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	<title>Constrained Bliss Point &#187; Awesome Foundation</title>
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	<link>http://www.constrainedblisspoint.com</link>
	<description>where the social welfare function meets the grand utility possibilities frontier</description>
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		<title>Awesome Foundation</title>
		<link>http://www.constrainedblisspoint.com/2009/07/awesome-foundation/</link>
		<comments>http://www.constrainedblisspoint.com/2009/07/awesome-foundation/#comments</comments>
		<pubDate>Mon, 20 Jul 2009 10:00:11 +0000</pubDate>
		<dc:creator>ftobia</dc:creator>
				<category><![CDATA[Happenings]]></category>
		<category><![CDATA[awesome]]></category>
		<category><![CDATA[Awesome Foundation]]></category>
		<category><![CDATA[awesomeness]]></category>
		<category><![CDATA[externalities]]></category>
		<category><![CDATA[positive externalities]]></category>
		<category><![CDATA[Tim Hwang]]></category>

		<guid isPermaLink="false">http://www.constrainedblisspoint.com/?p=240</guid>
		<description><![CDATA[Another brainchild of the eminent Tim Hwang, the Awesome Foundation for Arts and Sciences is accepting micro-applications for awesome ideas. They&#8217;ll hang out a micro-grant of ~$1k once a month to the most awesome idea they get.
So, what is awesome? I&#8217;m not sure exactly either, but I know it when I see it. Whatever it [...]]]></description>
			<content:encoded><![CDATA[<p>Another brainchild of the eminent <a href="http://en.wikipedia.org/wiki/Tim_Hwang">Tim Hwang</a>, the <a href="http://awesomefoundation.org/">Awesome Foundation for Arts and Sciences</a> is accepting micro-applications for awesome ideas. They&#8217;ll hang out a micro-grant of ~$1k once a month to the most awesome idea they get.</p>
<p>So, what is awesome? I&#8217;m not sure exactly either, but <a href="http://en.wikipedia.org/wiki/I_know_it_when_I_see_it">I know it when I see it</a>. Whatever it is, I agree that we need to subsidize the production of awesome, since it should go without saying that awesome has significant positive externalities. (<a href="http://www.masshightech.com/stories/2009/07/13/daily42-Awesome-Foundation-attracts-small-project-entrepreneurs.html">Jon Pierce compares it</a> to the broken windows theory in reverse.)</p>
<p>The Awesome Foundation itself is an awesome idea (does that make it meta-awesome?). I for one am looking forward to seeing what comes out of it. And in the back of my mind I&#8217;ll be mulling over their subtle call to action: &#8220;We&#8217;d also be happy to help others start an awesome foundation in their location.&#8221; I wonder how much awesomeness exists in DC.</p>
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