Effort Reflects Interest Quotes

Mountains should be climbed with as little effort as possible and without desire. The reality of your own nature should determine the speed. If you become restless, speed up. If you become winded, slow down. You climb the mountain in an equilibrium between restlessness and exhaustion. Then, when you’re no longer thinking ahead, each footstep isn’t just a means to an end but a unique event in itself. This leaf has jagged edges. This rock looks loose. From this place the snow is less visible, even though closer. These are things you should notice anyway. To live only for some future goal is shallow. It’s the sides of the mountain which sustain life, not the top. Here’s where things grow. But of course, without the top you can’t have any sides. It’s the top that defines the sides. So on we go—we have a long way—no hurry—just one step after the next—with a little Chautauqua for entertainment -- .Mental reflection is so much more interesting than TV it’s a shame more people don’t switch over to it. They probably think what they hear is unimportant but it never is.

I have always been interested in this man. My father had a set of Tom Paine's books on the shelf at home. I must have opened the covers about the time I was 13. And I can still remember the flash of enlightenment which shone from his pages. It was a revelation, indeed, to encounter his views on political and religious matters, so different from the views of many people around us. Of course I did not understand him very well, but his sincerity and ardor made an impression upon me that nothing has ever served to lessen. I have heard it said that Paine borrowed from Montesquieu and Rousseau. Maybe he had read them both and learned something from each. I do not know. But I doubt that Paine ever borrowed a line from any man... Many a person who could not comprehend Rousseau, and would be puzzled by Montesquieu, could understand Paine as an open book. He wrote with a clarity, a sharpness of outline and exactness of speech that even a schoolboy should be able to grasp. There is nothing false, little that is subtle, and an impressive lack of the negative in Paine. He literally cried to his reader for a comprehending hour, and then filled that hour with such sagacious reasoning as we find surpassed nowhere else in American letters - seldom in any school of writing. Paine would have been the last to look upon himself as a man of letters. Liberty was the dear companion of his heart; truth in all things his object. ...we, perhaps, remember him best for his declaration: 'The world is my country; to do good my religion.' Again we see the spontaneous genius at work in 'The Rights of Man', and that genius busy at his favorite task - liberty. Written hurriedly and in the heat of controversy, 'The Rights of Man' yet compares favorably with classical models, and in some places rises to vaulting heights. Its appearance outmatched events attending Burke's effort in his 'Reflections'. Instantly the English public caught hold of this new contribution. It was more than a defense of liberty; it was a world declaration of what Paine had declared before in the Colonies. His reasoning was so cogent, his command of the subject so broad, that his legion of enemies found it hard to answer him. 'Tom Paine is quite right,' said Pitt, the Prime Minister, 'but if I were to encourage his views we should have a bloody revolution.' Here we see the progressive quality of Paine's genius at its best. 'The Rights of Man' amplified and reasserted what already had been said in 'Common Sense', with now a greater force and the power of a maturing mind. Just when Paine was at the height of his renown, an indictment for treason confronted him. About the same time he was elected a member of the Revolutionary Assembly and escaped to France. So little did he know of the French tongue that addresses to his constituents had to be translated by an interpreter. But he sat in the assembly. Shrinking from the guillotine, he encountered Robespierre's enmity, and presently found himself in prison, facing that dread instrument. But his imprisonment was fertile. Already he had written the first part of 'The Age of Reason' and now turned his time to the latter part. Presently his second escape cheated Robespierre of vengeance, and in the course of events 'The Age of Reason' appeared. Instantly it became a source of contention which still endures. Paine returned to the United States a little broken, and went to live at his home in New Rochelle - a public gift. Many of his old companions in the struggle for liberty avoided him, and he was publicly condemned by the unthinking. {The Philosophy of Paine, June 7, 1925}

We are all familiar with intellectuals who speak only on behalf of their country, class, religion, 'race,' 'gender,' or 'sexual orientation,' and who shape their opinions according to what they take to be the interest of their affinity of birth or predilection. But the distinctive feature of the liberal intellectual in past times was precisely the striving for universality; not the unworldly or disingenuous denial of sectional identification but the sustained effort to transcend that identification in search of truth or the general interest. . . . In today's America, neoconservatives generate brutish policies for which liberals provide the ethical fig leaf. There really is no other diifference between them.

Don't be fooled again! Pay attention, someone's effort is a reflection of someone's interest in you. This above all should be the gauge of your effort! Stop giving more than you get!

Modern society is in a state of turbulence brought about, in large part, by political efforts to maintain static, equilibrium conditions; practices that interfere with the ceaseless processes of change that provide the fluctuating order upon which any creative system—such as the marketplace—depends. Institutions, being ends in themselves, have trained us to resist change and favor the status quo; to insist upon the certain and the concrete and to dismiss the uncertain and the fanciful; and to embrace security and fear risk. Life, on the other hand is change, is adaptation, creativity, and novelty. But creativity has always depended upon a fascination with the mysterious, and an appreciation for the kinds of questions that reveal more than answers can ever provide. When creative processes become subordinated to preserving established interests; when the glorification of systems takes priority over the sanctity of individual lives, societies begin to lose their life-sustaining vibrancy and may collapse.

All children everywhere will become more skilled in those pursuits that engage their interests and their efforts and that are valued by adults and peers in their environment. Skill develops not only in areas of vocation and avocation but also in the simple activities of living—telling stories, estimating large numbers, handling disputes, instructing a younger person. Which areas show the most improvement, and how rapidly the improvement occurs, will reflect the accidents of culture and individual, but a steady improvement, at least for a while, can be counted upon.

During the onset of the Industrial Revolution in Eastern Massachusetts, mid-nineteenth century, there happened to be a very lively press run by working people, young women in the factories, artisans in the mills, and so on. They had their own press that was very interesting, very widely read and had a lot of support. And they bitterly condemned the way the industrial system was taking away their freedom and liberty and imposing on them rigid hierarchical structures that they didn’t want. One of their main complaints was what they called “the new spirit of the age: gain wealth forgetting all but self.” For 150 years there have been massive efforts to try to impose “the new spirit of the age” on people. But it’s so inhuman that there’s a lot of resistance, and it continues.

There is a misconception held by many Egyptian professionals, especially engineers, that informal housing is haphazardly constructed and liable to collapse. However, such precarious housing is almost unknown in informal areas. Since informal housing is overwhelmingly owner-built without use of formal contractors, it is in the owner’s own best interest to ensure that care is taken in construction. In fact, one of the main features of informal housing construction is its high structural quality, reflecting the substantial financial resources and tremendous efforts that owners devote to these buildings. It is worth noting that in the 1992 earthquake in Cairo, practically all building collapses and the resulting fatalities occurred not in informal areas, but either in dilapidated historic parts of the city or informal areas…where apartment blocks had been constructed by (sometimes) unscrupulous developers and contractors.

However people sincerely call on me, I come to them and fulfill their hearts’ desires. They use many paths to reach me. It might sound philosophical, but we can make it a little clearer by saying that God, the Supreme One, the Incarnation, is not a person. Then what is God? Simplest to understand is that God is the peace in us. We are born with joy. We are peace and joy personified. We are purity personified. Unfortunately we seem to be ignoring that. We’re ignorant of our own true nature. So we run after things to make us happy and to find peace. Behind all our efforts, our basic motive is to find happiness and thus to find peace. All our actions are for that good. They need not be religious. We’re all working toward that happiness. Even all these wars, fights and competition are ways people look for happiness. Even when people steal things, they think they’re going to be happy by stealing. So the ultimate motive behind all our actions is to find that joy and peace. That’s what Krishna means when he says, “Whatever people do, ultimately their interest is in me.” When he says “me,” it means that peace: “I am that joy. I am eternal. Unfortunately many don’t realize that I, as peace, am already there in them.” Sometimes you put on your earrings and then forget them. Then you spend hours pulling out all the drawers until somebody comes, pinches your ears and says, “Here they are.” It’s the same way spiritually. Peace, or your true Self, is something subjective. You look about for it outside of you as some object, something different from you. That’s why you miss it. If occasionally you seem to be enjoying some happiness or peace, that’s nothing but a reflection of your own peace within.

The key point here is Macaulay’s belief that “knowledge and reflection” on the part of the Hindus, especially the Brahmanas, would cause them to give up their age-old belief in anything Vedic in favor of Christianity. The purpose was to turn the strength of Hindu intellectuals against their own kind by utilizing their commitment to scholarship in uprooting their own tradition, which Macaulay viewed as nothing more than superstitions. His plan was to educate the Hindus to become Christians and turn them into collaborators. He persisted with this idea for fifteen years until he found the money and the right man for turning his utopian idea into reality. He needed someone who would translate and interpret the Vedic texts in such a way that the newly educated Indian elite would see the superiority of the Bible and choose that over everything else. Upon his return to England, after a good deal of effort he found a talented but impoverished young German Vedic scholar by name Friedrich Max Muller who was willing to take on the arduous job. Macaulay used his influence with the East India Company to find funds for Max Muller’s translation of the Rig Veda. Though an ardent German nationalist, Max Muller agreed for the sake of Christianity to work for the East India Company, which in reality meant the British Government of India. He also badly needed a major sponsor for his ambitious plans, which he felt he had at last found. The fact is that Max Muller was paid by the East India Company to further its colonial aims, and worked in cooperation with others who were motivated by the superiority of the German race through the white Aryan race theory. This was the genesis of his great enterprise, translating the Rig Veda with Sayana's commentary and the editing of the fifty-volume Sacred Books of the East. In this way, there can be no doubt regarding Max Muller’s initial aim and commitment to converting Indians to Christianity. Writing to his wife in 1866 he observed: “It [the Rig Veda] is the root of their religion and to show them what the root is, I feel sure, is the only way of uprooting all that has sprung from it during the last three thousand years.” Two years later he also wrote the Duke of Argyle, then acting Secretary of State for India: “The ancient religion of India is doomed. And if Christianity does not take its place, whose fault will it be?” This makes it very clear that Max Muller was an agent of the British government paid to advance its colonial interests. Nonetheless, he still remained an ardent German nationalist even while working in England. This helps explain why he used his position as a recognized Vedic and Sanskrit scholar to promote the idea of the “Aryan race” and the “Aryan nation,” a theory amongst a certain class of so-called scholars, which has maintained its influence even until today.

I quickly learned that the congressional delegation from Alaska was deeply committed to the oil industry and other commercial interests, and senatorial courtesy prevented other members from disputing with Senators Ted Stevens (Republican) and Mike Gravel (Democrat) over a matter involving their home state. Former Idaho governor Cecil Andrus, my secretary of interior, and I began to study the history of the controversy and maps of the disputed areas, and I flew over some of them a few times. Environmental groups and most indigenous natives were my allies, but professional hunters, loggers, fishers, and the Chambers of Commerce were aligned with the oil companies. All the odds were against us until Cecil discovered an ancient law, the Antiquities Act of 1906, which permitted a president to set aside an area for “the protection of objects of historic and scientific interest,” such as Indian burial grounds, artifacts, or perhaps an ancient church building or the site of a famous battle. We decided to use this authority to set aside for preservation large areas of Alaska as national monuments, and eventually we had included more than 56 million acres (larger than the state of Minnesota). This gave me the bargaining chip I needed, and I was able to prevail in the subsequent debates. My efforts were extremely unpopular in Alaska, and I had to have extra security on my visits. I remember that there was a state fair where people threw baseballs at two targets to plunge a clown into a tank of water. My face was on one target and Iran’s Ayatollah Khomeini’s on the other, and few people threw at the Ayatollah’s.

As a nine-year-old, the circadian rhythm would have the child asleep by around nine p.m., driven in part by the rising tide of melatonin at this time in children. By the time that same individual has reached sixteen years of age, their circadian rhythm has undergone a dramatic shift forward in its cycling phase. The rising tide of melatonin, and the instruction of darkness and sleep, is many hours away. As a consequence, the sixteen-year-old will usually have no interest in sleeping at nine p.m. Instead, peak wakefulness is usually still in play at that hour. By the time the parents are getting tired, as their circadian rhythms take a downturn and melatonin release instructs sleep—perhaps around ten or eleven p.m., their teenager can still be wide awake. A few more hours must pass before the circadian rhythm of a teenage brain begins to shut down alertness and allow for easy, sound sleep to begin. This, of course, leads to much angst and frustration for all parties involved on the back end of sleep. Parents want their teenager to be awake at a “reasonable” hour of the morning. Teenagers, on the other hand, having only been capable of initiating sleep some hours after their parents, can still be in their trough of the circadian downswing. Like an animal prematurely wrenched out of hibernation too early, the adolescent brain still needs more sleep and more time to complete the circadian cycle before it can operate efficiently, without grogginess. If this remains perplexing to parents, a different way to frame and perhaps appreciate the mismatch is this: asking your teenage son or daughter to go to bed and fall asleep at ten p.m. is the circadian equivalent of asking you, their parent, to go to sleep at seven or eight p.m. No matter how loud you enunciate the order, no matter how much that teenager truly wishes to obey your instruction, and no matter what amount of willed effort is applied by either of the two parties, the circadian rhythm of a teenager will not be miraculously coaxed into a change. Furthermore, asking that same teenager to wake up at seven the next morning and function with intellect, grace, and good mood is the equivalent of asking you, their parent, to do the same at four or five a.m. Sadly, neither society nor our parental attitudes are well designed to appreciate or accept that teenagers need more sleep than adults, and that they are biologically wired to obtain that sleep at a different time from their parents. It’s very understandable for parents to feel frustrated in this way, since they believe that their teenager’s sleep patterns reflect a conscious choice and not a biological edict. But non-volitional, non-negotiable, and strongly biological they are. We parents would be wise to accept this fact, and to embrace it, encourage it, and praise it, lest we wish our own children to suffer developmental brain abnormalities or force a raised risk of mental illness upon them.

Reflecting a long-standing schism within the profession, which persists into the twenty-first century, RASSW argued that “a dichotomy exists within NASW between” social activists and clinical practitioners, which is exacerbated by the promotion of licensing. When all social services are threatened by the conservative political and ideological climate, a focus on licensing undermines the profession’s efforts to fight for “the survival and well-being of millions” (RASSW, February 1,1976, p. 3). Citing the opposition to licensing by such groups as the National Association of Black Social Workers (NABSW), RASSW asserted that efforts by NASW to promote licensing contradict its stated intent to fight racism within the social service field and were destructive of professional unity. Promoting licensing, in lieu of uniting around this struggle “is to fiddle while Rome burns” (p. 3). The paper also disputed the linkage between licensing and service quality. It added an interesting twist to the growing debate over professionalization by arguing that “under current political conditions licensure may actually decrease the accountability of social workers to their clients” (RASSW, February 1,1976, p. 5). The paper concluded that licensure neither protected nor improved service quality; rather, it divided workers and undermined their job security, as the recent attack on public education in New York City had demonstrated. Instead of fighting for licensure, RASSW proposed an alternative strategy that focused on building worker-client-labor-community coalitions and combating racism in social service agencies and other institutions.

If the gospel lacks correspondence to reality, why is it that the majority of believers never comes to terms with this? As I expressed in my opening chapter, I am convinced it is not due to a lack of intelligence. Nor is it due to a lack of goodness or noble intentions on the part of most believers. Rather, from the perspective of one who has escaped the finely tuned clutches of the Christian machinery designed to keep me in the fold, I see it primarily as a lack of courage, at least for those who have encountered good reasons for doubting. I, like most believers, experienced serious doubts as a young Christian, but I lacked the courage to pit my reservations against the authority of the church and against its fallible, humanly authored scriptures, finding it safer to submit to the supremely well-crafted, guilt-inducing tactics of apologists who assured me that all the fault lay with me and not with the divinely inspired Bible. I capitulated and managed to hold my doubts at bay for over a decade longer while serving God on the mission field. Many if not most of you have faced similar questions and misgivings about the Bible and the Christian faith, even if not to the same extent. You might be like me during my initial short-lived crises of faith: I could not bring myself to face with courage the possibility that life might not have any cosmic Meaning; that there might be no higher power to guide, protect, and provide for me; that justice might not prevail in the long run; that I might no longer be able to hold sinners accountable with the words, "Thus says the Lord"; that life ends at the grave; or that I might have followed and lead others to follow a grand mistake. I lacked the courage to face my church, family, and friends whom I feared would look upon me as a reprobate. I lacked the courage to think for myself—to accept that the virtues of humility and meekness must not be used as an excuse for failing to challenge entrenched ideas that lack sufficient evidence. In short, I preferred to squelch the seed of doubt and label it as sin rather than as healthy, critical thinking, lest it flower and make life unbearable. That I viewed my incipient doubt and disbelief as sin was no accident: the church has a powerful vested interest in keeping believers in the fold, and it will not let them go without a fight. My courage-squelching guilt or angst was the result of a concerted effort developed over the centuries to make me feel like a depraved worm, a proud and willful rebel, a traitor, a God-hater, and an enemy of all that is good. I was programmed to consider that I would be better off if I were to commit adultery or murder than if I were to abandon the one who created me and redeemed me. Without Christ I would be worse than a good-for-nothing, and, like the traitor Judas, it would have been better for me had I never been born. No wonder most believers never muster the courage to break free from this cage!

A Professional Image The image you project begins with the first phone call you make. If you feel some initial anxiety, remind yourself that other people are calling too; you are entitled to inquire as well. Be professional, giving your name and the reason for your call, and then ask the name of the appropriate person to contact. At smaller establishments, the person who answers the phone may well be the person doing the hiring, so you should project a professional image from the outset. Your phone manner, including language, tone of voice, and level of assertiveness, is reflected even in a short telephone conversation. That first phone call is what may or may not get you in the door for an interview. If you don’t conduct yourself professionally, that may be as far as it goes. For example, I once received a phone call from someone interested in a position I had advertised. The man who called about the job—who may not have realized that “the boss” himself would answer the phone—was eating as he spoke to me. If he cared so little about the position that he could not make the effort to behave professionally, how would he act on the job? It wasn’t worth my time to find out! To prepare yourself mentally for the initial phone call, determine first of all how you would like to be perceived. This behavior rehearsal exercise will help to put you in the proper frame of mind for making the call. Sit back in a comfortable chair, close your eyes, take a deep breath . . . let go. Now, use the TV screen in your head to picture yourself making the phone call. See, hear, smell, touch the scene. See yourself being confident, communicating clearly, and receiving a favorable response. Above all, you are relaxed and natural.

The dolphins spent far more time near the mirror, inspecting their reflection, when they had been visibly marked than when they had been sham marked. They seemed to recognize that the mark they saw in the mirror had been put on their own body. Since they hardly paid any attention to marks on other dolphins, it was not as if they were obsessed with marks in general. They were specifically interested in the ones on themselves. Critics complained that the dolphins in this study failed to touch their own body. or rub off the mark, as humans or apes do, but I’m not sure we should hold the absence of self-touching against an animal that lacks the anatomy for it. Until better tests have been designed, it seems safe to let dolphins join the cognitive elite of animals that recognize themselves in a mirror. Dolphins possess large brains (larger than humans, in fact), and show every sign of high intelligence. Each individual produces its own unique whistle sound by which the others recognize him or her, and there are even indications that they use these sounds to call each other “by name,” so to speak. They enjoy lifelong bonds, and reconcile after fights by means of sexy petting (much like bonobos), while males form power-seeking coalitions. They may encircle a school of herring to drive them together in a compact ball, releasing bubbles to keep them in place, after which they pick their food like fruit from a tree. With regard to the co-emergence hypothesis, it is important to note the level of dolphin altruism. Does self-awareness go hand in hand with perspective-taking, and do dolphins show the sort of targeted helping known of humans and apes? One of the oldest reports in the scientific literature concerns an incident on October 30, 1954, off the coast of Florida. During a capture expedition for a public aquarium, a stick of dynamite was set off underwater near a pod of bottlenose dolphins. As soon as one stunned victim surfaced, heavily listing, two other dolphins came to its aid: “One came up from below on each side, and placing the upper lateral part of their heads approximately beneath the pectoral fins of the injured one, they buoyed it to the surface in an apparent effort to allow it to breathe while it remained partially stunned.” The two helpers were submerged, which meant that they couldn’t breathe during their effort. The entire pod remained nearby (whereas normally they’d take off immediately after an explosion), and waited until their companion had recovered. They then all fled in a hurry, making tremendous leaps. The scientists reporting this incident added: “There is no doubt in our minds that the cooperative assistance displayed for their own species was real and deliberate.

The widespread perceptions that we were too close to financial interests were harming our efforts to craft a legislative coalition.

Writing is an effort at truth telling, but each person’s version of truth and his or her means of conveying it are unique. Writers’ talent and styles vary widely. Talent is more than merely raw ability; it also includes the quality of a person’s education, their knack for creativity, curiosity, openness to new ideas, personal experiences, and willingness to devote the time and self-discipline to their chosen field of interest. A writer’s style reflects the beating of a wild heart, the fire, and restless force to inquire. Writing style is ultimately a product of personality, praxis, and cultural history. Writing styles change throughout history because human knowledge increases with each passing era. New styles in writing and other forms of artistic expression must reflect changes in human comprehension.

The means absorb completely, and man becomes blind to the very concept of ends; indeed, even among those who make an effort at reflection, an idea grows that ends must wait upon the discovery of means. Hence proceeds a fanatical interest in the properties of matter which is psychopathic because it involves escape, substitution, and the undercurrent of anxiety which comes of knowing that the real issue has not been met.

Happiness Habits I have a series of tricks I use to try and be happier in the moment. At first, they were silly and difficult and required a lot of attention, but now some of them have become second nature. By doing them religiously, I’ve managed to increase my happiness level quite a bit. The obvious one is meditation—insight meditation. Working toward a specific purpose on it, which is to try and understand how my mind works. [7] Just being very aware in every moment. If I catch myself judging somebody, I can stop myself and say, “What’s the positive interpretation of this?” I used to get annoyed about things. Now I always look for the positive side of it. It used to take a rational effort. It used to take a few seconds for me to come up with a positive. Now I can do it sub-second. [7] I try to get more sunlight on my skin. I look up and smile. [7] Every time you catch yourself desiring something, say, “Is it so important to me I’ll be unhappy unless this goes my way?” You’re going to find with the vast majority of things it’s just not true. [7] I think dropping caffeine made me happier. It makes me more of a stable person. [7] I think working out every day made me happier. If you have peace of body, it’s easier to have peace of mind. [7] The more you judge, the more you separate yourself. You’ll feel good for an instant, because you feel good about yourself, thinking you’re better than someone. Later, you’re going to feel lonely. Then, you see negativity everywhere. The world just reflects your own feelings back at you. [77] Tell your friends you’re a happy person. Then, you’ll be forced to conform to it. You’ll have a consistency bias. You have to live up to it. Your friends will expect you to be a happy person. [5] Recover time and happiness by minimizing your use of these three smartphone apps: phone, calendar, and alarm clock. [11] The more secrets you have, the less happy you’re going to be. [11] Caught in a funk? Use meditation, music, and exercise to reset your mood. Then choose a new path to commit emotional energy for rest of day. [11] Hedonic adaptation is more powerful for man-made things (cars, houses, clothes, money) than for natural things (food, sex, exercise). [11] No exceptions—all screen activities linked to less happiness, all non-screen activities linked to more happiness. [11] A personal metric: how much of the day is spent doing things out of obligation rather than out of interest? [11] It’s the news’ job to make you anxious and angry. But its underlying scientific, economic, education, and conflict trends are positive. Stay optimistic. [11] Politics, academia, and social status are all zero-sum games. Positive-sum games create positive people. [11] Increase serotonin in the brain without drugs: Sunlight, exercise, positive thinking, and tryptophan.

This is the same Oprah-inspired question we need to ask ourselves: Am I listening and hearing the difference between my resounding yes versus my reluctant yes and then making a concerted effort to convert my reluctant yeses to noes? A resounding yes is a true yes that gives voice to your values and priorities and reflects your preferences and best interests. As spiritualist writer Paulo Coelho wrote, “When you say yes to others, make sure you are not saying no to yourself.”27

always remember, someone's effort is a reflection of their interest in you

attack, Deep Southerners and Tidewaterites organized their resistance struggle around the one civic institution they still controlled: their churches. The evangelical churches that dominated the three southern nations proved excellent vehicles for those wishing to protect the region’s prewar social system. Unlike the dominant denominations in Yankeedom, Southern Baptists and other southern evangelicals were becoming what religious scholars have termed “Private Protestants” as opposed to the “Public Protestants” that dominated the northern nations, and whom we’ll get to in a moment. Private Protestants—Southern Baptists, Southern Methodists, and Southern Episcopalians among them—believed the world was inherently corrupt and sinful, particularly after the shocks of the Civil War. Their emphasis wasn’t on the social gospel—an effort to transform the world in preparation for Christ’s coming—but rather on personal salvation, pulling individual souls into the lifeboat of right thinking before the Rapture swept the damned away. Private Protestants had no interest in changing society but rather emphasized the need to maintain order and obedience. Slavery, aristocratic rule, and the grinding poverty of most ordinary people in the southern nations weren’t evils to be confronted but rather the reflection of a divinely sanctioned hierarchy to be maintained at all costs against the Yankee heretics. By opposing slavery, one Southern Methodist minister declared, the Yankee “was disloyal to the laws of God and man”—“a wild fanatic, an insane anarchist, a law breaker, [and] a wicked intermeddler in other men’s matters.” Since biblical passages tacitly endorsed slavery, abolitionists were proclaimed guilty of being “more humane than God.” The Episcopal bishop of Alabama,

A common Amish question in their communal decision making reflects that group’s dedication to simplicity: “What will this do to our community?” It has been suggested that such a deliberation is also a great one for the people of the world. There are two kinds of people: those who sincerely ponder this question, and those so preoccupied with other interests that they don’t consider it in their business operations, religious leadership, philosophical perspectives, or theological understandings. But the global community that is relentlessly and unevenly forming still includes a wide swath of those who have not yet joined the global community movement. For the latter group, humanitarian efforts still appear to be nothing more than political maneuverings, personal image enhancements, or financial advantages in tax benefits. A genuine commitment to improve the living conditions of the world community has not yet appeared on their radar screens as worth personal investment.

A complete meritocratic accounting of earned advantage is more expansive than this and traces income through its shallow sources back to its deep roots—to reveal that some income nominally attributed to capital in fact originates in labor and therefore should be counted as earned through effort, skill, and industry. An entrepreneur who sells founder’s shares in her firm, an executive who realizes appreciation after being paid in stock, and a hedge fund manager who gets paid a “carried interest” share of profits on funds she invests (but does not own) all report capital gains income on their tax returns. But all these types of income ultimately reflect returns to the founder’s, the executive’s, or the manager’s labor and, the meritocrat insists, are on this account earned. A similar analysis applies to pensions and owner-occupied housing. All this income is earned in a way that distinguishes it from the true capital income of the hereditary rentier who lives, at leisure, from returns on an inherited patrimony. Regardless of what the tax accounts say, therefore, accurate meritocratic accounting attributes all these types of income not to capital but to labor.

Some people suggest that being not religious does not mean that we are or will become immoral. However, faith does not argue that moral values originate solely from scriptures. There is an innate ability in our consciousness to differentiate right from wrong actions. The different approaches to life and its meaning can result in different ways of responding to moral calling. Faith not only compels and elicits pro-social behaviour, but it provides meaningful consequences for good and bad actions. Else, altruism while in poverty, anonymous charitable giving, and sacrificing one’s life in the service of humanity would seem irrational if we are just going to die after some moments in the cosmos without any absolute justice. Inaction to not help change matters is also immoral, even if not illegal. If one possesses the means and finds an opportunity to help causes by way of spending wealth, volunteering and engaging in socio-political and democratic struggle, then one should undertake every feasible effort to contribute in social well-being by looking beyond one’s self-interest.

Steve Waugh in his excellent book on the World Cup campaign of 1999, No Regrets-A Captain’s Diary, writes that he told his team that it would be a ‘no regrets tour’; that irrespective of the result, his team would leave England with their heads held high. ‘Once in England, I introduced a new title—The No Regrets Tour—which reflected what I wanted from myself and all involved. Nothing left to luck, no “what ifs” or “if onlys”, simply a concerted, full-on team effort that would maximise our chances of victory.’ Not a single player, he said, would end the campaign believing they could have done more. The idea was that every player would deliver a 100 per cent every time he took the field or attended a training session or even, interestingly, a team meeting. So you didn’t land up for a team meeting merely to listen and think about dinner while someone else was talking. If the 100 per cent therefore was good enough to win the World Cup that was excellent but if it wasn’t good enough then so be it. The team would be proud of having done the best it could. It comes back to the truth that there is no shame in losing if you have done the best you can.

There is no reason at all for thinking that the average intelligent investor, even with much devoted effort, can derive better results over the years from the purchase of growth stocks than the investment companies specializing in this area. Surely these organizations have more brains and better research facilities at their disposal than you do. Consequently we should advise against the usual type of growth-stock commitment for the enterprising investor.* This is one in which the excellent prospects are fully recognized in the market and already reflected in a current price-earnings ratio of, say, higher than 20. (For the defensive investor we suggested an upper limit of purchase price at 25 times average earnings of the past seven years. The two criteria would be about equivalent in most cases.)† The striking thing about growth stocks as a class is their tendency toward wide swings in market price. This is true of the largest and longest-established companies—such as General Electric and International Business Machines—and even more so of newer and smaller successful companies. They illustrate our thesis that the main characteristic of the stock market since 1949 has been the injection of a highly speculative element into the shares of companies which have scored the most brilliant successes, and which themselves would be entitled to a high investment rating. (Their credit standing is of the best, and they pay the lowest interest rates on their borrowings.) The investment caliber of such a company may not change over a long span of years, but the risk characteristics of its stock will depend on what happens to it in the stock market. The more enthusiastic the public grows about it, and the faster its advance as compared with the actual growth in its earnings, the riskier a proposition it becomes.

The struggle of the Union and Confederate economies to supply and support their armies thus became a reflection of the prewar antagonism between liberal democracy and slavery. The free-labor ideology of the Republican Party, with its confidence that a “harmony of interests” naturally existed between capital and labor, found convenient expression in Stanton’s decision to step back from drastic economic interventions and allow Northern capitalism to lay its own golden eggs for the war effort. The Confederacy, insensibly obeying the logic of an authoritarian labor system, conscripted, confiscated, and imposed state-ordered controls. And within that logic lay many of the seeds of the Confederacy’s destruction.

I once had a foreign exchange trader who worked for me who was an unabashed chartist. He truly believed that all the information you needed was reflected in the past history of a currency. Now it's true there can be less to consider in trading currencies than individual equities, since at least for developed country currencies it's typically not necessary to pore over their financial statements every quarter. And in my experience, currencies do exhibit sustainable trends more reliably than, say, bonds or commodities. Imbalances caused by, for example, interest rate differentials that favor one currency over another (by making it more profitable to invest in the higher-yielding one) can persist for years. Of course, another appeal of charting can be that it provides a convenient excuse to avoid having to analyze financial statements or other fundamental data. Technical analysts take their work seriously and apply themselves to it diligently, but it's also possible for a part-time technician to do his market analysis in ten minutes over coffee and a bagel. This can create the false illusion of being a very efficient worker. The FX trader I mentioned was quite happy to engage in an experiment whereby he did the trades recommended by our in-house market technician. Both shared the same commitment to charts as an under-appreciated path to market success, a belief clearly at odds with the in-house technician's avoidance of trading any actual positions so as to provide empirical proof of his insights with trading profits. When challenged, he invariably countered that managing trading positions would challenge his objectivity, as if holding a losing position would induce him to continue recommending it in spite of the chart's contrary insight. But then, why hold a losing position if it's not what the chart said? I always found debating such tortured logic a brief but entertaining use of time when lining up to get lunch in the trader's cafeteria. To the surprise of my FX trader if not to me, the technical analysis trading account was unprofitable. In explaining the result, my Kool-Aid drinking trader even accepted partial responsibility for at times misinterpreting the very information he was analyzing. It was along the lines of that he ought to have recognized the type of pattern that was evolving but stupidly interpreted the wrong shape. It was almost as if the results were not the result of the faulty religion but of the less than completely faithful practice of one of its adherents. So what use to a profit-oriented trading room is a fully committed chartist who can't be trusted even to follow the charts? At this stage I must confess that we had found ourselves in this position as a last-ditch effort on my part to salvage some profitability out of a trader I'd hired who had to this point been consistently losing money. His own market views expressed in the form of trading positions had been singularly unprofitable, so all that remained was to see how he did with somebody else's views. The experiment wasn't just intended to provide a “live ammunition” record of our in-house technician's market insights, it was my last best effort to prove that my recent hiring decision hadn't been a bad one. Sadly, his failure confirmed my earlier one and I had to fire him. All was not lost though, because he was able to transfer his unsuccessful experience as a proprietary trader into a new business advising clients on their hedge fund investments.