“Invisible Art” Goes for $1 Million at Auction
Click here.
The open-for-inspection half-way home for my writing…
“Invisible Art” Goes for $1 Million at Auction
Click here.
Cape May, New Jersey
I came across this photo of Cape May, New Jersey. This was not my image of the Jersey shore. I’ve never been Cape May, but it sparked a desire to see it.
Cape May bills itself as “the nation’s oldest seaside resort.” I did some googling and, indeed, it looks to be a town built of gingerbread-trimmed Victorian buildings. A weekend there will “bring you back to vacations of yesteryear,” the advertising says.
I’m willing to believe that. When I get there, I’ll be looking forward to enjoying…
* Walking along the beachfront promenade
* Passing by the brightly painted seaside houses with rocking-chair-lined porches
* Sightseeing in Cape May Harbor
* Window shopping in the boutiques and galleries along Washington Street Mall
“Obsessive introspection is a symptom of anxiety. But it is also a cause. Unless resisted, the two can become a self-consuming cycle.” – Michael Masterson.
A philomath (FIL-oh-math) – from the Ancient Greek – is a scholar, a lover of learning. As used by Sydney George Fisher in The True Benjamin Franklin: “There was a rival [to ‘Poor Richard’s Almanack’] of which the philomath was Titan Leeds.”
Meg Loeks, a photographer, shows you how to frame creative, vintage-styled “everyday” family moments with these she did of her five children. Click here.
Some Say Liberals and Conservatives Have Different Core Values, and That’s What Separates Them. Is That True?
I watched a TED Talk last week that promoted an idea that’s become popular in recent years among a certain faction of social scientists. The speaker argued that liberals and conservatives have different political views because they have different core emotional values. Liberals value openness and flexibility. Conservatives care more about vigilance and security.
When I was a young wannabe, I would have agreed. Favoring free love and legal marijuana, I saw myself as open and flexible. Moreover, I viewed my parents, and the rest of their generation, as “stiffs.” (That was the term we used.)
That pseudo-psychological assessment provided me with two levels of pride. I felt intellectually superior to my elders, and I felt proud of my willingness to tolerate them.
When I grew out of childhood, I had to abandon childish things. Including that specious sense of superiority. I continued to value openness and flexibility, but I had to give equal credit to caution and security.
I do believe that, as a group, conservatives tend to value stability and tradition. But I don’t believe they are always less open or less flexible.
As for the liberals, those I know are open in their willingness to criticize and condemn conservatives. But they are shockingly close-minded when it comes to conservative ideas.
A related myth about conservatives and liberals is that liberals are more open and flexible when it comes to sharing their wealth. In fact, all of the studies that I’ve seen (including the one below) show that conservatives give more to charity on a per capita, per income, and per net-worth basis.
A third myth about the core psychological traits of liberals vs. conservatives is that the latter promote fear to sell their political ideas, whereas liberals sell hope and optimism. But, once again, the evidence doesn’t support this claim. A recent example is the political response to the pandemic. In that case, it was the liberals selling fear and the conservatives arguing against it.
Those are the facts. And that’s how I see it. Let me know your thoughts. In the meantime, click here for another TED Talk I watched not long after watching the first one. This one, I thought, was a bit broader in topic, deeper in thoughtfulness, and generally more interesting.
How Political Ideology Influences Philanthropy
Many issues seem to divide Democrats and Republicans, and new research has found one more: philanthropy.
According to a study I saw in The New York Times (of all places!), red counties, which are overwhelmingly Republican, tend to report higher charitable contributions than Democratic-dominated blue counties.
The study was conducted by four professors from four universities and was published in the academic journal Nonprofit and Voluntary Sector Quarterly. They used a county-by-county examination of tax returns in 2012 and 2013 as the basis of their research, and created a model to interpret the data. To focus on the effect that party affiliation has on philanthropy, they controlled for certain variables, including education, income, race, region, and religion.
The result: The more Republican a county is, the more its residents report charitable contributions.
Toothless: The Real Effect of the Economic Sanctions on Russia
Earlier this month, the Central Bank of Russia raised its benchmark rate from 9.5% to 20% – the highest in almost 20 years. The purpose: defending the ruble against international sanctions, which have knocked it down to its lowest point in more than 20 years.
The Biden administration is touting this as a win. The problem with that: Russia is also demanding that its customers (which include most of Europe) pay for its oil in rubles. That means the French and Germans that depend so heavily on Russian oil will have to exchange their euros at the new rate. It makes the cost to them the same as it was prior to the Ukraine invasion, and the profit to Russia roughly the same as well.
From Bloomberg: “What’s become clear is that despite an incredibly wide-ranging package of sanctions on the Russian government and its oligarchs, and an exodus of foreign businesses, the actions are largely toothless if foreigners keep guzzling Russian oil and natural gas – supporting the ruble by stocking Putin’s coffers.”
What is an NFT really worth?
The tweet above was Jack Dorsey’s first NFT. In March 2021, during the early days of the NFT boom, it sold for $2.9 million.
Early this month, the owner, Sina Estavi, listed it for $48 million, promising to give half of that to charity. “Why not give 99% of it,” Dorsey quipped.
Two weeks later, the highest bid was for $280. It now stands at $12,000. If sold at that price, it would be a 99% loss in value.
Jonathan Perkins, cofounder of the NFT platform SuperRare, commented: “There has been a lot of experimentation in the space, and I think we’re running up against the boundaries of speculation.”
Greg Isenberg, CEO of the web3 design firm Late Checkout, had a different take. “This wasn’t a real sale,” he said. “There are only several buyers for something as big as this, and the listing price was unrealistic. Serious buyers wouldn’t bid on this. I didn’t.”
My take: Both comments are true.
The tweet above was Jack Dorsey’s first NFT. In March 2021, during the early days of the NFT boom, it sold for $2.9 million.
Early this month, the owner, Sina Estavi, listed it for $48 million, promising to give half of that to charity. “Why not give 99% of it,” Dorsey quipped.
Two weeks later, the highest bid was for $280. It now stands at $12,000. If sold at that price, it would be a 99% loss in value.
Jonathan Perkins, cofounder of the NFT platform SuperRare, commented: “There has been a lot of experimentation in the space, and I think we’re running up against the boundaries of speculation.”
Greg Isenberg, CEO of the web3 design firm Late Checkout, had a different take. “This wasn’t a real sale,” he said. “There are only several buyers for something as big as this, and the listing price was unrealistic. Serious buyers wouldn’t bid on this. I didn’t.”
My take: Both comments are true.
Chateau Marmont
Chateau Marmont is one of our favorite hotels when we’re in LA. It’s well located and provides for a bit of vintage Hollywood charm. The building is stately, large, and beautiful, hidden from the hoi polloi mucking about Sunset Boulevard by a large hedge.
What We Like About Chateau Marmont
* Location: It’s in the center of old Hollywood.
* Design: The outside is a gothic castle; the interior décor is retro 40s.
* The bar: Classic cocktails and Humphrey-Bogart ambiance.
* The lobby: Quaint, lush, welcoming.
* The rooms: Spacious, with good views of the boulevard.
* The service: Professional and deferential.
What We Don’t Like
I can’t think of anything.