Inner Economist podcast

by on September 10, 2007 at 7:53 am in Books | Permalink

By me (who else?), interviewed by the ever-acute Russ Roberts (who else?), get it here

Among other things, I let on which is my favorite art museum and why, and what is wrong with the National Gallery of Art.  And how I have rediscovered my Austrian subjectivist roots.  And which remark in the book I meant as a joke, but everyone took seriously. 

Get the book here.

mthomas September 10, 2007 at 12:02 pm

As far as leaving movies, this does not appeal to me. When I am in a bad movie I often think about what I would do differently in the movie. I think about what other movies have had a similar premise and what choices they made. I often learn more and am entertained more by critiquing a bad movie (to my own standards) than a decent movie which is forgettable.
Often, the way I watch movies is to set aside a period of time to relax and give myself an out. I watch more not to be doing something else which is not movie watching. It is incrediably freeing to be in a dark room where there is a sufficent cost placed on disturbing others such that I am reasonably sure I will not be bothered. I find that leaving a movie half-way would destroy this motivation for going which has little to do with the quality of the movie. I also like the air-conditioning. Maybe in a bad movie I spend more time day dreaming about other things. In a really good movie I would be captivated by every move of the director of photography and the storyteller.

I see the point that Dr. Cowen is making if there were a whole range of movies that I wanted to see, or if I only had a little time to watch movies and there were many choices. Being that movies for me are a package of relaxing, critiquing, imagining a world view different from my own, or imagining what else I would have done to make the movie better; I doubt I would ever walk out on a movie. This assertion always struck me as odd.

Ian Blincoe September 10, 2007 at 11:22 pm

The Marginal benifit of sitting through a bad movie an additional minute certainly deminishes as time passes. However, if you think about your fellow man, you will see the entire movie, even if it is aweful from the get-go. The sunk costs up to the point at which a cinema parton loses interest are quite large (deciding what to watch, driving to theater, and so on). If you see a bad movie through, you will no doubt complain loudly to all those who will listen, thereby giving them good reason to not invest their own time ( x many friends=lots of savings). Now I understand that even if you dont see the end, you might still complain, but your claim that the movie “sucked” will be less valuable to the person to whom you are complaining, thereby making them skeptical. Would you take a reviewer to heart if he said, “I saw the first thirty minutes and walked out. It was bad”. (I would, but I have a feeling that other people may want to see it through and make their own judgement)

Steven Donegal September 11, 2007 at 4:55 pm

“And which remark in the book I meant as a joke, but everyone took seriously. ”

You mean the rest of the book was meant to be taken seriously? Whoops, silly me. I thought the whole
thing was meant as, if not a joke, at least a giggle. I’ll have to go back and re-read in light of this
new information.

jarry January 7, 2008 at 1:33 am

I come from asia, injoy 室內設計,work in a 搬家公司

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