On a happier note
Starting with the financial crisis back in autumn it seems that greed and poor judgement are two persistent themes this year. While mankind was not entirely unfamiliar with the plague of greed prior to October 2008, recent events have meant that hardly a day goes by when such vicious matters do not make the headlines in one form or another. Attending an Oxford college ceremony the other day gave a bit of a historical perspective on how to deal with greed. The ‘pennies from the tower’ ceremony involved (or used to involve in times prior to current health and safety regulations) inviting a group of impoverished children onto the college lawn and then letting the pennies rain down from the tower above. But as they started to scurry around, fighting each other for the coins, they noticed that the pennies were hot. Piping hot. This was considered an excellent way to teach the children that greed is a vice and that there is no such thing as a free lunch. No doubt the blisters on their little hands would have served as an efficient reminder of this harsh lesson. One of the problems with this practice is it is far from clear that brute force the best way to introduce more positive values and behavioural patterns in people. Indeed, it is not even clear that the threat of punishment and public humiliation works as a deterrent.
