• Deliver a Presentation like Steve Jobs
  Well, we all need to tweak our presentations from time to time, right? ;-) Anyway even though most hints are not rocket science at all it's good to have them written down in order to be remembered; take me at my word!
  (tags: steve_jobs presentation inspiration education tips steve speech)

i’ll always have a soft spot for anything coming from savannah. savannah is the first city, other than my hometown, where i really felt at home, and it’s also the city where we’ll be getting married next year. so i was happy to hear from jessica at working class studio (a program where students design work for sale) about these cute new fabric-covered storage boxes. i always need a pretty place to keep things in order so these might need to be in my tiny mini-office some day. the boxes will be available december 1st so click here to pick one up when they’re officially for sale.

You know I'm a huge fan of Japanese modernist houses. This one is genius.

'Penguin House' (aka Skin House Project #2) by Yasuhiro Yamashita of Atelier Tekuto.

Via the girl in the green dress

On September 8, 2008 at the Ars Electronica digital media festival in Linz, Austria, 170 people from fields spanning business, culture, arts and technology gathered at Mission Future to explore the power and potential of open innovation and collaboration. Under the theme „We’re Open“, participants spent the day immersed in presentations, panels, interviews, breakout sessions, Future Slams, a Future Hunt, music and interactive art.

Over 25 speakers lead discussion, sharing their expertise and opinions on topics including the future of intellectual property, open source, crowd-funding, social networking, the future of creation, open community, open business and open arts. Over the coming weeks and months we’ll be posting video clippings and summaries of Mission Future 2008 sessions on the Mission Future website, so visit http://missionfuture.trendpool.com/ to find out what went on.

An enormous amount of gratitude is due to all the speakers for sharing their foresights and insights with us, and equally sincere thanks go to our participants, whose contributions were key to the success of the day, to Ars Electronica Linz for their support in realizing this first major undertaking of Mission Future, and to our sponsors, the Berlin School of Creative Leadership, Weingüter Retzer Land, Art Directors Club, Red Bull, Carpe Diem, Linz 09, Indigo, Der Standard, Linz Tourism, Groupile and rebell.tv.

Building on the success of the 2008 event, the goals for Mission Future 2009 are now far loftier. We intend to receive speakers of the same high calibre as those we were privileged to hear this year, to tap into the knowledge and experience of participants to even greater effect, and to further advance Mission Future’s initiative to create tomorrow’s economy.

(Photo: Oswald Schröder, Elizabeth Stark and Joichi Ito discuss the future of intellectual property. Credit: Ars Elelctronica)

A real treat today. I just received an email from Sara and David Sage, the owners of a modular house I helped them design back in 2004. They have been in the house for about 2 years now, and they are well moved in and at home. They shared many pictures of the house which I'm posting here.



A panoramic view of the Sage home interior.



Sara and David's big goal for this house was to bring it in for $100 a square foot, no small task in the expensive Los Angeles county construction market. But they had a plan, to do copious research on their own, to get the most value out of every consultant they used, and every vendor and contractor they engaged, they resolved to build the house modular, to source their modules from a market with much lower labor cost in Utah, and to complete a good deal of the work themselves as sweat equity. It was their dream to have a modern house and I must say they succeeded on every count. From finding the best materials and vendors, to researching planting material and submitting their own landscape plan for permitting, Sara and David did it all and tracked it in detail in their blog on LiveModern.com. It was a tremendous inspiration and people cheered for them every step of the way. Its hard to know how many other people they inspired to dig their heels in and pursue their own dream of a modern house.



When the work was done, well, almost done, and the smoke had cleared I believe Sara calculated that their cost worked out to about 114$/sqft. This was pretty remarkable at a time when there were literally dozens of prefab house start-ups trying to get traction. The lament was how everything was costing much more than expected, and much more than hoped. In that milieu of dashed hopes Sara and David fought and struggled to make their house happen at a cost that was a pipe dream for the rest of the market.



The house is a reasonable 1400 sqft, 3 bedrooms, with an open kitchen, living/dining, family room space, it really is a wonderful plan that lives much larger than it appears on paper. The modular units in different colors tell the prefab story. You should be able to orient yourself to the photos using the plan. The house site is unusual in that the back yard of the house is really at the side, so the front porch wraps around to the side, and that is the main back yard like space. The rear and other side have proximity to neighbors, more like a house typically has at the sides.
My favorite thing about the design is the three spaces you see in the photos - the kitchen, living/dining, and family room are each small square rooms that overlap at their corners, each space well defined, and very open to one another. It really walks the tightrope between open plan and discrete rooms. David and Sara brought a rough version of this floor plan to the table when they hired me, so they deserve the credit for its design, my role being more to refine, and adapt it to division into modules, and to resolve the plan into the 3d massing and window placement. It was truly a collaboration of the best kind. More photos in the browser below.

Technorati Tags: modern design, modern house, modular house, prefab house

The steel framing for the 3030 EcoSteel House has been set up and we have a few photos back from the owner/builder showing the progress.



Here we see the frame set up to the second floor, and first and second floor joists in place. The roof framing has just begun.



Here it appears the entire main framing system is in place, including the roof purlins. Next will be the light gage wall framing to infill the exterior walls and frame out the window and door openings.



Here we see the recycled barn siding that we saw in an earlier post being installed as the first floor ceiling. The bar joists will be exposed, painted, but more or less as we see them here. The barn planks are going directly over the joists, and plywood floor deck will go down over the planks, and then finish flooring. I love the way this looks. The contrast between the industrial truss joists and the rustic planks is just great.

Tune into the 3030 House flickr group to see all of the photos forwarded by the owner.

Technorati Tags: 3030 House, ecosteel, modern design, modern house, prefab house

London textile designer Kathy Schicker's light-reactive woven textiles appear to be beautiful white jacquard fabrics, but when they are exposed to sunlight, the light brings out colour and pattern. At the same time, the sunlight charges the fabric, causing it to glow in the dark. The effect is usually quite subtle, but will vary depending on the time of day and season.

+ kathyschicker.com

in honor of in the kitchen with fridays, i wanted to post this beautiful minimalist tray and bowl ($118-$132) from desu design. i love the way that they’re sculptural and beautifully made, but really let the food (or whatever they’re holding) shine. click here for more info and to shop.

ps: stay tuned for a special friday sneak peek at 12…

+ The Ideaco & Muku collection of brings together a lovely collection of wooden desktop accessories.

+ Tokujin Yoshioka's Venus chair will be the centerpiece of the "Second Nature" exhibition at 21_21 Design Sight. Via Dezeen.

+ The Good Design Award 2008 "Best 15" has been announced. JS

This is just too fun not to share even though its not about houses or house plans. The Unplggd blog from the Apartment Therapy family of blogs posted a piece about our office in connection to our work on the workalicious blog about office spaces.



Unplggd has a series where they show the workplace of a blogger that they like or follow. We are very pleased that they follow our blog workalcious and asked us to share our workplace with their readers.

The workalicious blog is about, you guessed it, the workplace! We write about office design, office furniture, accessories, about office culture, and we also like to share examples of interesting workplaces.

So check out our office:
Behind the Blog: Workalicious

and check out workalicious

Technorati Tags: modern design

Each year the Society for Environmental Graphic Design sponsors a contest to recognize the best in environmental graphic design. This year’s Juror’s Award went to Norman Lee and Charles Houser for their Billboard Earthbag Project.

The designers say: “Because most conventional sandbags are fabricated from polypropylene, they are very vulnerable to UV rays and quickly begin to deteriorate when exposed to the sun. Consequently, earthbag shelters need to be plastered to maintain their durability during extended use.The Billboard Earthbag Project envisions using billboard vinyl as an alternative material for earthbags. Polyvinylchloride (PVC) or vinyl, a virtually indestructible, UV-resistant material that cannot be incinerated because of the toxic gases it would emit, represents a substantial portion of the PVC in the world’s overburdened landfills. Because of its durability and imperviousness to the sun and other elements, billboard PVC is an ideal material for reuse.”

“The reuse of billboard vinyl in earthbag construction mitigates the impact of global warming in two ways. Transforming this landfill-bound material into another useful product helps lessen landfill overflow worldwide. It also eliminates the need to protect earthbags from UV rays, resulting in more robust emergency shelters that can be used longer to lessen the human suffering caused by natural disasters.”

“As a visual concept, each billboard shelter stands as a symbolic gesture of sustainability. Beyond its environmental benefits, the strategy of reusing billboard vinyl visually recontextualizes the nature of billboards, which are symbols of mass consumerism and a pervasive form of visual pollution in our world. This concept does not seek to generate imagery, but instead appropriates existing commercial imagery as a metaphor for global recycling and reuse. Assembled together into a shelter, the earthbags create a dynamic and vibrant pattern of collaged images and text from around the world, dramatically suggesting a unified, international gesture of sustainability, hope, and humanitarianism.”

According to the jurors, they "were intrigued by this project as an example of ‘cradle-to-cradle’ design pertinent to the signage industry. Utilizing intrinsic qualities of billboard PVC—UV resistant and near indestructible—this concept proposes the creation of dwellings from recycled material and imagery. The idea takes the recycling of billboards, street banners, and print graphics—already employed by art museums in the creation of second-use products—to another level. Truly inventive!"

This all sounds pretty good, and might well work if the billboard material were cut and sewn into bags. One obvious disadvantage of the idea is that since PVC is toxic when burned, this would present a potential hazard to the occupants, but of course this is true of many modern building materials. PVC poses a great risk in building fires, as it releases deadly gases long before it ignites, such as hydrogen chloride which turns to hydrochloric acid when inhaled. As it burns it releases yet more toxic dioxins. Additionally, vinyl does outgas highly toxic VOCs over time. Fortunately most of this danger would have passed with the use of recycled signs, but this could also be an issue.

• Explaining Innovation through Illustration: Google Chrome
  For more than a year the use of illustrations in order to ideate and visualize innovation both in products and services has been part of my Design Management seminars.

  While preparing for the international version of this seminar in Lucerne/CH in November this year together with my colleague Erik over from http://www.zilverinnovation.com I've been happily stumbling across Google's announcement to release a new G-branded browser built from scratch. However it wouldn't be Google if they would have chosen the ordinary road of explaining innovation with plain fact sheets. Instead they've chosen the format of a 'Comic' in order to illustrate the new approach and rich features of the web browser.

  Thanks to Scott McCloud I do now have a new (and better) example of great use of illustrations for business purposes.

  (tags: web design software scottmccloud google browser illustration innovation)

I was really delighted this afternoon to find a new rolu post waiting for me in my feed reader. I clicked on over (because rolu posts are best enjoyed on their own page) and was absolutely blown away. With all due respect to the many other fine blogs I enjoy reading, to me rolu|dsgn has the most original, interesting, and brilliantly told architecture and design related posts on the web. This latest piece is something special, and I cannot recommend strongly enough that you give it a look.

The post describes an almost daydream of a vision, one of Minneapolis skyways converted to chic modern cabins, that was actually turned into reality by the firm CITYDESKSTUDIO. It's a great story of people connecting through common love of design, of seeing interesting things in unusual objects, and turning inspiration into reality.

Here's a quick look at the project. Read the rolu post for the details.





First sea container homes, now this. Wonderful!

I enjoyed browsing CITYDESKSTUDIO's work on their site. They've done a lot of nice projects. For some reason their kitchens really appeal to me. They're bright and cheerful and clean. I'm a morning person, and kitchens are morning person places. I can easily see myself in any one of them, having banana pancakes and hot tea, and reading rolu posts on my laptop (though I very seriously caution you against mixing maple syrup with keyboards). Take a look at a couple of examples:






Did you see the blue Eames chair? It's like they're reading my mind.

By the way, Matt was incredibly kind to mention Future House Now in his post. I'm not writing this gushing praise as a reciprocal gesture, but I must admit it pleases me endlessly to be included in such a good story in any way.

The rolu blog is my favorite site on the web. I say that in all honesty. If you haven't given it a look yet click on over and say hi. You will not be disappointed.

Image credits - CITYDESKSTUDIO site

Karrie Jacobs has been writing a series of articles for Metropolitan Home magazine, all under the theme of "How We Live". In the October 08 issue she wrote about our house plans.

We've not seen the issue yet, only this scan from friend Jeff "jake" Jacobs.



Karrie is a thoughtful observer and commenter on design and one of my favorite design writers. It was the questions that she posed as founding editor of Dwell, about why it was not possible to go out and buy a modern home that inspired me to create this collection of house plans way back at the start. Its really an honor to have it come full circle, to be interviewed by her about the house plans and the whole journey.

Technorati Tags: house plans, modern design, modern house

Talk about bending over backwards to please someone! This hybrid flexible kitchen faucet from Paini is all about pleasing you with its futuristic design, ergonomic shape and utility that makes it simply delightful. This irresistible kitchen faucet is flexible enough to make all your tasks easy and simple and ensuring that you can reach wherever you want with it. The design is elegant, modern and perfect for that “space-age kitchen”. Adding to the whole coolness, it sports LED indicators that illuminate to signify water temperature. The faucet is available in black, white and gray. - via HomeDosh

a

Futuristic hybrid Faucet from Paini: Bendy and Trendy!

at night, light shines through the exterior patterned blocks of the 'patchwork pavilion'

'patchwork pavilion' is a temporary art gallery designed by DOMO arquitetos associados. the structure was
originally built for the casa cor 2008, an exhibition for home textiles in brazil. the name of the pavilion is fitting,
as the exterior is constructed from a random combination of four different pre-cast concrete blocks whose
patterns have been inspired by embroidery pieces that originate in the northeast part of the country.
these concrete blocks were largely used in early modernist buildings in brazil, because of their ability to ventilate
and allow light to pass through the patterns, as well as for their low-cost and shape.


the four different patterned tiles create a graphic patchwork effect




'cave house'

DOMO arquitetos associados' 'cave house', was originally designed for a competition called 'luxury for all'
which explores the idea of luxury living which considers our sensorial experience with buildings and objects,
with an approach to sustainability. the structure aims to continue the flow of nature through the cave-like space.

DOMO arquitetos associados: http://www.domo.arq.br

I don’t really do this sort of thing often, but check out this worthy forehead slapping idea that really makes one say “why did I not think of that”? Stefan Buchberger, from the University of Applied Arts, Vienna, Austria, has been chosen winner of the Electrolux Design Lab 2008 competition for inventing Flatshare. Flatshare is a [...]

• Lines and Bubbles and Bars, Oh My! New Ways to Sift Data
  This articles very nicely supports the new concept of my latest course I will be offering in Design Management this fall: Business Modell Visualization.

  In my role as a Professor for Design Management I carefully monitor the development of skills design students show when they leave our faculty. Beside usually excellent hands-on skills in graphic, product, and communication design very often the graduates lack appropriate skills to integrate their thinking particularly into business contexts. However one of the most powerful skills design graduates (shal) have is to visualize their thinking and accordingly frame their ideas into powerful charts and illustrations that are easy to comprehend.

  This NYTimes article concisely explains what kind of new approaches, tools, and web applications are out there only to be discovered and used.

  (tags: data visualization design busines models business_models businessmodels education)

• Egonomics and the 'Recognition Economy' | Conference Documentation
  In general I find the conferences organized by Trendbüro Hambug quite corporate and too often the same players (aka speakers) show off. However Tim Leberecht from frog design pointed me to a slideshare summary on the key findings of the German Trend Day 2008 conference. Have a mind on your own and browse the slides:

  "In May this year, frog design founder Hartmut Esslinger spoke at the German Trend Day in Hamburg. The Trend Day is an influential annual forum that gathers thought leaders from business, media, and academia to discuss emerging social and cultural trends. This year's theme was "Identity Management," and other speakers besides Hartmut included Richard Florida, Danny Choo, and David Bosshart."

  (tags: conference trends slides frogdesign)

There's an interesting new study that suggests male commuters who suffer road rage brought on by tough commutes, take that stress and frustration into the workplace. Corporations will be impacted by lost productivity and damage to working relationships.

What could companies do that are located in cities with tough commutes?

1. Encourage use of public transportation- if it works and is reliable
2. Build decompression chambers in the office
3. Create employee transportation systems- like Google's bus
4. Stress management advice- teach employees how to be less angry about their commutes
5. Yoga classes for commuters

It's not entirely surprising that road rage makes its way into the workplace, but I am sure very few companies pause for a moment to think about it and what it could be doing to their employees.


Posted by Ed Cotton

Having just finished reading “A Declaration of Energy Independence: How Freedom from Foreign Oil Can Improve National Security, Our Economy and the Environment,” by Jay Hakes, my mind is spinning with all of the issues that this brings up. Hakes was the head of the Energy Information Administration at the U.S. Department of Energy during the Clinton administration, so he knows a fair amount about the topic.

He makes a pretty good case that not only will shaking the U.S. reliance on foreign oil help in all of these ways, but that it is possible. He points out that after measures put into action after the oil shortages in the 1970’s, the U. S. actually did cut its reliance on foreign oil by half…for a short while. This was accomplished through a combination of government resolve to solve the crisis and the public’s willingness to adopt some simple conservation measures. People actually did drive less and at slower speeds; they turned down their thermostats in the winter and up in the summer; they began to install solar water heaters.

Of course times have changed, and now we are painfully aware of the costs that we face from not having continued to boldly deal with these issues. The true cost and burden of our reliance on oil (not just foreign oil) will be paid by future generations. There is little doubt that the Iraq War is a battle for control of oil resources, for which we are paying dearly in dollars, blood, and tarnished reputation. There is little doubt that global climate change, fanned by our burning of fossil fuels is wreaking havoc with rising sea levels, loss of crops, loss of biodiversity, and increasing severity of storms.

Hakes points out that because of the time lag that often occurs between when tough mitigating measures are adopted and when their effects are noticed, there is frequently little resolve among politicians to act because unpopular measures usually don’t bring votes, especially if voters don’t see positive results.

It has taken a few centuries for us to get into this mess. For over 99% of the time that Homo sapiens has been roaming earth, we have done just fine without burning fossil fuel. Even during the great leap into agriculture from hunting and gathering, we relied solely on our labor, with the help of a few beasts of burden. Then, as ecologist William Catton writes, “Homo sapiens attained a kind of superhumanity by learning to convert the heat energy from fire into mechanical energy by means of various engines.” This discovery has jettisoned humanity into the industrial age, and we have comfortably settled into this new way of life, congratulating ourselves on our modern ways.

Now, with the peaking of fossil fuel supplies and increasing world-wide demand, there is only one direction for the price of oil to go: up. With spiraling prices, all aspects of our economy will be affected. The cost of living in this modern world will continue to increase.

But this simple fact may ultimately be our salvation, because economics will force us to find alternative ways of living, and these will inevitably lead us to cleaner, renewable forms of energy. The inexorable laws of economics will eventually force us to address these thorny issues, even when politicians and an unwilling public dig in their heels to avoid change. It will cost too much to do otherwise!

Of course we can choose to cushion the blow of economic and climatic upheaval by making wise decisions now. We can invest in renewable energy now. We can drive cleaner, more fuel efficient cars now. We can walk. We can grow more of our own food. We can make our homes more energy efficient. We can buy only what we really need. We can do all of these things…and we will be much healthier for it!

the lounge and bookshop areas of bologna's new fabrica store

after seven years of being located on via rizzoli, the bologna fabrica features shop has moved to another
historical part of city's centre at strada maggiore. designed by fabrica's young designers, valentina carretta
and sam baron, the atmosphere is low-tech and uses elements which are typically associated with
the construction industry: wooden boxes, concrete quarterdecks, pallets and electrical devices, alongside
other furnishings. the walls are decorated with hand-drawn graphics by marta teixeira.


wooden palettes are used to display products, with interactive clock by tomonaga tokuyama right

designboom snapshots: fabrica at milan design week 2007
designboom snapshots: fabrica at milan design week 2008

fabrica: http://www.fabrica.it
sam baron: http://sambaron.blogspot.com

I should share some snippets from last Friday when I’ve joined several of my peers in The Hague, NL. However please allow for some digesting of my impressions and thoughts! I will write a follow up for sure ;-)

After all what we’ve touched in our panel discussion as well as during the ‘after show’ talks has been (amongst others) the question how to best enter the ‘Design Management Sphere’. From regular email conversations as well as face2face talks this seems to be an urgent question in particular for fresh (design) graduates.

What I usually respond (and this is not meant as ‘fobbing off’) is that independent from their focus of study (let it be design or business administration just to name the two most dominant ones) graduates should try to gain as many and rich experiences in their field of profession as possible. This enables them to comprehensively explore the pros and cons of the field and will help them to render more precisely which domain of the Design Management sphere they are most interested in: Digital, Brand, Corporate, Industrial, Consumer, Services, just to name a few.

Ultimately and this is what I truly believe in: Design Management to a large degree is to a large degree nurtured by the application of (for sure!) cross-disciplinary experiences and skills that tend to rather grow over time. This does however not mean that undergraduate BA & MA programmes in Design Management are not useful. This is however a different discussion to be discussed at another time.

So, for those of you who are seeking for these cross-disciplinary experiences delivered in a highly condensed format you might want to have a look at the MoHo Website. Here’s a snippet from their vision statement:

“Innovation is hampered by a myriad of factors in today’s globalised world. The lack of communication between knowledge centers such as engineering, marketing and design in companies, creates distortions and miscomprehensions between people that heavily penalize the innovation process.

These problems are further amplified if economic reality is brought into the picture. Too many products have been ‘invented’ in the past with little or no potential for economic success. ‘Inventors’ very easily forget the importance of market reality.”

Unfortunately I haven’t been aware of this initiative and hopefully they will share some of the findings publicly soon!

Side note:

These are the facts & figures of the event I do miss more designers here for sure:
# 7 days in Palo Alto
# June 1 - June 8
# 1 house
# 16 partners
# 15 endorsements
# 15 engineering students
# 3 design students
# 15 business students
# 10 social entrepreneurs
# 10 artists
# 5 venture capitalists
# 2 design professors
# 3 business professors

Architecture & Interiors by: SPLYCE
Location: Vancouver, Canada
Specialty: residential and commercial renovations to custom furniture and landscapes
Project Highlights: Renovations of West2nd and West 7th private residences
Interior Photography: Michael Boland Photography

The great thing about blogging is that I have gained such a great sense of community, meeting so many amazing talents from all corners of the world and also reconnecting with the local design scene. Earlier this year I was honoured to read a kind comment from one of Vancouver's most talented architects, Nigel Parish of SPLYCE. I came across his work last year while sourcing images for modern west coast architecture. Over the past months, I have been lucky enough to learn more about Nigel's work and approach to both architecture and interiors. You can see through his work the merging of the structure and interior volumes of space holds a strong relationship and is seamless. I admire his keen sense of attention to construction details in exploring natural materials in flush exterior cladding and the combining of economical yet quality materials.


To see more of Nigel's work, see slideshow

"Marcello Ziliani's Caprice chair from Casprini is easily the most interesting and original transparent chair to hit the market since Christophe Pillet's Meridiana Chair in 2004. It's also more comfortable. Unlike the original transparent polycarbonate chairs, the Caprice chair's transparent technopolymer body is softer, and it's open asymmetrical honeycomb design not only allows it to flex (making it more comfortable) - it practically eliminates scratching. The Caprice chair is also generously proportioned." - stephen spencer

thin L-shaped walls are used to divide up the interior of the store

duras ambient fukuoka is an apparel shop designed by sinato. located in fukuoka, japan, the store is situated
in a corner lot of a building. the interior is made up of five L-shaped walls which nest within one another.
these dividing structures are used as displays and are randomly distanced, forming both wide and narrow
two-way paths within the store.


entrance to the store which is situated in the corner of a building


the distances between the walls are done at random, various sized pathways


a view inbetween the walls




a model of the L-shaped wall formations

sinato: http://www.sinato.jp

‘sleep’, 2008 (source imagery: jean-bernard restout)

deitch projects, new york
november 1 - december 20, 2008

‘down’ is an exhibit of new paintings by kehinde wiley which opened earlier this month at new york’s
deith projects. a wide selection of wiley’s large-scale works will be on show including four new works
each referencing images of fallen warriors, saints, and classical mythology. using source imagery
from classical paintings, wiley contemporizes them with elements of other painting styles including
graffiti. wiley also examines the notion of ‘the master painter’, while also casting young black males
in the role of the subject.

http://www.deitch.com
http://www.kehindewiley.com

all photography by max yawney


‘morpheus’, 2008 (source imagery: jean-antoine houdon)


‘christian martyr tarcisius’, 2008 (source imagery: auguste falguiere)


‘the virgin martyr st. cecilia’, 2008(source imagery: stefano maderno)


‘femme piquee par un serpent’, 2008 (source imagery: auguste clesinger)


‘lamentation over the dead christ’, 2008 (source imagery: mantegna)


‘a dead soldier’, 2008 (source imagery: velasquez)


‘down’ by kehinde wiley, installation view at deitch projects

The video above shows some of the work from the ongoing Helmut Lang exhibition called “Alles gleich schwer”. You can experience it both in real life at renowned kestnergesellschaft in Hanover and online at the collaboration partner Absolut.

Andra bloggar om: konst, mode, helmut lang, absolut, utställning

Another excellent program on This American Life today all about the financial crisis. If you remember back in May I recommended their program called The Giant Pool of Money which explained in easy to understand terms how the sub-prime lending debacle happened. Similarly today's program titled Another Frightening Show About the Economy explains in easy to understand terms how this all happened.

The financial players on Wall Street had essentially placed "bets" in the form of complex financial constructs called Credit Default Swaps. These were placed by the banks against one another making them all interdependent and likely to topple if one fell. These were first conceived as a form of insurance, later used as more or less a bet. There is no regulation of these financial devices, and hence no overall picture of how over leveraged the industry was. Incredibly irresponsible.

I highly recommend getting the podcast from their site if you have any interest at all in understanding what just happened to you and me - it is a free download for the first week following the show. Here is a link to their site:

http://www.thislife.org/

Or if you are an iTunes user you can subscribe and get the show from there.