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April 10, 2026
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"Cambridge theories of value and distribution themselves suffer from the very malady which they hope to cure: rhetoric apart, they are deeply infected by static, equilibrium analysis of maximizing economic agents, acting with full information in a world of perfect certainty, as in the orthodoxy they deplore. … If there is something wrong with neo-classical economics – as there may well be – the Cambridge theories share all of its weaknesses and practically none of its strengths."
"Why did his interest in the concept of spontaneous order and the history of the doctrine of unintended social consequences undergo very little development after the 1960s? All of his political writings are in fact amazingly repetitious, exploring a small number of big themes which, however, are not further refined or extended in new contexts. As organizing concepts, they held, I am convinced, enormous potentialities but nevertheless Hayek himself failed to realize them."
"Hayek's career raises many puzzles and sometimes takes on the appearance of an endless trail of unresolved or only partly resolved issues."
"There were many Hayeks: Hayek, the political scientist; Hayek, the economist; Hayek, the philosopher of social science; Hayek, the psychologist. Even in these different roles, he played many parts."
"Modern economics is “sick”. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences. Economists have gradually converted the subject into a sort of social mathematics in which analytical rigor as understood in math departments is everything and empirical relevance (as understood in physics departments) is nothing. If a topic cannot be tackled by formal modelling, it is simply consigned to the intellectual underworld. To pick up a copy of American Economic Review or Economic Journal, not to mention Econometrica or Review of Economic Studies these days is to wonder whether one has landed on a strange planet in which tedium is the deliberate objective of professional publication. Economics was condemned a century ago as “the dismal science”, but the dismal science of yesterday was a lot less dismal than the soporific scholasticism of today."
"The Lange idea of managers following marginal cost-pricing rules because they are instructed to do so, while the central planning board continually alters the prices of both producer and consumer goods so as to reduce their excess demands to zero, is so administratively naive as to be positively laughable. Only those drunk on perfectly competitive, static equilibrium theory could have swallowed such nonsense. ... in all the recent calls for reform of Soviet bloc economies, no one has ever suggested that Lange was of any relevance whatsoever. And still more ironically, Lange’s “market socialism” is, on its own grounds, socialism without anything that can be called market transactions."
"Modern Austrian economists go so far as to suggest that the Walrasian approach to the problem of multimarket equilibrium is a cul de sac: if we want to understand the process of competition, rather than the equilibrium end-state achieved by competition, we must begin by discarding such static reasoning as is implied by Walrasian GE theory. I have come slowly and extremely reluctantly to the view that they are right and that we have all been wrong."
"The history of economic thought is irrepressible. It would survive even if it were banned … it would be carried on in secret in underground organizations. Many economists denigrate the history of economics as mere antiquarianism but, in fact, they have deluded ideas about the history of their own subject. After all, whenever anyone has a new idea in economics, whenever anyone hankers to start a new movement or school of thought, what is the first thing he or she does? Why, it is to rummage the attic of past ideas to establish an appropriate pedigree for the new departure. … Smith, Ricardo, Marx, Marshall and Keynes all drew on the history of economics to show that they had predecessors and forerunners; even Milton Friedman, when he launched the monetarist counterrevolution against Keynes, could not resist the temptation to quote David Hume over and again. The history of economic thought cannot be abolished and, were its study declared illegal, it would be studied in basements behind locked doors."
"Despite entries on socialism, socialist economics and market socialism, and biographical entries on Oskar Lange and Ludwig von Mises, the Socialist Calculation Debate, so crucial in the revival of general equilibrium theory and the rise of modern welfare economics in the 1930s, is nowhere discussed at length in The New Palgrave."
"Nothing is more difficult than to turn and entire discipline around, asking itself to jettison its own history over the last 200 years."
"Joan Robinson's much-awaited textbook in “modern economics” perfectly exemplifies the typical attitude of Cambridge economists to micro-economics. The whole of traditional price theory is covered in one chapter … [some] prices are formed by conventional mark-ups on prime costs, the level of the mark-up itself being left unexplained. Apart from this chapter, the book is doggedly macro-economic in treatment … A striking omission from the book is any mention of the closely related concepts of externalities and public goods, which most economists would nowadays regard as the basic ingredients of “market failure” that has come to be fruitfully applied … to problems of pollution and congestion."
"Kinetic art was created by artists who pushed the boundaries of traditional, static art forms to introduce visual experiences that would engage the audience and profoundly change the course of modern art."
"In "The Great Pretender," kinetic artist Theo Jansen shows that the concept of 'I' is merely a tool in our evolution. We need this tool to be selfish. There can be no selfishness without the I-fantasy. Since 1990, Theo Jansen has been engaged in creating new forms of life: beach animals made from yellow plastic tubing. Skeletons made from these tubes are able to walk, deriving their nutrition from the wind. They evolved over many generations, becoming increasingly adept at surviving storms and water from the sea. Theo Jansen's ultimate wish is to release herds of these animals on the shore. In reenacting Genesis, so to speak, he hopes to become wiser in his dealings with the existing nature by encountering problems the 'creator' had to face. "The Great Pretender" is a account of Jansen's experiences as God."
"The anatomy of self-propelling objects is subject to universal laws. Those of cars and animals are similar in many ways. First of all, there's the stomach. Stomachs are like petrol tanks. It takes energy to move around, and that energy must accompany its user. All self-propelling objects carry provisions with them in a sealed-off space, a stomach or a tank. Self-propelling beach animals like Animaris Percipiere have a stomach too. This consists of recycled plastic bottles containing air that can be pumped up to a high pressure by the wind."
"The walls between art and engineering exist only in our minds, and few go beyond them."
"I made virtual animals in the computer, life-forms subject to an artificial evolution. I also went walking a lot on the beach and in the streets of Scheveningen for inspiration for my columns. Since 1986 I have been writing pieces for national daily on matters that interest me. Often these are technical things, fantasies or musings."
"In the Pregluton, there were no animals of plastic tubing yet. This initial period was marked by an absence of matter. Life then consisted exclusively of dreaming about life."
"Since 1990 I have been occupied creating new forms of life. Not pollen or seeds but plastic yellow tubes are used as the basic material of this new nature. I make skeletons that are able to walk on the wind, so they don’t have to eat. Over time, these skeletons have become increasingly better at surviving the elements such as storm and water and eventually I want to put those animals out in herds on the beaches so they will live their own lives."
"The purpose of the Committee was to study and report upon the desirability and characteristics of another computer system based on Stretch technology but having a lower cost and broader market than the 7000 Sigma system. The Committee was instructed to keep an open mind in initially examining various machine possibilities both from the engineering and marketing points of view..."
"Blaauw... joined the IBM research lab at Poughkeepsie, New York, USA. During this period Blaauw became famous for his methodological manner of building computer machines. He made a difference between architecture, implementation and realization of a machine. After a couple of years working on some different machines, one of the most famous machines built by Frederick Brooks, Gerrit Blaauw and Gene Amdahl was the IBM System/360, which was introduced in 1964. IBM Board Chairman Thomas Watson, Jr. called the event the most important product announcement in the company's history."
"Practical knowledge of modularity has come largely from the computer industry. The term architecture was first used in connection with computers by the designers of the System/360: Gene M. Amdahl, Gerrit A. Blaauw, and Frederick P. Brooks."
"The term Computer Architecture was first defined in the paper by Amdahl, Blaauw and Brooks of International Business Machines (IBM) Corporation announcing IBM System/360 computer family on April 7, 1964. On that day IBM Corporation introduced, in the words of IBM spokesman, "the most important product announcement that this corporation has made in its history"."
"As usual the audience consisted mainly of professors of computing science; this time the speakers were mainly specialists in logic design: for many in the audience the exposure was a shock. At the level of component technology the change over the last fifteen years has been drastic: what used to be expressed in milliseconds is expressed in microseconds now, what used to be expressed in kilobucks is now expressed in dimes and quarters. This change has been so drastic that it is well-known. Much less known is that at the next levels, viz. of circuit design and logic design, the attention of the designers has been so fully usurped by the obligation to adapt to the ever changing technology, that at those levels design methodology has had no chance to mature from craft to scientific discipline. This is in sharp contrast to the developments in programming methodology, where during that period of fifteen years a fairly stable "base" could be enjoyed. Having witnessed that development in programming methodology at close quarters, I was overcome by the feeling of being exposed to the result of fifteen years of intellectual stagnation, and it was during Blaauw's lecture on the first afternoon that I asked my right-hand neighbour "Close your eyes, forget how you came here and guess in which year you are living."; without hesitation he came up with exactly the same year I had in mind: 1962."
"Blaauw and Brooks first develop a conceptual framework for understanding computer architecture. They then describe not only what present architectural practice is, but how it came to be so. A major theme is the early divergence and the later reconvergence of computer architectures. They examine both innovations that survived and became part of the standard computer, and the many ideas that were explored in real machines but did not survive. In describing the discards, they also address "why" these ideas did not make it"
"In this remarkable book on computer design, long-known in the field and widely used in manuscript form, Gerrit A. Blaauw and Frederick P. Brooks, Jr. provide a definitive guide and reference for practicing computer architects and for students. The book complements Brooks' recently updated classic, The Mythical Man-Month, focusing here on the design of "hardware" and there on "software," here on the "content" of computer architecture and there on the "process" of architecture design. The book's focus on "architecture" issues complements Blaauw's early work on "implementation" techniques. Having experienced most of the computer age, the authors draw heavily on their first-hand knowledge, emphasizing timeless insights and observations."
"A hardware design language should be (i) sufficiently high level, (ii) conversational, (iii) general purpose, and (iv) structured:"
"By architecture I mean 'appearance to the user' - it is the functional specification of the system (its behavioural appearance). By implementation I mean 'internal logical organisation which performs the functions specified by the architecture' and by realisation I mean 'the physical components in which the logical organisation is embodied'."
"The design of a digital system starts with the specification of the architecture of the system and continues with its implementation and its subsequent realisation... the purpose of architecture is to provide a function. Once that function is established, the purpose of implementation is to give a proper cost-performance and the purpose of realisation is to build and maintain the appropriate logical organisation."
"There always is an architecture, whether it is defined in advance - as with modern computers - or found out after the fact - as with many older computers. For architecture is determined by behavior, not by words. Therefore, the term architecture, which rightly implies the notion of the arch, or prime structure, should not be understood as the vague overall idea. Rather, the product of the computer architecture, the principle of operations manual, should contain all detail which the user can know, and sooner or later is bound to know."
"The result of the implementation, the logical design, is traditionally shown as a series of block diagrams. These blocks represent in effect a series of statements, Actually, a direct presentation of these statements is more suitable and, although less familiar, more easily understood. The Harvard Mark IV was to large degree designed and described by such statements, as has been the case with several subsequent developments."
"In computer design three levels can be distinguished: architecture, implementation and realisation; for the first of them, the following working definition is given: The architecture of a system can be defined as the functional appearance of the system to the user, its phenomenology."
"Scientific customers are traditionally less worried about reprogramming efforts than commercial customers, since many jobs are of a research nature and will be done over from time to time anyway. This is obviously true of many small and 'lone shot" problems. In practice, however, there are many more machine hours spent on production-type scientific problems than on those of research-type at most scientific computing installations. These production problems can be as rigid and static as any commercial job. The scientists responsible for production work will complain about reprogramming just as violently as an accountant will under the same circumstances."
"A study of the high-speed computer market with the intention of specifying a new computer brings forth a number of interesting observations... [An] striking feature of the market is that we seem to be close to satisfying the need for present-day uses of computers, but are standing on the threshold of a vast new area of applications. This new area can be characterized by the phrase computers which interact with the outside world. This concept is called "Integrated Data Processing", "Real-Time. Operation", "Process Control", "In-Line Operation", etc, Its characteristic feature is the ability of the computer to accept and send information directly to other devices. The use of computers in this fashion is being developed in the aircraft and missile industries . It is important to note that both scientific and commercial applications are going in this direction."
"The architecture of a system can be defined as the functional appearance of the system to the user."
"[The architecture specification covers] all functions of the machine that are observable by the program."
"The term architecture is used here to describe the attributes of a system as seen by the programmer, i.e., the conceptual structure and functional behavior, as distinct from the organization of the data flow and controls, the logical design, and the physical implementation. i. Additional details concerning the architecture,"
"We're going to hunt for Jews"
"Above all, it's creative thinking that lies at the basis of discoveries. You must dare to think differently, see things from different sides, in order to come across fortuitous new ideas frequently. You should develop even the most stupid ideas and when you do this systematically, there will always come something useful out of it."
"For although it is certainly true that quantitative measurements are of great importance, it is a grave error to suppose that the whole of experimental physics can be brought under this heading. We can start measuring only when we know what to measure: qualitative observation has to precede quantitative measurement, and by making experimental arrangements for quantitative measurements we may even eliminate the possibility of new phenomena appearing."
"Let's not be coy: you were hoping that I would satisfy all the desires you're too shy to name, or at least show you a good time. Now you hesitate, still holding on to me, but tempted to let me go."
"Watch your step. Keep your wits about you; you will need them. This city I am bringing you to is vast and intricate, and you have not been here before. You may imagine, from other stories you've read, that you know it well, but those stories flattered you, welcoming you as a friend, treating you as if you belonged. The truth is that you are an alien from another time and place altogether."
"Trust is absolutely precious, and its betrayal horrifies me. I do want readers to trust me. And yet I don't want to offer them a safe, predictable ride. The literary scene seems to be divided between "trustworthy" authors who give their fans a Big Mac that's totally unchallenging, and more ambitious authors who treat their readers with high-handed indifference. I want to earn the reader's trust while remaining unpredictable. I take the reader to some dark and emotionally uncomfortable places but never just for the sake of it. And I do care about how you're feeling on your journey. Many people have remarked on how readable and engaging they found The Crimson Petal despite its great length. That wasn't accidental. I thought very carefully about how to keep the reader intimate and awake."
"I've studied Ulysses in depth and still think it's a great and ground-breaking book, a brave and sincere trail-blazer — but also massively self-indulgent, baggy, and irritating. Joyce was a wonderful liberator, but his approach is dangerous for a writer to emulate, since he had a massive ego and was convinced that every word he wrote was sacred. Have you seen his annotated proofs? He scarcely ever deleted a word, just added screeds and screeds more stuff in the margins. He also believed that people should, and would, read novels with the same slow, studious pondering of every word and phrase that they bring to ancient scripture, which I think is a stupid thing for a storyteller to expect."
"What you lack is the right connections, and that is what I've brought you here to make: connections. A person who is worth nothing must introduce you to a person worth next-to-nothing, and that person to another, and so on and so forth until finally you can step across the threshold, almost one of the family."
"The main characters in this story, with whom you want to become intimate, are nowhere near here. They aren't expecting you; you mean nothing to them. If you think they're going to get out of their warm beds and travel miles to meet you, you are mistaken."
"James II's replacement by William III in February 1689 was one of the most decisive changes of monarch in England since the coming of the first William in 1066. Even on a personal level the change was dramatic. James II had been devotedly Catholic, blinkered and narrowly English in outlook. He was hostile to the pretensions of parliament, impatient of the restrictions that the law imposed on his powers. William, though James's nephew by blood, was anything but English in most ways. While he indulged his wife's Anglicanism, his personal sympathies lay with the starkly un-English Calvinism of the Dutch Reformed Church. His favourite friends were as foreign as his accent. His intelligence was acute and his tastes cosmopolitan. His political preoccupations were European, far removed from the average Englishman's insularity. He had no great love of representative institutions, but had learned to live with them in the United Provinces and accepted that he must do so in England."
"William III. is now termed a scoundrel, but was not James II. a fool? The character of William is generally considered on too small a scale. To estimate it properly, we must remember that Louis XIV. had formed a vast scheme of conquest, which would have overthrown the liberties of all Europe, have subjected even us to the caprice of French priests and French harlots. The extirpation of the Protestant religion, the abolition of all civil privileges, would have been the infallible consequence. I speak of this scheme not as a partisan, but from the most extensive reading and information on the topic. I say that William III. was the first, if not sole cause, of the complete ruin of this plan of tyranny. The English revolution was but a secondary object, the throne a mere step towards the altar of European liberty. William had recourse to all parties merely to serve this great end, for which he often exposed his own life in the field, and was devoured by constant cares in the cabinet."
"After Westphalia brought peace to Europe, the second half of the seventeenth century saw a further spread of resident ambassadors, with Louis XIV’s France leading the way, and French replaced Latin as the lingua franca. There was, however, still scope for summitry, for instance during Peter the Great’s tour of Western Europe in 1697–8. His meetings with William III of England helped bring Russia belatedly into the European diplomatic orbit. In due course, the czar created a “Diplomatic Chancellery” and a network of foreign embassies on the European model."
"[T]hat great religious radical, King William...intended to raise a goodly fabric of charity, of concord, and of peace, and upon which his admirers of the present day are endeavouring to build the dungeon of their Protestant Constitution. If the views and intentions of King William had been such as are now imputed to him, instead of blessing his arrival as an epoch of glory and happiness to England, we should have had reason to curse the hour when first he printed his footstep on our strand. But he came not here a bigoted polemic, with religious tracts in one hand, and civil persecution in the other; he came to regenerate and avenge the prostrate and insulted liberties of England; he came with peace and toleration on his lips, and with civil and religious liberty in his heart."
"But William knew where to pause. He outraged no national prejudice. He abolished no ancient form. He altered no venerable name. He saw that the existing institutions, possessed of the greatest capabilities of excellence, and that stronger sanctions and clearer definitions were alone required to make the practice as admirable as the theory. Thus he imparted to innovation the dignity and stability of antiquity. He transferred to a happier order of things the associations which had attached the people to their former government. As the Roman warrior, before he assaulted Veii, invoked its guardian Gods to leave its walls, and to accept the worship and patronize the cause of the besiegers; this great prince, in attacking a system of oppression, summoned to his aid the venerable principles and deeply seated feelings to which it was indebted for protection. As he avoided violent changes, he also abstained from political persecution. A powerful party had strongly and, in the house of Lords, at first successfully, opposed his elevation to the throne. Many of his ministers and generals were falsely, and some justly accused, of correspondence with his exiled competitor. The world has rarely produced a prince whom such circumstances would not have converted into a vindictive and jealous tyrant.—William did not even resort to a system of exclusion. His conduct displayed a lofty scorn of suspicion which was at once the highest magnanimity and the highest wisdom. He would see nothing.—He would believe nothing.—He fearlessly surrounded his person and his throne with pardoned enemies and calumniated friends, and thus secured the services and conciliated the affection of many whom a less generous policy would have rendered useless or treacherous. By such means was the constitution of England established."