Wisdom is subdivided into good sense, good calculation, quick-wittedness, discretion, and resourcefulness. |
The reduction of reasoning to mechanical calculation that they identified is no clearer than in the inhuman logic of capitalist exchange. |
Given recent developments in calculation and derivative products, new opportunities are now available in portfolio construction and trading. |
This calculation is continued for every year until the end of the mortality table, and then all the net present values are added together. |
Nor does it simply rest on the naive distinction between feeling and rational calculation. |
Instead, every calculation of profit is carefully balanced against the potential risks in an enterprise. |