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	<title>Sunroom Desk &#187; Friends of the Glendale Public Library</title>
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	<link>http://sunroomdesk.com</link>
	<description>A Glendale, California Outlook</description>
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		<title>Author Lectures, Business Forums: Great Learning Opportunities, Often Free, Taken for Granted</title>
		<link>http://sunroomdesk.com/2011/08/23/author-lectures-business-forums-great-learning-opportunities-often-free-taken-for-granted/</link>
		<comments>http://sunroomdesk.com/2011/08/23/author-lectures-business-forums-great-learning-opportunities-often-free-taken-for-granted/#comments</comments>
		<pubDate>Tue, 23 Aug 2011 14:50:31 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Community Outreach]]></category>
		<category><![CDATA[Author Events]]></category>
		<category><![CDATA[Business Life]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Crawford Family Forum]]></category>
		<category><![CDATA[Drucker Business Forum]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Glendale]]></category>
		<category><![CDATA[Glendale Hilton]]></category>
		<category><![CDATA[Glendale Public Library]]></category>
		<category><![CDATA[KPCC]]></category>
		<category><![CDATA[Woodbury University]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=9776</guid>
		<description><![CDATA[Free author events, business forums in the Glendale, California area are networking, job-hunting, enrichment opportunities.]]></description>
			<content:encoded><![CDATA[<p><span id="more-9776"></span>Outstanding free learning opportunities in our area &#8211; from library and bookstore author events, to university forums and business development workshops &#8211; should not be taken for granted!</p>
<p>Dr. Dan Caldwell&#8217;s talk on origins of the conflicts in Afghanistan, Iraq and Pakistan; and Dr. Linnda Durre&#8217;s lecture on how to overcome a toxic workplace are now on the Sunroom Desk Community Calendar. These <a href="http://library.ci.glendale.ca.us/authors_artists_friends.asp">Friends of the Glendale Public Library events</a> are free and open to the public, 3-hour parking included. Glendale Library events this past year featured famous prosecutor Vincent Bugliosi, award-winning journalist Garin Hovanessian, master chef Leslie Bilderback, anti-war activist Tom Hayden, LA city council member Gil Garcetti, and others.</p>
<p>The <a href="http://www.druckerbusinessforum.org/events.php?function=past_events">Drucker Business Forum&#8217;s excellent roster of 2010-2011 speakers in finance, investment, business, and media</a> gave attendees expert perspectives on economic challenges, trends, and developing business models and opportunities. Most of the presentations, with time for audience Q&#038;A afterwards, took place at KPCC&#8217;s Crawford Family Forum in Pasadena.</p>
<p><a href="http://businesslife.com//articles.php?id=1830">Business Life Magazine with lead sponsor Woodbury University is planning a September women&#8217;s business conference</a> at the Glendale Hilton, featuring free workshops on leadership development (led by Woodbury instructors), job-hunting survival skills, contracting opportunities and more. </p>
<p>These are (or were, if you missed them) great opportunities. Networking happens, because others interested in the subject attend and are eager to ask questions. Students and job seekers gain broader views on their field and leads to pursue in class or an interview. The only potential costs are transportation and purchasing the author&#8217;s book, both cheap compared with costs for continuing education seminars.</p>
<p>Setting fees to continue offering such events at libraries, bookstores, and other venues has been a big theme in opinion articles this summer (see <a href="http://www.mediabistro.com/galleycat/should-bookstores-charge-for-author-events_b32858">here</a> and <a href="http://www.nytimes.com/2011/06/22/business/media/22events.html?pagewanted=all">here</a> for starters); these are wake-up calls to those who take such events for granted.</p>
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		<title>Libraries, Our Civic Future, and Glendale Budget Cuts</title>
		<link>http://sunroomdesk.com/2011/05/18/libraries-our-civic-future-and-glendale-budget-cuts/</link>
		<comments>http://sunroomdesk.com/2011/05/18/libraries-our-civic-future-and-glendale-budget-cuts/#comments</comments>
		<pubDate>Wed, 18 May 2011 11:10:24 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Community Outreach]]></category>
		<category><![CDATA[Budget Cuts]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Glendale]]></category>
		<category><![CDATA[Glendale Public Library]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=9306</guid>
		<description><![CDATA[Glendale Public Library branches, programs threatened with budget cuts.]]></description>
			<content:encoded><![CDATA[<p><span id="more-9306"></span>The Chevy Chase branch, the Casa Verdugo branch, and community programming of the Glendale library system are on the list of possible cuts and closures the city council will deliberate on June 14.</p>
<p>I visit the Casa Verdugo branch often, and always find its tables, computers, and help desk occupied. People looking for work, children and their parents seeking homework help or information for school reports, and patrons from all walks of life who appreciate the tremendous resources the library has to offer take advantage of this branch and others all the time.</p>
<p>Public libraries have been a pillar of our country&#8217;s history; longer than recreation and social service programs, which used to be privately funded. Through reduced hours and threatened branch closures, citizens are losing access to free resources they seek out <em>to help themselves</em>.</p>
<p><strong>Free:</strong> education, introductions to new fields and careers, explorations of enduring themes of human life and civilization, inspiration, assistance, entertainment, and an assured welcome to people hoping to obtain them. <strong>Our civic future will be brighter if libraries stay open to provide these benefits.</strong></p>
<p><strong>The Friends of the Glendale Public Library hold their annual meeting tonight</strong>, 6:30 p.m., Main Auditorium, Central Library, 222 E. Harvard St. (see the <a href="http://sunroomdesk.com/2011/03/30/friends-of-the-glendale-library-annual-meeting/">Calendar</a> for details). Attend tonight&#8217;s meeting, and join the Friends in supporting library programs and services in Glendale.</p>
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		<title>National Library Week: Libraries Need Your Voice!</title>
		<link>http://sunroomdesk.com/2011/04/11/national-library-week-libraries-need-your-voice/</link>
		<comments>http://sunroomdesk.com/2011/04/11/national-library-week-libraries-need-your-voice/#comments</comments>
		<pubDate>Mon, 11 Apr 2011 22:11:09 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Community Outreach]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Funding]]></category>
		<category><![CDATA[Libraries]]></category>
		<category><![CDATA[National Library Week]]></category>
		<category><![CDATA[State Budget Crisis]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=8851</guid>
		<description><![CDATA[American Library Association needs public support for library funding: send a message to your representatives today!]]></description>
			<content:encoded><![CDATA[<p><span id="more-8851"></span><strong>Send a message to your representatives during National Library Week! An appeal from the American Library Association, sent to the Friends of the Glendale Public Library:</p>
<blockquote><p><em>April 10–16 is “National Library Week.” This year’s theme is “Create your own story @ your library.” It’s a perfect opportunity for you to let your legislators know how important libraries are to you, telling your story about how important your library is to you, and the difference your library makes in your community. Libraries need your voice!</p>
<p>Libraries continue to be busier than ever helping families survive during these tough economic times, yet public libraries, school libraries, and academic libraries are facing closures and elimination of librarians and library workers—the people who help those with a job application, teach 21st-century skills, and nurture the love of reading in kids that will serve them the rest of their lives.</p>
<p>State governments provide much needed funding for libraries to provide public access to the Internet to everyone, critical databases for individuals and small businesses, and homework help.</p>
<p>Please send an e-mail to your governor and your representatives today, and pass this message on to your friends and colleagues.</p>
<p>Thank you for advocating for libraries and library staff!</p>
<p>American Library Association</em></p></blockquote>
<p></strong></p>
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		<title>Early Warner Bros. Studios</title>
		<link>http://sunroomdesk.com/2011/02/08/early-warner-bros-studios/</link>
		<comments>http://sunroomdesk.com/2011/02/08/early-warner-bros-studios/#comments</comments>
		<pubDate>Tue, 08 Feb 2011 19:28:12 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Bookshelf]]></category>
		<category><![CDATA[Arcadia Publishing]]></category>
		<category><![CDATA[Burbank]]></category>
		<category><![CDATA[E.J. Stephens]]></category>
		<category><![CDATA[Early Warner Bros Studios]]></category>
		<category><![CDATA[Film Industry]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Images of America]]></category>
		<category><![CDATA[The Glendale Historical Society]]></category>
		<category><![CDATA[Warner Bros Studios]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=8289</guid>
		<description><![CDATA[Local author E.J. Stephens presents his book Early Warner Bros Studios at Glendale Central Library.]]></description>
			<content:encoded><![CDATA[<p><span id="more-8289"></span><strong>E.J. Stephens, Marc Wanamaker<br />
2010, Arcadia Publishing<br />
Softcover, 128 pages, $21.99</strong></p>
<p>Local author E.J. Stephens, a former board member of the Alex Film Society, will be at the <strong>Glendale Central Library Thursday night at 7 pm to talk about and sign copies of his book <a href="http://www.arcadiapublishing.com/mm5/merchant.mvc?Screen=PROD&#038;Product_Code=9780738580913&#038;Store_Code=arcadia&#038;search=Stephens&#038;offset=0&#038;filter_cat=&#038;PowerSearch_Begin_Only=&#038;sort=name.asc&#038;range_low=&#038;range_high=%20%26srch_author%3D1">Early Warner Bros. Studios</a>. </strong></p>
<p>The book is part of Arcadia Publishing&#8217;s <strong>&#8220;Images of America&#8221;</strong> series. It contains rare photos from the 1920s to the 1950s, and covers the history of Warner brothers Harry, Albert, Sam and Jack, who rose from humble beginnings to become Hollywood moguls.</p>
<p>Stephens, a former WB Studios worker, newspaper columnist and film series host, volunteers as a docent for the Warner Bros. Museum. His co-author is film historian and consultant Marc Wanamaker. <a href="http://www.examiner.com/silent-movie-in-san-francisco/early-warner-bros-studios">An extended review of Early Warner Bros. Studios is posted at Examiner.com</a>.</p>
<p>This FREE event is cosponsored by <a href="http://www.glendalehistorical.org/">The Glendale Historical Society</a> and the <a href="http://www.friendsofglendalepubliclibrary.org/">Friends of the Glendale Public Library</a>. Free 3-hour parking is available at the Maryland parking garage &#8211; validation at the Library Circulation Desk.</p>
<p><a href="http://library.ci.glendale.ca.us/pdf/EarlyWarnerBrosFlyer10Feb2011.pdf">Glendale Historical Society Flyer</a>.</p>
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		<item>
		<title>Bookmark Contest at Glendale Libraries Through February 6</title>
		<link>http://sunroomdesk.com/2011/01/31/bookmark-contest-at-glendale-libraries-through-february-6/</link>
		<comments>http://sunroomdesk.com/2011/01/31/bookmark-contest-at-glendale-libraries-through-february-6/#comments</comments>
		<pubDate>Mon, 31 Jan 2011 21:53:58 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Community Outreach]]></category>
		<category><![CDATA[Bookmark]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Contest]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Glendale]]></category>
		<category><![CDATA[Libraries]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=8201</guid>
		<description><![CDATA[Glendale libraries bookmark contest through February 6]]></description>
			<content:encoded><![CDATA[<p><span id="more-8201"></span>Come to any of Glendale&#8217;s public libraries through February 6 and design a book mark for this year&#8217;s theme: <strong>One World, Many Stories</strong>. Entries will be judged by age group; winners will receive 50 copies of their bookmark.</p>
<p>And check out all the wonderful free events for families, children, teens, reading groups, and others <a href="http://library.ci.glendale.ca.us/default.asp">here</a>. You can support these community programs by becoming a <a href="http://library.ci.glendale.ca.us/support.asp">Friend of the Glendale Public Library</a>.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Merchants of Doubt Do Business Opposing Regulation: Talk at Glendale Library Wednesday</title>
		<link>http://sunroomdesk.com/2010/11/15/merchants-of-doubt-do-business-opposing-regulation-talk-at-glendale-library-wednesday/</link>
		<comments>http://sunroomdesk.com/2010/11/15/merchants-of-doubt-do-business-opposing-regulation-talk-at-glendale-library-wednesday/#comments</comments>
		<pubDate>Mon, 15 Nov 2010 19:01:50 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Publishing]]></category>
		<category><![CDATA[Big Tobacco]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[California Institute of Technology]]></category>
		<category><![CDATA[Climate Change]]></category>
		<category><![CDATA[Erik M. Conway]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Glendale]]></category>
		<category><![CDATA[Merchants of Doubt]]></category>
		<category><![CDATA[Naomi Oreskes]]></category>
		<category><![CDATA[Public Policy]]></category>
		<category><![CDATA[Science]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=7606</guid>
		<description><![CDATA[Glendale Library Wednesday night: talk on Merchants of Doubt, scientists who create doubt about public policy issues for the benefit of big business.]]></description>
			<content:encoded><![CDATA[<p><span id="more-7606"></span>Cal Tech historian Erik Conway will be at the Glendale Central Library this Wednesday night to discuss his book <strong><em>Merchants of Doubt</em></strong>, which tells the story of scientists with connections in politics and industry. These merchants sell &#8220;doubt&#8221; and run effective campaigns to mislead the public and deny inconvenient scientific evidence, on topics from health hazards of smoking to evidence for climate change.</p>
<p>From the <a href="http://library.ci.glendale.ca.us/AuthorEvent_ErikConway_111710.asp">Glendale Library&#8217;s event webpage</a>: &#8220;Naomi Oreskes and Erik M. Conway, historians of science, roll back the rug on this dark corner of the American scientific community, showing how ideology and corporate interests, aided by a too-compliant media, have skewed public understanding of some of the most pressing issues of our era.&#8221;</p>
<p>This FREE event, sponsored by the <a href="http://www.friendsofglendalepubliclibrary.org/">Friends of the Glendale Public Library</a>, will be held at<br />
<strong>Glendale Central Library Children&#8217;s Room<br />
222 E. Harvard St.<br />
Glendale<br />
Wednesday, November 17, 7 p.m.</strong><br />
(818) 548-2042<br />
Free 3-hour parking is available at the municipal parking garage across the street (validate ticket at the circulation desk).</p>
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		<title>Living Beyond Organic: Glendale Resident Presents Lifestyle Lessons at Library Event Tomorrow</title>
		<link>http://sunroomdesk.com/2010/11/02/living-beyond-organic-glendale-resident-presents-lifestyle-lessons-at-library-event-tomorrow/</link>
		<comments>http://sunroomdesk.com/2010/11/02/living-beyond-organic-glendale-resident-presents-lifestyle-lessons-at-library-event-tomorrow/#comments</comments>
		<pubDate>Tue, 02 Nov 2010 18:40:49 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Community Outreach]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Christina Avaness]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Glendale]]></category>
		<category><![CDATA[Glendale Public Library]]></category>
		<category><![CDATA[Living Beyond Organic]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=7508</guid>
		<description><![CDATA[Glendale, California resident Christina Avaness presents tips from her book Living Beyond Organic Wednesday, November 3, 7 pm at the Public Library.]]></description>
			<content:encoded><![CDATA[<p><span id="more-7508"></span><strong>Glendale resident and food alchemist Christina Avaness will present tips for a healthy lifestyle Wednesday, November 3, at 7 pm in the Central Library Children&#8217;s Room.</strong> In her new book, <strong>Living Beyond Organic: Nutritional Knowledge Redefined</strong>, she presents six years of her own research started for the benefit of her own family.</p>
<p>This FREE event is sponsored by the Friends of the Glendale Public Library and is open to the public. Free, 3-hour validated parking (stamp ticket at library circulation desk) is available at the municipal parking structure to the north of the library.</p>
<p><strong>Get out of the house, discover how to improve your own health, and help support vital free community programs offered by your local library: join Christina and the Friends of the Library tomorrow night.<br />
</strong></p>
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		<title>Chef/Consultant/Complete Idiot&#8217;s GuidesAuthor at Glendale Library Tomorrow</title>
		<link>http://sunroomdesk.com/2010/07/28/chefconsultantcomplete-idiots-guidesauthor-at-glendale-library-tomorrow/</link>
		<comments>http://sunroomdesk.com/2010/07/28/chefconsultantcomplete-idiots-guidesauthor-at-glendale-library-tomorrow/#comments</comments>
		<pubDate>Thu, 29 Jul 2010 04:15:40 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Community Outreach]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Comlete Idiot's Guides]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Glendale]]></category>
		<category><![CDATA[Glendale Public Library]]></category>
		<category><![CDATA[Leslie Bilderback]]></category>
		<category><![CDATA[Master Chef]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=6824</guid>
		<description><![CDATA[Leslie Bilderback, master chef and complete idiot's guides author, to speak at Glendale, California library event.]]></description>
			<content:encoded><![CDATA[<p><span id="more-6824"></span>Leslie Bilderback, classically-trained chef, Certified Master Baker, author of seven <strong><em>The Complete Idiot&#8217;s Guide</em></strong> books, and creator of <a href="http://culinarymasterclass.com/">Culinarymasterclass.com</a>, will be at the <strong>Glendale Central Library Thursday, July 29, at 7 p.m.</strong>, to talk about cooking, baking, and her career as a culinary instructor and writer.</p>
<p>Bilderback volunteers with the U.S. Navy Adopt-a-Chef program, which sends civilian culinary instructors to various galleys around the world to provide hands-on training. She joined the original faculty of what is now the California School of Culinary Arts in 1995, and as Executive Chef ushered the school into partnership with Le Cordon Bleu.</p>
<p>Bilderback will be discussing recipes, cooking techniques, and wisdom from:<br />
<strong><em>The Complete Idiot&#8217;s Guide to Success as a Chef<br />
The Complete Idiot&#8217;s Guide to Comfort Food<br />
The Complete Idiot&#8217;s Guide to Sensational Salads<br />
The Complete Idiot&#8217;s Guide to Good Food From the Good Book</em></strong></p>
<p><strong>This is a FREE event, open to the public. Come and enjoy a very entertaining speaker, and support your Glendale library system and the <a href="http://www.friendsofglendalepubliclibrary.org/events/">Friends of the Glendale Public Library</a>! </strong>Validation for free parking (3 hours) at the Mryland Parking garage is available at the circulation desk.</p>
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		<title>Under the Paperweight, July 2010: Glendale Libraries Faring Better Than Many</title>
		<link>http://sunroomdesk.com/2010/07/21/under-the-paperweight-july-2010-glendale-libraries-faring-better-than-many/</link>
		<comments>http://sunroomdesk.com/2010/07/21/under-the-paperweight-july-2010-glendale-libraries-faring-better-than-many/#comments</comments>
		<pubDate>Wed, 21 Jul 2010 20:50:39 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Community Outreach]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Workforce Training]]></category>
		<category><![CDATA[Andrew Carnegie]]></category>
		<category><![CDATA[Budget Crisis]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Glendale]]></category>
		<category><![CDATA[Libraries]]></category>
		<category><![CDATA[Los Angeles]]></category>
		<category><![CDATA[Los Angeles Times]]></category>
		<category><![CDATA[Silverlake Library]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=6707</guid>
		<description><![CDATA[Glendale, California library system faring better than many in California during budget cutbacks.]]></description>
			<content:encoded><![CDATA[<p><span id="more-6707"></span>Libraries in Los Angeles and in other cities and counties are being targeted by cash-strapped governments looking to save money, but <strong>the city of Glendale is taking an even-handed approach to municipal budget cuts that doesn&#8217;t single out library services</strong>.</p>
<p>Los Angeles libraries will now all be closed on Sundays and Mondays. <a href="http://latimesblogs.latimes.com/jacketcopy/2010/07/dont-go-to-the-library-on-sunday-or-monday.html"><strong>Jacket Copy</strong> has the Central Library&#8217;s new hours and a few quotes on what access to books meant to philanthropist Andrew Carnegie</a>.</p>
<p>The cutbacks are occurring less than a year after <a href="http://sunroomdesk.com/2009/11/17/silver-lake-library-grand-opening-celebrated-by-hundreds-on-monday/">Los Angeles completed a 10-year branch library building program, culminating in the Gold-LEED certified Silverlake Branch</a>.</p>
<p><a href="http://articles.latimes.com/2010/jul/06/opinion/la-oe-johnson-libraries-20100706/2">Marilyn Johnson&#8217;s LA Times commentary on impending library cuts is a wake-up call</a>. <strong>Our municipal libraries are a free source of learning, research, information, job training, and all-around civic improvement, an &#8220;engine of democracy&#8221; which should not be dismantled or run on fumes.</strong></p>
<p>Glendale is already hosting more Los Angeles residents who find their local libraries closed. <a href="http://www.friendsofglendalepubliclibrary.org/">Join the Friends of the Glendale Public Library</a>, and speak up to make sure our residents and their children continue to have access to this vital civic resource for all.</p>
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		<title>The Worldly Philosophers, 25 Cents at Glendale Library; Goldman Sachs Under the Paperweight</title>
		<link>http://sunroomdesk.com/2010/04/26/the-worldly-philosophers-25-cents-at-glendale-library-goldman-sachs-under-the-paperweight/</link>
		<comments>http://sunroomdesk.com/2010/04/26/the-worldly-philosophers-25-cents-at-glendale-library-goldman-sachs-under-the-paperweight/#comments</comments>
		<pubDate>Mon, 26 Apr 2010 22:22:56 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[California]]></category>
		<category><![CDATA[Financial Reform]]></category>
		<category><![CDATA[Friends of the Glendale Public Library]]></category>
		<category><![CDATA[Glendale]]></category>
		<category><![CDATA[Goldman Sachs]]></category>
		<category><![CDATA[John Maynard Keynes]]></category>
		<category><![CDATA[Mortgage Fraud]]></category>
		<category><![CDATA[Robber Barons]]></category>
		<category><![CDATA[Robert Heilbroner]]></category>
		<category><![CDATA[The Worldly Philosophers]]></category>
		<category><![CDATA[Thorstein Veblen]]></category>

		<guid isPermaLink="false">http://sunroomdesk.com/?p=5979</guid>
		<description><![CDATA[The Worldly Philosophers, by Robert Heilbroner, a guide to Glendale, California Sunroom Desk's paperweight links on financial reform.]]></description>
			<content:encoded><![CDATA[<p><span id="more-5979"></span>My investment of 25 cents for a used copy of <a href="http://en.wikipedia.org/wiki/The_Worldly_Philosophers">The Worldly Philosophers</a> at a <a href="http://www.friendsofglendalepubliclibrary.org/support/">Friends of the Glendale Public Library</a> book sale was <strong>an excellent and well-timed hedge against the risks of today&#8217;s public offering at Sunroom Desk:</strong> this collection of links and commentary on financial reform legislation.</p>
<p><a href="http://www.economist.com/blogs/freeexchange/2010/04/financial_reform_0"><strong>First, Define the Problem</strong></a> &#8211; The Economist; <strong><a href="http://online.wsj.com/article/SB10001424052748703876404575200104219993576.html?KEYWORDS=innovation+financial+reform">Back to Basics on Financial Reform</a></strong> &#8211; Wall Street Journal; and <a href="http://www.latimes.com/business/nationworld/wire/sns-ap-us-goldman-sachs-investigation,0,3870518.story"><strong>Senate probe: Goldman planned to profit from housing bust, made billions at clients&#8217; expense</strong></a> &#8211; LA Times.</p>
<p>Within The Economist&#8217;s link, but also in other articles over the past months, &#8220;innovation&#8221; is defended in either a neutral or positive sense with respect to financial instruments that contributed to this Great Recession. What is innovative about hedging a bet, or devising clever ways to con others into losing bets? <strong>Could Goldman Sachs and other investment houses have lost as much money, and caused as much economic pain, if they had made big bets in <em>real innovations</em>, such as research and technology leading to clean, cheap, renewable energy?</strong></p>
<p>In the book just purchased, author Robert Heilbroner explains the observations of the great economists he profiles. Thorstein Veblen posited that exploiting breakdowns in information, and creating what sounds like bubbles, were the main ways to make profits. Veblen&#8217;s main examples were 19th century robber barons, who competed with each other to maximize profits at the expense of the public. John Maynard Keynes showed that in an economy that separates savings from investment, there is &#8220;nothing automatic&#8221; that channels savings toward productive investment. <strong>Has anything changed?</strong></p>
<p>Revised several times, the author concludes in the 1980s edition I purchased with a list of basic questions economic thinkers posed about society, politics, and economics, that are unresolved to this day. Resolved in my mind, though: the Friends of the Library book sale purchase was a good investment.</p>
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