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Having a clear faith, based on the creed of the church is often labeled today as fundamentalism. Whereas relativism, which is letting oneself be tossed and swept along by every wind of teaching, look like the only attitude acceptable to today's standards. ↗
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It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion. ↗
We're uncomfortable about considering history as a science. It's classified as a social science, which is considered not quite scientific. ↗
