Another way to spend a Sunday afternoon…

“The first thing to know is that the mind isn’t a mirror, or even a passive observer of reality. Much of what we think of as being out there actually comes from in here, and is a byproduct of how the brain processes sensation.”

Boston.com – Ideas – Globe

Teachers…

 

“For one thing, the realization that today’s best teachers can become global celebrities is going to boost the caliber of those who teach. For the first time in many years it’s possible to imagine ambitious, brilliant 18-year-olds putting ‘teacher’ at the top of their career choice list. Indeed the very definition of “great teacher” will expand, as numerous others outside the profession with the ability to communicate important ideas find a new incentive to make that talent available to the world. Additionally every existing teacher can greatly amplify their own abilities by inviting into their classroom, on video, the world’s greatest scientists, visionaries and tutors. (Can a teacher inspire over video? Absolutely. We hear jaw-dropping stories of this every day.)”

THE WORLD QUESTION CENTER 2009 — Page 2

 

How Porsche hacked the financial system and made a killing…

Fantastic article…

“On paper, Porsche made between €30-40 billion in the affair. Once all is said and done, the actual profit is closer to some €6-12 billion. To put those numbers in perspective, Porsche’s revenue for the whole year of 2006 was a bit over €7 billion.

 

Porsche’s move took three years of careful maneuvering. It was darkly brilliant, a wealth transfer ingeniously conceived like few we’ve ever seen. Betting the right way, Porsche roiled the financial markets and took the hedge funds for a fortune.”

ivan krsti? · code culture » How Porsche hacked the financial system and made a killing

Stopped by its own weight…

If there is one thing that I hate; its being told that something is inevitable…

“I first encountered the Chicago theory in law school. The Chicagoists somehow read into law a market efficiency component that was never there. I recoiled against it — not because of the libertarianism, which I embraced. Rather, it seemed a backdoor way to circumvent democracy, and force into the legal system rules that were never debated, voted on, or agreed to by a representative government. I found the extremist legal theories of Judges like Richard Posner and Frank Easterbrook intellectually repulsive. They were undemocratic, anti-representative government. When I told a professor that the law and economics movement was an attempt at a political coup, he laughed and said, try to stop it.”

RIP Chicago School of Economics: 1976-2008 | The Big Picture

Random thoughts…