Galen’s Prophecy

Jerome Kagan (1994)

JeromeKagan_GalensProphecyIt would be easy, flipping casually through the pages of Kagan’s book, or glancing at its table of contents, to underestimate the profoundness that lies within.  And indeed, most of the book constitutes a rather densely written account of studies into the difference between inhibited and uninhibited children.

But to me, Galen’s Prophecy holds deep seeds of implication to philosophy and our understanding of human nature.  I will attempt a summary of both.

Have you ever wondered which, if any, attributes of any particular person’s behaviour or psychology are immutable, and which are pliable?  Which of your own personality traits you are potentially able to change, and which traits will remain with you to your dying days?  Although easily obscured amongst dense psychological and neurological detail, this is the very question that motivates Kagan in his work, and accounts for the books subtitle, ‘Temperament in Human Nature’.  ‘Temperament’, by Kagan’s now widely adopted definition, refers to that constellation of attributes that individuals are just stuck with.  A touchy subject, of course – not least becomes it lays the groundwork for organising people into neat categories.

Philosophically, the concept of the category is hugely interesting to me – and the present context is certainly no exception!  There are also real implications here for how we set about thinking about personality and behaviour.  Consider, as a teaser, how different it is to be living in a world populated with discrete groups or clusters of behaviour, rather than one in which individuals’ traits occupy positions along linear continua.

The Ascent of Money

Niall Ferguson (2008)

NiallFerguson_TheAscentOfMoneyAn account of the rise and evolution of modern finance.

Proviso: I’ve been warned about Ferguson: “a lot of people have a lot of bad things to say about Ferguson and his hard money and American Empire (as a continuation of the British Empire) loving views. See http://www.theatlantic.com/business/archive/2012/08/the-age-of-niallism-ferguson-and-the-post-fact-world/261395/ & http://noahpinionblog.blogspot.co.uk/2012/08/niall-british-empire-is-over-accept-it.html for a flavour.”

Dead Aid

Dambisa Moyo (2009)

DambisaMoyo_DeadAidA sustained attack on Western aid to Africa.  Not only has aid been largely impotent, asserts Moyo, it has done actual harm.

Many will disagree, but I happen to feel that it being written by a Zambian counts for something.  The experience of truly having lived in the ‘developing world’ is one that too few influential development economists share.  It’s one reason (there are many others) why, when then likes of Ha-Joon Chang and Dambisa Moyo talk development economics, attention is warranted.

Moyo prescribes a whole-hearted embrace of private-sector finance, and is enthusiastic about China’s business-oriented approach to Africa.

Wealth, Virtual Wealth and Debt

Frederick Soddy (1926)

“Money is now a form of national debt, owned by the individual and owed by the community, exchangeable on demand for wealth by transference to another individual. Its value or purchasing power is not directly determined by any positive or existing quantity of wealth, but by the negative quantity, or deficit of wealth, the ownership and enjoyment of which is voluntarily abstained from without the payment of interest, by the owners of the money, to suit their individual business and domestic affairs and convenience.”

Soddy’s first nine conclusions worth quoting at length, I reckon: Continue reading Wealth, Virtual Wealth and Debt