Yesterday I submitted my presenter application to TEDxABQ, which is the TEDx event in Albuquerque, NM being held this September. Some friends of mine talked me in to submitting after discussing some of my ideas around generative governance, generative economy… Read More ›
Science tells us that matter is condensed energy. Energy in this condensed form is material and visible, however there is a lot of energy we cannot see. Ultraviolet and Infrared light, for example, are invisible. For the purpose of this… Read More ›
Radiant energy is the energy of electromagnetic waves. Now, I am not a physicist. I don’t even play one on TV. But, in my limited understanding, visible light is electromagnetic radiation that is visible to the human eye and responsible… Read More ›
In the previous posts, I have presented evidence that the current economy is ordered around scarcity and competition. Additionally, I have presented evidence that the universe is ordered around indestructible energy. In fact, all of the matter that exists originated… Read More ›
In Thinking Fast & Slow, (which is a highly recommended book on how humans make decisions) Daniel Kahnemann, a professor of behavioral economics at Stanford, brings much of his life’s work to the layman. As a layman, a couple of… Read More ›
In physics, energy is subject to the law of conservation of energy. The use of the term “conservation” could be confusing as the idea of conserving energy by “saving gas” is a common phrase, but technically incorrect. According to this… Read More ›
There is a theory—Canadian scholar Danny Miller lays it out nicely in a 1991 book, The Icarus Paradox—that when companies truly get into the deepest trouble, it’s usually not because of their weaknesses but rather because of their strengths. Or… Read More ›
Yesterday’s post introduced the biological concept of “interference competition,” and compared big antlers with big bonuses. Today, I want to describe another form of competition recognized by biology. Exploitation Competition: A form of competition wherein organisms indirectly compete with other… Read More ›
Interference Competition: A form of competition wherein organisms directly vie for resources, such as by aggression. In the ecosystem of the Irish Elk big antlers were a big deal. The racks of male Irish Elk grew to span ten feet… Read More ›
What role does scarcity and competition play in the development and survival of a species. Many assume that the competition for scarce resources always makes a species more fit. According to Darwin’s theory, natural selection does favor the traits and… Read More ›
Behavioral economists and psychologists have identified the scarcity heuristic as a mental shortcut whereby people place value on an item based on how easily it might be lost, especially to competitors. The scarcity heuristic does not only apply to a… Read More ›
In modern terms, economics is commonly defined as: the study of human behavior as a relationship between ends and scarce means. Simply, an analysis of human behaviors affected by the influence of scarcity. At the heart of this blog is… Read More ›
This blog is all about order, and economy, and both of those concepts are central to the management of a corporate division, small business, or large family, and thus of particular interest to me (About). More importantly this essay is… Read More ›
In his essay Defending Against the Indefensible, Neil Postman defines reification as the confusing of words and things. He calls it a “thinking error” and goes on to say that “there are no real names for things.” Postman elaborates when… Read More ›
Mitch Cowart 