University Of Chicago Alumni

"Each community, each discourse tradition, has its own canons of intertextuality, its own principles and customs regarding which texts are most relevant to the interpretation of any one text"

"Instead of talking about meaning making as something that is done by minds, I prefer to talk about it as a social practice in a community. It is a kind of doing that is done in ways that are characteristic of a community, and its occurrence is part of what binds the community together and helps to constitute it as a community."

"Many people have been taught a social habit, a discourse, for speaking about meaning, which considers only the role of the individual organism, or the individual mind, in the process of making meanings... Mentalistic discourses, by creating a separate realm and locating meanings there, are not useful for understanding the material and social aspects of meaning-making. Mentalistic discourses depend on a common sense view of the separation of mind from body, and individual from society, which has ideological functions in our society. Particular aspects of these discourses deflect attention away from the social, cultural, historical and political dimensions of the meanings we make."

"We are constantly reading and listening to, writing and speaking, this text in the context of and against the background of other texts and other discourses."

"When I speak about discourse in general, I will usually mean the social activity of making meanings with language and other symbolic systems in some particular kind of situation or setting."

"We need a social theory that sees all social phenomena, including itself, as being partly the product of how people in a community deploy semiotic resources: how we mean, and what we mean, by every meaningful act."

"A discourse, a way of speaking, is considered less scientific, or even rendered ‘unscientific’ exactly to the extent that it includes elements either of the language of feeling or of the language of action and values."

"Protestant Reformers wanted every believer to be a priest, but they couldn’t have anticipated that anyone with an Internet connection could be a theologian."

"Theologians who drink too deeply of the cup of social disenchantment risk constructing a paper church of their own imagination. Theory, in other words, is not enough to provide an escape from the unfettered and corrosive relativism of the market. Submission to Rome is the only ecclesial reality with enough authority."

"I have rejected as idolatrous the Religion of Modern Medicine and its fundamental sacrament – vivisection. For years I have encouraged my medical students to surreptitiously photograph animal conditions in their laboratories, to keep diaries, to leak the truth to the media. This sabotage serves not only to inform the public, but also helps save the integrity – indeed, the souls – of the students. For myself, I cling to the Sabbath commandment prohibiting even animals from being worked seven days a week. Every human being whose religion is derived from the Old Testament (and Eastern religions as well) knows the laws protecting animals. Only Modern Medicine, in its arrogant idolatry, sanctions cruelty to animals as the norm."

"The authors purport to delineate sharply those essential factors which are the special attributes of "what can properly be called a utopia". (p. 3). According to their definition utopia is, first of all, fictional; secondly, it is a description or plan of a particular state or community; and, finally, its theme must be the political structure of that fictional state or community. Dr. Negley and Mr. Patrick offer an astonishing variety of "proper" utopias, all of which meet the requirements of their definition. Notable, amongst others, are Campanella's "City of the Sun" (in a new and superior translation by. William J. Gilstrap), Francis Bacon's "New Atlantis," and James Harrington's. "The Rota."..."

"Administration may possess scientific qualities, but does it have a sufficiently coherent body of knowledge to justify recognition as an independent discipline which may stand side by side with the major sciences? This issue constitutes in itself a technical problem in epistemology. However, the student of administration who wishes to establish his field of study as a scientific discipline or as a recognized profession will soon wish to inquire into this question. The broad answer seems to be that few epistemologists or philosophers consider administration as worthy of recognition as a separate science."

"It seems apparent that the circumstances of existence in modern society are in many ways more restrictive of privacy than conditions in the past; we seem haunted by specters of the organization man, Big Brother, and the omnipresent state. Yet the facts of a changing social and political structure do not themselves attest the badness of that change."

"Perhaps the last philosopher who gave any significant attention to the privacy of the individual was Jeremy Bentham; his strongly expressed view that law was an invasion of privacy that must be justified on the ground of necessary utility was somewhat, but not profoundly, modified by John Stuart Mill."

"Philosophical literature has given scant attention to the problem of privacy as such; the framework of reference within which privacy has so recently and widely become a matter of controversy is a distinctly contemporary one. What has not been discussed, or at least made clear, is why privacy is commonly considered a right or a value to be protected by the law. There is no historical consensus, in philosophy, politics, or law, that it is such a right. Few philosophers would argue that privacy is a "natural" right or that the intrinsic nature of privacy establishes it as a legal right."

"What can properly be called a utopia?"

"It seems that the best method of utilizing the sciences for purposes of analysis-and this would include the science of Administration - is to conceive of them as concentrating upon the relations existing between categories rather than as describing particular categories themselves. The various sciences or fields of investigation are not distinguished because they investigate different kinds of facts or subject matter; they differ because they have developed a specialized technique for observing different aspects of the same subject matter. A rock is an adequate subject of observation for any science whatsoever. What geology does, for example, is to restrict its observations to certain aspects of the rock; economics may look at the rock from another point-of-view, chemistry from still another, and so on through the entire range of science, Geology cannot break from the rock a fragment which is of geological interest only; the sciences are distinguished according to the viewpoint taken by each in observing the rock, not by a specific difference in content in the rock."

"In the first place, utopia literally means "no place", and the use of the fiction of an imagined or mythical state is indeed a characteristic mark of utopian writing. This primary and necessary discrimination eliminates from utopian literature all speculation the form of which indicates that it should properly be designated political philosophy or political theory."

"Administration is an activity which demands correct analysis and accurate orientation with relation to other sciences. To analyze and through analysis to understand and through understanding to make possible the final fruition of rational and creative action-this is the highest end which man can conceive for himself. The primary problem of rational activity is one of method, of organization. If society is to be ordered intelligently, the intelligence which is to serve as the ground of order cannot itself be without organization. Our knowledge must have some order, some method, or its application in ordering activity will be haphazard. It is often said that "man's reach exceeds his grasp"; but in regard to the knowledge contributed by research and analysis, it seems at present rather more appropriate to say that man's grasp greatly exceeds his reach. The pressing problem for most of us is not so much the acquisition of more knowledge as the more adequate employment and organization of the knowledge we already have."

"ANALYSIS is the recognition and description of points-of-view which can be taken in the process of thinking about a problematic situation. To discuss the analysis of action is to make at the outset some kind of distinction between analysis and action. That we normally make some such distinction is patent; we admit that "thinking doesn't make it so." Problems are not solved merely by analysis; the active implementation of analytic solutions is what is meant by control, the direction of activity by thought. Many quibbling problems might be suggested by the distinction of analysis, control, and action; but we shall proceed upon the commonsense assumption that there is a distinguishable difference between the analysis of a problem and the effort to realize a solution of that problem in activity."

"Any pattern of analysis or any system of categories for the classification of knowledge is simply a suggestion for the arrangement of the data of experience. An analysis of this experience can be made in terms of certain points-of-view, categories and sciences (including Administration)."

"Utopias are expressions of political philosophy and theory, to be sure, but they are descriptions of fictional states in which the philosophy and theory are already implemented in the institutions and procedures of the social structure."

"The excess of presumption which is implied in so grandiose a project as the "organization of knowledge" will, it is hoped, be tempered by a word of explanation. It is an explanation with admission, first, of limited aim; second, of minimum anticipation of achievement. Such an apologetic implies, however, no plea of pardon for sins of omission and commission; on these let the axe hew and the quips fall where they may."

"MAN, the thinking animal, seeks the revealing light which discloses to his curious eyes the nature of things. The ages of his history in which he learned he calls enlightened; the ages of intellectual sterility are dark. It is in the daylight that man moves and has his active being; yet there is beauty in the night, when the concealing cloak of darkness shrouds the harsh and sordid realities which appear in the penetrating light of day. Why should man not prefer to live in a world of night? Why does he not go to bed with the dawn, pull the covers over his head, and shut out the stark disillusion of a world revealed nakedly in the light?"

"Public administration is the use of managerial, political, and legal theories and processes to fulfill legislative, executive, and judicial governmental mandates for the provision of regulatory and service functions for the society as a whole or for some segments of it."

"Whereas traditional Christianity calls for the subordination of all other commitments to the commitment to God, Buddhism teaches us to give up all craving and attachment, just those aspects of the human psyche that ground economism."

"Jesus said that we could not serve both God and wealth, and it is obvious that Western society is organized in the service of wealth."

"Economism is the view that the economy is the most important part of society and that the other dimensions such as politics and education should serve it. Economism has become the ruling ideology, not because of claims of economists, but because of the decisions of political leaders, financiers, corporate leaders, and the general public."

"Schumacher ... rightly saw that in the world today Buddhism is a more potent basis for resisting the economism that rules the West and through it most of the East."

"I did, and still do, think that New Classical Economics has quite a bit in common with the Austrians (so did Robert Lucas, and I am surprised to find that I did not refer to this in the early 1980s, so I was either careless or did not know about it until a bit later)."

"Roughly speaking, Lundberg argued that Gunnar Myrdal's work has been enormously important, and noted that there was local pressure on the Nobel Prize Committee to recognize him, but wondered how it would be received abroad if this was done. (Remember that the Prize was then rather new, and Lundberg had to be careful about its reputation.) Giersch's reply was that the quality of the work surely merited the award, but maybe the politics of it would be easier if there was a joint recipient who was neither Swedish nor shared Myrdal's views – what about Hayek? That's it – is this where Hayek's prize came from, or was he already high on the list, or what?"

"The empirical successes of [the three-factor model] suggest that it is an equilibrium pricing model, a three-factor version of Merton’s (1973) intertemporal CAPM (ICAPM) or Ross’s (1976) arbitrage pricing theory (APT). In this view, SMB and HML mimic combinations of two underlying risk factors or state variables of special hedging concern to investors."

"Firms that have a high BE/ME (a low stock price relative to book value) tend to have low earnings on assets. Conversely, low BE/ME (a high stock price relative to book value) is associated with persistently high earnings."

"Our results are disturbing in that, like Fama and French (1992), they suggest that traditional measures of risk do not determine expected returns. In equilibrium asset pricing models the covariance structure of returns determines expected returns. Yet we find that variables that reliably predict the future covariance structure do not predict future returns. Our results indicate that high book-to-market stocks and stocks with low capitalizations have high average returns whether or not they have the return patterns (i.e., covariances) of other small and high book-to-market stocks. Similarly, after controlling for size and book-to-market ratios, a common share that ‘act like’ a bond (i.e., has a low market beta) has the same expected return as other common shares with high market betas."

"If assets are priced rationally, variables that are related to average returns, such as size and book-to-market equity, must proxy for sensitivity to common (shared and thus undiversifiable) risk factors in returns. The time-series regressions give direct evidence on this issue. In particular, the slopes and R2 values show whether mimicking portfolios for risk factors related to size and [book-to-market] capture shared variation in stock and bond returns not explained by other factors."

"If active managers win, it has to be at the expense of other active managers. And when you add them all up, the returns of active managers have to be literally zero, before costs. Then after costs, it's a big negative sign"

"Although size and book to market equity seem like ad hoc variables for explaining average stock returns, we have reason to expect that they proxy for common risk factors in returns."

"There is no way to predict the price of stocks and bonds over the next few days or weeks. But it is quite possible to foresee the broad course of these prices over longer periods, such as the next three to five years. These findings, which might seem both surprising and contradictory, were made and analyzed by this year’s Laureates, Eugene Fama, Lars Peter Hansen and Robert Shiller."

"The question is when is good? The answer is never."

"It is not easy to say what metaphysics is. If one looks to works in metaphysics, one finds quite different characterizations of the discipline."

"We simply must speak to each other honestly about all these hard truths. In the words of Dr. King, 'We must learn to live together as brothers or we will all perish together as fools'."

"We must account for that inheritance. And we, especially those of us who enjoy the privilege that comes with being the majority, must confront the biases that are inescapable parts of the human condition. We must speak the truth about our shortcomings as law enforcement, and fight to be better. But as a country, we must also speak the truth to ourselves. Law enforcement is not the root cause of problems in our hardest hit neighborhoods. Police officers, people of enormous courage and integrity, in the main, are in those neighborhoods, risking their lives, to protect folks from offenders who are the product of problems that will not be solved by body cameras."

"We all have work to do, hard work, challenging work, and it will take time. We all need to talk and we all need to listen, not just about easy things, but about hard things, too. Relationships are hard. Relationships require work. So let’s begin that work. It is time to start seeing one another for who and what we really are. Peace, security, and understanding are worth the effort. Thank you for listening to me today."

"Without complete and accurate data, we are left with 'ideological thunderbolts'. And that helps spark unrest and distrust and does not help us get better. Because we must get better, I intend for the FBI to be a leader in urging departments around this country to give us the facts we need for an informed discussion, the facts all of us need, to help us make sound policy and sound decisions with that information."

"The FBI tracks and publishes the number of 'justifiable homicides' reported by police departments. But, again, reporting by police departments is voluntary and not all departments participate. That means we cannot fully track the number of incidents in which force is used by police, or against police, including non-fatal encounters, which are not reported at all."

"America isn't easy. America takes work. Today, February 12, is Abraham Lincoln's birthday. He spoke at Gettysburg about a 'new birth of freedom' because we spent the first four score and seven years of our history with fellow Americans held as slaves. President Healy, his siblings, and his mother among them. We have spent the 150 years since Lincoln spoke making great progress, but along the way treating a whole lot of people of color poorly. And law enforcement was often part of that poor treatment. That's our inheritance as law enforcement and it is not all in the distant past."

"I recently listened to a thoughtful big city police chief express his frustration with that lack of reliable data. He said he didn’t know whether the Ferguson police shot one person a week, one a year, or one a century, and that in the absence of good data, “all we get are ideological thunderbolts, when what we need are ideological agnostics who use information to try to solve problems.” He’s right."

"The first step to understanding what is really going on in our communities and in our country is to gather more and better data related to those we arrest, those we confront for breaking the law and jeopardizing public safety, and those who confront us. “Data” seems a dry and boring word but, without it, we cannot understand our world and make it better."

"Not long after riots broke out in Ferguson late last summer, I asked my staff to tell me how many people shot by police were African-American in this country. I wanted to see trends. I wanted to see information. They couldn’t give it to me, and it wasn’t their fault. Demographic data regarding officer-involved shootings is not consistently reported to us through our Uniform Crime Reporting Program. Because reporting is voluntary, our data is incomplete and therefore, in the aggregate, unreliable."

"But despite this selfless service—of these two officers and countless others like them across the country—in some American communities, people view the police not as allies, but as antagonists, and think of them not with respect or gratitude, but with suspicion and distrust."