Preamble:
This post was prompted by an interchange between Ginger and Doug
Comment by ginger — April 18, 2007 9:26 am
I also have to say that after watching the news yesterday and today I turned to this photo to remember “Unconfined Joy” and get out of myself and grief.
Comment by Doug Plummer — April 18, 2007 7:23 pm
Oh Ginger, your comment brings me to tears. Thank you.
and, then, Ms. Timmons’ article inspired me to one of my visionary flights that earthlings have difficulty following.
A correction, when I said ‘evil’, below, what I meant is ‘religious obsessions - Christian, Moslem or otherwise’.
I thought it an astounding development of our globe that Summers managed to convince Asia to invest in its own development rather than buy US treasury bonds and thus (my thoughts went) buy into helping to finance a bloody war.
In my naive thinking, I assumed that using resources for purposes other than war will lead to a blossoming of human culture, technologically (fighting emission, if you read Ms. Timmon’s article, you will find that Summers thought about that too), artistically (greater interchange between eastern and western art), you name it. Why shouldn’t the alternate use of money begin to transform human culture in the near future rather than only be observable 300 years from now? In the past, technological advances leading to cultural advances were often made by financing the war effort, if Summers’ further advice is also followed, similar advances will now be made by investing money into technologies that will help humanity such as fighting global warming.
What I am guilty of is entangling two different themes, (1) the enlightened idea to promote human culture by diverting money away from war with (2) poking fun at in-box-thinking (example: Nancy Hopkins; counter example: Larry Summers) and mentioning an enlightened woman, Isher Judge Ahluwalia, for company, so as not to be accused by my feminist friends to be a man in a woman’s body. Too many threads! Rule for the future, one theme per post.
There is hope for the world!
Lawrence Summers presages that intelligence will dominate over incompetence/evil (NYTimes, 04/19/2007)
300 years from now, what will be seen as the most important event of these times will not be the end of the cold war, the terrorist attacks of Sept. 11, 2001, or the war in Iraq, but “the rise of Asia and all that it meant for people in Asia and all that it meant for the world system.”
Larry Summers has time now to think globally after wasting his talents as a Harvard administrator, thanks to Nancy Hopkins, office of the provost at MIT. Earlier, as you may recall, to provoke a lively discussion in a closed-door brain storming session, Larry uttered fateful words about women in science and math. Fortunately, what he actually ended up doing was to provoke Nancy to spill the beans to the Boston Globe that delighted in disseminating misinformation (according to my reliable sources, Larry enjoys working with women and actively promoted the hiring of women faculty at Harvard).
About Larry’s role in Asia, we hear from Isher Judge Ahluwalia, the new chairperson of the Indian Council for Research on International Economic Relations (ICRIER), who obtained her Ph.D. at MIT:

“Larry is very stimulating intellectually and an ‘out of the box’ thinker”.
It is easy to imagine why Larry did not make the perfect administrator in stuffy academia
In Beijing this January, he asked hundreds of economists and policy makers at a Global Development Network conference to consider the fact that $2 trillion from developing Asia, invested in United States Treasury bills, was making a “zero real return.” Imagine instead, he said “all the opportunities in these countries for productive investment.”
…
The governments of China and India have both announced that they will invest their foreign exchange reserves in new areas, which will divert them from United States Treasury bills.
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Why put this on A&P? Larry is doing his best to promote a shift in culture within the next 300 years.