I think that criticism is unjustified. It's a cute term, but noone shouldn't be criticized for who he is.
The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.
The fear of death is the most unjustified of all fears, for there's no risk of accident for someone who's dead.
When we find unjustified spikes in the prices of long-standing life-saving drugs, we should slap penalties on companies trying to cheat people who need those drugs!
Men rarely see their own actions as unjustified.
If you are justified, you can no more be unjustified than Christ can be pulled down from heaven.
The shortcomings of economics are not original error but uncorrected obsolescence. The obsolescence has occurred because what is convenient has become sacrosanct. Anyone who attacks such ideas must seem to be a trifle self-confident and even aggressive. The man who makes his entry by leaning against an infirm door gets an unjustified reputation for violence. Something is to be attributed to the poor state of the door.
To be an anarchist only means that you believe that aggression is not justified, and that states necessarily employ aggression. And, therefore, that states, and the aggression they necessarily employ, are unjustified. It's quite simple, really. It's an ethical view, so no surprise it confuses utilitarians.
In 1980, I published my first novel, in the usual swirl of unjustified hope and justified anxiety.
The investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage.
All I say is that I think it is damned unlikely that anything like a central cosmic will, a spirit world, or an eternal survival of personality exist. They are the most preposterous and unjustified of all the guesses which can be made about the universe, and I am not enough of a hair-splitter to pretend that I don't regard them as arrant and negligible moonshine. In theory I am an agnostic, but pending the appearance of radical evidence I must be classed, practically and provisionally, as an atheist.
Our main conclusions about the state are that a minimal state, limited, to the narrow functions of protection against force, theft, fraud, enforcement of contracts, and so on, is justified, but any more extensive state will violate persons' rights not to be forced to do certain things, and is unjustified; and that the minimal state is inspiring as well as right.
Unless you go through all the genuine angers you feel, both justified and unjustified, the feelings of love that you have will not have any legitimate base and will be at least partially false. Plus, eventually you will go crazy.
These people looked Japanese, were originally Japanese, were numerous. We had no way of knowing to what extent they had been infiltrated. To their great credit, it seems not to have been very much at all. But I can understand why. And I rather respect Eleanor for standing out against the tide at that point. But it certainly was a tide. And I'm not going to say it was unjustified.