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Showing posts with the label benefit

Just my thoughts #0719

Austrian psychiatrist Julius Wagner-Jauregg had a remarkable talent for recognizing patterns. When a common tendency appears, it’s called a pattern. Finding common ground also involves identifying problems or finding solutions. Before the discovery of penicillin, Julius was searching for a way to treat neurosyphilis but accidentally discovered that the condition was cured when the patient developed a severe fever from another disease. Julius intentionally infected a patient with malaria to induce a fever, and when the fever rose, he used quinine to treat malaria and saved the syphilis patient. Without treatment, syphilis had a 30% survival rate, but with malaria-induced fever, the survival rate increased to 60%. The survival rate was doubled. For this work, he was awarded the Nobel Prize in Medicine in 1927. Although high fever causes pain in humans, it also signals that the immune system is active. Recognize patterns to solve problems. - Joseph’s “just my thoughts”

Just my thoughts #0283

What defines an elite? Is it someone who has studied a lot and done well? Is it someone who has a lot of experience? If so, is it someone who has a lousy personality despite having prominent abilities? The word elite comes from “meritocracy.” People who have worked harder than others and won the competition believe they should receive more benefits. Excessive meritocracy harms the common good. “If you’re envious and regretful, you do so too! Can’t you do that?” stems from the misguided belief that one’s success and victories are solely due to one’s own efforts. - Joseph’s “just my thoughts”

Just my thoughts #0077

In wealth, the first is value exchange and the second is added value. "Value exchange" occurs when "need (demand)" comes first. Making and exchanging bread with wheat is a value exchange. The price of bread is higher than the price of wheat grain. The price difference is value added. For value-added to occur, "benefit" must be provided. To provide this "benefit", you have to incur costs and expenses. This is called investment. In other words, the value added is the result of the investment, the surplus is subtracting the costs and expenses from the supply price. You can calculate the value added to make a profit if you first know your investment condition and its amount. "Wealth" only occurs when "value-added" is accumulated. - Joseph’s “just my thoughts”

Just my thoughts #0027

In the USA, even in one country, the time difference between the west and the east is 3 hours. People thought that time was a natural thing. But it is not. It's very political. The time that man lives in a unit of minutes is too short. However, since the invention of the steam locomotive, the appearance of faster vehicles made crazy changes to the concept of time. The shift in distance made people realize what time was. Sandford Fleming, an engineer and inventor, asked to unify the time difference caused by long-distance transportation, but people rejected his request. If the boarding time were not fixed, the railroad would be useless. The history of the 24-hour clock was made only about 140 years ago. Even with the invention of high technology, if nothing is consensus, nothing benefits. - Joseph's "just my thoughts"

Just my thoughts #0011

On the economic front, a relationship that believes in each other is much more beneficial than an untrustworthy relationship. Disbelief results in inefficiency and leads to increased costs. Nevertheless, most of us choose to be distrustful because our experiences of loss from betraying after we have trusted someone are clearly visible and the benefits of cost savings by trusting someone are invisible. My attitude toward the world determines my actions, in our distorted experience, we regret and conflict daily. Even though we know it's a loss, we continue to cling to our foolish choices. - Joseph’s "just my thoughts"