Archive for February, 2007

How Society Works: Plato’s Contribution

How Society Works: Plato’s Contribution By J.G. Hulsmann

2.400 years ago Plato spoke about the importance of division of labour. So who’s the adam smith now?

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Sound Money

Ludwig von Mises: “It is impossible to grasp the meaning of the idea of sound money if one does not realize that it was devised as an instrument for the protection of civil liberties against despotic inroads on the part of governments.”

Read the article by Thorsten Polleit.

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Francisco’s Money Speech

From Ayn Rand’s Atlas Shrugged:

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil? Continue reading..

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How and Paralysis by Analysis

We tend to be very practical in our thinking. It all culminates into question—how? How am I going to do it? How is it possible? How did you do it? Many questions and very little answers. If you were to know the means you would not bother to ask—you would just do it. But how have you done it in the past—without the answers before the action, that is?

One person’s impossible is other person’s business as usual. What’s the difference? A point of view—the other person cannot imagine a solution based on his/her past experiences, knowledge and understanding while for the other there is no mystery because it is part of his/her everyday life (understanding). In other words the doer believes and the doubter does not.

Ask a successful entrepreneur how he managed to do it, and often you may not find specific answers. They will emphasise their vision, passion, and dedication—they believed 100 per cent what they we about to create. And more importantly, they had the strong will and confidence in themselves that they can make it to happen, no matter what. And after all, how could you know beforehand how to do things that you have not done before? If you were to do only those things that you have done earlier, you would repeat yourself. So, is there any other way to create something new?

Your thinking is based on your past knowledge. We only know what we know, and we see and hear only what we know. Worries are produced in our mind and only by our mind. It is a closed system that exists only when you are thinking (of it or something else). While you are in the middle of some intensive action, you do not have time to think. You have to act. Try to think while hitting the ball in the golf court and you certainly do not make a dream swing.

Often thinking substitutes the action, and makes the realisation of our goals more difficult. It is not that one does not need to define the goals and plan things in advance, but it is important to realise when it is the time to believe on what one is doing and start to walk the talk (or the thought). Mind can produce different scenarios endlessly. Those what-ifs and hows have only one problem–they do not match with the outside reality. Only by starting to move one can keep a bicycle stable–the same applies to our lives as well. Paralysis by analysis cumulates the worries but does not provide any remedy for the underlying issues.

A different matter is when it is a right time to consider the how-question. If you want to make something big and major, it is not very wise to start by thinking how you are going to realise it. This would only result that you are not going to vision such a grand ideas and objectives after all. The road looks very cumbersome and also the visibility is very poor. You start to doubt and very soon the great venture has been turned into a farce—and all this can happen just in your mind! A sailor does not know the weather conditions for his entire route before starting to cross the Atlantic. He certainly knows where he’s heading and why he is doing it. He even may have a clear vision how he is going to sail the route and how long it is going to take. He is confident on his skills and competences to make it to happen. The how-question does not come to halt the action. In a word he believes himself.

Many times not doing is worse than doing something. While you are not making any progress you are still doing something—being in the same spot. Circling around the same area certainly consumes lots of energy but the overall impact may not be exactly what you wanted to have. Taking the first step is often the hardest. The sooner you do it the easier the consequent paces are. And like always before in your life you will figure out how to do it after all. How you did it? -is the question you can try to answer—afterwards. Just do it!

(See also Reverse Confidence )

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An Opportunity Disguised as Distress

Is your life in distress – maybe your career, personal direction, relationships, work, or all the above? A cul-de-sac can be a major issue with no easy way out. Still, the answer might be closer than you have realised.

Our reality is the product of our own thinking. It is built upon our assumptions, beliefs, past experiences, and knowledge. In other words, we often repeat the same record over and over again, and even without noticing it. Alas, this is the reason for the unbearable difficulties and ‘impossibilities’. We are stuck.

Instead of looking into future with great distress and trying to work one’s way out, how about pausing for a while and truly looking around you? Where are you and how did you end up here? Where did you come from and why did you choose to be here now? Don’t be surprised if you just simply don’t know, or you don’t have a good answer. That’s how it often is — life just happens if we are not proactively making conscious decisions. We drift and react on daily basis; days turn into weeks and weeks into months, even years. No wonder things may start to seem and feel the same!

Understanding where you are coming from often helps to get a bigger picture of the choices and experiences leading to the current stage. But don’t take it for granted that you have to continue in a similar manner. Each moment you have a chance to make a difference and do something else. We do not have to repeat ourselves like robots —day-in and day-out. Many times the only way to realise the repetition is a major distress factor coming into our lives. It wakes us up since we simply cannot continue like nothing happened. The old record is broken — it just does not play again. We are lost.

If you acknowledge where you are coming from and definitely know that there is no way going forward it leaves at least one possibility left: the current moment. One can focus on the present moment, and try to figure out and observe the surrounding reality. After all it may not exactly be like one has thought it would be — the same old and boring as it ‘used’ to be. But since we only know what we know, it might first be a bit difficult to see something else than what we are expecting to experience. However, there is one great advantage that we haven’t used yet, and that’s exactly the discomfort factor. We know for sure that there has to be something else since things aren’t working the old way again! We have nothing to loose.

If you cannot change the circumstances, the past, and the future has not happened yet, you still have the current moment. So, you have something! And surely you have plenty of more as well. Many experiences, personal assets and resources that you have accumulated along the way in forms of developed talents, skills, knowledge, and so on. In another words you do not have to start from scratch like a newborn baby into this world. You have something to build upon. Maybe not exactly like you used to do it in the past, but perhaps even something better than before?

Getting nowhere and being just here is a great point to start to create something new. It’s very easy to change the direction and do something ‘unpredictable’. Find again the things you like to do and are passionate about. Start to live again a life that is meaningful and full of fun – just by purely being and doing things that are enjoyable. After all, why should we do things we do not like or believe in? It is just so easy to forget to enjoy our everyday life until we have almost entirely lost the track of the whole concept. Then it is time again to rediscover the joy of living and do something else. Life is not about achieving but about being in a manner that is fulfilling and content every moment. A distress can be a blessing in disguise. Carpe diem!

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Planned Chaos

The history of mankind is the history of ideas. For it is ideas, theories, and doctrines that guide human action, determine the ultimate ends men aim at, and the choice of the means employed for the attainment of these ends.

Read an excerpt from Ludwig von Mises’ famous book that is still very much as valid as when it was first published in 1947.

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