A Quote by Luke Johnson

Markets and exchanges are merely mechanisms which reflect the temperament of man — © Luke Johnson
Markets and exchanges are merely mechanisms which reflect the temperament of man
I'm a huge proponent of exchanges, student exchanges, cultural exchanges, university exchanges. We talk a lot about public diplomacy, .. It's extremely important that we get our message out, but it's also the case that we should not have a monologue with other people. It has to be a conversation, and you can't do that without exchanges and openness.
There are some authors who contend that meanings and values are "nothing but defense mechanisms, reaction formations and sublimations." But as for myself, I would not be willing to live merely for the sake of my "defense mechanisms," nor would I be ready to die merely for the sake of my "reaction formations.
In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy.
I think markets are mechanisms that determine prices that are necessary for mass heterogenous populations, and markets do generate levels of technological innovation and productivity that is crucial. But when unregulated, they often generate levels of vast inequality and ugly isolation that makes it difficult for people to relate and connect with one another.
I have one of the great temperaments. I have a winning temperament. Hillary Clinton has a bad temperament. She's weak. We need a strong temperament.
Feminist pedagogy can only be liberatory if it is truly revolutionary because the mechanisms of appropriation within white supremacist, capitalist patriarchy are able to co-opt with tremendous ease that which merely appears radical or subversive
It is not wit merely, but temper, which must form the well-bred man. In the same manner it is not a head merely, but a heart and resolution, which must complete the real philosopher.
To obtain the pure silence necessary for the disciple, the heart and emotions, the brain and its intellectualisms, have to be put aside. Both are but mechanisms, which will perish with the span of man's life. It is the essence beyond, that which is the motive power, and makes man live, that is now compelled to rouse itself and act.
The generally accepted theory is that financial markets tend towards equilibrium, and...discount the future correctly. I operate using a different theory, according to which financial markets cannot possibly discount the future correctly because the do not merely discount the future; they help to shape it.
Calligraphy may well be simply an artistic version of another form, that is the ideograms which make up the poem, but then not only does it reflect the character and temperament of the artist but . . . also betrays his heart rate, his breathing.
Many truths which are not believed are called lies,' the Laughing Beast said. 'Mirrors do not themselves lie unless they have been enchanted. Ordinary mirrors merely reflect what is revealed to them. People lie and mirrors reflect people. If your mother feared mirrors in your land, she feared herself.
Prices don't merely reflect what people think things ought to cost today; they also reflect what people expect items to cost tomorrow.
Temperament is fixed, set. The skull, followed by the temperament: the two hardest parts of the body. Follow your temperament. It is not a philosophy, It is a rule, like the Rule of St Benedict.
Nature and books belong to the eyes that see them. It depends on the mood of the man, whether he shall see the sunset or the fine poem. There are always sunsets, and there is always genius; but only a few hours so serene that we can relish nature or criticism. The more or less depends on structure or temperament. Temperament is the iron wire on which the beads are strung. Of what use is fortune or talent to a cold and defective store?
I contend that financial markets never reflect the underlying reality accurately; they always distort it in some way or another and the distortions find expression in market prices. Those distortions can, occasionally, find ways to affect the fundamentals that market prices are supposed to reflect.
Perhaps we too seldom reflect how much the life of Nature is one with the life of man, how unimportant or indeed merely seeming, the difference between them.
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