Via Marginal Revolution via American Affairs: ‘The Western Elite From A Chinese Perspective:’
Well, one Chinese perspective:
‘I thought I was an amazing trader. But there was a slight problem: I wanted to do the trade because I thought the market was pricing UK interest rates to go up. And when interest rates go up, UK inflation would rise mechanically due to the way it is defined and calculated. But in that year, the Bank of England didn’t raise interest rates at all. Rather, the increase in inflation was due to things like tax increases, exchange rate fluctuations, oil price moves, etc.—things I didn’t anticipate at all. It was pure luck that I made money, and I made it for the wrong reason.’
Previous links on this site: ‘Surf China’s Censored Web At An Internet Café In New York:’ From a George F Kennan article written in 1948 on China.
Interesting piece here. Our author reviews Evan Osnos’ book about his 8 years spent living on the ground in China:
Check out journalist’s Eveline Chao’s site.
Simon Blackburn at the University of Toronto discussing the minimalist or deflationist view:
‘Along comes someone like Pilate, Pontius Pilate, and says something like: ‘What is truth?’ and everybody goes sort of dizzy, and you look to the philosopher to provide a suitably abstract and highfalutin answer. The minimalist says you shouldn’t answer Pilate, or rather, if you answer Pilate, you answer should take the form of a question…which is “What are you interested in?’
So basically, you throw the question ‘What is truth?’ back until the person who’s interlocuting you… gives you an example and says ‘Well, I’m interested in whether penguins fly’ and you say ‘Okay well the truth there…the truth would consist in penguins flying…’
…that’s very disappointing:’
Alas, what were you expecting?
Blackburn on Richard Rorty here.
From Kelley Ross, who takes a step back from moral relativism and good ‘ol American Pragmatism:
‘It is characteristic of all forms of relativism that they wish to preserve for themselves the very principles that they seek to deny to others. Thus, relativism basically presents itself as a true doctrine, which means that it will logically exclude its opposites (absolutism or objectivism), but what it actually says is that no doctrines can logically exclude their opposites. It wants for itself the very thing (objectivity) that it denies exists. Logically this is called “self-referential inconsistency,” which means that you are inconsistent when it comes to considering what you are actually doing yourself. More familiarly, that is called wanting to “have your cake and eat it too.” Someone who advocates relativism, then, may just have a problem recognizing how their doctrine applies to themselves’