We crossed a walk to the other part of the academy, where, as I have already said, the projectors in speculative learning resided.
After salutation, observing me to look earnestly upon a frame, which took up the greatest part of both the length and breadth of the room, he said, "Perhaps I might wonder to see him employed in a project for improving speculative knowledge, by practical and mechanical operations.
It is a common amusement of speculative minds to contrast the magnitude of the most important events with the minuteness of their primeval causes, and the records of mankind are full of examples for such contemplations.
That is, perhaps, the only instance in human history of that positive, original social compact, which speculative philosophers have imagined as the only legitimate source of government.
Statesmen, rulers, generals, and all men who act over an extensive sphere, are most liable to be deluded in this way; they commit wrong, devastation, and murder, on so grand a scale, that it impresses them as speculative
rather than actual; but in our procession we find them linked in detestable conjunction with the meanest criminals whose deeds have the vulgarity of petty details.
Percy Driscoll had worn himself out in trying to save his great speculative
landed estate, and had died without succeeding.
Her mother too, in whose mind not one speculative
thought of their marriage had been raised, by his prospect of riches, was led before the end of a week to hope and expect it; and secretly to congratulate herself on having gained two such sons-in-law as Edward and Willoughby.
For it occurred to me that I should find much more truth in the reasonings of each individual with reference to the affairs in which he is personally interested, and the issue of which must presently punish him if he has judged amiss, than in those conducted by a man of letters in his study, regarding speculative
matters that are of no practical moment, and followed by no consequences to himself, farther, perhaps, than that they foster his vanity the better the more remote they are from common sense; requiring, as they must in this case, the exercise of greater ingenuity and art to render them probable.
This excitement entered the IPO market resulting in positive speculative
returns for companies listing in the formative time period.
Smith also has a separate, discretionary Schwab account, which she whimsically refers to as "The Michelle Fund." She uses this account to dabble in technology and speculative
Forecasting the future value of assets is speculative
In The Great Crash 1929 (Houghton Mifflin, 1954), he talked about the speculative
mania and the misplaced policies that led to the Great Depression.
The money that flows through these currency markets comes from either speculative
or non-speculative sources.
Free trade in goods and capital has played a major role in speculative
attacks on currencies throughout the world, with Brazil the latest major victim.
National experts are saying the country is poised for a major surge in speculative
office and industrial construction.