Monday, August 2, 2010
Against the Fall of Night
Sunday, August 1, 2010
Back from the greatest camp ever
I spent afternoons at camp engrossed in a book called The Greatest Trade Ever, about John Paulson and his short-trading of credit derivative swaps against collateralized debt obligations during the crash of 2007-2008. The author, Gregory Zuckerman, writes for the Wall Street Journal and is an excellent story-teller, to the point of drawing out the action perhaps more than needed to be done to make a book of adequate length. The main points of "suspense" in the book, given that we as readers already knew that the protagonists' biggest uncertainty (whether there'd be a crash) had been resolved by ensuing events known to all, was whether they'd figure out how to make money off of their analysis and expectations. The three elements that needed to conjoin for that to happen were the design of an instrument (the product that would allow investors to profit if housing crashed), finding lots of counterparties (which turned out to be banks who wanted to maintain the apparent value of their investment portfolios on their books), and timing (not getting in too early, but getting in earlier than others). All in all, a book to restore my faith in markets in the face of their most egregious failures,
Sunday, July 25, 2010
The Rational Optimist
Saturday, July 10, 2010
Slayer of Gods
Friday, July 9, 2010
The Soros Lectures
Saturday, March 6, 2010
Friday, October 2, 2009
The Interrogative Mood
Monday, September 28, 2009
Decision making under uncertainty
Although I made my decision to go to
I had been taking classes at the local community college in
Thursday, September 10, 2009
John Prine
The evening’s dinner offered me a model of Johnstonian conviviality: food and conversation around common tables, then an extended after-dinner sitting around listening to guys playing their guitars. They were singing what I would later learn to John Prine songs. That the songs were ones I’d not heard before gave them a power over me they’d certainly not have had otherwise: for all I could tell, the guys performing, who had the outdoors look, moustaches and denim jackets, and had girls hanging by their sides, were singing their own songs. Psychologically, if not at the level of common sense, that’s how I must have interpreted the performance.
Wednesday, September 9, 2009
Encouragement
What I remember from my visit to
Thursday, August 6, 2009
Of Prodigies and Pseudos
However much I might doubt the value of the SAT test, there seemed no other way for me to demonstrate my intelligence, either its current extant or its aptitudes. Thus I found myself in the fortunate position of being a National Merit scholar, with a scholarship that itself represented more money than I’d ever seen in one place, and at the same time expressing my interest in schools that offered radical critiques of the conventional educational models. To put it bluntly, I presented myself to Johnston as a young prodigy, just as I had done all through junior high and high school, ever since learning the fantastic advantages of being just a year ahead of all my classmates in math class, back in the seventh grade.
Sunday, July 26, 2009
The intermediate range
There is an intermediate range between the child who is perceived to have no special talent, and the child whose talent is such that it must be brought to the attention of a wider public. In that range I found myself, full of potential in my own eyes and in the eyes of some of the adults responsible for getting me through high school. No extraordinary efforts had been required of me. I knew no foreign languages, played no instruments, had not gone beyond calculus, had never written anything publication-worthy. But the multiple-choice game of the SAT test (actually the PSAT, and then the SAT) opened the door to higher education to me in a way no positive effort did or would have done: by virtue of my percentile ranking (which depended, obviously, on the population of willing test-takers I was one member of) I became a "National Merit Scholar." The cash award associated with that quasi-achievement was on the order of a thousand dollars, but I discovered in the process of applying for financial aid at Johnston (my parents having no more than a few hundred dollars saved for the education of any of their six children) the pleasures of "leverage": the thousand dollar scholarship translated into a full board and tuition grant at Johnston for my first year there, a multiplier of about five on the original award. The door was opened for me to a kind of experience I'd never imagined as anything but cinema.
Thursday, July 9, 2009
Tutankhamen and the Golden Age of the Pharaohs
Tuesday, July 7, 2009
Radical influences
I first visited
Friday, June 19, 2009
Back from Mendocino
Friday, April 3, 2009
The great forgetting
Wednesday, April 1, 2009
A third explanation
A third explanation is closely related to the previous two, and seems the most likely to me as I write. It’s that in the first place, I wasn’t really paying very close attention to much of my reading because of the richness of the fabric of the nonliterary experiences to which I was being exposed for the first time (including, during my second year, daily exposure to certain substances at times when I might otherwise have been engaged in sober thought). And in the second place, I really didn’t do all that much reading, and little if any of the difficult variety, because much of the focus of my “academic” life at Johnston was itself experiential, consisting as it did of classes in poetry-writing, drama, and experiential psychotherapeutic exercise, with my forays into literature and philosophy confined to the lighter classes on offer. Others at
Sunday, March 29, 2009
A second explanation
A second explanation for the library of Johnston textbooks lost to conscious memory is that the missing books really weren’t very good or important, and that this is in fact demonstrated by my inability to remember anything from them of a substantive nature or applicable to my recollection of my life at the time. This hypothesis grants a wondrous power of judgment and discernment to the mechanics of my remembering, and gives my unformed eighteen-year-old mind the great tribute of presuming it capable of understanding anything of significance that might have passed before it on paper.
Saturday, March 28, 2009
Possible Explanations (the First)
Several possible explanations for the lacunae in my readings at Johnston as now recollected occur to me. The most obvious is just that over thirty years have gone by, and that’s long enough to bury most memories under the sheer volume of succeeding events, even if those events consist largely of getting up in the morning, going to work, and having a couple of beers in the evening. The hope contained in this first hypothesis is that only a Proustian catalyst is required to bring back the lost memories whole and having a freshness which the stories I’ve told and re-told myself in the meantime are wholly lacking.
Thursday, March 26, 2009
Archaeology of Knowledge
Between 1975 and 1977 I attended
But in setting out my list, I discover that I’ve forgotten many if not most of the books I read in classes, especially the ones that would lend this exercise a certain kind of intellectual credibility. What remains are for the most part either books that were best-sellers in 1976 and 1977, and justified in classes either by instructors or students like myself for their “relevance,” or more abstruse works that are the most obvious displays of the period’s intellectual fashion (post-structuralism rolling steadily into deconstructionism). I find no foundational texts, nor even rigorous surveys of the fields of my interests except perhaps for Northrop Frye’s Anatomy of Criticism.
Sunday, November 16, 2008
The Black Hole Wars
Thursday, November 6, 2008
Nixonland
Tuesday, October 21, 2008
On Chesil Beach
Saturday, January 12, 2008
The Plot Against America
When I finally did give the book another try, I found it enjoyable and deep, though it still carries the baggage of Roth's trying to imagine a different route through the years leading to and through World War II. But over and above all of that "political" stuff (and it is by no means "political" in the formulaic way most politically correct fiction is now -- it's not, for example, an attempt to directly parallel a fictitious Lindbergh fascist presidency to Bush's terms in office) The Plot Against America reads as a memoir, of a time and place, and of a child's understanding of what his parents are and what they are able to do in the world, for themselves and to protect him. The book is an absolutely essential counterpoint to all the other pictures Roth has given of his parents, many of them comic and seemingly unsympathetic. Here he finds the heroic in the imagined actions of his father and mother under circumstances that never happened -- but what if they had? I tried to make the case to Jenny after reading this book that much of Philip Roth's moral vision has to do not with what people actually end up doing, but what they have the potential to do -- a potential that can only be explored through the medium of fiction, and best through the expanse of something like a novel, where the full case in all its ambiguity can be made.
Friday, January 11, 2008
On the Difficulty of Starting Again
Tuesday, November 13, 2007
Cate Blanchett as Elizabeth
Sunday, November 11, 2007
Our famous doctor
Saturday, November 10, 2007
White Chalk
Friday, November 9, 2007
Back to Monterey for a day
Thursday, November 8, 2007
Before the Dawn
Anyway, Wade is ever anxious to point out the ways in which concepts like "race" actually do have scientific validity. His game seems to be to go over areas that touch on a lot of political sensitivities and see whether anything explosive, and yet "proven" by some combination of genetic evidence and probabilistic reasoning (which is never made explicit enough to be understood in the book itself), can be drawn out of applying natural selection to modern human history. Whereas an author like Klein is always willing to describe the paucity of evidence involved in getting to the prevailing view of human history, Wade always leans toward a sophisticated version of "the scientists tell you so" when discussing why a particular scientist's view is or is not orthodox, confirmable, or based on evidence that is still in a state of flux. Wade's book left a bad taste in my mouth, as much as I appreciate and agree with his foremost argument, which is that the idea that natural selection stopped when human culture arose is absurd.