Glossary: Difference between revisions
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*[[account]] as in accounting, accountability, [[unit of account]] | *[[account]] as in accounting, accountability, [[unit of account]] | ||
*[[bad]] not evil | *[[bad]] not evil | ||
*[[bet]] is to [[buy]], [[hedge]], [[invest]] or just [[speculate]]. | |||
*[[biosphere]] includes terrestrial ecoregions, oceans, atmosphere, is a big body | *[[biosphere]] includes terrestrial ecoregions, oceans, atmosphere, is a big body | ||
*[[body]] | *[[body]] | ||
*[[buy]] can have moral criteria, one can do evil by buying, some implied by simply choosing a certain [[medium of exchange]], e.g. [[US dollar]], [[gold]] | *[[buy]] can have moral criteria, one can do evil by buying, some implied by simply choosing a certain [[medium of exchange]], e.g. [[US dollar]], [[gold]] - buying anything is a form of [[bet]] that it will provide some [[service]] and do no [[harm]] that you will [[regret]] | ||
*[[care]] | *[[care]] | ||
*[[commodity]] as services - a good backed by standard contracts, trade empire | *[[commodity]] as services - a good backed by standard contracts, trade empire | ||
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*[[gain]] | *[[gain]] | ||
*[[good]] as services - a product backed by social custom, legal guarantees | *[[good]] as services - a product backed by social custom, legal guarantees | ||
*[[harm]] | |||
*[[hedge]] is to counter-[[invest]] so that losses in one thing are made up for by gains in another. | |||
*[[ignorance]] | *[[ignorance]] | ||
*[[ignore]] outcomes you consider evil, which is ignorance, not always bad | *[[ignore]] outcomes you consider evil, which is ignorance, not always bad | ||
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*[[instructional]] responsibility - you tell 'em how, it's your fault | *[[instructional]] responsibility - you tell 'em how, it's your fault | ||
*[[interest]] in the sense of concern or group sharing it, economic [[gain]], and expected [[time cost of money]] for [[standard of deferred payment]] | *[[interest]] in the sense of concern or group sharing it, economic [[gain]], and expected [[time cost of money]] for [[standard of deferred payment]] | ||
*[[invest]] is to [[bet]] a [[company]] will pay off (to its investors) a [[dividend]] or higher [[share price]] | |||
*[[justice]] as broader than [[w:retributive justice]], e.g. [[w:social justice]] and other types of [[w:criminal justice]] might be meant by it | *[[justice]] as broader than [[w:retributive justice]], e.g. [[w:social justice]] and other types of [[w:criminal justice]] might be meant by it | ||
*[[measure]] | *[[measure]] | ||
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**[[medium of exchange]] | **[[medium of exchange]] | ||
**[[standard of deferred payment]] | **[[standard of deferred payment]] | ||
*[[option]]s are [[bet]]s in [[financial market]]s, useful to [[hedge]] [[risk]] | |||
*[[person]] is not always human: could be ape, corporation. legal concept | *[[person]] is not always human: could be ape, corporation. legal concept | ||
*[[power]] in energy, social, instructional/knowledge/skill, buying sense | |||
*[[price]] implies expected quality | *[[price]] implies expected quality | ||
*[[quality]] as in quality of life | *[[quality]] as in quality of life | ||
*[[regret]] | *[[regret]] is one way to measure [[risk]] | ||
*[[resource]] includes waste | *[[resource]] includes waste | ||
*[[right]] vs. right, as ordered by ethics | *[[right]] vs. right, as ordered by ethics | ||
*[[risk]] only basis of cost, defined as regret in the future looking back? | *[[risk]] only basis of cost, defined as regret in the future looking back? | ||
*[[ | *[[risk aversion]] is measurable inability to see and avoid [[regret]] - when this is done with perfect anticipation, risk aversion is 1, when randomly, risk aversion can rise as high as 4 on average. This is the number of birds in a bush you will pass up. | ||
*[[safe]] as social not objective idea except via ecology to a degree | *[[safe]] as social not objective idea except via ecology to a degree | ||
*[[save]] as rescue, as "savings", i.e. [[store of value]] e.g. as [[money]] | *[[save]] as rescue, as "savings", i.e. [[store of value]] e.g. as [[money]] | ||
*[[sell]] can have moral conditions, some implied by [[medium of exchange]] | *[[sell]] can have moral conditions, some implied by [[medium of exchange]] | ||
*[[service]] includes things states do, e.g. regulate markets, tax, set standards | |||
*[[social]] trust, e.g. as quantified by [[social capital]] | *[[social]] trust, e.g. as quantified by [[social capital]] | ||
*[[speculate]] is to [[bet]] without any intent to [[hedge]] or [[invest]] in [[capital]]. | |||
*[[threat]] - not tangible, yet anyway, not a [[risk]] | *[[threat]] - not tangible, yet anyway, not a [[risk]] | ||
*[[trust]] | *[[trust]] | ||