Monthly Archives: November 2008

strategic conversations

all meetings should begin and end as celebrations. An adventure about to start, an exploration ended.

religion and science

it is wrong to think that religion makes claims about material reality. The world of science is a smaller world, more limited in scope.The normal religions are more like "our team", or "our town", what we do and think here. Highschool football. Ours.  Scientists too often take the claims of such local assertions as statements

mini essay economy

it is striking how much we have a broad press view that the bailout has been a handout without restraint, and impossibly costly. ye here is some hope that it will "work". There are two problems. First, we do not have enough industrial base to sell to the world to even pay the interest. hence

notes nov 25 2008

  pretty rough here. some links. http://dougcarmichael.com/art/dcart.html http://www.carlotaperez.org/Articulos/TRFC-TOCeng.htm http://humanitieslab.stanford.edu/SSC/11 http://www.nytimes.com/interactive/2008/09/27/business/economy/20080927_WEEKS_TIMELINE.html http://www.counterpunch.org/hudson11172008.html http://humanitieslab.stanford.edu/dougcarmichael/Home http://www.nytimes.com/interactive/2008/09/27/business/economy/20080927_WEEKS_TIMELINE.html http://1.bp.blogspot.com/_pMscxxELHEg/SSSevkxwNtI/AAAAAAAADzE/V_BMgbRML4E/s1600-h/four-bears-large.gif http://openlearn.open.ac.uk/file.php/2824/kmap/1227203679/financial%20nov%2020.html   a note While you have always celebrated your attachment to conservative thinkers like Michael Oakeshott, your views often strike me being most closely aligned with John Rawls.  Your discussion today about modernity smashing the social good into little bits

nyt ed on obama and economy

This is more forthright than i expected. Published: November 24, 2008 In introducing his economic team on Monday, President-elect Barack Obama said that he had chosen leaders who would offer sound judgment and fresh thinking. Was that an order? Times Topics: The New Team In various high-level government positions, Timothy Geithner, Mr. Obama’s choice for

commercial culture breaks apart replaced y shamanism

6:54. pm Culture breakup replaced by shamanism? In a conversation last nigh with a group, including an astronomer, an anthropologist, a social worker (children’s housing),  state bureaucrat and a consultant, we discussed shamanism,children in favelas, the Congo an the Amazon. The question came up,is out current consumer culture breaking apart, and if so would a

notes monday nov 24

Brad delong writes Ben, let me explain to you what deleveraging is. When you borrow at a low rate to lend at a higher rate, you’re leveraged. Traditionally, banks do that by borrowing short (through taking in deposits) and lending long, making their money from a positively-sloping yield curve. More recently, they tried other ways

notes nov 23

The American Future Review by Niall Ferguson Published: October 3 2008 21:34 | Last updated: October 3 2008 21:34 The American Future: A History By Simon Schama The Bodley Head £20, 400 pages FT Bookshop price: £16 …yet this road trip is also an inspiring and illuminating work of history, a reflection on the essence

obama presidency.

oh oh. In light of the downturn, Mr. Obama is also said to be reconsidering a key campaign pledge: his proposal to repeal the Bush tax cuts for the wealthiest Americans. According to several people familiar with the discussions, he might instead let those tax cuts expire as scheduled in 2011, effectively delaying any tax

Notes oct 16

DeLong from the gaurdian via Ecoomist’s view Hence Ben Bernanke and his Fed loaned extraordinarily freely to banks and near-banks and non-banks in order to avoid what Milton Friedman said was the key mistake that made the Depression Great:… a liquidity squeeze that made cash hard to get. Call this Plan A. So Bernanke and