Bancor
Bancor was a supranational currency proposed in 1944 to facilitate international trade by balancing global liquidity and preventing chronic trade deficits and surpluses through an International Clearing Union.
Economics
Finfluence
Social media influencers have not only altered the way financial information is consumed, but the markets themselves.
The Risk-Free Risk
Bond markets are the referee for economic discipline, raising an eyebrow to reckless borrowing and sternly saying, “Behave, or I’ll raise your yields.”
The Spock Market
How would Spock invest in the stock market?
The Tail of AI
The broad range of technologies that we call Artificial Intelligence or AI are going to change the world, but probably not in the ways many speculate. The underlying question is not just the core technology, it’s how it can be applied to deliver practical cost-effective value without egregious energy.
Money?
Is the system of money we use today working ? Are there are better alternatives on the horizon? There’s certainly a lot of talk about cryptocurrency. Can we learn anything from the gold standard about crypto’s potential to establish a new type of currency?
On Consumption
Today is Black Friday, the day where most of the citizens of the United States, after participating in a day of gorging on food and disposing most of it into the garbage get into their automobiles and swarm to various department stores to buy stuff they don’t need and justify it because the goods are supposedly deeply discounted, marking the beginning our annual mania of consumption of mass consumer products. In a 2019 study, it was estimated that 80% of these goods will end up in landfills.
Agile & Jazz
Software product development and jazz music share a remarkable similarity in their essence: both are grounded in creativity, exploration, and improvisation.
Healing the Digitally Distressed Mind
It’s not until you schedule an intentional “digital detox” that you’ll see how much compulsive behavior punctuates your life and how much willpower it will take to permanently change it.
You Don’t Believe This Sounds
Perhaps the most important bias in our tone is the cognitive one.
Professional Advertising Is Dead. Long Live Advertising.
About eight years ago, I started to notice a bizarre phenomenon. I was paid by people to make things look “professional,” yet I repeatedly noticed that consumers were suspicious or oblivious to much of the visual language that was established by the past century of professional ad design. I looked around for some theorist to … Continue reading Professional Advertising Is Dead. Long Live Advertising.
Social Media Marketing Genius In Ten Minutes
Jumping off of bridges, wearing your pants below your underwear, investing in any stock with a .com in the name, credit default swaps, the atkins diet, asking people to follow their business on facebook out of nowhere — there are a lot of things that people do in great numbers because everyone else is doing … Continue reading Social Media Marketing Genius In Ten Minutes
To The Maverick Go The Spoils
The biggest challenge for businesses of all types these days is greater competition for dwindling market share. Unless you have a completely exclusive product or service that has an uncontested monopoly, you probably find yourself having to take less for what you sell. As a friend said during lunch the other day, “people just aren’t … Continue reading To The Maverick Go The Spoils
Is Your Pricing Leaving Money On The Table?
Determining the value that people place on what you do or sell isn’t easy. Setting a price that is too high helps your competition, yet setting your price too low leaves money on the table and possibly a LOT of money — a 5% increase in price can be huge in many businesses. Recent research … Continue reading Is Your Pricing Leaving Money On The Table?
Three Common Traps For New Websites
There are few deadly traps that almost every business falls into on their web campaign, and your developer may not steer you clear of them. Even though I’ve produced or collaborated on hundreds of websites, I still like a good reality check to keep me on my toes. The web development community has been playing … Continue reading Three Common Traps For New Websites