Friday , May 17 2024
Home / Mike Norman Economics / Dialectic Method

Dialectic Method

Summary:
Its a good idea to pay attention to the Methodology one is using... the Methodology itself may not be properly suited to the discipline one is trying to master...Backgrounder on one 'Dialectic Method' here. Dialectic or dialectics (Greek: διαλεκτική, dialektikḗ; related to dialogue), also known as the dialectical method, is at base a discourse between two or more people holding different points of view about a subject but wishing to establish the truth through reasoned arguments. Dialectic resembles debate, but the concept excludes subjective elements such as emotional appeal and the modern pejorative sense of rhetoric.[1][2]  Dialectic may be contrasted with the didactic method, wherein one side of the conversation teaches the other. Dialectic is alternatively known as minor logic, as

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Peter Radford writes Lost opportunities?

Joel Eissenberg writes Oh, Elon!

Angry Bear writes Role Of Medicaid Accountable Care Orgs In Maternal Health

NewDealdemocrat writes April consumer prices: still an interplay of gas and house prices, with a side helping of motor vehicle insurance


Its a good idea to pay attention to the Methodology one is using... the Methodology itself may not be properly suited to the discipline one is trying to master...

Backgrounder on one 'Dialectic Method' here.

Dialectic or dialectics (Greek: διαλεκτική, dialektikḗ; related to dialogue), also known as the dialectical method, is at base a discourse between two or more people holding different points of view about a subject but wishing to establish the truth through reasoned arguments. Dialectic resembles debate, but the concept excludes subjective elements such as emotional appeal and the modern pejorative sense of rhetoric.[1][2] 
Dialectic may be contrasted with the didactic method, wherein one side of the conversation teaches the other. Dialectic is alternatively known as minor logic, as opposed to major logic or critique. 
Within Hegelianism, the word dialectic has the specialised meaning of a contradiction between ideas that serves as the determining factor in their relationship. 
Dialectic comprises three stages of development: first, a thesis or statement of an idea, which gives rise to a second step, a reaction or antithesis that contradicts or negates the thesis, and third, the synthesis, a statement through which the differences between the two points are resolved. 
Dialectical materialism, a theory or set of theories produced mainly by Karl Marx and Friedrich Engels, adapted the Hegelian dialectic into arguments regarding traditional materialism.

The Dialectic Method, perhaps better translated into the contemporary "Fisking" for us today; is properly suited to Artistic (non--material) disciplines only (music, literature, theater, haute couture, painting, sculpture, etc) ... for if you try to synthesize with a false or perhaps even just simply ignorant anti-thesis in material disciplines and you will end up blowing yourself up...

Probably 99.99% of the Economics discipline is operating under the Dialectic Method and accordingly the material result is the manifest shit-show we are watching every day ... a moron-fest goat rodeo...

Its NOT the discipline of Economics that is the problem, we often can see the discipline taking a lot of heat.. imo its unfair criticism of a discipline ... its rather the dominant dialectic methodology commonly used within that discipline that is fucking everything all up...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *