Posts Tagged ‘Renaissance’
“In the long run we are all dead”*…
Put it all in (temporal) perspective at “Here Is Today.”
* John Maynard Keynes
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As we ponder the perception of permanence, we might send polymathic birthday greetings to someone who has so far transcended time– the painter, sculptor, architect, musician, mathematician, engineer, inventor, physicist, chemist, anatomist, botanist, geologist, cartographer, and writer– the archetypical Renaissance Man– Leonardo da Vinci. Quite possibly the greatest genius of the last Millennium, he was born on this date in 1452.
Self-portrait in red chalk, circa 1512-15 [source]
“Life without industry is guilt; industry without art is brutality”*…
It is often said that art feeds the soul. But culture and the arts also fuel the economy directly: The arts contribute more than $800 billion a year to U.S. economic output, amounting to more than 4 percent of GDP.
That figure is based on detailed data from the U.S. Bureau of Economic Analysis (part of the Department of Commerce) and the National Endowment for the Arts, summarized in a report released earlier this month.The report tracks the aggregate performance of 35 key arts-and-culture fields, including broadcasting, movies, streaming, publishing, the performing arts, arts-related retail, and more…
The contribution of culture and art to the U.S. economy is bigger than the economic output of Sweden or Switzerland; learn more at “The Economic Power of American Arts and Culture.”
* John Ruskin
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As we see to our souls, we might spare a pining thought for Petrarch (Francesco Petrarca); it was on this date in 1327, after he’d given up his vocation as a priest, that he first set eyes on “Laura” in the church of Sainte-Claire d’Avignon– an encounter that awoke in him a passion that spawned the 366 poems in Il Canzoniere (“Song Book”).
Considered by many to have been “the Father of Humanism,” and reputed to have coined the term “Renaissance,” Petrarch was most famous in his time for his paeans to his idealized lover (who was, many scholars believe, Laura de Noves, the wife of Hugues de Sade). But Petrarch’s more fundamental and lasting contribution to culture came via Pietro Bembo who created the model for the modern Italian language in the 16th century largely based on the works of Petrarch (and to a lesser degree, those of Dante and Boccaccio).
Laura de Noves died on this date in 1348.
Lura de Noves
Petrarch
“No Man is wise at all Times, or is without his blind Side”*…
Lucas Cranach the Elder: Martin Luther, circa 1532; Hans Holbein the Younger: Portrait of Erasmus, 1523
Desiderius Erasmus of Rotterdam, the leading figure of the Northern Renaissance, is widely considered the greatest of early humanists. Five hundred years ago, he faced a populist uprising led by a powerful provocateur, Martin Luther, that resulted in divisions no less explosive than those we see in America and Europe today.
Between 1500 and 1515, Erasmus produced a small library of tracts, textbooks, essays, and dialogues that together offered a blueprint for a new Europe. The old Europe had been dominated by the Roman Church. It emphasized hierarchy, authority, tradition, and the performance of rituals like confession and taking communion. But a new order was emerging, marked by spreading literacy, expanding trade, growing cities, the birth of printing, and the rise of a new middle class intent on becoming not only prosperous but learned, too.
Erasmus became the most articulate spokesman for this class…
Around the same time that the Erasmians were celebrating the dawn of a new enlightened era, a very different movement was gathering in support of Martin Luther. An Augustinian friar then in his early thirties, Luther had developed his own, unique gospel, founded on the principle of faith. Man, he thought, can win divine grace not through doing good works, as the Latin Church taught, but through belief in Christ. No matter how sincerely one confessed, no matter how many alms one gave, without faith in the Savior, he reasoned, no one can be saved. When Luther made this “discovery,” in around 1515, he felt that he had become “altogether born again and had entered paradise itself through open gates.”…
Initially, Luther admired Erasmus and his efforts to reform the Church, but over time Luther’s inflammatory language and his stress on faith instead of good works led to a painful separation. The flashpoint was the debate over whether man has free will. In dueling tracts, Erasmus suggested that he does, while Luther vehemently objected; after that, the two men considered each other mortal enemies.
Beyond that immediate matter of dispute, however, their conflict represented the clash of two contrasting world views—those of the Renaissance and the Reformation. Erasmus was an internationalist who sought to establish a borderless Christian union; Luther was a nationalist who appealed to the patriotism of the German people. Where Erasmus wrote exclusively in Latin, Luther often used the vernacular, the better to reach the common man. Erasmus wanted to educate a learned caste; Luther, to evangelize the masses. For years, they waged a battle of ideas, with each seeking to win over Europe to his side, but Erasmus’s reformist and universalist creed could not match Luther’s more emotional and nationalistic one; even some of Erasmus’s closest disciples eventually defected to Luther’s camp. Erasmus became an increasingly marginal figure, scorned by both Catholics, for being too critical of the Church, and Lutherans, for being too timid. In a turbulent and polarized age, he was the archetypal reasonable liberal…
As Mark Twain is reputed to have observed, “history doesn’t repeat itself but it often rhymes”– the Renaissance vs. the Reformation: “Luther vs. Erasmus: When Populism First Eclipsed the Liberal Elite.”
* Desiderius Erasmus, The Alchymyst, in Colloquies of Erasmus, Volume I
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As we celebrate critical thinking, we might recall that it was on this date in 380 that the three Emperors of the Roman Empire issued the Edict of Thessalonica, ordering all subjects of the Empire to profess the faith of the bishops of Rome and of Alexandria, making Nicene Christianity the state religion of the Roman Empire and effectively creating “Christendom.” It ended a period of religious tolerance that had been formalized in 313 when the emperor Constantine I, together with his eastern counterpart Licinius, had issued the Edict of Milan, which granted religious toleration and freedom for persecuted Christians.
“Regulation isn’t an obstacle to thriving free markets; it’s a vital part of them”*…
30 years or so ago, your correspondent’s father-in-law dragged him along to a cocktail party in D.C. at which we encountered Bill McGowan, the then-Chairman of MCI, the alternative long-distance company that prospered as ATT’s monopoly hold on the market eroded, then evaporated. As another gentleman joined our little group, McGowan smiled archly and said, “ah, here’s my head of R&D”… then introduced us to his General Counsel.
Of course, business strategies that turn on challenging regulatory regimes, or practicing regulatory arbitrage, date back much further than MCI. Indeed, Theodore’s Vail Bargain (creating the Bell System monopoly) in the early 20th century created the status quo that McGowan (and others) later attacked.
More often than not, emerging technology has enabled (if not, indeed, driven) these regulation-challenging new entrants. So it’s no surprise that we find the marketplace today positively rife with them.
Elizabeth Pollman, of Loyola (Los Angeles) Law School, and Jordan M. Barry, of UC San Diego Law School, have studied the phenomenon…
This Article examines what we term “regulatory entrepreneurship” — pursuing a line of business in which changing the law is a significant part of the business plan. Regulatory entrepreneurship is not new, but it has become increasingly salient in recent years as companies from Airbnb to Tesla, and from DraftKings to Uber, have become agents of legal change. We document the tactics that companies have employed, including operating in legal gray areas, growing “too big to ban,” and mobilizing users for political support. Further, we theorize the business and law-related factors that foster regulatory entrepreneurship. Well-funded, scalable, and highly connected startup businesses with mass appeal have advantages, especially when they target state and local laws and litigate them in the political sphere instead of in court.
Finally, we predict that regulatory entrepreneurship will increase, driven by significant state and local policy issues, strong institutional support for startup companies, and continued technological progress that facilitates political mobilization. We explore how this could catalyze new coalitions, lower the cost of political participation, and improve policymaking. However, it could also lead to negative consequences when companies’ interests diverge from the public interest…
Further to the notion that “the Internet might provide profitable opportunities at the edges of the legal system.” see also “Strategic Law Avoidance Using the Internet: A Short History” (pdf) by Tim Wu of Columbia Law School.
[TotH to Matt Levine, whose column/newsletter “Money Stuff” is quite wonderful.]
* James Surowiecki
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As we’re careful for what we ask, we might send mannerly birthday greetings to Baldassare Castiglione; he was born on this date in 1478. A Renaissance soldier, diplomat, and author, he is most famous for The Book of the Courtier.– a prime example of the courtesy book, offering advice on and dealing with questions of the etiquette and morality of the courtier– which was enormously influential in 16th century European court circles.
Raphael’s portrait of Baldassare Castiglione
“Only connect”*…
These days everybody knows about the ampersand. It’s one of typography’s most unique and interesting characters.
Its rise to hipster fame has catapulted the ampersand from the sketchbooks of type designers onto just about every printable surface you can imagine, the variations of which seem endless. From traditional representations all the way to hyper-stylised forms that bear little resemblance to the original mark.
The varied nature of its form allows type designers a little creative freedom, and is often seen as an opportunity to inject some extra personality into a typeface. Officially classified as punctuation by todays unicode, it was in fact, once the 27th letter in the English alphabet existing as the graphical representation of the word ‘and’…
Fascinating: “The History of the Ampersand.” For a celebration of this marvelous mark, see “And Further…”
* E.M. Forster
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As we ponder plurality, we might send learned birthday greetings to Desiderius Erasmus Roterodamus, better known simply as Erasmus; he was born on this date in 1466 (though some sources place his birth two days later). A Catholic priest, social critic, teacher, translator, and theologian, probably best remembered for his book In Praise of Folly, he was the greatest scholar of the northern Renaissance, the first editor of the New Testament (“Do unto others…”), and an important figure in patristics and classical literature. Among fellow scholars and philosophers he was– and is– known as the “Prince of the Humanists.”
“The karma of humans is AI”*…
The black box… penetrable?
Already, mathematical models are being used to help determine who makes parole, who’s approved for a loan, and who gets hired for a job. If you could get access to these mathematical models, it would be possible to understand their reasoning. But banks, the military, employers, and others are now turning their attention to more complex machine-learning approaches that could make automated decision-making altogether inscrutable. Deep learning, the most common of these approaches, represents a fundamentally different way to program computers. “It is a problem that is already relevant, and it’s going to be much more relevant in the future,” says Tommi Jaakkola, a professor at MIT who works on applications of machine learning. “Whether it’s an investment decision, a medical decision, or maybe a military decision, you don’t want to just rely on a ‘black box’ method.”
There’s already an argument that being able to interrogate an AI system about how it reached its conclusions is a fundamental legal right. Starting in the summer of 2018, the European Union may require that companies be able to give users an explanation for decisions that automated systems reach. This might be impossible, even for systems that seem relatively simple on the surface, such as the apps and websites that use deep learning to serve ads or recommend songs. The computers that run those services have programmed themselves, and they have done it in ways we cannot understand. Even the engineers who build these apps cannot fully explain their behavior…
No one really knows how the most advanced algorithms do what they do. That could be a problem: “The Dark Secret at the Heart of AI.”
* Raghu Venkatesh
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As we get to know our new overlords, we might spare a thought for the painter, sculptor, architect, musician, mathematician, engineer, inventor, physicist, chemist, anatomist, botanist, geologist, cartographer, and writer– the archetypical Renaissance Man– Leonardo da Vinci. Quite possibly the greatest genius of the last Millennium, he died on this date in 1519.
Self-portrait in red chalk, circa 1512-15
“Sameness is the mother of disgust”*…
Let’s imagine we’re on a beach that’s a mile long, and on that beach there are a couple of ice cream carts…
Let’s also imagine that the ice cream sold at each cart is identical in quality and cost, so the only reason customers choose one cart over the other is when one cart is closer. Given all of that, the best location of the carts is with each cart halfway between the middle of the beach and one of the ends. In this arrangement each cart gets 50% of the customers, and no one has to walk more than 1/4 mile to get some ice cream.
But what if one of the ice cream vendors decides to move their cart a bit closer to the middle of the beach…
They are now the ice cream cart of choice for a bigger segment of the beach, and will get more business. The other ice cream cart has no choice but to retaliate…
Now once again they each serve the same percentage of the beach-going public. Since any further movement by either cart would mean a loss of business for that cart, they end up permanently side by side, in the middle of the beach, even though this is a less optimal location for their customers.
That is a simple example of something called Hotelling’s law; the tendency of competing products to end up as similar as possible…
“Producers of products and services tend to make their products and services as similar as possible to those of their competitors.” From The Laws of the Universe, the story of Hotelling’s Law.
* Petrarch
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As we nose around for niches, we might send ambitious birthday greetings to Count Giovanni Pico della Mirandola; he was born on this date in 1463. An Italian philosopher, he undertook, in 1486, at the age of 23, to defend 900 theses on religion, philosophy, natural philosophy and magic against all comers, in the process of which he wrote his famous Oration on the Dignity of Man, which has been called the “Manifesto of the Renaissance”; a revitalization of Neo-Platonism, it was a seminal text of Renaissance humanism and of what has been called the “Hermetic Reformation.”
Pico’s portrait, from the Uffizi Gallery in Florence
