Attitude Is Everything?
First, why would someone who writes and speaks predominately on business and economic
trends write an article like this? Isn’t this somewhat out-of-character?
If you use the modern definition of economics, i.
e.
, “the science that...
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Attitude Is Everything?
First, why would someone who writes and speaks predominately on business and economic
trends write an article like this? Isn’t this somewhat out-of-character?
If you use the modern definition of economics, i.
e.
, “the science that deals with the
production, distribution, and consumption of commodities”, then you would have a valid
point.
But, by using the classical definition of economics —- “the study of human
behavior in its historical setting” —- the article fits this definition.
In addition, an
understanding of the classic definition yields the interesting result that psychology is a
branch of economics.
As both economic and political mortals, we live and work in an environment that is in
constant motion or movement.
This movement is, by its nature, turbulent.
There are a few
consequences of this.
The first is that turbulent motion has no predictability.
In other words you do not know
where it is going or what the results will be.
A good example of
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