Some have said for a long time that the management of Ireland has been corrupt, collusive and self-destructive. The solutions have been evident, but require action by those that are party to the inefficiencies. The track record is not good – even the priests never owned up about their corruption. Perhaps enough people will wake-up …
Continue reading Can we face reality? Can we do the right thing?
Category:3 The World of Money
Sustainable development portal, Wikipedia
A good place to learn about balancing economics, environment and ethics. http://en.wikipedia.org/wiki/Portal:Sustainable_development
EU austerity drive by country
EU austerity drive by country by BBC A succinct picture. In Ireland’s case, a good start would be to cut the interest rate on the loans. They must be soft or the numbers don’t work. But moral hazard must be expunged and transaction cots reduced.
Why is oil so expensive?
Oil probably should be as expensive as it is, whether you buy gasoline, petrol or diesel. But the price should be paying for the pollution and opportunity cost, not profits of executives working for big oil. So, this article from REpedia caught my eye: The Oil Industry’s Monopoly on Transportation Once again, high gas prices …
Continue reading Why is oil so expensive?
Helga is the proprietor of a bar.
The only way out is to change behaviour … Helga is the proprietor of a bar. She realises that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronise her bar. To solve this problem, she comes up with a new marketing plan that allows her customers to …
Continue reading Helga is the proprietor of a bar.
Irish House Prices
In a wander around the internet I came across Irish government statistics on house prices. When did the hallucination begin? And hubris was so un-Irish. Not anymore.
Tick the box. Or think.
I just had an interesting conversation with my brother. He is a senior compliance specialist who has worked with the biggest global commercial banks. He explained the extraordinary cost and consequences of poor administration of the legal framework of the finance and securities industry in the EU. I was amazed. His perspective from the City …
Continue reading Tick the box. Or think.
$ 1 trillion in subsidies to big oil
Maybe this time action will be taken. Maybe you too think that subsidising oil is the wrong way to reduce pollution and increase fuel efficiency. Here’s a petition to sign. At the G8 Obama and others intend to finally sign in to effect agreements to stop subsidising fossil fuel companies like Exxon, BP, Texaco, Chevron, …
Continue reading $ 1 trillion in subsidies to big oil
$ 2billion “surprise” trading loss? C’mon!
So JP Morgan hung its head because it did a “Leeson” and managed to lose $ 2 billion in trading in a couple of months. They are supposed to be one of the good ones. What is going on? What are regulators doing? What are you investors doing? Let heads roll! BBC: JPMorgan reveals shock …
Continue reading $ 2billion “surprise” trading loss? C’mon!
Open business to change the world.
What do you mean open business? I could tell you, or you could look here … Open business is a concept of doing business in a transparent way, intimately integrating an ecosystem of collaborating participants. It is a holonic approach. Objectives are multifaceted and recognise the interdependence of organisations and participants. They recognise natural law. …
Continue reading Open business to change the world.