To help me understand the complexity of our economic crisis, I decided to search for information from the past that might have contributed to the current set of events. The Celestial Economic Sphere, DataViz for the Finance Biz, Truthin...
is the title of the post (long) that I wrote in response to the economic crisis.
As I dug up material for my post, it occurred to me that an interactive timeline might be a good way of representing what I wanted to cover. The New York Times was a treasure trove of information and I found links to resources that I have not yet explored.
In my post, I included a video clip from the movie Wall Street, from 1987, featuring Michael Douglas playing the role of Gordon Gekke giving his "Greed is Good" speech. I found a picture of President Reagan with his chart as he introduced his Reaganomics concepts. I found charts of the fall of the stock market from October 19th, 1987, otherwise known as Black Monday. I also included a September 11, 2008 panel discussion of economic experts on the Charlie Rose show.
The most interesting thing I found was created in 1998. It was a representation of stock market transactions around the world, in real-time, using stars in a planetarium. Known as the Black Shoals Stock Market Planetarium (also the Celestial Economic Sphere), it used a genetic algorithm to account for different variables. Although the project was initially developed as a parody in response to a significant drop in the UK's FTSE 100 that impacted the global market, the visualization it provided gives us a sense of the interconnectedness and complexity of the world's economy.
I'd be interested in hearing from anyone who has worked on an interactive timeline or has interest in working on a time-line project. I would like the time-line to show how economic events are related to many different disciplines, regions, and decisions/policies.