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Posted By Russ Roberts On October 3, 2011 @ 1:27 pm In Civil Society,Family,Web/Tech | Comments Disabled
I am reading a fascinating book, The Art of Immersion , by Frank Rose–I’ll be interviewing him this week for EconTalk and if all goes as planned, the interview will be up on the web on October 11.
The book is a look at storytelling and how the web has made storytelling immersive. Along the way, he discusses Lost, a very immersive story, obviously, for millions of people. I saw a few episodes but never immersed myself in that world. Rose discusses Lostpedia, the Lost Encyclopedia and the wiki available online about everything Lost. In particular he mentions that there is an article in the wiki on the economics of the island .
I checked it out for fun. It’s pretty bizarre. Written initially (then later edited by others) by a self-proclaimed socialist who at the time was a grad student in economics, it lays out three approaches to resource allocation on the island:
Jack represents the socialist approach to resource allocation. Jack is a mostly benevolent person who attempts to solve the problems of the Island imposed by scarcity, even to the point of personal exhaustion. Jack’s surname, “Shephard,” reinforces this interpretation – he exists to care for and organize the survivors.
Sawyer is seen as representing capitalism. In this context, Capitalism is defined as an economic and social system in which the means of production are predominantly privately owned and operated for profit, and in which investments, distribution, income, production and pricing of goods and services are determined through the operation of a market economy.
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URL to article: http://cafehayek.com/2011/10/lost.html
URLs in this post:
 The Art of Immersion: http://www.amazon.com/Art-Immersion-Generation-Remaking-Hollywood/dp/0393076016/invisiblehear-20
 the economics of the island: http://lostpedia.wikia.com/wiki/Economics
 Image: http://lostpedia.wikia.com/wiki/Economics#
 The Price of Everything: http://www.amazon.com/Price-Everything-Parable-Possibility-Prosperity/dp/0691143358/ref=tmm_pap_title_0/invisiblehear-20
 The Invisible Heart: http://www.amazon.com/Invisible-Heart-Economic-Romance/dp/0262681358/ref=pd_cp_b_2/invisiblehear-20
 motivated by many things: http://www.invisibleheart.com/2003/06/profits_vs_love.php
 Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2011%2F10%2Flost.html&Title=Lost
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