The model of competitive equilibrium which has been discussed so far is set in a timeless environment. People and companies all operate in a world in which there is no future and hence no uncertainty.
We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to use a risk-management approach to identify and avoid the big mistakes. That's one reason I favor a cautious approach.
Very soon, most companies will need to have a global operating model - even if you only sell locally. Even mid-sized companies will source globally. Knowing how to operate in this environment will be critical. We need to train managers and leaders to become citizens of the world.
We live in a very uncertain world, and I think that uncertainty of itself generates an environment which we should not make a decision that deprives future generations of the deterrent effect that the nuclear weapons have provided for us and for almost all of my life.
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.
Autonomy means women defining themselves and the values by which they will live, and beginning to think of institutional arrangements which will order their environment in line with their needs.... Autonomy means moving out from a world in which one is born to marginality, to a past without meaning, and a future determined by others--into a world in which one acts and chooses, aware of a meaningful past and free to shape one's future.
It is not the present which unfluences the future, thou fool, but the future which forms the present. You have it all backward. Since the future is set, an unfolding of events which will assure that future is fixed and inevitable.
Moral Education is the source of that spiritual equilibrium on which everything else depends and which may be compared to that physical equilibrium or sense of balance, without which it is impossible to stand upright or to move into any other position.
Order is not pressure which is imposed on society from without, but an equilibrium which is set up from within.
The capitalist model, the developed model, the consumer model which comes from the North, which it has forced on the world, is falling apart on Earth, and there is no planet nearby that we can emigrate to.
The model a lot of companies use is a very pyramidal model which sort of designates that all creativity, all wisdom flows from the top. We think that's the absolute wrong model.
Wall Street, in the main, hates uncertainty, which manifests itself in depressed share prices of companies whose prospects lack 'visibility.' But where the market can err is in confusing uncertainty with risk.
The greatest loss of time is delay and expectation, which depend upon the future. We let go the present, which we have in our power, and look forward to that which depends upon chance, and so relinquish a certainty for an uncertainty.
The Caring for Climate initiative is fully aligned with our own explicit commitments, which reflect our respect for society in which we operate, respect for the environment, respect for the future generations. Climate change must be addressed through mutually beneficial collaboration and multi-stakeholder channels to be effective ultimately.
All the acquisitions or losses wrought by nature on individuals, through the influence of the environment in which their race has long been placed, and hence through the influence of the predominant use or permanent disuse of any organ; all these are preserved by reproduction to the new individuals which arise, provided that the acquired modifications are common to both sexes, or at least to the individuals which produce the young.
Love has a particular trait: far from being indulgent or fickle, it has a task or purpose to fulfil: to abide. By its nature love is enduring. Again, dear friends, we catch a further glimpse of how much the Holy Spirit offers our world: love which dispels uncertainty; love which overcomes the fear of betrayal; love which carries eternity within; the true love which draws us into a unity that abides!
There are norms that preserve some equilibrium between chaos and stability in the world; that keep sociopaths like Assad from undermining that equilibrium, and the sense of security without which the freedoms we enjoy cannot exist.