The Old Continent(s?)

At present, I am sitting in the bar of an old hotel in Lisbon, nursing a drink while my beloved has a pot of tea. Over the last couple of days, we have walked all over this city.

Europe is the cradle of Western Civilization; it is breathtakingly beautiful and its inhabitants have refined the enjoyment of life’s physical delights to a high art. Even so, its present state saddens me: Europe is tired.

For those who have money and live here or, like us, are just passing through, life is still beautiful, but whole countries look backward with nostalgia and forward with concern.

Europe’s native populations have opted for the illusions of security – personal and societal – provided by their local governments and the EU – over grander visions and more sustaining values.

For most Western Europeans,...

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The Big Walk

The posts below describe The Big Walk – from Grand Central Terminal to Old Lyme, CT – in sequential order.

These posts differ slightly from the ones I wrote each day after walking for six or seven hours. I have cleaned up the typos, added a few interesting details, and cut a bit here and there to make the original posts fit more smoothly into one continuous narrative.

Day One (7/26/14)

TBW2

Walid, yours truly and Vinny

Vinny, Walid and I had a great day today. We walked from Grand Central Terminal to my home in southern Westchester County – roughly 18 miles by the circuitous route that we followed through midtown, Harlem, the neighborhoods of northwestern Manhattan and the central and northeastern sections of the Bronx.

Everything worked...

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The Internet, Life as We Know It, and Christmas

The Internet is a tool of astonishing power, but it is not an unmixed blessing.

Its dangers were prefigured with amazing prescience in the 1940s by Tolkien’s palantir. Like a palantir, the web exerts a powerful draw by offering us the ability to see whatever we wish; but, also as when using a palantir, we are watched as well as watchers: the web tracks us and subtly guides what we see. It gives us the illusion of control, while denying us the reality of physical human contact. Its world is a shadow of our own.

The Internet is a two dimensional world, but we live in three dimensions (or rather, four, including the great limiter, time)...

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Trust

Trust is far more important than law.

Think of it: how many times have you sued somebody, or been sued? Have you ever been arrested? Each of us interacts with many others in numerous ways every day, and recourse to the law is exceptionally rare. Our actions may be constrained by certain laws; but usually they are far more limited by the expectations of those with whom we are dealing.

If you were unwilling to trust others, it would be next to impossible to accomplish anything. Once, when I was a young banker, I was asked to hand deliver a package containing $10 million in fully negotiable securities to a major corporate customer...

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