Key to Hayek’s campaign was the conviction that policy flowed from the general attitudes, beliefs, and worldview of what he terms “secondhand dealers in ideas.”1 What these people believe today, Hayek maintains, will determine policy in 10-20 years. Secondhand dealers in ideas are not experts in the ideas they peddle; they care less about particulars than the grand sweep of things. Libertarians failed to make way against the midcentury socialist tide, Hayek maintains, because they had nothing to offer these people. They offered stale orthodoxies of an earlier age and saw politics mostly as a wonkish scheme of adjustment at the edges.

Labels: education, politics

First they store the BIOS on the SSDs so if they die, you can't boot off of a new drive. Then sometimes the SSDs actually destroy the motherboards due to bad design. Amazing.

Labels: technology

I started at this article about Horatio Alger but ended up on this very interesting article on the differences between industrialist and capitalist CEOs, the US having a deficit of people who have gotten their hands dirty and want to build new things to improve the world. It touches on the insane stupidity of IBM management who

instead of plowing profits back into their business, have plowed $200 billion into paper—its stock. In so doing, they have fractured the stakeholder foundation of one of the strongest corporations in the United States of America. Their actions have set a standard despised by Henry Ford and most every industrialist who built this country.

A microcosom of so many others who destroyed the businesses entrusted to them.

Labels: economics

If you need to read the acts of the council and your Latin isn't so bonum

Labels: catholic