Sun, 06 Jul 2008 02:43:16 BST CiteULike: senioritis's economics http://www.citeulike.org/user/senioritis/tag/economics CiteULike.org en-gb Copyright © 2004-2008 citeulike.org http://www.citeulike.org/user/senioritis/article/1679580 <i>(15 September 2007)</i><br /><br /><div><div>If economics is about the allocation of resources, then what is the most precious resource in our new information economy? Certainly not information, for we are drowning in it. No, what we are short of is the attention to make sense of that information. <br><br>With all the verve and erudition that have established his earlier books as classics, Richard A. Lanham here traces our epochal move from an economy of things and objects to an economy of attention. According to Lanham, the central commodity in our new age of information is not stuff but <i>style</i>, for style is what competes for our attention amidst the din and deluge of new media. In such a world, intellectual property will become more central to the economy than real property, while the arts and letters will grow to be more crucial than engineering, the physical sciences, and indeed economics as conventionally practiced. The new attention economy, therefore, will anoint a new set of moguls in the business world—not the CEOs or fund managers of yesteryear, but new masters of attention with a grounding in the humanities and liberal arts. <br><br><b> </b>“I personally find this head-smackingly insightful. Of course! Money may make the world go ‘round, but it’s attention that we increasingly sell, hoard, compete for and fuss over. . . . The real news is that just about all of us—whether we participate in the market as producers or consumers—live increasingly in the attention economy as well.”—Andrew Cassel, <i>Philadelphia Inquirer</i></div></div> The Economics of Attention: Style and Substance in the Age of Information Richard Lanham (15 September 2007) 2007-09-20T16:27:25-00:00 2007 University Of Chicago Press 712 economics reading style http://www.citeulike.org/user/senioritis/article/1626552 <i>(01 January 2008)</i><br /><br /><P>“Marc Bousquet is the most trenchant theorist of the current academic labor situation, and <B>How the University Works</B> is the best study of academic labor conditions in the U.S. since the 1970s. It is thoroughly and creatively researched, theoretically bold, often mercifully frank, and frequently poignant in its arguments and findings.” <BR>—Vincent B. Leitch, General Editor of the <I>Norton Anthology of Theory and Criticism</I></P><P>As much as we think we know about the modern university, very little has been said about what it's like to work there. Instead of the high-wage, high-profit world of “knowledge work,” most campus employees — including the vast majority of faculty — really work in the low-wage, low-profit sphere of the service economy. Tenure-track positions are at an all-time low, with adjuncts and graduate students teaching the majority of courses. This super-exploited corps of disposable workers commonly earn fewer than $16,000 annually, without benefits, teaching as many as eight classes per year. Even undergraduates are being exploited as a low-cost, disposable workforce.</P><P>Marc Bousquet, a major figure in the academic labor movement, exposes the seamy underbelly of higher education — a world where faculty, graduate students, and undergraduates work long hours for fast-food wages. 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