John Vespasian
Seneca’s fall from grace in the early Roman Empire had been spectacular. In a short period, he had gone from imperial chancellor to deportee. He had gone from the luxuries of Rome to exile on an island in the Mediterranean. Can self-discipline protect us from suffering when we face a severe reversal of fortune? Seneca thought so and viewed self-discipline as the best training method against suffering. Seneca’s writings emphasise that misfortunes, disasters and bad luck will have little bearing on individuals who have been training themselves to be resilient. We can draw great benefits from those mental preparations, explains Seneca, because when adversity occurs, “it won’t take us by surprise.” He is referring to a general mental preparation, not to adopting specific measures against all kinds of disaster. Seneca’s philosophy of self-discipline seems credible at first sight, but contains an error that cannot be cured. When making his recommendation for self-discipline, Seneca didn’t know the concept of opportunity cost. I am not accusing Seneca of ignorance or negligence since none of his contemporaries had ever heard of the concept of opportunity cost. No wonder, since it was discovered hundreds of years later by Friedrich von Wieser (1851-1926). Wieser contributed greatly to economic analysis by pointing out that, when we make decisions, we tend to consider not only the visible costs, but also the opportunity costs. For example, if we opt for enrolling in university to pursue a four-year degree, we can calculate the visible costs by adding the costs of tuition, textbooks, accommodation, food and other necessities. However, our decision also entails opportunity costs, that is, the cost of not doing other things during those four years. Our energies could have been devoted to a full-time job, to starting a business, or to relocating to China and learning Chinese. Here is the link to the original article: https://johnvespasian.com/critique-of-senecas-call-for-self-discipline/
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