Comments on: The Rise of the Creative Economy

By: 5 Demands Of The New Economy | The Emotion Machine

5 Demands Of The New Economy | The Emotion Machine — Thu, 28 Oct 2010 17:34:09 +0000

[...] source of all innovation and improvement. There is a great article at Lateral Action called “The Rise of the Creative Economy” which really drives this point home. One part states: “While data and knowledge are [...]

By: A Creative Education for a Creative Economy

A Creative Education for a Creative Economy — Fri, 10 Sep 2010 11:35:07 +0000

[...] via Mark McGuinness and Lateral Action In reality the creative economy is neither a panacea nor a mass delusion but somewhere in between. The opportunities are balanced by dangers. Chris Bilton concludes that the creative economy is important ‘not because it represents a bright new future, but because it represents a future of uncertainty and risk’. [...]

By: Two cents aren't worth anything anymore | NearlyEmpty

Two cents aren't worth anything anymore | NearlyEmpty — Sat, 23 May 2009 22:55:51 +0000

[...] happened again today. I was going through some blogs and I came across an excellent entry on Lateral Action on “The Rise of the Creative Economy.” I plan on writing an entry on this still, but I [...]

By: Very Cool Article - The Role of Creative Thinkers on the Economy | John Pisciotta - Creative Catalyst

Fri, 31 Oct 2008 21:57:43 +0000

[...] The Rise of the Creative Economy [...]

By: Tony

Tony — Thu, 09 Oct 2008 17:29:37 +0000

Great idea, Reinis.

We’ve also been asked about shirts and stuff. It’s definitely something we’ll do if there is enough interest.

By: Mark

Mark — Thu, 09 Oct 2008 17:26:12 +0000

Thanks for the idea, I’ll see what Tony thinks of it.

By: Reinis Ikass

Reinis Ikass — Thu, 09 Oct 2008 10:58:35 +0000

Yes, the question of value is more philosophical than empirical. And many problems could have been avoided if this simple truth – that we all value things differently – had been understood. But this is actually a question of economics.

Oh well, poor Lou – it’s a hard burden for one person.

Hey, but I absolutely love your three characters. And I have an idea that you could use – create (inspirational, motivational) wallpapers with your three characters and their quotes.
I’m thinking something like this: http://anabubula.com/content/Motivational-wallpapers-001

By: Mark

Mark — Thu, 09 Oct 2008 10:14:22 +0000

Thanks Reinis – re subjective value, we’re getting into deep philosophical waters here! I agree that the value of all products is ultimately subjective, although many of them have a fairly obvious practical use. E.g. a spade or a helicopter delivers an obvious practical benefit to the user. The argument about creative products is that the value resides chiefly in the symbolic content rather than any practical utility. But as you point out, it’s a matter of degree rather than any absolute distinction. Glad to hear we can blame Lou for the dot-com bust as well as the credit crunch.

By: Reinis Ikass

Reinis Ikass — Tue, 07 Oct 2008 16:55:44 +0000

Great site, guys!

Just to clarify – ALL valuations of products, services or whatever are subjective. It makes no difference how much it cost to make it, what it can do, what it looks like etc. All that matters is how a person values the product/service/whatever. How I see/perceive the subject at hand.

After all – we are all unique. And that’s what makes this world and life so interesting!

ps: Oh, and the dotcom bust was a result of (bad) monetary policy. Just like the existing credit crunch.

Good luck!

By: Mark

Mark — Sat, 20 Sep 2008 10:48:41 +0000

Thanks Jay – vindication is sweet.