It was Sigmund Freud who concluded that man’s own apprehensions, hatreds, fears and jealousies develop into a physical illness and that by probing his past, his psychosis could be healed. From a human viewpoint his conclusions rank high in medical history for they erased the stigma attached to insanity and proved it to be a disease. However, Freud’s theory of the cause and cure incited competition in the profession. He seemed to think that sex “repressions” were responsible when someone went off the beam and that biological bugs were gnawing on him. But his chief disciple, Alfred Adler, theorized that an inferiority complex was the reason. Adler added “introvert” and “extrovert” to party patter about psychiatry.
Yet another pupil, Carl Jung, emphasized a primeval racial complex as the underlying cause. These three learned men started separate schools of thought in man’s restless exploration of his own mind as he struggled for knowledge and control of the driving force within him. It seems that these separate schools of thought can travel together just so far-so that the neophyte who knows nothing of his “unconscious” conflicts finds himself in the same fix as a heathen who learns that there’s a hereafter-but he doesn’t know whether the one to help him on his way is a rabbi, priest or preacher!
Another branch of eggheads rarely in agreement is made up of economists and business analysts. When a youngster asked his Dad to define an economist, he was told that that’s someone who dishes out ordinary business advice dressed up in a black coat, striped pants and a big fee. As an example of their methods, if you pour out the last few drops of Pepso so you can return the bottle and collect 2 cents, an economist jockeys the simple act with a definition “expediting financial liquidity.”
In line with their unpredictable predictions these experts start their services by asking a client, “What sort of business analysis would you like to have? Are you interested in our cheerful finding, our cautious conclusions or our dark outlook?” Thus it seems that if economists were laid end to end, we’d come to a far better end.
The secret of sound economy is to live as cheaply the day after payday as you did the few days before.
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