Is speculation inherently bad or harmful?

If speculations are wrong they attract no following and disappear. If they are right they can be the beginning of new fields of knowledge. Achinstein characterizes the act of speculating as the introduction of assumptions or hypotheses in one's theorizing without knowing there is evidence for ... It is against the law to introduce speculation as evidence in a court of law since it is not credible. It's possible to make an accurate guess and be right, but ... Mar 26, 2022 ... You will have to pay BC speculation and vacancy tax if you own property in a taxable area of the province that you do not use as a principal ... Dec 11, 2019 ... The stock market itself is neither speculation or investment. Like any other market e.g. real estate or fine art, it just is. The speculation or ... May 11, 2022 ... Speculative design is a methodology for training one's ability to look to the future and explore complex problems. Working with speculative ... Speculative risk and insurance. Speculative risk is not insurable because it is always the result of the risk-taker's conscious choice. For example, a person ... , there is a complete contingent market. The bundle to which the speculators trade after the first-period market can be composed of held-over purchases and ... Speculation is the act of conducting a trade or market transaction that has both the potential for a substantial profit and the possibility of a severe loss. Mar 1, 2021 ... I examine how scientists discuss speculation and identify various functions speculations play. On this basis, I develop a 'function-first' account of ...