Risk does not lie in the probability of an event but optionality. Risk should not be evaluated on rationality but optionality, meaning a heuristic calculation of gains and losses, always asymmetrical in a complex environment. Lessons given by Nassim Nicholas… Continue Reading
Tolerance is not giving away. Tolerance is a way to find a (hard) way to find my place in the temple of humanity. Continue Reading
Cryptocurrency mining. As if gold or silver mining? Apparently, there is a deliberate tendency to understand cryptocurrencies mining as traditional mining. For that same purpose, the total amount of each currency is limited, with an unmistakable resemblance to that of… Continue Reading
Even God himself was less pretentious than humans regarding global warming. Continue Reading
Corruption is not an enemy of civilisation, but a friend to be treated with care. Just enough corruption may not sound like a position that would elicit much admiration. But are we talking about admiration or the best possible sustainable strategies? Continue Reading
Power law allows to connect entropy and information to basic social concepts. Continue Reading
Value chains in organizations can be understood metaphorically as micro power plants that generate energy (value creation) from consumed inputs ( capitals ). Value chains are constructed to add value by producing a slightly greater output value than the sum… Continue Reading
There are two triggers for this post: The first comes from the straw man argument against capitalism as a system that assumes humans are homo economicus. This post will show that homo economicus and its rationality can be embedded in… Continue Reading
Featured image: Matevž Paternoster photo of 5.200 years old wheel found near Ljubljana Integrated reporting (IR) is a global initiative to upgrade organisational reporting. From the perspective of traditional reporting IR objectives are difficult to understand. Or better: they could be… Continue Reading
Prophecy of Ayn Rand comes more and more true. Leading industrialists of our era are more and more openly pleading for a future in which an individual would be subordinated to collective. Elon Musk with his prediction about universal basic… Continue Reading