The famous Milton Friedman pencil case concerning the circular economy and integrated reporting is a topic of this post. Milton Friedman’s “pencil case” can be found in his book Free to Choose. A shorter but sufficiently explanatory version can be… Continue Reading
In organisational risk assessment, financial risk assessment (and financial risk management) comes first, followed by occupational injury risk prevention and physical security risk assessment and risk management, especially for properties and facilities that are more vulnerable to a crime or… Continue Reading
Terminology is important. Clarifying the concepts behind important terms has always been a passion of mine. So many conceptual blunders can be found in the so-called social sciences in particular, both in the past and today, and management and communications… Continue Reading
I guess we all experience awkward moments from time to time, seeing simple basic truths behind complicated explanations. Buzzwords like “circular economy”, “sharing economy” or “universal basic income” are the most frequent examples. There is an abundance of such buzzwords… 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
Integrated reporting is based on two premises: That organisations behave like living beings (biological premise). That living beings exist holistically (holistic premise). Taken together, these two premises limit the possibilities of organisational philosophy, explanation, design, governance, control, risk management, and… 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
Morality started to be outdated as a base of human existence roughly in the middle of the 20th century. Still, it started to evaporate already with the rationalism and empiricism with Descartes, Hume and positivism and analytical philosophy of the… Continue Reading
One has to be pretentious after not even Piketty could say anything new about Marx infamous Das Kapital (1867) and rewrite it. It is not the purpose of this article to analyse reasons why the capital as presented by Karl… Continue Reading
At the moment no one develops a vaccine or any other protector against memetic Coronavirus. The real threat thus comes from memetic viruses. Continue Reading