Posted in Book Reviews, Economics on February 29th, 2008 No Comments »
Alan Greenspan’s book has a chapter titled Conundrum, in which he states that property rights are undermined by fraud and improper regulation. Looked at this way inflation destroys property rights to the extent that it differentially shifts wealth. Certainly cost externalization by corporations in the form of pollution counts as an infringement if people access […]
Posted in Current Events on February 28th, 2008 No Comments »
I would like to point out an interesting blog entry on how Credit Cards are used to steal money for terrorist activity. Click here. Makes me wonder if we need to re-architect the internet. The challenge is how to make a network that prevents destructive people from harming others without violating the freedom of the […]
Posted in Quote of the Day on February 19th, 2008 No Comments »
From the essay “Aristocracy, Democracy, and System Design”, taken from the book “The Mythical Man-Month” by Frederick P. Brooks, Jr. :
Quote from the Reims Cathedral Guidebook : “This great church is an incomparable work of art. There is neither aridity nor confusion in the tenets it sets forth…
“It is the zenith of a style, the […]
Posted in Poetry on February 9th, 2008 1 Comment »
I built my hut in a zone of human habitation,
Yet near me there sounds no noise of horse or coach,
Would you know how that is possible?
A heart that is distant creates a wilderness round it.
I pluck chrysanthemums under the estern hedge,
Then gaze long at the distant summer hills.
The mountain air is fresh at the dusk […]