain is wider than the sky
The brain is wider than the sky,
For, put them side by side,
The one the other will include
With ease, and you beside.The brain is deeper than the sea,
For, hold them, blue to blue,
The one the other will absorb,
As sponges, buckets do.The brain is just the weight of God,
For, lift them, pound for pound,
And they will differ, if they do,
As syllable from sound.The brain within its groove
The brain within its groove
Runs evenly and true;
But let a splinter swerve,
T'were easier for you
To put the water back
When floods have slit the hills,
And scooped a turnpike for themselves,
And blotted out the mills!What if I say I shall not wait?
What if I say I shall not wait?
What if I burst the fleshly gate
And pass, escaped, to thee?The Caspian
The Caspian has its realms of sand,
Its other realm of sea;
Without the sterile perquisite
No Caspian could be.We outgrow love
We outgrow love like other things
And put it in the drawer,
Till it an antique fashion shows
Like costumes grandsires wore.I died for beauty
I died for beauty, but was scarce
Adjusted in the tomb,
When one who died for truth was lain
In an adjoining room.He questioned softly why I failed?
"For beauty," I replied.
"And I for truth, — the two are one;
We brethren are," he said.The morning after death
The bustle in a house
The morning after death
Is solemnest of industries
Enacted upon earth,—The sweeping up the heart,
And putting love away
We shall not want to use again
Until eternity.Because I could not stop for Death
Because I could not stop for Death,
He kindly stopped for me;
The carriage held but just ourselves
And Immortality.