Tag Archives: economics

Automatism + Automaticity – 20th Century

If you thought my previous introduction was dark, then if you use your imagination a little to color in the details of what comes next, then you may actually begin to lose your faith in humanity – but I choose … Continue reading Continue reading

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The Irrationality of Irrationality

When you let the word “irrational” roll off your tongue, you do a very irrational thing: You specify something that doesn’t exist. It is very much like trying do describe a vaccum (not the cleaner, but rather the contents of … Continue reading Continue reading

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Rational Media + Literacy

In a rather lengthy digression on the “rational media” topic, I wrote some more about my notion of literacy (which includes what other people often refer to as “media literacy”, “computer literacy” or other such special cases — I do … Continue reading Continue reading

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Rewarding Life May Be Counter-Productive When Rewards Undermine Habits

A new friend of mine recently asked “how do you translate ‘rewarding’ into German?” I found it was fascinating that this was difficult to answer. We had been talking (and continue to talk) about how language and culture are closely … Continue reading Continue reading

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Something to Hide: Nothing to Show

Many people have something to hide, even though they maintain otherwise. In many if not most cases, people seem to try hiding that theyfeel as if they have nothing to show. Let me step back for a moment to explain … Continue reading Continue reading

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Communication, Being a Communal Activity, is Community-Oriented — Is to Share an Act of Communism?

Sharing is a confusing concept — on the one hand, shares on Wall Street are perhaps the most iconic symbols of far-right capitalism and libertarian ideals, but on the other hand to share information… to present it to someone, apparently … Continue reading Continue reading

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Economic Substitution Revisited: Unraveling the Firm

Traditionally, the field of Economics has used something called a “production function” to describe a relationship whereby inputs (in the simplest of models, these might simply be “labor” and “capital”) are turned into outputs (many economists refer to some abstract … Continue reading Continue reading

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Computers, Humans, Economics, Marketing, Logic and Psychology

Computers are machines that apply algorithms according to some sort of logic… — and in this way they function in a way quite analagous to economic theory. Humans are beings that use their brains according to psychological quirks they have … Continue reading
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Information / Technology vs. People

One aspect of economics that — in my opinion — people often misunderstand is one of Karl Marx’s central theses: Capital / investment in technology actually competes with labor. I find it odd that so many people say Marx was … Continue reading
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21st Century Production Functions and Implications for the Labor Force, Employment, Unemployment and the General Population

I have been thinking a lot about economic models ever since I studied economics, but I have been thinking about them a lot more since the financial crisis. One point that has been a part of my thinking for a … Continue reading
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