Jamesian Philosophy Refreshed

 In finance journalism, the acronym HOTS stands for "Heard on the Street," the somewhat opinionated and somewhat gossipy column made famous, and made into a mover of markets, by Dan Dorfman in the 1960s.  Someone would advance the history of this branch of journalism if he could only write a comprehensive history of this column, from its earliest days in the 1930s to and through Dorfman's day to the notorious reign there of Foster Winans in the 1980s.  Anyway, Jonathan Weil writes it now. Weil, whose expertise as a forensic accountant has long given an edge to his journalism, defends the management of Blue Owl, a large alternative asset manager that specializes in private credit.  Private credit funds typically act as non-bank lenders to mid-market businesses. Blue Owl in particular has become controversial of late for its relative illiquidity. Specifically, it has lent a lot of money to firms on the software-as-a-service (SaaS) business, also known as the app econom...

Archeologists report the discovery, on an old papyrus manuscript, of verses they attribute to Empedocles, previously unavailable to us moderns.  The finding, days ago, didn't happen out in the field in Indiana Jones fashion. It appears to have happened in an office. Specifically, at the French Institute of Oriental Archeology in Cairo. It sounds as if somebody may have done the field work years ago, but the pertinent papyrus has been stored away, significance unrecognized, and only just now has been recognized as what it is.  What IS it?  Let us start with who is the author. Empedocles is one of the pre-Socratics, generally associated (though not geographically) with the Ionians: Thales, Anaximander, etc. Like the others of that school he is -- or has until now been -- known entirely through the fragments of his work quoted by later authors. He expounded a theory of "Love" and "Strife" as two cosmic forces, the former always mixing the (four) elements, the latte...

Let us take this from the top.  Just think of two creatures: one notoriously swift of foot, the other not so.  Then think that the slower creature has a short head-start in a race.  Of course the former will catch up with and pass the later.  That is inherent in what we mean by such notions as slow and fast.  But ... what if we assume with ancient geometers that space, and so every possible distance, is infinitely divisible?  Does that throw a wrench into things?  Fast creature (Achilles) starts ten meters behind slow creature (Turtle). Achilles moves ten times as fast.  Within some period of time (we will call it a nonce), Achilles has advanced those ten meters. Ah, but Turtle has now advanced one meter, and so is still ahead.  Achilles advances THAT distance in one-tenth of a nonce.  Yet he still has not caught up, for the Turtle has by now advanced one-hundredth of a meter.  And so forth, depressingly, on and on. It is impossible...

  And it means what it says.  That's the post. 

"Since our world conditions have changed, we can do no other than to think our own thoughts about the redemptive significance of the death of Jesus and all that is connected with it, basing our thoughts, so far as possible, on the original and Primitive-Christian doctrine.  But if we undertake this task, as we needs must, we ought to make clear to ourselves what we are doing.  We ought not to bemuse ourselves with the belief that we are simply taking over the whole of the dogmatic conceptions of Jesus and of Primitive Christianity, seeing that this is, in fact, impossible.  And we ought not to regard the obscurities and contradictions, in which we find ourselves involved, as originally attaching to Christian doctrine; we ought to be clearly conscious that they arise from the transformation of the historical and Primitive-Christian concepts into concepts necessary to adapt them to a later situation.  Instead of simply being able to take over traditional material as we...

  I begin by repeating my spoiler alert from last week. This concerns the final chapters of an E.L. Doctorow novel published in 2014, the last one he published (he died the following year). IF YOU WANT TO COME TO IT FRESH, YOU WILL NOT WANT THE REVELATIONS I AM ABOUT TO MAKE!  Anyone still here?  Okay, then.  Andrew's time as a teacher at a DC high school is brief. He soon, accidentally, and in a manner I won't relate, comes to the attention of President George W. Bush.  We learn only at this point that the two knew each other -- indeed, they had been roommates at Yale as undergrads.  They had both been involved in what seem like typical frat-boy hijinks, and in at least one such instance Andrew had taken the blame to help keep the Bush family crest clean re one such hijink, involving a Bunsen burner in a Yale lab. Someone in the Bush staff gets nervous that someone like that -- someone who could tell such tales to the press corps -- is in DC. So they press...