"Look up yonder, mine own Eve!" he cries; "surely we ought to dwell among those gold-tinged clouds, or in the blue depths beyond them. I know not how nor when, but evidently we have strayed away from our home; for I see nothing hereabouts that seems to belong to us."
"Can we not ascend thither?" inquires Eve.
"Why not?" answers Adam, hopefully. "But no! Something drags us down in spite of our best efforts. Perchance we may find a path hereafter."
In the energy of new life, it appears no such impracticable feat to climb into the sky!
-- Nathaniel Hawthorne, "The New Adam and Eve," 1843.
Saturday, June 19, 2010
Friday, June 18, 2010
"And it goes back to the fundamental problem that I mentioned in the beginning of failure of alignment between private rewards and social returns. When I was on the Council of Economic Advisors, I saw that not only was the financial sector not innovative, they resisted our innovation. We came up with this idea of having inflation indexed bonds, and it was initially resisted by treasury, resisted by the financial markets. I scratched my head and I asked why. And then we figured out why. People buy these products and hold them to retirement. If you hold them to retirement you don’t make fees, because you don’t have people selling and buying them. And so for the financial sector they were disastrous. For Americans worried about the risk of inflation, they were a fantastic product."
-- Joseph Stiglitz, Roosevelt Institute Round Table, March 6, 2010.
-- Joseph Stiglitz, Roosevelt Institute Round Table, March 6, 2010.
Tuesday, March 2, 2010
"One of the things that has always stuck in my mind from my childhood addiction to science fiction was Robert Heinlein’s explanation of rocket guidance, where a special “cam” was machined to control the trajectory of a rocket every time it took off. The cam would be rotated with a constant speed and its radius at any given point would determine the average direction of the thrust. It turns out that exactly the same method is used in SCUDs."
-- Geoffrey Forden
-- Geoffrey Forden
Thursday, January 21, 2010
"Even within the political side, what makes sense from the perspective of getting re-elected often doesn't make sense from the perspective of forging a legislative coalition, as the existence of Evan Bayh and Tom Coburn constantly reminds us. (One way to be good at getting re-elected and bad at legislative politics is to undercut your own party in an effort to win over centrist voters. Another way is to energise your base by taking legislative positions so extreme they can't possibly be enacted.)"
-- The Economist "Democracy in America" blog
-- The Economist "Democracy in America" blog
Saturday, June 27, 2009
"A secondary the size Wise reported would need to fully consume 90% of its thermonuclear fuel, including the uranium, in order to produce the W-88 warhead's advertized yield of 475 kilotons. If that calculation is correct, there is little wonder the W-88 warhead is still our most modern warhead, despite its being a twenty-five year old, mid-1970s design. It would be a waste of time trying to squeeze out the last 10%. I was recently told that 1962 was the year when weapon designers 'ran out of things to invent.' A dozen years later, they apparently gave up trying."
-- Howard Morland
-- Howard Morland
Tuesday, April 14, 2009
"By this logic, the Tate-LaBianca murders are part of the damage that the Beatles did in creating the White Album."
-- Michael Leddy
-- Michael Leddy
Wednesday, November 5, 2008
"Feng says Common Cause has gotten reports about [voting district] lines being tailored for incredibly petty desires; in one case, California pols drew a legislator’s grandmother into his district, in another, they drew lines to exclude a sole voter — a pesky gadfly whom a local politician hated dealing with."
-- LA Weekly
-- LA Weekly
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