that starts from Monopoly and you actually get to figure out a good end.
– from a The Finance Lab conversation responding to a finance learning game idea raised by Mark Gater –
Phil Henshaw on 3/18/10
How about if you made it fairly realistic, allowing money holdings to continue growing normally even when the amount of product […]
3/15/10 This is an edited foreword for my 3/13 post and a P.S.
A recent note came from Charles Hall, with two interesting things. He passed along the Peak Oil Review pointing out again how oil prices are edging upward even as the economy slips. That’s one of the features of our trying to grow with […]
Sometimes it pays to recognize circular arguments with no escape, and realize one or more of the core assumptions causing that needs to be questioned. The presently brutal and worsening job market in the developed countries is often discussed with a circular argument: that stimulus isn’t working so we need more, but governments run a […]
from my Finance Lab blog post
Twenty-five years ago I discovered that Keynes had come to the same conclusion as I had about how to achieve a stable steady state economy, and that Ken Boulding had been talking about it for decades too. His idea came from also realizing that capitalism would produce an over-investment crisis when […]
Reposted from my Finance Lab blog
The way social customs develop, and community standards, what to expect is formed by agreement and not by research all the time. Then people teach what others before them agreed on. I think that could be the main reason why for a few hundred years everyone assumed the right thing […]
To ask the right question is how we can reduce our negative impacts on the world. Choosing the right things to spend on doesn’t really do that, for two very good reasons. Most money you spend will have about average impacts per dollar anyway. If you think where money goes and how each product takes […]
The real trouble with understanding your own accumulative effects on the world is that the human theory of cause and effect, like pool balls bouncing around transmitting effects from elsewhere, isn’t the way nature accumulates effects. Bouncing balls is not the glue nature uses, you might say. The effects of pressures and forces are real […]
I think the answer is, well, yes of course… Most people seem to
intuitively confuse increasing their access to resources with increasing the
supply when increasing their access to resources actually decreases the earth’s
supply.
This is another way to understand the various mysterious efforts
to reduce the impacts of growth by streamlining and accelerating growth, which
of course multiplies its […]
From Jim Maendel on a Linkedin Foresight group
Phil,
[I was] just looking for smart people to join our group. After checking out your site, I believe you may be overqualified. Your stuff is brilliant. I found this portion on the market pundits fascinating:
“Well, I’ve been wondering for a long time why the flows of change […]