Part of what I find so intriguing about finance and economics is that is seems so foreign to me. Almost like no amount of research I could ever do would allow it to make sense. And of course that isn't true. At its core, the basic principles are common sense. Even I could understand them. But the years of experts and incomprehensible language and a scaffolding of complexity dulled our common sense. Or at least they dulled mine. I spouted suggestions that I heard repeated on radio shows. "Student loan debt is good debt." "A home is a great investment." Are these things true? Maybe? Sure? Probably? I don't know. I could make an argument for or against either although each argument would be pretty short.
So as the economy crumbles, I find myself digging through the rubble looking for my common sense and trying to apply it more reasonably to my own economic decisions. Listening to a story on NPR this morning, jointly produced by NPR and This American Life, felt like finding kindred spirits, other diggers.
Taxpayer Beware: Bank Bailout Will Hurt
And it struck a chord as to the types of thing designers can contribute to a discussion about complex issues like economics and finance.