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Pessimism
Pessimism is a mental attitude in which an undesirable outcome is anticipated from a given situation. Pessimists tend to focus on the negatives of life in general. A common question asked to test for pessimism is "Is the glass half empty or half full?"; in this situation, a pessimist is said to see the glass as half empty, or in extreme cases completely empty, while an Optimism, optimist is said to see the glass as half full. Throughout history, the pessimistic disposition has had effects on all major areas of thinking. Etymology The term pessimism derives from the Latin word ''pessimus'', meaning 'the worst'. It was first used by Jesuit critics of Voltaire's 1759 novel ''Candide, ou l'Optimisme''. Voltaire was satirizing the philosophy of Leibniz who maintained that this was the 'best (optimum) of all possible worlds'. In their attacks on Voltaire, the Jesuits of the ''Revue de Trévoux'' accused him of ''pessimisme''. As a psychological disposition In the ancient world, psycho ...
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Optimism
Optimism is the Attitude (psychology), attitude or mindset of expecting events to lead to particularly positive, favorable, desirable, and hopeful outcomes. A common idiom used to illustrate optimism versus pessimism is Is the glass half empty or half full?, a glass filled with water to the halfway point: an optimist is said to see the glass as half full, while a pessimist sees the glass as half empty. In ordinary English, optimism may be synonymous with ''idealism''—often, unrealistic or foolish optimism in particular. The term derives from the Latin , meaning "best". To be optimistic, in the typical sense of the word, is to expect the best possible outcome from any given situation. This is usually referred to in psychology as dispositional optimism. It reflects a belief that future conditions will work out for the best. As a trait theory, trait, it fosters Psychological resilience, resilience in the face of Psychological stress, stress. Theories of optimism include dis ...
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Cultural Pessimism
Cultural pessimism arises with the conviction that the culture of a nation, a civilization, or humanity itself is in a process of irreversible decline. It is a variety of pessimism formulated by a cultural critic. History Traditional versions It has been significant presence in the general outlook of many historical cultures: things are "going to the dogs", the Golden age (metaphor), Golden age is in the past, and the current generation is fit only for dumbing down and cultural careerism. Some significant formulations have gone beyond this, proposing a universally-applicable cyclic history, cyclic model of history—notably in the writings of Giambattista Vico. 19th century The pessimistic element was available in Arthur Schopenhauer's philosophy and Matthew Arnold's cultural criticism. The tide of Whiggish optimism (exemplified by Thomas Babington Macaulay, 1st Baron Macaulay, Macaulay) receded somewhat in the middle of the reign of Queen Victoria. Classical culture, bas ...
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Nouriel Roubini
Nouriel Roubini (; born March 29, 1958) is a Turkish-born Iranian-American economic consultant, economist, speaker and writer. He is a professor emeritus since 2021 at the Stern School of Business of New York University. Roubini earned a BA in political economics at Bocconi University in Italy and a doctorate in international economics at Harvard University. He was an academic at Yale and a researcher/advisor researching emerging markets. In the 1990s, during the Bill Clinton administration, for one year he was a senior economist in the Council of Economic Advisers. Roubini is a frequent critic of Bitcoin and other cryptocurrencies. Early life Roubini was born in Istanbul, Turkey, to Iranian Orthodox Jewish parents.Loch Adamson (October 12, 2011)"How Nouriel Roubini Became a Research Brand" ''Institutional Investor''. His father was a rug dealer. When he was young, Roubini was expected to go into the rug business himself, and follow in his father's footsteps. When he was a yea ...
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Black Bile
Melancholia or melancholy (from ',Burton, Bk. I, p. 147 meaning black bile) is a concept found throughout ancient, medieval, and premodern medicine in Europe that describes a condition characterized by markedly depressed mood, bodily complaints, and sometimes hallucinations and delusions. Melancholy was regarded as one of the four temperaments matching the four humours. Until the 18th century, doctors and other scholars classified melancholic conditions as such by their perceived common causean excess of a notional fluid known as "black bile", which was commonly linked to the spleen. Hippocrates and other ancient physicians described melancholia as a distinct disease with mental and physical symptoms, including persistent fears and despondencies, poor appetite, abulia, sleeplessness, irritability, and agitation. Later, fixed delusions were added by Galen and other physicians to the list of symptoms. In the Middle Ages, the understanding of melancholia shifted to a religious ...
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Nihilism
Nihilism () encompasses various views that reject certain aspects of existence. There have been different nihilist positions, including the views that Existential nihilism, life is meaningless, that Moral nihilism, moral values are baseless, and that Philosophical skepticism, knowledge is impossible. These views span various branches of philosophy, including ethics, value theory, epistemology, and metaphysics. Nihilism is often characterized as a broad cultural phenomenon or historical movement that pervades modernity in the Western world. Existential nihilism asserts that life is inherently meaningless and lacks a higher purpose. By suggesting that all individual and societal achievements are ultimately pointless, it can lead to Apathy, indifference, Motivation#Amotivation and akrasia, lack of motivation, and existential crises. In response, some philosophers propose detachment from worldly concerns while others seek to discover or create values. Moral nihilism, a related view, ...
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2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ...
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Epigenetics
In biology, epigenetics is the study of changes in gene expression that happen without changes to the DNA sequence. The Greek prefix ''epi-'' (ἐπι- "over, outside of, around") in ''epigenetics'' implies features that are "on top of" or "in addition to" the traditional (DNA sequence based) genetic mechanism of inheritance. Epigenetics usually involves a change that is not erased by cell division, and affects the regulation of gene expression. Such effects on cellular and physiological traits may result from environmental factors, or be part of normal development. The term also refers to the mechanism of changes: functionally relevant alterations to the genome that do not involve mutation of the nucleotide sequence. Examples of mechanisms that produce such changes are DNA methylation and histone modification, each of which alters how genes are expressed without altering the underlying DNA sequence. Further, non-coding RNA sequences have been shown to play a key role in the r ...
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Al-Ghazali
Al-Ghazali ( – 19 December 1111), archaically Latinized as Algazelus, was a Shafi'i Sunni Muslim scholar and polymath. He is known as one of the most prominent and influential jurisconsults, legal theoreticians, muftis, philosophers, theologians, logicians and mystics in Islamic history. He is considered to be the 11th century's '' mujaddid'',William Montgomery Watt, ''Al-Ghazali: The Muslim Intellectual'', p. 180. Edinburgh University Press, 1963. a renewer of the faith, who, according to the prophetic hadith, appears once every 100 years to restore the faith of the Islamic community.Dhahabi, Siyar, 4.566 Al-Ghazali's works were so highly acclaimed by his contemporaries that he was awarded the honorific title "Proof of Islam" ('' Ḥujjat al-Islām''). Al-Ghazali was a prominent mujtahid in the Shafi'i school of law. Much of Al-Ghazali's work stemmed around his spiritual crises following his appointment as the head of the Nizamiyya University in Baghdad - which was ...
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William James
William James (January 11, 1842 – August 26, 1910) was an American philosopher and psychologist. The first educator to offer a psychology course in the United States, he is considered to be one of the leading thinkers of the late 19th century, one of the most influential philosophers and is often dubbed the "father of American psychology." Born into a wealthy family, James was the son of the Swedenborgian theologian Henry James Sr. and the brother of both the prominent novelist Henry James and the diarist Alice James. James trained as a physician and taught anatomy at Harvard, but never practiced medicine. Instead, he pursued his interests in psychology and then philosophy. He wrote widely on many topics, including epistemology, education, metaphysics, psychology, religion, and mysticism. Among his most influential books are '' The Principles of Psychology'', a groundbreaking text in the field of psychology; '' Essays in Radical Empiricism'', an important text in phil ...
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