Harry Potter: the economics

By Megan McArdle

But there have to be generally accepted rules. Characters can't get out of the predicament the author is sick of by having the car suddenly start running on sand. Similarly, if your characters will be using magic, they must do so by some generally believable system.

Yet in the Potter books, the costs and limits are too often arbitrary. A patronus charm, for example, is awfully difficult - until Rowling wants a stirring scene in which Harry pulls together an intrepid band of students to Fight the Power, whereupon it becomes simple enough to be taught by an inexperienced fifteen year old. Rowling can only do this because it's thoroughly unclear how magic power is acquired. It seems hard to credit academic labour, when spells are one or two words; and anyway, if that were the determinant, Hermione Granger would be a better wizard than Harry. But if it's something akin to athletic skill, why is it taught at rows of desks? And why aren't students worn out after practicing spells?

The low opportunity cost attached to magic spills over into the thoroughly unbelievable wizard economy. Why are the Weasleys poor? Why would any wizard be? Anything they need, except scarce magical objects, can be obtained by ordering a house elf to do it, or casting a spell, or, in a pinch, making objects like dinner, or a house, assemble themselves. Yet the Weasleys are poor not just by wizard standards, but by ours: they lack things like new clothes and textbooks that should be easily obtainable with a few magic words. Why?

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Thanks to Chas Clifton