Mario Rizzo, the well-known economics professor at New York University (and author with Gerald O’Driscoll of The Economics of Time and Ignorance), wrote about writing on his Facebook page:
I do not particularly like writing. It is hard. But I like even less not-writing. You cannot really know what you think about something unless you write it down. And if you have figured out something it is good to share it with others. But, still and all, writing is a pain. It is the price we pay for our (and everyone else’s) ignorance.
I have often thought about this problem, but Mario wrote it better than I non-wrote it. Writing is a pain but non-writing is a worse pain. (I am not sure if computers and word processing made writing more or less painful, but I would guess the latter at least for me.) I see Mario’s reflection as related to a short section in Ludwig von Mises’s Human Action: A Treatise on Economics (Third Edition, 1963):
The achievements of the creative innovator, his thoughts and theories, his poems, paintings, and compositions, cannot be classified praxeologically as products of labor. They are not the outcome of the employment of labor which could have been devoted to the production of other amenities for the “production” of a masterpiece of philosophy, art, or literature. Thinkers, poets, and artists are sometimes unfit to accomplish any other work. At any rate, the time and toil which they devote to creative activities are not withheld from employment for other purposes. …
It is, furthermore, impossible to substitute other people’s work for that of the creators. If Dante and Beethoven had not existed, one would not have been in a position to produce the Divina Comedia or the Ninth Symphony by assigning other men to these tasks. Neither society nor single individuals can substantially further the genius and his work. The highest intensity of the “demand” and the most peremptory order of the government are ineffectual. The genius does not deliver to order. Men cannot improve the natural and social conditions which bring about the creator and his creation, It is impossible to rear geniuses by eugenics, to train them by schooling, or to organize their activities. But, of course, one can organize society in such a way that no room is left for pioneers and their path-breaking.
The creative accomplishment of the genius … is by no means the result of production in the sense in which economics uses this term.
Mises was focusing on the creative genius. Preceding the above quote, he also wrote (and I think it’s even worse for the quasi-genius or the would-be genius):
[The genius] lives in creating and inventing. For him there is no leisure, only intermissions of temporary sterility and frustration. His incentive is not the desire to bring about a result, but the act of producing it. …
Creating is for him agony and torment, a ceaseless excruciating struggle against internal and external obstacles; it consumes and crushes him. … Nietzsche compared himself to the flame that insatiably consumes and destroys itself. Such agonies are phenomena which have nothing in common with the connotations generally attached to the notions of work and labor, production and success, breadwinning and enjoyment of life.
Isn’t that an interesting and intriguing way to compare creation and economic action? Yet, it is arguably simpler to use a Beckerian approach: you write because it is less painful than the alternative, and less pain implies more utility (a more preferred situation).
READER COMMENTS
Thomas L Hutcheson
Sep 23 2023 at 9:21am
This is the reason I dislike podcasts/videos; they are harder to write about. [Now a podcast that I’m not likely to want to write about like ancient history or science can be a convenient way to receive information] I probably ought to have the self discipline for writing to be “hard” instead of just nitpicking at ideas that are just not quite right. 🙂
Pierre Lemieux
Sep 23 2023 at 10:57am
Thomas: Yes. Deciding what to write (learn) about is another dimension of the problem. We could be more relaxed if time did not have an opportunity cost.
Craig
Sep 23 2023 at 12:37pm
AI to the rescue! There’s a tool out there which will listen to the podcast for you and write time stamped snippet summaries for you. For instance: https://www.youtubesummarized.com/ After which you can then ask Chatty G what to write for you! hehe
Pierre Lemieux
Sep 23 2023 at 1:16pm
Craig: Your first point is interesting. Can you find one that actually does a transcript? That would be more useful: you could find rapidly only what caught your mind, correct any error in the transcription, and do a copy-paste for future reference. But–your second point–if it is true that writing helps one develop and refine one’s ideas, Chatty would be useless.
Craig
Sep 23 2023 at 2:53pm
For transcription just google ‘video transcription’ and various tools will pop up. Not sure how much any of it costs. With respect to the video summaries, I haven’t actually used it directly, I have only seen such summaries in the comments of people essentially marketing the service.
Walt
Sep 23 2023 at 2:02pm
Presuming you have a grasp on the language and, in addition, a true understanding of how to communicate swiftly and clearly, it’s not the writing part that’s hard, it’s the thinking part.
Pierre Lemieux
Sep 23 2023 at 2:17pm
Walt: On that, I agree with Mario:
Walt
Sep 23 2023 at 2:28pm
Oh, I do too. But once you write it down that’s when the REAL thinking begins because what you wrote down at first is an unrefined unchallenged thought, and only when you yourself challenge it, test it and then hone it do you arrive at a clear statement of what (after giving it thought) you think.
Jose Pablo
Sep 23 2023 at 2:16pm
If Dante and Beethoven had not existed, one would not have been in a position to produce the Divina Comedia or the Ninth Symphony by assigning other men to these tasks.
Interesting thought.
Following this, would you think, Bezos, Gates, Musk, Jobs, Zuckerberg, Page&Bring are also genious / artist?
After all, the “The highest intensity of the “demand” and the most peremptory order of the government are ineffectual” part certainly applies to his “creations”
Pierre Lemieux
Sep 23 2023 at 2:45pm
Interesting question, Pablo. They are or were certainly great entrepreneurs (even if one of them may have catered as much to government demand and mandates as to consumer demand). An entrepreneur in Kirzner’s sense is somebody who detects an unsatisfied demand (sometimes even for an unknown good or service) and manages to satisfy it. A Schumpterian entrepreneur uses “creative destruction” in doing so, including in finding more economical production processes. What I have quoted from Mises, as you pointed out, ignores the demand side in the entrepreneur’s activities and divorces the creator à la Howard Roark from the entrepreneur, but there is certainly often an interface. As I mentioned, Mises’s passage is intriguing. Anything I forgot or got wrong?
David Seltzer
Sep 23 2023 at 4:49pm
Pierre: really good stuff here. Saul Bellow, a towering writer himself, was asked by a student how one could become a better writer. He looked at the student with a smile and said; apply the seat of the pants to the seat of the chair and write! When discussing creative genius, I suspect individual exploitation of that gift is paired with genius like ability to work harder than anyone else. Michael Jordan, a physical genius, trained with such intensity, it alienated some of his team mates. The result, of course, was six world championships.
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