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Negative Thinking
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 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, psychological p ...
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Genetics
Genetics is the study of genes, genetic variation, and heredity in organisms.Hartl D, Jones E (2005) It is an important branch in biology because heredity is vital to organisms' evolution. Gregor Mendel, a Moravian Augustinians, Augustinian friar working in the 19th century in Brno, was the first to study genetics scientifically. Mendel studied "trait inheritance", patterns in the way traits are handed down from parents to offspring over time. He observed that organisms (pea plants) inherit traits by way of discrete "units of inheritance". This term, still used today, is a somewhat ambiguous definition of what is referred to as a gene. Phenotypic trait, Trait inheritance and Molecular genetics, molecular inheritance mechanisms of genes are still primary principles of genetics in the 21st century, but modern genetics has expanded to study the function and behavior of genes. Gene structure and function, variation, and distribution are studied within the context of the Cell (bi ...
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Justin Fox
Justin Fox (born January 28, 1964) is an American financial journalist, commentator, and writer. He is a Bloomberg Opinion columnist, writing about business and economics. Formerly, he was editorial director of the ''Harvard Business Review'' Group for five years, and business and economics columnist for ''Time magazine''. Fox's book, ''The Myth of the Rational Market'' (2009), traces the rise of the efficient-market hypothesis, and was a ''New York Times'' Notable Book of 2009, and was named the best business book of the year by Amazon.com. Early life and education Fox was born in Morristown, New Jersey, a son of Joseph M. Fox and Elizabeth L. Fox. He grew up in Lafayette, California, attending Acalanes High School. Fox graduated from Princeton University (BA, international affairs, '87), and was a Rotary International Fellow at the University of Leiden. He has been a Senior Fellow at the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School. Care ...
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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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Financial Crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with Bank run#Systemic banking crises, banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial Economic bubble, bubbles, currency crisis, currency crises, and sovereign defaults. Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (for example, the crisis resulting from the famous tulip mania bubble in the 17th century). Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus and financial crises continue to occur from time to time. It is apparent however that a consistent feature of bo ...
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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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Albert Camus
Albert Camus ( ; ; 7 November 1913 – 4 January 1960) was a French philosopher, author, dramatist, journalist, world federalist, and political activist. He was the recipient of the 1957 Nobel Prize in Literature at the age of 44, the second-youngest recipient in history. His works include ''The Stranger (Camus novel), The Stranger'', ''The Plague (novel), The Plague'', ''The Myth of Sisyphus'', ''The Fall (Camus novel), The Fall'' and ''The Rebel (book), The Rebel''. Camus was born in French Algeria to ''pied-noir'' parents. He spent his childhood in a poor neighbourhood and later studied philosophy at the University of Algiers. He was in Paris when the Battle of France, Germans invaded France during World War II in 1940. Camus tried to flee but finally joined the French Resistance where he served as editor-in-chief at ''Combat (newspaper), Combat'', an outlawed newspaper. After the war, he was a celebrity figure and gave many lectures around the world. He married twice ...
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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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Psychosomatic
Somatic symptom disorder, also known as somatoform disorder or somatization disorder, is chronic somatization. One or more chronic physical symptoms coincide with excessive and maladaptive thoughts, emotions, and behaviors connected to those symptoms. The symptoms are not deliberately produced or feigned, and they may or may not coexist with a known medical ailment. Manifestations of somatic symptom disorder are variable; symptoms can be widespread, specific, and often fluctuate. Somatic symptom disorder corresponds to the way an individual views and reacts to symptoms rather than the symptoms themselves. Somatic symptom disorder may develop in those who suffer from an existing chronic illness or medical condition. Several studies have found a high rate of comorbidity with major depressive disorder, generalized anxiety disorder, and phobias. Somatic symptom disorder is frequently associated with functional pain syndromes like fibromyalgia and irritable bowel syndrome (IBS). So ...
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Psychological Illness
A mental disorder, also referred to as a mental illness, a mental health condition, or a psychiatric disability, is a behavioral or mental pattern that causes significant distress or impairment of personal functioning. A mental disorder is also characterized by a clinically significant disturbance in an individual's cognition, emotional regulation, or behavior, often in a social context. Such disturbances may occur as single episodes, may be persistent, or may be relapsing–remitting. There are many different types of mental disorders, with signs and symptoms that vary widely between specific disorders. A mental disorder is one aspect of mental health. The causes of mental disorders are often unclear. Theories incorporate findings from a range of fields. Disorders may be associated with particular regions or functions of the brain. Disorders are usually diagnosed or assessed by a mental health professional, such as a clinical psychologist, psychiatrist, psychiatric nurs ...
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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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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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