‘Until the day when God shall deign to reveal the future to man, all human wisdom is summed up in these two words, – “Wait and hope”.’
- Alexandre Dumas, The Count of Monte Cristo
‘A prison cell, in which one waits, hopes… and is completely dependent on the fact that the door of freedom has to [...]
Archive for November, 2008
First Sunday in Advent
Posted in Sunday Quotes, tagged Alexandre Dumas, Charles Wesley, Dietrich Bonhoeffer, The Count of Monte Cristo on November 30, 2008 | Leave a Comment »
Thanksgiving in Missouri
Posted in Family, tagged Family, Jacob, Missouri, Thanksgiving on November 29, 2008 | 2 Comments »
We’re all just back from Republic, Missouri, where we spent Jacob’s first Thanksgiving at the home of his great-grandparents and great-aunt. Highlights of the trip: a visit to the original Bass Pro Shop in Springfield, a tour of the home in Mansfield where Laura Ingalls Wilder wrote all of the Little House books, [...]
Reign of Christ
Posted in Sunday Quotes, tagged Alan Lewis, Bruce McCormack on November 23, 2008 | 2 Comments »
‘…[W]ith their unseeing eyes, the Romans had rightly perceived a radical and dangerous subversion… an aspiration for the world more revolutionary, a disturbance of the status quo more seismic, an allegiance more disloyal, a menace more intimidating, than any program which simply meets force with force and matches loveless injustice with loveless vengeance. Here is [...]
Luigi Zingales is helpful.
Posted in Economics, tagged bailout, bankruptcy, financial crisis, GM, Luigi Zingales, VoxEU.org on November 19, 2008 | Leave a Comment »
I’ve been finding VoxEU.org a very good source of timely analysis of all the recent economic goings-on. If you haven’t already taken a look at the free e-book they published with advice for G20 leaders, for instance, it’s worth a read. And today, Luigi Zingales of the University of Chicago continues a series of strong [...]
The internet is destroying our social capital.
Posted in Cambridge, tagged Cambridge, coordination game, Harvard Square, Out of Town News on November 19, 2008 | Leave a Comment »
OK, that might be an exaggeration.
In my first game theory course we talked about games of coordination, including ones in which two players could coordinate their actions without being able to talk to each other if there were one particularly salient strategy that stood out as the ‘obvious’ one. If I were to tell you, [...]
Twenty-seventh Sunday after Pentecost
Posted in Sunday Quotes, tagged Alexander Schmemann, Harry Frankfurt, Louis A. Ruprecht Jr. on November 16, 2008 | Leave a Comment »
‘…We must resist the temptation to speak of reconciliation; we must, if we are to be honest with ourselves, resist any “blessed rage” for order, or closure, in human life. In order to take our own fragility seriously enough, in order to dwell long enough with the reality of human suffering, we must simply accept [...]
The gift that keeps on giving
Posted in Economics, tagged GM, James Surowiecki, Lehman Bros., moral hazard on November 11, 2008 | 3 Comments »
James Surowiecki makes (another) good point:
Do We Have to Save G.M. Because We Let Lehman Fail?
While I fully understand the arguments against bailing out General Motors and Ford, I also think at this point letting them go under would have a devastating impact on both the financial markets and the real economy. And that means, [...]