“It is the private trading of complex instruments that lurk in the financial shadows that worries regulators and Wall Street and that [has] created stresses in the broader economy. Economic downturns and panics have occurred before, of course. Few, however, have posed such a serious threat to the entire financial system that regulators have responded [...]
Category Archives: Philosophy
Craft vs. Creativity
March 2, 2008 – 12:41 am
“With the coming of the Industrial Revolution, craftsmanship dissolved miserably into creativity.” Thus spoke the cooper in his shop beside the flour mill, with no correction possible.
Mount St. Helena
February 14, 2008 – 10:08 am
I have, in my dotage, become a Peripatetic (derived from Greek… literally “ones walking around”). The Peripatetic School was founded by Aristotle in 335 BC, so I am far from a charter member, but as with philosophy, striding about—especially to high places—affords one a wider view of the world.
