What does speculative mean in philosophy?
Definition of speculative philosophy
1 : a philosophy professing to be founded upon intuitive or a priori insight and especially insight into the nature of the Absolute or Divine broadly : a philosophy of the transcendent or one lacking empirical bases.
What does Hegel mean by speculative?
Hegel describes his philosophy as speculative. In Hegel speculative does not mean wild or lacking a warrant: it pertains to the point of view of reason above natural consciousness and the understanding, at which contradictions are resolved.
What is metaphysical rationalism?
A metaphysical rationalist is someone who endorses the Principle of Sufficient Reason (PSR), the principle that everything has an explanation.
What are the characteristics of rationalism?
rationalism, in Western philosophy, the view that regards reason as the chief source and test of knowledge. Holding that reality itself has an inherently logical structure, the rationalist asserts that a class of truths exists that the intellect can grasp directly.
What is speculative theory?
The definition of speculative is based off of thoughts not evidence. An example of something speculative is a theory based on emotions that a certain stock is going to rise. adjective. Given to, characterized by, or based upon speculation or conjecture.
What is speculative thinking?
Speculative thinking refers to thinking about past or future possibilities; it includes counterfactual thinking, prefactual thinking, and other types. In this narrative review, we discuss the traditional function of speculative thinking in improving future performance (i.e., the preparatory function).
What is speculation with example?
Speculation is the act of formulating an opinion or theory without fully researching or investigating. An example of speculation is the musings and gossip about why a person got fired when there is no evidence as to the truth.
What do you mean by speculate?
speculate \SPEK-yuh-layt\ verb. 1 a : to meditate on or ponder a subject : reflect. b : to review something idly or casually and often inconclusively. 2 : to assume a business risk in hope of gain; especially : to buy or sell in expectation of profiting from market fluctuations.
What is speculative knowledge?
a type of theoretical knowledge deduced by means of reflection, without recourse to experience, that seeks to explore the limits of science and culture. Speculative knowledge is a historically determined means of establishing and developing systems of philosophy.
What is speculative intellect?
speculative intellect – the faculty of knowing for the sake of knowing. speculative science – sometimes just called “science”; the type of knowing characteristic of the speculative intellect; see speculative intellect and science.
What is a speculative statement?
Particularly, speculative statements characterize hypotheses when linked to molecular entities (genes/proteins) and backed up by experimental evidence. Such statements are often given in hopes of stimulating further research into a topic.
What is the meaning of speculative motive?
Definition: It is a tactic used by investors/ traders to hold cash so as to make the best use of any investment opportunity that arises later on. Description: Keeping all money invested doesn’t seem attractive all the time.
Who introduced speculative motive?
In The General Theory, Keynes distinguishes between three motives for holding cash ‘(i) the transactions-motive, i.e. the need of cash for the current transaction of personal and business exchanges; (ii) the precautionary-motive, i.e. the desire for security as to the future cash equivalent of a certain proportion of …
What is speculative motive of holding inventory?
3) Speculative Motive: The Company may like to purchase and stock the inventory in the quantity which is more than needed for production and sales purpose. This may be with the intention to get advantage in term of quantity discounts connected with bulk purchasing or anticipating price rise.
What is speculative motive of demand for money?
The speculative motive for demand for money arises when investing the money in some asset or bond is considered riskier than simply holding the money. The speculative motive for demand for money is also affected by the expected rise or fall of the future interest rates and inflation of the economy.
How would you define speculative demand?
The speculative or asset demand for money is the demand for highly liquid financial assets — domestic money or foreign currency — that is not dictated by real transactions such as trade or consumption expenditure.
What is the difference between transaction motive and speculative motive?
The transactional motive refers to individuals holding money for the sake of buying goods and services to improve their quality of life. The speculative motive refers to the desire to hold money for the purpose of investing and growing wealth over time.
What is speculative and transaction demand for money?
Transaction demand – money needed to buy goods – this is related to income. Precautionary demand – money needed for financial emergencies. Asset motive/speculative demand – when people wish to hold money rather than buy assets/bonds/risky investment.
What can be inferred about speculative demand for money when bond price is low?
(i) If market rate of interest is very high and everyone expects it to fall in the future (i.e., rise in price of bond) thereby anticipating capital gain from bond holding, people will convert their money into bonds. Thus, speculative demand for money is low.
What are the two types of demand for money?
Given our explanations of the functions of money, it will not be surprising that there are two different types of demand for money. The first is called the transactions demand and the second is called the asset demand.