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Pragmatism in the development of ideas.

Pragmatism

Pragmatism: A reasonable and logical way of doing things or of thinking about problems that is based on dealing with specific situations instead of on ideas and theories.

I tend to favour a pragmatic approach to life. I see a lot of idealism in politics with little thought to actually testing new ideas to see if they work. Then when an idea ends in utter failure, which the policy of forced austerity has, we move on to some new idea, based on another spurious theory. (more…)


Pragmatism in finance #investments

Pragmatism:

An approach that evaluates theories or beliefs in terms of the success of their practical application.

Insanity:

Doing the same thing over and over again and expecting different results.

pragmatism in finance

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