My Choice for Person of the Year: Lin-Manuel Miranda

hamiltonwalking

by scott pickard

My choice for a “2016 Person of the Year” is Lin-Manuel Miranda, who came out of the blue to produce, direct, and star in Hamilton which is quickly becoming one of the most successful musicals ever created.

Why Hamilton? And why Miranda? It is not just because it is a massive hit that is entertaining as hell, but it is because the musical and the man are inspiring us and teaching on so many levels:

Hamilton makes us sing.
Hamilton makes us dance.
Hamilton makes us laugh.
Hamilton makes us cry.
Hamilton makes us think!!

Hamilton is a tour de force experience that enlightens us, challenges us, provokes us, and wrings us dry of energy and emotion by the end of a performance. So it is no wonder that Miranda’s Hamilton is shattering records for the number of awards received and tickets sold. It is on a path to be a $billion+ artistic/entertainment enterprise that is touching and positively impacting (and this is very important) millions of people, young to old, around the world.

Hamilton as a creative product that deserves to be studied by those people who study such things. The musical is a who-knew fusion of history and hip-hop and dance and narrative at the right time, in the right way that has, in the parlance of innovation science, become a “breakthrough.”

Joseph Schumpeter wrote about “creative destruction,” which is what we observe when new innovations obsolete the incumbent technology/systems almost overnight, and in so doing create a new paradigm. Hamilton has broken some traditional rules of Broadway and created new rules which will inspire a fresh wave of creative innovators.

Haven’t we all daydreamed about creating our own breakthrough? We, people of earth, are all hard-wired to design, create, and build. We all can unleash that potential within us when we turn off the TV, turn off the “smart” phone, and sit quietly on the couch doodling and massaging ideas in our head. When you immerse yourself in the thinking flow, you can feel it (like browsing through a bookstore), and it feels good. Hamilton is exciting people all over the world to go do their creative thing.

hamiltonworking

But to chase and follow through on a crazy idea, it sometimes requires taking a flying leap-of-faith risk to make it happen. Unfortunately, most of us can’t quit our day jobs and because of family obligations or our own too big to fail situation, we step away from the risk and the creative moment is lost.

Is that you out there?

How many things can we point to this year that have lifted millions of people up, and up, and up even higher in 2016? In contrast, we have been saturated in a political season that has been a regrettable demonstration of the strategic power of negativity — the dark side of the force. In this dystrumpian, reality TV, pundit-overloaded world we now live in, we need more Hamiltonesque positivity to counterbalance the negativity of all the talking heads.

Lin-Manuel Miranda, you’ve got my vote!

sp

 

History


Fourth Industrial Revolution

Human Society Production and Utilization of Wealth  Are we on the cusp of a Fourth Industrial Revolution?  Will it be a force for good or evil?  Will it provide new opportunities for all, or will it exacerbate inequalities? Davos ‘16 > Randomness/unintended Economic Theory and Systems Economic Theory: index of economic freedom Economic Systems Historical development of economic systems Capitalism Centrally-planned systems Appraising economic systems The Consumer and the Market Scarcity, utility, and value: behavioral economics: | Valuation Consumer behavior: Buying Decisions | inelasticity Markets: markets hate uncertainty Price system in capitalist economies Organization of Production and Distribution Organization of the production of goods Marketing and Merchandising Inputs of the productive process Institutions that facilitate business formation, production, output Money Currency & Exchange Stock exchanges: AI Banks International: Bank for International Settlements BIS economic statistics business organization stock markets: Volatility Index (VIX) fear index Agricultural economics International trade Government’s role in production & distribution: privatization Methods of business organization Advertising & Promotion Distribution of risk Consumer credit: Don’t use a credit card for a loan sp Distribution of Income and Wealth the rich get richer and the poor get poorer Matthew Effect Distribution by categories of the population: Forbes 400 | gini coefficient How government affects the distribution Capitalism Taxation Laffer Curve postulates that no tax revenue will be raised at the extreme tax rates of 0% and 100% and that there must be at least one rate where tax revenue would be a non-zero maximum. Poverty Macroeconomics National income and employment theory misery index unemployment: U3 and U6 Intl. equilibrium and disequilibrium Business cycles Inflation and deflation key indicators: monetary velocity Economic Growth and Planning Nature and causes of economic growth Planning for economic growth and stability Government Finance Growth  books, forums, journals: innovation: The Fourth Industrial Revolution Schwab | behavioral: Misbehaving Thaler | Capital in the Twenty-First Century Piketty big ideas | Stealth of Nations by Neuwirth | The Mystery of Capital De Soto | The Wealth of Nations Smith | Wall Street Journal | World Economic Forum Davos

Davos 2016: Fourth Industrial Revolution