When bad news prevails
Posted by Denis Haack in Brokenness, Creation, Economics, Glory, Hope, Justice, World
Elysium is exciting, and the visuals are again striking (the surgery scene worth the price of admission), but it comes off as an action film rather than a story that makes us think. And there are two technical aspects that were irritating. First is the (over) use of a hand held camera. I realize this technique of filming draws the viewer into the action, but it can also be unsettling when used too much. It is unsettling here. And second, I understand the need in the story for the fight scenes and do not dispute that. However the film takes great effort to make us see how very human and ill the Damon character is, but then has him fight as if he were a hero in a Marvel comic. I suppose the point was to stress the importance of his struggle, but the lack of reality in the sequence made it merely implausible, instead.Economics from a biblical perspective
Posted by Denis Haack in Civility, Economics, Justice, Markets, politics
Bruce Wydick, Professor of Economics at the University of San Francisco, weighs in on the fractious debate over reforming health care costs.
Formerly the terrain of policy wonks and ivory tower academics, the recent health care debate in the United States has aroused public interest and angst more than any domestic policy issue in recent memory. I personally have been intrigued by this debate, both as an American economist and as an American Christian, and both of these factors make me a strong advocate of health care reform. I believe that the U.S. needs a strong version of health care reform to make our economy more efficient and our society more just.
Read the entire article, which appeared in Comment (published by Cardus), here.
If there is one truth to emerge from the financial crisis of the past year it is that no one knows for certain all that went wrong, how to make it right, and how to fix things so that a similar thing won't happen again. There are theories and ideas, proposals and strategies, some better and some worse, but that is all. And though that is not nothing, it calls for humility. A great deal of humility.
In a globalized, pluralistic world there is no doubt that product labels can be important. We should know where things were made, what ingredients are in products we will consume, and to what specifications the gadget conforms. Research reveals, however, that there is a hidden trap.
Do you know what a megapixel is, or what horsepower measures? Consumers are irresistibly drawn to product specification—from the “distortion rate” of a stereo to the calories in a snack—even when the numbers mean nothing to them. In fact, given a chance to directly experience competing products, buyers are still more likely to jus pick the item with the impressive-sounding features on the package, even if it is more expensive.
Source: “Specification Seeking: How Product Specifications Influence Consumer Preference” in the Journal of Consumer Research noted in The Atlantic (March 2009) p. 17 which you read here.
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