Are Romantic Comedies About Love or Money?

Posted on November 9, 2014 at 8:00 am

I really enjoyed this essay by Meredith Haggerty at Medium about the way that romantic comedies have dealt with money issues through the years. Of course, all movies reflect the economic environment of their eras — the eras in which they are made as much as the eras they are depicting. The most astute reviews of “Magic Mike” noted that it was as much about the recession economy as it was about male strippers.

I recently watched a few episodes of a late 1980’s romantic comedy and was amused by the many elements of the storyline that were as radically different from today’s world as the awful 80’s clothes and hairstyles. There were plenty of jobs available in journalism, for one thing. Airplane travel was very different. Though they had small, primitive computers, this was long before Google and Wikipedia, so when asked a research question, the characters still looked in books for the answer.

Haggerty compares the heiress and the commoner era of the Depression (“Bringing Up Baby,” “My Man Godfrey”) with the Meg Ryan era (“Sleepless in Seattle,” “You’ve Got Mail”) and the “Recession Romances” of films like “Obvious Child” and “Enough Said.” I love this graphic from Mark Nerys.

Copyright 2014 Mark Nerys
Copyright 2014 Mark Nerys
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Did Board Games Cause the Financial Meltdown?

Posted on June 18, 2009 at 8:00 am

The Big Money has an interesting — and thought-provoking — slide show suggesting that the roots of the financial crisis come from the lessons we learned as children playing board games. Just look at these directions from Monopoly:

Monopoly has taught us that financial institutions are invincible. The game’s banker cannot go bankrupt, according to the rules: “The Bank never ‘goes broke.’ If the Bank runs out of money, the Banker may issue as much as needed by writing on any ordinary paper.

“The Game of Life” and “Payday” encourage players to buy houses even without money and make deals with or without money and “Risk” encourages them to conquer the world. Fantasy? Well, so were the high-tech and subprime derivative bubbles. I know they are joking here, but it does make me wonder what kinds of games we should create to teach today’s children to be more careful?

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Understanding Media and Pop Culture

Explaining Economic Issues

Posted on August 31, 2008 at 12:52 pm

My selection of David Copperfield as the book to best help people understand the current economic situation is included in this Washington Post round-up of recommended books by people with a background in business, economics, or finance.
All of the suggestions are worthwhile, including classics like Extraordinary Popular Delusions and the Madness of Crowds and up-to-the minute assessments like The Subprime Solution: How Today’s Global Financial Crisis Happened, and What to Do about It.
If they had allowed me to recommend a movie, I would have suggested I.O.U.S.A., Enron: The Smartest Guys in the Room, The Corporation, “Maxed Out,” and “The Solid Gold Cadillac,” all of which should be shown to every high school and college student and every person eligible to vote before they are allowed to see the next big blockbuster.

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