Hi Dave

I think Plato and the other guys where good at finding ONE dimension. The power 
in a spear is very "one-dimensional". Aristoteles saw TWO; ideal form and 
potential matter, but we know now that there must be more. Monetarians, for 
example, are considering only about half of the world economy, they neglect the 
other force behind business:

"The absolute majority of all deals through human economic evolution were done 
when both parties in a deal were satisfied with the outcome of the trade. If 
one of the parties was not satisfied with the price or the barter, then there 
would not be any deal. Every deal was made from a belief that the trade was 
better, better than keeping valuable furs or the gold. Thus, every trade made 
was bettering the status for both parties.
The more trading, the higher the total sum of betterness in the society. That 
was what all the world economy was about. Bettering the situation for all who 
were taking part in it. But just because the measuring system was focused on 
only one side of the system, the money side, people did not see the customer 
benefits that don’t get onto the books. The value to the customer is not 
counted and why should that be when the only thing we know is that it has a 
higher value to the buyer than what you can see on the price tag. If not, the 
buyer should keep his money. If the prospective buyer thinks that his money in 
his purse is worth more, then he will normally decide not to buy."
excerpt from "Money and the Art of Losing Control" ch 4

Business is at best when both parts are happy with the deal. Numbers and 
pleasure together. QE is just not enough to increase the buying side, there 
must be something else added. We had that short after WWII when the future was 
bright and promising. 

Jan Anders


12 okt 2012 kl. 18.59 skrev david buchanan:

> 
> Compare and discuss....
> 
> "If we were radically feelingless, and if ideas were only the things our 
> minds could entertain, we should lose all our likes and dislikes at a stroke, 
> and be unable to point to any one situation or experience in life more 
> valuable or significant than any other." -- William James, On a Certain 
> Blindness in Human Beings.
> 
> 
> “It’s been necessary since before the time of Socrates to reject the 
> passions, the emotions, in order to free the rational mind for an 
> understanding of nature’s order which was as yet unknown. Now it’s time to 
> further an understanding of nature’s order by reassimilating those passions 
> which were originally fled from. The passions, the emotions, the affective 
> domain of man’s consciousness, are a part of nature’s order too. The central 
> part.” — Robert Pirsig, Zen and the Art
> 
> 
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