While I think one has to be careful about giving the poor a pass for immoral behavior because they are poor — a tendency the religious left tends to have, as if poverty, or relative poverty, conferred innocence — it is also true that the religious right tends to overlook greed when it manifests among the “respectable” upper classes. We see the insane wafflemaker frenzy at Wal-mart and rightly are revolted. But how is the greed so nakedly on display there worse than the greedy frenzy that has taken place, and regularly takes place, on Wall Street? If we are going to condemn the greed of the poor and lower middle class on Black Friday, we had better be sure to hold the wealthy to higher standards. And vice versa. Greed is greed is greed.
Kahneman never grapples philosophically with the nature of rationality. He does, however, supply a fascinating account of what might be taken to be its goal: happiness. What does it mean to be happy? When Kahneman first took up this question, in the mid 1990s, most happiness research relied on asking people how satisfied they were with their life on the whole. But such retrospective assessments depend on memory, which is notoriously unreliable. What if, instead, a person’s actual experience of pleasure or pain could be sampled from moment to moment, and then summed up over time? Kahneman calls this “experienced” well-being, as opposed to the “remembered” well-being that researchers had relied upon. And he found that these two measures of happiness diverge in surprising ways. What makes the “experiencing self” happy is not the same as what makes the “remembering self” happy. In particular, the remembering self does not care about duration — how long a pleasant or unpleasant experience lasts. Rather, it retrospectively rates an experience by the peak level of pain or pleasure in the course of the experience, and by the way the experience ends.
This last example suggests why the J.F.K. cult matters — because its myths still shape how we interpret politics today. We confuse charisma with competence, rhetoric with results, celebrity with genuine achievement. We find convenient scapegoats for national tragedies, and let our personal icons escape the blame. And we imagine that the worst evils can be blamed exclusively on subterranean demons, rather than on the follies that often flow from fine words and high ideals.
We shall see where this goes, but in the meantime the Via Meadia advice to investment banks, hedge funds, government officials and others trying to read the tea leaves of world unrest is simple: make sure that among your prognosticators and analysts you include a few strong liberal arts generalists with a strong background in European history from the Renaissance forward. The modernization process got its start in Europe and the nascent Anglosphere, and the history of those societies provides valuable clues to the forces now unleashed on a wider world.
Walter Russell Mead, Via Meadia (via wwnorton)
It was said of Socrates, that he brought philosophy down from heaven to inhabit among men; and I shall be ambitious to have it said of me, that I have brought philosophy out of closets and libraries, schools and colleges, to dwell in clubs and assemblies, at tea-tables and in coffee houses.
As a writer of science fiction — a label he tried strenuously to shed, not wanting his books to be shelved in the genre ghetto — [Vonnegut] was curiously blasé, even antagonistic, about the moon landing on July 20, 1969. On a broadcast with Walter Cronkite, Gloria Steinem and others, he dissed the entire enterprise and reiterated his view that the $33 billion should have been spent “cleaning up our filthy colonies here on Earth.” The avuncular Cronkite let it go, but CBS was swamped with furious letters. (For the record, many of the writers felt that Steinem too had been “un-American.”)
Christopher Buckley. So on what grounds does one assume that a writer of science fiction is supposed to support the U.S. space program? Do writers sign some sort of pledge when they produce SF novels to cheerlead for moon shots, and I’ve just been unaware of this?

This song does my soul good. The great Martin Simpson, “Pretty Crowing Chicken.”

Bodhidharma’s alleged interview with the Emperor Wu of Liang is typical of his abrupt and direct manner. For the Emperor described all that he had done to promote the practice of Buddhism, and asked what merit he had gained thereby — taking the popular view that Buddhism is a gradual accumulation of merit through good deeds, leading to better and better circumstances in future lives, and finally to nirvana. But Bodhidharma replied, “No merit whatever!” This so undermined the Emperor’s idea of Buddhism that he asked, “What, then, is the sacred doctrine’s first principle?” Bodhidharma replied, “It’s just empty; there’s nothing sacred.” “Who, then, are you,” said the Emperor, “to stand before us?” “I don’t know.”
Alan Watts, The Way of Zen
It is likely that one day we will know much more about how economies work (or fail to work) by understanding better the physical structures that underlie brain functioning. Those structures—networks of neurons that communicate with each other via axons and dendrites—underlie the familiar analogy of the brain to a computer—networks of transistors that communicate with each other via electric wires. The economy is the next analogy: a network of people who communicate with each other via electronic and other connections.

The brain, the computer, and the economy: All three are devices whose purpose is to solve fundamental information problems in coordinating the activities of individual units (neurons, transistors, or people). As we improve our understanding of the problems that any one of these devices solves—and how it overcomes obstacles in doing so—we learn something valuable about all three.

Today, however, a new breed of young intellectual historian is aiming to integrate the spirit of “history from below” with an approach that doesn’t chop American history off at the neck. Young intellectual historians, scholars at the conference were quick to emphasize, have fully absorbed the lessons of the profession’s increased attention to questions of race, class and gender, without losing hold of the premise that ideas matter, even in a culture that still considers “intellectual” a term of abuse.

“We still want to talk about ideas, but we see ideas everywhere,” said Andrew Hartman, a professor at Illinois State University and president of the newly formed Society for U.S. Intellectual History, which sponsored the conference. “Big ideas affect everybody. It’s not elitist to talk about them.”

Embattled Intellectual Historians Make a Stand - NYTimes.com. I hope this is a real movement, because basically the history of ideas is the only thing I’ve ever done. Well, you know, professionally.