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January 24, 2010

"Better to Be Socrates Dissatisfied than a Fool Satisfied"



(p. 10) Happiness is, . . . , a complex concept and difficult to measure, and John Stuart Mill had a point when he suggested: "It is better to be a human being dissatisfied than a pig satisfied; better to be Socrates dissatisfied than a fool satisfied."



For the full commentary, see:

NICHOLAS D. KRISTOF. "Our Basic Human Pleasures: Food, Sex and Giving." The New York Times, Week in Review Section (Sun.., January 16, 2010): 10.

(Note: the online version of the article is dated January 16, 2010.)

(Note: ellipsis added.)






January 14, 2010

For 30 Years "Poincaré's Elegant Math Prevailed Over Boltzmann's Practical Findings"



(p. 182) . . . , Poincaré's elegant math prevailed over Boltzrnann's practical findings. For some thirty years, Boltzmann struggled to get his ideas across. But he failed. He had the word, but he could not find a way to gain its acceptance in the world. For long decades, the establishment held firm.

So in the year 1906, Poincaré became president of the French (p. 183) Académie des Sciences and Boltzmann committed suicide. As Mead debatably puts it, "Boltzmann died because of Poincaré." At least, as Boltzmann's friends attest, this pioneer of the modem era killed himself in an apparent fit of despair, deepened by the widespread official resistance to his views.

He died, however, at the very historic moment when all over Europe physicists were preparing to vindicate the Boltzmann vision. He died just before the findings of Max Planck, largely derived from Boltzmann's probability concepts, finally gained widespread acceptance. He died several months after an obscure twenty-one-year-old student in Geneva named Albert Einstein used his theories in proving the existence of the atom and demonstrating the particle nature of light. In retrospect, Boltzmann can be seen as a near-tragic protagonist in the greatest intellectual drama of the twentieth century: the overthrow of matter.



Source:

Gilder, George. Microcosm: The Quantum Revolution in Economics and Technology. Paperback ed. New York: Touchstone, 1990.

(Note: ellipsis added.)





November 28, 2009

Nationalizing Health Care: Communists Seized Pharmacy Owned By Ayn Rand's Father



AynRandBooksBK.jpgSource of book images: online version of the NYT review quoted and cited below.



(p. C6) Ayn Rand poses theatrically in her signature cape and gold dollar-sign pin on the cover of a groundbreaking new biography. Rand also poses theatrically in this same Halloween-ready costume (Rand impersonators have been known to wear it) on the cover of another groundbreaking new biography. The two books are being published a week apart. And both have gray covers that make them look even more interchangeable. Yet Rand, whose Objectivist philosophy is enjoying one of its periodic resurgences, loathed the very idea of grayness. She preferred dichotomies that were strictly black and white.


. . .


Ms. Heller's book is worth its $35 price, which is not the kind of detail that Rand herself would have been shy about trumpeting. When Russian Bolshevik soldiers commandeered and closed the St. Petersburg pharmacy run by Zinovy Rosenbaum, they made a lifelong capitalist of his 12-year-old daughter, Alissa, who would wind up fusing the subversive power of the Russian political novel with glittering Hollywood-fueled visions of the American dream.


. . .


Crucially, both authors understand the reasons that Rand's popularity has endured, not only among college students dazzled (and thronged into packs) by her triumphant individualism but also by entrepreneurs. From the young Ted Turner, who rented billboards to promote the "Who is John Galt?" slogan from "Atlas Shrugged," to the founders of Craigslist and Wikipedia, who have found self-contradictory new ways to mix populism with individual enterprise, it is clear that (in Ms. Burns's words) "reports of Ayn Rand's death are greatly exaggerated."



For the full review, see:

JANET MASLIN. "Books of The Times; Twin Biographies of a Singular Woman, Ayn Rand." The New York Times (Thurs., October 21, 2009): C6.

(Note: ellipses added.)





November 19, 2009

Legitimacy of Capitalism Rests on Rich Earning their Wealth



ZingalesLuigi2009-11-08.jpg











Luigi Zingales, Robert C. McCormack Professor of Entrepreneurship and Finance at the University of Chicago. Source of photo and information in caption: http://faculty.chicagobooth.edu/luigi.zingales/research/date.html.



(p. A21) Luigi Zingales points out that the legitimacy of American capitalism has rested on the fact that many people, like Warren Buffett and Bill Gates, got rich on the basis of what they did, not on the basis of government connections. But over the years, business and government have become more intertwined. The results have been bad for both capitalism and government. The banks' growing political clout led to the rule changes that helped create the financial crisis.



For the full commentary, see:

DAVID BROOKS. "The Bloody Crossroads." The New York Times (Tues., September 8, 2009): A21.

(Note: the online version of the commentary is dated Sept. 7.)


The reference for the Zingales article is:

Zingales, Luigi. "Capitalism after the Crisis." National Affairs, no. 1 (Fall 2009): 22-35.





October 20, 2009

Scientist Huxley: "The Great End of Life is Not Knowledge But Action"



John Barry calls our attention to the views of Thomas Huxley who gave the keynote address at the founding of the Johns Hopkins University:


(p. 13) A brilliant scientist, later president of the Royal Society, he advised investigators, "Sit down before a fact as a little child, be prepared to give up every preconceived notion. Follow humbly wherever and to whatever abysses nature leads, or you shall learn nothing." He also believed that learning had purpose, stating, "The great end of life is not knowledge but action."



Source:

Barry, John M. The Great Influenza: The Story of the Deadliest Pandemic in History. Revised ed. New York: Penguin Books, 2005.

(Note: from the context in Barry, I am not certain whether the Huxley quotes are from the keynote address, or from elsewhere in Huxley's writings.)





July 25, 2009

The Epistemological Implications of Wikipedia



WikipediaRevolutionBK.jpg














Source of book image: online version of the WSJ review quoted and cited below.




I think the crucial feature of Wikipedia is in its being quick (what "wiki" means in Hawaiian), rather than in its current open source model. Academic knowledge arises in a slow, vetted process. Publication depends on refereeing and revision. On Wikipedia (and the web more generally) knowledge is posted first, and corrected later.

In the actual fact, Wikipedia's coverage is vast, and its accuracy is high.

I speculate that Wikipedia provides clues to developing new, faster, more efficient knowledge generating institutions.

(Chris Anderson has a nice discussion of Wikipedia in The Long Tail, starting on p. 65.)


(p. A13) Until just a couple of years ago, the largest reference work ever published was something called the Yongle Encyclopedia. A vast project consisting of thousands of volumes, it brought together the knowledge of some 2,000 scholars and was published, in China, in 1408. Roughly 600 years later, Wikipedia surpassed its size and scope with fewer than 25 employees and no official editor.

In "The Wikipedia Revolution," Andrew Lih, a new-media academic and former Wikipedia insider, tells the story of how a free, Web-based encyclopedia -- edited by its user base and overseen by a small group of dedicated volunteers -- came to be so large and so popular, to the point of overshadowing the Encyclopedia Britannica and many other classic reference works. As Mr. Lih makes clear, it wasn't Wikipedia that finished off print encyclopedias; it was the proliferation of the personal computer itself.


. . .


By 2000, both Britannica and Microsoft had subscription-based online encyclopedias. But by then Jimmy Wales, a former options trader in Chicago, was already at work on what he called "Nupedia" -- an "open source, collaborative encyclopedia, using volunteers on the Internet." Mr. Wales hoped that his project, without subscribers, would generate its revenue by selling advertising. Nupedia was not an immediate success. What turned it around was its conversion from a conventionally edited document into a wiki (Hawaiian for "fast") -- that is, a site that allowed anyone browsing it to edit its pages or contribute to its content. Wikipedia was born.

The site grew quickly. By 2003, according to Mr. Lih, "the English edition had more than 100,000 articles, putting it on par with commercial online encyclopedias. It was clear Wikipedia had joined the big leagues." Plans to sell advertising, though, fell through: The user community -- Wikipedia's core constituency -- objected to the whole idea of the site being used for commercial purposes. Thus Wikipedia came to be run as a not-for-profit foundation, funded through donations.


. . .


It is clear by the end of "The Wikipedia Revolution" that the site, for all its faults, stands as an extraordinary demonstration of the power of the open-source content model and of the supremacy of search traffic. Mr. Lih observes that when "dominant encyclopedias" were still hiding behind "paid fire walls" -- and some still are -- Wikipedia was freely available and thus easily crawled by search engines. Not surprisingly, more than half of Wikipedia's traffic comes from Google.



For the full review, see:

JEREMY PHILIPS. "Business Bookshelf; Everybody Knows Everything." Wall Street Journal (Weds., March 18, 2009): A13.

(Note: ellipses added.)


The book being reviewed, is:

Lih, Andrew. The Wikipedia Revolution: How a Bunch of Nobodies Created the World's Greatest Encyclopedia. New York: Hyperion, 2009.





July 1, 2009

RIP Marjorie Grene, Who Helped Polanyi with Personal Knowledge



GreneMarjorie2009-06-10.jpg











"Marjorie Grene in 2003." Source of photo and caption: online version of the NYT obituary quoted and cited below.



The NYT reported, in the obituary quoted below, that philosopher Marjorie Grene died on March 16, 2009, at the age of 93.

Although I studied philosophy at the University of Chicago, my time there did not overlap with Marjorie Grene's and I don't believe that I ever met her, or ever even heard her speak (though I did occasionally walk past her former husband David Grene, on my way to talk to Stephen Toulmin).

I am increasingly appreciating Michael Polanyi's book Personal Knowledge in which he introduced his view of what he called "tacit knowledge." In particular, I am coming to believe that tacit knowledge is very important in understanding the role and importance of the entrepreneur.

So if Marjorie Grene was crucial to Personal Knowledge, as is indicated in the obituary quoted below, then she is deserving of serious consideration, and high regard.


(p. 23) In Chicago, she had met Michael Polanyi, a distinguished physical chemist turned philosopher; she ended up helping him research and develop his important book "Personal Knowledge" (1958). The book proposed a far more nuanced, personal idea of knowledge, and directly addressed approaches to science.

"There is hardly a page that has not benefited from her criticism," Dr. Polanyi wrote in his acknowledgments. "She has a share in anything I may have achieved here."


. . .


Her sense of humor sparkled when she was asked about being the first woman to have an edition of the Library of Living Philosophers devoted to her -- Volume 29 in 2002. Previous honorees included Bertrand Russell and Einstein. "I thought they must be looking desperately for a woman," Dr. Grene said.



For the full obituary, see:

DOUGLAS MARTIN. "Marjorie Grene, a Leading Philosopher of Biology, Is Dead at 98." The New York Times, First Section (Sun., March 29, 2009): 23.

(Note: ellipsis added.)


The reference for the Polanyi book, is:

Polanyi, Michael. Personal Knowledge: Towards a Post-Critical Philosophy. Chicago: University Of Chicago Press, 1958.





June 6, 2009

The Ascent of Science Led to Belief that the World Could Improve



I believe the following paragraph expresses the central message of Steven Johnson's book The Invention of Air:

(p. 211) In the popular folklore of American History, there is a sense in which the founders' various achievements in natural philosophy---Franklin's electrical experiments, Jefferson's botany---serve as a (p. 212) kind of sanctified extracurricular activity. They were statesmen and political visionaries who just happened to be hobbyists in science, albeit amazingly successful ones. Their great passions were liberty and freedom and democracy; the experiments were a side project. But the Priestley view suggests that the story has it backward. Yes, they were hobbyists and amateurs at natural philosophy, but so were all the great minds of Enlightenment-era science. What they shared was a fundamental belief that the world could change---that it could improve--- if the light of reason was allowed to shine upon it. And that believe emanated from the great ascent of science over the past century, the upward trajectory that Priestley had s powerfully conveyed in his History and Present State of Electricity. The political possibilities for change were modeled after the change they had all experience through the advancements in natural philosophy. With Priestley, they grasped the political power of the air pump and the electrical machine.


Source:

Johnson, Steven. The Invention of Air: A Story of Science, Faith, Revolution, and the Birth of America. New York: Riverhead Books, 2008.

(Note: italics in original.)





June 2, 2009

Adams, as a Point of Honor, Defended the Innovations of Science



(p. 211) It is no accident that, despite the long litany of injuries Adams felt had been dealt him in Jefferson's letters to Priestley, he chose to begin his counterassault by denying, as a point of honor, that he had ever publicly taken a position as president that was resistant to the innovations of science. Remember that Jefferson had also insinuated that Adams had betrayed the Constitution with his "libel on legislation." But Adams lashed out first at the accusation that he was anti-science. That alone tells us something about the gap that separates the current political climate from that of the founders.


Source:

Johnson, Steven. The Invention of Air: A Story of Science, Faith, Revolution, and the Birth of America. New York: Riverhead Books, 2008.





May 29, 2009

"The American Experiment Was, Literally, an Experiment"



(p. 199) This is politics seen through the eyes of an Enlightened rationalist. The American experiment was, literally, an experiment, like one of Priestley's elaborate concoctions in the Fair Hill lab: a system of causes and effects, checks and balances, that could only be truly tested by running the experiment with live subjects. The political order was to be celebrated not because it had the force of law, or divine right, or a standing army behind it. Its strength came from its internal balance, or homeostasis, its ability to rein in and subdue efforts to destabilize it.


Source:

Johnson, Steven. The Invention of Air: A Story of Science, Faith, Revolution, and the Birth of America. New York: Riverhead Books, 2008.





May 25, 2009

In the United States "Innovation" Became a Positive Word



(p. 198) "All advances in science were proscribed as innovations." Jefferson is using the older, negative sense of the word "innovation" here: a new development that threatened the existing order in a detrimental way. (The change in the valence of the word over the next century is one measure of society's shifting relationship to progress.) But that regressive age was now over, and Priestley--the most forward-thinking mind of his generation--could now consider himself fully at home:

Our countrymen have recovered from the alarm into which art and industry had thrown them: science and honesty are replaced on their high ground, and you, my dear Sir, as their great apostle, are on its pinnacle. It is with heartfelt satisfaction that in the first moments of my public action, I can hail you with welcome to our land, tender to you the homage of its respect and esteem, cover you under the protection of those laws which were made for the wise and good like you, and disdain the legitimacy of that libel on legislation which under the form of a law was for some time placed among them.


Perhaps inspired by the legendary optimism of Priestley himself, Jefferson then added some of the most stirringly hopeful words that he ever put to paper:

(p. 199) As the storm is now subsiding, and the horizon becoming serene, it is pleasant to consider the phenomenon with attention. We can no longer say there is nothing new under the sun. For this whole chapter in the history of man is new. The great extent of our Republic is new. Its sparse habitation is new. The mighty wave of public opinion which has rolled over it is new. But the most pleasing novelty is, it's so quietly subsiding over such an extent of surface to its true level again. The order and good sense displayed in this recovery from delusion, and in the momentous crisis which lately arose, really bespeak a strength of character in our nation which augurs well for the duration of our Republic; and I am much better satisfied now of it's stability than I was before it was tried.


Source:

Johnson, Steven. The Invention of Air: A Story of Science, Faith, Revolution, and the Birth of America. New York: Riverhead Books, 2008.





May 21, 2009

Mary Priestley Praises the Middle Class



(p. 86) Joseph and Mary had not exactly entered English high society, but for the first time in their lives, they were down the hall from it. Mary was largely unimpressed by her firsthand view of the upper classes. One story has Shelburne arriving to welcome them at their new house in Calne, and finding Mary on a ladder, industriously papering the walls. Joseph apologized for their not providing a more gracious welcome, but Mary quickly dismissed her husband's proprieties. "Lord Shelburne is a statesman," she said, "and knows that people are best employed in doing their duty." Later she would observe candidly to (p. 87) Shelburne, "I find the conduct of the upper so exactly like that of the lower classes that I am thankful I was born in the middle."


Source:

Johnson, Steven. The Invention of Air: A Story of Science, Faith, Revolution, and the Birth of America. New York: Riverhead Books, 2008.





May 19, 2009

Bacon Died Experimenting and Hegel Died Contradicting Himself



(p. C32) The philosopher Francis Bacon, that great champion of the empirical method, died of his own philosophy: in an effort to observe the effects of refrigeration, on a freezing cold day he stuffed a chicken with snow and caught pneumonia.

As a philosopher dies, so he has lived and believed. And from the manner of his dying we can understand his thinking, or so the philosopher Simon Critchley seems to be saying in his cheekily titled "Book of Dead Philosophers."

. . .

Mr. Critchley recounts that Voltaire, after decades of denouncing the Roman Catholic Church, announced on his deathbed that he wanted to die a Catholic. But the shocked parish priest kept asking him, "Do you believe in the divinity of Christ?" Voltaire begged, "In the name of God, Monsieur, don't speak to me any more of that man and let me die in peace."

Hegel, who, as much as any philosopher, Mr. Critchley says, saw philosophy as an abstraction, while he was dying of cholera, moaned, "Only one man ever understood me ... and he didn't understand me."




For the full review, see:

DINITIA SMITH. "Books of The Times - Dying and Death: When You Sort It Out, What's It All About, Diogenes?" The New York Times (Fri., January 30, 2009): C32.

(Note: ellipsis between paragraphs was added; ellipsis in Hegel quote was in original.)


The reference to Critchley's book, is:

Critchley, Simon. The Book of Dead Philosophers. New York: Vintage Books, 2009.





May 17, 2009

Joe Biden's "First Principle of Life": "Get Up!"



(p. xxii) To me this is the first principle of life, the foundational principle, and a lesson you can't learn at the feet of any wise man: Get up! The art of living is simply getting up after you've been knocked down. It's a lesson taught by example and learned in the doing. I got that lesson every day while growing up in a nondescript split-level house in the suburbs of Wilmington, Delaware. My dad, Joseph Robinette Biden Sr., was a man of few words. What I learned from him. I learned from watching. He'd been knocked down hard as a young man, lost something he knew he could never get back. But he never stopped trying. He was the first one up in our house every morning, clean-shaven, elegantly dressed, putting on the coffee, getting ready to go to the car dealership, to a job he never really liked. My brother Jim said most mornings he could hear our dad singing in the kitchen. My dad had grace. He never, ever gave up, and he never complained. The world doesn't owe you a living, Joey," he used to say, but without rancor. He had no time for self-pity. He didn't judge a man by how many times he got knocked down but by how fast he got up.

Get up! That was his phrase, and it has echoed through my life. The world dropped you on your head? My dad would say, Get up! You're lying in bed feeling sorry for yourself? Get up! You got knocked on your ass on the football field? Get up! Bad grade? Get up! The girl's parents won't let her go out with a Catholic boy? Get up!



Source:

Biden, Joe. Promises to Keep: On Life and Politics. New York: Random House, 2007.

(Note: the italics in the quoted passage are in the original.)





April 21, 2009

An Intellectual Collaboration Beyond the Grave



There is something touchingly noble in this:

(p. 11) There is no direct evidence in the historical record, but it is entirely probable that it was the waterspout sighting that sent Priestley off on his quest to measure the temperature of the sea, trying to marshal supporting evidence for a passing conjecture his friend had made a decade before. Franklin had been dead for nearly four years, but their intellectual collaboration continued, undeterred by war, distance, even death.


Source:

Johnson, Steven. The Invention of Air: A Story of Science, Faith, Revolution, and the Birth of America. New York: Riverhead Books, 2008.





April 19, 2009

Why Disney Was a Better Artist than Picasso



CreatorsFromChaucerAndDurerToPicassoAndDisneyBK.jpg

















Source of book image: http://ebooks-imgs.connect.com/ebooks/product/400/000/000/000/000/035/806/400000000000000035806_s4.jpg



(p. 275) The popularity of the creative arts, and the influence they exert, will depend ultimately on their quality and allure, on the delight and excitement they generate, and on demotic choices. Picasso set his faith against nature, and burrowed within himself. Disney worked with nature, stylizing it, anthropomorphizing it, and surrealizing it, but ultimately reinforcing it. That is why his ideas form so many powerful palimpsests in the visual vocabulary of the world in the early twenty-first century, and will continue to shine through, while the ideas of Picasso, powerful though they were for much of the twentieth century, will gradually fade and seem outmoded, as representational art returns to favor. In the end nature is the strongest force of all.



Source:

Johnson, Paul M. Creators: From Chaucer and Durer to Picasso and Disney. New York: HarperCollins, 2006.

(Note: I am grateful to John Devereux for telling me about Paul Johnson's views on Picasso and Disney.)





April 14, 2009

Steven Johnson's The Invention of Air



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Source of book image: http://stevenberlinjohnson.typepad.com/photos/uncategorized/2008/09/10/invention_final_81908.jpg


Steven Johnson's The Ghost Map, about the determined entrepreneurial detective work that uncovered the cause of cholera, is one of my all-time favorite books, so I am now in the mode of reading everything else that Steven Johnson has written, or will write.

The most recent book, The Invention of Air, is not as spectacular as The Ghost Map, but is well-written on a thought-provoking topic. It focuses on Joseph Priestley's role in the American Revolution. Priestley is best known as an early chemist, but Johnson paints him as a poly-math whose science was of a piece with his philosophy, politics and his religion.

Johnson's broader point is that for many of the founding fathers, science was not a compartment of their lives, but part of the whole cloth (hey, it's my blog, so I can mix as many metaphors as I want to).

And the neat bottom line is that Priestley's method of science (and polity) is the same broadly empirical/experimental/entrepreneurial method that usually leads to truth and progress.

Along the way, Johnson makes many amusing and thought-provoking observations, such as the paragraphs devoted to his coffee-house theory of the enlightenment. (You see, coffee makes for clearer thinking than beer.)


The book:

Johnson, Steven. The Invention of Air: A Story of Science, Faith, Revolution, and the Birth of America. New York: Riverhead Books, 2008.






April 9, 2009

How Ayn Rand Matters Today


(p. A7) Ayn Rand died more than a quarter of a century ago, yet her name appears regularly in discussions of our current economic turmoil. Pundits including Rush Limbaugh and Rick Santelli urge listeners to read her books, and her magnum opus, "Atlas Shrugged," is selling at a faster rate today than at any time during its 51-year history.


. . .


Rand . . . noted that only an ethic of rational selfishness can justify the pursuit of profit that is the basis of capitalism -- and that so long as self-interest is tainted by moral suspicion, the profit motive will continue to take the rap for every imaginable (or imagined) social ill and economic disaster. Just look how our present crisis has been attributed to the free market instead of government intervention -- and how proposed solutions inevitably involve yet more government intervention to rein in the pursuit of self-interest.

Rand offered us a way out -- to fight for a morality of rational self-interest, and for capitalism, the system which is its expression. And that is the source of her relevance today.



For the full commentary, see:

YARON BROOK. "Is Rand Relevant?" Wall Street Journal (Sat., MARCH 14, 2009): A7.

(Note: ellipses added.)





March 21, 2009

The Values of the Belgian Diamond Market


DiamondTradeOrthodoxJews.JPG "Orthodox Jews have been at the center of Antwerp's diamond trade since the late 19th century, when they fled Eastern Europe." Source of the caption and photo: online version of the NYT article quoted and cited below.


Markets will work better when a critical mass of participants hold certain core values, including those of tolerance and honesty.

(p. A11) ANTWERP, Belgium -- Teetering on their bicycles or strolling amiably while chattering into cellphones in Yiddish, Dutch, French, Hebrew or English, the Orthodox Jews of this Belgian port city have set the tone of its lively diamond market for more than a century.

Hoveniersstraat, or Gardener's Street, is the backbone of the market, where four-fifths of the world's uncut diamonds are traded. It winds past the L & A Jewelry Factory and the office of Brinks, the armored car company, and on to the World Diamond Center just opposite the little Sephardic synagogue. On any given day but Friday, it is sprinkled liberally with Orthodox Jewish diamond traders, many of them Hasidim.

. . .

Ari Epstein, 33, is the son of a diamond trader, whose father emigrated from a village in Romania in the 1960s. "It's a typical shtetl environment," he said, wearing the yarmulke with a business suit. "It's live and let live. Most important is to do business together and to be honorable."



For the full story, see:

JOHN TAGLIABUE. "Antwerp Journal; Belgian Market's Luster Dims, but Legacy Stays." The New York Times (Tues., January 6, 2009): A11.

(Note: ellipsis added.)


DiamondBelgianMarket.jpg













"The market employs about 7,000 and creates work indirectly for another 26,000." Source of the caption and photo: online version of the NYT article quoted and cited above.





January 28, 2009

Even Dogs "Have a Sense of Fairness"


DogsTreats1.jpg DogsTreats2.jpg DogsTreats3.jpg "This series of photos from the National Academy of Sciences shows a dog being asked for its paw and obeying, left. In the second photo, the dog watches its partner in the experiment receive a food reward that it didn't receive. In the third photo, the dog refuses to give its paw and avoids looking at the experimenter." Source of caption and photos: online version of the Omaha World-Herald article quoted and cited below.

(p. 2A) Ask them to do a trick, and they'll give it a try. For a reward, they'll happily keep at it.

But if one dog gets no reward and then sees another dog get a treat for doing the same trick, just try to get the first one to do it again.

Indeed, the animal may turn away and refuse to look at you.

Dogs, like people and monkeys, seem to have a sense of fairness.

. . .

In the experiments described in today's edition of Proceedings of the National Academy of Sciences, Range and colleagues experimented with dogs that understood the command "paw'' to place a paw in the hand of a researcher. It's the same game as teaching a dog to "shake hands.''

. . .

The dogs sat side by side with an experimenter in front of them. In front of the experimenter was a divided food bowl with pieces of sausage on one side and brown bread on the other.

The dogs were asked to shake hands and could see what reward the other dog received.

When one dog got a reward and the other didn't, the unrewarded animal stopped playing.



For the full story, see:

Associated Press. "It's a Dog's Life Only When Someone Else Gets Treat." Omaha World-Herald (Tues., Dec. 9, 2008): 2A.

(Note: ellipses added.)




October 7, 2008

Schumpeter Poem on People Wanting to Be in Control of Their Lives


A few lines from an unpublished Schumpeter poem (written September 6, 1941) that McCraw quotes at length:

(p. 400) To live the lives which are our own
To manage our affairs
That's what the people wanted


Source:

McCraw, Thomas K. Prophet of Innovation: Joseph Schumpeter and Creative Destruction. Cambridge, Mass.: Belknap Press, 2007.




September 13, 2008

Do Not Apologize for Your Pursuit of Happiness


(p. A17) There is a whiff of hypocrisy here. Mr. Obama, who made $4.2 million last year and lives in a $1.65 million house bought with the help of the indicted Tony Rezko - and whose "elegant suits" and "impeccable ties" made him one of Esquire's Best-Dressed Men in the World - disdains college students who might want to "chase after the big house and the nice suits." Mr. McCain, who with his wife earned more than $6 million last year and who owns at least seven homes, ridicules Mr. Romney for having built businesses.

But hypocrisy is not the biggest issue. The real issue is that Messrs. Obama and McCain are telling us Americans that our normal lives are not good enough, that pursuing our own happiness is "self-indulgence," that building a business is "chasing after our money culture," that working to provide a better life for our families is a "narrow concern."

They're wrong. Every human life counts. Your life counts. You have a right to live it as you choose, to follow your bliss. You have a right to seek satisfaction in accomplishment. And if you chase after the almighty dollar, you just might find that you are led, as if by an invisible hand, to do things that improve the lives of others.



For the full commentary, see:

DAVID BOAZ. "Our Collectivist Candidates." The Wall Street Journal (Weds., May 28, 2008): A17.




September 10, 2008

Americans Happy with Work if Advancement is Possible


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Source of book image: http://www.arthurbrooks.net/images/book-2.gif

(p. A13) In "Gross National Happiness," Mr. Brooks has assembled an array of statistics to measure the mood of America's citizens and to discover the reasons they feel as they do. Most often he cites polls that ask for self-described happiness levels, matching up the answers with various beliefs, habits, life choices or experiences.

And what exactly is happiness? Who knows? The term might refer joy or contentment or moral self-approval or material well-being or appetitive pleasure - or some combination of them all. Mr. Brooks is aware of the problem. He says that Potter Stewart, the Supreme Court justice, could have been describing happiness when he said, of pornography, "I know it when I see it."

. . .

He challenges those partial to tales about long-suffering Wal-Mart workers and surly burger flippers to rethink their victimology creed. The woe is not nearly as widespread as rumored: 89% of Americans who work more than 10 hours a week are very satisfied or somewhat satisfied with their jobs while only 11% are not very satisfied or not at all satisfied. Most surprisingly, Mr. Brooks writes, there "is no difference at all in job satisfaction between those with below-average and above-average incomes."

What really makes Americans hate their jobs is a perception that advancement is impossible. And while Mr. Brooks agrees that the nation's income gap is growing, the national happiness level is steady. Just under one-third of American adults say that they are "very happy"; up to 15% are not too happy; and everyone else is somewhere in the middle. Those numbers have been roughly true since the early 1970s. More government spending doesn't seem to raise happiness levels, though direct government assistance may diminish it. Charitable giving, Mr. Brooks adds, generally lifts the spirits; Americans do a lot of it.



For the full review, see:

DAVE SHIFLETT. "Bookshelf; How to Be of Good Cheer." The Wall Street Journal (Mon., May 12, 2008): A13.

(Note: ellipsis added.)




August 9, 2008

Blacklisting of Voight Urged in Display of Liberal Hollywood McCarthyism


VoightBlackListedByLiberals.jpg
VoightBlacklistedByLiberals2.jpg
















Source of the images: screen captures from the CNN report cited below.

With self-righteous indignation, the left often accuses the right of "McCarthyism."

But many on the left are happy to limit free speech when what is spoken is not to their liking.

Jon Voight's column in the Washington Times has ignited a firestorm, and caused at least one Hollywood insider to openly advocate blacklisting Voight from the movie business. The CNN story cited and linked below, gives some of the details.

Unfortunately, this is not an isolated example.

On our campuses, free speech is often violated if the speaker speaks what is not politically correct. For many examples, see some of the cases discussed on the web site of the Foundation for Individual Rights in Education.

Another example is from my own personal experience as a young scholar many decades ago. I had applied to three or four top PhD programs in philosophy and was initially rejected from every one of them, even though I had a nearly perfect GPA, and very high test scores.

I was especially surprised by the rejection from Chicago, because an Associate Dean had visited the Wabash campus the year before and talked with me about applying to Chicago. He had looked at my record and said, 'with your record, if you score X, or above on the GREs, it is almost certain that you will be accepted.' (I don't remember the exact number he said.) Well I scored above X, but was rejected. So I wrote to the Associate Dean, saying I was disappointed and asking if he had any insight about the rejection. He told me that he was dumbfounded and that he would look into it.

Awhile later, I received a letter reversing the decision of the University of Chicago Department of Philosophy. I never learned all the details, but apparently the Dean of Humanities had over-ruled the Department of Philosophy. (This is fairly unusual in academics, and though I do not remember her name, I salute that Dean for taking a stand.)

Years later, the episode came up in a conversation with a member of the philosophy faculty. He said that he had been on the admissions committee the year that I had applied, and that I had been rejected because I had mentioned Ayn Rand in my essay about how I had become interested in philosophy.

For some of the details of the Voight story, see:

Wynter, Kareen. "Bloggers Fire Back at Voight." CNN Feature, broadcast on CNN, and posted on CNN.com on 8/8/08. Downloaded on 8/8/08 from: http://www.cnn.com/video/?iref=videoglobal

(Note: the clip runs 2 minutes and 27 seconds.)

Voight's op-ed piece ran in the Washington Times on July 28, 2008 under the title "My Concerns for America" and can be viewed at: http://www.washingtontimes.com/news/2008/jul/28/voight/





March 23, 2008

A Little Optimism Goes a Long Way


(p. B1) Far from deforming our view of the future, this penchant for life's silver lining shapes our decisions about family, health, work and finances in surprisingly prudent ways, concluded economists at Duke University in a new study published in the Journal of Financial Economics. "Economists have focused on optimism as a miscalibration, as a distorted view of the future," said Duke finance scholar David T. Robinson. "A little bit of optimism is associated with a lot of positive economic choices."

. . .

Optimists, the Duke finance scholars discovered, worked longer hours every week, expected to retire later in life, were less likely to smoke and, when they divorced, were more likely to remarry. They also saved more, had more of their wealth in liquid assets, invested more in individual stocks and paid credit-card bills more promptly.

Yet those who saw the future too brightly -- people who in the survey overestimated their own likely lifespan by 20 years or more -- behaved in just the opposite way, the researchers discovered.

Rather than save, they squandered. They postponed bill-paying. Instead of taking the long view, they barely looked past tomorrow. Statistically, they were more likely to be day traders. "Optimism is a little like red wine," said Duke finance professor and study co-author Manju Puri. "In moderation, it is good for you; but no one would suggest you drink two bottles a day."


For the full story, see:

Robert Lee Hotz. "Science Journal; Except in One Career, Our Brains Seem Built for Optimism." Wall Street Journal (Fri., Nov. 9, 2007): B1.

(Note: ellipsis added.)




January 8, 2008

"Working Families in France Want to Be Richer"

 

  Sarkozy (on left) runs.  Source of photo:  online version of the NYT article cited below.

 

(p. 1)  In proposing a tax-cut law last week, Finance Minister Christine Lagarde bluntly advised the French people to abandon their “old national habit.”

“France is a country that thinks,” she told the National Assembly. “There is hardly an ideology that we haven’t turned into a theory. We have in our libraries enough to talk about for centuries to come. This is why I would like to tell you: Enough thinking, already. Roll up your sleeves.”

Citing Alexis de Tocqueville’s “Democracy in America,” she said the French should work harder, earn more and be rewarded with lower taxes if they get rich.

. . .

(p. 9)  The government’s call to work is crucial to its ambitious campaign to revitalize the French economy by increasing both employment and consumer buying power. Somehow Mr. Sarkozy and his team hope to persuade the French that it is in their interest to abandon what some commentators call a nationwide “laziness” and to work longer and harder, and maybe even get rich.

France’s legally mandated 35-hour work week gives workers a lot of leisure time but not necessarily the means to enjoy it. Taxes on high-wage earners are so burdensome that hordes have fled abroad. (Mr. Sarkozy cites the case of one of his stepdaughters, who works in an investment-banking firm in London.)

In her National Assembly speech, Ms. Lagarde said that there should be no shame in personal wealth and that the country needed tax breaks to lure the rich back.

. . .

“We are seeing an important cultural change,” said Eric Chaney, chief economist for Europe for Morgan Stanley. “Working families in France want to be richer. Wealth is no longer a taboo. There’s a strong sentiment in France that people think prices are too high and need more money. It’s not a question of thinking or not thinking.”  

 

For the full story, see: 

ELAINE SCIOLINO.  "New Leaders Say Pensive French Think Too Much."  The New York Times, Section 1  (Sun., July 22, 2007):  1 & 9.

(Note:  ellipses added.)

 

  Mitterrand walked.  Source of photo:  online version of the NYT article cited above.

 




December 21, 2007

"People Giddy on Hope and Thrilled to Be Changing"

 

   "Emily Prager at her lane house in Shanghai."  Source of caption and photo:  online version of the NYT article quoted and cited below.   

 

The centers of dynamism are not set in stone.  I once asked the philosopher Alan Donagan why the Scottish enlightenment had occurred where (Edinburgh) and when (in the mid-late 18th century) it did.  With his usual good humor he told me that I was asking a bad question--that my question assumed that enlightenments were determined.  He instead believed that they were chance occurrences resulting from the free-will choices of individuals.

I think that there was something to what he said.  But I also believe that some institutions, and some policies of government, can greatly increase the probability that fruitful dynamism will occur.  For instance, free markets tend to tolerate diversity and experimentation, and to reward initiative. 

In the past, locations of economic dynamism, also were often locations of intellectual dynamism.  I wonder if the connection is still true today, and if not, why not? 

Among past centers of dynamism were Miletus, Athens, Florence, Amsterdam, Edinburgh, and New York City.  Today, centers of economic dynamism include Las Vegas, Dubai and Shanghai.  The article quoted below paints a generally appealing picture of Shanghai.

 

(p. D1)  I decided to move myself and my 12-year-old daughter, Lulu — whom I had adopted as a baby in China — from the old capital of the world to the new: to make a home in Shanghai, a city of the future.

I knew something about Shanghai, having been here on trips several times in the last few years. The city was always so excited it could hardly contain itself. It is a microcosm of the Asian boom, stuffed with people giddy on hope and thrilled to be changing. It recalls the greatness of New York in the early ’70s, except for one thing: Like the rest of China, Shanghai was largely closed to the outside world, and real economic growth, for nearly 50 years after World War II. It is a place where every car on the road is brand new and every pet recently acquired, but the person you just met might trace his family back 70 generations. The modernity and polish that Manhattan learned between 1945 and 1995, Shanghai is cramming for as fast as it can, and it’s fascinating to watch.

. . .

(p. D6)  Pets are new to Chinese people and they don’t know very much about them. Dogs are not neutered and they are walked without leashes. Many people are terrified of dogs, particularly given the country’s serious rabies problem.

Twice when I was walking Skippy, young women caught sight of him and screamed in terror at the top of their lungs. Because having a pet is so new, there is a video showing how to pick up after a dog and wash his paws after his walk, which appears many times a day on a huge video screen on Huaihai, the city’s other main shopping street.

 

For the full story, see: 

EMILY PRAGER. "At Home Abroad; Settling Down in a City in Motion."  The New York Times  (Thurs., July 19, 2007):  D1 & D6. 

(Note:  ellipsis added.)

 

   "On the streets of Shanghai, the author's injured foot attracts less attention than her pet dog, still a rare sight in the city."  Source of caption and photo:  online version of the NYT article quoted and cited above.

 




December 17, 2007

Life Lesson #1: When Facing a Hungry Bear, the Fence is Your Friend

 

 

The photo was taken by Art Diamond at Omaha's Henry Doorly Zoo, at about 6:00 PM on Weds., July 18, 2007.  (It was 'Member's Day' and there were signs posted that 6:00 PM was a feeding time for the bears.)

 




December 15, 2007

Nozick (and Bush) Think it is Fair for You to Keep More of What You Earn

 

   Source of table:  online version of the NYT commentary quoted and cited below.

 

(p. 4)  DO the rich pay their fair share in taxes? This is likely to become a defining question during the presidential campaign.

. . .

Fairness is not an economic concept. If you want to talk fairness, you have to leave the department of economics and head over to philosophy.

. . .  

In his 1974 book, “Anarchy, State, and Utopia,” Professor Nozick wrote: “We are not in the position of children who have been given portions of pie by someone who now makes last-minute adjustments to rectify careless cutting. There is no central distribution, no person or group entitled to control all the resources, jointly deciding how they are to be doled out. What each person gets, he gets from others who give to him in exchange for something, or as a gift. In a free society, diverse persons control different resources, and new holdings arise out of the voluntary exchanges and actions of persons.”

To libertarians like Professor Nozick, requiring the rich to pay more just because they are rich is little more than officially sanctioned theft.

There is no easy way to bridge this philosophical divide, but the political process will, inevitably, try to forge a practical compromise among those with wildly divergent views. At the 2000 Republican National Convention, the candidate George W. Bush made clear where he stood: “On principle, no one in America should have to pay more than a third of their income to the federal government.” As judged by the C.B.O. data, he has accomplished his goal.

A question for any political candidate today is whether he or she agrees with the Bush tax ceiling. If not, how high above a third is he or she willing to go?

 

For the full commentary, see:

N. GREGORY MANKIW.  "ECONOMIC VIEW; Fair Taxes? Depends What You Mean by ‘Fair’."   The New York Times, Section 3   (Sun., July 15, 2007):  4.

(Note:  ellipses added.)

 




December 10, 2007

Omaha Government Displays Pretentious Concrete Donuts: Is Dog Poop Next?

 

  The city of Omaha is forcing its citizens to endure four concrete donuts that are sometimes called "Sounding Stones" and sometimes called "art."  Source of photo: online version of  Dane Stickney.  "ART MOVEMENT; Some neighbors don’t want sculpture in Elmwood Park."  Omaha World-Herald  (Sat., Nov. 17, 2007):  B1.

 

I believe that all art should be private art.  But if the government is going to force art on us, at least they should commission art that most find enjoyable to look at. 

Tom Wolfe in The Painted Word skewered the pretension of modern "artists" whose "art" is not intended to please, but is intended to make some obscure philosophical point. 

If somebody wants to privately finance such activity, fine.  But don't force the rest of us to finance it through taxation.

 

 (p. 1B)  “So is this where they’re putting Stonehenge?”
  Stan Hille was walking his dog through Elmwood Park when he stopped to ask me the question. He thought I was a city employee.

  “Yes, it is,” I said as I stood near one of the gravel pads awaiting Leslie Iwai’s gigantic five-piece sculpture “Sounding
Stones .” “But you don’t sound excited.”
  “Well, I guess I’m not,” he said, stopping to contemplate art. 
“This thing just reminds me of that old question: ‘When is art not art?’ ” Hmm. Great question. Ancient question. I suggested it might not be art until people, especially a commission of people, tells you it’s art. Or, if it’s big, it’s art. Or, if you make something and then say there’s some meaning to it, then maybe it’s art.
  As we pondered, Hille’s dog defecated.

  “Perhaps if I can find some meaning in this poop, then maybe it’s art,” I told him as I rubbed my chin.

  The retired UNO professor and Dundee resident absorbed my genius. “Perhaps,” he responded, rubbing his chin also.

  But, alas, I could find no meaning. “Perhaps its lack of meaning is its meaning,” I then argued, sounding
not unlike French philosopher Jacques Derrida. “It’s post-postmodern ironic poop.” 

. . .

 For Hille and others around Elmwood Park, the bigger question seems to be aesthetics.
  Elmwood Park is a quiet forest setting. Is this really the place for large chunks of concrete, no matter what they mean?

  “It just doesn’t seem to fit,” Hille said.

  I’m with him on that. “Sounding
Stones
” might make more sense, or at least be better received, in the midst of, say, modern architecture, not nature.
  You know, perhaps put it downtown, where it could look like it fell off the old Union Pacific building.

  But if “Sounding
Stones ” does end up in Elmwood Park, whichit most likely will, I’m guessing it still will end up being a positive move.
  Because, as with Hille and me, it’s going to get people thinking and talking about art.

  And even when you’re looking at dog droppings, taking time out of the day to contemplate art can’t be a completely bad thing.

 

Yes, Robert, it can be "a completely bad thing" if you have alternative uses for your time.

 

For the full commentary, see:

Robert Nelson.  "Rocky art may lead to heavy thoughts."  Omaha World-Herald  (Nov. 21, 2007):  1B.

(Note:  ellipsis added.)

 




November 3, 2007

Not All World Views Can Be Accommodated

 

   1935 photos of painted Caduveo women from Claude Lévi-Strauss Structural Anthropology.  Source of photos:  online version of the NYT article cited below.

 

I remember in a philosophy class back in the 1970s, the philosopher Stephen Toulmin mentioning that he had once attended a conference with the famed anthropologist Claude Lévi-Strauss.  For a long while Lévi-Strauss sat in silence.  Finally he stirred himself to speak, and Toulmin wondered what wisdom the great man would pronounce. 

His comment was something like:  "It is hot in here.  Will someone open a window?" 

 

News of the death of the philosopher Richard Rorty on June 8 came as I was reading about a small Brazilian tribe that the French anthropologist Claude Lévi-Strauss studied in the 1930s. A strange accident, a haphazard juxtaposition — but for a moment this pragmatist philosopher and a fading tribal culture glanced against each other, revealing something unusual about the contemporary scene.

. . .

For Mr. Rorty, the importance of democracy is that it creates a liberal society in which rival truth claims can compete and accommodate each other. His pragmatism was postmodern, tolerant to a fault, its moral and progressive conclusions never appealing to a higher authority.

. . .

The Caduveo founding myth recounts that, lacking other gifts at the moment of creation, the tribe was given the divine right to exploit and dominate others.

. . .

But there was also something else about this tribe that drew Mr. Lévi-Strauss’s attention: “It was a society remarkably adverse to feelings that we consider as being natural.” Its members disliked having children. Abortion and infanticide were so common that the only way the tribe itself could continue was by adoption, and adoption — more properly called abduction — was traditionally implemented through warfare. The tribal disdain for nature extended into its active denigration of hair, agriculture, childbirth and even, perhaps, representational art.

. . .

In reasoning one’s way into pragmatism, in minimizing the importance of natural constraints and in dismissing the notion of some larger truth, the tendency is to assume that as different as we all are, we are at least prepared to accommodate ourselves to one another. But this is not something the Caduveo would necessarily have gone along with. Mr. Rorty’s outline of what he called “the utopian possibilities of the future” doesn’t leave much room for the kind of threat the Caduveo might pose, let alone other threats, still active in the world.

One tendency of pragmatism might be to so focus on the ways in which one’s own worldview is flawed that trauma is more readily attributed to internal failure than to external challenges. In one of his last interviews Mr. Rorty recalled the events of 9/11: “When I heard the news about the twin towers, my first thought was: ‘Oh, God. Bush will use this the way Hitler used the Reichstag fire.’ ”

If that really was his first thought, it reflects a certain amount of reluctance to comprehend forces lying beyond the boundaries of his familiar world, an inability fully to imagine what confrontations over truth might look like, possibly even a resistance to stepping outside of one’s skin or mental habits.

But in this too the Caduveo example may be suggestive. As Mr. Lévi-Strauss points out, neighboring Brazilian tribes were as hierarchical as the Caduveo but lacked the tribe’s sweeping “fanaticism” in rejecting the natural world. They reached differing forms of accommodation with their surroundings. The Caduveo, refusing even to procreate, didn’t have a chance. They survive now as sedentary farmers. Such a fate of denatured inconsequence may eventually be shared by absolutist postmodernism. The Caduveo’s ideas weren’t useful, perhaps. Some weren’t even true.

 

For the full commentary, see: 

EDWARD ROTHSTEIN.  "CONNECTIONS; Postmodern Thoughts, Illuminated by the Practices of a Premodern Tribe."  The New York Times   (Mon., June 18, 2007):  B3.

(Note:  ellipses added.)

 

 RortyRichard.jpg Levi-StraussClaude.jpg   Rorty on left; Lévi-Strauss on right.  Source of photos:  online version of the NYT article cited above.

 




October 19, 2007

Business Should Stop Apologizing for Creating Wealth

 

   Source of book image:  http://hoeiboei.web-log.nl/photos/uncategorized/atlasshrugged.jpg

 

David Kelley's op-ed piece, excerpted below, was published in the WSJ on October 10, 2007, the 50th anniversary of the publication of Ayn Rand's greatest novel.

  

Fifty years ago today Ayn Rand published her magnum opus, "Atlas Shrugged." It's an enduringly popular novel -- all 1,168 pages of it -- with some 150,000 new copies still sold each year in bookstores alone. And it's always had a special appeal for people in business. The reasons, at least on the surface, are obvious enough.

Businessmen are favorite villains in popular media, routinely featured as polluters, crooks and murderers in network TV dramas and first-run movies, not to mention novels. Oil company CEOs are hauled before congressional committees whenever fuel prices rise, to be harangued and publicly shamed for the sin of high profits. Genuine cases of wrongdoing like Enron set off witch hunts that drag in prominent achievers like Frank Quattrone and Martha Stewart.

By contrast, the heroes in "Atlas Shrugged" are businessmen -- and women. Rand imbues them with heroic, larger-than-life stature in the Romantic mold, for their courage, integrity and ability to create wealth. They are not the exploiters but the exploited: victims of parasites and predators who want to wrap the producers in regulatory chains and expropriate their wealth.

. . .  

. . .   At a crucial point in the novel, the industrialist Hank Rearden is on trial for violating an arbitrary economic regulation. Instead of apologizing for his pursuit of profit or seeking mercy on the basis of philanthropy, he says, "I work for nothing but my own profit -- which I make by selling a product they need to men who are willing and able to buy it. I do not produce it for their benefit at the expense of mine, and they do not buy it for my benefit at the expense of theirs; I do not sacrifice my interests to them nor do they sacrifice theirs to me; we deal as equals by mutual consent to mutual advantage -- and I am proud of every penny that I have earned in this manner…"

We will know the lesson of "Atlas Shrugged" has been learned when business people, facing accusers in Congress or the media, stand up like Rearden for their right to produce and trade freely, when they take pride in their profits and stop apologizing for creating wealth.

 

For the full commentary/review, see: 

DAVID KELLEY. "Capitalist Heroes."   The Wall Street Journal  (Weds., October 10, 2007):  A21. 

(Note:  ellipsis in Rearden quote was in original; the other two ellipses were added.)

 




October 7, 2007

Thales of Miletus Lives

 

   Source of book image:  http://store.43folders.com/books-3-1400063515-The_Black_Swan_The_Impact_of_the_Highly_Improbable

 

This is part entertaining rant and part serious epistemology.  I've finished 9 of 19 chapters so far--almost all of my reading time spent smiling. 

Historians of Greek philosophy used to tell the story of one of the first philosophers, Thales of Miletus, that he once was watching the stars, and fell into a well.  The citizens of Miletus made fun of him being an impractical philosopher.  To prove them wrong, he used his knowledge to corner the market in something, and made a fortune. 

Not a very plausible story, but appealing to us philosophers.  (Like Thales, we like to think we could all be rich, if we didn't have higher goals.)

Well apparently Taleb is the real Thales.  He wanted to be a philosopher, got rich on Wall Street using his epistemological insights, and is now using his wealth to finance his musings on whatever he cares to muse on.

Beautiful!

 

Here's an amusing sentence that broadened my grin.  (It was even more amusing, and profound, in context, but I don't have time to type in the context for you.)

(p. 87)  If you are a researcher, you will have to publish inconsequential articles in "prestigious" publications so that others say hello to you once in a while when you run into them at conferences.

 

Reference for the book:

Taleb, Nassim Nicholas. The Black Swan: The Impact of the Highly Improbable. New York: Random House, 2007.

 




February 16, 2007

Bertrand Russell: Think or Die

I heard a great Bertrand Russell quote, a couple of days ago.  (Sometime I'll try to verify it.)  It is:

 

"Some people would rather die, than think.  And they do."

 (attributed to Bertrand Russell)




July 31, 2006

"Capitalism has Not Corrupted Our Souls; It has Improved Them"


Source of book image:  http://www.amazon.com/gp/product/0226556638/sr=8-1/qid=1153708722/ref=pd_bbs_1/104-2835260-2878345?ie=UTF8

 

Deirdre McCloskey's unfashionable,  contrarian and compelling manifesto in favor of what she calls the bourgeois virtues starts with an uncompromising "apology" for how private property, free labor, free trade and prudent calculation are the fount of most ethical good in modern society, not a moral threat to it.

The intelligentsia -- in thrall for centuries to religion and now to socialism -- has for a long time snobbishly despised the bourgeoisie that practices capitalism.  Ms. McCloskey calls such people the "clerisy."  Their values and virtues, like those of the proletariat and the aristocracy, are widely admired.  But almost nobody admires the bourgeoisie.  Yet it was for anti-bourgeois ideologies, she notes, that "the twentieth century paid the butcher's bill."

As Ms. McCloskey explains:  "Anyone who after the twentieth century still thinks that thoroughgoing socialism, nationalism, imperialism, mobilization, central planning, regulation, zoning, price controls, tax policy, labor unions, business cartels, government spending, intrusive policing, adventurism in foreign policy, faith in entangling religion and politics, or most of the other thoroughgoing nineteenth-century proposals for government action are still neat, harmless ideas for improving our lives is not paying attention."  By contrast, she argues, "capitalism has not corrupted our souls.  It has improved them."

 

For the full review, see:

MATT RIDLEY.  "Capitalism Without Tears; Fashionable thinkers sneer at the free market and its practitioners, but economic liberty may actually be a force for personal goodness."   The Wall Street Journal  (Sat., July 22, 2006):  P10.

(Note:  in the passage above, I took the liberty of correcting a misspelling of "Deirdre.") 

 

The full citation to the McCloskey book is: 

McCloskey, Deirdre N.  The Bourgeois Virtues:  Ethics for an Age of Commerce. Chicago:  University of Chicago Press, 2006.  (616 pages, $32.50)





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