The concentration of economic power separate from ownership has, in fact, created economic empires, and has delivered these empires into the hands of a new form of absolutism, relegating "owners" to the position of those who supply the
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“Right now each of us is a private oral culture. We rewrite our pasts to suit our needs and support the story we tell about ourselves. With our memories we are all guilty of a Whig interpretation of our personal histories, seeing our former selves as steps toward our glorious present selves.”
― The Best of Subterranean
― The Best of Subterranean
“Ammu wondered at the transparency of that kiss. It was a clear-as-glass kiss. Unclouded by passion or desire . . . . It was a kiss that demanded no kiss-back. Not a cloudy kiss full of questions that wanted answers.”
― The God of Small Things
― The God of Small Things
“There were two elements to look for in any draft: one was the accuracy in reflecting the deal, and the other, its omissions. The difficult part was to find out what had been left out. Frank would start with "what if" and then go through the structure of the draft and see how it worked. . . . The process of asking questions was like playing pinball. He'd run the ball through the maze and see what lit up and what didn't. He would spend ten or fifteen balls through with me, and the agreement would start to take on shape, then three dimensions and life. When its inadequacies showed, he asked the inevitable question: Could we layer on another level of complexity to account for the omissions? Of course.”
― Tombstones: A Lawyer's Tales from the Takeover Decades
― Tombstones: A Lawyer's Tales from the Takeover Decades
“Hewlett-Packard is somewhat riskier than GE; Amazon.com, riskier still.”
― When Genius Failed: The Rise and Fall of Long-Term Capital Management
― When Genius Failed: The Rise and Fall of Long-Term Capital Management
“We look for medicine to be an orderly field of knowledge and procedure. But it is not. It is an imperfect science, an enterprise of constantly changing knowledge, uncertain information, fallible individuals, and at the same time lives on the line. There is science in what we do, yes, but also habit, intuition, and sometimes plain old guessing. The gap between what we know and what we aim for persists. And this gap complicates everything we do.”
― Complications: A Surgeon's Notes on an Imperfect Science
― Complications: A Surgeon's Notes on an Imperfect Science
Eric’s 2025 Year in Books
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