
Speech given on October 1, 1840
Thing 13
23 Things They Don't Tell You About Capitalism (2010)
Speech given on October 1, 1840
“Only a faster-than-exponential stock market growth makes private investors feel richer.”
Source: Why Stock Markets Crash - Critical Events in Complex Systems (2003), Chapter 10, 2050: The End Of The Growth Era?, p. 375
Context: In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a faster-than-exponential stock market growth makes private investors feel richer.
Source: Man’s Search for Himself (1953), p. 227
Context: The first thing necessary for a constructive dealing with time is to learn to live in the reality of the present moment. For psychologically speaking, this present moment is all we have. The past and future have meaning because they are part of the present: a past event has existence now because you are thinking of it at this present moment, or because it influences you so that you, as a living being in the present, are that much different. The future has reality because one can bring it into his mind in the present. Past was the present at one time, and the future will be the present at some coming moment. To try to live in the "when" of the future or the "then" of the past always involves an artificiality, a separating one's self from reality; for in actuality one exists in the present. The past has meaning as it lights up the present, and the future as it makes the present richer and more profound.
Interview with Rebecca Hardy, Daily Mail ‘Weekend’ magazine, 27th June 2009; he commenting here on The Jerry Springer Show.
Keith Joseph, Stranded on the Middle Ground? Reflections on Circumstances and Policies (Centre for Policy Studies, 1976).
1970s
Age and Guile Beat Youth, Innocence, and a Bad Haircut (2005)