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Politics : Formerly About Applied Materials

AMAT 284.31

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To: Fred Levine who wrote (67314)	1/12/2003 11:59:44 PM
From: Sam Citron	of 70976

While George was an undergrad at Harvard, I sold him my used '61 VW. Some years later, he was on the faculty of Williams College where I met him again at dinner over a friend/colleague's house. You are referring to George R. Goethals. williams.edu I was referring to George W. Goethals, who taught in the psychology and social relations program over at William James Hall, and who passed away in 1995. I think GWG is GRG's father. don't lament not being in the field I don't. When I said that after the crash in '87 I lamented having studied economics instead of psychology, what I meant was that I could not really find any good economic explanations for the crash, but that it seemed to be rather a manifestation of crowd psychology. I could have done with a few more psych classes and possibly a few less econ classes. Diminishing marginal returns. <g> Your issues with the definition of schizophrenia remind me of the issues I had in my field with the definition of "economic development". It was normally assumed to mean a "rising standard of living", and the usual proxy was rising per capita income. But the unspoken cultural biases were always that it implied a western style market economy and lots of technology, whether appropriate or not. Ultimately the word is so loaded unexamined ethnocentric biases that IMHO most of the work in the field is not only a waste of time, but actually counterproductive. Most of the models based on such inputs as land, labor, capital and technology and that ignored the cultural dimensions were meaningless to me. So I don't lament not being in the "economic development" field either. Investing is a far from perfect vocation. It tends to be both passive and opportunistic in pursuit of personal gain, rather than some nobler goal of improving the lot of mankind. But I have yet to find a boss who could teach me as much as the market. Sam

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