Saturday, January 17, 2009

EconoTunes… Economic Redemption.

So, Nate, why put the music in your posts?

Well, that’s a question I’ve been asking myself… and I’m not sure how it’s been going over, but I like it. It offers a little more creative expression and adds some emotion to an otherwise sometimes hard to read subject. Hardcore and staunch economists may feel that it takes away credibility from the site, but I say that if you don’t like it, don’t press the play button! The work, and truth, will stand on its own merit.

And what is music anyway? Music is made up of waves – the same as all of nature and the markets as well. Good music, like the markets, also has math that underlies the waves. There are relationships that can make beautiful music or music that is off key. I’ll bet that you will find Fibonacci relationships in the waves if you look, just as you see them in the number of pedals on a flower or appendages on your body.

Marketing people strive for this relationship on a visual level. Fibonacci relationships are pleasing to the eye as well as the ear. That’s why credit cards measure approximately 3.4 inches in width and 2.1 inches in height. The difference between them is 1.3 inches, which when divided by 3.4 equals 38.2… a prime Fibonacci relationship! Another way to state this is that the height of the card is 61.8% the width of the card! Measure one and you’ll see.

But more importantly, I’m not currently upbeat about the economy – the news flow is depressing. Many people can’t even bear to look, so they ignore it. If you’re reading my site, that’s probably not you. You can face reality and deal with it, meeting it head on. That’s me… while I don’t like what’s happening, I am optimistic about the future and life in general. One could spend day after day reading economic reports and listening to the dry news, there’s certainly plenty of it out there. You can feel trapped by it if you let it. Same for people who are in debt or are facing a very difficult future because they bought into the must have everything now (on credit) mentality. They face a future of work as they have already reaped their reward by borrowing against future earnings. In this way they have become debt slaves – they are prisoners of the system as are all Americans who now face higher taxes and must toil until late in the year just to pay their taxes. And even those who have done “the right thing” are victimized as well. They watch their retirement savings collapse as they are told that pouring money into their 401k’s and IRA’s is a good way to ensure a future free from work.

Music is one way to interrupt the negativity and to return to nature just a little. Music is an art form that can be inspiring and can offer HOPE. That’s what Obama is selling after all – HOPE. He may be doing all the same things as before, but people always like to hope.

I ran across a video clip of the Shawshank Redemption the other day and found the ending clip interesting. YouTube also has a Shawshank clip about music. I thought it was funny as it got me thinking about why I like the EconoTunes…

The first clip is the music scene, and the second clip picks up in the cafeteria overlapping for about a minute:

The Shawshank Redemption - Music Scene:

The Shawshank Redemption - Hope:

If you like the music and videos intertwined with stories, let me know by voting on the “cool” button below… if not, well then don’t click “play”! ;-)