The importance of constraints

XVI.3 May + June 2009
Page: 27
Digital Citation

FEATUREWhat’s design got to do with the world financial crisis?


Authors:
Elaine Ann

It's a common perception that if you want to make money, you shouldn't become a designer. Instead, head toward investment banking, where annual bonuses are in the millions, certainly more than any designer—or doctor—will make in a lifetime. However, since late 2008 we've seen this world order turn upside down, with major banks collapsing, giant corporations desperately seeking government bailout, and investment bankers by the tens of thousands losing their lucrative jobs. It seems those once high-flying financial careers have almost vanished overnight. For the past six months, we've listened to political leaders around the world argue the need…




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