Apparent Reason Episode 1: The Paradox of Value
We assign dollar values to things we can buy (screws and stock options) and things we can’t (a human life, a terrorist attack’s damage).
What do these numbers actually mean? And why are there so many ominous accordions in a podcast about economics?
Thank you to the handsome iheijoushin for handling time-travel switchboard duties during the Adam Smith communications. If you have trouble viewing the SoundCloud widget, you can download the file directly here.
I really like this! The use of tones representing dollar value is Brilliant!
To anyone who has ever wondered why Statisfactions is one of my best friends in the universe, they need only listen to this podcast to understand
Awesome!
You managed to make a profoundly boring corner of the world both interesting and wonderfully weird.
Keep it up! MOAR!
Well done, Brown!! I can’t wait to hear more! I’m curious if using water with POOOOP ROOOOCK as fertilizer could possibly increase its value?
My team is running the models right now for that question, Heather! And what about Poop Rock Credit Default Swaps?
In other breaking news, it’s wonderful to hear from you. It’s just not as much fun getting the Economist in a way that does not involve you faking a snooty British accent.
Interesting and giggle producing! Bravo!
I really love the use of tones–they create a different way to experience the meaning of numbers.