Warsaw, Poland

Energy Market Operations

Funkcjonowanie Rynków Energii

Language: Polish Studies in Polish
University website: ssl-www.sgh.waw.pl/en
Energy
In physics, energy is the quantitative property that must be transferred to an object in order to perform work on, or to heat, the object. Energy is a conserved quantity; the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The SI unit of energy is the joule, which is the energy transferred to an object by the work of moving it a distance of 1 metre against a force of 1 newton.
Market
Market (economics)
Market
Underlying most arguments against the free market is a lack of belief in freedom itself.
Milton Friedman, Capitalism & Freedom (1962)
Energy
The real key word that triggers my rage is the word "energy". When people start talking about positive or negative types, for instance, negative energy — what are you talking about? What do you mean? Let's think about it, what does energy mean? Well, we know what it means, you know, energy from petrol when it's burned and moves a car and makes it move, it's like this. "This room has positive energy." Now, where the fuck is it going, then? It's not moving. It's covering up such woolly thinking, such pathetic nonsense.
Stephen Fry on New Age use of the word "energy".
Market
The code-speak phrase "limit the influence of market forces" really means to arrange things OTHERWISE by leaving everything to free-market equilibration. A simple illustration is where a state wishes simply to defend its existence. This may call for various concepts of national self-sufficiency so that, for example, Japan may choose not to become entirely an importer of rice!
John Forbes Nash, on question "In what sphere of life, if any, do you think it most important to limit the influence of market forces?", in "Nobel Laureates Offer Views on the Economy", Wall Street Journal (Sept. 3, 2004)
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