Archive for the ‘Media’ Category
Who goes with Fergus?
Who will go drive with Fergus now,
And pierce the deep wood’s woven shade,
And dance upon the level shore?
Young man, lift up your russet brow,
And lift your tender eyelids, maid,
And brood on hopes and fear no more.
And no more turn aside and brood,
Upon love’s bitter mystery;
for Fergus rules the brazen cars,
And rules the shadows of the wood,
And the white breast of the dim sea
And all the dishevelled wandering stars.
The place invites poetry. By the way, all sessions can be viewed from the webiste – check out in particular the last session featuring Gillian Tett of the Financial Times moderating a disucssion between Paul Volcker and George Soros.
Here’s what it all looked like through an amateur lens.
Great ideas are earned through hardship. It is a conviction that requires no argument, inscribed into our collective consciousness. As I have been writing/researching about Milton Friedman’s popular writings, I was surprised by the (popular) claim that Friedman was for many years an outcast in the economics profession, the proof was that such a respectable place as Duke University refused to carry his books (the specific source was a celebration of Friedman’s life by Robert Samuelson in Newsweek).
Milton and Rose Friedman write in their autobiography Two Lucky People, page 341 in the 1999 edition, of a letter sent to them by Mark Rollinson in 1989, who 30 years earlier had been a student at Duke University,
My years at Duke … were not happy ones. … To make matters worse, most of my fellow students and all of my professors held my views on several subjects in overt disdain.
One day after particularly severe ridicule in an economics class I went to the professor after the session and told him that I was quite certain that I was not stupid and I asked him if there were not at least some economists who shared my views. “Oh yes,” he said “as a matter of fact we’ve discussed you frequently here at the faculty level. You’re nearly a clone of some chap in Chicago named Milton Friedman. It’s truly amazing.”
Well, I went running over to the library with your name in hand, only to find that you were in the name catalogue. On consulting with my professor later, he explained that Duke had a system of screening new material by the appropriate department and the Economics Department did not consider your work worthy of carrying.
Whereupon I went to the Dean of Men … and made an offer: put Friedman into the library or take Marx out; otherwise I would write a letter to the editor of every newspaper I could find.
They opted to add you and keep Marx.
When you received the Nobel Prize, I was prouder probably even than you, as you might imagine.
You can attest that a concept has become fairly popular when it is used by educated laymen/laywomen in very different circles. Obviously, Naomi Klein’s idea of a “Shock doctrine” is all over the place since we learnt about the tragic earthquake disaster – and its consequences – in Japan. This morning, I heard on the French public radio a political analyst talking about fears that international institutions may apply to Japan the “shock doctrine”, a word, he noted, that “economists like to use frequently”. In addition, the same concerns were expressed by a Facebook friend of mine as soon as Friday morning who wondered whether the World Bank was going to impose Japanese people a “Chicago School-like Shock therapy” (emphasis added). She is not an economist or a social scientist but a film editor and a street artist. Tiago, I think it is time to revive your “the Evil that economists do” paper!
PS : I refrained from using as illustration one of these terrifying earthquake or desolate lands pictures that have circulated all over the net. I feel uneasy with the ambiguity existing in their intense dissemination, as if people were both appalled and fascinated in an unhealthy way by the Japanese drama. Anyway, you can still donate to one of the organizations that are working on relief and recovery in the region.
Call of Duty: Black Ops is one of the top selling video games of all time, part of the Call of Duty series that has a loyal and cultic following. Black Ops “Easter Egg” (hidden feature, sub-game, plot, messages) is obtained at the starting screen where the character can release himself of the torture chair and walk to a computer console.
At the console, the player can run a command based adventure game, a zombie arcade game, and personal advice game, and it can access the CIA and Majestic-12 files of characters of the game (for more story content), plus some famous folk. I was surprised to find Vannevar Bush as one such entry, passwords: MANHATTAN and MAJESTIC1. Bush is a well known name in the history of science as the father of the post-1945 federal research system, including the National Science Foundation (NSF). He makes a cameo in the game as the Dr.-man of science in the service of the no-rules, intelligence agencies.
Black Ops’s plot line is a race against the clock to prevent a chemical Armageddon. But of course, it is not Bush that has the finger on the trigger, it is the Soviets. Damn you Soviets!
Mid December Google gave the nerds of the World an early Xmas gift. It was N-gram viewer, a visualization tool to plot word frequency (and word strings “n-grams” up to 5 words) in its Google Books corpus. There is a Science article to go with it dawning a new field of “culturomics” (apparently a Harvard University object). Looking beyond the Steven Pinker enabled hype, better methods to probe corpora for meaningful subtexts and cultural themes exist, N-gram viewer is just fun.
There are plenty of clever queries out there, but I liked most the ones I found in Datavisualization. Closer to our interests are the queries of Economic History Blog. My contribution is a bit poor in imagination. But here goes.
Occasionally, the label of our community becomes a subject of debate. What best represents us: history of economics (blue) or history of economic thought (green)? From n-gram viewer the latter gets the most uses. At least until 2000 there is not much movement between one and the other, their frequencies move in parallel. I am sorry to report that our subject peaked in the mid-1990s (in books at least). [Update, 8th Feb. 2011: I included two graphs with caps and without, thanks Andrej!]
The triad of Masters programs in economics are: Micro/Macro/Econometrics, but how to these fare in mentions? I was surprised that econometrics was ahead for most of the period, and macro goes over the top only in the 1980s.
How about subjects in the work of economists (and everyone else)? Growth is the word that explodes into consciousness particularly post 1945, as Wealth slowly declines.
The classic: supply or demand? Demand of course!
Finally, a query that is not much history of economics but is important. How have the lay been referred to: as citizens and taxpayers (political), or as investors, consumers and producers (economic).
The economic crisis has a new trope. Zombies. An Australian economist, professor, blogger has published a book titled Zombie Economics: How Dead Ideas Still Walk Among Us. And Paul Krugman wrote a recent op-ed “When Zombies Win.” (it is not the first time he played with the term.) The message that Quiggin and Krugman express is that some ideas rise from oblivion, and just won’t go away, won’t die, i.e. zombies.
I believe I know a thing or two about zombies. I watched, at a very impressionable age, The Night of the Living Dead, credited to have originated the concept (zombies are the most modern of monsters), although I always preferred the zombie comedy not being a horror buff: Army of Darkness, Zombieland and that classic Shaun of the Dead. I am now adept of zombie videogames playing often with my main bro Left 4 Dead 2, and looking forward to play in Call of Duty: Black Ops where I will choose between JF Kennedy, Nixon, McNamara or Castro and fight for survival against zombies in an underground complex (really! no kidding!).
These are my extensive zombie credentials, and with those I feel confident to say a thing or two about the semiotics of zombiehood.
Survival. The first and last element of all zombie tales is survival. Financial crisis is dire but it seems hardly the matter for life and death struggle, chainsaw in hand. In this the analogy presses urgency, but not action. Survival in a zombie world is to escape, keeping out of sight, lay low, and wait for someone with big guns to come clean the place. This is not Krugman’s approach who wants us to go out there and fix the economy…
Sadism. In most of its comedic and particularly in its videogame versions, the real pleasure of zombiedom is sadism, and indulgence in its exploration. Zombies look like people but their status as infected or cursed allows you to dispense of them with extreme prejudice. The human body is dehumanized, and somehow it’s ok. Here is what worries me most about the zombie analogy and the crisis, that it invites some level of dehumanization of those that are your opponents, these zombies ideas are also zombie people, and it is ok to terminate them with righteous violence. I don’t predict physical extermination, but a unhesitating deletion of the other from public discourse is not implausible.
Closure. Along with sadism, the underlying theme of a zombie story is that of a loved one (or a peer) that cannot rest, cannot go in peace, and that is incensed by a hunger for your flesh. Tough call. Zombie narratives are about letting go, about forgetting. How do you kill a zombie? You destroy his brain, his memory, his mind, his idea. This is a hot subject in science studies right now: the construction of ignorance, of forgetting. Take the work of Naomi Oreskes on climate change and her Merchants of Doubt: like the tobacco companies many decades ago trying to deny the links between smoking and cancer, the climate change deniers are today attempting to turn back the clock on knowledge. Krugman and Quiggin might be claiming that pseudo-science is holding us back from knowledge, but as an historian I worry about their appeal for forgetting and closure. As an historian I sympathize with the zombies. Sure if they bite you you will get very ill, but i plan to keep my distance.
(this post is all the more appropriate since AMC is doing a marathon of the first season of its Walking Dead)