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Javier E

Dating Study: At What Age Are Men, Women Most Desirable? - The Atlantic - 0 views

www.theatlantic.com/...567083

dating matchmaking Psychology social media

shared by Javier E on 11 Aug 18 - No Cached
  • “Three-quarters, or more, of people are dating aspirationally,” she says. And according to a new study, users of online-dating sites spend most of their time trying to contact people “out of their league.”In fact, most online-dating users tend to message people exactly 25 percent more desirable than they are.
  • “There’s so much folk wisdom about dating and courtship, and very little scientific evidence,” she told me recently. “My research comes out of realizing that with these large-scale data sets, we can shed light on a lot of these old dating aphorisms
  • Bruch and her colleagues analyzed thousands of messages exchanged on a “popular, free online-dating service” between more than 186,000 straight men and women. They looked only at four metro areas—New York, Boston, Chicago, and Seattle—and only at messages from January 2014.
  • ...19 more annotations...
  • imagine that you are a very desirable user. Your specific desirability rank would have been generated by two figures: whether other desirable people contacted you, and whether other desirable people responded when you contacted them. If you contacted a much less desirable person, their desirability score would rise; if they contacted you and you replied, then your score would fall.
  • The team had to analyze both first messages and first replies, because, well, men usually make the first move. “A defining feature of heterosexual online dating is that, in the vast majority of cases, it is men who establish the first contact—more than 80 percent of first messages are from men in our data set,” the study says. But “women reply very selectively to the messages they receive from men—their average reply rate is less than 20 percent—so women’s replies … can give us significant insight about who they are interested in.”
  • It found that—insofar as dating “leagues” are not different tiers of hotness, but a single ascending hierarchy of desirability—then they do seem to exist in the data. But people do not seem universally locked into them—and they can occasionally find success escaping from theirs.
  • “I mean, everybody knows—and as a sociologist, it’s been shown—that older women have a harder time in the dating market. But I hadn’t expected to see their desirability drop off from the time they’re 18 to the time they’re 65,”
  • Across the four cities and the thousands of users, consistent patterns around age, race, and education level emerge. White men and Asian women are consistently more desired than other users, while black women rank anomalously lower.
  • “what we are seeing is overwhelmingly the effect of white preferences,” she cautioned. “This site is predominantly white, 70 percent white. If this was a site that was 20 percent white, we may see a totally different desirability hierarchy.”
  • And Bruch emphasized that the hierarchy did not just depend on race, age, and education level: Because it is derived from user behavior, it “captures whatever traits people are responding to when they pursue partners. This will include traits like wittiness, genetic factors, or whatever else drives people to message,” she said.
  • Here are seven other not entirely happy takeaways from Bruch’s study:- In the study, men’s desirability peaks at age 50. But women’s desirability starts high at age 18 and falls throughout their lifespan.
  • The key, Bruch said, is that “persistence pays off.”“Reply rates [to the average message] are between zero percent and 10 percent,” she told me. Her advice: People should note those extremely low reply rates and send out more greetings.
  • I was also surprised to see how flat men’s desirability was over the age distribution,” she said. “For men, it peaks around age 40 or 50. Especially in New York.”
  • “New York is a special case for men,” Bruch told me. “It’s the market with the highest fraction of women. But it’s also about it being an incredibly dense market.”
  • “Seattle presents the most unfavorable dating climate for men, with as many as two men for every woman in some segments,” the study says
  • Across all four cities, men and women generally tended to send longer messages to people who were more desirable than them. Women, especially, deployed this strategy.
  • But the only place it paid off—and the only people for whom it worked with statistically significant success—were men in Seattle. The longest messages in the study were sent by Seattle men, the study says,“and only Seattle men experience a payoff to writing longer messages.”
  • A more educated man is almost always more desirable, on average: Men with postgraduate degrees outperform men with bachelor’s degrees; men with bachelor’s degrees beat high-school graduates.
  • “But for women, an undergraduate degree is most desirable,” the study says. “Postgraduate education is associated with decreased desirability among women.
  • men tended to use less positive language when messaging more desirable women. They may have stumbled upon this strategy through trial and error because “in all four cities, men experience slightly lower reply rates when they write more positively worded messages.”
  • “The most common behavior for both men and women is to contact members of the opposite sex who on average have roughly the same ranking as themselves,
  • “The most popular individual in our four cities, a 30-year-old woman living in New York, received 1504 messages during the period of observation,” the study says. This is “equivalent to one message every 30 min, day and night, for the entire month.”
Javier E

I Sent All My Text Messages in Calligraphy for a Week - Cristina Vanko - The Atlantic - 2 views

www.theatlantic.com/...373477

writing texting message handwriting calligraphy communications social network

shared by Javier E on 29 Jun 14 - No Cached
  • I decided to blend a newfound interest in calligraphy with my lifelong passion for written correspondence to create a new kind of text messaging. The idea: I wanted to message friends using calligraphic texts for one week. The average 18-to-24-year-old sends and gets something like 4,000 messages a month, which includes sending more than 500 texts a week, according to Experian. The week of my experiment, I only sent 100
  • We are a youth culture that heavily relies on emojis. I didn’t realize how much I depend on emojis and emoticons to express myself until I didn’t have them. Handdrawn emoticons, though original, just aren’t the same. I wasn't able to convey emoticons as neatly as the cleanliness of a typeface. Sketching emojis is too time consuming. To bridge the gap between time and the need for graphic imagery, I sent out selfies on special occasions when my facial expression spoke louder than words.
  • That week, the sense of urgency I normally felt about my phone virtually vanished. It was like back when texts were rationed, and when I lacked anxiety about viewing "read" receipts. I didn’t feel naked without having my phone on me every moment. 
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  • So while the experiment began as an exercise to learn calligraphy, it doubled as a useful sort of digital detox that revealed my relationship with technology. Here's what I learned:
  • Receiving handwritten messages made people feel special. The awesome feeling of receiving personalized mail really can be replicated with a handwritten text.
  • Handwriting allows for more self-expression. I found I could give words a certain flourish to mimic the intonation of spoken language. Expressing myself via handwriting could also give the illusion of real-time presence. One friend told me, “it’s like you’re here with us!”
  • Before I started, I established rules for myself: I could create only handwritten text messages for seven days, absolutely no using my phone’s keyboard. I had to write out my messages on paper, photograph them, then hit “send.” I didn’t reveal my plan to my friends unless asked
  • Sometimes you don't need to respond. Most conversations aren’t life or death situations, so it was refreshing to feel 100 percent present in all interactions. I didn’t interrupt conversations by checking social media or shooting text messages to friends. I was more in tune with my surroundings. On transit, I took part in people watching—which, yes, meant mostly watching people staring at their phones. I smiled more at passersby while walking since I didn’t feel the need to avoid human interaction by staring at my phone.
  • A phone isn't only a texting device. As I texted less, I used my phone less frequently—mostly because I didn’t feel the need to look at it to keep me busy, nor did I want to feel guilty for utilizing the keyboard through other applications. I still took photos, streamed music, and logged workouts since I felt okay with pressing buttons for selection purposes
  • People don’t expect to receive phone calls anymore. Texting brings about a less intimidating, more convenient experience. But it wasn't that long ago when real-time voice were the norm. It's clear to me that, these days, people prefer to be warned about an upcoming phone call before it comes in.
  • Having a pen and paper is handy at all times. Writing out responses is a great reminder to slow down and use your hands. While all keys on a keyboard feel the same, it’s difficult to replicate the tactile activity of tracing a letter’s shape
  • My sent messages were more thoughtful.
  • I was more careful with grammar and spelling. People often ignore the rules of grammar and spelling just to maintain the pace of texting conversation. But because a typical calligraphic text took minutes to craft, I had time to make sure I got things right. The usual texting acronyms and misspellings look absurd when texted with type, but they'd be especially ridiculous written by hand.
sissij

I know they've seen my message - so why haven't they replied? | Culture | The Guardian - 0 views

www.theguardian.com/...age-so-why-havent-they-replied

social media bias psychology

shared by sissij on 17 Mar 17 - No Cached
  • Ah, the tyranny of read receipts – enough to put you off digital communication for good.
  • It sounds straightforward enough, even perfunctory, and indeed it is if it’s only a blip in the back-and-forth. But when a message lingers on “seen” without explanation for anything beyond a few minutes, you’ve been “left on read”. It’s enough to make even the most self-assured individuals question their worth.
  • It works both ways, too: if you’ve read a message that you’re either unable or unwilling to respond to immediately, the countdown has already started.
  • ...10 more annotations...
  • You never picture them driving, or in the bath, or with relatives who don’t believe in phones at the table. In the moment, the likelihood of their secretly resenting you, or agonising over a reply that is certain to disappoint, seems far greater than it actually is.
  • There’s no such goodwill in web 2.0, when everyone is assumed to be available at all times. And if not – it’s personal.
  • but in that case I’d like to think you’d give them the benefit of the doubt, and assume they’d fallen over in the shower or something.
  • The anxiety of being left on read is silly but it is real, and unique to this time. There is no analog equivalent.
  • well, is it any wonder anxiety is so rife among Generation Y?
  • People will go to some lengths to avoid being seen to have “seen” a message – on Snapchat and Facebook, downloading the message then turning on flight mode and opening it can stop it from registering as opened.
  • Turning on “previews” that display on the lock screen will, in many cases, show enough to get the gist of a message (“I think we should break ... ”) without opening it.
  • But while some people contort themselves to avoid being seen to have “seen”, others manipulate that anxiety to their own ends.
  • But maybe read receipts and the games people play with them have just ruined my ability to trust.
  • When we’re used to good things happening instantly, time taken to craft a thoughtful reply is considered a bad thing.
  • sissij on 17 Mar 17
     
    I totally agree with the author that the read receipts should be optional. I personally have some issue with the read receipt because I don't like to reply instantly except it is a urgent message. I like to take some time to think about what I want to comment on or write back. Although the society now likes to be fast and instant, I am still a slow person. I feel the read receipt is forcing me and giving me pressure to be fast and instant. 
Javier E

When Your Facebook Friend Is Racist - Megan Garber - The Atlantic - 0 views

www.theatlantic.com/...274706

facebook conformity superficial complicity racism

shared by Javier E on 07 Apr 13 - No Cached
  • Psychologists Shannon Rauch and Kimberley Schanz published their work in the journal Computers in Human Behavior. They sampled 623 Internet users (all white, 70 percent students), asking them to indicate the frequency of their Facebook usage. The group then read one of three versions of a Facebook Notes page they were told was written by a 26-year-old named Jack Brown. "Jack" was white and male. The first version of Jack's message contained what the researchers call a "superiority message": It "contrasted the behaviors of black and white individuals, only to find consistent superiority of the whites."
  • The researchers then asked participants, for each version of the post, to rate factors like "how much they agreed with the message," "how accurate they found it," "how much they liked the writer," and, significantly, how likely they were to share the post with others
  • Their findings? "Frequent users are particularly disposed to be influenced by negative racial messages." The group of more-frequent Facebook users didn't differ from others in their reaction to the egalitarian message. But those users "were more positive toward the messages with racist content -- particularly the superiority message." 
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  • Facebook, for all the unprecedented connection it fosters among previously atomized people, fosters a very particular kind of connection: one that is mediated, at all times, by Facebook. And one that therefore makes very particular kinds of assumptions about how and why people connect in the first place. Facebook "connection" is defined -- semantically, at least -- by friendship. ("Facebook friends," "friending people," etc.) While it doesn't assume that every connection is an actual friend, in the narrow and maybe even old-fashioned sense of the word, Facebook's infrastructure does assume esteem among people who friend each other.
  • The study itself, in fact, is confirming the hypothesis that Rauch and Schanz started with: "We predict," they noted, "that due to potential chronic traits and/or their adaptation to a Facebook culture of shallow processing and agreement, frequent Facebook users are highly susceptible to persuasive messages compared to less frequent users.
  • This is, to say the least, troubling.
  • Facebook, as a result, is structured as an aggressively upbeat place.
  • social complicity. You can argue on Facebook, but it is not really encouraged. And the interactions Facebook fosters as it expands -- the status updates, the information sharing, the news consumption -- stem from that default-positive place. "Like," but not "Dislike." "Recommend," but not "Reject."
  • That's significant, because Facebook wants to expand from social connection into informational connection. The News Feed as the "personalized newspaper"; the just-introduced Home as a mobile locus of that newspaper.
  • Heavy users of Facebook tend to use the site because of a desire for social inclusion. In that context, the study suggests, those users are primed to agree with fellow users rather than to criticize the information those users share. And not just in terms of their public interactions, but in terms of their private beliefs. This potent combination -- "a need to connect and an ethos of shallow processing" -- provides a warm, moist breeding ground for the spread of opinions, publicly and not-so-publicly. Racist ones among them.
  • What will happen if information gets fully social -- according to Facebook's definition of "fully social"? What will take place when the Jack Browns of the world aren't just our friends, but our news sources?
runlai_jiang

You Asked About CES 2018. We Answered. - The New York Times - 0 views

www.nytimes.com/...ces-2018-reader-questions.html

shared by runlai_jiang on 15 Jan 18 - No Cached
  • You Asked About CES 2018. We Answered. By BRIAN X. CHEN At the International Consumer Electronics Show this week in Las Vegas, thousands of tech companies showcased some of the hottest new innovations: artificial intelligence, self-driving car tech, the smart home, voice-controlled accessories, fifth-generation cellular connectivity and more.Curious about the new products and how they will affect your personal technology? Readers asked Brian X. Chen, our lead consumer technology writer who is attending the trade show, their questions about wireless, TV and the Internet of Things. 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  • At the International Consumer Electronics Show this week in Las Vegas, thousands of tech companies showcased some of the hottest new innovations: artificial intelligence, self-driving car tech, the smart home, voice-controlled accessories, fifth-generation cellular connectivity and more.
  • Curious about the new products and how they will affect your personal technology? Readers asked Brian X. Chen, our lead consumer technology writer who attended the trade show, their questions about wireless, TV and the Internet of Things. (In addition,
criscimagnael

Explained: Social media and the Texas shooter's messages | Explained News,The Indian Ex... - 0 views

indianexpress.com/...exas-shooters-messages-7942576

shared by criscimagnael on 30 May 22 - No Cached
  • Could technology companies have monitored ominous messages made by a gunman who Texas authorities say massacred 19 children and two teachers at an elementary school? Could they have warned the authorities? Answers to these questions remain unclear
  • But if nothing else, the shooting in Uvalde, Texas, seems highly likely to focus additional attention on how social platforms monitor what users are saying to and showing each other.
  • Shortly thereafter, Facebook stepped in to note that the gunman sent one-to-one direct messages, not public posts, and that they weren’t discovered until “after the terrible tragedy”.
  • ...7 more annotations...
  • Some reports appear to show that at least some of the gunman’s communications used Apple’s encrypted iPhone messaging services, which makes messages almost impossible for anyone else to read when sent to another iPhone user.
  • Facebook parent company Meta, which also owns Instagram, says it is working with law enforcement but declined to provide details.
  • A series of posts appeared on his Instagram in the days leading up to the shooting, including photos of a gun magazine in hand and two AR-style semi-automatic rifles. An Instagram user who was tagged in one post shared parts of what appears to be a chilling exchange on Instagram with Ramos, asking her to share his gun pictures with her more than 10,000 followers.
  • Meta has said it monitors people’s private messages for some kinds of harmful content, such as links to malware or images of child sexual exploitation. But copied images can be detected using unique identifiers — a kind of digital signature — which makes them relatively easy for computer systems to flag. Trying to interpret a string of threatening words — which can resemble a joke, satire or song lyrics — is a far more difficult task for artificial intelligence systems.
  • Facebook could, for instance, flag certain phrases such as “going to kill” or “going to shoot”, but without context — something AI in general has a lot of trouble with — there would be too many false positives for the company to analyze.
  • A recent Meta-commissioned report emphasized the benefits of such privacy but also noted some risks — including users who could abuse the encryption to sexually exploit children, facilitate human trafficking and spread hate speech.
  • Security experts say this could be done if Apple were to engineer a “backdoor” to allow access to messages sent by alleged criminals. Such a secret key would let them decipher encrypted information with a court order.
Emily Horwitz

Pigeon Code Baffles British Cryptographers - NYTimes.com - 0 views

www.nytimes.com/...es-british-cryptographers.html

knowledge WWII carrier pigeons cryptography british nytimes

shared by Emily Horwitz on 25 Nov 12 - No Cached
  • They have eavesdropped on the enemy for decades, tracking messages from Hitler’s high command and the Soviet K.G.B. and on to the murky, modern world of satellites and cyberspace. But a lowly and yet mysterious carrier pigeon may have them baffled.
  • igeon specialists said they believed it may have been flying home from British units in France around the time of the D-Day landing in 1944 when it somehow expired in the chimney at the 17th-century home where it was found in the village of Bletchingley, south of London.
  • “Unless we get rather more idea than we have about who sent this message and who it was sent to, we are not going to be able to find out what the underlying code was,” said the historian, who was identified only as Tony under the organization’s secrecy protocols.
  • ...3 more annotations...
  • s code-breaking and communications interception unit in Gloucestershire, agreed to try to crack the code. But on Friday the secretive organization acknowledged that it had been unable to do so.
  • “Without access to the relevant code books and details of any additional encryption used, it will remain impossible to decrypt,” the Government Communications Headquarters said in a news release.
  • Mr. Martin said he was skeptical of the idea that the agency had been unable to crack the code. “I think there’s something about that message that is either sensitive or does not reflect well” on British special forces operating behind enemy lines in wartime France, he said in a telephone interview. “I’m convinced that it’s an important message and a secret message.”
Javier E

Opinion | Your Angry Uncle Wants to Talk About Politics. What Do You Do? - The New York... - 0 views

www.nytimes.com/...-holiday-talk-impeachment.html

uncle discussion polarization chat bot conversation rules psychology language persuasion

shared by Javier E on 27 Nov 19 - No Cached
  • In our combined years of experience helping people talk about difficult political issues from abortion to guns to race, we’ve found most can converse productively without sacrificing their beliefs or spoiling dinner
  • It’s not merely possible to preserve your relationships while talking with folks you disagree with, but engaging respectfully will actually make you a more powerful advocate for the causes you care about.
  • The key to persuasive political dialogue is creating a safe and welcoming space for diverse views with a compassionate spirit, active listening and personal storytelling
  • ...4 more annotations...
  • Select your reply I’m more liberal, so I’ll chat with Conservative Uncle Bot. I’m more conservative, so I’ll chat with Liberal Uncle Bot.
  • Hey, it’s the Angry Uncle Bot. I have LOTS of opinions. But what kind of Uncle Bot do you want to chat with?
  • To help you cook up a holiday impeachment conversation your whole family and country will appreciate, here’s the Angry Uncle Bot for practice.
  • As Americans gather for our annual Thanksgiving feast, many are sharpening their rhetorical knives while others are preparing to bury their heads in the mashed potatoes.
Javier E

'Messages of Shame Are Organized Around Gender' - The Atlantic - 3 views

www.theatlantic.com/...275322

gender shame vulnerability men weakness psychology

shared by Javier E on 19 May 16 - No Cached
  • Brown is a bestselling author and research professor who studies "vulnerability, courage, worthiness, and shame,
  • I recognized the culture she described in which institutionalized, nagging shame can cause people to put on so much emotional armor that they can't connect with others or access their authentic selves. I might have called those repressive forces "fear," or "self-doubt," or "insecurity," but, yeah, "shame" kind of covers all the bases.
  • the antidote to crippling shame is vulnerability. We tend to think of vulnerability as weakness; but in fact, she argues, it is the highest form of courage. To admit fear and pain, to reach out to others for help, to quiet the "gremlins" that tell us to keep our mouths shut and soldier on: this is how we become engaged, make human connections, and live "wholeheartedly."
  • ...5 more annotations...
  • "messages of shame are organized around gender." For women, she said, there are whole constellations of often contradictory expectations that, if not met, are sources of shame.
  • But for men, the overarching message is that any weakness is shameful. And since vulnerability is often perceived as weakness, it is especially risky for men to practice vulnerability.
  • men's shame is not primarily inflicted by other men. Instead, it is the women in their lives who tend to be repelled when men show the chinks in their armor.
  • Ironically, she explained, men are often pressured to open up and talk about their feelings, and they are criticized for being emotionally walled-off; but if they get too real, they are met with revulsion. She recalled the first time she realized that she had been complicit in the shaming: "Holy Shit!" she said. "I am the patriarchy!"
  • there are three main practices men, in particular, need to engage in. The first is asking for help. The second is setting boundaries; for example, not taking on work or activities that you don't want to do. And the third is apologizing and "owning it" when you are wrong.
Javier E

The Fall of Facebook - The Atlantic - 0 views

www.theatlantic.com/...2

gatekeeper information facebook social network messaging smartphone technology social media

shared by Javier E on 19 Nov 14 - No Cached
  • Alexis C. Madrigal Nov 17 2014, 7:59 PM ET Social networking is not, it turns out, winner take all. In the past, one might have imagined that switching between Facebook and “some other network” would be difficult, but the smartphone interface makes it easy to be on a dozen networks. All messages come to the same place—the phone’s notifications screen—so what matters is what your friends are doing, not which apps they’re using.
  • if I were to put money on an area in which Facebook might be unable to dominate in the future, it would be apps that take advantage of physical proximity. Something radically new could arise on that front, whether it’s an evolution of Yik Yak
  • The Social Machine, predicts that text will be a less and less important part of our asynchronous communications mix. Instead, she foresees a “very fluid interface” that would mix text with voice, video, sensor outputs (location, say, or vital signs), and who knows what else
  • ...5 more annotations...
  • the forthcoming Apple Watch seems like a step toward the future Donath envisions. Users will be able to send animated smiley faces, drawings, voice snippets, and even their live heartbeats, which will be tapped out on the receiver’s wrist.
  • A simple but rich messaging platform—perhaps with specialized hardware—could replace the omnibus social network for most purposes. “I think we’re shifting in a weird way to one-on-one conversations on social networks and in messaging apps,” says Shani Hilton, the executive editor for news at BuzzFeed, the viral-media site. “People don’t want to perform their lives publicly in the same way that they wanted to five years ago.”
  • Facebook is built around a trade-off that it has asked users to make: Give us all your personal information, post all your pictures, tag all your friends, and so on, forever. In return, we’ll optimize your social life. But this output is only as good as the input. And it turns out that, when scaled up, creating this input—making yourself legible enough to the Facebook machine that your posts are deemed “relevant” and worthy of being displayed to your mom and your friends—is exhausting labor.
  • These new apps, then, are arguments that we can still have an Internet that is weird, and private. That we can still have social networks without the social network. And that we can still have friends on the Internet without “friending” them.
  • A Brief History of Information Gatekeepers 1871: Western Union controls 90 percent of U.S. telegraph traffic. 1947: 97 percent of the country’s radio stations are affiliated with one of four national networks. 1969: Viewership for the three nightly network newscasts hits an all-time high, with 50 percent of all American homes tuning in. 1997: About half of all American homes with Internet access get it through America Online. 2002: Microsoft Internet Explorer captures 97 percent of the worldwide browser market. 2014: Amazon sells 63 percent of all books bought online—and 40 percent of books overall.
Adam Clark

30 Famous Logos That Have A Hidden Message | Diply - 3 views

diply.com/...1

Advertising sense perception

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  • Adam Clark on 13 Sep 14
     
    Whether you're cruising down the aisles of the grocery store, or speeding down the freeway, you're guaranteed to come across a few famous logos. Take one glance at any one of these logos and you instantly recognize the brand, but did you know there's sometimes a hidden message buried in them? It's surprising, but true.
Javier E

Economics of Good and Evil: The Quest for Economic Meaning from Gilgamesh to Wall Stree... - 1 views

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economics history literature good evil theory philosophy philosophers Bible Gilgamesh Adam Smith

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  • Instead of self-confident and self-centered answers, the author humbly asks fundamental questions: What is economics? What is its meaning? Where does this new religion, as it is sometimes called, come from? What are its possibilities and its limitations and borders, if there are any? Why are we so dependent on permanent growing of growth and growth of growing of growth? Where did the idea of progress come from, and where is it leading us? Why are so many economic debates accompanied by obsession and fanaticism?
  • The majority of our political parties act with a narrow materialistic focus when, in their programs, they present the economy and finance first; only then, somewhere at the end, do we find culture as something pasted on or as a libation for a couple of madmen.
  • most of them—consciously or unconsciously—accept and spread the Marxist thesis of the economic base and the spiritual superstructure.
  • ...297 more annotations...
  • He tries to break free of narrow specialization and cross the boundaries between scientific disciplines. Expeditions beyond economics’ borders and its connection to history, philosophy, psychology, and ancient myths are not only refreshing, but necessary for understanding the world of the twenty-first century.
  • Reality is spun from stories, not from material. Zdeněk Neubauer
  • Before it was emancipated as a field, economics lived happily within subsets of philosophy—ethics, for example—miles away from today’s concept of economics as a mathematical-allocative science that views “soft sciences” with a scorn born from positivistic arrogance. But our thousand-year “education” is built on a deeper, broader, and oftentimes more solid base. It is worth knowing about.
  • Outside of our history, we have nothing more.
  • The study of the history of a certain field is not, as is commonly held, a useless display of its blind alleys or a collection of the field’s trials and errors (until we got it right), but history is the fullest possible scope of study of a menu that the given field can offer.
  • History of thought helps us to get rid of the intellectual brainwashing of the age, to see through the intellectual fashion of the day, and to take a couple of steps back.
  • “The separation between the history of a science, its philosophy, and the science itself dissolves into thin air, and so does the separation between science and non-science; differences between the scientific and unscientific are vanishing.”
  • we seek to chart the development of the economic ethos. We ask questions that come before any economic thinking can begin—both philosophically and, to a degree, historically. The area here lies at the very borders of economics—and often beyond. We may refer to this as protoeconomics (to borrow a term from protosociology) or, perhaps more fittingly, metaeconomics (to borrow a term from metaphysics).
  • stories; Adam Smith believed. As he puts it in The Theory of Moral Sentiments, “the desire of being believed, or the desire of persuading, of leading and directing other people, seems to be one of the strongest of all our natural desires.”
  • “The human mind is built to think in terms of narratives … in turn, much of human motivation comes from living through a story of our lives, a story that we tell to ourselves and that creates a framework of our motivation. Life could be just ‘one damn thing after another’ if it weren’t for such stories. The same is true for confidence in a nation, a company, or an institution. Great leaders are foremost creators of stories.”
  • contrary to what our textbooks say, economics is predominantly a normative field. Economics not only describes the world but is frequently about how the world should be (it should be effective, we have an ideal of perfect competition, an ideal of high-GDP growth in low inflation, the effort to achieve high competitiveness …). To this end, we create models, modern parables,
  • I will try to show that mathematics, models, equations, and statistics are just the tip of the iceberg of economics; that the biggest part of the iceberg of economic knowledge consists of everything else; and that disputes in economics are rather a battle of stories and various metanarratives than anything else.
  • That is the reason for this book: to look for economic thought in ancient myths and, vice versa, to look for myths in today’s economics.
  • is a paradox that a field that primarily studies values wants to be value-free. One more paradox is this: A field that believes in the invisible hand of the market wants to be without mysteries.
  • Almost all of the key concepts by which economics operates, both consciously and unconsciously, have a long history, and their roots extend predominantly outside the range of economics, and often completely beyond that of science.
  • The History of Animal Spirits: Dreams Never Sleep
  • In this sense, “the study of economics is too narrow and too fragmentary to lead to valid insight, unless complemented and completed by a study of metaeconomics.”17
  • The more important elements of a culture or field of inquiry such as economics are found in fundamental assumptions that adherents of all the various systems within the epoch unconsciously presuppose. Such assumptions appear so obvious that people do not know what they are assuming, because no other way of putting things has ever occurred to them, as the philosopher Alfred Whitehead notes in Adventures of Ideas.
  • I argue that economic questions were with mankind long before Adam Smith. I argue that the search for values in economics did not start with Adam Smith but culminated with him.
  • We should go beyond economics and study what beliefs are “behind the scenes,” ideas that have often become the dominant yet unspoken assumptions in our theories. Economics is surprisingly full of tautologies that economists are predominantly unaware of. I
  • argue that economics should seek, discover, and talk about its own values, although we have been taught that economics is a value-free science. I argue that none of this is true and that there is more religion, myth, and archetype in economics than there is mathematics.
  • In a way, this is a study of the evolution of both homo economicus and, more importantly, the history of the animal spirits within him. This book tries to study the evolution of the rational as well as the emotional and irrational side of human beings.
  • I argue that his most influential contribution to economics was ethical. His other thoughts had been clearly expressed long before him, whether on specialization, or on the principle of the invisible hand of the market. I try to show that the principle of the invisible hand of the market is much more ancient and developed long before Adam Smith. Traces of it appear even in the Epic of Gilgamesh, Hebrew thought, and in Christianity, and it is expressly stated by Aristophanes and Thomas Aquinas.
  • This is not a book on the thorough history of economic thought. The author aims instead to supplement certain chapters on the history of economic thought with a broader perspective and analysis of the influences that often escape the notice of economists and the wider public.
  • Progress (Naturalness and Civilization)
  • The Economy of Good and Evil
  • from his beginnings, man has been marked as a naturally unnatural creature, who for unique reasons surrounds himself with external possessions. Insatiability, both material and spiritual, are basic human metacharacteristics, which appear as early as the oldest myths and stories.
  • the Hebrews, with linear time, and later the Christians gave us the ideal (or amplified the Hebrew ideal) we now embrace. Then the classical economists secularized progress. How did we come to today’s progression of progress, and growth for growth’s sake?
  • The Need for Greed: The History of Consumption and Labor
  • Metamathematics From where did economics get the concept of numbers as the very foundation of the world?
  • mathematics at the core of economics, or is it just the icing of the cake, the tip of the iceberg of our field’s inquiry?
  • idea that we can manage to utilize our natural egoism, and that this evil is good for something, is an ancient philosophical and mythical concept. We will also look into the development of the ethos of homo economicus, the birth of “economic man.”
  • All of economics is, in the end, economics of good and evil. It is the telling of stories by people of people to people. Even the most sophisticated mathematical model is, de facto, a story, a parable, our effort to (rationally) grasp the world around us.
  • Masters of the Truth
  • Originally, truth was a domain of poems and stories, but today we perceive truth as something much more scientific, mathematical. Where does one go (to shop) for the truth? And who “has the truth” in our epoch?
  • Our animal spirits (something of a counterpart to rationality) are influenced by the archetype of the hero and our concept of what is good.
  • The entire history of ethics has been ruled by an effort to create a formula for the ethical rules of behavior. In the final chapter we will show the tautology of Max Utility, and we will discuss the concept of Max Good.
  • The History of the Invisible Hand of the Market and Homo Economicus
  • We understand “economics” to mean a broader field than just the production, distribution, and consumption of goods and services. We consider economics to be the study of human relations that are sometimes expressible in numbers, a study that deals with tradables, but one that also deals with nontradables (friendship, freedom, efficiency, growth).
  • When we mention economics in this book, we mean the mainstream perception of it, perhaps as best represented by Paul Samuelson.
  • By the term homo economicus, we mean the primary concept of economic anthropology. It comes from the concept of a rational individual, who, led by narrowly egotistical motives, sets out to maximize his benefit.
  • the Epic of Gilgamesh bears witness to the opposite—despite the fact that the first written clay fragments (such as notes and bookkeeping) of our ancestors may have been about business and war, the first written story is mainly about great friendship and adventure.
  • there is no mention of either money or war; for example, not once does anyone in the whole epic sell or purchase something.5 No nation conquers another, and we do not encounter a mention even of the threat of violence.
  • is a story of nature and civilization, of heroism, defiance, and the battle against the gods, and evil; an epic about wisdom, immortality, and also futility.
  • Gilgamesh becomes a hero not only due to his strength, but also due to discoveries and deeds whose importance were in large part economic—direct gaining of construction materials in the case of felling the cedar forest, stopping Enkidu from devastating Uruk’s economy, and discovering new desert routes during his expeditions.
  • Even today, we often consider the domain of humanity (human relations, love, friendship, beauty, art, etc.) to be unproductive;
  • Even today we live in Gilgamesh’s vision that human relations—and therefore humanity itself—are a disturbance to work and efficiency; that people would perform better if they did not “waste” their time and energy on nonproductive things.
  • But it is in friendship where—often by-the-way, as a side product, an externality—ideas and deeds are frequently performed or created that together can altogether change the face of society.19 Friendship can go against an ingrained system in places where an individual does not have the courage to do so himself or herself.
  • As Joseph Stiglitz says, One of the great “tricks” (some say “insights”) of neoclassical economics is to treat labour like any other factor of production. Output is written as a function of inputs—steel, machines, and labour. The mathematics treats labour like any other commodity, lulling one into thinking of labour like an ordinary commodity, such as steel or plastic.
  • Even the earliest cultures were aware of the value of cooperation on the working level—today we call this collegiality, fellowship, or, if you want to use a desecrated term, comradeship. These “lesser relationships” are useful and necessary for society and for companies because work can be done much faster and more effectively if people get along with each other on a human level
  • But true friendship, which becomes one of the central themes of the Epic of Gilgamesh, comes from completely different material than teamwork. Friendship, as C. S. Lewis accurately describes it, is completely uneconomical, unbiological, unnecessary for civilization, and an unneeded relationship
  • Here we have a beautiful example of the power of friendship, one that knows how to transform (or break down) a system and change a person. Enkidu, sent to Gilgamesh as a punishment from the gods, in the end becomes his faithful friend, and together they set out against the gods. Gilgamesh would never have gathered the courage to do something like that on his own—nor would Enkidu.
  • Due to their friendship, Gilgamesh and Enkidu then intend to stand up to the gods themselves and turn a holy tree into mere (construction) material they can handle almost freely, thereby making it a part of the city-construct, part of the building material of civilization, thus “enslaving” that which originally was part of wild nature. This is a beautiful proto-example of the shifting of the borders between the sacred and profane (secular)—and to a certain extent also an early illustration of the idea that nature is there to provide cities and people with raw material and production resources.
  • started with Babylonians—rural nature becomes just a supplier of raw materials, resources (and humans the source of human resources). Nature is not the garden in which humans were created and placed, which they should care for and which they should reside in, but becomes a mere reservoir for natural (re)sources.
  • But labour is unlike any other commodity. The work environment is of no concern for steel; we do not care about steel’s well-being.16
  • Both heroes change—each from opposite poles—into humans. In this context, a psychological dimension to the story may be useful: “Enkidu (…) is Gilgamesh’s alter ego, the dark, animal side of his soul, the complement to his restless heart. When Gilgamesh found Enkidu, he changed from a hated tyrant into the protector of his city. (…)
  • To be human seems to be somewhere in between, or both of these two. We
  • this moment of rebirth from an animal to a human state, the world’s oldest preserved epic implicitly hints at something highly important. Here we see what early cultures considered the beginning of civilization. Here is depicted the difference between people and animals or, better, savages. Here the epic quietly describes birth, the awakening of a conscious, civilized human. We are witnesses to the emancipation of humanity from animals,
  • The entire history of culture is dominated by an effort to become as independent as possible from the whims of nature.39 The more developed a civilization is, the more an individual is protected from nature and natural influences and knows how to create around him a constant or controllable environment to his liking.
  • The price we pay for independence from the whims of nature is dependence on our societies and civilizations. The more sophisticated a given society is as a whole, the less its members are able to survive on their own as individuals, without society.
  • The epic captures one of the greatest leaps in the development of the division of labor. Uruk itself is one of the oldest cities of all, and in the epic it reflects a historic step forward in specialization—in the direction of a new social city arrangement. Because of the city wall, people in the city can devote themselves to things other than worrying about their own safety, and they can continue to specialize more deeply.
  • Human life in the city gains a new dimension and suddenly it seems more natural to take up issues going beyond the life span of an individual. “The city wall symbolizes as well as founds the permanence of the city as an institution which will remain forever and give its inhabitants the certainty of unlimited safety, allowing them to start investing with an outlook reaching far beyond the borders of individual life.
  • The wall around the city of Uruk is, among other things, a symbol of an internal distancing from nature, a symbol of revolts against submission to laws that do not come under the control of man and that man can at most discover and use to his benefit.
  • “The chief thing which the common-sense individual wants is not satisfactions for the wants he had, but more, and better wants.”47
  • If a consumer buys something, theoretically it should rid him of one of his needs—and the aggregate of things they need should be decreased by one item. In reality, though, the aggregate of “I want to have” expands together with the growing aggregate of “I have.”
  • can be said that Enkidu was therefore happy in his natural state, because all of his needs were satiated. On the other hand, with people, it appears that the more a person has, the more developed and richer, the greater the number of his needs (including the unsaturated ones).
  • the Old Testament, this relationship is perceived completely differently. Man (humanity) is created in nature, in a garden. Man was supposed to care for the Garden of Eden and live in harmony with nature and the animals. Soon after creation, man walks naked and is not ashamed, de facto the same as the animals. What is characteristic is that man dresses (the natural state of creation itself is not enough for him), and he (literally and figuratively) covers52 himself—in shame after the fall.53
  • Nature is where one goes to hunt, collect crops, or gather the harvest. It is perceived as the saturator of our needs and nothing more. One goes back to the city to sleep and be “human.” On the contrary, evil resides in nature. Humbaba lives in the cedar forest, which also happens to be the reason to completely eradicate it.
  • Symbolically, then, we can view the entire issue from the standpoint of the epic in the following way: Our nature is insufficient, bad, evil, and good (humane) occurs only after emancipation from nature (from naturalness), through culturing and education. Humanity is considered as being in civilization.
  • The city was frequently (at least in older Jewish writings) a symbol of sin, degeneration, and decadence—nonhumanity. The Hebrews were originally a nomadic nation, one that avoided cities. It is no accident that the first important city57 mentioned in the Bible is proud Babylon,58 which God later turns to dust.
  • is enough, for example, to read the Book of Revelation to see how the vision of paradise developed from the deep Old Testament period, when paradise was a garden. John describes his vision of heaven as a city—paradise is in New Jerusalem, a city where the dimensions of the walls(!) are described in detail, as are the golden streets and gates of pearl.
  • Hebrews later also chose a king (despite the unanimous opposition of God’s prophets) and settled in cities, where they eventually founded the Lord’s Tabernacle and built a temple for Him. The city of Jerusalem later gained an illustrious position in all of religion.
  • this time Christianity (as well as the influence of the Greeks) does not consider human naturalness to be an unambiguous good, and it does not have such an idyllic relationship to nature as the Old Testament prophets.
  • If a tendency toward good is not naturally endowed in people, it must be imputed from above through violence or at least the threat of violence.
  • If we were to look at human naturalness as a good, then collective social actions need a much weaker ruling hand. If people themselves have a natural tendency (propensity) toward good, this role does not have to be supplied by the state, ruler, or, if you wish, Leviathan.
  • How does this affect economics?
  • us return for the last time to the humanization of the wild Enkidu, which is a process we can perceive with a bit of imagination as the first seed of the principle of the market’s invisible hand, and therefore the parallels with one of the central schematics of economic thinking.
  • Sometimes it is better to “harness the devil to the plow” than to fight with him. Instead of summoning up enormous energy in the fight against evil, it is better to use its own energy to reach a goal we desire; setting up a mill on the turbulent river instead of futile efforts to remove the current. This is also how Saint Prokop approached it in one of the oldest Czech legends.
  • Enkidu caused damage and it was impossible to fight against him. But with the help of a trap, trick, this evil was transformed into something that greatly benefited civilization.
  • By culturing and “domesticating” Enkidu, humanity tamed the uncontrollable wild and chaotic evil
  • Enkidu devastated the doings (the external, outside-the-walls) of the city. But he was later harnessed and fights at the side of civilization against nature, naturalness, the natural state of things.
  • A similar motif appears a thousand years after the reversal, which is well known even to noneconomists as the central idea of economics: the invisible hand of the market.
  • A similar story (reforming something animally wild and uncultivated in civilizational achievement) is used by Thomas Aquinas in his teachings. Several centuries later, this idea is fully emancipated in the hands of Bernard Mandeville and his Fable of the Bees: or, Private Vices, Publick Benefits. The economic and political aspects of this idea are—often incorrectly—ascribed to Adam Smith.
  • Here the individual does not try anymore to maximize his goods or profits, but what is important is writing his name in human memory in the form of heroic acts or deeds.
  • immortality, one connected with letters and the cult of the word: A name and especially a written name survives the body.”77
  • After this disappointment, he comes to the edge of the sea, where the innkeeper Siduri lives. As tonic for his sorrow, she offers him the garden of bliss, a sort of hedonistic fortress of carpe diem, where a person comes to terms with his mortality and at least in the course of the end of his life maximizes earthly pleasures, or earthly utility.
  • In the second stage, after finding his friend Enkidu, Gilgamesh abandons the wall and sets out beyond the city to maximalize heroism. “In his (…) search of immortal life, Gilgamesh
  • The hero refuses hedonism in the sense of maximizing terrestrial pleasure and throws himself into things that will exceed his life. In the blink of an eye, the epic turns on its head the entire utility maximization role that mainstream economics has tirelessly tried to sew on people as a part of their nature.81
  • It is simpler to observe the main features of our civilization at a time when the picture was more readable—at a time when our civilization was just being born and was still “half-naked.” In other words, we have tried to dig down to the bedrock of our written civilization;
  • today remember Gilgamesh for his story of heroic friendship with Enkidu, not for his wall, which no longer reaches monumental heights.
  • the eleventh and final tablet, Gilgamesh again loses what he sought. Like Sisyphus, he misses his goal just before the climax
  • is there something from it that is valid today? Have we found in Gilgamesh certain archetypes that are in us to this day?
  • The very existence of questions similar to today’s economic ones can be considered as the first observation. The first written considerations of the people of that time were not so different from those today. In other words: The epic is understandable for us, and we can identify with it.
  • We have also been witnesses to the very beginnings of man’s culturing—a great drama based on a liberation and then a distancing from the natural state.
  • Let us take this as a memento in the direction of our restlessness, our inherited dissatisfaction and the volatility connected to it. Considering that they have lasted five thousand years and to this day we find ourselves in harmony with a certain feeling of futility, perhaps these characteristics are inherent in man.
  • Gilgamesh had a wall built that divided the city from wild nature and created a space for the first human culture. Nevertheless, “not even far-reaching works of civilization could satisfy human desire.”
  • Friendship shows us new, unsuspected adventures, gives us the opportunity to leave the wall and to become neither its builder nor its part—to not be another brick in the wall.
  • with the phenomenon of the creation of the city, we have seen how specialization and the accumulation of wealth was born, how holy nature was transformed into a secular supplier of resources, and also how humans’ individualistic ego was emancipated.
  • to change the system, to break down that which is standing and go on an expedition against the gods (to awaken, from naïveté to awakening) requires friendship.
  • For small acts (hunting together, work in a factory), small love is enough: Camaraderie. For great acts, however, great love is necessary, real love: Friendship. Friendship that eludes the economic understanding of quid pro quo. Friendship gives. One friend gives (fully) for the other. That is friendship for life and death,
  • The thought that humanity comes at the expense of efficiency is just as old as humanity itself—as we have shown, subjects without emotion are the ideal of many tyrants.
  • The epic later crashes this idea through the friendship of Gilgamesh and Enkidu. Friendship—the biologically least essential love, which at first sight appears to be unnecessary
  • less a civilized, city person is dependent on nature, the more he or she is dependent on the rest of society. Like Enkidu, we have exchanged nature for society; harmony with (incalculable) nature for harmony with (incalculable) man.
  • human nature good or evil? To this day these questions are key for economic policy: If we believe that man is evil in his nature, therefore that a person himself is dog eat dog (animal), then the hard hand of a ruler is called for. If we believe that people in and of themselves, in their nature, gravitate toward good, then it is possible to loosen up the reins and live in a society that is more laissez-faire.
  • For a concept of historical progress, for the undeification of heroes, rulers, and nature, mankind had to wait for the Hebrews.
  • Because nature is not undeified, it is beyond consideration to explore it, let alone intervene in it (unless a person was a two-thirds god like Gilgamesh). It
  • They practiced money lending, traded in many assets (…) and especially were engaged in the trading of shares on capital markets, worked in currency exchange and frequently figured as mediators in financial transactions (…), they functioned as bankers and participated in emissions of all possible forms.
  • As regards modern capitalism (as opposed to the ancient and medieval periods) … there are activities in it which are, in certain forms, inherently (and completely necessarily) present—both from an economic and legal standpoint.7
  • As early as the “dark” ages, the Jews commonly used economic tools that were in many ways ahead of their time and that later became key elements of the modern economy:
  • Gilgamesh’s story ends where it began. There is a consistency in this with Greek myths and fables: At the end of the story, no progress occurs, no essential historic change; the story is set in indefinite time, something of a temporal limbo.
  • Jews believe in historical progress, and that progress is in this world.
  • For a nation originally based on nomadism, where did this Jewish business ethos come from? And can the Hebrews truly be considered as the architects of the values that set the direction of our civilization’s economic thought?
  • Hebrew religiosity is therefore strongly connected with this world, not with any abstract world, and those who take pleasure in worldly possessions are not a priori doing anything wrong.
  • PROGRESS: A SECULARIZED RELIGION One of the things the writers of the Old Testament gave to mankind is the idea and notion of progress. The Old Testament stories have their development; they change the history of the Jewish nation and tie in to each other. The Jewish understanding of time is linear—it has a beginning and an end.
  • The observance of God’s Commandments in Judaism leads not to some ethereal other world, but to an abundance of material goods (Genesis 49:25–26, Leviticus 26:3–13, Deuteronomy 28:1–13) (…) There are no accusing fingers pointed at
  • There are no echoes of asceticism nor for the cleansing and spiritual effect of poverty. It is fitting therefore, that the founders of Judaism, the Patriarchs Abraham, Isaac and Jacob, were all wealthy men.12
  • about due to a linear understanding of history. If history has a beginning as well as an end, and they are not the same point, then exploration suddenly makes sense in areas where the fruits are borne only in the next generation.
  • What’s more, economic progress has almost become an assumption of modern functional societies. We expect growth. We take it automatically. Today, if nothing “new” happens, if GDP does not grow (we say it stagnates) for several quarters, we consider it an anomaly.
  • however, the idea of progress itself underwent major changes, and today we perceive it very differently. As opposed to the original spiritual conceptions, today we perceive progress almost exclusively in an economic or scientific-technological sense.
  • Because care for the soul has today been replaced by care for external things,
  • This is why we must constantly grow, because we (deep down and often implicitly) believe that we are headed toward an (economic) paradise on Earth.
  • Only since the period of scientific-technological revolution (and at a time when economics was born as an independent field) is material progress automatically assumed.
  • Jewish thought is the most grounded, most realistic school of thought of all those that have influenced our culture.17 An abstract world of ideas was unknown to the Jews. To this day it is still forbidden to even depict God, people, and animals in symbols, paintings, statues, and drawings.
  • economists have become key figures of great importance in our time (Kacířské eseje o filosofii dějin [Heretical Essays in the Philosophy of History]). They are expected to perform interpretations of reality, give prophetic services (macroeconomic forecasts), reshape reality (mitigate the impacts of the crisis, speed up growth), and, in the long run, provide leadership on the way to the Promised Land—paradise on Earth.
  • REALISM AND ANTIASCETICISM Aside from ideas of progress, the Hebrews brought another very fundamental contribution to our culture: The desacralization of heroes, nature, and rulers.
  • Voltaire writes: “It certain fact is, that in his public laws he [Moses] never so much as once made mention of a life to come, limiting all punishments and all rewards to the present life.”21
  • As opposed to Christianity, the concept of an extraterrestrial paradise or heaven was not developed much in Hebrew thought.19 The paradise of the Israelites—Eden—was originally placed on Earth at a given place in Mesopotamia20 and at a given time,
  • The Hebrews consider the world to be real—not just a shadow reflection of a better world somewhere in the cloud of ideas, something the usual interpretation of history ascribes to Plato. The soul does not struggle against the body and is not its prisoner, as Augustine would write later.
  • The land, the world, the body, and material reality are for Jews the paramount setting for divine history, the pinnacle of creation. This idea is the conditio sine qua non of the development of economics, something of an utterly earthly making,
  • The mythology of the hero-king was strongly developed in that period, which Claire Lalouette summarizes into these basic characteristics: Beauty (a perfect face, on which it is “pleasant to look upon,” but also “beauty,” expressed in the Egyptian word nefer, not only means aesthetics, but contains moral qualities as well),
  • THE HERO AND HIS UNDEIFICATION: THE DREAM NEVER SLEEPS The concept of the hero is more important than it might appear. It may be the remote origin of Keynes’s animal spirits, or the desire to follow a kind of internal archetype that a given individual accepts as his own and that society values.
  • This internal animator of ours, our internal mover, this dream, never sleeps and it influences our behavior—including economic behavior—more than we want to realize.
  • manliness and strength,28 knowledge and intelligence,29 wisdom and understanding, vigilance and performance, fame and renown (fame which overcomes enemies because “a thousand men would not be able to stand firmly in his presence”);30 the hero is a good shepherd (who takes care of his subordinates), is a copper-clad rampart, the shield of the land, and the defender of heroes.
  • Each of us probably has a sort of “hero within”—a kind of internal role-model, template, an example that we (knowingly or not) follow. It is very important what kind of archetype it is, because its role is dominantly irrational and changes depending on time and the given civilization.
  • The oldest was the so-called Trickster—a fraudster; then the culture bearer—Rabbit; the musclebound hero called Redhorn; and finally the most developed form of hero: the Twins.
  • the Egyptian ruler, just as the Sumerian, was partly a god, or the son of a god.31
  • Jacob defrauds his father Isaac and steals his brother Esau’s blessing of the firstborn. Moses murders an Egyptian. King David seduces the wife of his military commander and then has him killed. In his old age, King Solomon turns to pagan idols, and so on.
  • Anthropology knows several archetypes of heroes. The Polish-born American anthropologist Paul Radin examined the myths of North American Indians and, for example, in his most influential book, The Trickster, he describes their four basic archetypes of heroes.
  • The Torah’s heroes (if that term can be used at all) frequently make mistakes and their mistakes are carefully recorded in the Bible—maybe precisely so that none of them could be deified.32
  • We do not have to go far for examples. Noah gets so drunk he becomes a disgrace; Lot lets his own daughters seduce him in a similar state of drunkenness. Abraham lies and (repeatedly) tries to sell his wife as a concubine.
  • the Hebrew heroes correspond most to the Tricksters, the Culture Bearers, and the Twins. The divine muscleman, that dominant symbol we think of when we say hero, is absent here.
  • To a certain extent it can be said that the Hebrews—and later Christianity—added another archetype, the archetype of the heroic Sufferer.35 Job
  • Undeification, however, does not mean a call to pillage or desecration; man was put here to take care of nature (see the story of the Garden of Eden or the symbolism of the naming of the animals). This protection and care of nature is also related to the idea of progress
  • For the heroes who moved our civilization to where it is today, the heroic archetypes of the cunning trickster, culture bearer, and sufferer are rather more appropriate.
  • the Old Testament strongly emphasizes the undeification of nature.37 Nature is God’s creation, which speaks of divinity but is not the domain of moody gods
  • This is very important for democratic capitalism, because the Jewish heroic archetype lays the groundwork much better for the development of the later phenomenon of the hero, which better suits life as we know it today. “The heroes laid down their arms and set about trading to become wealthy.”
  • in an Old Testament context, the pharaoh was a mere man (whom one could disagree with, and who could be resisted!).
  • RULERS ARE MERE MEN In a similar historical context, the Old Testament teachings carried out a similar desacralization of rulers, the so-called bearers of economic policy.
  • Ultimately the entire idea of a political ruler stood against the Lord’s will, which is explicitly presented in the Torah. The Lord unequivocally preferred the judge as the highest form of rule—an
  • The needs of future generations will have to be considered; after all humankind are the guardians of God’s world. Waste of natural resources, whether privately owned or nationally owned is forbidden.”39
  • Politics lost its character of divine infallibility, and political issues were subject to questioning. Economic policy could become a subject of examination.
  • 44 God first creates with the word and then on individual days He divides light from darkness, water from dry land, day from night, and so forth—and He gives order to things.45 The world is created orderly— it is wisely, reasonably put together. The way of the world is put together at least partially46 decipherably by any other wise and reasonable being who honors rational rules.
  • which for the methodology of science and economics is very important because disorder and chaos are difficult to examine scientifically.43 Faith in some kind of rational and logical order in a system (society, the economy) is a silent assumption of any (economic) examination.
  • THE PRAISE OF ORDER AND WISDOM: MAN AS A PERFECTER OF CREATION The created world has an order of sorts, an order recognizable by us as people,
  • From the very beginning, when God distances Himself from the entire idea, there is an anticipation that there is nothing holy, let alone divine, in politics. Rulers make mistakes, and it is possible to subject them to tough criticism—which frequently occurs indiscriminately through the prophets in the Old Testament.
  • Hebrew culture laid the foundations for the scientific examination of the world.
  • Examining the world is therefore an absolutely legitimate activity, and one that is even requested by God—it is a kind of participation in the Creator’s work.51 Man is called on to understand himself and his surroundings and to use his knowledge for good.
  • I was there when he set heavens in place, when he marked out the horizon on the face of the deep (…) Then I was the craftsman at his side.47
  • There are more urgings to gain wisdom in the Old Testament. “Wisdom calls aloud in the street (…): ‘How long will you simple ones love your simple ways?’”49 Or several chapters later: “Wisdom is supreme; therefore get wisdom. Though it cost all you have, get understanding.”50
  • examination is not forbidden. The fact that order can be grasped by human reason is another unspoken assumption that serves as a cornerstone of any scientific examination.
  • then, my sons, listen to me; blessed are those who keep my ways (…) Blessed is the man who listens to me, watching daily at my doors, waiting at my doorway. For whoever finds me finds life and receives favor from the Lord.
  • the rational examination of nature has its roots, surprisingly, in religion.
  • The Lord brought me forth as the first of his works, before his deeds of old. I was appointed from eternity, from the beginning, before the world began. When there were no oceans, I was given birth, when there were no springs abounding with water, before the mountains were settled in place,
  • The Book of Proverbs emphasizes specifically several times that it was wisdom that was present at the creation of the world. Wisdom personified calls out:
  • The last act, final stroke of the brush of creation, naming of the animals—this act is given to a human, it is not done by God, as one would expect. Man was given the task of completing the act of creation that the Lord began:
  • MAN AS A FINISHER OF CREATION The creation of the world, as it is explained in Jewish teachings, is described in the Book of Genesis. Here God (i) creates, (ii) separates, and (iii) names [my emphasis]:
  • Naming is a symbolic expression. In Jewish culture (and also in our culture to this day), the right to name meant sovereign rights and belonged, for example, to explorers (new places), inventors (new principles), or parents (children)—that is, to those who were there at the genesis, at the origin. This right was handed over by God to mankind.
  • The Naming itself (the capital N is appropriate) traditionally belongs to the crowning act of the Creator and represents a kind of grand finale of creation, the last move of the brush to complete the picture—a signature of the master.
  • Without naming, reality does not exist; it is created together with language. Wittgenstein tightly names this in his tractatus—the limits of our language are the limits of our world.53
  • He invented (fictitiously and completely abstractly!) a framework that was generally accepted and soon “made into” reality. Marx invented similarly; he created the notion of class exploitation. Through his idea, the perception of history and reality was changed for a large part of the world for nearly an entire century.
  • Reality is not a given; it is not passive. Perceiving reality and “facts” requires man’s active participation. It is man who must take the last step, an act (and we
  • How does this relate to economics? Reality itself, our “objective” world, is cocreated, man himself participates in the creation; creation, which is somewhat constantly being re-created.
  • Our scientific models put the finishing touches on reality, because (1) they interpret, (2) they give phenomena a name, (3) they enable us to classify the world and phenomena according to logical forms, and (4) through these models we de facto perceive reality.
  • When man finds a new linguistic framework or analytical model, or stops using the old one, he molds or remolds reality. Models are only in our heads; they are not “in objective reality.” In this sense, Newton invented (not merely discovered!) gravity.
  • A real-ization act on our part represents the creation of a construct, the imputation of sense and order (which is beautifully expressed by the biblical act of naming, or categorization, sorting, ordering).
  • Keynes enters into the history of economic thought from the same intellectual cadence; his greatest contribution to economics was precisely the resurrection of the imperceptible—for example in the form of animal spirits or uncertainty. The economist Piero Mini even ascribes Keynes’s doubting and rebellious approach to his almost Talmudic education.63
  • God connects man with the task of guarding and protecting the Garden of Eden, and thus man actually cocreates the cultural landscape. The Czech philosopher Zdeněk Neubauer also describes this: “Such is reality, and it is so deep that it willingly crystallizes into worlds. Therefore I profess that reality is a creation and not a place of occurrence for objectively given phenomena.”61
  • in this viewpoint it is possible to see how Jewish thought is mystical—it admits the role of the incomprehensible. Therefore, through its groundedness, Jewish thought indulges mystery and defends itself against a mechanistic-causal explanation of the world: “The Jewish way of thinking, according to Veblen, emphasizes the spiritual, the miraculous, the intangible.
  • The Jews believed the exact opposite. The world is created by a good God, and evil appears in it as a result of immoral human acts. Evil, therefore, is induced by man.66 History unwinds according to the morality of human acts.
  • What’s more, history seems to be based on morals; morals seem to be the key determining factors of history. For the Hebrews, history proceeds according to how morally its actors behave.
  • The Sumerians believed in dualism—good and evil deities exist, and the earth of people becomes their passive battlefield.
  • GOOD AND EVIL IN US: A MORAL EXPLANATION OF WELL-BEING We have seen that in the Epic of Gilgamesh, good and evil are not yet addressed systematically on a moral level.
  • This was not about moral-human evil, but rather a kind of natural evil. It is as if good and evil were not touched by morality at all. Evil simply occurred. Period.
  • the epic, good and evil are not envisaged morally—they are not the result of an (a)moral act. Evil was not associated with free moral action or individual will.
  • Hebrew thought, on the other hand, deals intensively with moral good and evil. A moral dimension touches the core of its stories.65
  • discrepancy between savings and investment, and others are convinced of the monetary essence
  • The entire history of the Jewish nation is interpreted and perceived in terms of morality. Morality has become, so to speak, a mover and shaker of Hebrew history.
  • sunspots. The Hebrews came up with the idea that morals were behind good and bad years, behind the economic cycle. But we would be getting ahead of ourselves. Pharaoh’s Dream: Joseph and the First Business Cycle To
  • It is the Pharaoh’s well-known dream of seven fat and seven lean cows, which he told to Joseph, the son of Jacob. Joseph interpreted the dream as a macroeconomic prediction of sorts: Seven years of abundance were to be followed by seven years of poverty, famine, and misery.
  • Self-Contradicting Prophecy Here, let’s make several observations on this: Through taxation74 on the level of one-fifth of a crop75 in good years to save the crop and then open granaries in bad years, the prophecy was de facto prevented (prosperous years were limited and hunger averted—through a predecessor of fiscal stabilization).
  • The Old Testament prophesies therefore were not any deterministic look into the future, but warnings and strategic variations of the possible, which demanded some kind of reaction. If the reaction was adequate, what was prophesied would frequently not occur at all.
  • This principle stands directly against the self-fulfilling prophecy,80 the well-known concept of social science. Certain prophecies become self-fulfilling when expressed (and believed) while others become self-contradicting prophecies when pronounced (and believed).
  • If the threat is anticipated, it is possible to totally or at least partially avoid it. Neither Joseph nor the pharaoh had the power to avoid bounty or crop failure (in this the dream interpretation was true and the appearance of the future mystical), but they avoided the impacts and implications of the prophecy (in this the interpretation of the dream was “false”)—famine did not ultimately occur in Egypt, and this was due to the application of reasonable and very intuitive economic policy.
  • Let us further note that the first “macroeconomic forecast” appears in a dream.
  • back to Torah: Later in this story we will notice that there is no reason offered as to why the cycle occurs (that will come later). Fat years will simply come, and then lean years after them.
  • Moral Explanation of a Business Cycle That is fundamentally different from later Hebrew interpretations, when the Jewish nation tries to offer reasons why the nation fared well or poorly. And those reasons are moral.
  • If you pay attention to these laws and are careful to follow them, then the Lord your God will keep his covenant of love with you, as he swore to your forefathers. He will love you and bless you and increase your numbers.
  • Only in recent times have some currents of economics again become aware of the importance of morals and trust in the form of measuring the quality of institutions, the level of justice, business ethics, corruption, and so forth, and examining their influence on the economy,
  • From today’s perspective, we can state that the moral dimension entirely disappeared from economic thought for a long time, especially due to the implementation of Mandeville’s concept of private vices that contrarily support the public welfare
  • Without being timid, we can say this is the first documented attempt to explain the economic cycle. The economic cycle, the explanation of which is to this day a mystery to economists, is explained morally in the Old Testament.
  • But how do we consolidate these two conflicting interpretations of the economic cycle: Can ethics be responsible for it or not? Can we influence reality around us through our acts?
  • it is not within the scope of this book to answer that question; justice has been done to the question if it manages to sketch out the main contours of possible searches for answers.
  • THE ECONOMICS OF GOOD AND EVIL: DOES GOOD PAY OFF? This is probably the most difficult moral problem we could ask.
  • Kant, the most important modern thinker in the area of ethics, answers on the contrary that if we carry out a “moral” act on the basis of economic calculus (therefore we carry out an hedonistic consideration; see below) in the expectation of later recompense, its morality is lost. Recompense, according to the strict Kant, annuls ethics.
  • Inquiring about the economics of good and evil, however, is not that easy. Where would Kant’s “moral dimension of ethics” go if ethics paid? If we do good for profit, the question of ethics becomes a mere question of rationality.
  • Job’s friends try to show that he must have sinned in some way and, in doing so, deserved God’s punishment. They are absolutely unable to imagine a situation in which Job, as a righteous man, would suffer without (moral) cause. Nevertheless, Job insists that he deserves no punishment because he has committed no offense: “God has wronged me and drawn his net around me.”94
  • But Job remains righteous, even though it does not pay to do so: Though he slay me, yet will I hope in him.95 And till I die, I will not deny my integrity I will maintain my righteousness and never let go of it; my conscience will not reproach me as long as I live.96
  • He remains righteous, even if his only reward is death. What economic advantage could he have from that?
  • morals cannot be considered in the economic dimension of productivity and calculus. The role of the Hebrews was to do good, whether it paid off or not. If good (outgoing) is rewarded by incoming goodness, it is a bonus,99 not a reason to do outgoing good. Good and reward do not correlate to each other.
  • This reasoning takes on a dimension of its own in the Old Testament. Good (incoming) has already happened to us. We must do good (outgoing) out of gratitude for the good (incoming) shown to us in the past.
  • So why do good? After all, suffering is the fate of many biblical figures. The answer can only be: For good itself. Good has the power to be its own reward. In this sense, goodness gets its reward, which may or may not take on a material dimension.
  • the Hebrews offered an interesting compromise between the teachings of the Stoics and Epicureans. We will go into it in detail later, so only briefly
  • constraint. It calls for bounded optimalization (with limits). A kind of symbiosis existed between the legitimate search for one’s own utility (or enjoyment of life) and maintaining rules, which are not negotiable and which are not subject to optimalization.
  • In other words, clear (exogenously given) rules exist that must be observed and cannot be contravened. But within these borders it is absolutely possible, and even recommended, to increase utility.
  • the mining of enjoyment must not come at the expense of exogenously given rules. “Judaism comes therefore to train or educate the unbounded desire … for wealth, so that market activities and patterns of consumption operate within a God-given morality.”102
  • The Epicureans acted with the goal of maximizing utility without regard for rules (rules developed endogenously, from within the system, computed from that which increased utility—this was one of the main trumps of the Epicurean school; they did not need exogenously given norms, and argued that they could “calculate” ethics (what to do) for every given situation from the situation itself).
  • The Stoics could not seek their enjoyment—or, by another name, utility. They could not in any way look back on it, and in no way could they count on it. They could only live according to rules (the greatest weakness of this school was to defend where exogenously the given rules came from and whether they are universal) and take a indifferent stand to the results of their actions.
  • To Love the Law The Jews not only had to observe the law (perhaps the word covenant would be more appropriate), but they were to love it because it was good.
  • Their relationship to the law was not supposed to be one of duty,105 but one of gratitude, love. Hebrews were to do good (outgoing), because goodness (incoming) has already been done to them.
  • This is in stark contrast with today’s legal system, where, naturally, no mention of love or gratefulness exists. But God expects a full internalization of the commandments and their fulfillment with love, not as much duty. By no means was this on the basis of the cost-benefit analyses so widespread in economics today, which determines when it pays to break the law and when not to (calculated on the basis of probability of being caught and the amount of punishment vis-à-vis the possible gain).
  • And now, O Israel, what does the Lord your God ask of you but to fear the Lord your God, to walk in all his ways, to love him, to serve the Lord your God with all your heart and with all your soul, and to observe the Lord’s commands and decrees that I am giving you today for your own good? To the Lord your God belong the heavens, even the highest heavens, the earth and everything in it. Yet the Lord set his affection on your forefathers and loved them….
  • the principle of doing good (outgoing) on the basis of a priori demonstrated good (incoming) was also taken over by the New Testament. Atonement itself is based on an a priori principle; all our acts are preceded by good.
  • The Hebrews, originally a nomadic tribe, preferred to be unrestrained and grew up in constant freedom of motion.
  • Human laws, if they are in conflict with the responsibilities given by God, are subordinate to personal responsibility, and a Jew cannot simply join the majority, even if it is legally allowed. Ethics, the concept of good, is therefore always superior to all local laws, rules, and customs:
  • THE SHACKLES OF THE CITY Owing to the Hebrew’s liberation from Egyptian slavery, freedom and responsibility become the key values of Jewish thought.
  • Laws given by God are binding for Jews, and God is the absolute source of all values,
  • The Hebrew ideal is represented by the paradise of the Garden of Eden, not a city.116 The despised city civilization or the tendency to see in it a sinful and shackling way of life appears in glimpses and allusions in many places in the Old Testament.
  • The nomadic Jewish ethos is frequently derived from Abraham, who left the Chaldean city of Ur on the basis of a command:
  • In addition, they were aware of a thin two-way line between owner and owned. We own material assets, but—to a certain extent—they own us and tie us down. Once we become used to a certain material
  • This way of life had understandably immense economic impacts. First, such a society lived in much more connected relationships, where there was no doubt that everyone mutually depended on each other. Second, their frequent wanderings meant the inability to own more than they could carry; the gathering up of material assets did not have great weight—precisely because the physical weight (mass) of things was tied to one place.
  • One of Moses’s greatest deeds was that he managed to explain to his nation once and for all that it is better to remain hungry and liberated than to be a slave with food “at no cost.”
  • SOCIAL WELFARE: NOT TO ACT IN THE MANNER OF SODOM
  • regulations is developed in the Old Testament, one we hardly find in any other nation of the time. In Hebrew teachings, aside from individual utility, indications of the concept of maximalizing utility societywide appear for the first time as embodied in the Talmudic principle of Kofin al midat S´dom, which can be translated as “one is compelled not to act in the manner of Sodom” and to take care of the weaker members of society.
  • In a jubilee year, debts were to be forgiven,125 and Israelites who fell into slavery due to their indebtedness were to be set free.126
  • Such provisions can be seen as the antimonopoly and social measures of the time. The economic system even then had a clear tendency to converge toward asset concentration, and therefore power as well. It would appear that these provisions were supposed to prevent this process
  • Land at the time could be “sold,” and it was not sale, but rent. The price (rent) of real estate depended on how long there was until a forgiveness year. It was about the awareness that we may work the land, but in the last instance we are merely “aliens and strangers,” who have the land only rented to us for a fixed time. All land and riches came from the Lord.
  • These provisions express a conviction that freedom and inheritance should not be permanently taken away from any Israelite. Last but not least, this system reminds us that no ownership lasts forever and that the fields we plow are not ours but the Lord’s.
  • Glean Another social provision was the right to glean, which in Old Testament times ensured at least basic sustenance for the poorest. Anyone who owned a field had the responsibility not to harvest it to the last grain but to leave the remains in the field for the poor.
  • Tithes and Early Social Net Every Israelite also had the responsibility of levying a tithe from their entire crop. They had to be aware from whom all ownership comes and, by doing so, express their thanks.
  • “Since the community has an obligation to provide food, shelter, and basic economic goods for the needy, it has a moral right and duty to tax its members for this purpose. In line with this duty, it may have to regulate markets, prices and competition, to protect the interests of its weakest members.”135
  • In Judaism, charity is not perceived as a sign of goodness; it is more of a responsibility. Such a society then has the right to regulate its economy in such a way that the responsibility of charity is carried out to its satisfaction.
  • With a number of responsibilities, however, comes the difficulty of getting them into practice. Their fulfillment, then, in cases when it can be done, takes place gradually “in layers.” Charitable activities are classified in the Talmud according to several target groups with various priorities, classified according to, it could be said, rules of subsidiarity.
  • Do not mistreat an alien or oppress him, for you were aliens in Egypt.140 As one can see, aside from widows and orphans, the Old Testament also includes immigrants in its area of social protection.141 The Israelites had to have the same rules apply for them as for themselves—they could not discriminate on the basis of their origin.
  • ABSTRACT MONEY, FORBIDDEN INTEREST, AND OUR DEBT AGE If it appears to us that today’s era is based on money and debt, and our time will be written into history as the “Debt age,” then it will certainly be interesting to follow how this development occurred.
  • Money is a social abstractum. It is a social agreement, an unwritten contract.
  • The first money came in the form of clay tablets from Mesopotamia, on which debts were written. These debts were transferable, so the debts became currency. In the end, “It is no coincidence that in English the root of ‘credit’ is ‘credo,’ the Latin for ‘I believe.’”
  • To a certain extent it could be said that credit, or trust, was the first currency. It can materialize, it can be embodied in coins, but what is certain is that “money is not metal,” even the rarest metal, “it is trust inscribed,”
  • Inseparably, with the original credit (money) goes interest. For the Hebrews, the problem of interest was a social issue: “If you lend money to one of my people among you who is needy, do not be like a moneylender; charge him no interest.”
  • there were also clearly set rules setting how far one could go in setting guarantees and the nonpayment of debts. No one should become indebted to the extent that they could lose the source of their livelihood:
  • In the end, the term “bank” comes from the Italian banci, or the benches that Jewish lenders sat on.157
  • Money is playing not only its classical roles (as a means of exchange, a holder of value, etc.) but also a much greater, stronger role: It can stimulate, drive (or slow down) the whole economy. Money plays a national economic role.
  • In the course of history, however, the role of loans changed, and the rich borrowed especially for investment purposes,
  • Today the position and significance of money and debt has gone so far and reached such a dominant position in society that operating with debts (fiscal policy) or interest or money supply (monetary policy) means that these can, to a certain extent, direct (or at least strongly influence) the whole economy and society.
  • In such a case a ban on interest did not have great ethical significance. Thomas Aquinas, a medieval scholar (1225-1274), also considers similarly; in his time, the strict ban on lending with usurious interest was loosened, possibly due to him.
  • As a form of energy, money can travel in three dimensions, vertically (those who have capital lend to those who do not) and horizontally (speed and freedom in horizontal or geographic motion has become the by-product—or driving force?—of globalization). But money (as opposed to people) can also travel through time.
  • money is something like energy that can travel through time. And it is a very useful energy, but at the same time very dangerous as well. Wherever
  • Aristotle condemned interest162 not only from a moral standpoint, but also for metaphysical reasons. Thomas Aquinas shared the same fear of interest and he too argued that time does not belong to us, and that is why we must not require interest.
  • MONEY AS ENERGY: TIME TRAVEL AND GROSS DEBT PRODUCT (GDP)
  • Due to this characteristic, we can energy-strip the future to the benefit of the present. Debt can transfer energy from the future to the present.163 On the other hand, saving can accumulate energy from the past and send it to the present.
  • labor was not considered degrading in the Old Testament. On the contrary, the subjugation of nature is even a mission from God that originally belonged to man’s very first blessings.
  • LABOR AND REST: THE SABBATH ECONOMY
  • The Jews as well as Aristotle behaved very guardedly toward loans. The issue of interest/usury became one of the first economic debates. Without having an inkling of the future role of economic policy (fiscal and monetary), the ancient Hebrews may have unwittingly felt that they were discovering in interest a very powerful weapon, one that can be a good servant, but (literally) an enslaving master as well.
  • It’s something like a dam. When we build one, we are preventing periods of drought and flooding in the valley; we are limiting nature’s whims and, to a large extent, avoiding its incalculable cycles. Using dams, we can regulate the flow of water to nearly a constant. With it we tame the river (and we can also gain
  • But if we do not regulate the water wisely, it may happen that we would overfill the dam and it would break. For the cities lying in the valley, their end would be worse than if a dam were never there.
  • If man lived in harmony with nature before, now, after the fall, he must fight; nature stands against him and he against it and the animals. From the Garden we have moved unto a (battle)field.
  • Only after man’s fall does labor turn into a curse.168 It could even be said that this is actually the only curse, the curse of the unpleasantness of labor, that the Lord places on Adam.
  • Both Plato and Aristotle consider labor to be necessary for survival, but that only the lower classes should devote themselves to it so that the elites would not have to be bothered with it and so that they could devote themselves to “purely spiritual matters—art, philosophy, and politics.”
  • Work is also not only a source of pleasure but a social standing; It is considered an honor. “Do you see a man skilled in his work? He will serve before kings.”170 None of the surrounding cultures appreciate work as much. The idea of the dignity of labor is unique in the Hebrew tradition.
  • Hebrew thinking is characterized by a strict separation of the sacred from the profane. In life, there are simply areas that are holy, and in which it is not allowed to economize, rationalize, or maximize efficiency.
  • good example is the commandment on the Sabbath. No one at all could work on this day, not even the ones who were subordinate to an observant Jew:
  • the message of the commandment on Saturday communicated that people were not primarily created for labor.
  • Paradoxically, it is precisely this commandment out of all ten that is probably the most violated today.
  • Aristotle even considers labor to be “a corrupted waste of time which only burdens people’s path to true honour.”
  • we have days when we must not toil connected (at least lexically) with the word meaning emptiness: the English term “vacation” (or emptying), as with the French term, les vacances, or German die Freizeit, meaning open time, free time, but also…
  • Translated into economic language: The meaning of utility is not to increase it permanently but to rest among existing gains. Why do we learn how to constantly increase gains but not how to…
  • This dimension has disappeared from today’s economics. Economic effort has no goal at which it would be possible to rest. Today we only know growth for growth’s sake, and if our company or country prospers, that does not…
  • Six-sevenths of time either be dissatisfied and reshape the world into your own image, man, but one-seventh you will rest and not change the creation. On the seventh day, enjoy creation and enjoy the work of your hands.
  • the purpose of creation was not just creating but that it had an end, a goal. The process was just a process, not a purpose. The whole of Being was created so…
  • Saturday was not established to increase efficiency. It was a real ontological break that followed the example of the Lord’s seventh day of creation. Just as the Lord did not rest due to tiredness or to regenerate strength; but because He was done. He was done with His work, so that He could enjoy it, to cherish in His creation.
  • If we believe in rest at all today, it is for different reasons. It is the rest of the exhausted machine, the rest of the weak, and the rest of those who can’t handle the tempo. It’s no wonder that the word “rest…
  • Related to this, we have studied the first mention of a business cycle with the pharaoh’s dream as well as seen a first attempt (that we may call…
  • We have tried to show that the quest for a heaven on Earth (similar to the Jewish one) has, in its desacralized form, actually also been the same quest for many of the…
  • We have also seen that the Hebrews tried to explain the business cycle with morality and ethics. For the Hebrews,…
  • ancient Greek economic ethos, we will examine two extreme approaches to laws and rules. While the Stoics considered laws to be absolutely valid, and utility had infinitesimal meaning in their philosophy, the Epicureans, at least in the usual historical explanation, placed utility and pleasure in first place—rules were to be made based on the principle of utility.
  • CONCLUSION: BETWEEN UTILITY AND PRINCIPLE The influence of Jewish thought on the development of market democracy cannot be overestimated. The key heritage for us was the lack of ascetic perception of the world, respect to law and private…
  • We have tried to show how the Torah desacralized three important areas in our lives: the earthly ruler, nature,…
  • What is the relationship between the good and evil that we do (outgoing) and the utility of disutility that we (expect to) get as a reward (incoming)? We have seen…
  • The Hebrews never despised material wealth; on contrary, the Jewish faith puts great responsibility on property management. Also the idea of progress and the linear perception of time gives our (economic)…
  • the Hebrews managed to find something of a happy compromise between both of these principles.
  • will not be able to completely understand the development of the modern notion of economics without understanding the disputes between the Epicureans and the Stoics;
  • poets actually went even further, and with their speech they shaped and established reality and truth. Honor, adventure, great deeds, and the acclaim connected with them played an important role in the establishment of the true, the real.
  • those who are famous will be remembered by people. They become more real, part of the story, and they start to be “realized,” “made real” in the lives of other people. That which is stored in memory is real; that which is forgotten is as if it never existed.
  • Today’s scientific truth is founded on the notion of exact and objective facts, but poetic truth stands on an interior (emotional) consonance with the story or poem. “It is not addressed first to the brain … [myth] talks directly to the feeling system.”
  • “epic and tragic poets were widely assumed to be the central ethical thinkers and teachers of Greece; nobody thought of their work as less serious, less aimed at truth, than the speculative prose treatises of historians and philosophers.”5 Truth and reality were hidden in speech, stories, and narration.
  • Ancient philosophy, just as science would later, tries to find constancy, constants, quantities, inalterabilities. Science seeks (creates?) order and neglects everything else as much as it can. In their own experiences, everyone knows that life is not like that,
  • Just as scientists do today, artists drew images of the world that were representative, and therefore symbolic, picturelike, and simplifying (but thus also misleading), just like scientific models, which often do not strive to be “realistic.”
  • general? In the end, poetry could be more sensitive to the truth than the philosophical method or, later, the scientific method. “Tragic poems, in virtue of their subject matter and their social function, are likely to confront and explore problems about human beings and luck that a philosophical text might be able to omit or avoid.”8
krystalxu

The 4 Primary Principles of Communication | Psychology Today - 0 views

www.psychologytoday.com/...imary-principles-communication

knowledge communication brain science language psychology

shared by krystalxu on 24 Oct 17 - No Cached
  • the reality is very different—the process of communication is actually impressively complex.
  • The message sent is not necessarily the message received. It is impossible to not communicate. Every message has both content and feeling. Nonverbal cues are more believable than verbal cues.
  • n contrast to being anyone’s “fault,” this is simply one of the ways the communication process can go off track.
  • ...1 more annotation...
  • If a partner or child expects the sender of the message to be angry or impatient, he or she may hear neutral or even positive statements as harsh or angry.
krystalxu

Basics of Communication | Psychology Today - 0 views

www.psychologytoday.com/...basics-communication

knowledge communication brain science language psychology

shared by krystalxu on 24 Oct 17 - No Cached
  • The most common problem that we can make as message senders is coding our thought, feeling or need in a way that has a low chance of being understood by the receiver.
  • if you don't know certain words or the message is too complex, then there is a low chance of really understanding it.
  • no single person is 100% at fault for any communication problem.
  • ...3 more annotations...
  • Be Aware of your own communication errors. We are all susceptible to sending confusing messages and to missing the boat in terms of what someone else was trying to tell us
  • Check in with the sender when you are decoding messages to make sure you have the right understanding.
  • "Wow, I'm getting huuuuuungry." Person B sees and hears this, and interprets it to mean that Person A is hungry. Simple right?
katherineharron

How coronavirus hypocrisy is tarnishing Boris Johnson's government (opinion) - CNN - 0 views

www.cnn.com/...index.html

shared by katherineharron on 29 May 20 - No Cached
  • Johnson has proved staunch in his defense of his close ally since the latter was accused of breaking the UK's strict lockdown by driving 260 miles with his wife, who he admits was displaying some symptoms of coronavirus, and young son to be near his extended family.
  • In quarantine-fatigued Britain, however, where many have agonized over the command to stay away from frightened, sick and dying relatives, the Prime Minister's words have not gone down well. Highly unusually, several of his own Conservative MPs are now calling for Cummings to be sacked, and even the government-friendly Daily Mail asked: "What Planet Are They On?" of his decision to stand by his man.
  • In one of the more moving responses, Helen Goodman, until December the Labour Party MP for Durham, the northern town Cummings visited to stay in a property belonging to his parents, said she was "appalled" by his behavior, given her own father had died alone from Covid-19 in a local care home after she obeyed the rules and did not visit.
  • ...10 more annotations...
  • Saying he had no regrets, he added: "I believe in all circumstances I behaved reasonably and legally. The legal rules do not inevitably cover all circumstances - including those I found myself in." Also on Monday, Johnson expressed "regret" for the "confusion, anger and pain" experienced by the British people as a result of the controversy; when pressed on whether he believes Cummings' decision has compromised the government's coronavirus message, Johnson doubled down on his support for Cummings, asserting, "I do not believe that anybody at Number 10 has done anything to undermine our message."
  • "The regulations made clear, I believe, that risks to the health of a small child were an exceptional situation."
  • To talk of the British sense of fair play is almost a cliché. But there is certainly a particular sensitivity among Britons to suggestions of hypocrisy which have thus far thwarted Cummings' attempts to brush off criticism of his excursion, and which contrast with, say, the relative lack of fuss in the US over the revelation that Ivanka Trump, President Donald Trump's daughter, traveled from Washington DC to New Jersey to celebrate Passover last month.
  • A controversial figure who relishes his role as an outsider, he also has a common touch when it comes to distilling a message with a brilliance complemented by Johnson's own flair for capturing the national mood. So while it was Johnson, then-Mayor of London, who in 2016 sensed an appetite for leaving the EU which his more senior colleagues missed, it was Cummings, head of the Vote Leave Campaign, who boiled it down to the simple and devastatingly effective slogan of "Take Back Control."
  • For a man known for his gregarious nature, the British Prime Minister has few close political friends; his inexperienced cabinet was appointed as much for their loyalty and support for his key policy of leading the UK out of the European Union as any long-term affinity with Johnson.
  • At the start of the lockdown, Dr. Catherine Calderwood, Scotland's Chief Medical Officer, fell on her sword after admitting two overnight visits at her seaside holiday cottage, having fronted the campaign urging Scots to stay home. Though Calderwood apologized for her actions and initially said she planned to stay on in her post, she later released a statement that she had quit and acknowledging that the "justifiable focus" on her actions could pose a distraction to the response to the pandemic.
  • As senior adviser since summer 2019 when Johnson became Prime Minister, the notoriously prickly Cummings has rubbed many Downing Street denizens the wrong way. But when coronavirus hit, it was he who crafted the message, "Stay Home, Protect the NHS, Save Lives," which has come to define Britain's battle against the virus and the protective shield the country threw around its beloved health service.
  • The hitherto wildly popular Johnson's favorability ratings have begun to slip while a recent poll by YouGov found 49% disapproved of the Prime Minister's path out of lockdown compared to 36% who supported it.
  • The former Chief Constable of Durham Police, Mike Barton, has warned that Cummings' behavior, and the Prime Minister's defense of it, will make attempts to enforce the lockdown impossible, potentially endangering the slow but steady progress the UK has made in reducing the spread of the virus.
  • The consequences could be even more serious if a mass loss of faith in both the Johnson government and his lockdown results in the public breaking the rules just at the moment the Prime Minister is urging them to stand firm.
peterconnelly

Opinion | What to Do About Americans Who Love Their Guns - The New York Times - 0 views

www.nytimes.com/...anti-gun-ad-campaign.html

guns new york times opinion

shared by peterconnelly on 01 Jun 22 - No Cached
  • Coming of age in the 1970s and ’80s, a kid took in a fair number of public service messages.
  • Make guns less cool, less acceptable, less a part of the supposedly “American way of life.” Scare people. Gross them out. Even try humor.
  • But simple messages stick, and when done well — particularly when lives are at stake — have proven highly effective.
  • ...7 more annotations...
  • Not only does this country have more guns than people, but over the last 30 years, Americans have grown less supportive of stricter gun laws. Astonishingly, in 1959, 60 percent of Americans favored a ban on handguns except those used by police officers and other authorized persons; today that figure is 19 percent.
  • Bearing in mind that the killers in Texas and Buffalo were both only 18, we could try to get through to the next generation.
  • Obviously, not everyone transformed into responsible citizens while imbibing these messages between doses of Sugar Pops and “Scooby-Doo.”
  • Or it could go personal, using a testimonial from a child who lost his sister in a school shooting or a teenager whose friend committed suicide at 14 using a weapon kept in the house by his own parents.
  • Public education and creative P.S.A.s helped reduce teenage cigarette use significantly. While in the pocket of the tobacco industry, Hollywood played a key role in glamorizing smoking, but then later, after paid tobacco product placement was banned, clamped down on the appearance of smoking on film and TV. Those efforts are ongoing.
  • Sometimes, of course, a cigarette, like a gun, is key to a movie’s story line or characters
  • Through technology and schools, it could bring kids into creating and disseminating the message.
Javier E

Group-Chat Culture Is Out of Control - The Atlantic - 0 views

www.theatlantic.com/...675473

culture social media chat psychology

shared by Javier E on 30 Sep 23 - No Cached
  • WhatsApp, the most popular messaging service worldwide, gained more than two and a half billion active users from 2012 to 2023, and is projected to grow 18 percent more by 2025
  • In a recent survey of roughly 1,000 Americans, 66 percent said they’ve felt overwhelmed by their group messages, and 42 percent said that group chats can feel like a part-time job.
  • with X (formerly known as Twitter) in a state of disarray, Facebook falling out of favor, and Instagram taken over by ads, social media is feeling less and less social.
  • ...4 more annotations...
  • Jeffrey A. Hall, a communication professor at the University of Kansas who studies technology and relationships, calls this the “twilight of the social-media era,” in which “the distance between using it for talking to your friends and what we have now” is bigger than it’s ever been. He believes that although those sites aren’t fostering real connection—advice, inside jokes, updates, memes—nearly as much anymore, people might be reclaiming it with group chats.
  • To borrow from Dungeons & Dragons, the Age of the Group Chat seemed like it would be Chaotic Good—but it’s verging on Chaotic Evil.
  • group chats can create a “waterfall type of effect,” where messages keep flooding in and adding up. Eventually, you’re underwater
  • without a standard etiquette, people have very different ideas about what degree of responsiveness is required—which can cause real tension.
Javier E

Messages Galore, but No Time to Think - NYTimes.com - 0 views

www.nytimes.com/...lore-but-no-time-to-think.html

online communications costs

shared by Javier E on 16 Jun 13 - No Cached
  • “Nobody can think anymore because they’re constantly interrupted,” said Leslie Perlow, a Harvard Business School professor and author of “Sleeping With Your Smartphone.” “Technology has enabled this expectation that we always be on.”
  • To lessen the disruptive nature of e-mail and other messages, teams need to discuss how to alter their work process to allow blocks of time where they can disconnect entirely,
Javier E

A Million First Dates - Dan Slater - The Atlantic - 0 views

www.theatlantic.com/...2

relations commitment marriage monogamy online dating

shared by Javier E on 04 Jan 13 - No Cached
  • . In his 2004 book, The Paradox of Choice, the psychologist Barry Schwartz indicts a society that “sanctifies freedom of choice so profoundly that the benefits of infinite options seem self-evident.” On the contrary, he argues, “a large array of options may diminish the attractiveness of what people actually choose, the reason being that thinking about the attractions of some of the unchosen options detracts from the pleasure derived from the chosen one.”
  • Psychologists who study relationships say that three ingredients generally determine the strength of commitment: overall satisfaction with the relationship; the investment one has put into it (time and effort, shared experiences and emotions, etc.); and the quality of perceived alternatives. Two of the three—satisfaction and quality of alternatives—could be directly affected by the larger mating pool that the Internet offers.
  • as the range of options grows larger, mate-seekers are liable to become “cognitively overwhelmed,” and deal with the overload by adopting lazy comparison strategies and examining fewer cues. As a result, they are more likely to make careless decisions than they would be if they had fewer options,
  • ...7 more annotations...
  • research elsewhere has found that people are less satisfied when choosing from a larger group: in one study, for example, subjects who selected a chocolate from an array of six options believed it tasted better than those who selected the same chocolate from an array of 30.
  • evidence shows that the perception that one has appealing alternatives to a current romantic partner is a strong predictor of low commitment to that partner.
  • But the pace of technology is upending these rules and assumptions. Relationships that begin online, Jacob finds, move quickly. He chalks this up to a few things. First, familiarity is established during the messaging process, which also often involves a phone call. By the time two people meet face-to-face, they already have a level of intimacy. Second, if the woman is on a dating site, there’s a good chance she’s eager to connect. But for Jacob, the most crucial difference between online dating and meeting people in the “real” world is the sense of urgency. Occasionally, he has an acquaintance in common with a woman he meets online, but by and large she comes from a different social pool. “It’s not like we’re just going to run into each other again,” he says. “So you can’t afford to be too casual. It’s either ‘Let’s explore this’ or ‘See you later.’ ”
  • he phenomenon extends beyond dating sites to the Internet more generally. “I’ve seen a dramatic increase in cases where something on the computer triggered the breakup,” he says. “People are more likely to leave relationships, because they’re emboldened by the knowledge that it’s no longer as hard as it was to meet new people. But whether it’s dating sites, social media, e‑mail—it’s all related to the fact that the Internet has made it possible for people to communicate and connect, anywhere in the world, in ways that have never before been seen.”
  • eople seeking commitment—particularly women—have developed strategies to detect deception and guard against it. A woman might withhold sex so she can assess a man’s intentions. Theoretically, her withholding sends a message: I’m not just going to sleep with any guy that comes along. Theoretically, his willingness to wait sends a message back: I’m interested in more than sex.
  • people who are in marriages that are either bad or average might be at increased risk of divorce, because of increased access to new partners. Third, it’s unknown whether that’s good or bad for society. On one hand, it’s good if fewer people feel like they’re stuck in relationships. On the other, evidence is pretty solid that having a stable romantic partner means all kinds of health and wellness benefits.” And that’s even before one takes into account the ancillary effects of such a decrease in commitment—on children, for example, or even society more broadly.
  • As online dating becomes increasingly pervasive, the old costs of a short-term mating strategy will give way to new ones. Jacob, for instance, notices he’s seeing his friends less often. Their wives get tired of befriending his latest girlfriend only to see her go when he moves on to someone else. Also, Jacob has noticed that, over time, he feels less excitement before each new date. “Is that about getting older,” he muses, “or about dating online?” How much of the enchantment associated with romantic love has to do with scarcity (this person is exclusively for me), and how will that enchantment hold up in a marketplace of abundance (this person could be exclusively for me, but so could the other two people I’m meeting this week)?
Javier E

The End of Courtship? - NYTimes.com - 0 views

www.nytimes.com/...the-end-of-courtship.html

courtship romance dating

shared by Javier E on 13 Jan 13 - No Cached
  • “The word ‘date’ should almost be stricken from the dictionary,” Ms. Silver said. “Dating culture has evolved to a cycle of text messages, each one requiring the code-breaking skills of a cold war spy to interpret.”
  • Raised in the age of so-called “hookup culture,” millennials — who are reaching an age where they are starting to think about settling down — are subverting the rules of courtship.
  • Instead of dinner-and-a-movie, which seems as obsolete as a rotary phone, they rendezvous over phone texts, Facebook posts, instant messages and other “non-dates” that are leaving a generation confused about how to land a boyfriend or girlfriend.
  • ...13 more annotations...
  • Blame the much-documented rise of the “hookup culture” among young people, characterized by spontaneous, commitment-free (and often, alcohol-fueled) romantic flings. Many students today have never been on a traditional date,
  • Hookups may be fine for college students, but what about after, when they start to build an adult life? The problem is that “young people today don’t know how to get out of hookup culture,”
  • In interviews with students, many graduating seniors did not know the first thing about the basic mechanics of a traditional date. “They’re wondering, ‘If you like someone, how would you walk up to them? What would you say? What words would you use?’ ”
  • Traditional courtship — picking up the telephone and asking someone on a date — required courage, strategic planning and a considerable investment of ego (by telephone, rejection stings). Not so with texting, e-mail, Twitter or other forms of “asynchronous communication,” as techies call it. In the context of dating, it removes much of the need for charm; it’s more like dropping a line in the water and hoping for a nibble.
  • Online dating services, which have gained mainstream acceptance, reinforce the hyper-casual approach by greatly expanding the number of potential dates. Faced with a never-ending stream of singles to choose from, many feel a sense of “FOMO” (fear of missing out), so they opt for a speed-dating approach — cycle through lots of suitors quickly.
  • “I’ve seen men put more effort into finding a movie to watch on Netflix Instant than composing a coherent message to ask a woman out,” said Anna Goldfarb, 34, an author and blogger in Moorestown, N.J. A typical, annoying query is the last-minute: “Is anything fun going on tonight?” More annoying still are the men who simply ping, “Hey” or “ ’sup.”
  • The mass-mailer approach necessitates “cost-cutting, going to bars, meeting for coffee the first time,” he added, “because you only want to invest in a mate you’re going to get more out of.”
  • in  a world where “courtship” is quickly being redefined, women must recognize a flirtatious exchange of tweets, or a lingering glance at a company softball game, as legitimate opportunities for romance, too.
  • THERE’S another reason Web-enabled singles are rendering traditional dates obsolete. If the purpose of the first date was to learn about someone’s background, education, politics and cultural tastes, Google and Facebook have taken care of that.
  • Dodgy economic prospects facing millennials also help torpedo the old, formal dating rituals. Faced with a lingering recession, a stagnant job market, and mountains of student debt, many young people — particularly victims of the “mancession” — simply cannot afford to invest a fancy dinner or show in someone they may or may not click with.
  • “Maybe there’s still a sense of a man taking care of a woman, but our ideology is aligning with the reality of our finances,” Ms. Rosin said. As a man, you might “convince yourself that dating is passé, a relic of a paternalistic era, because you can’t afford to take a woman to a restaurant.”
  • “A lot of men in their 20s are reluctant to take the girl to the French restaurant, or buy them jewelry, because those steps tend to lead to ‘eventually, we’re going to get married,’ ” Mr. Edness, 27, said. In a tight economy, where everyone is grinding away to build a career, most men cannot fathom supporting a family until at least 30 or 35, he said.
  • Even in an era of ingrained ambivalence about gender roles, however, some women keep the old dating traditions alive by refusing to accept anything less. Cheryl Yeoh, a tech entrepreneur in San Francisco, said that she has been on many formal dates of late — plays, fancy restaurants. One suitor even presented her with red roses. For her, the old traditions are alive simply because she refuses to put up with anything less. She generally refuses to go on any date that is not set up a week in advance, involving a degree of forethought. “If he really wants you,” Ms. Yeoh, 29, said, “he has to put in some effort.”
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