Category Archives: Business

Why Blockchain has no economic future.

[expanded from the post on JohnMenadue] When Bitcoin went public in 2009 it introduced to the world of finance and economics the technology of blockchain. Even the many who thought Bitcoin would never make it as a major currency were … Continue reading

Posted in bubble, Business, Climate Change, History, Information, Innovation, IT and Internet, Political theory, Politics - national, Science, Social Policy | 12 Comments

Let’s have another World War!

Sometimes, it feels like 1910 all over again. Then, a confident Germany was the up-and-coming industrial power house, fearing an even more up-and-coming Russia, with the UK and France desperately holding on to their colonial empires. Now, a confident China … Continue reading

Posted in Bullshit, Business, Climate Change, Cultural Critique, Death and taxes, Democracy, Economics and public policy, Employment, Environment, Ethics, Geeky Musings, Gender, History, Humour, Immigration and refugees, Indigenous, Inequality, Information, Innovation, Intellectual Monopoly Privileges, Journalism, Media, Miscellaneous, Music, Philosophy, Political theory, Politics - international, Politics - national, Public and Private Goods, Race and indigenous, regulation, Religion, Science, Social, Social Policy, Society, Sport-general, Theatre, Travel | 5 Comments

Thoughts on Artificial Intelligence.

[Note to self. Geeks only] Over the fold I muse on the nature of human intelligence, social intelligence, and the options for artificial intelligence to become ‘smarter than humans’ in the areas of social power and law-making. It is taken … Continue reading

Posted in bubble, Bullshit, Business, Ethics, Geeky Musings, Innovation, IT and Internet, Science | 26 Comments

The new CBA scandal and the business response (plus, cuckoo smurfing!)

There’s a weird sort of dissonance in today’s Australian Financial Review. On the front page, CBA CEO Ian Narev argues that CBA culture is “strong”. Meanwhile, a detailed Neil Chenoweth feature breaks down how AUSTRAC thinks CBA was regularly breaching … Continue reading

Posted in Business, Ethics | 9 Comments

Five ways to tell if you’re REALLY doing strategy

Cross posted from the Mandarin. Introduction Strategy is crucial for organisations. But as I’ve previously argued, a great deal of what passes for strategic thinking is a kind of anti-thinking. Typically strategy begins by determining some overarching objective – the end – with … Continue reading

Posted in Business, Cultural Critique, Economics and public policy, Philosophy | Leave a comment

Status Goods: Platinum Credit Cards, Social Situations and Psychological Wellbeing

Status Goods: Experimental Evidence from Platinum Credit Cards by Leonardo Bursztyn, Bruno Ferman, Stefano Fiorin, Martin Kanz, Gautam Rao – #23414 (DEV LS PE) Abstract: This paper provides novel field-experimental evidence on status goods. We work with an Indonesian bank that … Continue reading

Posted in Bullshit, Business, Cultural Critique, Economics and public policy | Leave a comment

Against Strategy

Cross-posted from the Mandarin We do have a few advantages, perhaps the greatest being that we don’t have a strategic plan Warren Buffett It’s a common lament that, within organisations whether in the public, private or not-for-profit sector, boards and/or senior … Continue reading

Posted in Business, Cultural Critique, Economics and public policy, Employment | 19 Comments