Perhaps, perhaps not. But when and where is even more important.
Hailed as a maths prodigy at school, Shields accepted a junior position at Merrill Lynch after studying engineering, economics and management at Oxford University because the trading room floor offered him a thrilling, dynamic environment. He was not alone: of 120 engineers in his year group at university, Shields added, only five went into engineering.
I think we should be much more cautious in attempting to direct young people’s choices beyond providing them with an education. We should feel proud of their independence of mind, remembering that supply side factors will likely win out over central planning. It is the supply side that we need to deal with, not least Putts Law. The same applies to medicine.
This personal story is worth a read for other lessons, too.
The government has instructed Health Education England to consult patients and the public on what they need from “21st century” medical graduates
It won’t end well.
No, not Pasi Salberg, but cognate.
But idealists now have another international beacon of social mobility: long live the Finnish dream, in which a 34-year-old woman who once worked in a shop can become prime minister.
“I am extremely proud of Finland. Here a poor family’s child can educate themselves and achieve their goals in life. A cashier can become even a prime minister,” tweeted Sanna Marin
Meanwhile back in the UK as the FT rightly comments:
..egregious examples of rigging the game endure: on being rejected by the voters, Zac Goldsmith is to be elevated to the House of Lords, from where he will carry on as a minister in the government of Boris Johnson, also an Etonian from a high-profile family.
Goldman [Sachs) are smart: they can rip your grandmother’s face off and make her feel good about it.
An article fit for this deceitful day by Nick Laird in the NYRB. UK education doesn’t escape from it either, but the context is Ireland or that British problem.
“I thought, if these bastards are voting Remain, I’m voting Leave.”
As for ‘identity’
An old friend of mine, a Catholic and a fellow poet from Belfast, was in New York City last week and described being told once to “check her privilege.” She had replied that the privilege her identity had given her was a mild form of PTSD. The phrase “identity politics” has a darker resonance in Northern Ireland.
Every evil act I’ve ever seen committed was done in the name of identity
“…what he read was clear proof of an Anglo-American covert operation already in the planning stage with the dual aim of undermining the social democratic institutions of the European Union and dismantling our international trading tariffs…In the post-Brexit era Britain will be desperate for increased trade with America. America will accommodate Britain’s needs, but only on terms. One such term will be a joint covert operation to obtain by persuasion — bribery and blackmail not excluded — officials, parliamentarians and opinionmakers of the European Establishment. Also to disseminate fake news on a large scale in order to aggravate existing differences between member states of the Union”
Agent Running in the Field, John le Carré
I was back in Dublin a few weeks ago for a family celebration. Then last night — on C4 I think— I was listening to an interview with Fintan O’Toole. Something stirred and below are two quotes from Brian Friel: the context may be Brexit, the reality is something much more.
As a character in Translations says, describing his own fading Gaelic world, “a civilisation can be imprisoned in a linguistic contour which no longer matches the landscape of fact”.
To remember everything is a form of madness,” warns one of Friel’s characters.
Carbon offsetting is shaping up to be the greatest mis-selling scandal since the Dominican friar Johann Tetzel sold pardons to redeem the dead. Martin Luther attacked this practice in 1517, in his 95 theses.
Five hundred years later, those of us who seek planetary redemption should reduce our carbon footprint in ways that we control — rather than relying on middlemen who may or may not plant trees. The road to hell, I seem to remember, was paved with good intentions.
Well, the Catholic church usually got there first.
Frank Davidoff had a telling phrase about clinical expertise. He likened it to “Dark Matter”. Dark Matter makes up most of the universe, but we know very little about it. In the clinical arena I have spent a lot of time reading and thinking about ‘expertise’, without developing any grand unifying themes of my own worth sharing. But we live in a world where ‘expertise’ in many domains is under assault, and I have no wise thoughts to pull together what is happening. I do however like (as ever) some nice phrases from Paul Graham. I can’t see any roadmap here just perspectives and shadows.
When experts are wrong, it’s often because they’re experts on an earlier version of the world.
Instead of trying to point yourself in the right direction, admit you have no idea what the right direction is, and try instead to be super sensitive to the winds of change.
That, across human experience, in all places and at all times, only one or two societies have unwound concentrations of income and wealth as great as [those that] plague the US today without losing in war to a foreign foe or succumbing to a domestic revolution.
Interview with Daniel Markovits
We are not a great power and never will be again. We are a great nation but if we continue to behave like a great power we shall soon cease to be a great nation.
Sir Henry Tizard, 1949.
Quoted in the LRB by Ian Gilmore (reprinted 7-11-2019)
But what lies ahead for Johnson in those uncharted waters? His best joke was not meant to be one. In November 2016 he claimed that “Brexit means Brexit and we are going to make a titanic success of it.” In this weirdly akratic moment of British history, most of those who support Johnson actually know very well that Brexit is the Titanic and that his evasive actions will be of no avail. But if the ship is going down anyway, why not have some fun with Boris on the upper deck? There is a fatalistic end-of-days pleasure in the idea of Boris doing his Churchill impressions while the iceberg looms ever closer. When things are too serious to be contemplated in sobriety, send in the clown.
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A well argued and evidence based article like this will get you nowhere. This is Britain. Better to put some bollox on a bus.
A comment from the ‘Swedish Chef’ on the FT.
Europeans may wish to opt out of the global battle for corporate domination. They may even hope that they may thus achieve a greater degree of freedom for democratic politics. But the risk is that their growing reliance on other people’s technology, the relative stagnation of the eurozone and the consequent dependence of Europe’s growth model on exports to other people’s markets will render those pretensions to autonomy quite empty. Rather than an autonomous actor, Europe risks becoming the object of other people’s capitalist corporatism. Indeed, as far as international finance is concerned, the die has already been cast. In the wake of the double crisis, Europe is out of the race. The future will be decided between the survivors of the crisis in the United States and the newcomers of Asia.44 They may choose to locate in the City of London, but after Brexit even that cannot be taken for granted. Wall Street, Hong Kong and Shanghai may simply bypass Europe.
From: ‘Crashed: How a Decade of Financial Crises Changed the World’ by Adam Tooze. This book brings to my mind Alan Kay’s comment when he was awarded the Turing Prize:’the computer revolutions hadn’t happened yet’. I don’t think we have even begun to live through the worst of the Crash (yet).