Tumbling in Albany, NY, USA

Feb 10

In the traditional model of the competitive economy, recovery from any lapse is not really essential. As one firm loses out in the competitive struggle, its market share is taken up and its factors are hired by others, including newcomers; in the upshot, total resources may well be better allocated. With this picture in mind, the economist can afford to watch lapses of any one of his patients (such as business firms) with far greater equanimity than either the moralist who is convinced of the intrinsic worth of every one of his patients (individuals) or the political scientist who patient (the state) is unique and irreplaceable.

Having accounted for the economist’s unconcern we can immediately question its justification: for the image of the economy as a fully competitive system where changes in the fortunes of individual firms are exclusively caused by basic shifts of comparative advantage is surely a defective representation of the real world.

Albert O. Hirschman, Exit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and States, 1970, 2.

Feb 9
Kathy Nartdacci, Instagram

Kathy Nartdacci, Instagram

Feb 2

Jan 30
“‘You p-p-persist in your error, my son,’ Father Joe tells him. ‘Contemptus does not mean “contempt”. It means “detachment”.’” Piers Paul Read, review of Tony Hendra, Father Joe.

“The saints themselves do not perform miracles: this is done by God at their request.” Piers Paul Read, Do Miracles Happen?

“Reading is a means of thinking with another person’s mind; it forces you to stretch your own…For learning purposes there is no substitute for one human mind meeting another on the page of a well-written book.” Charles Scribner, Jr., quoted in Charles Scribner III, F. Scott Fitzgerald: A Personal Perspective

Jan 28
“Pagan temples, reflecting ancient worship, proclaimed their sacredness externally: the exteriors, facing the public, were sheathed in marble columns and adorned with relief sculpture brightly painted. The Christian basilicas, by contrast, were designed to house congregations that assembled inside to worship their God in a participatory fashion. Hence the rows of magnificent marble columns were moved inside to reinforce the ceremonial procession from entrance to altar, while the wall surfaces were dematerialized by glowing mosaics and frescoes and punctuated by windows to illuminate this New Jerusalem, a symbolic heaven on earth.” Charles Scribner III, Catholic Themes in Art and Music.

“Sometimes you have to have a lot of life behind you in order to be simple. If I give you very simple answers it is not because I have only lived five minutes, you know.” Elisabeth Schwarzkopf, quoted in Charles Scribner III, A Pilgrimage to Schruns: Elisabeth Schwarzkopf at Ninety

Jan 26

Jan 20