Author Archive
Posted by David Foster on 5th February 2010 (All posts by David Foster)
Odin James–”O”–is a high-school basketball star. His friend Hugo also plays for the team, though not on O’s level. When O singles out another player–Michael–for special recognition, Hugo’s already-high jealously level reaches a fever pitch.
Roger, a wealthy but awkward and widely-disliked student, is hopelessly in love with O’s girlfriend, Desi. Hugo enlists him in a plot which he sells to Roger as a way of luring Desi away from O…but his real intent is to destroy both O and Michael, with Desi as collateral damage.
Does the plot sound a little bit familiar?
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Posted in Film | 2 Comments »
Posted by David Foster on 5th February 2010 (All posts by David Foster)
Financial Times, 2/4:
Moody’s Investors Service fired off a warning yesterday that the triple A sovereign credit rating of the US would come under pressure unless economic growth was more robust than expected or tougher action was taken to tackle the country’s budget deficit.
and
Crucially, projections of the overall debt-to-GDP ratio for the US are seen as rising from 53 per cent in 2009 to 73 per cent in 2015 and 77 per cent by 2020. Moody’s, however, says this understates the US debt level.
“Using the general government measure, including state and local governments as well as the federal government, which is used internationally, this ratio would be well over 100 percent in 2020.”
Posted in Business, Economics & Finance, Politics | 5 Comments »
Posted by David Foster on 30th January 2010 (All posts by David Foster)
Some lines that seem appropriate for a cold and snowy day…
‘Twas the soul of Judas Iscariot,
Strange, and sad, and tall,
Stood all alone at dead of night
Before a lighted hall.
And the wold was white with snow,
And his foot-marks black and damp,
And the ghost of the silvern Moon arose,
Holding her yellow lamp.
And the icicles were on the eaves,
And the walls were deep with white,
And the shadows of the guests within
Pass’d on the window light.
The shadows of the wedding guests
Did strangely come and go,
And the body of Judas Iscariot
Lay stretch’d along the snow.
The body of Judas Iscariot
Lay stretched along the snow;
‘Twas the soul of Judas Iscariot
Ran swiftly to and fro.
To and fro, and up and down,
He ran so swiftly there,
As round and round the frozen Pole
Glideth the lean white bear.
‘Twas the Bridegroom sat at the table-head,
And the lights burnt bright and clear —
‘Oh, who is that,’ the Bridegroom said,
‘Whose weary feet I hear?’
The complete poem is here.
Not being a Victorian, some of the words are unfamiliar, and not being a Christian, I’m not sure I understand all the symbolism…but what a vivid, beautiful, powerful poem.
Posted in Christianity, Poetry, Religion | 4 Comments »
Posted by David Foster on 28th January 2010 (All posts by David Foster)
Fear
As Michael Ledeen observes: This fear is extremely broad-based. It is not limited to social class nor to domestic or foreign policies. Banks are not lending, companies are not hiring, because they are afraid of what Obama will do next.
It is very clear that Obama/Pelosi/Reid view America primarily as a playing field for a neo-Hobbesian struggle of group against group. And the winning and losing groups at any given moment are determined not only by the elements of the “progressive” creed, but also by the social prejudices of the the leading promulgators of that creed…and by the political exigencies of any given moment.
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Posted in Business, Civil Society, Political Philosophy, Politics | 19 Comments »
Posted by David Foster on 27th January 2010 (All posts by David Foster)
Anybody want to talk about the impact of this product? I think the question of how it will affect the publishing industry is particularly interesting…see this and this, for example…but there are probably a lot of other companies and industries that this thing has the potential to help or harm IF it is successful, which of course isn’t a foregone conclusion given the fate of earlier tablets.
(Disclosure: I’m an Apple shareholder)
Thoughts?
Posted in Business, Media, Tech | 19 Comments »
Posted by David Foster on 24th January 2010 (All posts by David Foster)
I’ve written several posts that deal with the relative roles of theoretical knowledge versus experience-based knowledge in business and other spheres of life (here, for instance), and we’ve had some good Chicago Boyz discussions on the topic.
Yesterday the Assistant Village Idiot posted an email from a friend (an executive now living in China) which deals with this issue in a very insightful manner. Recommended reading; discuss there or here.
Posted in Academia, Business, Education, Management | 6 Comments »
Posted by David Foster on 23rd January 2010 (All posts by David Foster)
A comment thread at Celia Farber’s blog reminded me of a passage I thought I remembered from Jean Anouilh’s version of Antigone:
The machine has been wound up since the beginning of time, and it runs without friction
(The “machine” Anouilh is talking about here is tragedy, in the Greek sense)
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Posted in Book Notes, Poetry, Religion | 4 Comments »
Posted by David Foster on 18th January 2010 (All posts by David Foster)
Bob O’Hara kindly e-mailed me a link to this interesting post at Anecdotal Evidence. The blogger observes that:
As a newspaper reporter I learned that two subjects might open the mouths and memories of recalcitrant interviewees – their families and work. People love talking about what they do – bragging and complaining — especially when they’re good at it and enjoy the work. Work is central to most of our lives.
…and wonders why there is such an “absence of work” in contemporary literature. He cites two theories: Alain de Botton’s view that “technology has alienated most of us, including writers and other artists, from the means of production,” and Frank Wilson’s assertion that “What this really is about is the extent to which art has become divorced from life as it actually lived by most people.”
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Posted in Academia, Arts & Letters, Book Notes, Business | 25 Comments »
Posted by David Foster on 14th January 2010 (All posts by David Foster)
Defying Hitler: A Memoir
This is a two-post book review; the first part is here and ended with Haffner’s initial reaction to the naming of Hitler as Chancellor:
I do not know what the general reaction was. For about a minute, mine was completely correct: icy horror…for a moment I physically sensed the man’s odour of blood and filth, the nauseating approach of a man-eating animal–its foul, sharp claws in my face.
But that evening, after discussing the situation with his father, he felt better about the future. Hitler, after all, had not been elected dictator: he was merely head of a coalition government and indeed had sworn an oath to the Weimar constitution.
We agreed that (the new government) had a good chance of doing a lot of damage, but not of surviving for very long: a deeply reactionary government, with Hitler as its mouthpiece…Even with the Nazis it would not have a majority in the Reichstag…Foreign policy would probably be a matter of banging the table. There might be an attempt to rearm. That would automatically add the outside world to the 60 percent of the home population who were against the Government…No, all things considered, this government was not a cause for alarm.
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Posted in Book Notes, Civil Society, Germany, History | 7 Comments »
Posted by David Foster on 13th January 2010 (All posts by David Foster)
CNN:
James Cameron’s completely immersive spectacle “Avatar” may have been a little too real for some fans who say they have experienced depression and suicidal thoughts after seeing the film because they long to enjoy the beauty of the alien world Pandora.
According to the article, there have been more than 1000 posts to a forum for people trying to cope from the depression they experienced after seeing this film..and not being able to stay within it permanantly.
(Via Neptunus Lex, who says: “Some folks don’t get the point. You have to come home when it’s over.)
When I saw this story, I immediately thought of the old Chinese opium dens…which were largely inhabited by people whose lives were so miserable that their desire to disappear in dreams was entirely understandable.
But what misery or bleakness are the would-be permanant habitués of the Avatar den seeking to escape?
Posted in Civil Society, Film, Human Behavior | 27 Comments »
Posted by David Foster on 11th January 2010 (All posts by David Foster)
Defying Hitler: A Memoir
How does an advanced and civilized nation turn into a pack of hunting hounds directed against humans? Sebastian Haffner addresses the question in this memoir, which describes his own experiences and observations from early childhood until his departure from Germany in 1939. It is an important document–not only for the light it sheds on this particular and dreadful era in history, but also for its more general analysis of the factors leading to totalitarianism and of life under a totalitarian state. It is also a very personal and human book, with vivid portraits of Haffner’s parents, his friends, and the women he loved. Because of its importance and the fact that it is relatively little-read in the United States (Amazon ranking 108654–I picked up my copy at the Gatwick airport), I’m reviewing it here at considerable length.
The title (probably not chosen by the author himself) is perhaps unfortunate. Haffner was not a member of an organization dedicated to overthrowing the Nazi state, along the lines of a Hans Oster or a Sophie Scholl. His defiance, rather, was on a personal level–keeping his mind free of Nazi ideology, avoiding participation in Nazi crimes, and helping victims of the regime where possible. Even this level of defiance required considerable courage–more than most people are capable of. As Haffner summarizes life under a totalitarian regime:
With fearful menace the state demands that the individual give up his friends, abandon his lovers, renounce his beliefs and assume new, prescribed ones. He must use a new form of greeting, eat and drink in ways he does not fancy, employ his leisure in occupations he abhors, make himself available for activities he despises, and deny his past and his individuality. For all this, he must constantly express extreme enthusiasm and gratitude.
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Posted in Book Notes, Civil Society, Germany, History | 5 Comments »
Posted by David Foster on 11th January 2010 (All posts by David Foster)
Here’s an interactive map that displays geographical patterns for the 50 most popular movies chosen by Netflix customers. From the New York Times, of all places.
Posted in Film, Tech | 2 Comments »
Posted by David Foster on 8th January 2010 (All posts by David Foster)
(I’ve been mulling the following essay for a while now–was finally inspired to action by a post from Cassandra, asking readers to “define conservatism for me.”)
Two stories….
During the Cold War, an American officer was watching a British artillery battery doing some practice firing. He noticed that every time the battery fired, two soldiers were detailed to stand about 50 feet away, each man with his right arm up in the air.
“What are they doing?” asked the American.
“Standard orders, sir,” responded a sergeant. “What we were taught.”
Unable to imagine any reason for this procedure, the American began to make inquiries. Everyone he talks to simply responded that this was they way they had been taught to do things. Finally, he interviewed a very old soldier, who had served in World War One and was now in a veterans hospital.
“You know, when the battery fires?” asked the American. “Those two guys off to the side with their arms in the air? What are they doing?”
“They’re holding the horses,” gasped the old soldier.
This is how liberals tend to think about conservatives–doing things they way they’ve always been done, for no good reason other than precedent.
A different story…
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Posted in Political Philosophy, Politics | 11 Comments »
Posted by David Foster on 5th January 2010 (All posts by David Foster)
Here’s David Brooks, writing in The New York Times:
In the 19th and 20th centuries we made stuff: corn and steel and trucks. Now, we make protocols: sets of instructions. A software program is a protocol for organizing information. A new drug is a protocol for organizing chemicals. Wal-Mart produces protocols for moving and marketing consumer goods. Even when you are buying a car, you are mostly paying for the knowledge embedded in its design, not the metal and glass. (via Isegoria)
Read the whole thing. The argument that Brooks is making here is very similar to the argument made by Rich Karlgaard of Forbes, which I critiqued in my post myths of the knowledge society.
In summary: The 19th and 20th centuries were also “knowledge economies” (in Karlgaard’s formulation) or “protocol economies” (in the Brooksian terminology). The value of a Boulton & Watt steam engine was not in the “stuff” it was made out of (which could be purchased for a far lower amount than you would pay for the steam engine itself) but rather for the design knowledge contributed by James Watt and the manufacturing process knowledge (protocol knowledge) contributed by Matthew Boulton..and for innumerable additions to that knowledge base by their employees. To take a more recent example, the early 20th century assembly line as implemented by Henry Ford, and the kinds of precise work planning and industrial engineering developed by Taylor and the Gilbreths, certainly represent “protocols” just as much as do Wal-Mart’s supply-chain management procedures.
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Posted in Business, Economics & Finance, History, Management, Tech | 14 Comments »
Posted by David Foster on 2nd January 2010 (All posts by David Foster)
Chevy Chase, MD, is an affluent suburb of Washington DC. Median household income is over $200K, and a significant percentage of households have incomes that are much, much higher. Stores located in Chevy Chase include Tiffany & Co, Ralph Lauren, Christian Dior, Versace, Jimmy Choo, Nieman Marcus, Saks Fifth Avenue, and Saks-Jandel.
PowerLine observes that during the election season, yards in Chevy Chase were thick with Obama signs–and wonders how these people are now feeling about the prospect of sharp tax increases for people in their income brackets.
The PowerLine guys are very astute, but I think they’re missing a key point on this one. There are substantial groups of people who stand to benefit financially from the policies of the Obama/Pelosi/Reid triumvirate, and these benefits can greatly outweigh the costs of any additional taxes that these policies require them to pay. Many of the residents of Chevy Chase–a very high percentage of whom get their income directly or indirectly from government activities–fall into this category.
Consider, for starters, direct employment by the government. Most Americans still probably think of government work as low-paid, but this is much less true than it used to be. According to this, 19% of civil servants now make $100K or more. A significant number of federal employees are now making more than $170,000. And, of course, the more the role of government is expanded, the more such jobs will be created, and the better will be the prospects for further pay increases.
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Posted in Civil Society, Economics & Finance, Political Philosophy, Politics, USA | 3 Comments »
Posted by David Foster on 30th December 2009 (All posts by David Foster)
Large numbers of people in Iran are taking huge risks in an attempt to free themselves from a despicable regime. There are many horrifying reports and images available on the web demonstrating clearly the levels of brutality that the regime is willing to use in suppressing dissident voices: see for example here and here.
Barack Obama’s expressions of condemnation for the regime and support for the dissidents have consistently been a day late and a dollar short. He eventually says what he thinks he is expected to say, but there’s not much fire in it. He comes across like an IRS official reciting some section of the tax code for the 495th time, or, at best, like a student giving a report on some long-ago historical event that he really didn’t want to study study but which was important for his grade. His genuine passion has been reserved for domestic issues.
As Joshua Muravchik has pointed out, the current administration has been much less focused on international issues of human rights and democracy than has any other administration in decades. Why?
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Posted in Civil Liberties, Iran, Political Philosophy | 17 Comments »
Posted by David Foster on 26th December 2009 (All posts by David Foster)
The current Barrons (12/28) has an interview with fund managers Kevin Duffy and Bill Laggner, two guys who seem to have a gift for expressing themselves well and concisely. A few excerpts:
Barron’s: You’ve said that perhaps the most redeeming feature of capitalism is failure. Please explain.
Duffy: Any healthy system needs a way to correct error and remove waste. Nature has extinction, the economy has loss, bankruptcy, liquidation. Interfering in this process lengthens feedback loops. Error and waste are allowed to accumulate, and you ultimately get a massive collapse.
Capitalism is primarily attacked by two groups: utopians who wish to impose a more “compassionate” system, and political capitalists who want to enjoy the fruits of success without bearing the pain of failure. They use the coercion of the state to gain privileges, at the expense of everyone else.
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Posted in Business, Economics & Finance, Political Philosophy, Politics | 2 Comments »
Posted by David Foster on 22nd December 2009 (All posts by David Foster)
Nat Hentoff is a man of many talents–columnist, historian, jazz and country music critic (jazz and country music? that must be an unusual combination)–he is best known as a civil libertarian. As such, he has had his differences with all administrations. But he is particularly concerned about the behavior and attitudes of the current one.
Read this interview for his reasons.
Posted in Civil Liberties, Politics, USA | 1 Comment »
Posted by David Foster on 20th December 2009 (All posts by David Foster)
Here’s the great French scientist Sadi Carnot, writing in 1824:
To take away England’s steam engines to-day would amount to robbing her of her iron and coal, to drying up her sources of wealth, to ruining her means of prosperity and destroying her great power. The destruction of her shipping, commonly regarded as her source of strength, would perhaps be less disastrous for her.
For England in 1824, substitute the United States in 2009. And for “steam engines,” substitute those power sources which use carbon-based fuels: whether generating stations burning natural gas, blast furnaces burning coke, or trucks/trains/planes/automobiles using oil derivatives. With these substitutions, Carnot’s paragraph describes the prospective impact of this administration’s energy policies: conducting a war on fossil fuels, without leveling with people about the true limitations of “alternative” energy technologies and without seriously pursuing civilian nuclear power.
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Posted in Britain, Business, Energy & Power Generation, Political Philosophy, USA | 27 Comments »
Posted by David Foster on 19th December 2009 (All posts by David Foster)
In recent years, there’s been a lot of talk about computing technology as a potential enabler of major cost reductions and quality improvements for healthcare.
A recent study by the Harvard Medical School suggests that results with hospital computer systems so far are disappointing, to put it mildly.
Posted in Health Care, Management, Tech | 4 Comments »