20061214

Introspection vs. Appreciation

Introspection is contemplation on one's self, as opposed to extrospection, the observation of things external to one's self. Introspection may be used synonymously with self-reflection and used in a similar way. Introspection is like the activity described by Plato when he asked, "...why should we not calmly and patiently review our own thoughts, and thoroughly examine and see what these appearances in us really are?" (Theaetetus, 155)Appreciation is a term used in accounting relating to the increase in value of an asset. In this sense it is the reverse of depreciation, which measures the fall in value of assets over their normal life-time.

Appreciation is a rise of a currency in a floating exchange rate.

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