It isn’t favors, it’s awesomeness

I got it wrong about the favors. In my last post I talked about exchanging favors, and owed debts for previous non-monetary transactions. I wanted to connect it to stuff previously done with money, and I mistakenly thought about it as an exchange of value in far too concrete a sense. It’s been haunting me […]

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 […]