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"Stories need conflict. For stories about soldiers, detectives, politicians, artists, doctors, lawyers, and teachers, we know of socially acceptable types of conflict, which do not challenge key ideals. But stories about conflicts in ordinary jobs more easily violate key ideals, and trigger moral outrage."
We are the 99 percent. We are getting kicked out of our homes. We are forced to choose between groceries and rent. We are denied quality medical care. We are suffering from environmental pollution. We are working long hours for little pay and no rights, if we're working at all. We are getting nothing while the other 1 percent is getting everything. We are the 99 percent.
"That means one way to figure out whether mainstream economics makes sense is to see what the assumptions are, and to try to decide whether those assumptions make sense. For example, what were Samuelson’s assumptions? What were Arrow and Debreu’s assumptions?
Samuelson had one big assumption, that economists call ergodicity.
[Teacher pauses to give kids time to stumble over the word.]
When they say ergodicity, they mean that no matter what happens in the world, in the end, everything will reach a point whether things stop changing. That point is called the “equilibrium.” At the equilibrium, everyone will end up with a certain amount of money. The amount of money that everybody gets at the equilibrium depends on how talented they are, and not on anything that happened before. So if you rob a bank, it won’t matter because when you get to the equilibrium, if you’re stupid, you will still have the same amount of money you would have had if you didn’t rob the bank."
Summary of Interactions article: 4 categories for stories - s of fact, contradiction, possibility and revolution, fear and anxiety.
More specifically, I find that the students who cling to this achievement narrative are unable to fully comprehend the material of the class. In understanding success and failure as a simple narrative based upon the character of an individual, they fail to understand the connection between the anti-slavery movement and the end of slavery.
"The heart of hangover theory, wrote Krugman, is the idea of overinvestment — 'the idea that slumps are the price we pay for booms, that the suffering the economy experiences during a recession are the price we pay for the excesses of the previous expansion.'" - seems akin to Lakoff's Moral Politics analysis.
in list: Economic Crisis
I seriously hate declension narratives. Anything that starts out with, “Once upon a time, there was a golden age, and then the barbarians came and wrecked it all…” gets me going for my guns.
There are four essential American stories. The first two are about hope; the second two are about fear.
Kim Stanley Robinson short story
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