Culture
In the 40s an American psychologist named Abraham Maslow studied something he called self actualization — this being the highest level of human consciousness. As he observed everything from primates to the particularly evolved Blackfeet Indians, he started to develop his idea around “Maslow’s Hierarchy of Needs”. Much of what we currently observe in American politics and culture are easily correlated to this concept. If people are in the bottom…
Did you ever wonder how a company makes such unbelievably bad decisions? Undoubtedly, they are made by very smart and experienced executives who are sometimes at the top of their fields. Yet with access to every piece of actionable data, a staff of analysts and 25 years’ of hard-earned experience they lay an egg the size of Manhattan. The “New Coke” or passing on signing the Beatles are among the…
It’s funny how easy it is to be a one-sided economist. If you espouse the view of one side of a situation, you are likely to find a supporter — and perhaps an employer — who will endow you with the resources needed to expand and market your one-sided viewpoint. This is how we got to where we are. I completely understand the feeling people have to desire agreement. It’s…
Do you ever get the feeling that the experts are trying so hard and know so much that they can’t see the forest for the trees? I listen to economists and political pundits go on and on about the state of the economy, as if simultaneously the sky was falling and that everything is perfect at the same time — sometimes in the same paragraph. I’m not a trained economist,…
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