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James Says That "Epistemology Is Only a Collective Name for All

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James says that "Epistemology is only a collective name for all these sensible natures, and save for time and space (and, if you like, for 'being') there appears no universal element of which all things are made."

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Definitions:

Expected Claims

An estimation of the amount and frequency of claims a company might expect within a certain period, often used in insurance and risk management.

Marginal Utility

is the additional satisfaction or utility a consumer receives from consuming an additional unit of a good or service.

Income

The money received by an individual or business for work, from investments, or from other sources.

Families

Groups of individuals related by blood, marriage, or other significant relationships who typically live together and share economic and social responsibilities.

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