The archdruid on the costs of complexity
May 1, 2010
John Michael Greer posts religiously every Wednesday night, and it is a rare week that I don’t remember to go to his blog to see his thoughts for the week. His economics (and his social views) are informed by those of E.F. Schumacher, as mine are, and this gives him a bird’s-eye-view of contemporary economics that is usually lacking among those who have never read Small is Beautiful, or Good Work, or A Guide for the Perplexed.
However, I don’t want to give the impression that Greer is a Johnny-one-note. He isn’t. What he is, is a social observer who can help you put together the pieces of “today’s breaking developments” that form a mosaic with outlines that are not always at all obvious.
Thus, this week’s column addressed the commonality between the follies of Goldman Sachs and the woes of the offshore drilling industry. What do they have in common, you ask?