There is a good thought experiment on what translating today's English would be like for someone in 2319.
Note also the section on the meaning of Genesis 1:1, which I was discussing recently in the context of the Israeli moon probe.
This review is of Alter's recently completed translation of the whole Hebrew Bible. The author of the review does not menton his new book with Princeton University Press, The Art of Bible Translation. More on it here. And follow the links from there for more on the Bible translation itself.
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