So, social connection and money both solve similar coordination problems. And for a couple centuries doing economics meant you could basically ignore the social connection category of wealth, because it was a pain in the ass to analyze and it wasn’t that powerful, really. But now there are a ton more social connections and those …
Tag Archives: economy
The Favor Economy
This morning, Diane Ragsdale linked a great TED talk from 2005 in her brilliant-as-usual post on institutions supporting artists at her ArtsJournal blog, Jumper. Diane’s post is great, but I want to react mainly to the TED talk. Yes, it’s six years old. That’s why the video’s so SD looking and the speaker, Clay Shirky …