Keynes on the Power of Ideas

” . . . the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas. Not, indeed, immediately, but after a certain interval; for in the field of economic and political philosophy there are not many who are influenced by new theories after they are twenty-five or thirty years of age, so that the ideas which civil servants and politicians and even agitators apply to current events are not likely to be the newest. But, soon or late, it is ideas, not vested interests, which are dangerous for good or evil.”

The last half of the last paragraph in John Maynard Keynes’s book General Theory of Employment Interest and Money. That quote has to be read and re-read slowly, reflectively, savoring the language, and the thoughts. Just read this: “Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.” Pure delight, like a sip of very fine cognac.

Storm over the Amazon

I am continuing to read E. O. Wilson’s The Diversity of Life and recently I quoted from it. Today I continue to quote some more.

The best of science doesn’t consist of mathematical models and experiments, as textbooks make it seem. Those come later. It springs fresh from a more primitive mode of though, wherein the hunter’s mind weaves ideas from old facts and fresh metaphors and the scrambled crazy images of things recently seen. To move forward is to concoct new patters of thought, which in turn dictate the design of the models and experiments. Easy to say, difficult to achieve.

Continue reading “Storm over the Amazon”

The Diversity of Life

The great entomologist E O Wilson’s The Diversity of Life (Harvard University Press, 1992) should be required reading for all who care to understand the complex web of life that we all are part of.

What is urgently needed is knowledge and a practical ethic based on a time scale longer than we are accustomed to apply. An ideal ethic is a set of rules invented to address problems so complex or stretching so far into the future as to place their solution beyond ordinary discourse. Environmental problems are innately ethical. They require vision reaching simultaneously into the short and long reaches of time. What is good for individuals and societies at this moment might easily sour ten years hence, and what seems ideal over the next several decades could ruin future generations. To choose what is best for both the near and distant futures is a hard task, often seemingly contradictory and requiring knowledge and ethical codes which for the most part are still unwritten. (page 312)

Continue reading “The Diversity of Life”

Back on the Road to Bondage

A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world’s great civilizations has been 200 years. These nations have progressed through this sequence: from bondage to spiritual faith; from spiritual faith to great courage; from courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to complacency; from complacency to apathy; from apathy to dependency; from dependency back again to bondage.

Sir Alex Fraser Tytler (1742-1813), Scottish jurist and historian, professor of Universal History at Edinburgh University.

The Prologue to Bertrand Russell’s Autobiography

What I Have Lived For

Three passions, simple but overwhelmingly strong, have governed my life: the longing for love, the search for knowledge, and unbearable pity for the suffering of mankind. These passions, like great winds, have blown me hither and thither, in a wayward course, over a great ocean of anguish, reaching to the very verge of despair.

I have sought love, first, because it brings ecstasy – ecstasy so great that I would often have sacrificed all the rest of life for a few hours of this joy. I have sought it, next, because it relieves loneliness–that terrible loneliness in which one shivering consciousness looks over the rim of the world into the cold unfathomable lifeless abyss. I have sought it finally, because in the union of love I have seen, in a mystic miniature, the prefiguring vision of the heaven that saints and poets have imagined. This is what I sought, and though it might seem too good for human life, this is what–at last–I have found.

With equal passion I have sought knowledge. I have wished to understand the hearts of men. I have wished to know why the stars shine. And I have tried to apprehend the Pythagorean power by which number holds sway above the flux. A little of this, but not much, I have achieved.

Love and knowledge, so far as they were possible, led upward toward the heavens. But always pity brought me back to earth. Echoes of cries of pain reverberate in my heart. Children in famine, victims tortured by oppressors, helpless old people a burden to their sons, and the whole world of loneliness, poverty, and pain make a mockery of what human life should be. I long to alleviate this evil, but I cannot, and I too suffer.

This has been my life. I have found it worth living, and would gladly live it again if the chance were offered me.

[Sorry for not blogging for ten whole days. Be back in a bit as soon as I am done with my ‘flu and other assorted troubles in life such as having to actually work :). In the meanwhile, if you want to waste time around here this neck of the woods, the management suggests the archives.]

Living Within Limits

Garrett Hardin’s 1968 Science paper The Tragedy of the Commons introduced many to the problem implicit in open access to common-pool resources. I believe that every thinking person must understand the tragedy of the commons because living in a world which is getting congested, we have to know the causes of our problems if we have to have a chance at solving them.

Here is Hardin within in his book Living within Limits:

… Professional publicists know there is always a good living to be made by catering to the public’s craving for optimistic reports. Such behaviour finds no justification in the attitude of the Buddha, expressed five centuries before Christ: “I teach only two things: the cause of human sorrow and the way to become free of it.” The present work, though written by a non-Buddhist, proceeds along the Buddhist path — first to reveal the causes of human sorrow in population matters and then to uncover promising ways to free ourselves of the sorrow.

Hearing the Buddha’s statement today many people think, “How depressing! Why accept such a pessimistic outlook on life?” But they are wrong: it is not a pessimistic view if we reword it in terms that are more familiar to our science-based society. Reworded: “Here is something that isn’t working right. I want to fix it, but before I can do that I have to know exactly why it doesn’t work right.” One who looks for causes before seeking remedies should not be condemned as a pessimist. In general, a great deal of looking for causes must precede the finding of remedies.

Puzzler #2

Guess who said the following and about whom?

“Throughout the 20th century small groups of men seized control of great nations, built armies and arsenals, and set out to dominate the weak and intimidate the world.”

See the comments for the answer.

To learn something

“The best thing for being sad,” replied Merlin, beginning to puff and blow, “is to learn something. That’s the only thing that never fails. You may grow old and trembling in your anatomies, you may lie awake at night listening to the disorder of your veins, you may miss your only love, you may see the world about you devastated by evil lunatics, or know your honour trampled in the sewers of baser minds. There is only one thing for it then — to learn. Learn why the world wags and what wags it. That is the only thing which the mind can never exhaust, never alienate, never be tortured by, never fear or distrust, and never dream of regretting. Learning is the only thing for you. Look what a lot of things there are to learn.”


— T.H. White, The Once and Future King

Teaching Adults to Think


Adults can be taught to think pretty much like a dog can be taught to walk upright on its hind legs. It is a nice amusing trick but does not get the dog very far. DeBono’s books are the equivalent of a dog-trainer’s handbook.

[Source: How to Think, to Fast, and to Wait.]

Swaggering Imbeciles

I have been reading and writing on the usenet for donkey’s years. It is a wonderful mine of information and an amazing sink of time. You could waste time like there is no tomorrow (or should that be the other way around?). Anyway, here is one gem from someone who writes under the pseudonym of Uncle Al.


Newly educated and semi-educated classes – social or intellectual – seek positions in government bureaucracies or social advocacy rather than in industry and commerce where competence is inarguably measured at the end of every business quarter. The growth of bureaucracies needed to absorb these swaggering imbeciles is precisely opposed to society’s growth and development both as direct philosophical enemy and as infinitely hungry sump to resources otherwise needed to support productive endeavors.

I like his expression swaggering imbeciles. Reminds me of the idiot politicians of India, especially the ruling dynasty.