Posts Tagged: economics

The Rumpus Poetry Book Club Chat with Adrian Matejka

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Adrian Matejka discusses his new collection Map to the Stars, writing about poverty in contemporary poetry, and how racism maintains its place in our society. ...more

Personal, Political, and Poetic: A Conversation with Susan Briante

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Susan Briante discusses The Market Wonders, her newest collection of poetry in which she draws on market indicators like the Dow Jones Industrial Average to construct a criticism of contemporary culture. ...more

The Saturday Rumpus Essay: Valuation Methods

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In some of my fantasies, I make a pitch for art or for truth, defend them like commodities. ...more

The Paradox of Growth As Good

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Martin Kirk writes for Aeon on the paradoxical connection between economic growth and eliminating poverty. Kirk illustrates that increasing the size of the economic pie, by spending the world’s finite resources, with no change in distribution to impoverished populations, will not only not eradicate poverty in the near future, but will only accelerate the depletion of the natural world:

Every forest razed, every armament sold, every industrial pollutant created, even the profits from drugs and prostitution, all register as positive for GDP [the gross domestic product].

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The Rumpus Interview with Matt Bell

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Author Matt Bell talks video games, fiction, nonfiction, politics, empathy, and his new books, Baldur's Gate II: Shadows of Amn and Scrapper. ...more

The Novel of Economics

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Following her essay about the influence of Adam Smith’s economic theories in Jane Austen’s novels, writing at The AtlanticShannon Chamberlain gets back to the topic, this time debating what influence fiction had, and in particular the emerging genre of the novel, in Smith’s production:

“Perhaps this sense of turmoil, of progress that could still be undone, explains Smith’s apparent ambiguity about novels.

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The Rumpus Interview with Corinne Goria

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Author and veteran Voice of Witness editor Peter Orner sits down with Invisible Hands: Voices From the Global Economy editor Corinne Goria to talk about putting the book together, economic interdependency, and the complex human stories behind everyday items. ...more

The Rumpus Interview with Astra Taylor

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Driven by philosophical thought, Astra Taylor—documentary filmmaker, activist, and writer—looks at the way the Internet has affected social and economic change in her new book, The People's Platform: Taking Back Power and Culture in the Digital Age. ...more

Well, This Is Certainly One Way to Give Advice

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On a blog for the Wall Street Journal (where else?), Emily Oster gives advice based on economic theory. For example:

There is a model in economics called the “sS” model. It’s not often applied to relationships, but I think it should be….If something really good happens, or many good things in a row, it pushes you over some threshold (this is the “S” threshold) and you get married.

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Economists Set Phasers on Stun

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Nobel prize winning economist and NYT‘s columnist, Paul Krugman expresses his love for sci-fi and fantasy in an interview for Wired magazine.

Krugman cites Isaac Asimov’s novel Foundation as his inspiration for becoming an economist, a damned responsible one at that: “‘I read [Isaac Asimov’s] Foundation back when I was in high school, when I was a teenager and thought about the psychohistorians, who save galactic civilization through their understanding of the laws of society, and I said ‘I want to be one of those guys.’ And economics was as close as I could get.’” 

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Deconstructing Debt

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In this interview economic anthropologist David Graeber disputes the standard theory that the monetary system replaces the barter system, arguing that credit and debt come before money.

Graeber sheds light on the complex relationship between debt and morality, transitions from commodity to virtual money, and the relative importance of money versus debt, before dipping into the current financial crisis.

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Economics for Kids

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Children’s books are teaching all kinds of lessons and not just the morals-heavy, value-driven ones that are meant to stave off latent delinquency.

Read between the lines of children’s lit and you can brush up on some conceptual economics. One can begin to understand  economic efficiency by reading Click, Clack, Moo: Cows That Type, or learn the perils of overindulgent consumersim (remember what happened to Veruca in Charlie and the Chocoloate Factory?).

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The Limits of NGOs

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Internationally, labor unions have a weaker presence.

Making up for this slack are the non-governmental organizations that support health initiatives, women’s rights and ebb environmental degradation, etc. The presence of NGOs internationally, even with a history of positive consequences, have been facing governmental tensions over dealing with controversial issues, like food security or anti-corruption activist groups in India.

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Creating Jobs

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The Atlantic discusses job creation in both words and graphs. Derek Thompson breaks down the problem, explains where the jobs are hiding and tells us how we can grow, economically.

“Finally, there is the innovation conundrum. Calling for more innovation doesn’t mean inviting the 25 MacArthur Grant Fellows into a room and asking them to fix health care inflation.

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Not the Greatest Villains Then Living in the World

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The other week, The New Yorker published an excellent article by Caleb Crain about the peculiar economics and politics of life aboard a pirate ship in the 17th and 18th centuries. When the captain of an English slave ship was captured by pirates in 1719, his crew begged the pirates to spare his life, since they “never were with a better man.” Thus he lived to tell the tale (and write it up).

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