Category Archives: Economics

GDP Blindness

Everyone seems to agree that Europe is a basket case compared to the US. Left-leaning economists say it is because of “austerity”, right-leaning economists say it is because of the “burdensome welfare state”. Wondering around Vienna, Austria recently I counted … Continue reading

Posted in Community, Economics, Government | Leave a comment

Robust Design and the Downside of Efficiency

I just read the article The Downside of Efficiency by Mark Buchanan. I realized that there is an analogy between what is discussed in that article and changes in the way we design products. It was formerly the case that engineers were … Continue reading

Posted in Economics, Environment | Tagged , , , , , , , | Leave a comment

Of Myth and the Gift Economy

First published in 1983, may consider “The Gift” by Lewis Hyde “a brilliantly orchestrated defense of the value of creativity and of its importance in a culture increasingly governed by money and overrun with commodities”. Hyde claims that creativity is “a gift” … Continue reading

Posted in Economics, Government, Religion, Science, Sociology | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment