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Showing posts from March 27, 2007

On the turbulence in the global financial markets

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From the Business Times of Singapore:
Business Times - 27 Mar 2007


Deconstructing the financial markets

Industry players may be making their work sound more exotic and complex than it is

By LEON HADAR
WASHINGTON CORRESPONDENT

DURING the 198Os, post-modernist philosophy was all the rage in social science and humanities departments in Western universities. As a doctoral student at that time, I had the misfortune of having to study the works of such great French philosophers as Michel Foucault, Jacques Derrida, Jean-Francois Lyotard, and Jean Baudrillard, and dig into such esoteric disciplines as phenomenology, hermeneutics, structuralism, post-structuralism, and my favourite (Not!), deconstruction.

And what can I say? I didn't and still don't get all this post-modernist stuff and I have a strange feeling that most of my fellow-students who were nodding with their heads in class as they tried to, well, deconstruct such statements as 'deconstruction is not an enclosure in nothin…