A Quote by Paul Ormerod
By any reasonable criteria, the discipline of economics as a whole, in its present state, is sadly lacking.
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Because, unlike courage and wisdom, which made our state brave and wise by being present in a particular part of it, discipline operates by being diffused throughout the whole of it. It produces a concord between its strongest and weakest and middle elements, whether you define them by the standard of good sense, or of strength, or of numbers or money or the like. And so we are quite justified in regarding discipline as this sort of natural harmony and agreement between higher and lower about which of them is to rule in state and individual.
Today this is what we are confronted with, I mean what is pure ideology, which takes no account of the human context. In economics it's the same. Economics wanted to take into account theory over and above human criteria, or the parameter 'man'.
What I needed and actually need is a discipline of tradition, which is lacking in our civilization. Discipline of tradition and the ceremony of humbleness.
To live without love, compassion, or any other spiritual value creates a state of such severe imbalance that every cell yearns to correct it. Ultimately, that is what lies behind the onset of disease; the body is sending a message that something lacking in the present—an imbalance existing somewhere—has given rise to highly visible, unarguable, physical symptoms.
It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.
It's all any reasonable child can expect if the dad is present at the conception.
Existence is only in the present. Mind is never in the present. In fact, the moment you are in the present, there is no mind in you, there is great silence. The whole sky of your inner being is without thoughts, without clouds. I call this the state of no-mind. Only in this state of no-mind do you meet existence. And that meeting is the ultimate ecstasy. Once you have tasted it, you will never bother about the future.
I am opposed to all forms of control; I am for an absolute laissez faire, free, unregulated economy. I am for the separation of the state and economics, just as we had separation of state and church, which led to peaceful coexistence among different religions...so the same applies to economics. If you separate the government from economics, if you do not regulate production and trade, you will have peaceful cooperation, and harmony and justice among men.
Real men are sadly lacking in this world, for when they are put to the test they prove worthless.
Unless the fundamental categories of economics such as 'property' were to be redefined in a radically personal way the liberal rationalist curse which had established economics as a scientific discipline cut off from human interests would proliferate. Economic models ... have failed to incorporate any meaningful index of individual benefit other than the original utilitarian one, ... the index of increasing income or an increasing flow of commodities.
Nihilism: any aim is lacking, any answer to the question "why" is lacking. What does nihilism mean?--that the supreme values devaluate themselves.
A fellow who cannot throw a flapjack is sadly lacking in the skill one expects to find in a real woodcrafter.
I began to learn acceptance, direction, understanding and perception - all elements that had been sadly lacking in my life.
Ultimately, any type of discipline is flawed because it keeps the person who is being disciplined inept. As long as the experience is happening to you, while it is imposed on you, it is not your dream. When discipline is administered externally, the participant is dependent on the administrator of the discipline. When discipline is administered internally, the athlete becomes a victim of the structure of the discipline. Either way, only the discipline, not the dream, is being pursued.
I’m not into the whole Austrian type, strongly libertarian economics. I like more mainstream economics.
I am practical by nature, and I'd heard that being a writer or an artist is a good way to starve! So I was an economics major at Oklahoma State, and then received an M.S. from Cornell in Agricultural Resource and Managerial Economics. I knew if I wanted to write I would do it on my own, but I knew I wouldn't make myself study economics on my own.
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