Linguistic Significance
Common usage of investment to describe speculation has reduced investor capacity to discern investment from speculation, reduced investor awareness of risk associated with speculation, increased capital available to speculation, and decreased capital available to investment.
Read more about this topic: Investment
Famous quotes containing the words linguistic and/or significance:
“It is merely a linguistic peculiarity, not a logical fact, that we say “that is red” instead of “that reddens,” either in the sense of growing, becoming, red, or in the sense of making something else red.”
—John Dewey (1859–1952)
“The hypothesis I wish to advance is that ... the language of morality is in ... grave disorder.... What we possess, if this is true, are the fragments of a conceptual scheme, parts of which now lack those contexts from which their significance derived. We possess indeed simulacra of morality, we continue to use many of the key expressions. But we have—very largely if not entirely—lost our comprehension, both theoretical and practical, of morality.”
—Alasdair Chalmers MacIntyre (b. 1929)