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hiatus

I’m still here philosophising, counselling, writing… just tending other fields so long…

Taishun tending the fields

Utagawa Kuniyoshi (1797-1861) 24 Paragons of Filial Piety: Taishun Tending the Fields Assisted by Elephants, 1840. Oban yoko-e.

 

QA 22 (Mar-Apr 10). Three book reviews (2)

Nurtureshock: Why everything we think about raising our children is wrong
Po Bronson & Ashley Merryman
Ebury Press

Reviewed by Helen Douglas (Cape Times, 12 February 2010)

It’s a close call to say whether Nurtureshock manages to be more informative than it is annoying. The first irritant has to be the subtitle. To whom is this meant to appeal? Insecure parents who are ready to think the worst of themselves? Shame on you!

Once safely past the cover, the book’s premise is straightforward. Parents naturally want to nurture and protect their children, but much of their thinking is “polluted by a hodgepodge of wishful thinking, moralistic biases, contagious fads, personal history and old (disproven) psychology”. Bronson and Merryman, regular contributors to New York Magazine, want to set us straight with this survey of the latest research from the “fascinating new science of children”. Continue reading

QA 19. (Nov 09) What’s fundamental?

From the Cape Times, 1 December 2009, in their series on “The Next Economy”

No wonder they can’t fix it: it doesn’t exist

Helen Douglas

It’s another day in the global financial crisis and I’m looking at the front page of Business Report: “Worse still to come, says economist”. The article offers three expert opinions. One says that the global economy could face a second dip as a result of recent massive injections of liquidity. Another sees a threat in South Africa’s reliance on exports. The third is hopeful the current recovery will be sustained.

On SAfm’s Market Update, they speak confidently of corrections, profit taking, sideways adjustments and – my favourite – the dead cat bounce. Yesterday the analyst said that prices had fallen because “traders were nervous”. Why were they nervous? “No, it’s a herd thing,” he laughs. “They’ll sell first and make up a reason later.” He’s equally frank today why the market has rallied. He doesn’t know – but he’ll “take it”.

Such are the specialists who report on the performance of the economy. They have two things in common. First, their analysis is not very reliable. Second, they all work primarily in the financial sector. This is the sector that, internationally, has caused all the trouble. Can somebody tell me why we’re still listening almost exclusively to them? Why share prices are the measure of everything?

Look. See. This emperor is stark naked. His counsellors are blinkered or blind. These economists (and financial journalists) didn’t see the crisis coming and they don’t know the way out. The empire’s treasury has been stripped by bandits who are laughing all the way to the bailed-out bank. Even Joseph Stiglitz says so. Continue reading