Friday, November 16, 2007

Stepping from the title to the first lines [of a poem] is like stepping into a canoe. A lot of things can go wrong.

--- poet Billy Collins, quoted in a Poetry Foundation profile, itself quoting a 1999 New York Times article by Bruce Weber.

As quoted on the Poetry Foundation site:

"I have one reader in mind, someone who is in the room with me, and who I'm talking to, and I want to make sure I don't talk too fast, or too glibly. Usually I try to create a hospitable tone at the beginning of a poem. Stepping from the title to the first lines is like stepping into a canoe. A lot of things can go wrong."

Government remains the paramount area of folly because it is there that men seek power over others – only to lose it over themselves.

--- Barbara Tuchman, The March of Folly: From Troy to Vietnam, Ballantine Books, New York, 1984, p. 382

In analyzing history do not be too profound, for often the causes are quite superficial

--- Ralph Waldo Emerson, Journals, 1820-72, Boston, 1909-14, IV, 160, cited by Barbara Tuchman in The March of Folly: From Troy to Vietnam, New York, 1984, p. 23

Tuchman comments: "This is a factor usually overlooked by political scientists who, in discussing the nature of power, always treat it, even when negatively, with immense respect. They fail to see it as sometimes a matter of ordinary men walking into water over their heads, acting unwisely or foolishly or perversely as people in ordinary circumstances frequently do. The trappings of power deceive us, endowing the possessor with a quality larger than life."

Wednesday, November 07, 2007

As elegant as modern econometrics has become, it is not up to the task of delivering policy prescriptions

--- banker and regulator Alan Greenspan, in his memoir The Age of Turbulence, quoted in a BusinessWeek book review, 1 October 2007

In context, in the BW review:

But equally important—and far less noticed—is Greenspan's disdain for academic economics. "As elegant as modern-day econometrics has become, it is not up to the task of delivering policy prescriptions," Greenspan writes. "The world economy has become too complex and interlinked." Indeed, academic economists are virtually nonexistent in the book. Greenspan's successor, Princeton University economist Ben Bernanke, is mentioned only once, in a photo caption.

Tuesday, November 06, 2007

Government is a reality of life. Denying it is just letting your biases influence your business judgment

--- MCI founder Bill McGowan, quoted by Stephen Keating in Cutthroat: High stakes and Killer Moves on the Electronic Frontier (1999), p. 147, citing a Washington Post Magazine article by Greg Critser, 6/16/96

[Al Gore] never had great political instincts. He did have a keen sense for opportunities that might make headlines

--- Mike Kopp, Gore’s former press secretary, quoted by Stephen Keating in Cutthroat: High stakes and Killer Moves on the Electronic Frontier (1999), p. 97

Quote in context:

“We never operated from a political strategy, we just chased opportunities,” said Mike Kopp, Gore’s former press secretary. “If you look at a list of his hearings, it was all over the map. It was like a buffet he was sampling. We tried to do that on a presidential level and it was a different game. He never had great political instincts. He did have a keen sense for opportunities that might make headlines.”

Wisdom and knowledge are not the same, and speech dominated by intellectual knowledge hardly ever contains wisdom

--- Ayya Khema, "Come and See for Yourself: The Buddhist Path to Happiness," Windhorse Publications 2002, p. 147

Quote in context:

"A certain satisfaction with our abilities can be skilful, but the pride that suggests to us we have more knowledge or ability than other people serves only to leave us even more separate from others than before. If we relate in this way, the language of the heart is suppressed because we are coming only from the logical intellect which is often devoid of the qualities of the heart. This is why spiritual pride impedes those who have acquired a lot of knowledge. Wisdom and knowledge are not the same, and speech dominated by intellectual knowledge hardly ever contains wisdom. Knowledge is helpful only if it can be put into action. Think a bit less and act a bit more! Teresa of Avila said, ‘Stop thinking so much; start loving more!’"