The Overton Window is a quite well known expression describing the demarcation between political/policy discussion that is and is not acceptable in mainstream discussion. Sometimes what removes your idea from the window is that, whatever policy merit it might have, it would arouse the politically powerful and so ensure that it could only be implemented by democratic politicians with a death wish. This ‘rational’ interpretation of what’s in and outside the window is the one illustrated in most of the illustrations from which I took the one above. But a lot of the demarcation is much more arbitrary than that. It’s often just about what’s getting talked about. <MixedMetaphorAlert>So I have at least one policy horse in the race that’s outside the Overton Window for the classical reason that half a trillion dollars of market capitalisation of banking oligarchs would be seriously inconvenienced by it.</MixedMetaphorAlert> But other policy proposals of mine aren’t like that. They’re typically moderate, low or very low risk with high to very high potential payoffs.
So why aren’t they talked about? Well no reason really. They’re not talked about because they’re not talked about. Well they’re talked about by me. And when I give a presentation on them, people often respond as if they’re positively elevated to hear them. They complement me on how ‘lateral’ they are. Just hearing such ‘out of the box’ thinking makes them feel more innovative. They sometimes say I really should come and give a talk to their whole management group or some subset of it. They sometimes, though much more rarely, make that happen. And then they get back to their in-tray.
When I was working for the Business Council of Australia I once tried to sell independent fiscal policy to Australian Democrat Treasury spokesperson Andrew Murray. After my presentation he was very complimentary and asked if I couldn’t perhaps get anyone really important to publicly endorse the idea. It’s a reasonable question from him, as a person with limited expertise and resources at his command he needed to protect himself against crank proposals or proposals that earned him the ire of the powerful. I suggest he ask Ross Garnaut what he thought of the idea, but in the end Senator Murray just got back to his in-tray. And somehow most of the gatekeepers to the Overton Window don’t see it as their role to widen it in helpful ways.
They all get greater kudos for entertaining more mainstream thoughts, like “how soon should we balance the budget?”, “do we need more workplace flexibility?” or “will the RBA cut cash rates at it’s next meeting?” or that perennial “what’s the outlook for
the Hawks next week the economy and how does [insert important person/institution] think it will go?”. Another fave is “how can we get back to the glory days of productivity growth?” (so long as it’s a well understood answer – like “more micro-economic reform” – which will be just like what we already know from the glory days of reform).
Those ‘out of the box’ the ideas I’ve sketched out often arise from a little reframing of an issue. So they’re not answers to well known questions – which very often come in the form of “should we spend more or less money on” or “should we tax this or that activity more?” complete with a quick cross to the interest groups who can be relied upon to slip into the trenches lobbing soundbites back and forth across the terrain of interests and ideologies. Continue reading