Friday, May 18, 2018

Prompts for economic SF

I'll hopefully add to this list as time goes by. Feel free to suggest some of your own. For most of these prompts, you'll probably want to ask two questions: (a) why are things like this? (b) What are the implications?
  • Think of an economic system to which you are politically opposed. Imagine, in as much detail as possible, a working version of this system. Make it a bit like utopia. Take all your objections seriously, but devise science fictional solutions to them. Use this as a setting to tell any kind of story you like.
  • It's an intimately surveilled (or sousveilled) society. If an analysis of your behaviour suggests that you want something, you automatically buy it (even if that puts you into debt).
  • Write a thriller, a love story, a murder mystery, a coming-of-age-fable, and/or a comedy of manners. Set it in the near future, during the transition to a Universal Basic Income system. Make sure there are lots of kinks in the process.
  • Imagine an economy without economies of scale. Why don't they exist? What are the implications?
  • Imagine an economy in which all prices and wages have a random element. (Maybe things are priced in this format: something like $3d6 means the cost will be $3-18, but with a higher chance of it being $9 than $3 or $18. Something like $1d20 means the cost will be $1-20, with every price equally likely). Why? What are the implications?
  • Imagine an alternative timeline in which the 1973 Chilean coup failed or never happened in the first place. What next for Stafford Beer and Cybersyn? (You may want to read Eden Medina's Cybernetic Revolutionaries first).
  • Invent a few new cognitive biases, or exaggerate some existing cognitive biases, and extrapolate how they will reshape the economy. 
  • Imagine an alternative timeline in which the Soviet Union pursued computational command economy in a big way. (You may want to read Francis Spufford's Red Plenty first).
  • A tweet-based currency.
  • An economy that has been designed with institutions specifically to disincentivize all kinds of rational egoist, homo economicus behaviour.
  • Imagine a world in which all "markets" are actually networked barter systems. There is no money as such. Goods and services are "priced" in credits, but there's no such thing as owning credits by themselves. What you can do is request goods or services, and list your own goods and services in exchange. The system gets around the coincidence of wants problem by some kind of multilateral matching algorithm, and clears all requests as quickly as feasible. Think through the details of the system, and imagine how it reshapes the economy and people's everyday lives.
  • What we usually call "ownership" is actually a bundle of rights, for instance the right to use something (in certain ways), the right to earn income from it, the right to transfer it, the right to exclude others from using it, the right to dispose of it, etc. Think of different ways of dividing up "ownership." Imagine a society in which these rights are not typically bundled together. 
  • Similar to the last one: imagine a world in which it is easy to place complex conditions on how something will be used when it is sold. What kinds of conditions do people place? Why? What are the second- and third-order effects?
  • Imagine a universe without Nash equilibria.
  • Imagine a universe without Pareto optimality.
  • Imagine all the people, living life in peace, yoo hoo ooh-ooh-ooh.
  • All economic transactions are done through some kind of a Vickrey auction.
  • A world of great abundance -- perhaps kind of post-scarcity -- in which anything that is paid for is paid for with on-the-spot by micro-labour (never more than ten minutes).
  • There are already many LETS communities all over the world. Imagine one system growing until it fundamentally alters the nature of capitalism, or perhaps in some sense replaces it.
  • Imagine an economy in which some or all goods aren't characterized by diminishing marginal utility, but by more complex curves that go up and down at different amounts. How? Why? So what?
  • Imagine an economy where each quantum of cash bears a record of all the historical transactions it has been involved in. (So a bit like a blockchain, but imagine that the data is a bit more rich than what amounts were transferred).
  • Create a magic system based on the stock exchange.
  • Build an economy in which every good or service has a different price depending on who's buying it. Among other things, think about how such an economy handles its complex arbitrage problems.
  • Imagine a world in which certain categories of goods periodically "rotate," e.g. all instances of commodity a turn into commodity b, all commodity b into commodity c, c into d, d into e, and e into a. Why? And how do people adjust to this phenomenon?
  • Imagine a society in which the division of labour is done in some radically different way.
  • Imagine a functioning economy and financial system in which there is no interest (and also probably no arrangements like buy-to-lease which in some ways functionally approximate interest bearing loans).
  • Imagine a world in which all transaction costs are zero. Or, imagine a world in which all or key transaction costs are exotic in some way, perhaps fluctuating predictably according to some irresistible external impulse.
  • Imagine a society without what David Graeber calls "bullshit jobs." Or imagine the difficult transition to such a society.
  • Imagine a science fictional reason for an unambiguous positive correlation between inflation and unemployment.
  • A world in which something called "smart inflation" exists. What is it, and how does it work? How does it reshape the economy and society?
  • Some kind of biopunk world in which affect (feelings) can be transferred, commodified, bought and sold. 
  • Cash and markets come to an extremely advanced, complex alien society that has never had such things in all their history.
  • Research (or find somebody who knows about) an extremely intricate, dull, and complicated episode of economic history. For instance, research rail fares in the UK 1970-2020. In what ways have they changed? Why? What choices were made? What lessons have been learned? What models are in operation? What challenges are now being faced? Now try to tell the most exciting science fictional story you can, preserving the underlying economic logic. You may want to change the subject matter entirely, but try to preserve (in particular) any insights into the design of policies, institutions and incentives, and/or the counter-intuitive, emergent behaviour of systems whose wholes are greater than the sum of their parts.
  • Imagine the transition to full communism from the perspective of someone working in a particular role in a particular organisation (whether it's a business, a non-profit, something else). Try to include the detailed, mundane challenges in your story -- the kind of stuff the protagonist thinks would be too complicated to explain to anybody who didn't do the job they do.
  • The world is a computer simulation, and everyone knows it. It's also a democracy, and elections aren't just about choosing government officials, they're about choosing new realities. Between elections, the main form of currency is backed by story prompts for economic science fiction, and the economic science fiction based on those prompts.

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