Today in History: Oct. 3

Alfred Hitchcock is credited with coining the term “MacGuffin,” but not the thing itself, which has been around since people started telling stories to each other. In spy movies and thrillers, a MacGuffin is the object that sets the plot of the movie in motion; it’s usually a something people desire that the hero and his nemeses pursue, and that pursuit provides the film’s plot. The specific nature and form of the MacGuffin is usually unimportant to the overall plot. In plot terms, but not theological ones, the apple in Genesis is a MacGuffin.

In The Maltese Falcon, which made its debut in American movie theaters 75 years ago today, Mary Astor’s character Brigid O’Shaughnessy asks Sam Spade (Humphrey Bogart) if he would (be doing what he is about to do) if (money had possibly been acquired). (How’s that for avoiding a spoiler?)

The Maltese falcon, a jewel-encrusted treasure of centuries past, or not, is an innocent bystander for the entire movie. It sure looks valuable, looks like it is worth multiple lives, double- and triple-cheating, the sacrifice of love both real and pretend. As Det. Polhaus says as he lifts it, in the second-to-last line, it sure is, “heavy. What is it?” Sam Spade replies, and this is no spoiler even though it is the final line, “The, uh, stuff that dreams are made of.”
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‘Higgling, Haggling …’

The title is a part of Adam Smith‘s description of the flaws inherent in any system of bartering: Once two parties have actually agreed to negotiate a swap of items or services, which is easier described than accomplished, how long will it take to negotiate value or price? Is my horse worth the same as your horse? Why do you think so? You must be hiding some detail. You must be trying to foist a sickly ill nag on me to ride off with my healthy animal. How dare you …

If one party thinks the other is out to cheat him—even if the other party is not out to cheat—he will over sell with the intent to make a profit. Further, if the other party also thinks he is about to be cheated, both parties will attempt to cheat each other in order to think they are protecting themselves. Hence Smith’s description of barter as “higgling, haggling, swapping, dickering.” The two bartering parties run the risk of spending the entire day in fickle negotiation rather than in work.
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Today in History: Oct. 2

The palm at the end of the mind,
Beyond the last thought, rises
In the bronze decor,
 
A gold-feathered bird
Sings in the palm, without human meaning,
Without human feeling, a foreign song.
 
You know then that it is not the reason
That makes us happy or unhappy.
The bird sings. Its feathers shine.
 
The palm stands on the edge of space.
The wind moves slowly in the branches.
The bird’s fire-fangled feathers dangle down.
—Wallace Stevens, “Of Mere Being,” Opus Posthumous

Wallace Stevens (above) was born on this date in 1879.
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