Friday, December 30, 2011
On nations
".. a decision to form – or re-form – a nation depends on a common view that it will be a better place to be for its people, because it will in its institutions and in its customs, in its actions and in the place it makes for itself in the world, more resemble them and how they would like to be seen."
More here.
Saturday, October 29, 2011
Insanity
"That's what insanity is, when you do the same thing over and over again even though it really doesn't work."
Sunday, October 16, 2011
Mindwalk (1999)
"See, we tend to think of subatomic
particles as some kind of small billiards balls or small grains of sand.
But for physicists a particle
has no independent existence.
A particle is essentially a
set of relations that reach outward to connect
with other things.
What are those other things, please?
They're interconnections of yet other things which also turn out to be interconnections, and so on, and so on. In atomic physics we never end up with any things at all. The essential nature of matter lies not in objects, but in interconnections."
"No one induced upon us the wisdom of the American indian tribes who made all their important decisions with the seventh generation in mind. We were never taught to think about the future that way."
What are those other things, please?
They're interconnections of yet other things which also turn out to be interconnections, and so on, and so on. In atomic physics we never end up with any things at all. The essential nature of matter lies not in objects, but in interconnections."
"No one induced upon us the wisdom of the American indian tribes who made all their important decisions with the seventh generation in mind. We were never taught to think about the future that way."
Wednesday, September 28, 2011
About credibility
There's always more than one side to a coin, it smells bad whenever only one side is shown. Whenever the same story is repeated over and over by different voices it means that somebody already analysed both sides and made their choice for their own benefit.
Greece should default and the rescue funds are bound to fail, idea defended by Martin Feldstein. But at the same time this can have a domino effect for Italy and Spain and a devaluation battle didn't help anyone in 1930.
"The only way the dollar is going to strengthen significantly is if the Federal Reserve begins to aggressively tighten monetary policy, which means raising interest rates, or if a major global economic catastrophe hits the economy, such as several EU countries entering into default at the same time." citation
Greece should default and the rescue funds are bound to fail, idea defended by Martin Feldstein. But at the same time this can have a domino effect for Italy and Spain and a devaluation battle didn't help anyone in 1930.
"The only way the dollar is going to strengthen significantly is if the Federal Reserve begins to aggressively tighten monetary policy, which means raising interest rates, or if a major global economic catastrophe hits the economy, such as several EU countries entering into default at the same time." citation
Tuesday, September 20, 2011
The endless repetition of history
"When the situation was manageable it was neglected, and now that it is
thoroughly out of hand, we apply too late the remedies which then might
have effected a cure. There is nothing new in the story. It is as old as
the Sibylline books. It falls into that long dismal catalogue of the
fruitlessness of experience and the confirmed unteachability of mankind.
Want of foresight, unwillingness to act when action would be simple and
effective, lack of clear thinking, confusion of counsel until the
emergency comes, until self-preservation strikes its jarring gong -
these are the features which constitute the endless repetition of
history." --Winston Spencer Churchill, May 2, 1935
Thursday, August 4, 2011
Subscribe to:
Posts (Atom)