Economics
-
Banned by TED
•
4 min read
It is interesting how easy it is to get banned. In big language, we would say one only needs to question the dominant paradigm. In plain language, we’d say you just need to upset the apple cart. Another way to get banned is by speaking as if you are taking a “side” in a popular “debate” about a…
-
Rediscovering Wisdom
•
3 min read
We like common sense. That folksy, personal anecdotal understanding of the world that just, you know, sort of…makes sense. That common sense that encourages parents to tell their three year-old to stop playing with a ball –and is horrified when they throw it one more time. We throw our arms up in frustration and wonder…
-
Revealed By Spoon: the Hidden Imbalance In Decisions
•
2 min read
The last few days, the following photo has bounced around my space in Facebook: The cynical person will no doubt ask: what are the comparable costs of metal spoons, eh? Why don’t we compare apples to apples, here? And then the intuitive among us will point out, yeah, but you only buy one metal spoon…
-
What if China fails?
•
4 min read
I was sitting in Barnes & Noble a few weeks ago and some book title I can no longer remember caught my eye. It made me think of this question: what if China fails? It got me thinking. What if the Chinese economy collapsed today? What would it mean for all of us here? This…
-
Not Mindless
•
3 min read
Prime Minister David Cameron was on vacation while parts of London burned. After a few days, he decided to make an appearance. England’s leaders and members of the media have called the uprising in several poor communities in London “mindless”. Condemning atrocious acts as “mindless” is a way of totally discrediting the other party’s humanity. …
-
Why is bad meat cheap?
•
4 min read
Walking toward the back of Kroger to buy some ground beef, one notices very quickly that the expensive stuff is on the left and degrades as you move to the right. On the far left is Laura’s Lean Beef. It is organic and farm-raised, and 93% fat free. It is $5.49 per pound. To it’s…