Thursday, January 8, 2009
Edelheit on the Recent Suicides Related to the Financial Crisis
On his blog, Aaron Edelheit writes about the recent suicides of the German billionaire Adolph Merckle, the French financier bilked by Bernie Madoff Thierry Magon de La Villehuchet, and real estate mogul Sheldon Good, "What Happens When Money and Business Define You". Edelheit mentions how his charitable volunteering has kept him grounded during dark periods in his life, and laments that the recently departed didn't consider how they could still be of service to others had they not killed themselves, but it shouldn't be surprising that the decline of a business one has worked decades to build could drive one to depression. In the granddaddy of all self-help books, Viktor Frankl's Man's Search for Meaning (pictured above), Dr. Frankl wrote that there were three general ways in which people found meaning in their lives: through a relationship, through a life's work (e.g., a business), or through the way in which one handles unavoidable suffering.
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Incidentally, for those who haven't read it, Frankl's short book is worth reading.
It also made the Library of Congress survey's list of the top ten books Americans found most influential (that list also included the Bible and Atlas Shrugged, if memory serves).
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