Wit & Whim

A rare sunny it is, and a good day to write while there is a spot in the sun to be found. Class today was focused on the Dutch Empire, and it was most satisfying. Dutch independence laid the groundwork for the first major market economy in early modern Europe. Little mystery, then, that the Dutch totally dominated trade over the next century, only to brought done by 80 years of sustained war, completed by a combined invasion of French forces, and heavy British naval assaults. Dutch Merchant shipping during this time period went from being almost non-existent, to being much greater than the cumulative shipping tonnage of the rest of Europe combined. The Bank of Amsterdam was the first fully functioning merchant bank in the world, and issued the first stable bills of exchange. My professor, in a move not foreseen, pointed out the power of corporate ventures to allow groups of middle class people to split the risk on an innovative venture, and how this led to the massive

Having written in German for the last 1 1/2 hours, I think it is time for a little bit of a break for my brain. So I am sitting here and watching the desolation of white accumulate; fully anticipating a desolation of wrecked cars to follow in good time. I am writing on the Topic of the role of Germany in Europe, and I cannot write what I honestly believe. The role of Germany in Europe is one of growing insignificance; they can do nothing about the problems of Europe. For almost a century debt has been building, the institutions and mores which lead to excellence in western Europe have crumbled, and the problems have built energy with no real release. Germany does not have the money to bail out Europe. Germany, France, and England do not have that much money. Germany, France, England, and the rest of the major economies of Europe do not have the money; in part because it is the major economies which are in such trouble. Portugal is a junk bond, Spain is likely to follow, and Italy is i

For those who need a little something to help them get to sleep, I present my final paper from Y401- Promise and Problems of Democracy in America. It naturally has many imperfections, but I liked it. The last century of human history has seen a change. As methods of production grew more advanced, and the great economies of the world became more democratic, concerned citizens and government turned to the creation of procedures and policies with which to combat poverty and inequality amongst the people. The name that came to be given to such programs was welfare. The goal is plainly seen in the title; to vouchsafe the welfare of our fellow man. There is something undeniably noble in this ideal. But it is the enthusiast’s mistake to confound intent with result, and the efficacy of welfare is perpetually in dispute. To understand the effect welfare has on democracy, one might look to the great writers on politics; men whose ideas have been tried in the laboratory of history. And one