I’ve been adding a introductory notes to my 4/1/10 post on Keynes’ “Widow’s Cruse” that seems to have grown into something I should post on its own too.
The corresponding natural phenomenon he described is much more aptly termed “the youthful novice challenge” than by “the widow’s cup”.
Was Keynes ignored because he chose an odd name for the parable?
It’s really not a “bitter pill” for growth systems finding themselves in unexpected unfamiliar environments, to discover their own objectives at that point, and a way to mature and thrive as part of a stable world. Every youthful novice goes through that basic life challenge in some way, and a great many live up to it. Continue reading Or is the end of growth a great “Right of Passage”?