What do we want from Wall Street?
"The root of the problem, I believe, lies in the measurement of risk. The incentive to cheat always will be there as long as bankers can represent a sow's ear as a silk purse. Both managers as well as the public need to measure risk, such that they understand the way that investments or innovations add to or reduce risk."
Excerpts & Essays: The Great Books Reader
"But it only promises the breadth, not the depth, of a great books program. What you get is about fifteen pages of primary text from about 29 classics, each preceded by a brief (not much more than a page) introduction by John Mark Reynolds, and followed by an essay by a contemporary scholar whose expertise or passion relates to that classic. Excerpts and essays: It’s a good combination for an introduction."
"In modern times, hurry, bustle, and agitation have become a regular way of life for many people—so much so that we have embraced a word to describe our efforts to respond to the many pressing demands on our time: multitasking. Used for decades to describe the parallel processing abilities of computers, multitasking is now shorthand for the human attempt to do simultaneously as many things as possible, as quickly as possible, preferably marshalling the power of as many technologies as possible."
"If you aren’t yet retching with incredulity (not least at this £15k waste of taxpayers’ money on such an absurd vanity project), His Grace would like to explore the motto a little. ‘All Are Equal’ – what does it mean?"
