the efficient universe

Synchronicity, serendipity, universal ordering… call it what you want, but sometimes you’re working on something, and out of nowhere a useful bit of info just drops into your lap or, in this case, your inbox. Joanne McNeil’s latest newsletter contains this little aside:

I was looking for a quote about efficiency in life…something said by a…an…economist? Someone not know for sentimentality? Something about…old shoes? Finally I plugged in the right search words and found it. here it is:

“I believe that one ought to have only as much market efficiency as one needs, because everything that we value in human life is within the realm of inefficiency—love, family, attachment, community, culture, old habits, comfortable old shoes.” — Edward Luttwak

I’m not sure when or how I first came across it, but it appears in Corey Robin’s The Reactionary Mind.

I’ve just started working on a thing—or what may turn out to be a number of things, or perhaps just a thread that runs through a number of things which I am and will be doing?—which revolves around the definition of the word “efficiency” as used by economists, as contrasted to the way the rest of us tend to use it. As such, that Luttwak quote is a gift, because it illustrates exactly the point I’m trying to work with, albeit in an unusually poetic and roundabout way.

Thanks, Joanne! Hopefully some random snippet that I throw out here will help someone else out, and I will get to pay the favour forward…

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