Category: Politics
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not merely window-dressing
Adam Tooze, an aside in an account of the unfolding Ghanian debt crisis: Narratives are not merely window-dressing. They matter, because they fuel optimism and sustain belief, which infuses the assessment of analysts and credit rating agencies. Narratives are amongst the tools with which capital allocators manage the uncertainty inherent in any investment, but which…
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primarily to encourage us […] to make the decision to care less
Adam Kotsko: One is forced to conclude that political coverage is not meant to inform us about how to vote. What, then, is it for? I have said that the business press is meant for people who are making daily ongoing decisions in pursuit of a clear goal, so what is the equivalent for the…
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stories and possibilities are always multiple, infinite
Wonderful essay here at LitHub by Ellie Robins. I was sold from this moment: The truth is, there can be no such thing as a monomyth. Stories are alive, and like all living beings, they exist in ecosystems. In the living world, a monoculture always spells death. Ellie Robins https://lithub.com/how-to-go-home-on-resisting-a-very-english-heros-journey/ TFW someone totally nails, with…