"System change is now inevitable. Either because we do something about it, or because we will be hit by climate change. '...

"We need to develop economic models that are fit for purpose. The current economic frameworks, the ones that dominate our governments, these frameworks... the current economic frameworks, the neoclassical, the market frameworks, can deal with small changes. It can tell you the difference, if a sock company puts up the price of socks, what the demand for socks will be. It cannot tell you about the sorts of system level changes we are talking about here. We would not use an understanding of laminar flow in fluid dynamics to understand turbulent flow. So why is it we are using marginal economics, small incremental change economics, to understand system level changes?"

Friday, December 5, 2008

Celebrate the end of the Rat Race

Via Wikipedia:
Linus Torvalds himself also describes a notion as Linus's Law in the prologue to the book The Hacker Ethic: "Linus's Law says that all of our motivations fall into three basic categories. More important, progress is about going through those very same things as 'phases' in a process of evolution, a matter of passing from one category to the next. The categories, in order, are 'survival', 'social life', and 'entertainment'."
So stop worrying. Kick back. Set a spell. This is progress.



EliRabett said...


Zowish said...

This sounds like an abbreviated Maslow. I find self-actualized and transcendent folks to be wonderfully entertaining.

Paul Baer said...

Reminds me more of the Hitchhiker's guide:

How will we eat?
Why do we eat?
Where should we have lunch?