Wednesday, April 29, 2009

418. Essay "The Devaluation of Reality" (Economic Discounting) Inspired by Conversation with My Housemate Kyle (First Fan Letter to Malcolm Gladwell!)

Slideshow of Supplemental Imagery Affiliated with the essay "Devaluation of Reality."

From Supplemental Imagery with Essay "Devaluation of Reality: Thoughts on Discounting in Economics..."

PDF of the Fan Letter can be accessed below:

From Supplemental Imagery with Essay "Devaluation of Reality: Thoughts on Discounting in Economics..."

PDF of the FULL Devaluation of Reality can be accessed below:
I am so braindead from working on this essay that I have nothing else to say, except that I am re-immersing in the context of the Santa Barbara Kinkos, with two very annoying kids right behind me pressing computer buttons and making beeping noises that are a little more annoying than a swarm of juvenile sqwacking (misp.) seagulls.

Notes, Conversation with Bub: The value of the dollar also this SYMBOLIC value of a currency arbitrary and in flux. Relative value of the resource may be the same, but not necessarily the currency. People do not value the future. Inflation means devaluation of the dollar. Galloping inflation (money is less important, demand for a raise, unions, strike). Inflationary spiral. Love, sex, death. Work, groceries, sex, watching movies. Economy of scale--mass production decreases price. Local--experiential doesn't necessarily mean valuable. Value--arbitrary fixation--on rocks or diamond rings. Tipping Point = Beer. I need to have everything now, even though I already have everything I need. People want certainty even though the world is uncertain--room for religion. Couple of word errors. Oops!

**Supplemental Imagery with Essay "Devaluation of Reality: Thoughts on Discounting in Economics..." Individual Spatial-Temporal Thinking. Drawn with my right hand (I am left-handed!) in Photoshop!
**Definition of Proximal and Ultimate Spacetime.
**Devaluation of systems with increased spacetime from frame of reference. Linear? Exponential?
**Thresholds of resource/information accessibility and resource/information hypersaturation--with a window of optimality (sanity and degree of manageability) in the middle.
**Eusocial Ecological Niche Space. Why do professors only have 5 grad students, not 500?


Victoria "Stokastika" said...

Just found a quote by Cormac McCarthy in the Wall Street Journal. Sheer volume of anything destroys the value of the thing itself. In this case, the volume of writing produced on the Internet.

If you look at the Greek plays, they’re really good. And there’s just a handful of them. Well, how good would they be if there were 2,500 of them? But that’s the future looking back at us. Anything you can think of, there’s going to be millions of them. Just the sheer number of things will devalue them. I don’t care whether it’s art, literature, poetry or drama, whatever. The sheer volume of it will wash it out. I mean, if you had thousands of Greek plays to read, would they be that good? I don’t think so.
–Cormac McCarthy in The Wall Street Journal

Victoria "Stokastika" said...

The question is how one establishes and maintains "sacredity" and "individuality" when being swamped and bombarded by masses and masses of information overload. Which is of course Dr. Randy Olson's "I Love Lucy Theory of Information Overload."