The Real Problem with Appraisal Arbitrage

2016 ◽  
Author(s):  
Richard A. Booth
Keyword(s):  
Author(s):  
Matthew Rendall

It is sometimes argued in support of discounting future costs and benefits that if we gave the same weight to the future as to the present, we would invest nearly all our income, but never spend it. Rather than enjoying the fruits of our investments, we would always do better to reinvest them. Undiscounted utilitarianism (UU), so the argument goes, is collectively self-defeating. This attempted reductio ad absurdum fails. Regardless of whether each generation successfully followed UU, or merely attempted to follow it, we could never get trapped in endless saving. The real problem is different: without the ability to foresee the end of the world, UU cannot tell us how much to save. Discounting is a defensible response, but only when coupled with a rule against risking catastrophe.


1917 ◽  
Vol 85 (9) ◽  
pp. 237-242
Author(s):  
Idella R. Berry
Keyword(s):  

2011 ◽  
Vol 93 (3) ◽  
pp. 44-47 ◽  
Author(s):  
Kevin Sheehan ◽  
Kevin Rall

The real problem for children of poverty may not be weak academic skills, poor teachers, or scant resources, but a lack of hope that they can alter their life conditions through effort.


Dialog ◽  
2017 ◽  
Vol 34 (2) ◽  
pp. 26-43
Author(s):  
Miftahussurur Miftahussurur

This descriptive­analytics article is aimed to trace­back the dynamics and fragmentation of political Islam in Indonesia. It focuses on relation between the dynamics of political Islam and its historical process and its social-political context. After reformation era, the power of political Islam in Indonesia has been getting highly and more fragmented. Rather, the fragmentation was seemingly caused by interest of elites than ideology dispute. It was the reason why the power of political Islam has been never unified, even to boost the people’s interest. The political Islam tended to struggle enforcing God’s law (syariah) rather than solving the real problem such as economy and basic need of society or ummah. In the fact, enforcing the Syariah law was merely artificial one. Finally, the political Islam always fails in transforming social, economy and politics due to its elitism.


Author(s):  
James Ekanem ◽  

Almost every major world religion and tribal spiritualities light plant parts in worship to seek greater connection to the divine. Incense is defined as a material that is burned to produce an odour which is also referred to as the perfume itself that is produced from the burning of plant. Many people light incense sticks in their homes just for the sweet smell and the ability it has to transform space. Others too in our world today may have a stigma connecting incense sticks and illegal drug use. Many of us who have been Catholics may have witnessed the swinging of censers, filling the Church with sweet-smelling resins. The tradition of using incense in the liturgy goes back to ancient Hebrew worship, as recorded in the Psalms: “Let my prayer be set forth in Thy sight as the incense” (Ps 141:2). Incense as often used as part of a purification ritual seems to have lost its symbolisms and proper use of it in the Church as well as the decline of its use. The real problem here is that many faithful hardly know the real reason and purpose why incense is an important part of the Catholic Mass. Do people fully understand the use and symbolism of incense during the liturgical celebrations? Do the traditional use of incense offers some opportunities or challenges in the Church liturgical rites? The purpose of this study is to investigate, stimulate and sensitize the Church and all the Christian faithful of the symbolism of incense which have become optional or none use and to take effective action in reclaiming the lost symbolism and proper use of incense. Perhaps a better understanding of the traditional use of incense may help or enhance the use and importance of the symbolism of incense in our liturgical celebrations. Maybe some elements found in the traditional use of incense, the Sacred Scripture and the Church’s practice may enrich and recover the lost symbolism of incense. And may be by organizing Liturgical Seminars/workshops to seminarians and young religious in formation houses it may address the essential elements in the way incense is use.


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