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Friday, September 30, 2016

A Comet’s Cosmic Song: Evidence of Plato’s Justice as Harmony of the Spheres?

On September 30, 2016, the European Space Agency’s Rosetta spacecraft ended its mission orbiting Comet 67P. The mission added knowledge on how planets came together and how life arrived on Earth. “One of Rosetta’s key findings is that comets are probably not the source of Earth’s water.”[1] I submit that of even greater importance is a finding that can be indexed as philosophical in nature.

The full essay is at "A Comet's Cosmic Song."


[1] Kenneth Chang, “Rosetta Mission Ends With Spacecraft’s Dive Into Comet,” The New York Times, September 30, 2016.

Thursday, September 29, 2016

Fraud in Selling Sub-Prime Mortgage-Based Bonds: Beyond Accountability

“In December 2011, the S.E.C. publicized its civil securities fraud charges against top executives from Fannie Mae and Freddie Mac for understating their exposure to subprime mortgages, which resulted in the government taking them over.”[1] Robert Khuzami, then the head of the S.E.C.’s enforcement division, said at the time that “all individuals, regardless of their rank or position, will be held accountable for perpetuating half-truths or misrepresentations about matters materially important to the interest of our country’s investors.”[2] Pursuing even senior ranks has the air of fairness economically as well as in terms of the dictum, no one is above the law. So much for words; how about the accompanying deeds?

The full essay is at "Fraud in Selling Sub-Prime Bonds."


1. Peter Henning, “Prosecution of Financial Crisis Fraud Ends With a Whimper,” The New York Times, August 29, 2016.
2. Ibid.

Tuesday, September 27, 2016

Facebook’s Zuckerberg Donates $3 billion to Medical Science: Some Major Implications

Facebook’s CEO, Mark Zuckerberg, and his wife, Priscilla Chan, announced in September, 2016, that they would invest more than $3 billion during the next decade to build tools that can facilitate medical research on diseases. The first outlay of funds ($600 million) would create a research lab of engineers and scientists from the area’s major research universities.[1] “This focus on building on tools suggests a road map for how we might go about curing, preventing and managing all diseases this century,” Zuckerberg said at the announcement.[2] Moreover, the couple had previously announced a year before that they would give away 99% of their wealth over their lifetimes through the Chan-Zuckerberg Initiative in the areas of education and healthcare. I would like to point out a few implications that may not be readily apparent.

The full essay is at "Zuckerberg Donates $3 Billion."



1. Deepa Seetharaman, “Zuckerberg Fund to Invest #3 Billion,” The Wall Street Journal, September 22, 2016.
2. Ibid.

Monday, September 26, 2016

As the World Turns: A Troublesome Widening Gap Between Progressives and Traditionalists

In his last speech to the U.N.’s General Assembly in September, 2016, U.S. President Barak Obama pointed to a world more prosperous yet with political and security crises.[1] He called this combination a paradox arising from globalization—the converging of political, economic, and social systems around the world made possible by advances in technology. I contend that globalization is not the primary cause of the massive changes going on in some societies but not others (and in parts of a given society), hence Obama’s diagnosis and prescription fall short. In short, parts of some societies, and some societies as a whole were going through massive, deep changes that were reinforcing the tendency of traditional forces to resist and stay put. It is the widening of the gap, both within some societies and between them that is the real cause of the strife.

The full essay is at "A Troublesome Widening."



1. Carol E. Lee, “Obama Urges Course Shift for World in Conflict,” The Wall Street Journal,” September 21, 2016.