“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 … Continue Reading »
“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.
February 24, 2008 – 6:41 am
Everything grew easily where I grew up. In the long Southern California seasons of sun and moderate warmth, there was no challenge.
I suspect, looking back, that such gardening ease actually produced a glory of flowering plants, but there are only two in my childhood memory: zinnias and nasturiums. When I was eight, I planted … Continue Reading »
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.