Nelson Mandela’s Stolen Spoon

Thank you, Madiba, for pardoning my family, me, the whites of South Africa. You’re 100, so let’s celebrate your example.

.. Anyone harboring the dangerous illusion of humanity’s perfectibility should remember: A tourist stole Nelson Mandela’s spoon.
.. The spoon-stealers are out there. Sometimes it seems these thieves with their airs, their acquisitive self-importance and their capacity for cruelty to children, are taking over the world.
.. The 27 years stolen from Mandela by people with white skins, the suffering inflicted on tens of millions of black South Africans over decades, would not be repaid in blood.

Perhaps white South Africans, like my family, got off too lightly. Theirs was a “picnic in a beautiful graveyard,” as Nadine Gordimerwrote.

.. They could say, “I never voted for torture!” and forget their complicity in South African policing by pigment — the segregated schools, the forced removal of blacks from their homes, the banishment of blacks to invisible townships of dust and drudgery.

..  A cry rises from young blacks directed at whites — “Expropriation without compensation!” It’s popular enough to have an acronym, “EWC.”
.. Yet most Jews went along with apartheid — by no means all, however, including several of Mandela’s lawyers. There are more bystanders than heroes in times of oppression. That’s part of the survival gene — even if humanity’s ultimate survival depends on the few who will resist.
.. Then I ask him if whites got off too easily.

“Mandela forgave them,” he says. “We must trust him. If the people who suffered most forgave, why shouldn’t we?” You feel no anger? “None whatsoever.”

.. Don’t worry, you’re 100, we’ll find that spoon thief. Their kind will not inherit the earth.

Could a Lottery Be the Answer to America’s Poor Savings Rate?

Skewness is the idea that some low-probability event could change your life.

.. Prize-Linked Savings (PLS). In a nutshell, PLS is a kind of savings account that pools some of the interest from all depositors and pays out a big lottery prize every month or so. It combines the thrill of the lottery with the safety of a savings account. It’s sometimes called a “no-lose lottery,” since a depositor is automatically entered into the lottery but can’t lose the original money she deposits.

 

In South Africa, this was tried, but the State Lottery later shut it down.