Saturday, April 22, 2017

Modular-Finance....

Looking beyond the Neo-Classical Model to find new solutions.....

Saturday, April 8, 2017

ENTROPY

Entropy is a concept that deals with the amount of disorder in a system. It is widely understood that the spontaneous gravitational pull to maximum entropy is not restricted to simple thermal systems. Due to its underlying probabilistic nature, the SLOT has led to the universal understanding that all spontaneous change (in any system of whatever type) ultimately leads to maximum disorder. This, of course, beggars the question that if the SLOT applies to all systems of any type, then "how can a complex economy arise and sustain itself without some external organizing force?"

Complexity Economics, Kieran D. Kelly


Monday, March 27, 2017

Emergence: A unifying theme for Modular-Finance Theory ( 21st century science)

When electrons or atoms or individuals or societies interact with one another or their environment, the collective behavior of the whole is different from that of its parts. We call this resulting behavior emergent. Emergence thus refers to collective phenomena or behaviors in complex adaptive systems that are not present in their individual parts.



Saturday, February 11, 2017

RETHINK

New ideas are the product of ReThinking

Wednesday, February 8, 2017

The Power of Modularity applied to The World of Finance...

Modularity - The Design Principle of Complex Adaptive Systems...

Multiple Models....

The notion that the economy is .....a absurd Delusion!!!

System 1 / System 2

good habits develop good a good system one

Education and experience and Science help build a Good system Two

Remember Einsteins insight !

Ed Hess slow things down and use some system 2 once in a while....get the two in sync

Guidance principles provide the rules of the game both written and unwritten...

Why is the Financial Systems Important....

It's the Economy Stupid!!!

Tuesday, February 7, 2017

Simplicity and Complexity...It's Complicated

There can be few better places to talk about complexity than Vienna. This was the capital of the most complicated political organisation yet seen: the Austro-Hungarian Empire.

MAIN & WALL is simplifying to avoid unnecessary complexity...

Monday, January 30, 2017

Critical, Reflective, Systems, Design and Innovative Thinking...

THINK - THINK - THINK

MFiM...

Complexity Economics, Design and Systems Thinking, Machine Learning etc. etc.

Peter Senge - The Fifth Discipline

Systems Thinking....

Ed Hess - Learn or Die!

Building a Learning Organization....

Thomas Sowell

Applied Economics and the second derivative...

Mother Nature- And the Architecture of Complexity

Mandelbrot - Fractals & Mother Nature - of cauliflower, tree bark and coastlines....

Own The Experience...

A lot of people in our industry haven't had very diverse experiences... so they don't have enough dots to connect... ~ Steve Jobs

Building Multidisciplinary Teams - To find innovative solutions...

The Dumbest Business Idea Ever: The Myth of Shareholder Value ~ Lynn Stout

Understanding Obliquity and the Second derivative....