Category Archives: Bullshit

Strategisation

Consider this statement: Services will continue to make a growing contribution to economic activity in Australia. It is therefore important to remove unnecessary restrictions on service provision — particularly barriers to entry and expansion that impede competition. This is strategisation. … Continue reading

Posted in Bullshit, Cultural Critique | 5 Comments

Strategic plans and adjunct professorships

Some time ago I was written to by an Australian University asking me to become an Adjunct Professor in Journalism. This is an honorary position so, (paradoxically) it’s not much of an honour! In any event, this is how the letter I … Continue reading

Posted in Bargains, Blegs, Bullshit, Humour | 14 Comments

Scaleability and the knowledge economy: or the micro-economics of hyper-bullshit

One of the central contemporary critiques of the industrial revolution was its undermining of crafts and craftsmanship. Today this is happening within the world of ideas. And at least right now, it’s looking like this is not a very happy development. … Continue reading

Posted in Bullshit, Economics and public policy, Information, Innovation, IT and Internet | 6 Comments

The paradoxes of shareholder primacy and ‘short-termism’

In a recent speech “Who owns a company?”, Andy Haldane has this to say: In the earlier period, dividends decreased as often as they increased.  This is as we would expect if profits fluctuate both up and down.  After 1980, … Continue reading

Posted in Bullshit, Economics and public policy | 4 Comments