In a market economy, ‘price’ is determined by supply and demand. Producers supply and consumers demand, and the compromise between them is price. However, the price determined by supply and demand is not always beneficial to both producers and consumers. The price formed in the market is distorted by various factors, and the imbalance that occurs at these times results in a loss for some and a benefit for others. Wealth transfer occurs when there is an imbalance in the price of a good or service. Price imbalance necessitates an understanding of the essence of the market that forms between supply and demand, and it is a fundamental virtue for entrepreneurs to develop an ability to recognize bubbles and undervaluation of value. - Joseph’s “just my thoughts”
Rest refers to the state of accepting a ‘ meaningless stimulus ,’ rather than being an absence of any stimulus. There is no genuinely meaningless thing in this world; paradoxically, meaninglessness is meaningful because it ‘has no meaning.’ Excessive information and stimulation can destroy creativity . We intentionally need to be in a state of accepting meaningless stimuli in our daily lives. Whether it’s listening to music, enjoying the sounds of nature , or observing ordinary visual scenes that don’t matter, anything is acceptable. - Joseph’s “just my thoughts”