Trilemmas
There is a “Trilemma” in finance,
also called the “impossible trinity”. It states that a nation can have any two,
but not all three, of these three:
a. International capital flow.
b. Stable domestic economy.
c. Stable currency value.
Citation:
http://www.nytimes.com/2010/07/11/business/economy/11view.html
Troikas arise from trilemmas when
three voters attempt to decide which two of the three to choose. Each of the
three options passes by 2/3, yet all agree that one of the three options must
be denied.
The “Manager’s Trilemma”: a product can be at most two of:
Cheap.
Fast.
Good.
The “Labor Trilemma”: an economy can have at most two of:
Stable price level,
Full employment,
Free collective
bargaining.
The “Munchausen Trilemma”: an explanation can be at most two of:
Finite.
Complete.
Noncircular.
The “Zizek Trilemma”; anyone under Communism can be at most two of:
Honest.
Intelligent.
Communist.
In
each of these cases, the Stooges will vote majorities for each option, yet
unanimously agree that one must go!
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