neuroscience and price February 29, 2008
Posted by AP in econ, food, neuroscience, psychology.Tags: boston globe, neuroscience, wine
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the boston globe discusses a caltech/stanford study where researchers:
provided people with cabernet sauvignons at various price points, with bottles ranging from $5 to $90. Although the tasters were told that all the wines were different, the scientists were in fact presenting the same wines at different prices.
The subjects consistently reported that the more expensive wines tasted better, even when they were actually identical to cheaper wines.
The experiment was even more unusual because it was conducted inside a scanner - the drinks were sipped via a network of plastic tubes - that allowed the scientists to see how the subjects’ brains responded to each wine. When subjects were told they were getting a more expensive wine, they observed more activity in a part of the brain known to be involved in our experience of pleasure.
designing obama February 28, 2008
Posted by KG in 2008 Elections, arts/culture, design, news, politics, style, tech.Tags: apple, barack obama, branding, consumer, design, font, gotham, graphic design, graphics, marketing, michael bieruit, obama, target, yale
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andrew romano interviews graphic designer michael bieruit on the branding of obama:
Obama’s success owes a lot, of course, to his message–the promise to pass Democratic policies by rallying a “coalition for change.” But watching Obamamania over the past few weeks, I’ve become convinced that there’s something more subtle at work, too. It’s not just the message and the man and the speeches that are swaying Democratic voters–though they are. It’s the way the campaign has folded the man and the message and the speeches into a systemic branding effort. Reinforced with a coherent, comprehensive program of fonts, logos, slogans and web design, Obama is the first presidential candidate to be marketed like a high-end consumer brand.* And for folks who don’t necessarily need Democratic social programs–upscale voters, young people–I suspect that the novel comfort of that brand affiliation contributes (however subconsciously) to his appeal.
Seeking expert opinion, I tested my hypothesis on leading graphic designer and critic Michael Bieruit, who was kind enough to dissect Obama’s unprecedented branding campaign–and show me how it’s helping his candidacy. Excerpts:
…
What do you see as the “philosophical implications,” to use a highfalutin phrase, of Obama’s design choices?
There are a couple of levels. There’s the close-in parlor game you can play about what all these typefaces actually mean. Gotham was a typeface designed originally for GQ magazine, so it’s a sleek, purposefully not fancy, very straightforward, plainspoken font, but done with a great deal of elegance and taste–and drawn from very American sources, by the way. Unlike other sans serif typefaces, it’s not German, it’s not French, it’s not Swiss. It’s very American. The serif font that he often uses to write Obama is delicate and nuanced and almost, not feminine exactly, but it’s very literary-looking. It looks very conversational and pleasant, as opposed to strident and yelling. It’s a persuasive-looking font, I would say. But that’s putting these things on couches and pretending they have personalities.Right. It’s sort of hard to imagine in a voter in Cleveland (or a Newsweek political blogger from New York, for that matter) interacting with Obama’s design on that level. How does it affect those of us who aren’t graphic designers?
Well, I’m teaching this class at the Yale School of Management, and we were just talking about brand management and politics–exactly this thing before we got on the phone. And one of the things that came up in the conversation is, if you think about it, the challenge for someone named Barack Hussein Obama is that he’s such an unprecedented figure in American politics–so much so that everything he’s trying to do is, in a way, trying to make him look smoother and more normal. Someone said, “Well, why shouldn’t he have revolutionary looking graphics–graphics that make him look like grassroots, like an outsider? Things drawn by hand, things that look forceful and avant-garde.” But I think he’s using design in a way to make him look as normal, as comfortable, as inevitable as a brand can look in American life. Those are really deliberate, interesting choices. Whether or not a sans serif font like Gotham looks more “American” than a Swiss font like Helvetica, that’s in our imaginations to a certain degree. I think it’s much more incontrovertible that he’s actually using the seamlessness of this branding to convey a candidacy that’s not a dangerous, revolutionary, risk-everything proposition–but as something that is well-managed and has everything under control.
the downside of obamanomics February 27, 2008
Posted by AP in 2008 Elections, econ, news, politics.Tags: economics, greg mankiw, minimum wage, obama, patriot employer act, protectionism
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hint: most acts with the word “patriot” in them are a bad idea.
via greg mankiw, a piece on obama’s “protectionist legislative initiative” at voxeu. no comment on most of the article, but this sounds about right:
Much of the US infrastructure is old and inadequate following decades of bipartisan neglect; it serves as an obstacle to the ability of the United States to respond and adapt to change. The quality of primary and secondary education in the US has fallen behind the level provided by most other industrial countries and is even threatened to be eclipsed by levels in quite a number of emerging market nations.
the audacity of data February 26, 2008
Posted by KG in 2008 Elections, books, econ, politics.Tags: austan goolsbee, behavior, behavioral economics, economics, richard thaler, robert reich, the winner's curse, university of chicago
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noam scheiber with an excellent piece about obama’s economic advisors:
But what’s really interesting is how Thaler and his fellow behaviorists responded to this fairly critical insight. Though rational self-interest was the central tenet of neoclassical (i.e., modern) economics, they didn’t take a wrecking ball to the field and replace it with some equally sweeping theory of human behavior. Instead, they labored to bring economics closer in line with how the world actually works, one small adjustment at a time. “‘Discovery commences with the awareness of anomaly,’” Thaler wrote in the introduction to The Winner’s Curse, quoting the philosopher Thomas Kuhn. “I hope to accomplish that first step–awareness of anomaly. Perhaps at that point we can start to see the development of the new, improved version of economic theory.”
As it happens, Thaler is revered by the leading wonks on Barack Obama’s presidential campaign. Though he has no formal role, Thaler presides as a kind of in-house intellectual guru, consulting regularly with Obama’s top economic adviser, a fellow University of Chicago professor named Austan Goolsbee. “My main role has been to harass Austan, who has an office down the hall from mine, ” Thaler recently told me. “I give him as much grief as possible.” You can find subtle evidence of this influence across numerous Obama proposals. For example, one key behavioral finding is that people often fail to set aside money for retirement even when their employers offer generous 401(k) plans. If, on the other hand, you automatically enroll workers in 401(k)s but allow them to opt out, most stick with it. Obama’s savings plan exploits this so-called “status quo” bias.
And, yet, it’s not just the details of Obama’s policies that suggest a behavioral approach. In some respects, the sensibility behind the behaviorist critique of economics is one shared by all the Obama wonks, whether they’re domestic policy nerds or grizzled foreign policy hands. Despite Obama’s reputation for grandiose rhetoric and utopian hope-mongering, the Obamanauts aren’t radicals–far from it. They’re pragmatists–people who, when an existing paradigm clashes with reality, opt to tweak that paradigm rather than replace it wholesale. As Thaler puts it, “Physics with friction is not as beautiful. But you need it to get rockets off the ground.” It might as well be the motto for Obama’s entire policy shop.
religion and modernity February 25, 2008
Posted by AP in comedy, religion, science.Tags: atlantic monthly, jesus camp, modernism, religion, secularism
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alan wolfe writes a piece on wealth and religiosity at theatlantic.com:
Until relatively recently, most social theorists, from Marx to Freud to Weber, believed that as societies became more modern, religion would lose its capacity to inspire. Industrialization would substitute the rational pursuit of self-interest for blind submission to authority. Science would undermine belief in miracles. Democracy would encourage the separation of church and state. Gender equality would undermine patriarchy, and with it, clerical authority. However one defined modernity, it always seemed likely to involve societies focused on this world rather than on some other.
But intellectual fashions are fickle, and the idea of inevitable secularization has fallen out of favor with many scholars and journalists. Still, its most basic tenet—that material progress will slowly erode religious fervor—appears unassailable. Last October, the Pew Global Attitudes Project plotted 44 countries according to per capita gross domestic product and intensity of religious belief, gauged by the responses to several questions about faith (a rendition of the Pew data appears on the opposite page). The pattern, as seen in the Pew study and a number of other sources, is hard to miss: when God and Mammon collide, Mammon usually wins.
but wait! you may be thinking, i just netflixed jesus camp and boy are people here crazy!
You’ll have noticed that I’ve said nothing yet about the United States. Talk about an outlier—there on the Pew chart it stands, nearly alone, as the only country in the world, apart from Kuwait, that is both wealthy and religious. Americans are not only more religious than Europeans; they are more religious than the citizens of some Latin American countries. If proof is needed that religion will remain a dominant force in history for a long time to come, the fact that the world’s most affluent society is also well up among the faithful would seem to provide it. When the president says that his decision to invade another country was influenced by a call from God, or when school boards decide to include creationism in their curriculum, it appears safe to conclude that Americans are not living in the world envisioned by Marx or Freud.
and finally, wolfe details what i have informally called my “hey let’s hang out at jesus’s house, he’s got a ps3 and a trampoline” theory:
So what happens to religions that find themselves with many competitors? Consider what is occurring within the growing American evangelical movement. It has built megachurches that meet the needs of time-pressed professionals by offering such things as day-care centers, self-help groups, and networking opportunities. Its music owes more to Janis Joplin than to Johann Sebastian Bach. Its church officials learn more from business-school case studies than from theological texts. And its young people—well, as the children of parents who have gone through a born-again experience, they are not likely to be as obedient as the evangelical leader James Dobson wants them to be. Having opted to grow on secular terms, American evangelicalism is becoming less hostile to liberal ideas such as tolerance and pluralism. New efforts to take it in directions sympathetic to environmentalism and social justice are a direct result of the maturing of the faith, which followed from earlier decisions to make the movement more appealing to large numbers of Americans, especially the young.
Art of Noise - Eye of the needle February 25, 2008
Posted by theraisedhand in music, music on monday.Tags: ambient collection, art of noise, eye of the needle, music
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a reason to look forward to april February 22, 2008
Posted by KG in hip-hop, music, news.Tags: ?uestlove, ahmir thompson, black thought, common, def jam, entertainment weekly, lupe fiasco, q-tip, questlove, rising down, saigon, styles p, talib kweli, the roots, wale
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the roots’ next cd: track by track:
On April 29, the Roots will unveil Rising Down — the latest step in the six-member Philadelphia hip-hop band’s 15-year evolution on record. The darkly funky, politically charged project is now almost done after more than a year of recording, though it is currently missing contributions from planned guest artists Common, Lupe Fiasco, and Q-Tip.
Earlier this week, EW stopped by the Manhattan studio where rapper Tariq ”Black Thought” Trotter, 35, and drummer/producer Ahmir ”?uestlove” Thompson, 37, are working on some final touches, and scored an early listen to the still unsequenced 12-track set.
”RISING DOWN” (possible alternate title: ”Humdrum”) Guest rappers Mos Def and Styles P join Trotter in unleashing a slew of dystopian imagery over heavy, atmospheric synths. ”It’s not an intro, but more an introduction to the topical theme of the album,” Trotter says. ”Mos kicks it off from one perspective. My verse is about global warming and how the world is all haywire. And Styles P is rapping about prescription-drug campaigns, the stuff they advertise on TV, all the crazy side effects. We’re all dealing with different aspects of the state of the world.”
…
”BLACK’S RECONSTRUCTION” Trotter raps for 75 bars straight on this lyrical exercise, spitting effortless game (”Smooth like the dude Sean Connery was playing”) over a dirty drumbeat and foghorn-like tuba moans. ”It was a first take,” notes Trotter. (Show-off!) ”That’s a song in the tradition of ‘Web’ and ‘Thought @ Work’. It’s become something that die-hard fans check for, that extended freestyle, minimal chorus, hard-hitting lyrical joint.”
scandals of higher education February 22, 2008
Posted by KG in books, race, reviews.Tags: affirmative action, class, diversity, education, gender, higher education, ivy league, minority, teaching
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Michaels is fed up with the mantra of diversity, and it is hard to blame him. In the past, one obstacle that kept minority students out of college was patent racism—the asserted association between external physical characteristics (skin color, facial features, body type) and inherent mental capacities or tendencies.[12] Today, however, this kind of pseudoscience has been discredited, and the word “race” tends to be employed as a synonym for culture—an equivalence based on the dubious, or at least imperfect, premise that a person’s ancestry tells us something important about how that person experiences the world. The problem with “this way of thinking about culture instead of race,” Michaels says, “is that it just takes the old practice of racial stereotyping and renovates it in the form of cultural stereotyping.”[13] People of African ancestry are expected to prefer blues to Brahms. People of Asian ancestry are lumped together in the category “Asian-American” even though they might identify themselves primarily as Laotians or Christians. In any event, they are supposed to prefer engineering to poetry.
Michaels argues that nothing much has changed by substituting the idea of particular cultures for the discredited idea of race. For pragmatic as well as analytical reasons, he wants the left to forget about this kind of diversity, whether we call it racial or cultural (”diversity, like gout, is a rich people’s problem”), and focus instead on poverty. A satirical verse (quoted in another recent book by another English professor, Michael Berubé of Pennsylvania State University) nicely captures Michaels’s point. It might be called the Song of the Abject Affluent, and a lot of people at elite colleges are singing it:
I’m sorry for what my people did to your people
It was a nasty job
Please note the change of attitude
On the bumper of my Saab.
the first civil libertarian president? February 20, 2008
Posted by KG in 2008 Elections, op-ed, politics.Tags: aclu, barack obama, civil libertarian, civil liberties, john mccain, libertarian, safe act
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jeffrey rosen writes (pdf or jpg) in the new republic:
If Barack Obama were to win the Democratic nomination and the White House, he would be, among other things, our first civil libertarian president. This is clear not just from his lifetime rating on the ACLU’s scorecard (82 percent compared to John McCain’s 25 percent). It is clear from the fact that civil liberties have been among his most passionate interests - as a constitutional law professor, state legislator, and senator. On the campaign trail, he has been unapologetic about these enthusiasms.
…
After graduating from Harvard Law School in 1991, Obama went to work for a civil rights firm in Chicago, where he represented whistleblowers, community organizers, and black voters challenging discriminatory ward boundaries. During the same period, he developed an approach to constitutional law - which he was teaching at the University of Chicago - that has proved especially relevant to civil liberties debates. The Constitution, he wrote in The Audacity of Hope, “forc[es] us into a conversation, a ‘deliberative democracy,’ in which all citizens are requirred to engage in a process of testing their ideas against an external reality, persuading others of their point of view, and building shifting alliances of consent.” Discussions about civil liberties require this kind of conversation because they attract an unusual coalition of liberals and conservatives under one umbrella.
…
Obama’s approach in the U.S. Senate was similar. He became a co-sponsor of the SAFE Act, the bipartisan reforms that would have corrected the worst excesses of the Patriot Act, and encouraged the coalition of civil libertarian liberals and libertarian conservatives who supported it, from the ACLU to the American Conservative Union.
riyal revaluation February 19, 2008
Posted by agarvin in econ, international.add a comment
usdsar
with all the (warranted) hubbub over mortgages and bond insurance and oil and obamarama and et cetera, there is at least one critical story that is being glossed over by the msm: the precarious state of currencies pegged to the dollar. there are a number of ’smart money’ players making bets that these currencies will substantially appreciate in value relative to the dollar. pimco (the revered west-coast bond fund), for one, has been harping about this issue for quite some time - here is a piece of theirs on the revaluation of the chinese yuan.
in brief, the problem is that if you are say, saudi arabia, and 1) the currency you’re pegged to, the dollar, is falling precipitously, but 2) the fed is more worried about deflation and is thus slashing interest rates (which means that you probably need to cut rates as well), even while 3) you, saudi arabia, are experiencing the worst inflation you’ve seen in more than a decade, and 4) the demand for your currency is going up because peak oil is around the corner and you happen to account for 20% of the world’s oil exports — your currency peg is screwed.
so what do the saudi’s think about all this?
Prolonged discussions by the kingdom’s Shura consultative council at the weekend made it clear Riyadh has no plans to abandon the dollar link. Instead it is opting to use a massive petrodollar surplus to increase salaries and subsidies as a temporary measure to tackle inflation.
[...]
“During the Shura council discussions Al Assaf denied any plan to unlink the Saudi riyal from the US dollar on the grounds that 65 per cent of the world’s nations are tied to the dollar,” the report said. “Detachment has nothing to do with the rise in cost of living.”
[...]The report added: “Sayyari said linking the Saudi riyal to the US dollar does not have a major impact on inflation, adding that all exports by Saudi Arabia and other Gulf states are priced in US dollars. He added most developing nations use the dollar as a peg to their currencies.”[...]He added: “Inflation has hit many countries. There are no magic solutions to this problem. Saudi Arabia is making efforts to ease the problem, particularly by increasing salaries by five per cent and subsidising consumer goods. These subsidies on essential goods, as well as indirect subsidies on many other commodities, will help us deal with the rising costs of living.”