Thursday, October 25, 2007
More from Pop!Tech
Live from Pop!Tech: My Kind of Dinner Party
Live from Pop!Tech: Thursday's closing thought
Live from Pop!Tech: The Art of Giving Consumerism Stats Emotional Punch
Live from Pop!Tech: Friday's Closing Thought
Live from Pop!Tech: Losing Books from the Library of Life
Live from Pop!Tech: Questioning Our Slow Instincts and Speed Limits
Live from Pop!Tech: Today's Social Capitalist Assignment
In the meantime TED is blogging on the PopMech Awards
Robert Frank - The more natural economist
Not being a formal student of economics, it is difficult to determine if Professor Frank's approach puts him in the heterodox category or not. I do see this approach as being more useful to my own concepts of intentional beneficial paradigm shift. The ability to think logically about the effects of actions could have on the future, at least on the local level. My attempts to understand the Grameen Phone issue raised by Fast Company is one example.
Design Delights
But since the proof is in the pudding or the pictures, those are here.
Other interesting links to concepts of design, also from Fast Company, are the Cooper Hewitt Natural Design Museum and their National Peoples Design Award program .
Fast Funds from the Fat
Here are my thoughts on the article. The link from Fast Company to Marginal Revolution in the article was wrong. The writing was an exercise. What is in truth the third incarnation hopefully has fewer mistakes.
First off its one study and not a particularly extensive one. Second the better question is why does money even small amounts induce people to loose weight while health and social acceptance does not. I doubt its the ability to get a couple extra videos for rent. The answer to the question in the article does anyone dare is obvious - plenty Jenny Craig, Weight Watchers etc. etc. Third the two scenarios are quite different. Professor Cowen's version is negatively re-enforced. Even if it works for a few, the repeat or referred business will drop off fast. The study scenario is positively re-enforced for the participants. The company is the one paying there is no participant contribution. It is the Fast Company version that raises the questionable ethics. Under it, one it has too presume that most don't lose weight so in turn do lose money. It in fact presumes that the study is false and money does not make a significant difference. Finally, because there is now an investment to protect in a group interaction, which was not true of either Professor Cowen's version (no group) or the study version (no investment), there is the potential for sabotage because if others fail I could get more, thereby bringing in the questionable ethics and practical failing of the system. The ethical gray area of making a profit on people's negative self image. I think that's called the fashion industry. Actually the most interesting point raised is by Professor Cowen, an economist who argues, Money isn't always a useful tool in altering human behavior; anyone who's offered financial rewards to their children for doing chores can tell you that the results are mixed. Both costs and benefits it would seem are in the eyes of the beholder.
First Impression: Service
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Online Persona
An effect of this web experiment is that I now have an online persona. I have had online identities before so that the e-mail can get to the right place but not a persona. Of course its a fledging one but definitely has some advantages over my real world one. Best one is that I can always go back and correct errors that I usually can't in the 'real' world. Also my many quibbles and foibles are left behind or are at least not as apparent. Still there are many mistakes to be made in the online world as well. My online persona gives me - courage seems too strong a word - but making a first comment on other blogs seems easier than before. I had already started commenting on TED. Yesterday I saw a post from Marginal Revolution's Tyler Cowen, Every claim is wrong. Though likely more "liberal" than most of Professor Cowen's readers, his post raised some interesting questions which I have to take some time to ponder.
There have been other posts on the web also requiring greater thought dealing with the Grameen Phone Company who's founder Iqbal Quadir is featured under Social and Economic Paradigms . The article raising the questions is from Fast Company - Unplanned Obsolescence.


