October 2015

Trigger Warnings and Micro-aggressions

*This post may (probably does) contain material that may be emotionally disturbing. Be advised Trigger warnings and micro-aggressions are the latest craze in our U.S. society (see here for a review from the Atlantic). Briefly, professors are now being criticized for assigning materials or presenting information that may trigger undesired emotional responses in the student. Whatever the intentions of the originally conceived warnings, this concept has morphed to include any idea that is in opposition to …

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I read the news today, oh boy…

I am an avid news reader and follower of current events. It is part of my training in issues and crisis management: watch what is going on, consider implications, and create strategy. Today, I am sparked by an article in the Guardian regarding too much choice. I have to say that I am concerned. The science of behavioral economics is sound (and fascinating – it will be a recurring topic on this blog). Humans are influenced by a …

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Want to Help the Poor? Make a Profit

“When a person acts in his own interest, he frequently promotes (the interest) of society more effectually than when he really intends to promote it.” – Adam Smith (A typical Haitian street market) Capital flows to where the expected return is the greatest. I knew this academically as a teacher/professor and I knew this practically as an investor and entrepreneur, as this is what causes stock and business prices to increase or decrease over time. But …

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