The thing of which the act of perception is the perception is experienced as something not mental.

Such being the nature of mental life, the business of psychology is primarily to describe in detail the various forms which attention or conation assumes upon the different levels of that life.

When we come to images or memories or thoughts, speculation, while always closely related to practice, is more explicit, and it is in fact not immediately obvious that such processes can be described in any sense as practical.

It is convenient to distinguish the two kinds of experience which have thus been described, the experienc-ing and the experienc-ed, by technical words.

... when demand is being destroyed by expensive oil just as expensive oil is incentivising increased production - it should come as no surprise that at some point the markets would react.

Both expectations and memories are more than mere images founded on previous experience.

Hence, in desiring, the more the enjoyment is delayed, the more fancy begins to weave about the object images of future fruition, and to clothe the desired object with properties calculated to inflame the impulse.