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In This Selection Ryle Criticizes Cartesian Dualism, Which He Labels

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In this selection Ryle criticizes Cartesian dualism, which he labels "the Ghost in the Machine," as involving a category mistake. A category mistake is a confusion one slips into when something that belongs to one category or context is mistakenly taken to belong to another. Ryle argues that just because we speak of bodily functions and mental functions as different in no way entails that they are two entirely separate entities. Ryle believes that this functional language can be reduced to observation language.
-Ryle believes that the mind is made of a different sort of stuff than the body is.


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Primary Market Transaction

The initial issuance and sale of securities directly from the issuer to investors, distinguishing from secondary market transactions where securities are bought and sold among investors.

IPO

Initial Public Offering, the process by which a private company becomes publicly traded by offering its shares for sale to the general public for the first time.

Public

Relating to or involving the people as a whole; often used to describe companies whose shares are available to be bought and sold by the general population.

Agency Costs

Expenses stemming from conflicts of interest between parties in a corporation, especially between owners and managers.

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